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7:05 PM ET, August 5, 2014

Mediagazer

 Top News: 
Linette Lopez / Business Insider:
Fox Withdraws Proposal To Buy Time Warner — And Time Warner Shares Are Crashing  —  Fox has withdrawn its plans to purchase Time Warner, according to an announcement the company made Tuesday.  —  Time Warner shares are down 11% post-market on the news.  —  Reports of an original proposal …
RELATED:
Mike Shields / Wall Street Journal:
Digital Media Veteran Greg Coleman Jumps From Criteo to BuzzFeed President  —  BuzzFeed Inc. has brought on digital advertising veteran Greg Coleman as the company's new president.  —  Mr. Coleman replaces Jon Steinberg, who left BuzzFeed a few months ago to become Mail Online North America's CEO.
Ryan Grim / The Huffington Post:
A US spy agency stole a scoop from The Intercept and gave it to the AP  —  Spy Agency Stole Scoop From Media Outlet And Handed It To The AP  —  WASHINGTON — The Associated Press dropped a significant scoop on Tuesday afternoon, reporting that in the last several years the U.S. government's terrorism watch list has doubled.
Nicole Levy / Capital New York:
Time Inc. downtown move to ‘transform the cost base,’ but layoffs also likely  —  As an independent company since its spin-off from parent company Time Warner on June 6, Time Inc. has been thinking hard about cost-cutting measures and digital advertising.  —  The publisher reported …
Discussion: AdAge
RELATED:
Natalie Jarvey / Hollywood Reporter:
Maker Studios Snags AOL, Yahoo Execs for Original Content Division (Exclusive)  —  The Disney-owned digital media firm has hired Gabriel Lewis and Bonnie Pan to its programming division, led by chief content officer Erin McPherson.  —  Maker Studios is making a significant bet on original content with two big digital media hires.
RELATED:
Alexa Davis / Forbes:
After Breakup, Gannett's Print and Broadcast Assets May Be Ripe For The Picking  —  Gannett Tuesday became the latest media company to separate its publishing assets, which include USA Today, from broadcast and digital businesses.  The move is the latest in a string of similar actions …
RELATED:
Georg Szalai / Hollywood Reporter:
Gannett to Separate Broadcasting, Publishing Businesses Via Spin-Off
Emil Protalinski / The Next Web:
Justin.tv shuts down after 7 years amid reports Google is acquiring Twitch  —  Twitch today announced that the Justin.tv website, mobile apps, and APIs are no longer in service.  A very simple explanation is given for the shutdown: since rebranding the company to Twitch Interactive in February 2014 …
Nicole LaPorte / Fast Company:
Susan Wojcicki built Google into a $55B advertising giant.  Now she's running YouTube.  Her job: do it again.  —  Susan Wojcicki built Google into a $55 billion advertising giant.  Now she's running YouTube.  Her job: Do it again.  —  When Susan Wojcicki took over YouTube in February …
Discussion: Business Insider
Joe Pompeo / Capital New York:
Lauren Kern joins New York magazine as executive editor  —  Lauren Kern headed back to New York mag  —  Lauren Kern is leaving The New York Times Magazine and heading back to New York as executive editor.  —  She fills the vacancy created by the departure last month of longtime executive …
Todd Spangler / Variety:
Shazam Inks TV Ad Pacts with A+E, AMC, Dick Clark Productions and Others  —  Shazam Entertainment, whose app is best known for ID'ing songs, is making an even stronger push into American TV.  —  The company has struck deals with partners including A+E Networks, AMC, Dick Clark Prods. and Fuse …
Frank Rose / Wired:
How the Smartphone Ushered In a Golden Age of Journalism  —  When I first  —  arrived in New York, some time back in the last century, I gazed in awe and fascination at subway riders reading The New York Times.  Thanks to a precise and universally adopted method of folding the paper …
Roy Greenslade / Guardian:
Russian journalist's body found after disappearance  —  The body of an independent Russian journalist was found in a wood the day after he had gone missing following threats from law enforcement authorities.  —  Timur Kuashev worked for the magazine Dosh (or Dosch) as its correspondent in Nalchik …
Benjamin Mullin / Poynter:
NATO soldier fires ‘warning shot’ near AP photographer  —  A member of NATO forces fired a warning shot near an Associated Press photographer outside of a military training academy on the outskirts of Kabul, according to the New York Times.  —  Massoud Hossaini was there to cover a story …
Discussion: New York Times, Gawker and Mashable
 
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 More News: 
Robert Channick / Chicago Tribune:
Day after trading debut, Tribune Co. spin-off stock drops 2.5%
Mathew Ingram / Gigaom:
Washington Post has record traffic month after adding digital staff — is it the Bezos effect?
Discussion: Washington Post
Michael Calderone / The Huffington Post:
New York Times Reporter Addresses Israeli Censorship On Soldier Story
Discussion: New York Times and Mediaite
Dylan Baker / Tech City News:
Media giant Bauer launches €100m digital business fund
 Earlier Picks: 
Ben Blanchard / Reuters:
China releases investigative journalist after almost year in jail
Discussion: China Digital Times
Norman Solomon / Columbia Journalism Review:
Journalism groups rally around a petition supporting James Risen
Gilad Lotan / Global Voices:
Analysis: Facebook, Instagram and Twitter serve as siloed propaganda engines for Gaza news
Marc Graser / Variety:
Legendary Buys Felicia Day's Geek & Sundry
Reid Cherlin / Rolling Stone:
Former Obama spokesman explains the toxic relationship between media and the White House
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T

Dan Primack / Axios:
Jeff Bezos' Prometheus, which is building AI models for physical tasks, raised a $12B Series B at a $41B valuation, following a $6.2B Series A

Zaheer Kachwala / Reuters:
Adobe reports Q2 revenue up 13% YoY to $6.62B, vs. $6.46B est., and raises its annual forecasts; CFO Dan Durn is leaving for Marvell; ADBE drops 5%+ after hours

 
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