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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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, NetNewsCheck Latest, Washington Post, @sims, @brianstelter, KTLA, @davidfolkenflik, Media Matters for America 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:
Washington Post, @nytimesbusiness, @mattgrossmann, @reedfrich, @brianros1, @stevesilberman, Gawker, Media Matters for America and Recode
Gabriel Sherman / New York Magazine:
In wake of Roger Ailes' departure from Fox News, Fox spokesperson Irena Briganti could also be forced out
Discussion:
Reynolds Center, Business Insider, CNBC, Forbes, The Wrap, Guardian, TVNewser, CNBC, Right Wing Watch, @soniasaraiya, Broadcasting & Cable, Washington Post, @mathewi, @jayrosen_nyu, @johnmcquaid, @kateaurthur, New York Times, New York Times, Fusion, Guardian, @mlcalderone, @edmundlee, @andrewkirell, @hadas_gold, @dylanbyers and @gabrielsherman
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:
BuzzFeed, Bloomberg, HYPEBEAST, New York Magazine, Variety, The Wrap, The Verge, Mediaite, Recode - Facebook and @pkafka
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 …, RAIN News 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 …, Business Wire, Wall Street Journal, Variety, Mashable, @pkafka, Business Insider, @jank0 and Reuters
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.
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:
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, Guido Fawkes, Tubefilter and Guardian
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 …
Jason Horowitz / New York Times:
Profile of Meredith McIver, the in-house writer at the Trump Organization who took responsibility for plagiarism in Melania Trump's speech — CLEVELAND — In her mid-30s and slowed by injuries, Meredith McIver, a classically trained ballerina who had danced under the limelight with Balanchine …
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 …
Discussion:
@richpreston, @richpreston, Mixmag, SlashGear, BetaNews and MacRumors
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
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.
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