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3:25 PM ET, July 7, 2015


 Top News: 
Jasper Jackson / Guardian:
Cuts to the BBC would threaten the whole TV industry, says Pact chair  —  Expected cuts including £650m cost of free licence fees for over 75s being taken on by corporation would harm quality, claims Laura Mansfield  —  Cuts to the BBC would threaten the rest of the TV ecosystem …
Discussion: allmediascotland
Joe Pompeo / Capital New York:
Video chief Rebecca Howard to leave New York Times  —  Rebecca Howard, general manager of video at The New York Times, is set to leave the company later this month after less than two-and-a-half years on the job, sources familiar with the matter told Capital.
Tom McGeveran / Capital New York:
Bruce Headlam, New York Times' managing editor for video, moving to another senior newsroom role  —  Bruce Headlam out, too, in Times video shake-up  —  In a restrucuring of The New York Times' video operations, Bruce Headlam, managing editor for video, will leave that role for another …
Sarah Perez / TechCrunch:
Netflix Moves Into Original Feature Films, Starting This October  —  Netflix is ready to become a home for feature films, giving the industry a new outlet for movie production in an era of declining ticket sales - a trend that has led to a large influx of what studios' believe will be sure-fire hits, like remakes and sequels.
Leo Barraclough / Variety:
German Media Titans ProSiebenSat.1, Axel Springer in $16 Billion Merger Talks  —  German broadcast group ProSiebenSat.1 and publishing giant Axel Springer are in merger talks that could lead to the creation of a business worth around Euros 14.4 billion ($15.9 billion).
Hollywood Reporter:
Ex-New York Times TV reporter Bill Carter to launch weekly interview show on SiriusXM  —  Bill Carter to Launch SiriusXM Interview Show  —  Bill Carter will launch a weekly interview program on SiriusXM.  Launching later this summer, The Bill Carter Interview will be broadcast Mondays …
Sarah Perez / TechCrunch:
Whipclip Raises Over $40 Million For Its TV Show And Music Video Clipping App  —  Whipclip, the makers of a mobile application that lets you quickly - and legally - share clips from favorite TV shows and music videos, has closed on $40 million-plus in Series C financing, the company is announcing today.
Discussion: Los Angeles Times, Variety and Re/code
Laura Hazard Owen / Nieman Lab:
Scratch Magazine cofounder Manjula Martin on the lessons learned as the 1K member site shutters: not everything can be monetized, not everything will scale  —  Scratch Magazine was profitable, but it's still shutting down — here's what its founder learned  —  Scratch Magazine …
Emma Bazilian / Adweek:
Time Inc.'s Digital Innovation Group Is Launching Its Next Big Vertical, ‘The Drive’  —  Time Inc. is betting big on digital-only brands.  After launching home site The Snug and beauty site Mimi earlier this year, the company is set to unveil another brand new digital vertical, The Drive, this fall.
Jacob Kastrenakes / The Verge:
Showtime officially launches streaming service for the web, Apple TV, iOS, Roku, and Playstation Vue, does not require a cable subscription  —  You can now subscribe to Showtime online  —  Showtime is now offering an online subscription, allowing customers to watch its shows and movies without also getting cable.
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 More News: 
Jon Russell / TechCrunch:
Dmgi, The Daily Mail's VC Arm, Invests $5M In Indian Property Analytics Firm Liases Foras
Stuart Dredge / Guardian:
YouTube up to 240bn monthly video views, with top 100 MCNs worth $10bn
Discussion: @ampereanalysis and Engadget
Kurt Wagner / Re/code:
Facebook and YouTube both offer 55/45 revenue split to content creators, but YouTube splits revenue with one creator, Facebook with many
Discussion: Ad Age
Roger Yu / USA Today:
Newseum study: just 24% of Americans believe the news media tries to report on news without bias
Discussion: @usatodayhealth
 Earlier Picks: 
Janko Roettgers / Variety:
Comedy Central Channel Launches on Roku
Matt Wilstein / Mediaite:
Sarah Palin Abandons Subscription-Based Online Video Channel
Discussion: Variety
Madeline Welsh / Nieman Lab:
The New York Times is publishing on WhatsApp for the first time, covering Pope Francis
Discussion: @giner and
Lisa O'Carroll / Guardian:
UK high court weighs whether GQ piece by Michael Wolff created substantial risk that News of the World phone-hacking trial would be seriously impeded
Gerry Smith / Bloomberg Business:
U.S. Women's World Cup Finale on Fox Sets Soccer Ratings Record
Ellen Pao / Redddit:
Ellen Pao apologizes again, announces new role of Moderator Advocate to be moderators' contact with Reddit, pledges improvements to mod tools