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2:10 PM ET, August 12, 2021


 Top News: 
Sara Fischer / Axios:
The New York Times is launching seven subscriber-only opinion newsletters and making 11 other existing newsletters exclusive to subscribers beginning August 16  —  The New York Times is rolling out a slew of new, subscriber-only newsletters from news and opinion writers.
Drew Harwell / Washington Post:
Right-wing video platform Rumble is paying some media personalities, including Glenn Greenwald, to post videos to its site with a two-hour exclusivity window  —  The video site has exploded during the pandemic as a home for anti-vaccine misinformation and conservative complaints about Big Tech censorship
A Philippine court dismisses a libel case against Rappler CEO Maria Ressa; the case is one of several against Ressa, who calls the suits a harassment campaign  —  A Philippine court has dismissed a libel case against Maria Ressa, a lawyer said on Thursday, one of several lawsuits filed …
Mike Isaac / New York Times:
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach $700M  —  Reddit, the virtual town square of the consumer internet, has raised a fresh $410 million in funding, valuing it at more than $10 billion, the company said on Thursday.
Rachel Abrams / New York Times:
Profile of former National Enquirer editor Dylan Howard, who runs Grazia USA, bought OK Magazine's website and Radar Online, and has signed a podcasting deal  —  Dylan Howard, known for the “catch and kill” deals during the #MeToo reckoning, teams up with an Italian publisher for a paper aimed at the Hamptons crowd.
Andrew Deck / Rest of World:
As Substack expands abroad, writers say it needs local payment options and customer service in other languages; some worry about legal support in hostile states  —  From India to Brazil, Substack is awarding grants and lending journalists editorial resources.  How far will that support really go?
Joshua Benton / Nieman Lab:
Q&A with Center for Public Integrity's new CEO Paul Cheung and EIC Matt DeRienzo on CPI's plans for a membership program, diversified revenue strategy, and more  —  “I'm not worried about the journalism.  But if you don't have the business and technical infrastructure to support the journalism, then it's just not going to thrive."
Kayleigh Barber / Digiday:
Reader's Digest parent company Trusted Media Brands acquires Jukin Media, which buys and licenses user-generated videos, to help build out its video business  —  Trusted Media Brands the publisher of Taste of Home, Reader's Digest and Family Handyman, today announced it has acquired Jukin Media …
Joseph Cox / VICE:
Google bans location data company SafeGraph, which collects Android app data that NYT used last year to show where people spent their time after lockdowns  —  SafeGraph sells smartphone location data to essentially anyone.  Google banned the company in June.  —  Joseph Cox
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 More News: 
Alex Sherman / CNBC:
Verizon is providing one year of AMC+ for free to certain new and existing subscribers through February 10; it already offers Disney+ and Discovery+
Discussion: The Streamable
Natasha Ishak / Nieman Lab:
A look at the Twitter account Writers of Color, started by a group of journalists to politely shame publications about pay transparency
 Earlier Picks: 
Vanessa Gera / Associated Press:
Poland's parliament passes a bill that could force Discovery, owner of Poland's TVN network, to sell its holdings, in a move viewed as a blow to media freedom
Max Willens / Digiday:
Medium says its Partner Program has 200,000+ enrollees as it launches a referral program that will give participants a ~50% cut of new subscriber revenue
Jacob Silverman / @silvermanjacob:
NYT tech workers planned a half-day job walkout Wednesday to demand a fair union election after what they call “union-busting tactics” by NYT management