Top News:
The Daily Beast:
Sources detail Andy Lack's mishandling of sexual misconduct allegations at Sony Music and how he and other NBC News execs mishandled #metoo stories and cases — A Sony executive who sent porn to women at work. An alleged harasser who reviewed NBC's Weinstein story.
Tiago Ramos Alfaro / Bloomberg:
UK's Takeover Panel says Comcast emerged as the highest bidder in the auction for Sky, offering $39B — Comcast Corp. offered 17.28 pounds per share in auction for Sky Plc, topping 21st Century Fox's bid at 15.67 pounds per share, the U.K. Takeover Panel announced in a statement on Saturday.
Discussion:
Variety, BBC, Variety, Sky News, Adweek, @sherman4949, The Wrap, TechCrunch, New York Times, @msnabilaahmed, @martinsfp, @sherman4949, @edmundlee, @skynewsbreak, @jimwaterson, @sherman4949 and @sdkstl
Benjamin Mullin / Wall Street Journal:
Sources: as financial pressures rise, Mic Network is considering an acquisition offer from a media company, among other strategic options — Mic Network board met last week to consider offer, as financial pressures mount — Digital publisher Mic Network is considering an acquisition offer …
Variety:
Sources: NBC Entertainment Chairman Bob Greenblatt to meet with NBCUniversal CEO Steve Burke to work out an exit plan, departure may come as late as May 2019 — Bob Greenblatt is preparing to leave his post as NBC Entertainment chairman after leading the network's turnaround during the past eight years.
Discussion:
Deadline, MediaPost, TVWeek.com, Broadcasting & Cable, Hollywood Reporter, Los Angeles Times and The Wrap
Joe Mandese / MediaPost:
Report: U.S. Ad Market Expands 6.1% In First Half, 2018 Poised To Break $200 Billion Mark — U.S. ad spending is expanding at a higher rate than anticipated — jumping 5.8% in the second quarter after rising 6.5% in the first quarter — and is now on pace to reach a new all-time high for full-year 2018 …
Discussion:
Ad Age and TVWeek.com
Isobel Asher Hamilton / Business Insider:
Investigation finds that Instagram's IGTV recommended disturbing and potentially illegal videos in UK; Instagram took five days to remove some of the videos — - Exclusive: Instagram's new TV service, IGTV, recommended videos of what appeared to be child exploitation and genital mutilation during …
Discussion:
@amtomchak, @digitalshields, The Wrap and Gizmodo
David Beard / Poynter:
How Golf Digest helped to free a wrongfully convicted man who spent 27 years in prison after he wrote the magazine about his collection of golf course drawings — The Poynter Institute's Morning Mediawire breaks down and delivers the most important stories you need to start your day.
Discussion:
@grits4breakfast, @jamilahlemieux, @brennanmgilmore, @heerjeet, @nkjemisin, Vrij Nederland, The Daily Caller and The Guardian
David Beard / Poynter:
After BuzzFeed's cuts to its audio team and Panoply's exit from podcast content, creators re-evaluate podcast revenue potential and audience measurement — Moving from one shiny object to another: “Everybody wants a ‘Serial,’ but nobody wants to spend ‘Serial’ money,” says one veteran podcast editor.
Discussion:
Columbia Journalism Review, @klerner, @jdgalarneau, @walldo, @radbrowndads, @ryanfamuliner, @servingworlds, @conradjwilson, @mathewi, @rafat, @rafat, @abenedikt, @stevenhartig and @sulliview
Laura Hazard Owen / Nieman Lab:
Q&A with Brooke Masters, FT's Comment and Analysis editor about her efforts to diversify the paper's opinion section — “She wrote a fabulous piece that did incredibly well and I think there's no way on earth that (a) she would have submitted or (b) it would have run, before we started this stuff.
Jennifer Pak / Marketplace:
China's “pay-for-knowledge” economy, primarily podcasts with subscription fees, is estimated at $7.3B in 2017, compared to US ad-driven podcast revenue of $314M — Listen To The Story — Marketplace — Chen Jun, 34, rents a small apartment in Shanghai.
Jacob Goldberg / Columbia Journalism Review:
Following the jailing of two Reuters journalists in Myanmar, others are struggling to report important stories with the threat of prosecution hanging overhead — Detained Myanmar journalist Wa Lone is escorted by police following his ongoing trial at a court in Yangon on May 29, 2018.
Howard R. Gold / Columbia Journalism Review:
Ten years after the Recession, journalists acknowledge missing the big story tying subprime housing loans to complex derivatives, but say they learned lessons — Lehman Brothers headquarters on September 15, 2008. Photo: Robert Scoble via flickr. — Ten years ago, Lehman Brothers …
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