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.
Discussion:
New York Times, Forbes, FishbowlDC, Media Matters for America, TVNewser, @bluechoochoo, @karaswisher, Ad Age, Mediaite, The Wrap, @koblin, @amy_siskind, @brianstelter and Deadline
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Business Wire:
Rupert Murdoch names Jack Abernethy and Bill Shine as co-presidents of Fox News, effective immediately
Discussion:
The Wrap, @davidfolkenflik, Politico, Radio & Television …, @gabrielsherman, Talking Points Memo, The Wrap, @kelseymsutton, @zigmanfreud, @brianstelter, Bloomberg, CNBC, The Week, @davidfolkenflik, @davidfolkenflik, @davidfolkenflik, @samthielman, @stevebattaglio, @dylanbyers, @brianstelter, @cnbcnow, @sdkstl, @brianstelter, @gabrielsherman, @gabrielsherman and Variety
Tom Kertscher / Milwaukee Journal Sentinel:
Conviction overturned for Brendan Dassey of Netflix's Making a Murderer, due to investigators' false promises; prosecutors get 90 days to decide on retrial — Brendan Dassey, who was convicted along with his uncle, Steven Avery, in the murder of Teresa Halbach, has won a court order …
Taylyn Washington-Harmon / Nieman Lab:
There was no measurable traffic impact from Facebook's friends-and-family algorithm change, according to Parse.ly analysis across 600 digital publishers — When Facebook announced in June that it was tweaking its News Feed algorithm — giving more weight to friends and family and less …
Discussion:
@mathewi and Parse.ly, Thanks:@amontalenti
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, Ad Age, Engadget, Media Wire Daily, NetNewsCheck Latest and FishbowlNY
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:
The Daily Caller, @maggienyt, @emma_dumain and @politico
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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Dion Nissenbaum / Wall Street Journal:
Staffers at TRT World, Turkey's government-owned TV station, say views critical of the government's post-coup crackdown on press have been muted — Amid Turkish President Recep Tayyip Erdogan's purge, unhappy staffers say TRT World has muted criticism of the government while blasting the opposition Gulen movement
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:
@buzz, Alexander Klöpping, TechCrunch, @wfederman and @alexandernl, Thanks:@alexandernl
Melissa Mittelman / Bloomberg:
CB Insights: venture funding to media-tech companies slid for the third consecutive quarter to $91.7M, the lowest amount since mid-2013 — Even as funding rounds hit 4-year low, some VCs remain bullish. ‘The media landscape is being transformed,’ says Eric Hippeau
Thanks:@ravichandrans25
Sahil Patel / Digiday:
A look at why traditional TV companies have invested over $1.6B in digital startups like Refinery29, BuzzFeed, Vice, and Vox since 2013 — For all of the attention given to digital media startups producing buzzworthy content on social platforms, it's easy to forget that spending decades deeply entrenched …
Discussion:
@mrmistry, @mattervc, @_keenanbeasley_, @cheriehu42, @digidave, Recode and Adweek
Wall Street Journal:
Concerned about revenue split, algorithm tweaks, and ad sales control, TV content owners like the NFL, Disney, and NBCUniversal resist Facebook video deals — ‘Premium’ content owners have doubts about advertising arrangements — The National Football League, Walt Disney Co …
Discussion:
@joshconstine and Fortune
Mike Shields / Wall Street Journal:
Media brands, including many Snapchat Discover partners, are testing Instagram Stories and report solid early traffic — Media brands, including many Snapchat Discover partners, are seeing solid early traffic — Media firms are flocking to the new Instagram Stories …
Discussion:
Digital Trends
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, @peretti, @asharma, @wsj, @perlberg, @dannygroner and @kerrymflynn
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