Top News:
David Streitfeld / New York Times:
Marc Benioff says he won't get involved operationally in Time, which will remain in New York, with Meredith remaining a key partner — While having a massage late Sunday, the West Coast-based tech billionaire discussed via text message why he was entering the East Coast-based media industry …
RELATED:
Peter Kafka / Recode:
After Time magazine's sale, questions remain about the future of Fortune, Money, and Sports Illustrated, which Meredith has been trying to sell for most of 2018 — Marc Benioff paid a surprising $190 million for Time magazine. Meredith hopes it can find other deep pockets for its other titles.
Discussion:
Awful Announcing, @pkafka, Press Gazette, Folio, @jtemple, @micahwright, Fortune, Ad Age, MediaPost, The Week and Business Insider
Jeffrey A. Trachtenberg / Wall Street Journal:
Sources: the Benioffs are paying approximately 5.76 times the operating earnings for Time Magazine, which is expected to see a 9% revenue decline this year
Discussion:
Vanity Fair, Business Insider, New York Times and Recode
Jeffrey A. Trachtenberg / Wall Street Journal:
Meredith Corp. has agreed to sell Time magazine for $190M to Marc Benioff, co-founder of Salesforce.com, and his wife, Lynne Benioff
Discussion:
@benioff, Adweek, TIME, Fast Company, @danprimack, San Francisco Chronicle, Hollywood Reporter, @benioff, Associated Press, CNNMoney, @pkafka, The Daily Caller, @adamwren, @sruhle, @norahodonnell, @trengriffin, @hunterwalk, @sampjacobs, @pgourevitch, @joshtpm, @rrhoover, @efelsenthal, @karaswisher, Business Insider, @ghoshworld, @corytv, Recode, @acsifferlin, @evanasmith, @charlottealter, Variety, @ranimolla, @andrewrsorkin, @rafat, @teddiew, The Week, Talking Biz News, Fortune, @jayrosen_nyu, Engadget, @nancygibbs, @karaswisher, @alansmurray, @karaswisher, @rayroyreed, @nyggmatic, @scobleizer, @jamesloduca, @sameerpatel, @mattocko, @lisaabeyta, @anton1s, @brianstelter, @walterisaacson, @adambanksdotcom, @benmullin, @_ravensfan61, @sdkstl, @brianstelter, @paulgoldberger, @rafat, Meredith Corporation MediaRoom, New York Times, Jonathan D. Woods, NPR, HuffPost, Financial Times, NBC News, The Wrap, Des Moines Register, GeekWire, New York Post, Bloomberg.com, Deadline, Forbes and Rehak/Stuebing Mostly Media, more at Techmeme »
Ken Doctor / Nieman Lab:
A McClatchy-Tronc merger, with Patrick Soon-Shiong as key player, could see a revitalization in California journalism and tech innovation — One's a family-controlled, century-plus-old newspaper chain, known for believing in its civic mission but not for its digital strategy. The other is, well, Tronc.
Discussion:
Chicago Tribune and Poynter
Cora Currier / The Intercept:
Internal memos from 2015, written by US AG for FBI, show how the US government can monitor journalists: high-level DOJ officials bring requests to FISA court — The U.S. government can monitor journalists under a foreign intelligence law that allows invasive spying and operates outside …
Discussion:
Freedom of the Press …
Jesse Brown / CANADALAND:
Jesse Brown, the reporter who initially broke the Jian Ghomeshi story, says Ghomeshi's essay in The New York Review of Books is filled with inaccuracies — Had The New York Review of Books bothered to look into Ghomeshi's claims before publishing his essay, this is what they would have learned
Discussion:
@jessebrown, Fortune, @amandacconn, @kaleighrogers, @mattyglesias and @bioethicsjosie
Paige Williams / New Yorker:
A profile of Press Secretary Sarah Huckabee Sanders, including her public and private relationship with the press, and how she works with Trump — What does the press secretary believe in—other than defending the President's every word? — Sarah Huckabee Sanders, the White House press secretary …
Hannah Frishberg / Columbia Journalism Review:
A look at the three profitable independent local news outlets, a bi-weekly and two blogs, in the New York neighbourhood of Roosevelt Island — Roosevelt Island, a thin, roughly two-mile sliver of land in the East River between Manhattan and Queens, is home to some 14,000 New Yorkers …
Cynthia Littleton / Variety:
Tom Arnold, host of Viceland's “The Hunt for the Trump Tapes”, was involved in a physical altercation with Apprentice producer Mark Burnett — The tension between Tom Arnold and Mark Burnett boiled over into a physical altercation at Sunday's Evening Before Emmy party, a fundraiser for the Motion Picture Television Fund.
Discussion:
Page Six, Deadline, The Wrap, Hollywood Reporter, Hollywood Life, Vanity Fair, The Week, Joe.My.God., The Daily Beast and TV Tattle
Livemint:
Sources: Walmart's Flipkart has held early-stage talks with Indian video streaming service Hotstar about acquiring a stake in the company — Flipkart already has some ties with Hotstar, having launched a new video advertisement platform with Hotstar in July
Music Business Worldwide:
Leaked email to Dubai ad agency shows Spotify plans to launch across the Middle East and North Africa in November with a new regional headquarters in Dubai — Spotify's next major global move is coming soon. — According to a leaked email, the service plans to launch across the Middle East …
Violet Blue / Engadget:
Female ASMR video creators have been permanently banned from PayPal and had funds frozen after 8chan harassment campaign; PayPal says it has no anti-ASMR policy — In June, China banned and excised videos of sound effects while claiming to cleanse its internet of pornography.
Sigal Samuel / The Atlantic:
How citizen journalists and scholars are using the internet to find Uighur internment and “reeducation” camps and expose the persecution of minorities in China — The country is using high-tech methods of repression, but even the simplest tech may be enough to expose it.
Discussion:
@ambkcsingh and @sigalsamuel
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