Mediagazer: Viacom's future still up in the air after management shake-up: firm must boost key businesses, decide whether to sell a stake in Paramount or recombine with CBS (Hollywood Reporter)

8:45 AM ET, August 21, 2016

Top News:

James Rainey / Variety:

Viacom formally announces settlement: Phillippe Dauman ousted, will be non-executive chairman until Sept. 13, Tom Dooley serves as CEO at least through Sept. 30 — It took two days longer than expected, but Shari Redstone's victory finally received a stamp of official approval.

Hollywood Reporter:

Viacom's future still up in the air after management shake-up: firm must boost key businesses, decide whether to sell a stake in Paramount or recombine with CBS — Turning around ratings and ad momentum at key networks and boosting Paramount's financials are among the items on the to-do list …

Discussion: New York Times, New York Times, Wall Street Journal, Fortune and Vanity Fair

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 …

Peter Sterne / Politico:

Univision exec Isaac Lee addresses Gawker Media staff in New York; Nick Denton gets $16,666/month for two-year non-compete and non-solicitation agreement — Univision executive Isaac Lee was in New York on Friday to address employees at Gawker Media, the digital media company that Univision agreed …

Discussion: Hollywood Reporter, @sparkyrandles, Awful Announcing, @petersterne, MediaShift, @anthony and Poynter

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.

Discussion: New York Post, Newser, The Baffler, bookforum.com, @tomkludt, @davidfolkenflik, Guardian, @dlboardman, MediaVidea, Gawker, Washington Post, Univision and Talking Points Memo

Matt Drange / Forbes:
Former Gawker editor A.J. Daulerio condemns Peter Thiel for funding lawyers to chase his “meager assets”

Discussion: @benjaminnorton, @mattyglesias, @trevortimm, @oliverburkeman and @dangillmor

Sandra Upson / Backchannel:

After releasing emails from Turkish political party AKP containing malware, WikiLeaks says it will continue not redacting archives for “accuracy” — It's alarmingly easy to visit WikiLeaks' email database from Turkish political party AKP and come away infected with malicious code.

Discussion: @stevenlevy, @digiphile and @jamesgibney

Brian Stelter / CNNMoney:

Two Ailes assistants left Fox News this week, and contract hasn't been renewed for private eye and on-air contributor Bo Dietl — The Fox News housecleaning continues. — Two more executives closely associated with ex-chairman Roger Ailes, Brigette Boyle and Nikole King, left the network this week.

Discussion: The Daily Beast, @gabrielsherman, @brianstelter, @brianstelter, TVNewser, FTVLive, New York Daily News, Mediaite and Inside Cable News

Jeffrey A. Trachtenberg / Wall Street Journal:
HarperCollins still plans to publish Roger Ailes' memoir, depending on how frank he is; it's unclear if an NDA prevents him from discussing his ouster from Fox

Discussion: @jbflint, @brianstelter, @asharma, FTVLive and @gabrielsherman

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

Discussion: Guardian, @robertmackey, New York Times, @maggienyt, FishbowlDC, @mspackyetti, Broadcasting & Cable and NPR

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 …

Discussion: Fortune, AOL, Android Authority, TechCrunch, Forbes, Engadget, AppleInsider, The Verge, @pkafka, @hannahjkarp, @melanielisa, @donal888, @toddjolmstead and @wsj

Michael Wolff / Hollywood Reporter:

Inside the Murdoch family tensions over the future of Fox News, with sons looking to emulate CNN, Rupert looking to preserve Ailes' legacy — Rupert Murdoch is in charge, but his promotion of two network veterans despite a widening harassment probe (and over his sons' doubts) …

Discussion: @thr

Richard Sandomir / New York Times:

Ryan Lochte's Evolving Story Faced Little Resistance From NBC — NBC, the exclusive television home of the Olympics, became the exclusive repository of the Olympic swimmer Ryan Lochte's dubious tale of a gunpoint robbery in Rio de Janeiro last Sunday morning.

Discussion: CNNMoney, @johnbranchnyt, @jayrosen_nyu, @liamstack and Complex

Janko Roettgers / Variety:

Samsung to Close Milk Music on September 22 — Samsung is finally pulling the plug on its Milk Music streaming service: The company started to notify users of Milk Music Friday that it will shut down the service on September 22. Samsung told existing users to instead switch to Slacker, which has been powering Milk since its launch.

Discussion: Samsung Newsroom, Android Central, Android Authority, The Verge, Engadget and ZDNet

Kimberly Dozier / The Daily Beast:

Pentagon settles with Navy SEAL who wrote the book “No Easy Day” about the Osama bin Laden raid; author will pay $6.7M — Four years after a former Navy SEAL was threatened with prison for writing about the Osama bin Laden raid, the Pentagon has dropped its claim …

Discussion: New York Times, NPR, The Verge, CBS News, The Sun, Daily Mail and Washington Post

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Sydney Ember / New York Times:
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From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours

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