Mediagazer: YouTube will pay creators up to $10K/month for making original videos on YouTube Shorts, starting in 10 regions this month and paid out of its $100M Shorts Fund (Jacob Kastrenakes/The Verge)

1:55 PM ET, August 3, 2021

Top News:

Tony Maglio / The Wrap:

Discovery says it has 18M subscribers, most on Discovery+, reports Q2 net income of $672M on revenue of $3.06B, up 21% YoY; US ad revenue grew 12% YoY to $1.1B — Discovery surpassed financial expectations in the second quarter of 2021, when advertising sales and growth at Discovery+ made for a solid three-month period.

Discussion: The Hollywood Reporter, Variety, The Streamable, MediaPost, WORLD SCREEN, The Streamable, Variety, @kelseymsutton, @loudmouthjulia, @alexweprin, The Wrap and nexttv.com

K.J. Yossman / Variety:
Discovery says more than 275M viewers in Europe watched the first nine days of the Olympics, of which 100M watched on Discovery channels or digital services

Discussion: The Wrap and Digital TV Europe

K.J. Yossman / Variety:
Discovery's deal to buy European rights for 2018-2024 Olympics, worth $1.5B, has led to severely limited free-to-air coverage in the UK, Italy, and elsewhere

Discussion: The Guardian, Personanondata, @edcumming, @scottygb, @redditcfb, @adebradley and @eddierobson

Knight Foundation:

Knight Foundation announces Jim Brady as VP/Journalism; Brady has worked at WaPo, Digital First Media, and founded Spirited Media — Jim Brady will be VP/Journalism — Heidi Barker will be VP/Communications and Chief DEI Officer — Digital news leader Jim Brady will join the John S …

Discussion: @knightfdn, @jimbrady, @raju, @sewellchan, @jenniferpreston, @froomkin, @jeffjarvis, @vivian and @ckrewson

Nilay Patel / The Verge:

Q&A with YouTube chief product officer Neal Mohan on monetizing Shorts, content moderation with Content ID, YouTube TV, competing with TikTok, and more — YouTube chief product officer Neal Mohan joined Decoder this week to discuss YouTube's new $100 million fund to begin paying creators …

Discussion: @nealmohan, @reckless and @reckless, more at Techmeme »

Jacob Kastrenakes / The Verge:

YouTube will pay creators up to $10K/month for making original videos on YouTube Shorts, starting in 10 regions this month and paid out of its $100M Shorts Fund — YouTube's $100 million Shorts Fund launches this month — YouTube will pay creators up to $10,000 per month for making popular videos …

Discussion: The Wrap, TechCrunch, Variety, New York Times, @alexeheath and Tubefilter, more at Techmeme »

Sara Fischer / Axios:

For the first time, a film distributor will debut a movie on Facebook via a live ticketed event; the documentary “The Outsider” will launch on August 19 — For the first time ever, a film distributor will use Facebook to debut a movie exclusively via a ticketed live event, executives tell Axios.

Discussion: The Wrap, Insider, The Streamable and Variety

Lauren Easton / Associated Press:

Daisy Veerasingham named president and CEO of The Associated Press, becoming the first woman, person of color, and foreign citizen to lead the outlet — NEW YORK - The Associated Press today named Daisy Veerasingham as its new president and CEO, effective Jan. 1, 2022.

Discussion: New York Times, Associated Press, The Hill, Reuters, The Wrap, Poynter, @dsupervilleap, @sarafischer and @jpacedc

Leonard Greene / New York Daily News:

A staffer sues Fox News saying Andrew Napolitano sexually harassed him and Larry Kudlow made racist and sexist remarks; Fox has “parted ways” with Napolitano — Fox Business host Larry Kudlow repeatedly made racist and sexist remarks during staff meetings and even blocked …

Sarah Perez / TechCrunch:

Twitter partners with Reuters and the AP, who will provide context and highlight links from trusted sources for Trends, Moments, Search, and more — Twitter announced today it's partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused …

Radio Free Europe/Radio Liberty:

Belarusian journalist given 18 months for insulting Lukashenko; human rights org reports 200+ July raids on offices and homes of activists and journalists — A Belarusian journalist has been sentenced to 18 months in prison after being found guilty of insulting the country's authoritarian leader …

J. Clara Chan / Hollywood Reporter:

On-demand movie and TV service FandangoNow has merged with video streaming service Vudu, which will become Roku's official movie and TV store — The updated Vudu service will have more than 200,000 titles to rent or buy — including features on Disney+ like ‘Black Widow.’

Discussion: Variety, MediaPost, ComingSoon.net, The Verge, Gizmodo, Cord Cutters News, Decider and FierceVideo

Karlene Lukovitz / MediaPost:

ViacomCBS announces a multi-year distribution agreement with Cox Communications, which will now gain access to Paramount+, Showtime OTT, and Pluto TV — ViacomCBS announced a new multi-year distribution agreement with Cox Communications that includes greater access to ViacomCBS's streaming services …

Discussion: Radio & Television …

Miranda Sawyer / The Guardian:

Some podcasters worry about the impact of huge investment into the industry, led by Spotify and Amazon, especially on indie shows — As big spenders such as Amazon and Spotify fill our ears with more commercial, celebrity-driven fare, can grassroots, diverse shows survive?

Discussion: @julieamcdowall, @edibow, @bobservo, @greg_jenner, hotpodnews.com, @henereyg, @fallingtreeprod, @simonowens, @martinaustwick, @cathycullen, @cameronreilly, @thememorypalace, @msmirandasawyer, @fionasturges, @thecatfilmfan and Podcast Movement

New York Times:

While social media companies attract attention for vaccine misinformation, researchers say local media has been a powerful conduit for anti-vaccine messaging — Facebook and other social media have been under scrutiny for vaccine misinformation, but local outlets have also sometimes been active.

Discussion: Axios, @jkelly3rd, @jkelly3rd, @stphnfwlr, @trishathadani, @picardonhealth, @jkelly3rd, @daniel_kraft, @jeremarketer, @staceynycdc, @drsherrypagoto, @brettkelman, @brianstelter, Common Dreams and Free Press

Taylor Lorenz / New York Times:
The White House and some states are teaming up with influencers on TikTok and Instagram to encourage vaccine uptake in young people and counter misinformation

Discussion: The Atlantic, New Republic, @nytimesbusiness, @annehelen, @tvietor08, @auforga, @saltycracker9, @berthahidalgo, @taylorlorenz, @brandonrichards, @taylorlorenz, @taylorlorenz, @nickcho, Chicago Sun-Times and Breitbart

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Earlier Picks:

Alex Weprin / Hollywood Reporter:
AT&T officially completes its DirecTV spinoff, of which it still owns 70%; DirecTV will focus on satellite TV and streaming, which it will brand DirecTV Stream

Discussion: Variety, Awful Announcing, The Wrap, The Streamable, Los Angeles Times, Deadline and Business Wire

Dave Jamieson / HuffPost:
Sources: Washingtonian Media CEO has called staffers, held meetings, and otherwise pressured employees to vote no on the upcoming NLRB election

Discussion: Poynter, @mattdpearce, @curious_kurz, @hshaban, @kalinanewman, @jayshams and @abeaujon

Todd Spangler / Variety:
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Robert Silverman / The Daily Beast:
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Jon Porter / The Verge:
YouTube trials a Premium Lite tier for €6.99/month in Europe, giving viewers ad-free viewing on the web, iOS, Android, smart TVs, and game consoles

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From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
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James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

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