Top News:
J.K. Trotter / Gawker:
Gawker.com announces it will shut down next week, after nearly 14 years of operation — After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media's six other websites …
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Benjamin Mullin / Poynter:
In memo, Gawker's Nick Denton says he will not join Univision and is getting out of news and gossip business — Nick Denton, the founder of Gawker.com, toasted the website Thursday in a memo to staff in the wake of the announcement that the site is closing before Univision takes possession of its parent company.
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@jeremymbarr, Mediaite, Forbes, Recode, @rbilton, @mathewi, @gaberivera, @mattdrange, @tomkludt, Business Insider, Fortune and The Week
Philip Bump / Washington Post:
Gawker.com incubated writers who wrote with fearlessness and style, influencing broader web — If this is your first day reading an article on the web: Hello and welcome. If it isn't, you should be aware that much of what you've read on the web to this point has been shaped by the style …
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Univision:
Univision formally announces Gawker Media acquisition for $135M, will not operate Gawker.com — Acquisition of Digital Assets will Reinforce UCI's Digital Strategy and is Expected to Increase Fusion Media Group's Digital Reach to Nearly 75 Million Uniques, Building on Recent Investments in FUSION …
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Politico, TechCrunch, @jeremymbarr, @eriqgardner and Fortune
Todd Spangler / Variety:
Univision wants Gawker Media's blogs to shore up its reach to a younger digital audience ahead of a potential IPO — Univision is the biggest Hispanic media company in the U.S. Why in the world does it want Gawker Media, the aggressively impudent digital publisher that sold itself in a bankruptcy auction?
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Ad Age, Broadcasting & Cable, The Wrap, Media Wire Daily and Reuters
Ken White / Popehat:
Gawker's fate shows the US legal system is receptive to abuse that suppresses speech, and not just from vengeful billionaires — Gawker has occasionally provided quality journalism and entertainment. That doesn't stop me from despising its amoral and repulsive ethos.
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Hit & Run, @jason_koebler, @thelancearthur, @digiphile, @mmasnick, @sdkstl, @kevinwglass and @walterolson
Sydney Ember / New York Times:
The New York Times will retire its NYT Now app starting the week of August 29; at its peak in May 2015, the app had 334K total unique users — In early 2014, The New York Times introduced an app called NYT Now that would provide a curated list of stories — for a lower price …
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Katie Benner / New York Times:
Twitter says it has suspended 235K accounts since February for promoting terrorism, bringing total to 360K since mid-2015 — SAN FRANCISCO — Twitter suspended 235,000 accounts that promoted terrorism over the last six months, as part of a continuing effort to keep people from using …
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Charlie Warzel / BuzzFeed:
Twitter rolls out quality filter setting to all, letting users filter “lower-quality content” from notifications, but it may not stop targeted non-spam abuse — The changes come one week after a BuzzFeed News investigation into Twitter's decade-long failure to stop abuse.
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Charlotte England / The Independent:
Egypt's state broadcaster ERTU suspends eight of its female hosts, ordering them to lose weight, sparking outrage among women's rights groups — Egypt's state broadcaster has suspended eight female television presenters because it says they are overweight.
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Wall Street Journal:
Sources: Gannett sweetens bid for Tronc, which had rejected prior bid of $15 per share and is expected to respond by the end of the week — The new overture comes after Tronc rejected a prior bid of $15 a share — Gannett Co. has privately sweetened its bid for Tronc Inc. …
Vicky Ward / Esquire:
Esquire reporter Vicky Ward reveals that Jared Kushner, owner of The New York Observer, asked that she pursue a retaliatory hit piece on developer Richard Mack — His father-in-law's bid for the White House is in shambles. Is he the man to fix it? — In the spring of 2011 …
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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