Top News:
Associated Press:
Donald Trump seeks $10M in damages from former campaign staffer Sam Nunberg for violating nondisclosure agreement by leaking information to New York Post — WASHINGTON (AP) — In a highly unusual campaign dispute, Donald Trump is seeking $10 million in damages from his former political …
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Media Matters for America, BuzzFeed, Associated Press, Press Gazette, Page Six, Talking Points Memo, The Daily Caller, The Daily Beast, NEWS.com.au, US News, The Hill, The Independent, Daily Mail, Bloomberg, CNN, NBC News, Raw Story, USA Today, MSNBC, The Huffington Post, Vanity Fair, Politico, Mother Jones, The Huffington Post, RedState, Vanity Fair, Gawker, New York Magazine and The Week
Sydney Ember / New York Times:
Alan Murray, editor of Fortune, joins Time Inc. as chief content officer, replacing Norman Pearlstine who is staying on as vice chairman — Alan Murray, the editor of Fortune, will succeed Norman Pearlstine as Time Inc.'s chief content officer, part of a broad reorganization of the company …
Discussion:
Vanity Fair, New York Post, New York Times, Fortune, CNNMoney, @nytimesbusiness, FishbowlNY, Media Wire Daily, WWD, FishbowlNY, @matthewheimer, Politico, @leenarao, Poynter, @wfederman, @jeremymbarr, @johnnerkell, @djbentley and @antderosa
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Jeffrey A. Trachtenberg / Wall Street Journal:
Time Inc. reshuffling elevates Rich Battista to president of all US brands, centralizes ad efforts, and creates dedicated digital ad sales team — Media veteran Rich Battista tapped as president of U.S. brands — Time Inc. Chief Executive Joe Ripp has reorganized the country's biggest …
Discussion:
Adweek, Variety, New York Post, Ad Age and Deadline
Gerry Smith / Bloomberg:
News Corp in talks with Facebook about expanding relationship but remains wary of Facebook Live, Instant Articles, preferring total control over audience data — News Corp. said in talks with Facebook though nothing imminent — ‘Panic and pandering’ isn't a strategy: News Corp. executive
Discussion:
FishbowlNY, @tomgara, NewsWhip, @gerryfsmith, @glynmoody and @carlquintanilla
Maureen Morrison / Ad Age:
BitTorrent to launch live-streamed TV news network on July 18 at the Republican National Convention as part of broader effort to become a video content company — Last week, BitTorrent, the peer-to-peer file-sharing program announced it was hiring a news director, former CNN …
CNN:
Sources: Fox News host Sean Hannity provided private jet to fly vice president finalist Newt Gingrich to meet with Trump — (CNN)Newt Gingrich, a finalist on Donald Trump's vice presidential shortlist, flew to Indianapolis to meet with Trump on a private jet provided by Fox News host Sean Hannity …
Farhad Manjoo / New York Times:
With the police shootings and subsequent violence in Dallas last week, livestreaming had its Gulf War moment, emerging as a viable alternative to cable — Cable news has functioned as the harrowing background soundtrack to much of 2015 and 2016. In covering terrorist attacks …
Discussion:
The Huffington Post, @ninabernstein1, Stratechery, @jonsteinberg, FierceOnlineVideo News, Recode, @fmanjoo and @corybe
Janko Roettgers / Variety:
Virtual And Augmented Reality Investments Up to $2 Billion Over Last 12 Months — Augmented and virtual reality startups are continuing to attract big bucks from investors. Collectively, augmented reality (AR) and virtual reality (VR) companies have closed funding rounds totaling $2 billion …
Discussion:
Digi-Capital and Fast Company
Hadas Gold / Politico:
Luke Russert, son of late Meet the Press moderator Tim Russert, leaves NBC News to take time away from political reporting and focus on other interests — Luke Russert is leaving NBC News this week, the network announced on Wednesday. — Russert, son of the late “Meet the Press” …
Discussion:
CNNMoney, @brianstelter, Washington Post, The Week, @pwgavin, TVNewser, @richardlui, @jakesherman, @robertfeder, Buffalo News, The Hill, Mediaite and Associated Press
Wall Street Journal:
Sources: Tencent increases stake in China Music Corp from 16% to 60%, in deal valuing CMC at $2.7B — Internet giant to increase stake to 60% from 16% — HONG KONG—Chinese internet giant Tencent Holdings Ltd. has agreed to acquire a controlling stake in China's leading music-streaming company …
Discussion:
The Drum, CHINAdaily, Reuters and Variety
Jasper Jackson / Guardian:
BBC News channel and World News face 10% cuts after merger is ruled out — Corporation to make significant cutbacks after deciding not to replace UK and international services with a single channel — The BBC News channel and the World News service face 10% cost cuts after the corporation decided against merging the two operations.
Discussion:
BBC, BBC, RadioTimes and Broadband TV News
Wall Street Journal:
Sources: Viacom in talks to sell 49% of Paramount to China's Wanda Group, wants deal that values Paramount at $8B-$10B, is also in talks with undisclosed suitor — Hurdles remain before any deal with Dalian Wanda Group gets completed — Viacom Inc. is in talks to sell a 49% stake …
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