Top News:
Alex Weprin / The Hollywood Reporter:
Fox Corp. buys TMZ from WarnerMedia, source says for less than $50M; Harvey Levin has signed a multi-year contract to keep running the gossip brand — As AT&T's WarnerMedia sheds the asset, founder Harvey Levin has signed a multi-year deal with Fox and will keep overseeing day-to-day operations.
Ben Smith / New York Times:
Fire and Fury author Michael Wolff continues teasing out stories from powerful people in his new book Too Famous, while remaining light on source attributions — In his new book, the author of “Fire and Fury” continues his specialty: teasing out stories from men in power.
Discussion:
The Time of Monsters, @sarahw, @kantrowitz, @benyt, @willoremus, The Wrap, The Guardian, @justinhendrix, @mathewi, @fergusonnews, @dfriedman33, @therickwilson, Mediaite, @swin24, @page88, @daveweigel, @maggienyt, @michaelwolffnyc, @carloslozadawp, @prchovanec, @davidgura, @chuckrossdc, @heerjeet, @dylanbyers, @jonlemire, @tomphilpott, The Week, @markhorowitz, @joanwalsh, @joyannreid and Insider
Stephen Battaglio / Los Angeles Times:
Fox News' subscription streaming service Fox Nation acquires Cops, the reality TV show pulled off air last year amid the George Floyd protests — “Cops,” the reality TV series depicting law enforcement in action, was pulled off the air last year after 32 seasons amid the nationwide protests …
Discussion:
Variety, @stevebattaglio, @brianstelter, The Wrap, The Streamable, @jbenton, TVLine, @onaircoop, @alexweprin, @mattgertz, TVNewser, The Hill and Hollywood Reporter
Bennett Madison / Gawker:
A young adult novelist confesses to writing fake letters to Slate's advice column and duping Tucker Carlson into discussing an obviously phony scenario on air — Sometime at the tail end of 2018, shortly after abandoning yet another draft of what was supposed to be my fifth Young Adult novel …
Discussion:
Mediaite, @lisafleisher, @caitlindewey, @lmlauramarsh, @cahnemily, @ishaantharoor, @dandrezner, @acsifferlin, @justinbaragona, @kenlowery, @thelincoln, @davidmackau, @jscros, @pbump, @zunguzungu, @bernstein, @aedwardslevy, @oneunderscore__, @dwaldenwrites, @charlesflehman, @urbanachievr and @katiebakes
Kim Lyons / The Verge:
Litecoin spiked ~20% after several news outlets, including Reuters and CNBC, reported that Walmart would begin accepting it based on a fake press release — GlobeNewswire, the site where the hoax release was posted, said it came from a fraudulent user account.
Discussion:
@nickbilton, CNBC, ScreenRant, Fast Company, @rachaelrad, @oliverdarcy, UPI, Gizmodo, @loganbartlett, @dbreunig, @reuterstech, @peterschiff, @neerajka, @fredbenenson, @lanceulanoff, @area224, @robpegoraro, @dangillmor, @harrymccracken, CoinDesk, @fintechfrank, @neerajka, @carnage4life and @prestonjbyrne, more at Techmeme »
Samantha Subin / CNBC:
Intuit says it has agreed to acquire Mailchimp for $12B in cash and stock — - Intuit will buy email marketing company Mailchimp for $12 billion, the companies announced Monday. — Intuit said it will use the acquisition to accelerate growth among small business clients.
Discussion:
Business Wire, @danprimack, TechCrunch, Wall Street Journal, @sarafischer, Bloomberg, @jenny8lee, @asanwal, @chrisferdinandi, @yoda, @ericjackson, @acce, @intuit, @mijustin, @benchestnut, @davepell, @microacquire, @larahbalazs, @pauljudge, @dz, @tanayj, @edmundlee, @harrymccracken, @danacimilluca, @levynews, @eghosao, @kimbui and @anthony, more at Techmeme »
Rose Hill / Mirror:
Andrew Neil says he has resigned as chairman of GB News — Broadcaster Andrew Neil, 72, has said that he has decided to ‘cut back’ on a number of his work commitments — Andrew Neil has resigned as chairman on GB News, with the channel offering a statement following his sudden exit.
Discussion:
@afneil, Telegraph, The Guardian, @jimwaterson, Financial Times, TVNewser, @rewearmouth, @petepaphides, @juliahb1, @gbnews, BBC, City A.M., @dawnbutlerbrent, @gbnews, @jimwaterson, @scottygb, @aljwhite, @marypcbuk, @kevin_maguire, @oliverdarcy, @paul__johnson, @jimwaterson, @lionelbarber, @gbnews, @edmorrish, @sturdyalex, @hkesvani, @bbcpaulmurphy, @owenjones84, Guido Fawkes and @scottygb
RELATED:
Lucas Shaw / Bloomberg:
Puck formally unveils its website and says it will soon launch a paywall, which will give readers access to stories, live events, and personal time with writers — Puck was founded by four media veterans in New York. — Julia Ioffe was finishing up a book earlier this year when she decided it was time to get a full-time job.
Discussion:
@juliaioffe, @beniaminov, @lucas_shaw, @tina_nguyen, @juliaioffe and @sarafischer
Joe Pompeo / Vanity Fair:
Former New York Post gossip columnist Richard Johnson says he is coming out of retirement to write a gossip column for the Daily News — In a throwback to the tabloid wars of yore, the famed (and feared) former New York Post scribe is ditching retirement to dish for the Daily News.
Discussion:
The Wrap, @joepompeo, @joepompeo, @joepompeo, @claytonguse, Yahoo Finance and @jeremymbarr
Joe Flint / Wall Street Journal:
ViacomCBS is revamping Paramount Pictures' operations, which will see its movie and TV production arms run separately, the latter led by David Nevins — TV veteran David Nevins will oversee Paramount TV in new alignment — ViacomCBS Inc. is revamping the operations of its Paramount Pictures movie …
Discussion:
New York Post, The Wrap, @jbflint, @anthony, Deadline, Variety, @davidpoland, Hollywood Reporter, @alansoclof, @benfritz, @isladeperr0s and @snoodit
Brian Schwartz / CNBC:
Three media companies linked to wealthy Chinese exile Guo Wengui, including GTV Media, reach a $539M+ settlement with SEC for offering unregistered securities — - The SEC has charged three media companies linked to wealthy Chinese exile Guo Wengui with illegal unregistered securities offerings.
CNN:
WaPo, CNN, and ABC News have let Flash video and interactive coverage from 9/11 rot, while USA Today and the NYT have restored some old Flash-based content — New York (CNN Business)Journalism is often considered the first draft of history, but what happens when that draft is written on a software program that becomes obsolete?
Discussion:
@rubberbandits, Media Nation, @cnn and @cmclymer
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