Top News:


Gannett is hiring a full-time Taylor Swift Reporter to cover Swift's fanbase and her effect on pop culture as she embarks on the next stage of her Eras Tour — The chance to report on Taylor Swift full-time just debuted. — Millions of Americans encounter the immovable force that is Taylor Swift …
Discussion:
Dayforce, The Wrap, The Guardian, Variety, New York Post, Insider, CNBC, @theo_wayt, Fox Business, @theangiehero, @natalieweiner, @jeremypgordon, @kgroetz, @a_w_gordon, @melodymercadotv, @corbinbolies, @arakkisuperstar, @erinkwoo, @en_cohen, @saeeddicaprio, @seamushughes, @noahpasaran, @dvergano, @cheriehu42, @mrjoshuabowling, @kissphoria, @domluszczyszyn, @alexrkonrad, @gracesdeng, @marlownyc, @corbinbolies, @ewdatsgross, @mattbelloni, Nieman Lab, The Hill, New York Daily News and MediaPost


NYC's pension funds sue Fox, accusing the company of neglecting its shareholder duties by opening itself up to defamation lawsuits tied to the 2020 US election — The funds accuse the Fox Corporation board of neglecting its responsibility to shareholders by leaving the company open to defamation lawsuits.
Discussion:
The Desk, doj.state.or.us, The Wrap, Associated Press, Deadline, @mattsheffield@mastodon.social, @taylorbuley, Mediaite, CNN, @ivanthek, The Hill and The Daily Beast


The Colorado Sun, a five-year-old for-profit digital news organization launched by former The Denver Post journalists, moves toward a nonprofit model — “Whether I agree with it or not, whether I even like it or not, the reality is that many individuals, many institutions and philanthropic groups …
Discussion:
The Colorado Sun, @sarahscire, @localmediarocks, @laurahazardowen and @ckrewson


Ex-NFL Network reporter Jim Trotter sues the NFL for racial discrimination, alleging his contract wasn't renewed after he called out the NFL's lack of diversity — Jim Trotter said his contract with the NFL Network was not renewed after he challenged Commissioner Roger Goodell and other executives …
Discussion:
Axios, Associated Press, Fox News, The Hill, @nrarmour, NBCSports.com, Mediaite, The Athletic, Defector, CNN, @jimtrotter_nfl, @claytravis, The Daily Beast, @danprimack, Washington Post, United States District Court Southern District of New York, Awful Announcing, The Messenger and Barrett Media


The Economist plans to introduce Economist Podcasts+, a tier that in mid-October will offer exclusive access to all of the Economist's podcasts for $4.90/month — The Economist plans to introduce a new subscription tier this Thursday called Economist Podcasts+ for $4.90 monthly, the Economist president Bob Cohn told Axios.
Discussion:
Media Voices, @jackmarshall and Talking Biz News


Source: The White House plans to send a letter to US news executives, including CNN and The NYT, urging them to “ramp up” their scrutiny of House Republicans — The White House plans to send a letter to top US news executives on Wednesday, urging them to intensify their scrutiny …
Discussion:
Fox News, The Messenger, Politico and Breitbart


Endeavor combines the WWE with UFC to form TKO Group, and plans to keep the two separate in US rights deals but leverage them together for global rights deals — - Tim Baysinger, author of Axios Pro: Media Deals — Endeavor plans to keep UFC and WWE separate in U.S. rights deals …
Discussion:
The Ringer, Variety, Fox Business, Fast Company, @sherman4949, @joepompliano, Awful Announcing, CNBC, Los Angeles Times, Deadline, The Hollywood Reporter and The Messenger


TikTok begins rolling out TikTok Shop to all US users, adding a button to the app's home screen that sends users to a marketplace, and already has 200K sellers — The company is beginning to introduce TikTok Shop to all of the app's users in the U.S., hoping to add a major new revenue stream.
Discussion:
Ad Age, @sino_market, The Guardian, @tiktokcomms, CBS News, TechCrunch, Reuters, The Messenger, Gizmodo, The Verge, TikTok and Insider Intelligence, more at Techmeme »


The Sporting News raised $15M led by Playtech, valuing the outlet in the “eight figures”; TSN was founded as a newspaper in 1886 and became digital-only in 2012 — The Sporting News, a digital sports news site, has raised $15 million in a growth round led by Playtech, a London-based …


How a decade-long effort to restructure loans extended to the Barclay family culminated in Lloyds Banking Group seizing control of the Telegraph newspaper group — How a decade-long effort to restructure loans extended to the reclusive businessmen's empire culminated in Lloyds Banking Group seizing control of a national newspaper


Sources describe Apollo's Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue — When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt.
Discussion:
@rachelagraf, @natebecker, @natebecker, @semaforben, @jessicalessin and @jamesgillespiex


Nielsen's Gracenote unveils the FAST Program, designed to help content companies get their FAST channels and programming distributed by major streaming services — Unveiled at IBC in Amsterdam, it promises “better FAST content visibility, consumption and monetization.”
Discussion:
Media Play News and MediaPost