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
Discussion:
The Wrap, Politico, @davidfolkenflik, Deadline, Talking Points Memo, @kelseymsutton, @zigmanfreud, Hollywood Reporter, CNBC, @davidfolkenflik, The Wrap, Variety, @samthielman, @stevebattaglio, @brianstelter, @brianstelter, @dylanbyers, @gabrielsherman, @gabrielsherman, @cnbcnow, @sdkstl and The Week
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 …
Discussion:
Adweek, Engadget, NetNewsCheck Latest, Ad Age, Media Wire Daily and FishbowlNY
Claire Atkinson / New York Post:
Sources: up to seven bidders expected at Gawker's bankruptcy auction next week, including Univision — Gawker's bankruptcy auction could be as crowded as its farewell party on Wednesday evening — but without the beer and pizza. — As many as seven suitors are expected to attend …
Discussion:
@niemanlab, @jayrosen_nyu, @claireatki, @anthony and @justinjm1
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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 …
Discussion:
@jackmarshall, Awful Announcing, @asharma, @perlberg, @kerrymflynn, @wsj and @dannygroner
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Max Willens / Digiday:
How CNN's social apps producer Masuma Ahuja experiments with Line, Kik, and Facebook Messenger to cover the Olympics
Discussion:
@digiday and @niemanlab
Richard Sandomir / New York Times:
TV ratings for Olympics on NBC down nearly 20% from London games as media viewing habits change
Discussion:
Adweek, Washingtonian, USA Today, Awful Announcing and Variety
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.
Discussion:
TechCrunch, @wfederman, @alexandernl and Medium, Thanks:@alexandernl
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
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.
Discussion:
Mediaite, NBC News, CNNMoney, Washington Blade, Attitude Magazine, LawNewz, Vanity Fair, PinkNews, The New Civil Rights Movement, The Drum, Business Insider, The Wrap, New York Times, iMediaEthics, Outsports, RT, @aminifonua, The Huffington Post, @aminifonua, Slate, @gaywonk, Awful Announcing, @aaronmcn, @jpbevi, @mdlindemulder, @warrenkzola, @samcorb, @pricepeterson, The Stranger …, The Mary Sue, FishbowlNY and Vox, Thanks:@taylorbuley
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
Roger Yu / USA Today:
FCC votes to retain rules limiting cross-ownership of newspapers, radio, and TV stations in the same market, despite complaints that restrictions are outdated — The Federal Communications Commission has voted to keep in place its rules that prohibit media companies from owning newspapers …
Discussion:
@raju, Morning Consult, Law360, The Hill, TVNewsCheck.com and Reuters
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.
Discussion:
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