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11:20 PM ET, August 19, 2016

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 Top News: 
Max Read / New York Magazine:
Former Gawker EIC Max Read reflects on who really caused Gawker's demise, pointing to Nick Denton, A.J. Daulerio, Peter Thiel, himself, and others  —  Or was it Nick Denton?  Hulk Hogan?  Peter Thiel?  Or the internet?  —  It feels a bit strange to say this now, but in the spring of 2014 …
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Matt Drange / Forbes:
Former Gawker editor A.J. Daulerio condemns Peter Thiel for funding lawyers to chase his “meager assets”  —  A.J. Daulerio, the ex-Gawker editor who wrote the 2012 story that originally included an excerpt of the Hulk Hogan sex tape he and his employer were successfully sued over, lashed out at Peter Thiel on Thursday.
Tom Kludt / CNNMoney:
Gawker staffers Pareene, Nolan, Feinberg, and Sargent are moving to Deadspin; Trotter, Galperina, and Hongo go to Gizmodo, while others join Jezebel  —  If there is a silver lining for writers and editors at Gawker Media's flagship site, which will cease operations next week, it's that, for now, they still have jobs.
Philip Bump / Washington Post:
Gawker.com incubated writers who wrote with fearlessness and style, influencing broader web
J.K. Trotter / Gawker:
Gawker.com announces it will shut down next week, after nearly 14 years of operation
Margaret Sullivan / Washington Post:
Gretchen Carlson is close to settling sexual harassment case against Roger Ailes, but she should go to court to keep issues she exposed in the public eye  —  For Gretchen Carlson, a big settlement in her sexual harassment lawsuit against Roger Ailes might be the best outcome personally.
RELATED:
Hannah Karp / Wall Street Journal:
Sources: Pandora nears licensing deals with major record companies for on-demand streaming; $10 per month would give subscribers unlimited access to tracks  —  The internet radio service is aiming to start offering new paid tiers as soon as next month  —  Pandora Media Inc. is aiming …
Bloomberg:
Sources: Viacom-Redstone battle ends with CEO Philippe Dauman stepping down with $72M severance package and COO Tom Dooley serving as interim CEO  —  COO Tom Dooley to take over as interim chief executive officer  —  Media company's directors have pressed the combatants for deal
Financial Times:
Vevo is seeking to raise up to $500M, hired Goldman Sachs for help  —  Vevo, the online music video service owned by the world's largest record labels, has hired Goldman Sachs to secure up to $500m of capital from new investors, according to three people briefed on the plans.
Discussion: Variety, Tubefilter and Reuters
The Daily Beast:
Milo Yiannopoulos raised $100K-$250K for college scholarships for white men but has given away nothing; lawyers are now drafting charity paperwork, he says  —  The alt-right icon promised to give scholarships to white men, but almost a year later he still hasn't filed with the IRS or handed out a penny.
John Cassidy / New Yorker:
Addition of Breitbart's Steve Bannon to Trump's campaign and Roger Ailes' rumored adviser role fuel theory that Trump is laying groundwork for media empire  —  What better way to mark the news that the head of Breitbart.com, the alt-right news site, is now running Donald Trump's campaign than with a conspiracy theory?
 
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 More News: 
Choi Chi-yuk / South China Morning Post:
Beijing tightens control over mainland news sites, says EICs must take full responsibility for any mistakes and all such sites must be monitored 24/7 by staff
Mother Jones:
Prison investigation by Mother Jones staff writer Shane Bauer took over 18 months and cost about $350K; banner ads that ran on the article brought in $5K
 Earlier Picks: 
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
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