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 …
Discussion:
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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 …
Discussion:
Broadcasting & Cable, FishbowlNY, Adweek, @gerryfsmith, New York Post, Digiday, FishbowlNY, Los Angeles Times, Vanity Fair, The Hill, Fast Company, Variety, Mediaite, @edmundlee, @zoegalland, @ahess247, Fast Company, The Drum and Forbes
New York Times:
Sources: ex-Fox News Chairman Roger Ailes, recently ousted over charges of sexual harassment, is advising on preparation for upcoming 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 …
Discussion:
@braddjaffy, Politico, @ashleyrparker, Mediaite, Reuters, NewsMax.com, Talking Points Memo, Washington Post, New York Magazine, Fortune, @karaswisher, @richlowry, @daveweigel, @juddlegum, CNNMoney, The Wrap, Media Matters for America, @annkillion, Jezebel, Vanity Fair, Variety, Gothamist, @philipsturner, @dylanbyers, @ddale8, @sopandeb, @maggienyt, The Huffington Post, @gabrielsherman, Newser, The Week, The New Civil Rights Movement, Ad Age, Business Insider, TVNewser and Mother Jones
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Ryan Parker / Hollywood Reporter:
Trump campaign denies NYT report on Ailes, says he has no formal or informal role with them — The first presidential debate will be Sept. 26 on Long Island. — Donald Trump's campaign vehemently denies that Roger Ailes, the former head of Fox News who recently resigned amid sexual harassment allegations …
Discussion:
@mlcalderone, @theryanparker, Washington Post, @theryanparker, Mediaite and Mother Jones
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 …
Discussion:
Guardian, The Hill, Recode, Reuters, CNBC, TechCrunch, BuzzFeed, Elizabeth Spiers, @mattyglesias, iMediaEthics, Techdirt, Fortune, Hit & Run, @sdkstl, @espiers, @profcarroll, Forbes, @nytimes, Politico, @dangillmor, @doree, @glennf, @jonathanshainin, @ashleyfeinberg, @jonlovett, @joshtpm, @nytimes, @mccannsportslaw, @greghoward88, @edmundlee, @jonathanmahler, @mattdpearce, @toure, @nytopinion, Mediaite, LawNewz, The Huffington Post, Globe and Mail, CNNMoney, Fast Company, The Wrap, @hamiltonnolan, @max_read, @shani_o, @anildash, @max_read, @jamesrbuk, @mathewi, @samfbiddle, @annadubenko, @mathewi, @annamerlan, @justinjm1, @tomkrazit, Talking Points Memo and Business Insider, Thanks:@taylorbuley
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Wall Street Journal:
Barnes & Noble says CEO Ronald Boire not a good fit, will step down; executive chairman Leonard Riggio to delay September retirement, will step in as acting CEO — Ex-CEO Riggio, who has served as executive chairman, will postpone his retirement — Leonard Riggio is back—for now.
Discussion:
TechCrunch, New York Times, Publishers Weekly, Business Wire, Deadline, Bloomberg, Fortune and GeekWire
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 …
Discussion:
Broadcasting & Cable, Home Media Magazine, Engadget and Variety
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 …
Discussion:
@joelcifer, @joyabella, @jdawsey1, FishbowlNY and Techdirt
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.
Discussion:
AppleInsider, 9to5Mac, MacRumors and Billboard
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 — Talks have accelerated to end the bitter boardroom dispute between Sumner and Shari Redstone and Viacom's top executives …
Discussion:
Wall Street Journal
Peter Kafka / Recode:
An FAQ guide to Gawker Media's auction on Tuesday and the bidding process — Questions and answers — and the reason Gawker is like Lehman Brothers and GM. — Sometime in the next day or so, we should know who's going to buy Gawker Media: Bids for the bankrupt blog pioneer are due by 5 pm ET today …
Discussion:
Adweek, The Huffington Post, Recode, @pkafka, Ad Age, Media Wire Daily, Fortune, Los Angeles Business … and @pkafka
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 — Two years ago, when Matt DeRienzo was editor of the New Haven Register, he remembers being frustrated by a scrappy little site that dug up scoop after scoop at his expense.
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