Top News:
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 …
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Bloomberg, TechCrunch, Broadcasting & Cable, Fast Company, Reuters, Reuters, MarketWatch, Wall Street Journal, @awolk, Business Insider, @edmundlee, Fortune and 9to5Google
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Peter Kafka / Recode:
Source: Time Warner paid $580M for 10% Hulu stake, valuing company at $5.8B — 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 will be partners with existing owners Disney …
Discussion:
Broadcasting & Cable, @rosslevinsohn, @alexosterwalder and @pkafka
Kate Rooney / CNBC:
Time Warner Q2 earnings: $1.29 a share, revenue down to $6.95B from $7.35B last year — Time Warner reported quarterly earnings that beat analysts' expectations but revenues that missed on Wednesday. — The company posted second-quarter earnings per share of $1.29, compared to $1.25 per a share in the year-earlier period.
Discussion:
Variety
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 — Corey Lewandowski is a great CNN contributor and Vice and BuzzFeed are not legitimate news organizations, CNN president Jeff Zucker says in Variety's latest cover story.
Discussion:
Variety, FTVLive, New York Magazine, @katherinemiller, @ggreenwald, Inside Cable News, @sethmnookin, Hot Air, Mediaite, Talking Points Memo, Media Matters for America, @jamilsmith, Business Insider, @nycjim, @taylorbuley, @oliverdarcy, @mazmhussain, @noahedavis, @richardgrenell, @tressiemcphd, @buzzfeedben, @jayrosen_nyu, @jasonhitchcock, @pkafka, TVNewser, @patcaldwell, @hadas_gold, @shoq, @clarajeffery, @isaacdovere, @joeperticone, @scottbix and @buzzfeedandrew
Hadas Gold / Politico:
Senior producer of NBC's “Meet the Press”, Shawna Thomas, appointed Vice News Washington bureau chief — Shawna Thomas is leaving NBC for Vice News to become its Washington bureau chief, the company will announce on Wednesday. — Thomas is leaving NBC after 10 years with the network …
Discussion:
FishbowlNY, @tyrangiel, @halliejackson, @frankthorp, @buzzfeedben, @braddjaffy and @philiprucker
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Brian Steinberg / Variety:
Vice to launch Vice Nightly News, 30-minute evening news program, on HBO on September 26, will also be available on HBO Go, HBO Now streaming services
Discussion:
New York Times, @longdrivesouth, @karaswisher, TVNewser, TechCrunch, Fortune, Adweek, FishbowlNY and Broadcasting & Cable
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 — Journalists are highly competitive, but every once in a while, a reporter is so far out ahead on a continuing story that all the rest of us can do is acknowledge the obvious.
Discussion:
Columbia Journalism Review, @sulliview, @heybonanos, @rafat, The Daily Beast, LawNewz, @gretchencarlson, @thefree_lance and @dylanbyers
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 …
Yoree Koh / Wall Street Journal:
NFL, Snapchat agree to multi-year partnership extension; NFL gets a Discover slot, will produce Live Stories for games; Snapchat will do most of ad-selling work — Football league to produce analysis, photos, videos for messaging app under extended partnership — The National Football League is huddling up with Snapchat Inc.
Discussion:
Variety, Recode, Fortune, Adweek, TechCrunch, SocialTimes, GeekWire, Business Insider, CNBC and Broadcasting & Cable
Tobias Burns / Hollywood Reporter:
Funny or Die is cutting about 37 staffers and closing its San Mateo office — New CEO Mike Farah is making changes. Comedy website Funny or Die is cutting approximately 37 staffers and closing their San Mateo, Calif., office, a company spokesperson said Tuesday.
Discussion:
Variety, Tubefilter and The Wrap
Jasper Jackson / Guardian:
Times soccer correspondent Tony Barrett, who quit after paper refused to put Hillsborough verdict on front page, appointed chief soccer writer of Joe.co.uk — Tony Barrett, who resigned after paper failed to put inquest verdict on its front page, to be website's chief football writer
Andy / TorrentFreak:
Atlantic Records asks Supreme Court to force Reddit to identify user who leaked a song from the Suicide Squad soundtrack on the site — Music gets uploaded to the Internet every minute of every day, much to the irritation of recording labels. Largely these uploads are dealt with via takedown notices …
Discussion:
The Next Web
Amol Sharma / Wall Street Journal:
Sources: Viacom held settlement talks with Redstone's National Amusements that would have led to Philippe Dauman leaving firm, but talks fell through — Discussions fell through last week but included Viacom CEO Dauman stepping down — Top Viacom Inc. executives recently held discussions …
Discussion:
New York Times, @joannlublin, @asharma, Los Angeles Times, New York Times, Deadline and Fortune
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