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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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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.
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The Huffington Post, CNNMoney, Associated Press, Washington Post, @sims, @brianstelter, KTLA, Fortune, Media Matters for America, ThinkProgress, Recode, @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
Roger Ailes fused TV and politics, gaining power by exploiting the idea that news outlets were aligned against conservatives
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Politico, @jayrosen_nyu, Guardian, Recode, Fortune, @nytimesbusiness, @mattgrossmann, @reedfrich, @brianros1, @stevesilberman, Gawker, Vanity Fair and Media Matters for America
Mark Sweney / Guardian:
UK pop-up newspaper the New European, aimed at an anti-Brexit audience, sold an estimated 40K copies of first edition and made a profit — ‘Pop-up’ title estimated to have sold more than 40,000 copies, and may see an extension to its four-issue run — Pro-Remain newspaper the New European …
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@akshayraodotnet, @joeripcord, @timyoungman, Talking New Media and Mashable
Matthias Verbergt / Wall Street Journal:
Spotify launches programmatic ads, lets advertisers target its 70M nonpaying users by age, gender, genres, and playlists globally — STOCKHOLM—Swedish music-streaming company Spotify AB on Wednesday launched programmatic ad buying for all its markets, allowing advertisers to target …
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For Brands, Quartz, Adweek, BetaNews, Marketing Dive, Fortune, NPR and Engadget
Darrell Etherington / TechCrunch:
BBC iPlayer Radio app for iOS and Android now available to people in the US — BBC does radio well, and now Americans can experience the full effect of the UK broadcaster's audio content expertise with the iPlayer Radio app foriOS andAndroid. The app contains all of BBC's radio feeds …
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@richpreston, @richpreston, Mixmag, SlashGear, BetaNews and MacRumors
Greg Hartrell / Official Android Blog:
Google Play Books debuts Bubble Zoom, which uses machine learning to detect and expand speech bubbles in comic books, starting with some Marvel and DC volumes — Whether it's reading up on the origins of Justice League or enjoying a reboot like Invincible Iron Man, we all love our heroes …
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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 …
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Forbes, New York Times, SiliconANGLE, TechCrunch, Radio & Television …, Bloomberg, Fortune 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
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Wall Street Journal, TechCrunch, Radio & Television …, Business Wire, Mashable, RAIN News, Variety, Business Insider, Fortune, Business Insider, @pkafka and @jank0
David Agren / Guardian:
Mexican journalist Carmen Arestegui and Penguin Random House sued by reporter's former employer MVS Radio in bid to ban book exposing presidential scandal — La Casa Blanca de Peña Nieto based on exposé that revealed Mexico's first lady bought $7m mansion from contractor with links to her husband, the president
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International Business Times and New York Times
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.
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The Drum
Keith J. Kelly / New York Post:
Sources: the job title of publisher will be phased out at Time Inc. as part of restructuring — The “publisher” job title will soon be phased out at Time Inc, as part of CEO Joe Ripp's ongoing restructuring, sources tell Media Ink. — The change — which could be unveiled within the next week …
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WWD, FishbowlNY, Politico, @jeremymbarr, @jeremymbarr, @mediaguroo and Media Wire Daily
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.
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New York Magazine, HYPEBEAST, The Wrap, BuzzFeed, The Verge, Variety, Mediaite, Recode - Facebook, Bloomberg and @pkafka
Todd Spangler / Variety:
AT&T adds 342K DirecTV subscribers in Q2, loses 391K U-verse subscribers, net loss of 49K video customers — It's been a year since AT&T closed its deal for DirecTV, and the telco's top brass are pleased with the progress in assimilating the satellite operator into its fold.
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Multichannel News, Hollywood Reporter, Fortune, FierceTelecom News, Reuters, Deadline, Multichannel News and Wall Street Journal
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 …
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@ctatplay, @geoffwking, @diki24, @thomasaboyt, @joelandren, @evanplus and @kateconger
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