Top News:
Ronan Farrow / New Yorker:
Six women accuse CBS CEO Leslie Moonves of harassment, intimidation, and assault between 1980s-2000s; dozens more describe a culture of harassment — Six women accuse the C.E.O. of harassment and intimidation, and dozens more describe abuse at his company.
Discussion:
@juliechen, Ad Age, @newyorker, Variety, People.com, Newser, Bloomberg, @annaholmes, New York Times, The Wrap, @irin, Broadcasting & Cable, @chrislhayes, The Daily Beast, Rapid TV News, @yashar, Observer, @shakestweetz, Business Insider, @jessicayellin, globalnews.ca, Vox, TVLine, Mashable, BloombergQuint, The Ringer, Fortune, TVNewser, KTLA, New York Post, @janicemin, The A.V. Club, Consequence of Sound, Mediaite, Engadget, IndieWire, @ronanfarrow, HuffPost, Awful Announcing, @amyjbrittain, @katherinemiller, NPR, The Verge, Multichannel News, Just Jared, @business, TV Tattle, @awallenstein, @eriqgardner, Adweek and Fast Company
RELATED:
Dade Hayes / Deadline:
Shareholders approve Disney's $71.3B purchase of much of 21st Century Fox — UPDATED with official comment from the companies. At special meetings held simultaneously in New York this morning, Disney and 21st Century Fox shareholders overwhelmingly approved the merger first proposed last December.
Discussion:
Fortune, Variety, Adweek, The Wrap, Tor.com, Washington Post, @henereyg, Variety, Quartz, Wall Street Journal, The Playlist, TechCrunch, Ad Age, /Film, Gizmodo, Mediaite and CNBC
Steven Musil / CNET:
Facebook bans Alex Jones from using his account for the next 30 days after removing four of his videos for violating its community standards — Alex Jones, the founder, owner and star of conspiracy site Infowars has been suspended by Facebook — and may face harsher consequences.
Discussion:
CNBC, Mediaite, Slate, @oliverdarcy, The Verge, The Ringer, Mashable, Tubefilter, Nieman Lab, The Guardian, New York Post, Contemptor, CNNMoney, Variety, Motherboard, @slpng_giants, Business Insider, @oliverdarcy, The Hill, ThinkProgress, Ars Technica, Fortune, @cwarzel, Gizmodo, Engadget, TechCrunch and Ad Age
Yashar Ali / HuffPost:
Sources: Kimberly Guilfoyle left Fox News involuntarily following an HR investigation into allegations of inappropriate behavior — Sources tell HuffPost that Guilfoyle, who is dating Donald Trump Jr., engaged in emotionally abusive behavior and showed colleagues personal photos of male genitalia.
Discussion:
The Daily Beast, Media Matters for America, Observer, Washington Post, Slate, The Wrap, TVNewser, Contemptor, The Daily Caller, Mediaite, @lpolgreen and @ashleyfeinberg
Pew Research Center:
Average audience for Univision and Telemundo evening newscasts declined 6% in 2017; circulation at three Hispanic daily papers fell 18%, +/-5% at black papers — MORE FACT SHEETS: STATE OF THE NEWS MEDIA — News media made by and for the two largest racial/ethnic minority groups in the United States …
Discussion:
Nieman Lab, @raju and Philly.com
Kashmir Hill / Gizmodo:
How a fake story on a “grudge-settling” site ruined a realtor's reputation and finances over a comment about a news story on Facebook that offended a stranger — Monika Glennon has lived in Huntsville, Alabama, for the last 12 years. Other than a strong Polish accent …
Discussion:
@dylanmatt and @felixsalmon, more at Techmeme »
Mark Brown / The Guardian:
Study: movies with the emotional arc of “man in a hole”, a fall followed by a rise, result in box office success irrespective of genre and budget — ‘Man in a hole’ story arc - a fall followed by a rise - found to be most commercially successful
Tony Romm / Washington Post:
White House confirms it is working on a consumer privacy policy proposal; sources: WH had 22 meetings with 80 organizations including Facebook, Google, and AT&T — The Trump administration is crafting a proposal to protect Web users' privacy, aiming to blunt global criticism that the absence …
Discussion:
Politico, Slate, AdExchanger, Washingtonian, @ericgeller, Mediaite, Engadget and 9to5Mac, more at Techmeme »
Claire Boston / Bloomberg:
SEC filing: MoviePass ran out of money and couldn't cover the bills causing service outage on Thursday, had to take out short term $6M+ loan due in early August — Helios and Matheson Analytics Inc., the parent company of MoviePass, received a short-term loan for more than $6 million …
Discussion:
Business Insider, CNNMoney, Business Insider, Gothamist, BGR, The A.V. Club, Fortune, Paste, KTLA, @tomgara, @mgsiegler, @jasonguerrasio, Variety, @udiwertheimer and @tictoc, more at Techmeme »
Michelle Castillo / CNBC:
Twitter closes down more than 20% after company reports 1M QoQ decline in monthly active users — - Monthly active users (MAUs): 335 million vs. 338.5 million, according to StreetAccount and FactSet estimate — Twitter shares plummeted 14 percent pre-market Friday after the company reported …
Discussion:
Digiday, Android Police, NPR, Ad Age, The Daily Caller, The Drum, Bloomberg, Fast Company, 9to5Google, @twitterir, Axios, Hollywood Reporter and Recode, more at Techmeme »
RELATED:
Paresh Dave / Reuters:
Twitter posts record Q2 profit of $100M, beats estimates on revenue of $711M, up 24% YoY, but monthly users fell by 1M from Q1 to 335M due to increased removals
Twitter posts record Q2 profit of $100M, beats estimates on revenue of $711M, up 24% YoY, but monthly users fell by 1M from Q1 to 335M due to increased removals
Discussion:
Boing Boing, VentureBeat, @twitterir, The Week, Wall Street Journal, @ranimolla, @jonerlichman, @twitterir and @raju, more at Techmeme »
Natalie Jarvey / Hollywood Reporter:
Viacom to acquire youth-focused digital media company AwesomenessTV; sources say for $25M plus debt, well below AwesomenessTV's $650M valuation in 2016 — The deal, which sources say also includes the assumption of some debt, is significantly lower than the $650 million valuation that Awesomeness had in 2016.
Discussion:
TechCrunch, Adweek, Viacom Corporate, @cityofthetown, Fast Company, Variety, VideoInk, Financial Times, Tubefilter, Engadget, The Wrap and CNBC, more at Techmeme »
Ellen Silver / Facebook:
Facebook describes its content review team, their offices, training, says reviewers don't have quotas and all have health care benefits, mental health resources — Facebook has firm rules against posting hate speech, sharing nude pictures, or uploading videos harassing another person.
Discussion:
Daily Mail, Adweek, @hannahkuchler, Engadget and Fast Company, more at Techmeme »
Tom Wheeler / Brookings:
The FCC must decide if Sinclair's three sham station “sales” taint the purchase of 39 Tribune stations and if Sinclair has the right to hold any licenses at all — Editor's Note: — Tom Wheeler served as the 31st Chairman of the Federal Communications Commission from 2013 to 2017.
Discussion:
Daily Wire and Wall Street Journal