Top News:
Financial Times:
Sources: as ViacomCBS expands CBS All Access with programming from Viacom and Paramount, it is considering rebranding the streaming service to Paramount+ — ‘Paramount+’ tops shortlist as battle with Disney moves centre stage in attempt to lift shares — ViacomCBS is considering a plan …
Discussion:
@mattgarrahan, @sherman4949, @mgsiegler, @film_girl, The Desk, @annaknicolaou, @tvmojoe and The Streamable
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Bloomberg:
ViacomCBS shares rose as much as 5.8% on Friday following a researcher's report that an activist investor may be gathering a significant stake — - Credit Suisse trades hint that shareholder is amassing stake — But any activist would have to win over Shari Redstone
Discussion:
@scottporch
Ben Koo / Awful Announcing:
The LA Times sports columnist Arash Markazi announced his resignation, after being placed on paid leave in July amid alleged plagiarism and other ethical lapses — Sources indicated to Awful Announcing that Markazi's exit was being brokered behind the scenes between the paper's lawyers …
Discussion:
@laurawags, @bkoo, @timmarchman and The Wrap, Thanks:@matthewkeyslive
Victoria Song / Gizmodo:
The death of Bon Appétit shows why media companies, which have no idea what makes videos work, failed with their half-baked plans to pivot to video — There are a zillion reasons why I have been mourning the Bon Appétit Test Kitchen. The one that hurts most is that the slow …
Discussion:
Digiday, Mr J Says, @gabrieljr, @heyamandabrown, @fuertesknight, @rachelking, @sesmith, @clairelizzie, @byjoelanderson, @conigs, @msmiller, @alexkoppelman, @schroedinger_, @louisathelast, @misselizabetka, @decadent_hag, @kolbemarket, @j_mackertich, @paleofuture, @mxkanteven and @stefthepef
Business Insider:
Current and former Complex Networks staffers detail a company culture where leadership fostered bullying, favoritism; Complex has launched “full cultural audit” — - Complex Networks is facing a reckoning after a number of current and former employees cited incidents …
Discussion:
Business Insider, @laurenjohnson and @media_evan
CNN:
Interview with Apple Daily owner Jimmy Lai, who says his arrest was a “symbolic exercise” by China to show that Hong Kong's new national security law has teeth — Hong Kong (CNN Business)Hong Kong media tycoon Jimmy Lai has called his arrest a “symbolic exercise” …
Discussion:
@jennicnn and @jgriffiths
Jon Brodkin / Ars Technica:
US Court of Appeals rules Charter can charge Netflix, other streaming services for network interconnection, despite merger conditions prohibiting the practice — Court kills ban on interconnection fees because FCC didn't defend merger condition. — Charter can charge Netflix …
Discussion:
Multichannel News, MediaPost and @karlbode
Paul Farhi / Washington Post:
The White House breached its own COVID-19 social distancing rules to allow representatives from Gateway Pundit, Epoch Times, and OAN into press briefings — The White House press corps just got a little more Trump-friendly, thanks to a bit of maneuvering by the White House itself.
Discussion:
@oliverdarcy, @davidnakamura, @jayrosen_nyu, @jason_kint, @lrozen, @lrozen, @owillis and @simonwdc
Kristen Hare / Poynter:
Santa Cruz Local, a startup that focuses on county-level public policy reporting, has grown amid the pandemic to 500 paying members and 3,800 newsletter subs — Santa Cruz Local nearly doubled paying members since the coronavirus pandemic … “Hey everyone.
Discussion:
American Press Institute, @anikaanand00, @sbaxter_sc, @phillipadsmith, @needhibhalla, @kristenhare, @karambutan, @ckrewson, @jmpasko96 and @kdeanct
Jacob Bernstein / New York Times:
W magazine will now be called W Media after being sold to Bustle Media Group and investors including film and TV producer Jason Blum — The movie and television producer Jason Blum, the racecar driver Lewis Hamilton and the model Kaia Gerber will also be investors.
Discussion:
MediaPost, @eiffeltyler, @kerrymflynn and Adweek
Lloyd Grove / The Daily Beast:
In updated editor's note, Newsweek apologized for an op-ed questioning Harris' eligibility, calling it a tool for racism after staffers demanded it be retracted — The apology nevertheless fell far short of staffers' demands that the magazine retract and remove the supposedly erudite exploration of 19th century Supreme Court rulings.
Discussion:
@kodoandsangha, @karenshudson, Slate, @jimlaporta, @jchaltiwanger, @jchaltiwanger, @famouslywrong and Animation World Network
Ingrid Lunden / TechCrunch:
Warner Music acquires IMGN, which creates and tracks viral social media content in categories like e-sports, gaming, and ASMR, source says for just under $100M — It's a whole new playing field these days for music labels and publishers, and today one of the big three made an acquisition …
Discussion:
@montelogik, @noahmallin, @briansolis and @itsthatmanhowie, more at Techmeme »