Top News:
New York Times:
Ozy investor LifeLine sues the outlet, claiming it failed to disclose pertinent information in February, prior to LifeLine's $2M+ investment — A fund manager that invested more than $2 million in Ozy Media filed a lawsuit on Monday, claiming that the company “engaged in fraudulent, deceptive and illegal conduct.”
Discussion:
Insider, @katie_robertson, New York Magazine, New York Times, Deadline, @justinjm1, @benyt, @jbenton, @sruhle, @jbenton, @jacq_thomsen, @jpmanga, @owasow, @patrickcoffee, @danprimack, @danprimack, @byjoelanderson, Newser, @benyt, The Daily Beast, Gawker, Axios, The Wrap, @pomeranian99, The Daily Beast, Mediaite and Bloomberg
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Jessica Bursztynsky / CNBC:
Carlos Watson says Ozy Media is not shutting down after having “good conversations” with investors and advertisers and Friday's announcement was “premature”
Discussion:
New York Times, @todayshow, @benyt, @sarafischer, Nieman Lab, @digidave, @hmcghee, @laurenwilliams, @geedee215, Washington Post, @ezraklein, Gawker, The Hill, @sarafischer, @brianstelter, @mccarthyryanj, MarketWatch, @alexweprin, Los Angeles Times, MediaPost, @jason_kint, @craigsilverman, Poynter, @film_girl, @jbarro, @noahshachtman, @sarafischer, @mathewi, @andrewpauljoyce, @maxwelltani, @_cingraham, @brianstelter, @chrislhayes, @kaidiekmann, @jeremymbarr, @neontaster, @benyt, @brianstelter, @joefav, @brianstelter, @sarafischer, @digitalshields, @sarafischer, @chronotope, @kerrymflynn, @marisakabas, @bmorrissey, @digitalshields, @craigsilverman, @sarafischer, @sarafischer, @jayrosen_nyu, @nycjim, @sherman4949, @phkeane, @alexweprin, @juddlegum, @danprimack, @sherman4949, @alexweprin, @alexyoung, @squawkcnbc, @tomgara, @goldietaylor, @cnbc, @millie, @sarafischer, CNN, Ad Age, Associated Press, Substack, Quartz, Vanity Fair, The Wrap, TVNewser and bookforum.com
Chaim Gartenberg / The Verge:
Twitter is shutting down Scroll in about 30 days, rolling the ad-free subscription web service into Twitter Blue as Ad-Free Articles — Scroll won't be available as an independent service anymore — Scroll's ad-free subscription web service is shutting down as an independent entity in …
Discussion:
@kerrymflynn, @chartier, @jackmarshall and TechCrunch
Ethan Millman / Rolling Stone:
Tina Turner sells her music rights and more to BMG, which calls the deal its single largest artist acquisition yet; Warner Music will remain her record company — The company calls the Turner deal — which includes her name, image and likeness — its single largest artist acquisition ever
Discussion:
Variety, Billboard, @achildof2worlds, @tedgioia, @millmanethan, @exavierpope, @marcusjdl, @rdotspoon, @thecosby and The Wrap
Laura Hazard Owen / Nieman Lab:
Daily Mail Online ran a lawyer's full tweet thread as a sidebar to another story, then after he complained, put the tweets into the main story and paid him — On Tuesday Adam Wagner, a British human rights lawyer and law professor, wrote a tweet thread in response to a BBC article …
Discussion:
Daily Mail, BBC, @emilybell, @estherbeadle, @eaton, @b_judah, @laurahazardowen, @michaelroston, @willperrin, @abeaujon, @lisataljard, @quinnypig, @rasmus_kleis, @twlldun, @peterkgeoghegan and @rasmus_kleis
Defector:
In annual report, Defector says 80%+ of subscribers are on annual plans, of which ~85% renewed subscriptions, and advertising on Twitter was “very unpleasant” — Purpose of this report — Annual reports are usually created to provide insight into a company's business operations …
Brian Schwartz / CNBC:
The Dallas Morning News rejects a political PAC's ad that criticized Dallas-based AT&T for donating to politicians who backed a strict Texas anti-abortion bill — - The Dallas Morning News won't run an ad calling out AT&T by name over the company's donations to lawmakers who backed …
Discussion:
@maxasteele, @schwartzbcnbc, @caaction2021 and @schwartzbcnbc
Thomas Seal / Bloomberg:
Sources: BBC, ITV, Channel 4, and Channel 5 are developing a joint streaming service to defend against US tech giants and a planned overhaul of TV laws in UK — - BBC and rivals devise common platform to ensure prominence — HBO Max, Sky smart-TV launch turn up heat on European media
Michael Karam / Report for the World:
Report for the World launches in Brazil and partners with two more newsrooms in India and Nigeria, bringing the total corps size to 15 journalists — BOSTON — Report for the World announced today that it has more than doubled the size of its program, less than a year since launching in February …
Discussion:
@report4theworld, @jengriffinfnc, @khushbuoshea and @report4theworld
Chris Scullion / Video Games Chronicle:
A 4chan user leaks alleged Twitch source code, creator payouts from 2019-2021, proprietary SDKs and internal AWS services, and more; source says Twitch is aware — SOURCE CODES AND USER PAYOUTS AMONG THE DATA RELEASED IN A 128GB TORRENT — An anonymous hacker claims to have leaked the entirety of Twitch …
@theappeal:
[Thread] The Appeal starts a weekly newsletter and says its news site about the criminal legal system will relaunch as a worker-led nonprofit in November — The Appeal is back! Thanks to our generous supporters and the hard work of our transition team, the workers have officially taken over The Appeal. Read our public statement below. Donate to support our relaunch here: https://trypico.com/... https://twitter.com/...
Elizabeth A. Harris / New York Times:
The disruption of global supply chains has reached the publishing industry, causing shipping delays and printer backups, exacerbated by worker shortages — Shipping delays, printer backups and worker shortages are forcing publishers to postpone new titles and leaving booksellers in a lurch for some old ones.
Discussion:
@erinisaway, @princetonupress, @petersgoodman, @nytimesbooks, @studiojjk, bookforum.com, @vermontgmg, @benjysarlin, @nicolesjchung, @johnghendy and @likaluca
Elaine Godfrey / The Atlantic:
Case study: the collapse of one Iowa newspaper, replaced by community Facebook groups full of rumors and angry takes on national political news — The grain elevator exploded on a cool April morning in 1987, six years before I was born. My father was testing a clay sample in a lab two miles away when suddenly the dial jumped.
Discussion:
@elainejgodfrey, @suhm_ting_wong, @jtlinder, @joeyneverjoe, @pomeranian99, @obrien_kat, @joshhochschild, @ryanlcooper, @emmaogreen, @sarabethberman, @kemc, @dangillmor, @skooks, @jabogen, @hawkeyekirk, @rushthewriter, @whet, @chevytothe_levy, @laurarbelin, @bruce_arthur, @ericschmoldt, @nickbaumann, @brooklynmarie, @gteresa, @prashantrao, @andydowning33, @justinjm1, @mep and @scottdochterman
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