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:
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Brian Steinberg / Variety:
If Roger Ailes is ousted, Rupert Murdoch will face great difficulty trying to replace him; firing him may lead to presenters like O'Reilly leaving the network — Rupert Murdoch has over the years grappled with many formidable challenges at his companies, like the decline of “American Idol” …
Maggie Haberman / New York Times:
Journalist Jarrett Hill spots similarities in Melania Trump's convention speech to Michelle Obama's 2008 convention address — CLEVELAND — Melania Trump earned praise for her speech Monday night at the opening night of the Republican National Committee, but her remarks almost immediately came under scrutiny …
Discussion:
@jarretthill, CNN, @mikehearn, Gawker, Mediaite, New York Daily News, The Huffington Post, Politico, Fortune, @realdonaldtrump, The Frisky, The Week, Guardian, Boing Boing, @nydailynews, @coreyrobin, Hot Air, TIME, @mikiebarb, @unclekage, @markleibovich, WGN-TV, WREG-TV, CBS New York, @bubbaprog, CNET, @costareports, @tromano, Washington Post, Variety, @buzzfeedben, Politico, Quartz, Hit & Run, KTLA, @jodyrosen, @frankbruni, @joshgreenman, @petersterne, @laurakeeney, @marcambinder, @sopandeb, @rmmilner, Guardian, The Express Tribune, The Wrap, Roll Call, Hollywood Reporter, @zohreen, The Federalist, USA Today, New York Magazine, @costareports, @ron_fournier, @gawker, Fast Company, Slate, ThinkProgress and Mother Jones
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:
Forbes, Netflix Media Center, VentureBeat, Recode, TechCrunch, Fast Company, The Wrap, CNBC, Forbes, @shalini, Business Insider, Tech News Today, Tech Times, Bloomberg, Guardian, Ad Age, SiliconANGLE, SlashGear, /Film, Wall Street Journal, Broadcasting & Cable, Business Insider, @pkafka, @pkafka, CNET, Reuters, @businessinsider, @recode, @verge, The Verge, files.shareholder.com, Hollywood Reporter, Variety, TechCrunch and Fortune
Zeynep Tufekci / New York Times:
An open internet and independent journalists proved essential to everyone in Turkey during the recent coup attempt, including Erdogan — ANTALYA, Turkey — When I was stuck at the airport in this city in southern Turkey, on Friday night, I had many things to worry about.
Discussion:
@markmacgann, @mahirzeynalov, @jeffjohnroberts, @tomwatson, @maxstrasser, @digiphile, @zeynep, @clancynewyork and @davidakaye
Dominic Patten / Deadline:
Filing shows Viacom CEO Dauman and COO Dooley have reserved their right to resign and protect their severance package of about $83M and $63M respectively — Philippe Dauman is still fighting back against attacks on his position at Viacom from Sunmer Redstone and his camp.
Discussion:
Variety, Los Angeles Times, Hollywood Reporter, Bloomberg, Wall Street Journal, Reuters, CNBC and Broadcasting & Cable
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:
FishbowlNY, Fast Company, NetNewsCheck Latest, Forbes, Fortune, @vindugoel, SiliconANGLE, WWD, Recode, The Wrap, TechCrunch and Recode
Vindu Goel / New York Times:
As Yahoo puts itself up for sale, early employees known as “surfers” recall building the company's directory — SUNNYVALE, Calif. — Back in the mid-1990s, before Google even existed, the world's best guides to the internet sat in Silicon Valley cubicles, visiting websites and carefully categorizing them by hand.
Discussion:
Recode
Wall Street Journal:
Facebook is paying $2.2M to Vine, YouTube stars to create content for Facebook Live — The $2.2 million in payments are intended to ‘encourage experimentation’ on Facebook Live, says a company executive — Jon Paul Piques gained social-media fame posting bawdy six-second videos on Vine.
Discussion:
Engadget
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:
PR Newswire, TechCrunch, @rafat, FishbowlNY, Radio & Television …, @michaelburgi and @martyswant
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:
Thoughts On Journalism, VentureBeat, @sunny_hundal, Vanity Fair, Fast Company and The Wrap
Margaret Sullivan / Washington Post:
On 60 Minutes, Lesley Stahl should have called out Trump's lie about opposition to Iraq war; no journalist should let candidates lie to citizens — What if Lesley Stahl had stopped Donald Trump right in his tracks? — What if she had simply dug in her heels and refused to budge when Trump …
Discussion:
@jayrosen_nyu, @genepark, @fmanjoo and Hit & Run
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