Top News:
Gabriel Sherman / New York Magazine:
Sources: following initial findings from sexual harassment investigation, Lachlan, James, and Rupert Murdoch have agreed to remove Roger Ailes, disagree on when — Roger Ailes's tenure as the head of Fox News may be coming to an end. Rupert Murdoch and sons Lachlan and James …
Discussion:
CNNMoney, @gabrielsherman, New York Times, Deadline, Mediaite, WWD, Mediaite, Forbes, Newser, Broadcasting & Cable, Variety, Los Angeles Times, Mother Jones, Business Insider, The Huffington Post, Guardian, Media Matters for America, Fortune, FishbowlNY, Politico, Reuters, Washington Post, Bloomberg, Gawker, @beer__wolf, CNBC, USA Today, @kairyssdal, @noahshachtman, @mathewi, @juliaioffe, @stoptrumppac, @bluechoochoo, @oldmanweldon, @afneil, @justinjm1, @jackmirkinson, The Week, Inside Cable News, @jamilsmith, FTVLive, Recode, @jayrosen_nyu, @samsteinhp, @alexweprin, @cherijacobus, @brianstelter, @brianstelter, @jeffjarvis, Talking Points Memo, Boing Boing, @soledadobrien, @johnmcquaid, Variety, The Wrap, LawNewz and smays.com
Harrison Weber / VentureBeat:
Netflix Q2: international net subscribers 1.5M versus its forecast of 2M, misses on quarterly revenue with $2.11B; stock down 15%+ — Netflix now has 83.18 million subscribers after adding just 160,000 subscribers in the U.S. and 1.52 million abroad last quarter, missing the modest expectations it set back in April.
Discussion:
Netflix Media Center, Fast Company, VentureBeat, Recode, @shalini, The Wrap, Fast Company, Guardian, Ad Age, Business Insider, CNBC, TechCrunch, Wall Street Journal, Business Insider, Bloomberg, CNET, @pkafka, @pkafka, Variety, Hollywood Reporter, Reuters, @businessinsider, @recode, @verge, The Verge, files.shareholder.com and Fortune
Luke Mullins / Washingtonian:
Inside the conflict that led to the departures of CEO Jim VandeHei, COO Kim Kingsley, and others at Politico this year — It was early evening in Politico's newsroom, four days before the Iowa caucuses. — Reporters were working sources and checking TV screens as a presidential debate was about to get under way.
Benjamin Mullin / Poynter:
BuzzBot, an automated bot for FB Messenger from BuzzFeed, will gather and distribute news on the RNC by interacting with attendees, requesting photos, videos — Amanda Hickman was living in New York City in 2004 when the Republican National Convention got ugly.
Discussion:
VentureBeat, Thoughts On Journalism, @sunny_hundal, Vanity Fair and The Wrap
Adweek:
Private equity firm Beringer Capital acquires Adweek and its nine blogs, including TVNewser and FishbowlNY; terms not disclosed — Beringer Capital, a private equity firm that invests in digital media and marketing services, has reached an agreement with Mediabistro Holdings to acquire Adweek.
Discussion:
@rafat, PR Newswire, Radio & Television …, TechCrunch, FishbowlNY, @michaelburgi and @martyswant
Brooke Fox / Bloomberg:
SB Nation expands into radio, partners with Gow Media LLC for distribution; SB Nation Radio will be available on website, 500 terrestrial and satellite stations — Vox online sports brand to develop podcasts, talk-style shows — Gow's Yahoo Sports Radio to be renamed as part of arrangement
Discussion:
Nieman Lab, @brookefox91, @danrubenstein and @voxmediainc
Todd Spangler / Variety:
ABC News partners with Facebook to live-stream its RNC and DNC convention coverage; Facebook will share exclusive real-time data during major speeches — ABC News plans to deliver around-the-clock live coverage on Facebook for the 2016 Republican and Democratic national conventions under a partnership with the social giant.
Discussion:
TechCrunch, Mediaite, Engadget, The Huffington Post, The Verge, PCMag UK, Fortune, @poynter, FishbowlNY, WWD and @zeynep
Eamonn Forde / Guardian:
While music labels criticize YouTube, unknown artists see it as a great promotional tool — But with countless artists and enterprises using the site as a springboard to success, things aren't so simple — s artists, record labels, music publishers and managers line up to lobby the US Congress …
Discussion:
Advertising & Branding, Fortune, @rynobi and @miles_dave
Maryann Yin / GalleyCat:
Petition asking Donald Trump and Hillary Clinton to create open environment for journalists at the RNC, DNC, gets 20K signatures — The 2016 presumptive presidential candidates of the Democratic and Republican parties have been presented with a petition. This petition calls for Hillary Clinton …
Discussion:
Media Matters for America, Variety, Broadcasting & Cable, Ad Age, Forbes, Politico, Fortune, Mediaite and Guardian
Todd Spangler / Variety:
Yahoo Q2: $1.3B revenue, up 5% YoY, in line with expectations, $482M writedown on Tumblr; Mayer notes success in cutting costs as bid deadline hits — Internet company, in the midst of final talks to sell itself, takes impairment charges totaling $482 million for Tumblr
Discussion:
WWD, Forbes, The Wrap, Fast Company, TechCrunch, @vindugoel, Recode, Fortune and Recode
Jim Dalrymple / The Loop:
Apple addresses song matching and auto-deletion issues by incorporating iTunes Match's audio fingerprint feature into Apple Music — Apple begins rolling out iTunes Match with audio fingerprint to Apple Music subscribers — One of the biggest complaints about Apple Music over the past year …
Discussion:
Fast Company, Engadget, Daring Fireball, AppleInsider, Macworld, MacStories, MacRumors, iPhone Hacks and 9to5Mac
Ilya Khrennikov / Bloomberg:
Russia's Mail.ru, owner of piracy-plagued social network VKontakte, signs music licensing deal with Universal, after deals with Warner and Sony to settle suits — Social-media site operator settles Universal Music litigation — Its VKontakte site was labeled ‘notorious’ by U.S. government
Discussion:
TorrentFreak, Mail.Ru Group, 9to5Mac and RAIN News