Top News:
21st Century Fox:
Roger Ailes resigns as chairman and CEO of Fox News and Fox Business Network; Rupert Murdoch to be chairman and acting CEO of Fox News, Fox Business — Rupert Murdoch to Assume Role of Chairman and Acting CEO of Fox News Channel and Fox Business Network — 21st Century Fox today announced …
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Gabriel Sherman / New York Magazine:
In wake of Roger Ailes' departure from Fox News, Fox spokesperson Irena Briganti could also be forced out — As Roger Ailes battles the Murdochs over the terms of his exit from Fox News, he's doing so without a key weapon in his arsenal: Fox spokesperson Irena Briganti.
CNNMoney:
Rupert Murdoch and his sons pressured Roger Ailes to resign after allegations of sexual harassment; his $40M+ exit payout includes advising Rupert Murdoch — Fox News chief Roger Ailes is leaving the network following sexual harassment allegations, 21st Century Fox confirmed Thursday.
Discussion:
CNNMoney, Washington Post, Associated Press, KTLA, @brianstelter, @davidfolkenflik, Media Matters for America and The Week
James Poniewozik / New York Times:
Roger Ailes fused TV and politics, gaining power by exploiting the idea that news outlets were aligned against conservatives — American democracy is meant to be king-proof. Presidents win two terms, maximum. Supreme Court justices are one voice among nine (or, currently, eight), senators one in a hundred.
Discussion:
Washington Post, @mattgrossmann, @reedfrich, @brianros1, @stevesilberman and Gawker
Molly Redden / Guardian:
More than 20 women have accused Fox News host Roger Ailes of sexual harassment, say attorneys for Gretchen Carlson
More than 20 women have accused Fox News host Roger Ailes of sexual harassment, say attorneys for Gretchen Carlson
New York Times:
How the Ailes exit could affect personnel at Fox News, finances, efforts to attract a younger audience, and transition to digital platforms
How the Ailes exit could affect personnel at Fox News, finances, efforts to attract a younger audience, and transition to digital platforms
Discussion:
CNBC, The Frisky, CNBC and Washington Post
Felix Salmon / Fusion:
Ailes departure is good for the Murdochs because Ailes is not someone who could navigate a generational shift to a younger audience
Ailes departure is good for the Murdochs because Ailes is not someone who could navigate a generational shift to a younger audience
Discussion:
The Huffington Post, Recode, @soniasaraiya, The Wrap, Washington Post, Forbes, Ad Age, Inside Cable News, AOL, Talking Points Memo, FishbowlNY, @anthony, @reformedbroker, @mathewi, CNNMoney, New York Times, Fortune and @ritholtz
Wall Street Journal:
Sources: Liberty Media CEO Greg Maffei, whose company controls Sirius XM, floated an offer to buy Pandora for $3.4B+ but was rejected by Pandora's board — Pandora's board rejected bid, wanted better offer, sources say — Liberty Media Corp. Chief Executive Greg Maffei …
Discussion:
Forbes, SiliconANGLE, Bloomberg, Fortune, TechCrunch, RAIN News and Variety
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Lucas Shaw / Bloomberg:
Pandora misses targets for Q2 with revenue of $343M, up 20% YoY but lower than projections of $351.7M; active listeners fall to 78.1M from 79.4M a year ago
Pandora misses targets for Q2 with revenue of $343M, up 20% YoY but lower than projections of $351.7M; active listeners fall to 78.1M from 79.4M a year ago
Discussion:
TechCrunch, Business Wire, Wall Street Journal, Radio & Television …, Variety, Mashable, @pkafka, Business Insider, @jank0 and Reuters
Peter Kafka / Recode:
Nick Denton: Gawker Media has small operating profit in first half of 2016, with revenue up 7-8% YoY; e-commerce links lifted revenue — And yes, Denton will watch Peter Thiel speak tonight. — Peter Thiel and Hulk Hogan won and Nick Denton lost, so Denton has to sell off Gawker Media via a bankruptcy auction next month.
TechCrunch:
Sources say Reddit's efforts to remake itself are faltering under CEO Steve Huffman and founder Alexis Ohanian's leadership as more key employees depart — It's been one year since Reddit revolted. When the company cracked down on revenge porn and subreddits containing offensive content last summer …
Discussion:
@ctatplay, @geoffwking, @diki24, @thomasaboyt, @joelandren, @evanplus and @kateconger
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Tom Spring / Threatpost:
EFF sues US over Digital Millennium Copyright Act clause that restricts tinkering with systems that protect copyrighted materials like films, audio, and code — The Electronic Frontier Foundation filed a lawsuit Thursday against the U.S. Government over a provision within …
Jessica Toonkel / Reuters:
Memo: Al Jazeera to re-launch English-language digital streaming service in US in September — Al Jazeera Media Network is preparing to make its English language international news channel video content digitally available to U.S. viewers again, according to a July 21 email sent to employees obtained by Reuters.
Kurt Wagner / Recode:
Twitter loses its VP of North American media partnerships, Kirstine Stewart — Twitter's media team has gone through some changes in 2016. — Twitter's media team is losing another executive: Kirstine Stewart, the VP of media for Twitter's North American media partnerships.
Janko Roettgers / Variety:
Redbox confirms it is testing Redbox Digital video streaming service — Redbox is officially venturing back into streaming — on a trial basis, anyway. A Redbox spokesperson told Variety Thursday that the company has started to test its new streaming service, dubbed Redbox Digital, with some customers.
Josh Gerstein / Politico:
Appeals court rejects Matthew Keys' plea to remain free while he appeals his convictions — A federal appeals court has denied a last-ditch reprieve for a journalist sentenced to two years in prison after being convicted in a hacking case. — The 9th Circuit Court of Appeals issued …
Discussion:
@matthewkeyslive, @markjkings and @matthewkeyslive