Top News:
Lauren Feiner / CNBC:
Axel Springer agrees to acquire Politico, the remaining 50% share in Politico Europe, and Protocol; sources say the deal is worth around $1B — - German publisher Axel Springer plans to acquire digital media site Politico. — The companies did not disclose a price for the deal, but early reports value it at about $1 billion.
Discussion:
Business Wire, The Wrap, Reuters, @harrispolitico, The Hill, Bloomberg, Axios, New York Times, Protocol, @benyt, @robinwigg, @tomgara, @anthony, @robinwigg, The Daily Beast, @mollyhc, @jyarow, @sherazadesemsar, @sbg1, @brianstelter, @oliverdarcy and @rasmus_kleis
Forbes:
Forbes is going public via SPAC at a valuation of $630M; the transaction is expected to close in late 2021 or early 2022 — ● Combination will enable Forbes to further capitalize on its successful digital transformation, pursue additional growth opportunities and fully recognize …
Discussion:
@jyarow, CNBC, @pkafka, @iblametom, @kerrymflynn and @kerrymflynn
Will Oremus / Washington Post:
Researchers say YouTube, which attracts less scrutiny than Facebook or Twitter, is a hard platform to study because video is so difficult to analyze in bulk — While Facebook and Twitter take the brunt of backlashes over misinformation and ‘censorship,’ the Google-owned video giant has often laid low.
Discussion:
YouTube Official Blog, Bloomberg, @evelyndouek, @willoremus, @tomgara, @annaedge4, @brianstelter and @noupside, more at Techmeme »
Tim Baysinger / The Wrap:
ESPN takes Rachel Nichols off its NBA programming and cancels her show The Jump, after controversy over her comments about now-former colleague Maria Taylor — ESPN is taking Rachel Nichols off its NBA programming, which includes canceling her daytime show “The Jump.”
Discussion:
Sports Business Journal, Fox News, Poynter, Good Morning It's Basketball, CNN, @dimeuproxx, @benjstrauss, deadline.com, Newser, @neoavatara, @thr, @sportsguymarv, @newsweek, Wall Street Journal, Bloomberg, Axios, New York Post, TMZ.com, Barrett Media, Washington Post, Bangor Daily News, WHDH-TV, TVNewser, The Hill, New York Times, New York Daily News, TVLine, Mediaite, Awful Announcing, Sportico, Sports Illustrated and Hollywood Reporter
The Wire:
Yahoo says it is shutting down content operations in India as of Thursday due to the country's new regulations limiting foreign ownership of digital media — New Delhi: Online tech giant Yahoo is shutting down its content operations in India, a decision that the company says is due to changes in regulatory laws in the country.
Discussion:
Hindustan Times and @shakirmir
New York Times:
Sources: Facebook has approached experts about forming an advisory body for how it handles global election matters, including political ads and misinformation — The social network has contacted academics to create a group to advise it on thorny election-related decisions, said people with knowledge of the matter.
Esha Sarai / Voice of America:
US lawmakers sent a letter to Biden on Wednesday urging help for about 550 USAGM employees and their relatives who are still trying to leave Afghanistan — U.S. lawmakers pushed President Joe Biden on Wednesday to evacuate hundreds of people affiliated with the U.S. Agency for Global Media …
Discussion:
@w7voa, @benyt and GovExec.com
Todd Spangler / Variety:
Fox Corp. announces an investment in Eluvio, which uses blockchain to distribute video, provide ticketing services, and offer video NFTs, at a $100M valuation — Fox Corp. announced a strategic investment in Eluvio, giving it a minority stake in the startup whose platform is designed …
Discussion:
MediaPost, @xpangler, Light Reading, Hollywood Reporter and Radio & Television …
Andrew Beaujon / Washingtonian:
Inside WaPo's plans to grow internationally and attract younger readers, as sources say Sally Buzbee's quaint view about objectivity helped her get the top job — The last round of the tryouts took place over four meals this past spring at Jeff Bezos's Washington home.
Discussion:
@abeaujon, @billkole, @ron_fournier, @sorayamcdonald, @kenvogel, @hunterw, @loopemma, @klcpegher, @billkole, @timherrera, @ericmgarcia, @andrewrestuccia, @wesleylowery, @brizzyc, @mrochabrun, @froomkin, @daniellabyck, @ericgeller, @ericfingerhut, @washingtonian, @davejorgenson, @davejorgenson, @justupthepike and @fenitn
Josh Eidelson / Bloomberg:
MSNBC newsroom staffers vote for a union, after the network declined voluntary recognition in June; MSNBC's president signals the network won't contest results — - Writers Guild won election among about 300 employees — The Writers Guild has swelled its ranks in recent years
Abner Li / 9to5Google:
Google News Showcase launches in Colombia and signs partnerships with 24 regional and national news publications, including El País, El Colombiano, and Semana — Google launched its $1 billion licensing program in late 2020 to support publishers and surface card-based content across its platforms.
Discussion:
@googlenewsinit, @googlenewsinit, @googlenewsinit, @googlenewsinit and The Keyword
Joe Flint / Wall Street Journal:
ABC News staffer sues Michael Corn, the former top producer of GMA, alleging sexual assault and accusing ABC of failing to investigate the allegations promptly — Michael Corn departed in April; suit accuses ABC of failing to investigate allegations promptly
Discussion:
CNN, Newser, The Guardian, @marisabramwell, The Week, Deadline, @benmullin, @jbflint, New York Times, Fox News, Variety, Los Angeles Times, New York Post, The Hill, Mediaite, TVNewser and The Wrap
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