Top News:
Lauren Feiner / CNBC:
Disney sells its 80% stake in YES Network to Amazon, the Yankees, and Sinclair, valuing the network that airs the NY Yankees and other local sports at ~$3.5B — KEY POINTS — Disney sold its stake in the YES Network to an investor group that includes Amazon, the company announced Thursday.
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Brian Steinberg / Variety:
Sources: Disney has laid off National Geographic workers, with one source saying as many as 80 are affected; US editions of Nat Geo Traveler to stop publication — Walt Disney has laid off employees of the National Geographic unit it acquired from the former 21st Century Fox …
Discussion:
@andrewnelson, Politico, @chriselliotts, @rafat, @rafat, @rafat and Los Angeles Times
Reid Nakamura / The Wrap:
Source: Disney has laid off nearly 60 employees in its home entertainment and TV distribution divisions, affecting both Disney and former Fox employees — Consolidation at Disney is moving forward as the company has handed out pink slips to nearly 60 more employees, TheWrap has learned.
Discussion:
Variety and Hollywood Reporter
Charles Hutzler / Wall Street Journal:
China declines to renew a WSJ reporter's press credentials, effectively forcing him to leave the country, following a June article on President Xi's family — Chun Han Wong, a Singaporean national, has worked in Beijing for the Journal since 2014 — BEIJING—A reporter for The Wall Street Journal …
Discussion:
Washington Post, New York Times, CNN, Talking Biz News, CNBC, Associated Press, Committee to Protect …, @pekingmike, @amyyqin, @ewong, @stevencnn, @joshchin, @emilyzfeng, @kevincarrico, @aaronblake, @joshchin and The Week
Wall Street Journal:
Sources: Vice Media trimmed about 15 jobs at cable channel Viceland, as it merges Vice News and Viceland, shifting away from lifestyle and entertainment content — Company is merging Vice News and Viceland, shifting its programming away from lifestyle and entertainment content
Discussion:
@readdanwrite, @moorehn and bookforum.com
Hannah Gais / Splinter:
Leaked emails show how former Daily Caller staffer Jonah Bennett and think tank staffer John Elliott pushed white nationalist ideas into conservative media — Conservative institutions in the Donald Trump era have often sought to portray themselves as shocked and appalled by the so-called “alt-right.”
Discussion:
@bungdan, @rweingarten, @mattbors, @elongreen, @slpng_giants, @grimkim, @jacob__siegel, @chrislhayes, @chick_in_kiev, @justinhendrix, @buzzfeedben, @janeworld1, @jaredlholt, @killermartinis, @adamserwer, @andrewpauljoyce, @hannahgais, @hannahgais, @aleksnotalex, @hannahgais, @hannahgais and @hannahgais
Shira Tarlo / Salon:
MSNBC host Lawrence O'Donnell retracted a thinly sourced report alleging Russian oligarchs co-signed loans for Trump; Trump then blasted O'Donnell on Twitter — O'Donnell has retracted a thinly-sourced report alleging that Trump obtained loans co-signed by Russian oligarchs
Discussion:
@lawrence, @realdonaldtrump, Fox News, Washington Post, @realdonaldtrump, Poynter, @erictrump, @ggreenwald, @jayrosen_nyu, @digiphile, @oliverdarcy, @oliverdarcy, CNN, The Hill, MSNBC, Mediaite and Law & Crime
Tobias Buck / Financial Times:
Bertelsmann head criticizes France's new tax on digital companies with €750M in annual revenue for its vagueness in defining what constitutes digital revenue — The boss of German media group Bertelsmann has hit out at France's new tax on digital companies, warning that the measure …
Discussion:
@charliebeckett
Esther Kezia Thorpe / What's New in Publishing:
The New York Times puts up a hard registration wall, requiring visitors to log in or create a free account to read articles — US newspaper The New York Times has become the latest publisher to put up a hard registration wall, following extensive registration and log-on tests last month.
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Erik Wemple / Washington Post:
After complaints for omitting references to race in an article on Tea Party history, NYT updated story with an ineffective sentence that provided little remedy
Discussion:
@nytpolitics, @deggans, @_cingraham, @wesleylowery, @gregpinelo, @tomperriello, @wesleylowery, @paulkrugman, New York Post, CNN and Splinter
Mark Di Stefano / BuzzFeed:
BuzzFeed News uncovers accounts on Twitter and Pinterest, now removed, devoted to posting creepy screengrabs of high-profile female TV journalists in the UK — In response to questions from BuzzFeed News, Twitter said the accounts sexually objectified women “without their consent”, while Pinterest called them “gross” and apologised.
Discussion:
@skysarahjane
Greg Dool / Folio:
Folio:'s annual salary survey finds female editors-in-chief and managing editors earned $0.83-$0.86 for every dollar earned by their male counterparts — Against a backdrop of sustained industry instability, editorial salaries have remained relatively consistent year-over-year …
Discussion:
American Press Institute
Max Willens / Digiday:
Union contracts at times fail to address new forms of work, such as when social media staff are labeled “editorial” and barred from branded content distribution — The rise of unionization in digital media is normally framed in one of two extreme ways: as an innovation-killing millstone …
Discussion:
@kristinamonllos, @timemagunion and @mattdpearce
Mark Di Stefano / BuzzFeed:
YouTube removed, then reinstated a channel for Martin Sellner, a European white nationalist, and a channel for a British nationalist called The Iconoclast — The video platform said it was a “mistake” to remove the channels of Martin Sellner and another far right personality known as The Iconoclast, but wouldn't explain what happened.
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