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4:30 PM ET, August 12, 2016

Mediagazer

 Top News: 
Brian Stelter / CNNMoney:
Bill Shine will be in charge of Fox News talent, programming, and newsgathering, Jack Abernethy will oversee business functions, CFO Mark Kranz is retiring  —  Now that Roger Ailes is gone, Fox News will be led by a pair of executives, Bill Shine and Jack Abernethy.
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Business Wire:
Rupert Murdoch names Jack Abernethy and Bill Shine as co-presidents of Fox News, effective immediately  —  Jack Abernethy and Bill Shine Named Co-Presidents Reporting to Rupert Murdoch  —  Suzanne Scott Promoted to Executive Vice President of Programming  —  Chief Financial Officer Mark Kranz to Retire
Lucia Moses / Digiday:
New York Times buys marketing agency Fake Love, which specializes in virtual and augmented reality, in a push to build up its in-house ad services  —  For the second time this year, The New York Times is acquiring a marketing agency.  This time, it's buying Fake Love, an agency that specializes …
RELATED:
Jacob Bernstein / New York Times:
The last party before Gawker Media's bankruptcy sale felt like a giddy wake, with speeches by a still-defiant Nick Denton
Shelley Hepworth / Columbia Journalism Review:
Blendle pay-per-story service reaches 1M global users, with 10K beta testers in US and 25K on a US private beta waiting list  —  When it comes to news, readers want quality journalism.  But they don't want to search for it—even if they do in theory, they likely won't in practice.
Steven Perlberg / Wall Street Journal:
The Olympics puts the joint Snapchat venture between old-school NBC and viral content publisher Buzzfeed to the test  —  Digital media company has athletes destroying watermelons  —  NBC's coverage of the Olympics carries a certain amount of gravitas, from the pomp of the opening ceremony …
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Hadas Gold / Politico:
Donald Trump's war with the media has given Hillary Clinton cover not to create a press pool for her campaign, bucking tradition  —  As Trump wars with the media, Clinton moves just as slowly to allow reporters full coverage, bucking tradition.  —  Think Donald Trump is the only candidate sidelining the press?
Discussion: @maggienyt and @politico
Josh Constine / TechCrunch:
Facebook rolls out new code to nullify adblock workaround introduced by Adblock Plus  —  Adblock Plus launched a workaround to Facebook's ad block bypass today that ham-handedly removes posts from friends and Pages, not just ads, according to a statement provided by Facebook to TechCrunch.
Todd Spangler / Variety:
Analyst: US pay-TV operators lost 757K subs in Q2, and 1.29M subscribers over past 12 months  —  The pay-television biz kept up a slow pace of descent as U.S. cable, satellite and telco TV operators shed a collective 757,000 subscribers in the second quarter, according to Wall Street analyst Craig Moffett …
The Daily Beast:
The Daily Beast removes post about the use of Grindr at Olympics after complaints it outed gay athletes, says “we were wrong”  —  One athlete poses in his full Canadian team kit.  Others post their Olympic bedspreads as their profile pictures.  They're ready to date—even your distinctly non-Olympian correspondent.
Benjamin Mullin / Poynter:
After layoffs and lack of raises, journalists at GateHouse Media's Lakeland Ledger in Florida vote to join NewsGuild  —  A newspaper joined the recent spate of mostly digital newsrooms unionizing in the United States on Thursday, calling itself the first of its kind to do so in Florida.
Discussion: @kristenhare
 
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Jessica Davies / Digiday:
Politico's Brexit coverage gave its traffic a 300% boost in June, establishing a blueprint for future expansion plays
Discussion: Guardian and Politico
Lukas I. Alpert / Wall Street Journal:
Arianna Huffington, editor-in-chief of the Huffington Post, will leave the company in the coming weeks to focus on health-and-wellness startup Thrive Global