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 …
Discussion:
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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.
Molly Redden / Guardian:
More than 20 women have accused Fox News host Roger Ailes of sexual harassment, say attorneys for Gretchen Carlson — Accusations against Fox News CEO have poured in since former host Gretchen Carlson filed a lawsuit, her legal team say, with some claims dating back decades
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, @brianstelter, KTLA, @davidfolkenflik 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
Discussion:
@mattgrossmann, Gawker, Media Matters for America, @reedfrich, @brianros1 and @stevesilberman
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, Washington Post, Forbes, Ad Age, The Wrap, AOL, Talking Points Memo, Inside Cable News, @anthony, @reformedbroker, @mathewi, Washington Post, Fortune, CNNMoney, @thestalwart, Mediaite and USA Today
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, TechCrunch, Bloomberg, Variety 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
Discussion:
TechCrunch, Radio & Television …, Wall Street Journal, Business Insider, @pkafka, RAIN News, Mashable, Business Wire, @jank0 and Fortune
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.
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.
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
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 — U.K. Newspaper Also Releases an ‘Advertising Charter’ — Programmatic: The Future of Television — The Financial Times is certainly …
Discussion:
Nieman Lab, Digiday, Financial Times, @aulia, @charliebeckett, @myurow, @davidbauer, @firt and @raju
Georg Szalai / Hollywood Reporter:
Dish reports biggest quarterly drop in pay TV subs ever, down 281K to 13.59M — EMAIL ME — Charlie Ergen talks about a carriage dispute with Tribune Media, consolidation and the pay TV industry's mature business. — Dish Network on Thursday reported improved second-quarter earnings …
Discussion:
The Wrap, Ad Age, Multichannel News, Variety, Broadcasting & Cable, Multichannel News and The Wrap
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