Top News:


Source: former UK Chancellor Nadhim Zahawi approached billionaire backers like the Reuben family to prepare a £600M bid for The Daily Telegraph and Spectator — Nadhim Zahawi, who stepped down as an MP at the recent general election, has approached prospective billionaire backers including …
Discussion:
The Guardian, The Independent, Reuters, @evandxle and @markkleinmansky


The EU tells Meta its “pay or consent” model for Facebook and Instagram may violate consumer protection laws, giving Meta until September 1 to propose changes — The European Union says it has notified Meta that its “pay or consent” model for Facebook and Instagram might violate consumer protection laws.
Discussion:
European Commission and Silicon Republic, more at Techmeme »


Free London paper City AM says Christian May will return as EIC after four years away, and signs a deal to provide business and financial news to Reach titles — City AM will provide business and financial news for many of Reach's biggest newspaper titles including the Daily Express.


A Florida judge refuses to dismiss Donald Trump's libel lawsuit against the Pulitzer Board over its 2022 statement reaffirming awards for Russiagate coverage — Donald Trump sued the Pulitzer Prize Board over its 2022 statement reaffirming its decision to award a prize for coverage of the 2016 Trump campaign's ties to Russia.
Discussion:
@jeffjarvis and Politico


A profile of John Paul Vranesevich, the owner and only full-time reporter for the Beaver Countian who beat the national media on a Donald Trump shooting scoop — The owner of the Beaver Countian is the western Pennsylvania news site's only full-time reporter.
Discussion:
@seungminkim, @weldpond, @cdarwin@c.im, @jackiegardina … and TVNewsCheck


WPP-owned ad agency Ogilvy unveils Influence Shield, a new service that aims to help clients deal with reputational issues arising from social media influencers — WPP-owned advertising agency claims new product will prevent reputational damage — Ogilvy, the WPP-owned advertising agency …
Discussion:
El País


Sources: Apple's Eddy Cue has pushed TV+ studio chiefs to exert more control over budgets, hoping to change Apple's reputation as the biggest spender in town — The iPhone maker is starting to exert more control over its production partners — Netflix extended its lead over fellow streaming services …
Discussion:
Business Insider, The Streamable, The Verge, @lucas_shaw, @carnage4life, BGR, @lucas_shaw, @lucas_shaw and 9to5Mac, more at Techmeme »


Google has quietly renewed deals with Australian outlets, sources say as year-long deals, worth tens of millions of dollars under the News Media Bargaining Code — Google has been quietly renewing deals worth tens of millions of dollars with Australian publishers under the News Media Bargaining Code …
Discussion:
Mumbrella


A look at China Fact Check, an independent group of volunteer fact checkers of international news reports for Chinese audiences operating exclusively via WeChat — False information is especially widespread in China due to government censorship, the country's pervasive Great Firewall …


A Russian court sentences Russian-American RFE/RL journalist Alsu Kurmasheva to six and a half years in prison for spreading “false info” about Russian army — Alsu Kurmasheva, an editor at Radio Free Europe/Radio Liberty, was convicted for six and a half years in a secret trial, a court spokesperson said.
Discussion:
The Guardian, Voice of America, Reuters, BBC, CNN, @bentavener, @reidstan, @rebecca_vincent, @janlipavsky, @samagreene, @pressgazette, @bbcstever, European Federation …, @hadas_gold and CBS News


Reddit COO Jen Wong says the company has revenue sharing deals with the NFL, NBA, MLB, and others to get video and other content, hoping to draw advertisers — Reddit, known for its chat forums on everything from Proust to Wall Street stocks, is going big on sports.
Discussion:
Reuters, Quartz, The Verge, @amir and Cord Cutters News, more at Techmeme »


Australian Financial Review Editor-in-Chief Michael Stutchbury plans to step down after 13 years, as AFR owner Nine Entertainment cuts 200 jobs to save $30M — Publication's longest-serving editor calls time amid unrest at Nine Entertainment over job cuts and and latest pay offer
Discussion:
Sydney Morning Herald and Mumbrella


Hunter Biden drops his lawsuit against Fox News over its “mock trial” miniseries about his overseas financial dealings, after filing it last month — Hunter Biden on Sunday abruptly dropped a lawsuit he filed last month against Fox News over the network's fictionalized miniseries …
Discussion:
The Hill, Washington Examiner, Associated Press, Deadline, Axios, Variety, Reuters, The Hollywood Reporter, HuffPost and TVNewsCheck