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 …
Discussion:
BuzzFeed, Media Matters for America, Press Gazette, Associated Press, Page Six, Talking Points Memo, The Daily Beast, The Daily Caller, NEWS.com.au, US News, The Hill, The Independent, Daily Mail, Bloomberg, CNN, The Huffington Post, USA Today, MSNBC, NBC News, Vanity Fair, Raw Story, The Huffington Post, RedState, Politico, Vanity Fair, Gawker, Mother Jones, New York Magazine and The Week
Sarah Perez / TechCrunch:
Twitter signs a live-streaming deal to bring Pac-12 university sports to its service — Twitter's quest to become a live-streaming service continues this morning with another announcement of a new partnership that will bring live events to its social network.
Discussion:
Pac-12, Bleacher Report, Denver Post, Los Angeles Times, @pac12network, @ko_crowley, @lucas_shaw, Sporting News and Campus Sports Net
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 …
Ben Dowell / RadioTimes:
Karen Bradley is new culture secretary as John Whittingdale is sacked — Minister for Security and MP for Staffordshire Moorlands takes over the department — Security Minister Karen Bradley has been appointed the new Secretary of State for Culture, Media and Sport, following the sacking …
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
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:
Sky News proposes ending its business bulletins in cost-cutting effort, will incorporate business news into schedule and online — Broadcaster says it will continue to provide ‘comprehensive coverage online’ — Sky News is looking to scrap its business bulletins, putting six jobs at risk.
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 …
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 …
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, Broadband TV News and RadioTimes
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:
New York Post, Ad Age, Adweek, Variety and Deadline
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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, editor of Fortune, joins Time Inc. as chief content officer, replacing Norman Pearlstine who is staying on as vice chairman
Discussion:
Vanity Fair, New York Post, New York Times, Fortune, CNNMoney, @nytimesbusiness, Media Wire Daily, FishbowlNY, WWD, @matthewheimer and @leenarao
Sydney Morning Herald:
How China extends its control over almost all Chinese language media in Australia using a “carrot and stick” approach — Chinese-Australians call on government to see things their way — Local Chinese-Australian action committees have called on the Australian government …
Discussion:
@cpjasia, @bernicefinl19, @andrewserickson, @makevangreat, @nakedfella, @danilic and @gerryshih
Chance Miller / 9to5Mac:
Apple puts out open casting call for app creators for reality show “Planet of the Apps”, sheds more light on the series — Earlier this year it was announced that Apple was planning to launch its first original TV series about the “app economy.”
Discussion:
Hollywood Reporter, Forbes, PCMag UK, Variety, Ryan Hoover, Daily Mail, The New York Observer, Quartz, The Next Web, Consumerist, Fortune, New York Magazine, Business Insider, Gizmodo, TechnoBuffalo, VentureBeat, Guardian, Polygon, C21Media, Engadget, The Verge, @bzamayo, MacStories and AppleInsider