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, NPR, 9to5Mac, SoundCloud press releases, The Drum, RAIN News, BetaNews, Mashable, Engadget, Business Insider, Deadline, hypebot, The Verge, Variety, @martinsfp, 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
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 FADER, PAPERMAG, hypebot, New York Magazine, Fortune, The Verge, Variety, The Awl, Recode, Variety, @rmac18, @joshsternberg, @danprimack and TechCrunch
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, @dmccabe, Wired, @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
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, Washington Post, Splinter, Politico, Associated Press, Business Insider, Columbia Journalism Review, TVNewser, The New York Observer, Vanity Fair, @realjeffreylord, @grynbaum, Inside Cable News, The American Spectator, 105.9 FM and AM 630, Newser, The Wrap, Media Law Prof Blog, @brianstelter, Media Matters for America, TVNewser, Refinery29, @brianstelter, Mashable, Variety, @goldietaylor, @existentialfish, USA Today, @brianstelter, The Daily Caller, New York Times, Fortune, The Week, @annefrankcenter, New York Magazine, The Hill, @jfagone, @yashar, @sarahcuda, @pkafka, Washington Post, @blakehounshell, @davidfolkenflik, @mlcalderone, @mlcalderone, @yashar and @brianstelter
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 »
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, @carrasquillo, @buzzfeednews, Washington Post, Mediaite, Business Insider, @veralynmedia, @wesleylowery, @lpolgreen, @profpasha, Washington Times, The Wrap, AOL and TVNewser
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
Discussion:
NPR
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
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
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
Winona Daily News:
Bernetta Kouba retires, at 91, after a five-year stint delivering newspapers for The Winona Daily News in Minnesota — If she isn't working, Bernetta Kouba hardly knows what to do with herself. — A divorcee and a mother of three, Kouba spent 20 years in the finance department at City Hall.
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 Fortune
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
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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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
Bill O'Reilly debuted a 30-minute online news show for paid subscribers on Wednesday night, made available for free on Thursday
Discussion:
Media Matters for America, The New York Observer, Bill O'Reilly, Variety, @billoreilly, The Wrap, Deadline, TVWeek.com and Mediaite