Top News:
Corbin Bolies / The Daily Beast:
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
Katie Robertson / New York Times:
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
Dan Kennedy / Nieman Lab:
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
New York Times:
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
Sara Fischer / Axios:
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
Oliver Darcy / CNN:
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
Tim Baysinger / Axios:
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
Sapna Maheshwari / New York Times:
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 »
Sara Fischer / Axios:
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 …
Financial Times:
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
Rachel Graf / The Information:
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
Georg Szalai / The Hollywood Reporter:
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:
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