Mediagazer: Sources: Reddit shakes up management, with possible departures of editorial director and VP of marketing, among others (Noah Kulwin/Recode)

4:35 AM ET, July 22, 2016

Top News:

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 …

Discussion: Drudge Report, New York Times, The Wrap, Politico, NPR, Variety, New York Daily News, Mediaite, Mother Jones, Guardian, Adweek, The Wrap, Fox News, The Wrap, Poynter, @braddjaffy, Mediaite, Quartz, Hollywood Reporter, @gabrielsherman, The Daily Beast, Crikey, Talking Points Memo, Ad Age, Washington Post, The Week, Mediaite, Business Insider, Wall Street Journal, Talking New Media, Hit & Run, @npr, Recode, NY1 News, Broadcasting & Cable, @chrisariens, Media Wire Daily, Media Matters for America, The Huffington Post, NPR, Inside Cable News, @yousefmunayyer, @kelseymsutton, The Daily Caller, @hadas_gold, @davidfolkenflik, @dylanbyers, @petersterne, @kelseymsutton, TVNewser, @davidfolkenflik, @grynbaum, @hadas_gold, @hadas_gold, @blowryontv, New York Post, ABC News, Fortune, Daily Wire, Vanity Fair, Hot Air, Mashable, Reuters, Bloomberg, The Verge, Talking Points Memo, TechCrunch, Newser, ThinkProgress, Politico and CNBC

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, Associated Press, Washington Post, @sims, @brianstelter, KTLA, @davidfolkenflik, Media Matters for America and The Week

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.

James Poniewozik / New York Times:
Roger Ailes fused TV and politics, gaining power by exploiting the idea that news outlets were aligned against conservatives

Discussion: Washington Post, @nytimesbusiness, @mattgrossmann, @reedfrich, @brianros1, @stevesilberman, Gawker and Recode

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

Discussion: CNBC, The Frisky, CNBC and Washington Post

Molly Redden / Guardian:
More than 20 women have accused Fox News host Roger Ailes of sexual harassment, say attorneys for Gretchen Carlson

Discussion: FishbowlNY, The Huffington Post, Talking Points Memo, AOL, The Wrap, @soniasaraiya, Media Matters for America, LawNewz, @gabrielsherman, @gretchencarlson, @paulwaldman1, @sarahw, @reformedbroker, New York Times, Fusion and @mathewi

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, TechCrunch, Fortune, Bloomberg, Radio & Television … and Variety

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

Discussion: TechCrunch, Business Wire, Wall Street Journal, Radio & Television …, RAIN News, Variety, Mashable, @pkafka, Business Insider and @jank0

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.

Discussion: The Wrap, BuzzFeed, Bloomberg, New York Magazine, Variety, The Verge, Mediaite and @pkafka

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: @diki24, @thomasaboyt, @evanplus, @joelandren, @ctatplay, @geoffwking and @kateconger

Noah Kulwin / Recode:
Sources: Reddit shakes up management, with possible departures of editorial director and VP of marketing, among others

Discussion: New York Magazine and @rolandlisf

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 …

Discussion: Electronic Frontier Foundation, Techdirt, bunnie's blog, SlashGear, @bc_butler, Broadcasting & Cable, The Verge, @evacide, @joshbloch, @ncardozo, Guardian, Boing Boing, Fast Company, On the Wire, The Hill and @mike_mimoso

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.

Joseph Watts / London Evening Standard:

Oona King leaves UK politics to join YouTube as global director of diversity — Labour peer Oona King is leaving UK politics to take a top job at YouTube in San Francisco, claiming that the “desperately sad” state of Jeremy Corbyn's Labour party made her decision easier.

Discussion: Guido Fawkes, @oona_king, Tubefilter and Guardian

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.

Discussion: Canadian Press, MobileSyrup.com, @ladurantaye, Financial Post and @ladurantaye

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.

Discussion: The Verge, GeekWire and Engadget

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

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More News:

Sonya Sorich / Sacramento Business Journal:
McClatchy reports $14.7M GAAP loss for Q2, with net revenue of $242.2M, down from $262.4M in 2015; print ad revenue fell 16.6%, and digital ad revenue rose 4.4%

Discussion: @taylorbuley and Talking New Media

Georg Szalai / Hollywood Reporter:
Dish reports biggest quarterly drop in pay TV subs ever, down 281K to 13.59M

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Jeremy Barr / Ad Age:
To combat ad-blocking, The Financial Times begins blanking out words in articles to illustrate the percentage of revenue that comes from advertising

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Lauren Johnson / Adweek:
Following success of podcasts like Serial and This American Life, Interactive Advertising Bureau to host second Podcast Upfront in fall

Lauren Steussy / Columbia Journalism Review:
Non-profit education site Chalkbeat looks to expand its reach beyond ed-world insiders, covering inequity in education and strategies to improve schools

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Lucia Moses / Digiday:
Slate now relies on native ads for nearly 50 percent of its revenue

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Todd Spangler / Variety:
Facebook to Get Live-Streaming Simulcasts of 9 U.S. Olympic Basketball Exhibition Games

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Mike Shields / Wall Street Journal:
Media brands struggle to gain audiences on YouTube, turn to Facebook, Snapchat instead

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Ernesto / TorrentFreak:
Alleged owner of biggest torrent site, KickassTorrents, arrested in Poland on US charges of copyright infringement and money laundering, KAT domains seized

From Techmeme:

Bloomberg:
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users

Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end

Bloomberg:
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January

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