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11:20 PM ET, August 16, 2016

Mediagazer

 Top News: 
Peter Kafka / Recode:
Univision acquires Gawker Media for $135M; Denton says employees will continue work under new ownership “disentangled from the legal campaign”  —  Sold!  —  Univision has won the auction for Gawker Media.  —  The TV network and digital publisher has agreed to pay $135 million …
RELATED:
Alex Sherman / Bloomberg:
Source: Gawker attracted only two formal takeover bids, from Ziff Davis and Univision; if outbid by Univision, Ziff Davis is entitled to a $2.47M breakup fee  —  Gawker Media, driven into bankruptcy in June after losing an invasion-of-privacy lawsuit to Hulk Hogan, has attracted formal takeover offers …
Lukas I. Alpert / Wall Street Journal:
Source: Denton will have no future involvement with Gawker Media after the sale to Univision  —  Univision outbid Ziff Davis for control of the digital media pioneer  —  Univision Communications Inc. won a court-administered auction for Gawker Media Group on Tuesday, outbidding Ziff Davis …
New York Times:
Sources: ex-Fox News Chairman Roger Ailes, ousted over accusations of sexual harassment, is advising Trump ahead of presidential debates  —  Roger Ailes, the former Fox News chairman ousted last month over charges of sexual harassment, is advising Donald J. Trump as he begins to prepare …
RELATED:
Peter Thiel / New York Times:
Peter Thiel says he will support Hogan “until his final victory”, advocates a “Gawker bill” that would criminalize profiting from explicit private images  —  Last month, I spoke at the Republican National Convention in Cleveland because I believe our country is on the wrong track …
RELATED:
Brian Feldman / New York Magazine:
Peter Thiel's NYT op-ed is full of contradictions and distortions; writer of the original Gawker story says the site did not out him as gay at all
Shan Wang / Nieman Lab:
The Wall Street Journal is making its paywall more flexible, with 24-hour guest passes for non-subscribers and expanded social sharing  —  The Wall Street Journal's proposition has, for many years, been clear: Pay for our journalism, including online.  —  Many do: The Journal recently hit …
Sarah Perez / TechCrunch:
In bid to sign up new Prime subscribers, Amazon distributes pilot episodes from Amazon Video's original series on social media sites including Facebook, YouTube  —  Amazon this morning announced that, for the first time ever, it will begin distributing its Original Series from Amazon Video …
Jon Brodkin / Ars Technica:
Leichtman Research Group: 11 biggest pay-TV subscribers in the US lost 665K net video subscribers in Q2, almost doubling the losses of two years ago  —  Top pay-TV operators lost 665,000 subscribers in Q2 2016.  —  The second quarter of each year is generally bad for pay-TV companies …
Discussion: Digital Trends and @taylorbuley
Tim Ingham / Music Business Worldwide:
Apple Music makes deal with Cash Money Records, whose artists include Drake, Lil Wayne, Nicki Minaj, Young Money, and more  —  We're used to seeing Apple Music pick off artists one-by-one for exclusive deals.  —  Now it's signed an agreement with an entire label - a big one.
 
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 More News: 
Meg James / Los Angeles Times:
Sources: Viacom and Redstone near deal, with Dauman to exit with about $85M, replaced by COO Tom Dooley; sale of a Paramount stake remains a sticking point
Discussion: Wall Street Journal
Benjamin Mullin / Poynter:
Matt DeRienzo of Local Independent Online News Publishers, growing about 10% annually, describes how small news orgs are making money and filling news gaps
Discussion: @jcstearns
Margaret Sullivan / Washington Post:
Military prosecutor subpoenas filmmaker Mark Boal for the unaired interviews with Bowe Bergdahl which Serial Season 2 was based on, raising 1st Amendment issues
Discussion: @sulliview and @sulliview
 Earlier Picks: 
Lucia Moses / Digiday:
As Arianna Huffington steps down, the website she founded is an outmoded portal with lagging traffic
Discussion: @digiday
Matt Haughey / 15 Minutes in the Morning:
IOC's ban on animated GIFs during the Rio Olympics may have prevented many moments from going viral
John Koblin / New York Times:
Larry Wilmore's “Nightly” show, Comedy Central's replacement for The Colbert Report, cancelled as network says it hasn't resonated with audiences
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets
 
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