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.
Discussion:
Wall Street Journal, CNN, NPR, The Wrap, New York Post, Variety, @jbflint, @kerrymflynn, @pkafka, @tomgara, @jbflint, @bobbyonmain, @alexweprin, @alexsalvinews, @aherman2006, @marksweney, @blowryontv, @b52malmet, @bradmichelson, @mpfied, @alexweprin, @ckrewson, @loudmouthjulia, @rulingsports, Los Angeles Times, Mediaite, Axios, Decider and The Hill
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:
@pbump, @lisafleisher, @caitlindewey, @kenlowery, @lmlauramarsh, @zunguzungu, @bernstein, @dkthomp, @cahnemily, @thelincoln, @ishaantharoor, @lindsayism, @rachelrwithers, @aedwardslevy, @oneunderscore__, @dwaldenwrites, @dandrezner, @esotericcd, @charlesflehman, @acsifferlin, @justinbaragona, @bencjacobs, @urbanachievr, @kittypurrzog, @morten, @davidmackau, @katiebakes, @jscros, @leahfinnegan and Mediaite
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, @sarafischer, Wall Street Journal, Axios, @acce, @ryanqualtrics, @harrymccracken, @torrenegra, Nonsense & Ingredients, @davempayne, @stop, @intuit, @mijustin, @danacimilluca, @asanwal, @benchestnut, @chrisferdinandi, @davepell, @sasan_goodarzi, @microacquire, @levynews, @eghosao, @kimbui, @larahbalazs, @chriscantino, @halvorson, @edmundlee, @anthony, @jenny8lee, @yoda, @pauljudge, @mailchimp, @padresj, @dz, @tanayj, @dugsong, @ericjackson, TechCrunch, Bloomberg, Señales.co and ZDNet, more at Techmeme »
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, @rachaelrad, @oliverdarcy, @area224, @fintechfrank, @lanceulanoff, @robpegoraro, @harrymccracken, @reuterstech, @fredbenenson, @prestonjbyrne, @dbreunig, @dangillmor, @peterschiff, @neerajka, @neerajka, @loganbartlett, @carnage4life, ScreenRant, CoinDesk, UPI, Gizmodo and CoinDesk, more at Techmeme »
Elaine Yu / Wall Street Journal:
Chinese podcasting and audio platform Ximalaya files for a Hong Kong IPO after scrapping plans to list in New York — Ximalaya in April filed a draft prospectus for an IPO in the U.S. — The owner of a popular podcast and audio platform in China filed for an initial public offering …
Sara Fischer / Axios:
Breakthrough Energy, a climate advocacy network created by Bill Gates, is funding Cipher, a new, editorially independent outlet dedicated to the climate crisis — An energy coalition launched by Bill Gates is backing a new publication called “Cipher” dedicated to the coverage of the climate crisis, its new editor tells Axios.
Ian Burrell / New Statesman:
Channel 4 News staff say there is deep anxiety in the newsroom as the loss of senior figures coincides with plans by the UK government to privatize Channel 4 — As the channel faces the threat of privatisation, there is deep anxiety inside the newsroom. — There is a palpable anxiety inside …
Discussion:
@newstatesman, @iburrell and @newstatesman
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, New Statesman, @jimwaterson, Telegraph, @gbnews, @colinbraziergbn, @chrismcphaii, Conquest of the Useless, @petepaphides, @lionelbarber, @aameranwar, @sturdyalex, @juliahb1, @bbcpaulmurphy, @owenjones84, @rewearmouth, @marypcbuk, @jimwaterson, @edmorrish, @dawnbutlerbrent, @paul__johnson, @hkesvani, @scottygb, @aljwhite, @scottygb, @gbnews, @gbnews, @oliverdarcy, @kevin_maguire, @jimwaterson, The Guardian, Financial Times, BBC, Guido Fawkes and City A.M.
RELATED:
Jake Kanter / The Times:
Sources: several top presenters and producers are considering leaving GB News, as its increasingly populist agenda divides the newsroom
Discussion:
@lukemcgee, @edhottv, @andrew_graeme, @thetimes, @defencebrief, @damocrat, @leomontague91, @sturdyalex, @thetimes, @emmakennedy, @mattholehouse and @jake_kanter
Dawn Megli / Poynter:
A look at the trauma of local reporters for whom the line between personal and professional life is far more blurred than for national or foreign correspondents — In community journalism, trauma comes with the territory but mental health resources often do not — A local Marine died this summer while serving overseas.
Discussion:
@poynter, @davidglaubke, @noelle_phillips, @ashleyfitznl, @ilanakeller, @hollyvhays, @reporterdawn, @toacornnews, @mediathoughts and @kristenhare
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:
Medium, insideradio.com, MediaPost, Complete Music Update, RIAA, AllAccess.com, Variety and Music Business Worldwide, 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:
Puck, @juliaioffe, @beniaminov, @clarissaward, @raju, @sarafischer, @tina_nguyen, @juliaioffe and @lucas_shaw
Paul Farhi / Washington Post:
A history of the modern TV news crawl, launched by Fox News and followed by other national news networks to feed viewer's need for constant news on 9/11 — The shock and panic of Sept. 11, 2001, faded with time. But the crawl endured. — Fox News was the first that day.
Discussion:
@amyargetsinger, @notrobwalker, @itsokihaveabook, @robmarmet, @niemanlab, @sulliview and The Art of Noticing
Sharif Hassan / New York Times:
Local journalists say Afghanistan's free press, a point of pride, is threatened by the Taliban, leading to self-censorship and a dwindling journalist population — The Taliban promised to respect press freedoms, but the new government has already showed signs of repression, and has even physically assaulted Afghan journalists.
Discussion:
Al Jazeera, @niemanlab, @spj_tweets, @kenroth, @alfonslopeztena, @helene731, @peterbakernyt and The GroundTruth Project
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