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4:20 PM ET, August 3, 2021

Mediagazer

 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.
RELATED:
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  —  More than 275 million viewers across Europe have watched the Tokyo 2020 Olympic Games in the first nine days of the competition, Discovery has reported.
Discussion: Digital TV Europe and The Wrap
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
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 …
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.
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 …
RELATED:
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.
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.’
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 …
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 …
Mark Stenberg / Adweek:
Condé Nast and Universal Music Group partner to launch CNCV+, which will provide advertisers access to both audiences through one offering  —  This morning, Cond?  Nast announced it has partnered with Universal Music Group to launch Cond?  Nast Certified Video Plus (CNCV+) …
Discussion: MediaPost
Jon Porter / The Verge:
Spotify is testing Spotify Plus, a low-cost tier that includes ads but doesn't impose limits on track skipping and lets users pick specific songs to play  —  Spotify Plus is being piloted with a ‘limited number’ of users  —  Spotify Plus is a new low-cost subscription tier being piloted …
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 …
 
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 More News: 
Todd Spangler / Variety:
WarnerMedia and LG reach an agreement to distribute HBO Max on recent-model LG smart TVs in the US
Rick Edmonds / Poynter:
A look at CTInsider.com, a Hearst freemium initiative that pools the resources of its Connecticut newspapers, targeting 50K digital subscriptions by early 2022
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
Taylor Lorenz / New York Times:
A look at Fuck You Pay Me, a Glassdoor-like service where creators can review brands they have worked with and share ad rates
Cynthia Littleton / Variety:
In an interview, Kevin Mayer and Tom Staggs, who just bought Hello Sunshine, say Blackstone vowed to provide them with $2B for acquisition of content suppliers
 Earlier Picks: 
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
Dave Jamieson / HuffPost:
Sources: Washingtonian Media CEO has called staffers, held meetings, and otherwise pressured employees to vote no on the upcoming NLRB election
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
Robert Silverman / The Daily Beast:
A deep dive into Tim Pool's career, from livestreaming Occupy to jobs at Vice before spotlighting extremists and white nationalists on YouTube and his website
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions

 
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