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Your Media Morning: Where is The Apple News Revenue? / Wenner Media Facing Strongest Headwinds in its History / Woven Digital Lays off Staff

GOOGLE PUTS MOBILE SEARCH OVER DESKTOP WITH SEARCH INDEX SPLIT
Google is splitting its index of search results into separate versions for mobile and desktop, a change which will happen in the coming months. The split will see Google’s index broken into a rapidly updated mobile version, and a desktop version which will not be updated as frequently.

WHO IS FORMER BUZZFEED WUNDERKIND ANDREW KACZYNSKI AND HOW DID HE END UP AT THE CABLE NEWS GIANT CNN?
In the conversation, Mr. Miller said CNN could use someone like Mr. Kaczynski, especially given how difficult it was to fact-check the loose-lipped Republican nominee. “LOL,” Mr. Kaczynski replied. But the notion wasn’t so laughable after all. A month before the election, CNN hired Mr. Kaczynski and three of his colleagues

WOVEN DIGITAL LAYS OFF ALMOST TWO DOZEN FOLLOWING 8 PERCENT DECLINE IN TRAFFIC
Woven Digital, which publishes millennial-focused brands such as BroBible and Uproxx, recently laid off just under 20 employees, according to multiple people with knowledge of the California-based company. Most of those affected worked for HitFix, an entertainment news site acquired by Woven in April.

FACEBOOK'S OCULUS GRABS IRISH STARTUP INFINILED |  SIGN UP FOR VR WIRE»
Facebook-owned virtual reality (VR) firm Oculus has acquired InfiniLED, an Irish startup specializing in low-power LED displays. Founded in 2010, InfiniLED was spun out from the Tyndall National Institute, a research hub specializing in photonics and micro/nanoelectronics that’s aligned with University College Cork.

JAMES MURDOCH'S SKY EDGE
Half of Sky’s outside investors oppose the appointment of James Murdoch as chairman of the British pay-TV broadcaster. That’s because Murdoch blatantly fails the independence test required of chairs of U.K. companies. He’s also CEO of 21st Century Fox, the U.S. movie and TV business which owns 39 percent of Sky and may one day want to bid for the rest.

VOX IS SUPPLEMENTING EXPLAINER PIECES WITH PERSONAL ESSAYS
The idea for the First Person section came in mid-2014, when Vox ran an essay by Katie Morrison headlined “9 things I wish people understood about anxiety.” The story, which started as a short post that Morrison wrote on Tumblr, was a runaway hit on Vox, both on the initial day that it was published and in the days and weeks afterwards.

NETFLIX EXPECTED TO REPORT Q3 REVENUE OF $2.28 BILLION TODAY
Though Netflix remains dominant in the streaming space, ad-supported streaming platforms such as Sony's Crackle and YipTV have been gaining in subscribers, said Tru Optik CEO Andre Swanston. Tru Optik analyzes streaming media consumption patterns for professionally produced content.

NBC IN DAMAGE CONTROL OVER TRUMP TAPE
NBC is in damage control regarding its handling of an 11-year-old recording of on-air personality  Billy Bush and Republican presidential candidate Donald Trump talking in crude and misogynistic terms about women. Bush’s exit is being negotiated as a result of an NBC News review into the matter that determined he should have been more forthcoming about the existence of the recording.

AT&T IS LOOKING FOR SOMETHING BIG TO BUY IN THE MUSIC BUSINESS
AT&T Entertainment CEO John Stankey’s phone is ringing off the hook. The telecom giant is said to be in big-time acquisition mode and is focusing its efforts on the music business. The company is working on a plan to get much bigger — whether that means signing more artist partnerships or buying a major music label or perhaps even considering a run at radio giant iHeart is anyone’s guess.

TEENAGERS PREFFER YOUTUBE OVER CABLE TV
For the first time, teenagers are spend more time watching videos on YouTube than Cable TV. This is according to the findings of a survey commissioned by investment bank Piper Jafray. The survey looked at the viewing habits of 10,000 teens. It found that while 26 percent watch YouTube daily, only 25 percent watch cable TV. This is the first time ever YouTube has overtaken broadcast television in this survey.

COMCAST BOSS SAYS ARTIFICIAL INTELLIGENCE IS THE NEXT BIG THING
Comcast CEO Brian Roberts said that he believes one of the biggest business trends will be “artificial intelligence,” in which computers do tasks once done by people, leading to smart cities and smart cars. He didn’t say how he thought artificial intelligence could transform Comcast, but he noted that “there’s always a dark side to that kind of change.”

DISNEY BUDDIES UP WITH DOLE FOOD ON HEALTHY FOOD FOR KIDS
Disney and Dole Food are partnering to launch a new co-branded assortment of fresh produce aimed at encouraging healthy eating for kids. The produce line will feature iconic Disney, Pixar, Star Wars and Marvel characters and will debut at grocery and retail stores nationwide this fall.

FATHER AND SON TEAM JANN AND GUS WENNER PREPARE TO LEAD THE FAMILY BUSINESS WENNER MEDIA THROUGH MORE DIFFICULT TIMES
Together they are trying to steer the business, Wenner Media, through perhaps the strongest headwinds in its history, as the market for print magazines erodes, the company works to pay off debt and an $8 million defamation trial opens on Monday in a federal court in Virginia — the first of two lawsuits that Rolling Stone faces over a discredited 2014 article about an alleged gang rape at the University of Virginia.

HEARST'S CAR AND DRIVER BUDDIES UP WITH TRUECAR INC TO LAUNCH NEW CAR BUYING SERVICE
Auto pricing and information website TrueCar Inc. has partnered with Hearst Autos and its automotive website, CarandDriver.com, to launch a new car buying service. The service will provide consumers with Car and Driver’s automotive research, reviews, road tests and other information, along with access to TrueCar’s new vehicle pricing information and nationwide network of 12,000 certified dealers.

TRONC INVESTORS HAVE LITTLE CONFIDENCE IN COMPANY CHAIRMAN MICHAEL FERRO'S PROMISES
For months, Tronc chief Michael Ferro has resisted a buyout overture from Gannett, contending he can find the path to profits in the shrinking media business without the USA Today publisher’s help. But for Tronc investors weighing his promises against Gannett’s hostile bid, his track record gives little reason for confidence. Ferro led that company to few if any profitable endeavors.

AMERICAN MEDIA INC'S NATIONAL ENQUIRER BACKS TRUMP |  SIGN UP FOR MEDIA OF POLITICS»
Donald Trump has a funny way of turning newspapers blue. Even publications that have historically, or perhaps even always, endorsed a Republican candidate for president are picking Hillary Clinton over the GOP nominee this election cycle. In Trump’s defense, he doesn’t have zero endorsements: He gets to boast of being supported by the very paper that found Elvis’ seven secret love children.


-Good Morning
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Your Media Morning: Where is The Apple News Revenue? / Wenner Media Facing Strongest Headwinds in its History / Woven Digital Lays off Staff Reviewed by Editor on 7:00 AM Rating: 5
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