Top News:
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 — CNN severed ties with Jeffrey Lord on Thursday, hours after he ignited controversy by tweeting the words “Sieg Heil!” at a prominent liberal activist.
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@realjeffreylord, The American Spectator, @brianstelter, @grynbaum, TVNewser, New York Times, @brianstelter, @brianstelter, Mediaite, The Hill, @annefrankcenter, Media Matters for America, The Wrap, USA Today, @goldietaylor, Washington Post, @brianstelter, The Times of Israel, Washington Post, @yashar, Vanity Fair, Radio and TV Talk, @pkafka, @davidfolkenflik, @blakehounshell, The Week, @existentialfish, @sarahcuda, Variety, @jfagone, Mashable, @mlcalderone, Splinter, TVLine, @mlcalderone, @yashar, Business Insider, The Daily Caller, Fortune 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:
@matthewnussbaum, @sulliview, @matthewnussbaum, @oliverdarcy, @ehananoki and @oliverdarcy
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Jeremy Barr / Hollywood Reporter:
Bill O'Reilly debuted a 30-minute online news show for paid subscribers on Wednesday night, made available for free on Thursday — The ousted Fox News host has debuted an experimental, 30-minute-long online news show for paid subscribers. — It's not Fox News, but it'll do for now.
Discussion:
Bill O'Reilly, Variety, CNNMoney, @billoreilly, TVWeek.com, Deadline, The Wrap, Mediaite, Fast Company, The Wrap, The Hill, The New York Observer, @jeremymbarr and @jeremymbarr
Peter Kafka / Recode:
Under terms of proposed new funding deal for SoundCloud, former Vimeo CEO Kerry Trainor would replace Alex Ljung as CEO, who would stay on as chair of the board — Investors want to replace founder Alex Ljung with former Vimeo CEO Kerry Trainor. — Investors want to replace the CEO of SoundCloud …
Discussion:
Business Insider, 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 — Tomorrow is do or die for SoundCloud, the struggling streaming music company that recently laid off 40% of its staff despite having raised over $230 million in venture capital.
Discussion:
The Verge, Variety, The FADER, @rmac18, TechCrunch, @joshsternberg and @danprimack, 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 16%+ after hours — Snapchat's parent hurt by intensifying competition from larger rival Facebook — Snap Inc. on Thursday said its loss nearly quadrupled …
Discussion:
The Wrap, @kurtwagner8, The Wrap, TechCrunch, Digiday, Ad Age, Variety, Adweek, The Wrap, Bloomberg, TechCrunch, New York Times, Fortune, @nytmedia, Forbes, Recode, Business Wire and AdExchanger, more at Techmeme »
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
Todd Spangler / Variety:
Adam Ostrow, Mashable's chief strategy officer and board member, leaves to become chief digital officer for local broadcasting and media company Tegna — Tegna, the local TV broadcasting and media company that spun out from Gannett, has hired Adam Ostrow — who was the second employee hired …
Discussion:
Broadcasting & Cable, TVSpy and Radio & Television …
Shan Wang / Nieman Lab:
Maynard Institute debuts new diversity initiatives, hopes to assist 200 journalists of color through the industry over next five years — It's bringing on new funders and announced plans to develop new cultural competency trainings and a multi-year effort to support and move through …
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, CNET, The Verge, Business Insider, Mashable and Decider
Amy Caren Daniel / Reuters:
News Corp misses Q4 targets with a net loss of $430M and revenue of $2.08B, down 7% YoY, with print ad revenue down 12% and subscription revenue down 9% YoY — (Reuters) - News Corp (NWSA.O) reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising.
Discussion:
News Corp, CNBC and Talking Biz News
Steven Perlberg / BuzzFeed:
Profile of Josh Raffel, a 33-year-old White House spokesman who handles PR for Jared Kushner and Ivanka Trump — When reporters are working on stories that involve Jared Kushner and Ivanka Trump, they hear from Josh Raffel, a tough, former New York City flack now inside the White House.
David Uberti / Splinter:
61% of BuzzFeed News staffers identify as white, down from 69% two years ago, while the number of Hispanic employees has stagnated, according to company data — BuzzFeed News' staff is generally becoming more representative of the communities it aims to cover and the audiences it tries to reach …
Discussion:
@daviduberti, @daviduberti, @mattmittenthal and @daviduberti
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