Top News:
Michael Sheetz / CNBC:
Satellite radio company SiriusXM to acquire music streaming service Pandora in a $3.5B all-stock deal — Satellite radio company SiriusXM is acquiring music streaming service Pandora in a $3.5 billion all-stock deal, the companies announced Monday. — Pandora shares rose 14.4 percent …
Discussion:
Sirius XM Holdings Inc., VentureBeat, TechCrunch, The Wrap, @charlesarthur, @claireatki, @readdanwrite and @eamonjavers, more at Techmeme »
Spriha Srivastava / CNBC:
UK broadcaster Sky says it has accepted $39B takeover offer from Comcast, urges shareholders to accept the offer immediately — - Comcast outflanked rival Twenty-First Century Fox after submitting a much higher bid in a three-round auction on Saturday. — Comcast offered £17.28 per share …
Discussion:
The Verge, CNNMoney, Multichannel News, Bloomberg, Financial Times, The Drum, Bloomberg, Fortune, @sherman4949, @rwmead, @dylanbyers, @amolrajan and @msnabilaahmed
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Alex Sherman / CNBC:
Source: Comcast is willing to sell its 30% stake in streaming service Hulu to Disney — - Comcast expects Disney will let go of its 39 percent stake, giving CEO Brian Roberts complete ownership of the TV distributor and owner of content, according to people familiar with the matter.
Discussion:
Multichannel News, Business Insider, Talking Biz News and Variety
Nellie Bowles / New York Times:
Julia Angwin and Jeff Larson are starting The Markup, a news site to cover big tech using data science, with a $20M gift from Craig Newmark and other funding — The Markup, dedicated to investigating technology and its effect on society, will be led by two former ProPublica journalists.
Discussion:
@jayrosen_nyu, @juliaangwin, @jameeljaffer, @jameeljaffer, TechCrunch, @jayrosen_nyu, @mer__edith, @craignewmark, @annaldavis1, @raju, @rafat, @loisbeckett, @mlcalderone, @aaschapiro, @_hartsick, @justinelszasz, @dansinker, @davidpleonard, @mikeisaac, @vickynguyentv, @dangillmor, @jayohday, @loisbeckett, @sulliview, @suepgardner, @cliffordlevy, @johnbattelle, Fortune and Peter O'Kelly's Reality Check, more at Techmeme »
Isaac Chotiner / Slate:
Interview with NYT reporter Michael Schmidt about evaluating and protecting sources in his latest story on Deputy Attorney General Rod Rosenstein — In a blockbuster story in Friday's New York Times, Adam Goldman and Michael S. Schmidt reported that Deputy Attorney General Rod Rosenstein …
Discussion:
Vox, Axios, The Wrap, New York Times, Poynter, The Guardian, Washington Post, @bmaz, @maggienyt, @nytmike, @jswatz, @andygrewal, @biannagolodryga, @selina_y_wang, @sennettreport, @pgourevitch, @kbandersen, @nycsouthpaw, @gadyepstein and @brianstelter
Wall Street Journal:
Sources: digital publisher Vox Media will struggle to achieve double-digit percentage revenue growth this year, likely missing its goal by more than 15% — Other digital-media firms have struggled to live up to ambitious growth goals in a challenging online ad market
Discussion:
@raju, @benmullin, @xpangler, @jayrosen_nyu, @timcast, @alexkoppelman, @jbenton, @mdudas, @jbenton, @benmullin, @rafat and @jrreed
Charlie Warzel / BuzzFeed News:
Ian Rylett, co-founder of YouTube tween channel SevenAwesomeKids, arrested for allegedly molesting a minor; YouTube demonetized the channel but left it up — For weeks now, SevenAwesomeKids, part of one of YouTube's biggest and most active tween/teen girl channel networks, has been suspiciously dormant.
Discussion:
@mariachong, @cwarzel, @slpng_giants, @jedgarren, @cwarzel and @cwarzel
Robert Silverman / The Daily Beast:
A look at how Barstool Sports employees, fans regularly harass female reporters, with founder Dave Portnoy once asking if a woman “kind of deserves to be raped” — Multiple female sportswriters recount the ugly harassment they received from Stoolies—and place much of the blame …
Lucia Moses / Digiday:
TicToc, Bloomberg's 24/7 streaming video network, now has nearly 400K Twitter followers, 2.2M average daily views, 1.4M average daily viewers, and 60+ employees — Bloomberg Media is trying to turn its Twitter network TicToc into a full-fledged media brand.
Economist:
Profile of the Global Times, a Chinese tabloid and subsidiary of the Communist Party's People's Daily, which sells 1.5M copies of its Chinese edition a day — It is unfashionable in China to take the fiery tabloid seriously — FEW countries have invested more man-hours in suppressing awkward facts than China.
Discussion:
@dsorennie, @ehundman, @daokedao1234, @s_rabinovitch, @jiehyunglo, @huxijin_gt and @rollandnadege
Wall Street Journal:
Sources: WPP is considering a merger between its digital-ad firm VML and Young & Rubicam, which WPP bought in 2000 for $4.7B — New CEO Mark Read is preparing to consolidate some of the ad giant's major properties to keep pace with the industry's digital shift
Hanna Kozlowska / Quartz:
Chartbeat: when Facebook experienced a 45-minute outage on August 3 in many parts of the world, direct traffic to news websites spiked by 11%, search was up 8% — What happens when internet users can't go on Facebook? Some turn to other social media platforms to joke about it.
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