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1:15 PM ET, August 12, 2020

Mediagazer

 Top News: 
Wall Street Journal:
Sumner Redstone, the mogul who transformed National Amusements into a media empire that included Viacom, Paramount Pictures, and CBS, has died at 97  —  Mr. Redstone built empire of TV, movies and radio that became focus of power struggle  —  Sumner Redstone, who turned his family's movie-theater company …
Sara Guaglione / MediaPost:
Bustle Digital Group names Kathy Lee editorial director of women's style site The Zoe Report  —  Bustle Digital Group has hired Kathy Lee as editorial director for women's style site The Zoe Report.  —  Lee was previously accessories director at Hearst's Fashion Group, where she styled content across brands.
Discussion: WWD and @kerrymflynn
Natasha Khan / Wall Street Journal:
Hong Kong media baron Jimmy Lai was released on bail on Wednesday morning, along with the other nine people who were arrested on Monday  —  Supporters of outspoken newspaper founder waved copies of his Apple Daily as he left police station  —  HONG KONG—Pro-democracy media baron Jimmy Lai …
Hollywood Reporter:
As part of WarnerMedia's layoffs, most of the staff of the streaming service DC Universe have been laid off, as well as top execs and editors of DC Comics  —  The majority of staff of the streaming service DC Universe has been laid off, as has editor-in-chief Bob Harras and multiple other executives on the publishing side.
Anthony Ha / TechCrunch:
Scribd buys SlideShare from LinkedIn for an undisclosed sum; SlideShare has a content library of 40M presentations and 100M monthly unique visitors  —  SlideShare has a new owner, with LinkedIn selling the presentation-sharing service to Scribd for an undisclosed price.
Meduza.io:
Russian embassy says journalist for Russian outlet Meduza, who was beaten and arrested by police while reporting from a protest in Belarus, has been released  —  Meduza special correspondent Maxim Solopov, who was beaten and arrested by riot police while reporting from a protest in Minsk on Sunday night …
Patricia Nilsson / Financial Times:
After a six month break, Time Out plans to resume its print edition only in Madrid, Barcelona, and London and is unlikely to do so in the US or Portugal  —  Group to exit US and cut jobs in focus on food markets and digital after pandemic  —  Time Out has published its first magazine following …
Nicole Sperling / New York Times:
The musical Diana will premiere on Netflix ahead of its opening on Broadway as New York theaters will remain closed until 2021  —  The show will be filmed in the empty Broadway theater where it had been playing in previews, and still plans to open in May 2021.
Bloomberg:
CuriosityStream, a streaming service for documentaries on science and history, has agreed to go public through a ~$330M merger with Software Acquisition Group  —  CuriosityStream, a streaming platform for documentaries on science, history and other topics, has agreed to go public through …
Bethany Allen-Ebrahimian / Axios:
The Grayzone, founded by Max Blumenthal, has become a favorite of China's state media and government as it denies crimes against humanity affecting Uighurs  —  A website called The Grayzone has made a name for itself by denying China's campaign of cultural and demographic genocide in Xinjiang.
Isaac Stanley-Becker / Washington Post:
Researchers find network of 178 hyperpartisan low-quality news sites whose underlying purpose is to collect and sell email addresses and other personal info  —  The reality curated by “The Bearded Patriot” and “The Wolf of Washington” is dismal.  —  The websites tell of nonstop riots and “crazed leftists.”
 
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 More News: 
New York Times:
A case study of a story about Bible burning in Portland, covered by RT and its Ruptly video service, then amplified by US right-wing media and politicians
Frank Blethen / The Seattle Times:
Seattle Times publisher endorses initiatives to help local news and local ownership in WA, where 84% of the top 50 regional metro papers aren't locally owned
 Earlier Picks: 
Sarah Sluis / AdExchanger:
Meredith debuts Data Studio, a service that licenses its first-party data to brands, available separately from its advertising business