Top News:


Univision's Isaac Lee on how buying Gawker Media, with brands iconic to millennials, is important to Univision's “young, digital and diverse” future — In many Hispanic homes in the United States, Univision is a constant TV presence and a huge influence.
Discussion:
TVNewser, FishbowlNY, @sulliview, @raju, @sulliview, Politico, New York Magazine and CNNMoney
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Gawker.com site metrics, from launch to closure: over 202K posts peaking at over 70 per day in 2008, 7B pageviews, more — As you may have heard, this week marks the end of gawker.com's operations. If you didn't read it here, you may have read about it in the bushel of eulogies …
Discussion:
New York Times, VentureBeat and Simple Justice


Visitors reaching Gawker.com on its last day of operation, before Univision shutters the site, greeted with ‘F**k It’ message — In true Gawker form, the controversial website said “f— it" on the last day in operation before new owner Univision shuts it down.


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.
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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, The Daily Caller, New York Times, Wall Street Journal and Fortune


The New York Times should pause in its rush to Facebook Live video and reinstitute its traditional standards of quality control — IT'S been just over four months since The New York Times started producing live video for Facebook, but already the scoreboard is flashing. A few earned gold medals.
Discussion:
FishbowlNY, @jayrosen_nyu, @wfederman, @lencosta3rd, @abbieruzicka, @jason_pontin, @elanazak, @dannygroner and @meena_thiru


Sean Hannity, with a primetime Fox audience of 2.5M, veers into the role of Trump adviser, says he “never claimed to be a journalist” — During major inflection points in Donald J. Trump's campaign, the advisers, family members and friends who make up his kitchen cabinet burn …
Discussion:
CNNMoney, Los Angeles Times, Talking Points Memo, bookforum.com, FTVLive, @blakehounshell, Vanity Fair, The Week, New York Magazine, @jonathanmahler, @hadas_gold, @gabrielsherman, @mikeallen, Media Matters for America, @gideonresnick, @jpodhoretz, The Hill, @mlcalderone, @ron_fournier, @enrique_acevedo, @mattyglesias and CNNMoney


Ad tech startup Media.net, which powers contextual ads offered by Yahoo, sells to group of Chinese investors for $900M — The startup, which powers contextual ads offered by Yahoo! and Microsoft's Bing, plans a move akin to a reverse merger that would make it a public company in China.
Discussion:
Forbes, TechCrunch, DomainInvesting.com, Domain Name Wire and Fortune


The blurring of lines between media and tech firms, Silicon Valley's culture of secrecy, and a lack of skepticism and resources make tech reporting difficult — With the lines between media firms and tech firms blurring, coverage of the tech sector presents one of the most profound accountability challenges in modern journalism
Discussion:
@nickconfessore, @emilybell, @om, @krmaher, @adriennelaf, Slate, @jeffkauflin, @harrisj, @carolafrediani, @alexamcmahon, @janebsinger, @tothevictor, @dseetharaman, @g_piechota, @dvcjrnal, @adriennelaf, USA Today and The Awl - Medium

Facebook cuts off new sign-ups to traffic performance tool Domain Insights, creating a headache for new publishers — On the last day of June, Facebook dammed up a stream of audience data that publishers once used to see how their content performed inside Facebook.
Discussion:
ValueWalk


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:
SI.com, CNN, CNNMoney, @johnbranchnyt, @liamstack, @jayrosen_nyu, TVNewser and Complex


New editor of ESPN's The Undefeated Kevin Merida on leading a startup sports news site, video efforts, covering racially charged issues like police violence — Yes, Friday brought extensive Summer Olympics coverage, notably the ad nauseam, 24/7 mini-soap opera of the dissembling U.S swimmers …