Top News:
New York Times:
Sources: internal investigators of sexual harassment allegations against Roger Ailes also examining whether other Fox News executives knew of improper behavior — Investigators looking into sexual harassment accusations against the former Fox News chairman Roger Ailes are also examining whether …
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Margaret Sullivan / Washington Post:
How New York Magazine's Gabriel Sherman owned the story about sexual harassment claims against Roger Ailes at Fox News: deep sources, persistence, and empathy
Discussion:
@thatrebecca, Columbia Journalism Review, @heybonanos, @rafat, @sulliview, @gretchencarlson and @thefree_lance
Todd Spangler / Variety:
Time Warner takes 10% stake in Hulu, joining Disney, 21st Century Fox, Comcast; Turner networks like CNN and Cartoon Network will be available at 2017 launch — Time Warner is taking a 10% stake in Hulu, joining previous owners Disney, 21st Century Fox and Comcast, and as part …
Discussion:
timewarner.com, Radio & Television …, Multichannel News, Bloomberg, @elanazak, Broadcasting & Cable, Fortune, CNNMoney, Crain's New York Business, MacRumors, Wall Street Journal, Guardian, Adweek, @jasonkilar, Home Media Magazine, Forbes, Ad Age, @toddpack, @xpangler, @awolk, TechCrunch, Reuters, @edmundlee, Reuters, MarketWatch, Business Insider, Fast Company and 9to5Google
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Peter Kafka / Recode:
Time Warner buying 10% of Hulu for $583M, Time Warner CFO says during earnings call, will join Hulu's new pay TV service — This TV package is different from the rest. — After months of talks, Time Warner is buying a chunk of Hulu, the web TV service. — The deal means Time Warner …
Discussion:
Engadget, Consumerist, @andrewwamugi, @ericmortensen, @ischafer, @pkafka, @rosslevinsohn, @alexosterwalder, @pkafka and Broadcasting & Cable
Jeffrey A. Trachtenberg / Wall Street Journal:
Sources: Time Inc. laying off around 110 people across the company — Move comes after significant restructuring by magazine publisher — Time Inc., which in recent weeks has undergone a major corporate reorganization and a retooling of its sales and marketing staff …
Discussion:
CNNMoney, The Wrap, FishbowlNY, Ad Age, Media Wire Daily and Folio
David Uberti / Columbia Journalism Review:
Jeff Zucker's defense of CNN's Corey Lewandowski is a textbook example of false balance and erodes the reputation of a “legitimate” news organization — In a rosy profile published Tuesday by Variety, “How Jeff Zucker Made CNN Great Again,” the network chief leveled …
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Hadas Gold / Politico:
CNN president Jeff Zucker calls Vice and BuzzFeed native ad shops, not legitimate news organizations, praises former Trump campaign manager Corey Lewandowski
Discussion:
Mediaite, Talking Points Memo, The Huffington Post, @sincerelyash, FTVLive, Media Matters for America, TVNewser, New York Magazine, Inside Cable News, @ggreenwald, Hot Air, Business Insider, Variety, @sethmnookin, @katherinemiller, @richardgrenell, @oliverdarcy, @mazmhussain, @taylorbuley, @noahedavis, @nycjim, @tressiemcphd, @jamilsmith, @buzzfeedben, @jasonhitchcock, @jayrosen_nyu and @pkafka
Brian Flood / The Wrap:
Tronc, formerly called Tribune, reports Q2 revenue of $405M, down 1.8% YoY — Tronc, Inc., the company formerly known as Tribune, reported second-quarter revenues of $405 million on Wednesday, a 1.8 percent drop from the previous year — but it would have been an even steeper 5.9 percent drop …
Discussion:
Politico, @petersterne, @daviduberti, tronc, inc., @daviduberti and Reuters
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Ken Doctor / Politico:
With Tronc's Q2 earnings due, Gannet could up its $15-a-share bid for the company, probably to $18-20; Tronc may acquire video startup Fresco News — Time for another Tronc (Tribune Publishing) quarterly financial report. Time for more intrigue. And this time, we can ask …
Discussion:
Vanity Fair, @springer, @kdoctor and @raju
Reuters:
21st Century Fox reports slightly better-than-expected Q4 results with net profit of $567M and revenue of $6.65B, up 7% YoY — Twenty-First Century Fox Inc (FOXA.O) reported a slightly better-than-expected quarterly profit, helped by higher ad revenue in its cable division.
Discussion:
The Wrap, Broadcasting & Cable, Mediaite, Fortune, USA Today, @leonlazaroff, @victoriacraig, @richbtig and 21cf.com
Joseph Lichterman / Nieman Lab:
European publishers are teaming together to translate the news to reach broader audiences — If Brexit drove home any point, it's that the fates of Europe's countries are deeply intertwined. Decisions made in Brussels — along with happenings in capitals across the continent — affect millions of people in dozens of countries.
Discussion:
@benmullin and VoxEurop.eu
Chris Roush / Talking Biz News:
Business Insider and Tech Insider to merge teams; TI Executive Editor Alyson Shontell becomes EIC of Business Insider US, while Blodget remains global EIC — Business Insider editor in chief Henry Blodget sent out the following announcement on Wednesday:
Discussion:
FishbowlNY, Wall Street Journal, @rafat, @nichcarlson, @aprilolanoff, @mikeisaac, @thestalwart, @tomkludt and @taylorlorenz
Anthony Ha / TechCrunch:
Crowdsourced news service Ripple acquires neighborhood news startup Hoodline; Hoodline Editor In Chief Eric Eldon will continue in role — Ripple has acquired Hoodline, a deal that combines two different approaches to covering local news. — Founded by former Viki CEO Razmig Hovaghimian …
Discussion:
Recode, @rose_garrett, @jcstearns, @lightexposures, @lock, @hunterwalk and @mgsiegler
Brian Stelter / CNNMoney:
Rush Limbaugh renews multi-platform contract with iHeartMedia for four years — Rush Limbaugh, the country's best-known conservative talk radio host, has renewed his contract with radio distributor iHeartMedia. — The company called it a “long-term, multi-platform agreement,” …
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