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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.
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
Discussion:
FishbowlNY, AOL, @gabrielsherman, Talking Points Memo, The Wrap, LawNewz, @paulwaldman1, @sarahw, @gretchencarlson, The Week and The Huffington 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 — Roger Ailes is arguably the most important television executive of his generation. He built Fox News from scratch, and in doing so created a whole new model …
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CNNMoney, Guardian, Washington Post, Forbes, Ad Age, Washington Post, Hollywood Reporter, AOL, The Wrap, @anthony, @reformedbroker, @mathewi, Fortune, Inside Cable News, @thestalwart, Variety, USA Today and Mediaite
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 — Will Fox News's prime-time lineup remain intact? Will the network's ratings fall back to earth after this wild presidential election?
Discussion:
The Frisky and Politico
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 Media Inc., the Internet radio service that's become the subject of heated merger speculation, posted second-quarter revenue …
Discussion:
Wall Street Journal, Business Insider, @jank0 and Business Wire
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:
Bloomberg, BuzzFeed, New York Magazine and @pkafka
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 …
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.
Mike Shields / Wall Street Journal:
Media brands struggle to gain audiences on YouTube, turn to Facebook, Snapchat instead — YouTube seen as crowded and difficult for content discovery, while Facebook and Snapchat and other platforms surge — In May, the do-it-yourself, home-and-garden site Hometalk made its first big push into video on Facebook.
Discussion:
@pkafka and @digitalshields
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 …
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Nieman Lab, Financial Times, @aulia, @charliebeckett, @myurow, @davidbauer, Digiday, @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:
Ad Age, Multichannel News and The Wrap