Top News:
The New York Times Company:
NYT names a new interdepartmental team to help leadership build audience trust, working closely with the newsroom's Standards department — A new cross-functional team will help the company's leadership establish a vision for how our report can continue to evolve to convey our values and ensure accuracy.
Rick Edmonds / Poynter:
A look at National Trust for Local News, which plans to sell local news bonds and build a $300M fund to help local news outlets — Rather than grants, the trust dispenses venture capital and advice, with a goal of growing local support to serve small-town news deserts.
Discussion:
@poynter, @alanmillernlp, @lindashapley, @poynter, @spj_tweets, American Press Institute and Editor and Publisher
Matt Donnelly / Variety:
Sources: LeBron James' SpringHill is in advanced talks for an investment from Fenway Sports Group, RedBird Capital, and Nike, valuing it around $650M-$700M — While the NBA legend and his longtime business partner Maverick Carter have expressly told potential suitors they are not looking …
Discussion:
The Information, Sportico, @sizpatel, The Wrap and Hollywood Reporter
Matthew Keys / FierceVideo:
Next month, Fox News will formally launch Fox Weather, a free streaming weather network with a website and mobile apps; Sharri Berg will serve as president — Fox Corporation is hoping to replicate its success in the fields of general entertainment, news and sports with the launch of a new …
Discussion:
@matthewkeyslive, Thanks:@matthewkeyslive
Rick Porter / The Hollywood Reporter:
ViacomCBS launches BET Studios, offering Black creatives an equity stake to produce content for outlets within and outside the media conglomerate — The three producers will be equity partners in the venture, which Aisha Summers Burke has been tapped to lead.
Discussion:
The Wrap, Deadline, Variety and Realscreen
Brian Welk / The Wrap:
National Association of Broadcasters cancels next month's convention in Las Vegas amid a COVID-19 surge and says it hopes to hold the next event in April 2022 — The National Association of Broadcasters, or NAB, has canceled its 2021 NAB Show that was scheduled for Las Vegas next month amid …
Discussion:
Variety, @keycodemedia, Light Reading, Deadline, insideradio.com, Radio & Television …, nexttv.com, Broadband TV News, KLAS, Realscreen and Hollywood Reporter
Josh Gerstein / Politico:
Appeals court rejects Devin Nunes' defamation suit over a 2018 Esquire article, but says he may have been libeled when a reporter tweeted out the story in 2019 — A federal appeals court has rejected Rep. Devin Nunes' defamation suit over a magazine story about his relatives in Iowa …
Discussion:
@jkosseff, MediaPost, @medialawprof, @erikwemple, Law & Crime, @5dollarfeminist, @ericnewcomer, @ericnewcomer, @lawsuitsdevin, @imillhiser, @erikwemple, @oliverdarcy, @abeaujon, @ericnewcomer, @senkevincramer, @eriqgardner, @erikwemple, @natsecgeek, @puxxled, @ericnewcomer, @aricohn, @erikwemple and @erikwemple
Todd Spangler / Variety:
Quibi settles its legal battle with interactive video company Eko, as part of which Eko will get the IP for the Turnstyle mobile-video viewing feature — But it has lived on as holding company because of a legal battle with interactive-video firm Eko, which alleged Quibi stole trade secrets and infringed Eko patents.
Discussion:
Deadline, The Verge, Tubefilter and @xpangler
Dan Froomkin / Press Watch:
Top newsrooms won't acknowledge the straight line from the Iraq War to January 6 riot because it would involve admitting decades of poor coverage of GOP's lies — (I'm relaunching Press Watch today after taking some time to deal with other things and think about the site's future. Thanks for bearing with me.
Discussion:
@larryglickman, @froomkin, @athenae, @froomkin and @froomkin
Kerry Flynn / CNN:
Clubhouse hires Nina Gregory, senior editor for NPR's Arts Desk, as its first head of news and media publishers — New York (CNN Business)Live audio app Clubhouse boomed during the early months of the pandemic as people craved social connections and entertainment while spending most of their time isolated and inside.
Discussion:
@vanessamarigold, @fdwellington, @kerrymflynn, @madhulikasikka, @themattadams, @mayawatson, @jenny8lee, @niketa, @tomgara, Hollywood Reporter, @christenlien, @kerrymflynn, @kerrymflynn, @deggans, @kerrymflynn, @radiomirage, @justinebateman, @jowyang, Variety, The Wrap, TechCrunch and AllAccess.com
A.J. Katz / TVNewser:
E.W. Scripps will relaunch national news network Newsy on Oct. 1, broadcasting over the air and OTT and led by Kate O'Brian, formerly of ABC News and Al Jazeera — The E.W. Scripps Company is relaunching its national news network Newsy as a 24/7 news outlet that will broadcast over-the-air and OTT.
Joe Pompeo / Vanity Fair:
Profile of veteran Black journalist Kevin Merida who became the executive editor of LA Times in June and says he wants to “redefine what a modern newspaper is” — The new executive editor of the L.A. Times rode a stellar career to helm California's paper of record.
Discussion:
@mlcalderone, @laobserved, @joepompeo, @adriana_lacy, @kainazamaria, @hughhewitt and Mediaite
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