Mediagazer: 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 (Wall Street Journal)

1:00 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, The Daily Beast, Politico, NPR, Variety, New York Daily News, Mediaite, Mother Jones, Guardian, Adweek, The Wrap, Fox News, Mediaite, Poynter, @braddjaffy, Quartz, @gabrielsherman, Hollywood Reporter, NY1 News, Media Wire Daily, Talking Points Memo, Wall Street Journal, Washington Post, Business Insider, Ad Age, Hit & Run, @npr, The Week, @chrisariens, Media Matters for America, Talking New Media, Mediaite, @yousefmunayyer, @kelseymsutton, The Daily Caller, @hadas_gold, @davidfolkenflik, @dylanbyers, @petersterne, @kelseymsutton, @davidfolkenflik, @grynbaum, @hadas_gold, @hadas_gold, @blowryontv, New York Post, ABC News, Fortune, Daily Wire, Vanity Fair, Hot Air, Mashable, Broadcasting & Cable, Bloomberg, Recode, Talking Points Memo, The Verge, The Huffington Post, TVNewser, Politico, TechCrunch, Newser, Reuters, ThinkProgress and CNBC

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, Gawker, @reedfrich, @brianros1, @stevesilberman and @mattgrossmann

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

Discussion: FishbowlNY, Talking Points Memo, AOL, The Huffington Post, The Wrap, Media Matters for America, LawNewz, @gabrielsherman, @gretchencarlson, @paulwaldman1, @sarahw and The Week

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, CNBC, The Frisky 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

Discussion: The Huffington Post, Recode, @soniasaraiya, The Wrap, Washington Post, Forbes, Ad Age, AOL, Inside Cable News, Talking Points Memo, FishbowlNY, @anthony, @reformedbroker, @mathewi, CNNMoney, Fortune, @ritholtz, New York Times and @thestalwart

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, Variety, RAIN News, Mashable, Bloomberg 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 …, Fortune, TechCrunch, @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.

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

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

Discussion: @rolandlisf

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.

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, The Verge, @bc_butler, @evacide, @ncardozo, Broadcasting & Cable, Guardian, Boing Boing, Fast Company, On the Wire, The Hill and @mike_mimoso

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.

Discussion: Engadget and GeekWire

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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Sonya Sorich / Sacramento Business Journal:
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Mark Gurman / Bloomberg:
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