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:
Drudge Report, New York Times, The Wrap, Politico, NPR, New York Daily News, Variety, Mediaite, Mother Jones, Fox News, Guardian, Adweek, The Wrap, Poynter, @braddjaffy, Mediaite, Quartz, Hollywood Reporter, The Daily Beast, Talking Points Memo, Crikey, @gabrielsherman, The Week, Ad Age, Mediaite, Washington Post, Variety, Business Insider, NY1 News, Media Wire Daily, Wall Street Journal, Broadcasting & Cable, NPR, Inside Cable News, Talking New Media, Hit & Run, @npr, The Huffington Post, Recode, TVNewser, @chrisariens, Media Matters for America, @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, Reuters, The Verge, Bloomberg, Talking Points Memo, TechCrunch, Newser, ThinkProgress and Politico
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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.
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
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
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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
Discussion:
TechCrunch, Business Wire, Radio & Television …, Wall Street Journal, 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.
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
RELATED:
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 …
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:
@oona_king, Tubefilter, Guido Fawkes and Guardian
Jasper Jackson / Guardian:
UK news site Exaro closes, could be due to changes at parent company New Sparta; former editor-in-chief says management lacked vision — Staff surprised by closure of site that broke allegations of VIP child abuse and other stories — Investigative journalism website Exaro has closed …
Discussion:
Nieman Lab and Press Gazette
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.
