Top News:
Robert Channick / Chicago Tribune:
Tribune Publishing adds Alden Global Capital's co-founder, Randall Smith, to board, giving Alden 3 of 7 seats, and caps Alden's stake at 33% for another year — Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder …
Judd Legum / Popular Information:
Facebook says it now finds that there is an undisclosed financial relationship between The Daily Wire and Mad World News and will temporarily demote the latter — The Daily Wire's Ben Shapiro (Photo by Rich Polk/Getty Images for Politicon) — Facebook has concluded there is an undisclosed …
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J. Clara Chan / The Wrap:
LA Times food editor Peter Meehan has resigned after a series of tweets on Monday alleged that he fostered an abusive workplace environment for his staff — The Los Angeles Times' food editor, Peter Meehan, has resigned from the paper after being accused on social media of fostering an abusive work environment for his employees.
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VICE:
Over 40 sources detail discontent at Los Angeles Times, which hired Norman Pearlstine to fix a chaotic newsroom; some staff are frustrated at too little change
Over 40 sources detail discontent at Los Angeles Times, which hired Norman Pearlstine to fix a chaotic newsroom; some staff are frustrated at too little change
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Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger — Every day, it seems, another major corporation joins the advertiser boycott against Facebook. First came The North Face, REI and Patagonia.
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Axios, Advocate, LinkedIn, @joshsternberg, @dylanbyers and @iainlevine, more at Techmeme »
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CNN:
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
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Reuters:
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
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Maiysha Kai / The Glow Up:
Following the publication of an open letter alleging mistreatment, misconduct, and mismanagement at Essence, the outlet names Caroline Wanga interim CEO — The pioneering and still most prominent media brand for Black women will once again have one at the helm—at least, for the immediate future.
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Jim Waterson / The Guardian:
The BBC is laying off 450 people, representing a sixth of BBC England staff, to save £25M, per NUJ, and axing regional news show Inside Out — Well-known local presenters to lose jobs and concerns raised about news quality — The BBC is to make 450 staff working on its regional programmes …
Jon Henley / The Guardian:
France allows tax credit for new subscribers to current affairs outlets since the sector is “suffering enormously” due to COVID-19 crisis — Move to support newspapers and magazines follows global slump during pandemic — French MPs have voted to grant a tax credit to anyone taking …
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@rasmus_kleis, @janebsinger, @gaufre and National Union of Journalists
Dominic Ponsford / Press Gazette:
The New Statesman says it is dropping all network advertising from its site and announces it has passed 30,000 paid subscriptions for the first time in 40 years — The New Statesman has revealed that it is dropping all network advertising from its website as Covid-19 has “accelerated a number of trends in business and society”.
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New Statesman and New Statesman
Brian Schwartz / CNBC:
In a letter to Michael Pack, senators from both parties voice concerns about Pack's firing of longtime USAGM leaders and say they'll review the agency's funding — - Sens. Lindsey Graham, Marco Rubio and a bipartisan group of senators say they are planning to review the U.S. Global Agency …
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@schwartzbcnbc
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10 — Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok . The social juggernaut's TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday.
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Variety, @kerrymflynn, Business Insider, The Wrap, Gizmodo, Neowin, The Verge, Tubefilter and @mattnavarra, more at Techmeme »
Sara Fischer / Axios:
Twitter removed a picture from a Trump tweet after receiving a DMCA complaint from the NYT, which owns the rights to the photo taken in 2015 by Damon Winter — Twitter has removed a picture from a tweet by President Trump on Tuesday after it received a Digital Millennium Copyright Act …
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Breitbart, Techdirt, Variety, @kylegriffin1, Digital Trends, The Hill, CNBC and Mediaite, more at Techmeme »
New York Times:
NY appellate judge rules that Simon & Schuster can go ahead with publishing Mary Trump's book, reversing a lower court that had temporarily halted publication — The decision reversed a lower court's ruling that had temporarily halted publication of the book by the president's niece …
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The Wrap, Washington Post, Business Insider, CNN, @nycjim, @avenaim, @katiephang, @sarahlongwell25, @barbmcquade, Fox News, Raw Story and NBC News
Alex Weprin / Hollywood Reporter:
Fox News says it has fired America's Newsroom anchor and former chief White House correspondent Ed Henry over sexual misconduct claims — The network says it terminated the former chief White House correspondent after receiving a complaint from a former employee's attorney.
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