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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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@mikeisaac, @adelsteinpaul, @rmac18, @mattyglesias, @patrick_wyman, @monteiro, @slpng_giants, @chetfaliszek, @mikeisaac, @blackamazon, @mikeisaac, @juddlegum, @mikeisaac, @aymanndotcom, @juddlegum, @juddlegum and @juddlegum
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 …
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
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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, Fortune, @iainlevine and @dylanbyers, 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
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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
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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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Black Female Anonymous, Page Six, @kerrymflynn, @iwriteallday_, @jouelzy, The Wrap and News. Now. Nxt.
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 …
Discussion:
@janebsinger, @rasmus_kleis, @gaufre and National Union of Journalists
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 …
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 …
Discussion:
@penamerica and @schwartzbcnbc
@kerrymflynn:
Refinery29 President Amy Emmerich steps down; the site's union called for her resignation in June, and Vice was probing claims of toxic behavior at Refinery29 — NEWS: Amy Emmerich, president and chief content officer at Refinery29, stepped down today. Here's the note she just sent to staffers. Story TK https://twitter.com/...
Discussion:
Variety, @conniewang, @kerrymflynn and @kerrymflynn
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.
Discussion:
Variety, @kerrymflynn, Business Insider, The Wrap, Gizmodo, Neowin, The Verge, Tubefilter, @kawaljit and @mattnavarra, more at Techmeme »
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”.
Discussion:
New Statesman and New Statesman
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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