Top News:
Anthony Lin / Bloomberg:
Fox Corp's chief legal officer, Viet Dinh, will leave his post at the end of 2023 and become a special adviser to Fox, following the $787.5M Dominion settlement — - Viet Dinh is departing as Fox chief legal and policy officer — Fox paid $787.5 million to settle suit over vote-fraud claims
Discussion:
CNN, Variety, The Desk, New York Times, The Wrap, Deadline, Wall Street Journal, @alexweprin and Hollywood Reporter
Angela Yang / NBC News:
Major outlets including Insider, Variety, and the LA Times had to walk back their reporting about the supposed death of child rapper Lil Tay — A post on Lil Tay's Instagram account announced her death. A day later, it was removed. — Lil Tay's life has always been shocking …
Discussion:
TMZ.com, Insider, Vox, @newslitproject.bsky.social, @danielrosney, @danielrosney, @assignedmedia, @kattenbarge, @kattenbarge, The A.V. Club, @jimmy_wales, @taylorlorenz.bsky.social, New York Post, The Daily Beast, The Hill, Los Angeles Times, Rolling Stone, Variety, Decider, New York Daily News, Page Six, The Wrap, Billboard, The Guardian and Mashable
Sam Roberts / New York Times:
Herbert J. Siegel, a billionaire entertainment industry mogul who enabled the 1989 Time Warner merger and sold 10 TV stations to News Corp. in 2000, dies at 95 — As head of Chris-Craft Industries, he played a role in the Time-Warner merger and sold 10 television stations to Rupert Murdoch.
Luc Cohen / Reuters:
A US judge revokes SBF's bail after the DOJ accused him of tampering with witnesses, such as by sharing former Alameda CEO Caroline Ellison's diary with the NYT — Sam Bankman-Fried's bail was revoked ahead of his October fraud trial, a U.S. judge said on Friday, after prosecutors accused …
Discussion:
The Verge, New York Times, Bloomberg, TechCrunch, CNN, Insider, Associated Press, Engadget, Gizmodo, New York Daily News, NPR, The Information, Al Jazeera, Rolling Stone, @intelligencer, CoinDesk, CoinDesk, @teddyschleifer, @teddyschleifer, @teddyschleifer, @teddyschleifer, @teddyschleifer, Semafor, @molly0xfff, @innercitypress, @innercitypress, @molly0xfff, @molly0xfff, @coindesk, Decrypt, Fox Business, New York Post, Fortune and Vanity Fair, more at Techmeme »
Josef Adalian / Vulture:
A look at bundling by smaller streamers, telcos' potential role in bundling, and opposition to sharing the same user interface among big streamers — This story first ran in Buffering, Vulture's newsletter about the streaming industry. Head to vulture.com/buffering and subscribe today!
Ivan Mehta / TechCrunch:
X lowers its eligibility threshold for ad revenue sharing from 15M to 5M impressions in the past three months; Musk: “only views from verified handles count” — Elon Musk-owned social network X, formerly Twitter, said late Thursday that it is lowering requirements for its creator payout program.
Discussion:
MediaPost, @support, Mashable, Search Engine Land, @elonmusk, @elonmusk and The Verge, more at Techmeme »
Nicole Gallucci / Decider:
Writers for the series Suits, which aired from 2011 to 2019 and has received renewed interest on Netflix and Peacock, criticize their paltry streaming residuals — As WGA and SAG-AFTRA strikes persist and tens of thousands of people withhold labor in pursuit of equitable streaming residuals …
Discussion:
The Streamable, Collider, @deweycrowe3, @lucas_shaw, @shayz0rz@mastodon.online, @lucas_shaw, Screen Rant, Us Weekly and Los Angeles Times
Georgi Azar / Bloomberg:
FC Barcelona plans to list its content creation unit Barca Media on Nasdaq in Q4 via a SPAC merger valued at $1B — Spanish football's FC Barcelona will list its content creation unit Barca Media in the US via a merger with a special purpose acquisition company that values the combined entity at $1 billion.
Discussion:
Fortune, Front Office Sports, Sportico, Reuters and Electrek
Todd Spangler / Variety:
The IRS files a claim in Vice Media's bankruptcy case saying Refinery29 owes the US government about $40.9M in back taxes, interest, and penalties — A rep for Vice Media Group did not immediately respond to a request for comment on the IRS claim. Vice Media completed the acquisition of Refinery29 …
Discussion:
Fast Company
Sarah Fielding / Engadget:
To fight spam, YouTube plans to deactivate links in Shorts descriptions, comments, and the vertical feed from August 31 and make social media icons unclickable — The move follows other anti-spam measures. — YouTube knows that it has a spam problem, particularly when it comes to its two-year-old Shorts feature.
Danny Goodwin / Search Engine Land:
The New York Times updated its terms of service on August 3, aiming to prevent AI companies from using the media organization's content to train their systems — Many large language models are trained using website content without permission - and some brands are demanding compensatation.
Discussion:
Gizmodo, The Wrap, Variety, The Verge, MediaNama, @ben@werd.social, Search Engine Journal, Agence France-Presse, @lauren@mastodon …, Adweek and Decrypt, more at Techmeme »
James Rainey / Los Angeles Times:
Diana Marcum, a Pulitzer Prize-winning former feature writer for the Los Angeles Times, San Bernardino Sun, Desert Sun, and Fresno Bee, dies at 60 — Diana Marcum forged a career, and a life, by giving a voice to Californians whom many people didn't take time to notice.
Discussion:
@larry_bohannan, @mattdpearce, @nicolemfoy, @janycemcgregor, Poynter, @janycemcgregor, @demianbulwa, @jaylclendenin, @janycemcgregor and Fresno Bee
Rohan Goswami / CNBC:
An interview with X CEO Linda Yaccarino on her having “autonomy” under Elon Musk, brands including Coca-Cola and Visa returning under her leadership, and more — WATCH NOW — X Corp. CEO Linda Yaccarino told CNBC that she has “autonomy” under owner Elon Musk in an interview Thursday …
Discussion:
JNS.org, MobileSyrup, The Hollywood Reporter, CNN, Gizmodo, @mmfa, Insider, @sparrowmedia, @mmfa, Boing Boing, @oneunderscore__, @atrupar, @darthbluesky.bsky.social, Mashable, @mmasnick.bsky.social, @jyarow, @w7voa, @justinbaragona, @junlper, CNN, Reclaim The Net, The Guardian, New York Post, TechCrunch, @librarianshipwreck … and The Wrap, more at Techmeme »
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