Mediagazer: Subscription video news startup Cheddar raises $10M Series B, led by Lightspeed Venture Partners and including Comcast Ventures and Ribbit Capital (Jon Steinberg/Cheddar)

4:30 PM ET, September 6, 2016

Top News:

Sarah Ellison / Vanity Fair:

Sources: Fox settles Ailes harassment suit with Gretchen Carlson for $20M, has also reached settlements with two other women — Act II of the Ailes saga may have just begun. — It has been exactly two months since Gretchen Carlson, a former Fox News anchor, sued her old boss, Roger Ailes, for sexual harassment.

Discussion: 21st Century Fox, New York Times, New York Magazine, @gabrielsherman, Washington Post, Mediaite, Politico, Hollywood Reporter, FishbowlDC, Gothamist, Media Matters for America, @johnmcquaid, The Wrap, CNNMoney, The Huffington Post, USA Today, Newser, NPR, Inside Cable News, Quartz, @bullcityva, MediaFile, Financial Times, Business Insider, The Drum, Variety, Fortune, @markberman, @thr, Mashable, @kyletblaine, @brianstelter, Jezebel, New Urban Legends, Techdirt, Crain's New York Business, Guardian, @jamilsmith, @gregorg, Mother Jones, Talking Points Memo, @shepmcallister, @pgourevitch, @msgoddessrises, @davidcorndc, @kylegriffin1, @mattyglesias, @edmundlee, @lpolgreen, @erikwemple, @kairyssdal, @jaymishkin, @johnmcquaid, @billkristol, @jasonabbruzzese, @existentialfish, @gabrielsherman, @erikwemple, @elongreen, @mlcalderone, @emilyareinhardt, @stevesilberman, @sunnyright, @brianstelter, NetNewsCheck Latest, NECN, iMediaEthics, LawNewz, The Week, Deadline, Fast Company, TVNewser, FishbowlNY, Newsy, Broadcasting & Cable and AOL

Hadas Gold / Politico:

21st Century Fox confirms it has reached a settlement with Gretchen Carlson and issues a public apology to her — Company will pay $20 million to settle suit — 21st Century Fox is settling a lawsuit brought by former Fox News anchor Gretchen Carlson for $20 million, according to a Vanity Fair report.

Discussion: Financial Times, @gabrielsherman, Media Matters for America, Washington Post, FishbowlDC, @nycsouthpaw, @brianstelter, @simonmaloy, @blakehounshell, @davidfolkenflik, @jayrosen_nyu and The Wrap

Brian Flood / The Wrap:
Roger Ailes is not contributing to the $20M Gretchen Carlson settlement, says his lawyer Susan Estrich

Discussion: @davidfolkenflik, Washington Post, Mediaite, Media Matters for America, @gabrielsherman and @davidfolkenflik

J.D. Durkin / Mediaite:

Fox News anchor Greta Van Susteren abruptly departs network after 14 years — Stalwart network anchor Greta Van Susteren will be leaving Fox News after a tenure of 14 years with the network. — Beginning today, Van Susteren's slot hosting On The Record at 7 p.m. EST will be hosted instead by Brit Hume.

Brian Stelter / CNNMoney:

Sources: Van Susteren tried to renegotiate contract when Ailes left, but when Fox execs refused, she activated contract clause allowing her to exit — Greta Van Susteren, one of the top anchors on Fox News for the past decade, is leaving the cable news channel, effective immediately.

Discussion: Variety and @amy_siskind

Jon Steinberg / Cheddar:

Subscription video news startup Cheddar raises $10M Series B, led by Lightspeed Venture Partners and including Comcast Ventures and Ribbit Capital — Cheddar to expand to full day of linear live programming — Cheddar, the live news and entertainment company, today announced $10 million …

Discussion: Wall Street Journal, Business Insider and @jonsteinberg

Sydney Ember / New York Times:

Joanna Coles, editor-in-chief of Cosmopolitan, promoted to become Hearst's first chief content officer — Not long ago, Joanna Coles was having lunch with David Carey, the president of Hearst magazines, when he suggested she should take on a bigger role at the company.

Discussion: WWD, Adweek, Ad Age, MediaFile, Folio, FishbowlNY, Media Wire Daily, @edmundlee, WWD, Recode, Jezebel, @rachel, @mattgarrahan, @lucas_shaw, @alexandrajacobs, @braddjaffy, @nytimesbusiness, @dylanbyers, @lpolgreen and Fashionista

Kurt Wagner / Recode:

Sources: Twitter's board of directors will meet this Thursday and discuss the company's options, including a potential sale to a buyer like Google or News Corp — Talk of a sale continues to rumble, but finding a buyer won't be easy. — Twitter's quiet summer may soon be coming to an end.

Discussion: SFist, @dbarefootlawyer, @nicolasmagand, @fromedome, @johnrobb, GeekWire, @edmundlee, @stoweboyd, @paul_vestact, @eurosteff, @jeevesmeister, @carlquintanilla, Fortune, @delrey and @psawers

Igor Bobic / The Huffington Post:

Dallas Morning News refuses to endorse GOP nominee for first time since 1964 — The GOP nominee “is not qualified to serve as president and does not deserve your vote.” — The Dallas Morning News, which has endorsed the Republican nominee in every presidential election since 1964 …

Discussion: Dallas Morning News, AOL, Mediaite, @thegarance, Talking Points Memo and FishbowlDC

Jack Marshall / Wall Street Journal:

Washington Post to roll out “lightning fast” mobile site, powered by Google's Progressive Web Apps technology, page load time reduced from 3 secs to 1 — Site will be powered by Google's Progressive Web App technology — The Washington Post says it has a new “lightning-fast” …

Sarah Perez / TechCrunch:

eMarketer: Snapchat will generate $367M in ad revenues this year and $935M in 2017 — A new report out this morning from analysts at eMarketer is forecasting explosive growth for Snapchat's ad revenue by next year. The firm estimates the mobile social application will generate $366.69 million in 2016 …

Discussion: SocialTimes, eMarketer and Newsroom Posts, Adweek and Ad Age

Daniel Lippman / Politico:

Fox News presenter Bret Baier says he's “not comfortable” with former boss Roger Ailes advising presidential candidate Donald Trump — Bret Baier, who is approaching his 20-year anniversary at Fox News, had the only hard news show in August ranked among the top five cable news programs …

Discussion: Mediaite, @jayrosen_nyu, @joshgerstein, @ericboehlert and @dlippman

Sydney Ember / New York Times:

Behind BuzzFeed reorganization: clarify reporting lines, lessen tension between Ze Frank's video division and Ben Smith's unit by giving news its own video team — Staff meetings at BuzzFeed are not uncommon. Jonah H. Peretti, the site's founder and chief executive, who is based in Los Angeles …

Discussion: @mlcalderone, Media Wire Daily, @johngapper, @michelledean, LA Observed, Digiday, @nisalahe, @mattdpearce, @gabrielsnyder, @mdudas, @dkthomp, @lmoses, @raju, @pkafka, @katierosman, @steverubel, @macloo and @jayrosen_nyu, Thanks:@steverubel

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Sarah Perez / TechCrunch:
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Discussion: VentureBeat, Business Wire and The Verge

Natalie Jarvey / Hollywood Reporter:
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Mark Sweney / Guardian:
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Michael Calderone / The Huffington Post:
After Chris Wallace says it's not his job to “truth squad” during presidential debate, questions are raised over whether moderators should fact-check candidates

Discussion: @kalhan, @downwithtyranny, @juddlegum, @rvawonk, @susannamatte, @juddlegum, Mediaite and @johnrussell99

Johanna Dunaway / Shorenstein Center:
Study: limitations of mobile devices including slow connections, small screens, and variable data costs are contributing to a digital divide in news consumption

Discussion: @msidealab, @shorensteinctr and @shorensteinctr

Benjamin Mullin / Poynter:
With Knight Foundation funding, University of Nebraska professor and BuzzFeed Open Lab fellow release open-source guide to drone journalism

Matthew Garrahan / Financial Times:
Ailes hires Hollywood libel lawyer Charles Harder, who represented Hulk Hogan in Gawker case, to take on New York Magazine after exposé of his Fox News tenure

Discussion: New York Times, Fortune, @talrosenberg, @gabrielsnyder, @hadas_gold, Business Insider, FishbowlNY, Politico, @jacobwe, LawNewz, CNNMoney, @davidfolkenflik, @brianstelter and @nicknotned

From Techmeme:

Bloomberg:
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Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M

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