Top News:
Josh Constine / TechCrunch:
SoundCloud closes $169.5M Series F funding round led by Raine Group and Temasek to stay afloat; former Vimeo CEO Kerry Trainor replaces Alex Ljung as CEO — SoundCloud has just closed the necessary funding round to keep the struggling music service afloat.
Discussion:
SoundCloud, 9to5Mac, SoundCloud press releases, RAIN News, Deadline, BetaNews, Mashable, Engadget, Business Insider, The Drum, Variety, @martinsfp, hypebot, The Verge, The Week and The FADER, more at Techmeme »
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Dan Primack / Axios:
Memo: SoundCloud asks investors to approve reorganization proposal; if accepted, new $170M round will close Friday at pre-money valuation of $150M
Discussion:
deutsche-startups.de, The Verge, The FADER, PAPERMAG, New York Magazine, Variety, Variety, hypebot, Fortune, Recode, The Awl, TechCrunch, @rmac18, @joshsternberg and @danprimack
Charlie Warzel / BuzzFeed:
“This Is Just Like GamerGate”: How The Pro-Trump Media Turned James Damore Into A Hero Overnight — A week ago, James Damore was anonymous. Now, the Google engineer who lost his job after he wrote a viral anti-diversity screed has become an icon of the alt-right …
Discussion:
Recode, Wired, @dmccabe, @oliviasolon, @michellerafter, @walldo, @cwarzel, @crschmidt, @juliacarriew, @jeffgiesea, The Daily Caller, VentureBeat, Vox, Business Insider, bookforum.com, Forbes and Memex 1.1, more at Techmeme »
Margaret Sullivan / Washington Post:
The departures of Lord and McEnany from CNN show that the network has made too many indefensible hires in the name of evenhandedness — With the departures of Jeffrey Lord and Kayleigh McEnany, CNN has suddenly become a less annoying cable network. — That's the good news.
Discussion:
The Daily Beast, @ericmgarcia, @jamesfallows, @markfollman and @mattwilstein
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Brian Stelter / CNNMoney:
CNN cuts ties with commentator Jeffrey Lord after he replies “Sieg Heil!” in a Twitter discussion with the president of Media Matters for America
Discussion:
@realjeffreylord, Mediaite, The American Spectator, @brianstelter, Politico, Splinter, Vox, TVNewser, Vanity Fair, Associated Press, @grynbaum, Washington Post, Business Insider, @brianstelter, Columbia Journalism Review, The New York Observer, TVNewser, @existentialfish, The Wrap, Media Matters for America, @annefrankcenter, @brianstelter, Inside Cable News, Newser, 105.9 FM and AM 630, @goldietaylor, Refinery29, Media Law Prof Blog, New York Times, Mashable, Variety, The Week, @yashar, The Hill, USA Today, @jfagone, @sarahcuda, @pkafka, Washington Post, The Daily Caller, @blakehounshell, Fortune, @davidfolkenflik, @mlcalderone, @mlcalderone, @yashar, @brianstelter and New York Magazine
Oliver Darcy / CNNMoney:
How Fox News rushed to publish a story about Seth Rich that it later retracted, with key source and Fox News pundit Rod Wheeler later suing the network — This is why the Seth Rich conspiracy won't disappear — For more than two months, Fox News has declined to explain the story behind …
Discussion:
Vanity Fair, Inside Cable News, @sulliview, @matthewnussbaum, @matthewnussbaum, @oliverdarcy, @ehananoki and @oliverdarcy
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BuzzFeed:
About 10 activists turn their backs on Trump aide Omarosa Manigault during tense panel at the National Association of Black Journalists conference — “Walking into a room where you get shut down does not open a line of communication so change can happen," said one of the top African-American officials in the White House.
Discussion:
Page Six, NPR, @lexistv, Washington Post, @carrasquillo, @buzzfeednews, Mediaite, Business Insider, @veralynmedia, @wesleylowery, @lpolgreen, @profpasha, Washington Times, The Wrap, AOL and TVNewser
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Steven Perlberg / BuzzFeed:
Profile of Josh Raffel, a 33-year-old White House spokesman who handles PR for Jared Kushner and Ivanka Trump
Discussion:
Refinery29
Paul Mozur / New York Times:
Source: Facebook approved the stealthy release of app similar to Moments in China via a local company that appears to be closely linked to Facebook — SHANGHAI — Facebook and many of its apps have been blocked in China for years. To change that, Mark Zuckerberg has made a big point …
Discussion:
The Verge, The Next Web, Fortune, The Daily Caller, Business Insider, Engadget, Wall Street Journal, Mashable and Axios, more at Techmeme »
Georgia Wells / Wall Street Journal:
Snap reports Q2 revenue of $182M vs. $186.8M expected, DAUs grow 7.3M vs. 8M expected, reaching 173M, and loss grows to $443M; stock down 12%+ — Snapchat's parent hurt by intensifying competition from larger rival Facebook — Snap Inc. on Thursday said its loss nearly quadrupled …
Discussion:
Digiday, @kurtwagner8, The Wrap, New York Times, The Wrap, The Atlantic, TechCrunch, The Wrap, Variety, Ad Age, Adweek, TechCrunch, Recode, Peter O'Kelly's Reality Check, Fortune, Forbes, @nytmedia, Bloomberg, Business Wire and AdExchanger
Tara Palmeri / Politico:
Breitbart's campaign against national security adviser H.R. McMaster seems to have done more damage to Steve Bannon — The chief White House strategist is increasingly isolated in the West Wing as new chief of staff John Kelly tries to clamp down on negative news stories.
Discussion:
@lpdonovan, Mediaite, @oliverdarcy, @drudge_report, @jacobkornbluh, @tarapalmeri, @politico, Mother Jones, AOL and Splinter
Chicago Tribune:
Jim Kirk, editor/publisher of Sun-Times, joins Tronc, parent of the Chicago Tribune, less than a month after local investors bought the Sun-Times — Jim Kirk, publisher and editor-in-chief of the Chicago Sun-Times, is joining Chicago Tribune parent Tronc as senior vice president of strategic initiatives.
Discussion:
Chicago Sun Times
Lucas Shaw / Bloomberg:
Online radio company TuneIn raises $50M in round led by Marker LLC, IVP, and Comcast Ventures; the deal values TuneIn at $500M, a source says — Funding round is led by Marker, IVP and Comcast Ventures — Latest deal is said to value company at about $500 million
Michael Calderone / HuffPost:
Lawyer for Yashar Ali demands Fox News host Eric Bolling dismiss his lawsuit against Ali for HuffPost story claiming Bolling sent lewd photos to colleagues — She called Eric Bolling's $50 million defamation claim against Yashar Ali “utterly devoid of merit.”
Discussion:
New York Times, Hollywood Reporter, Washington Post, The Hill, Variety, Deadline, TVWeek.com, Inside Cable News and techdirt.com
Sara Fischer / Axios:
BuzzFeed's live Twitter morning show, premiering September 25 and called AM to DM, will aim to break news in real time — BuzzFeed's live Twitter morning show — premiering September 25 and called “AM to DM” — will aim to break news in real time in a way that's like television, but produced for digital audiences and consumption.
Discussion:
Variety and Broadcasting & Cable
Bloomberg:
Sources: Verizon's new online TV service is delayed due to lack of deals with content owners, executive turnover and internal discussions over service specifics — Company planned to offer live web service by late September — Carrier is still shaping strategy amid turnover on media team
Discussion:
Multichannel News, FierceCable and Engadget
Todd Spangler / Variety:
After 14 years at Viacom, Sarah Iooss is joining Mic as executive VP of revenue to expand branded-content offerings — Sarah Iooss, after 14 years at Viacom, is joining digital-media company Mic as executive VP of revenue. — At Mic, she will oversee the sales team and market-facing products …
Discussion:
Adweek
Andrew Wallenstein / Variety:
Leaked email: HBO offered hackers who stole scripts, shows, and employee info a $250K bug bounty; source says the message was an HBO stalling tactic — The HBO hacker has struck yet again. — Variety has obtained a copy of another message released Thursday by the anonymous hacker …
Discussion:
Hollywood Reporter, The Guardian, FierceCable, The Daily Caller, CNET, The Verge, Fortune, Mashable, Business Insider and Decider, more at Techmeme »
Cynthia Littleton / Variety:
Research analyst says “Unite the Right” rally in Charlottesville was timed with city's removal of confederate statue to use media coverage as recruitment tool — The turnout of white nationalists that sparked violence in Charlottesville, Va., this weekend reflects an alarming level …
Discussion:
Mediaite, Deadline, @wexler and The Daily Caller
Paul Bond / Hollywood Reporter:
Fox News competitors like The Blaze, Newsmax, and OANN seek to steal Fox viewers as the network goes through a tumultuous period — Glenn Beck's The Blaze, Newsmax TV, One America News Network and others are among the challengers: “There's no Pepsi to FNC's Coke yet.”
Discussion:
@marklevinshow
Richard Horgan / Adweek:
AMI's Men's Fitness will go all-digital in November as print subscriptions are switched over to newly acquired Men's Journal — At AMI, print is alive and well — The next watershed for Men's Journal, the 25-year-old monthly glossy acquired earlier this year by American Media Inc. from Wenner Media, will be the November 2017 issue.
Discussion:
Mediawire
Nyshka Chandran / CNBC:
Chinese regulators are investigating Tencent's WeChat, Baidu's Tieba, and Sina Weibo for user-generated content that “endangers national security” — - Tencent, Baidu and Sina Weibo are being investigated by Chinese cyber-security regulators for potential violations
Discussion:
Axios, TechCrunch, Reuters and BBC
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