Top News:
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, The Guardian, Telegraph, Financial Times, TVNewser, @jimwaterson, @gbnews, @marypcbuk, BBC, @jimwaterson, City A.M., @edmorrish, @dawnbutlerbrent, @paul__johnson, @hkesvani, @scottygb, @aljwhite, @scottygb, @gbnews, @gbnews, @oliverdarcy, @kevin_maguire, @jimwaterson and Guido Fawkes
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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, The Streamable, TVNewser, The Wrap, The Hill, @stevebattaglio, @brianstelter, @jbenton, TVLine, @onaircoop, @alexweprin and Hollywood Reporter
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 Wrap, @kantrowitz, The Time of Monsters, @sarahw, @benyt, Insider, @willoremus, @dylanbyers, Mediaite, @dfriedman33, @prchovanec, @jonlemire, @joanwalsh, The Guardian, @justinhendrix, @mathewi, @fergusonnews, @therickwilson, @swin24, @page88, @daveweigel, @maggienyt, @michaelwolffnyc, @carloslozadawp, @davidgura, @chuckrossdc, @heerjeet, @tomphilpott, The Week, @markhorowitz and @joyannreid
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 — An apparently fake press release said the retailer would begin accepting the cryptocurrency — The Litecoin cryptocurrency saw …
Discussion:
@nickbilton, Fast Company, CNBC, @rachaelrad, Insider, @area224, @fintechfrank, UPI, Gizmodo, @lanceulanoff, @robpegoraro, @harrymccracken, @reuterstech, @fredbenenson, @prestonjbyrne, CoinDesk, @loganbartlett, @dbreunig, @peterschiff, @neerajka, @dangillmor, @neerajka and @carnage4life, more at Techmeme »
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:
@tina_nguyen, @juliaioffe and @lucas_shaw
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:
Media Nation, @rubberbandits, @cnn and @cmclymer
Joe Flint / Wall Street Journal:
Sources: 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 …
Discussion:
New York Post, The Wrap, @anthony, Deadline, Variety, @jbflint, Hollywood Reporter, @alansoclof, @isladeperr0s, @snoodit and @michael_calia
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.
Discussion:
U.S. Securities …, Insider, Financial Times, Axios, Gizmodo, Wall Street Journal, @danprimack, @secgov, @lrozen, @bobfu4china, @dfriedman33, @felixsalmon, Reuters, @sarafischer, @truefactsstated and @profcarroll
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:
@joepompeo, Yahoo Finance, @joepompeo, @joepompeo, @claytonguse and @jeremymbarr
Sara Fischer / Axios:
Washington Post relaunches its 202 newsletter suite with shorter, digestible newsletters that are personality-driven and adds an email focusing on climate — The Washington Post is relaunching its 202 newsletter suite with a new email around climate, new authors and an expanded product suite.
Discussion:
@oliverdarcy, @sarafischer and @jeremymbarr
Dan Rys / Billboard:
RIAA: music streaming revenue grew 26% YoY in H1 to $5.9B, comprising 84% of all revenue; paid sub revenue grew 26% to $4.6B, ad-supported grew 54% to $741M — Recorded music revenues in the United States in the first half of 2021 returned to double-digit growth a year after the pandemic slowed …
Discussion:
MediaPost, Variety and Music Business Worldwide
Jem Aswad / Variety:
Live Nation resumes its delayed acquisition of a 51% stake in Mexico's largest concert provider Ocesa Entretenimiento for around $444M — Live Nation has resumed its acquisition of a 51% controlling interest in Ocesa Entretenimiento, a leading promoter in Latin America and owner of Ticketmaster Mexico …
Discussion:
Billboard and Music Business Worldwide
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