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
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
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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.