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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.
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CNN, The Wrap, Wall Street Journal, Variety, Mediaite, Axios, Los Angeles Times, @kerrymflynn, New York Post, @b52malmet, @mpfied, @pkafka, Decider, @jbflint, @bobbyonmain, @alexweprin, @alexsalvinews, @aherman2006, @jbflint, @marksweney, @blowryontv, @bradmichelson, @alexweprin and @loudmouthjulia


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, @pbump, @lisafleisher, @caitlindewey, @kenlowery, @lmlauramarsh, @zunguzungu, @bernstein, @cahnemily, @thelincoln, @ishaantharoor, @aedwardslevy, @oneunderscore__, @dwaldenwrites, @dandrezner, @charlesflehman, @acsifferlin, @justinbaragona, @urbanachievr, @davidmackau, @katiebakes and @jscros


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, @rachaelrad, Fast Company, @loganbartlett, @dbreunig, @reuterstech, @peterschiff, @neerajka, @fredbenenson, Gizmodo, @lanceulanoff, @area224, @robpegoraro, @dangillmor, @harrymccracken, CoinDesk, @fintechfrank, @neerajka, @carnage4life, @oliverdarcy, @prestonjbyrne and UPI, more at Techmeme »


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 …
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Variety, @stevebattaglio, @brianstelter, The Wrap, The Streamable, @jbenton, TVLine, @onaircoop, @alexweprin, @mattgertz, TVNewser, The Hill and Hollywood Reporter


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 Guardian, @justinhendrix, @mathewi, @fergusonnews, @dfriedman33, @therickwilson, Mediaite, @page88, @daveweigel, @michaelwolffnyc, @carloslozadawp, @prchovanec, @davidgura, @chuckrossdc, @dylanbyers, @jonlemire, @tomphilpott, @markhorowitz, @joanwalsh, @joyannreid, Insider, @swin24, @heerjeet, @maggienyt, The Wrap and The Week


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.
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@afneil, Telegraph, @jimwaterson, The Guardian, @gbnews, Financial Times, TVNewser, @dawnbutlerbrent, @gbnews, @jimwaterson, @scottygb, @aljwhite, @marypcbuk, @kevin_maguire, @oliverdarcy, BBC, @paul__johnson, @petepaphides, @jimwaterson, @lionelbarber, @gbnews, @edmorrish, @sturdyalex, @hkesvani, @juliahb1, @bbcpaulmurphy, @owenjones84, Guido Fawkes, @scottygb, @rewearmouth and City A.M.
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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:
@clarissaward, @juliaioffe, @lucas_shaw, @beniaminov, @tina_nguyen, @juliaioffe and @sarafischer


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, @ryanqualtrics, @torrenegra, @chriscantino, ZDNet, @jenny8lee, Bloomberg, @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 »


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, The Wrap, @joepompeo, @joepompeo, @claytonguse, Yahoo Finance and @jeremymbarr


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.


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:
MediaPost, @oliverdarcy, @sarafischer and @jeremymbarr


A look at Spain's El Diario, founded in 2012, which had 2020 revenue of €9.7M, is economically independent, and offers free memberships for those who cannot pay — 2021-09-09. El Diario, a Spanish online-only news company, was founded in 2012 with the primary aim of reconnecting society with journalism.
Discussion:
American Press Institute