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 …
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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 …
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 …
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Wall Street Journal, Media Matters for America, Washington Post, CNN, Mediaite, @brianstelter, NBC News, Fortune, TIME, Politico, Vanity Fair, emptywheel, The Week, The New York Observer, Boing Boing, The New Civil Rights Movement, Mother Jones, Talking Points Memo, New York Magazine, @seanimageking, Associated Press, @ggreeneva, @taniel, @christinawilkie, @igorbobic, Guardian, @benshapiro, BBC, @benshapiro, Daily News Bin, @anthony, The Daily Caller, Refinery29, Los Angeles Times, Forbes, Reynolds Center, The Wrap and The Daily Beast
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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.
Discussion:
Fortune
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 …
Discussion:
CNNMoney, The Wrap, Washington Post, Vox, Wonkette, The Week, Reuters, @ggreenwald, @ezraklein, Mediaite, Boing Boing, Politico, NewsMax.com, New York Magazine, @braddjaffy, Fortune, @gabrielsherman, @karaswisher, @ashleyrparker, Gothamist, Newser, @dylanbyers, CNNMoney, The Huffington Post, Ad Age, Jezebel, Talking Points Memo, Vanity Fair, @richlowry, @annkillion, @daveweigel, @philipsturner, The New Civil Rights Movement, Variety, Media Matters for America, @juddlegum, @ddale8, @sopandeb, @maggienyt, Business Insider, TVNewser, @gabrielsherman and Mother Jones
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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:
Business Wire, TechCrunch, Fortune, Deadline, New York Times, Bloomberg, GeekWire and Publishers Weekly
Bloomberg:
Apple agrees to fund a documentary for Cash Money Records, whose artists include Drake, Lil Wayne, Nicki Minaj, Young Money, and more — Deal with Cash Money expands Apple's effort to develop TV programming. — Apple Inc., the world's richest company, is making a documentary with Cash Money Records …
Discussion:
Music Business Worldwide, 9to5Mac, AppAdvice.com Latest, @awallenstein, hypebot, MacRumors, @markgurman, @lucas_shaw, AppleInsider and Billboard
Drew Harwell / Washington Post:
How Tastemade and its 1K freelancers attracted investors and brands with videos on Facebook and Snapchat, becoming fifth-most-watched Facebook video publisher — SANTA MONICA, Calif. — With the solemnity of a priest, Tastemade programming chief Oren Katzeff paces near his TV-grade studio kitchen …
Discussion:
@postbaron, @drewharwell, @stevesaldivar, @dpaqreport and @bskogrand
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 — Get Mic daily: — Cheddar, the video streaming service that broadcasts live from the New York Stock Exchange, is bringing …
Thanks:@jonsteinberg
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.
Press Association:
Under UK terror laws, authorities found they could not force YouTube, Twitter, to remove posts by ISIS-supporting cleric Anjem Choudary — British authorities had no power to force social media giants to take down material, hate preacher's trial heard — Social media giants had the last word …
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 — The Independent pulled a comment piece that was critical of Turkey's government over concerns about the safety of its reporting staff …
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, Broadcasting & Cable, @davidcrosss, VatorNews, Vanity Fair, The Hill, CNBC, Fortune, Los Angeles Times, Adweek, Techdirt, NBC News and Hit & Run, Thanks:@taylorbuley
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