Top News:
Josh Constine / TechCrunch:
SoundCloud closes new funding round led by Raine Group and Temasek; 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. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him.
Discussion:
SoundCloud, Deadline, BetaNews, Business Insider, Variety, Mashable, Engadget, @martinsfp, hypebot, The Verge, Fortune 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:
The Awl, New York Magazine, The FADER, Motherboard, Variety, Fortune, PAPERMAG, hypebot, Variety, The Verge, Recode, @rmac18, @joshsternberg, @danprimack and TechCrunch
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:
@ericmgarcia, @mattwilstein, @jamesfallows, @markfollman and The Daily Beast
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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:
Mediaite, Vox, Politico, The New York Observer, @realjeffreylord, Splinter, Associated Press, Columbia Journalism Review, The American Spectator, @grynbaum, Talking New Media, @brianstelter, Washington Post, Inside Cable News, Business Insider, The Wrap, TVNewser, Newser, Media Matters for America, The Times of Israel, Media Law Prof Blog, @brianstelter, @goldietaylor, Variety, @brianstelter, New York Times, @brianstelter, Radio and TV Talk, @annefrankcenter, Mashable, Vanity Fair, USA Today, TVLine, The Daily Caller, The Hill, Fortune, @jfagone, The Week, @existentialfish, @yashar, @sarahcuda, @pkafka, Washington Post, @blakehounshell, New York Magazine, @davidfolkenflik, @mlcalderone, @mlcalderone and @yashar
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:
Mediaite, AOL, Mother Jones, @drudge_report, @lpdonovan, @tarapalmeri, @politico, @oliverdarcy, @jacobkornbluh and Splinter
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
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
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, more at Techmeme »
Benjamin Mullin / Poynter:
A look at Guam's biggest daily paper, the Gannett-owned Pacific Daily News, a 20-person outlet whose traffic now doubles when it posts a story on North Korea — Dana Williams has covered a lot of disasters during her three-decade career as a reporter and editor. — Hurricanes in Florida.
Discussion:
CNN, Media Matters for America, BUSTLE, @justinwingerter, KTLA, New York Magazine, @newsbyschmidt, @deepakadk, @cait_duffy, @benmullin, The Week and The Daily Caller
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:
The Guardian, FierceCable, Hollywood Reporter, The Daily Caller, Sputnik International, CNET, Fortune, Mashable, The Verge, Business Insider and Decider, 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 …
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.
Associated Press:
Don Alhart, now in his 51st year on-air at WHAM-TV in Rochester, officially holds the world record for longest career as a TV news broadcaster — https://apnews.com/8b9980282af4405e91de 5ba6d9d3bcde — Link copied! — ROCHESTER, N.Y. (AP) — This just in: A New York television news …
Discussion:
@ap_oddities
Daniel Funke / Poynter:
Parse.ly reaches profitability and raises $6.8M in Series B funding led by Grotech Ventures and Blumberg Capital — Heads-up, Chartbeat, one of your competitors is growing — and it's growing fast. — Parse.ly, an analytics platform used by several different news organizations …
Discussion:
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