Top News:


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, @koblin, Mediaite, The Wrap, @amy_siskind, @brianstelter and Deadline
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Rupert Murdoch names Jack Abernethy and Bill Shine as co-presidents of Fox News, effective immediately
Discussion:
The Wrap, @davidfolkenflik, Politico, @gabrielsherman, Radio & Television …, Talking Points Memo, @kelseymsutton, @zigmanfreud, The Wrap, @brianstelter, Bloomberg, CNBC, @davidfolkenflik, @davidfolkenflik, @davidfolkenflik, @samthielman, @stevebattaglio, @dylanbyers, @brianstelter, @cnbcnow, @sdkstl, @brianstelter, The Week, @gabrielsherman, @gabrielsherman and Variety


Inside The New York Times, National Geographic, and Sports Illustrated strategies for Instagram Stories versus Snapchat — The announcement of Instagram Stories last Tuesday came with mixed reviews, many considering it a blatant ripoff of Snapchat. Allowing users to share real-time life updates …
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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


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 …


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

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, Ad Age, Media Wire Daily, NetNewsCheck Latest and FishbowlNY


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


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, @emma_dumain, @politico and The Daily Caller


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


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


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


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 and @digidave