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 …
Discussion:
@mbrauchli, @davidfolkenflik, Politico, The Daily Beast, @gabrielsherman, LawNewz, @davidfolkenflik, @ericboehlert, @davidfolkenflik, @brianstelter, @tvnewser, LawNewz and Mediaite
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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
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:
USA Today, Los Angeles Times, 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, Bloomberg, @elanazak, Crain's New York Business, Wall Street Journal, Broadcasting & Cable, MacRumors, Fortune, CNNMoney, 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:
Consumerist, Engadget, @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
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, @sincerelyash, The Huffington Post, TVNewser, FTVLive, Media Matters for America, New York Magazine, Inside Cable News, @ggreenwald, Hot Air, Business Insider, @sethmnookin, @katherinemiller, Variety, @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, @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, 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, @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, @hunterwalk, @rose_garrett, @jcstearns, @lightexposures, @lock 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,” …