Top News:
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
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 …
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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 — Marc and Lynne Benioff are paying roughly 5.76 times operating earnings for Time magazine, which is expected to see a 9% decline in revenue this year
Discussion:
Digiday, Vanity Fair, New York Times, Business Insider 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
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, @danprimack, Fast Company, TIME, San Francisco Chronicle, Business Insider, New York Times, @corytv, @benioff, Adweek, @teddiew, @rafat, @pgourevitch, @norahodonnell, @adamwren, @ranimolla, @acsifferlin, @charlottealter, @joshtpm, @evanasmith, @trengriffin, The Daily Caller, @pkafka, @efelsenthal, @rrhoover, @ghoshworld, @sruhle, @andrewrsorkin, @hunterwalk, @karaswisher, @sampjacobs, Talking Biz News, Hollywood Reporter, @jayrosen_nyu, Recode, @nancygibbs, @karaswisher, Associated Press, The Week, @alansmurray, Variety, @karaswisher, @rayroyreed, @nyggmatic, @scobleizer, @jamesloduca, @sameerpatel, CNNMoney, @mattocko, @lisaabeyta, @anton1s, @brianstelter, @walterisaacson, @adambanksdotcom, @benmullin, @_ravensfan61, @sdkstl, @brianstelter, @paulgoldberger, @rafat, Fortune, CNNMoney, Engadget, Meredith Corporation MediaRoom, 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 »
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
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
Discussion:
@pkafka, Press Gazette, @jtemple, @micahwright, The Wrap, Awful Announcing, MediaPost, Fortune, Ad Age, Folio, The Week and Business Insider
Hollywood Reporter:
HBO and Netflix tie for the most Emmy wins, taking home 23 each; Amazon's The Marvelous Mrs. Maisel won eight awards; Hulu won four — HBO is still the Emmy champion — but it has some company at the top. — The streaming era has already turned the TV business upside down …
Discussion:
The Ringer, more at Techmeme »
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 … and Hit & Run
Nathan Ingraham / Engadget:
Pandora releases a custom playlist for Premium on-demand users called The Drop, which features newly-released tracks based on listening history — If you ask Spotify users why they're loyal to the music service, chances are many of them will cite personalized new music playlists like Discover Weekly and New Release Radar.
Discussion:
Pandora Blog, Digital Trends, CNET, RAIN News, The Verge, TechCrunch and Music Business Worldwide
Brian Stelter / CNNMoney:
Sources: Julie Chen to step down from CBS' The Talk but will continue to host Big Brother after CEO Les Moonves' exit amid accusations of sexual misconduct — Julie Chen is stepping down from “The Talk” on CBS, one week after her husband Les Moonves left the CBS Corporation under pressure.
Discussion:
The Wrap, Mediaite, The A.V. Club, Hollywood Reporter, TV Insider, Hollywood Life, AOL, The Week and Mashable
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 …
Benjamin Mullin / Wall Street Journal:
Gawker's owner Bryan Goldberg plans to spend at least $5M in the first year of its relaunch, mostly on hiring editorial staff, some toward media acquisitions — The company is planning to hire “dozens” of writers and editors ahead of next year's relaunch, and is scouting other acquisitions
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 …
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.
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, @mattyglesias, @amandacconn, @kaleighrogers and @bioethicsjosie
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:
Salon, Page Six, Hollywood Reporter, CNN, The Week, Hollywood Life, Vanity Fair, Joe.My.God., The Daily Beast and TV Tattle