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5:05 PM ET, August 17, 2016

Mediagazer

 Top News: 
New York Times:
Trump hires Breitbart News Executive Chairman Stephen Bannon to lead campaign in shakeup  —  LAS VEGAS — Donald J. Trump has shaken up his presidential campaign for the second time in two months, hiring a top executive from the conservative website Breitbart News and promoting a senior adviser …
RELATED:
Ben Smith / BuzzFeed:
Trump's partnership with Steve Bannon highlights the blurred lines between journalism and media activism  —  Political communications and media activism take a step closer.  —  BuzzFeed Editor-in-Chief  —  The effective merger of Donald Trump's campaign for president and the obstreperous …
Ben Shapiro / Daily Wire:
Ex-Breitbart Editor-at-Large Ben Shapiro says Steve Bannon led the site to openly embrace white supremacists, may work with Trump on a new media outlet  —  On Wednesday, the Trump campaign shifted top campaign staff: the new CEO of the campaign is, predictably and hilariously, Steven K. Bannon, the current chairman of Breitbart News.
Elizabeth Jensen / Commentary : NPR:
As of August 23, comments on NPR's website will be disabled; in July, 419K comments were made by just 19.4K users, representing 0.06% of site's overall visitors  —  NPR is making an announcement today that is sure to upset a loyal core of its audience, those who comment online at NPR.org (including those who comment on this blog).
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:
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, outbidding Ziff Davis for control …
Kurt Wagner / Recode:
Instagram starts showing US users personalized video suggestions of live events in the Explore tab  —  The photo sharer is getting into event curation again.  —  Instagram really wants to become a video destination.  It's one of the reasons (I suspect) it built its own version …
J.J. McCorvey / Fast Company:
Larry Wilmore says Comedy Central's focus on promoting The Daily Show came at the expense of his program, says Jon Stewart is angry at show's cancellation  —  As the comedian readies his final episode of The Nightly Show, he reveals what Comedy Central got wrong—and what the show did right.
Discussion: Ad Age, The Daily Beast and Splitsider
Tim Molloy / The Wrap:
Participant Media shutting down Pivot cable TV network by the end of the year, will focus on investing in content and social impact  —  Participant Media is shutting down Pivot TV, the millennial-facing cable network it launched four years ago to provide entertainment and encourage social activism.
Lucinda Southern / Digiday:
Despite US layoffs, IBT Media is expanding its newsroom in Europe - which has grown by 20% in last six months to 120 - and opened a branded content studio  —  While IBT Media is slashing editorial staff in the U.S., it's hiring up in Europe to expand its newsroom, open a branded content studio, and build out an events arm.
 
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 More News: 
James Dennin / Mic:
Video streaming service Cheddar appoints ex-BuzzFeed exec Eric Harris as COO; Harris says the company is growing very fast, needs additional structures
Freddy Mayhew / Press Gazette:
UK's Independent pulls story criticizing Turkey's President over concerns for reporters' safety in country, say they were not pressured by Turkish govt to do so
Bloomberg:
Apple agrees to fund a documentary for Cash Money Records, whose artists include Drake, Lil Wayne, Nicki Minaj, Young Money, and more
 Earlier Picks: 
New York Times:
Sources: ex-Fox News Chairman Roger Ailes, ousted over accusations of sexual harassment, is advising Trump ahead of presidential debates
 

 
From Techmeme:

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

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

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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