Top News:
New York Times:
Lachlan Murdoch completes a deal to secure control of his family's media empire, ensuring that it remains conservative; source: the deal is valued at $3.3B — Lachlan Murdoch will take control of a new family trust in a deal worth $3.3 billion, ensuring that his father's media empire will retain its conservative slant.
Discussion:
The Guardian, BBC, CNBC, New York Times, Sports Business Journal, @victorpickard.bsky.social, Business Wire, Washington Post, The Hollywood Reporter, The A.V. Club, Variety, Proactive, @dylanbyers, Mediaweek, NOTUS, Australian Financial Review, Sydney Morning Herald, @jeremymbarr, @mgsiegler, @jonathanmahler, @claireatki, @grynbaum, @claireatki, NDTV Profit, Le Monde, @cdarwin@c.im, Bloomberg, Mumbrella, The Information, Fortune, New York Post, Newser, Axios, Semafor, Los Angeles Times, Mediaite, Financial Times, Business Insider, @erosalie.infoepi.com, The Hill, Wall Street Journal, KDFX-TV, The Times, Awful Announcing, Deadline, @joshsternberg.com, @bgrueskin.bsky.social, @mariopro.bsky.social, Bloomberg, @lopatto.bsky.social, @passantino.bsky.social and Forbes
RELATED:
New York Times:
A profile of Lachlan Murdoch, an intensely private person who moved to Sydney in 2021 and is set to control the Murdoch empire, retaining its conservative tilt — Photo Illustration by Zak Bickel/The New York Times; Photographs by Dina Litovsky for The New York Times; Emily Najera for The New York Times …
Discussion:
The Wrap, Mediaite, The Guardian, Australian Financial Review, GB News, The Indian Express, Sydney Morning Herald, Crooks and Liars, Proactive, @jeffjarvis.bsky.social, Al Jazeera, Times of India, israelhayom.com, France 24, ABC, Sky News, RTÉ, RedState, Daily Mail, TODAY.com, Associated Press, Business Insider, Reuters, CNN, Benzinga, NPR and Tatler
Reuters:
The Nepalese government lifts its social media ban after 19 people were killed and 100+ were injured in anti-corruption protests that were triggered by the ban — Nepal has lifted a social media ban following protests that resulted in the deaths of 19 people, a government minister said on Tuesday.
Discussion:
BBC, MediaNama, The Guardian, The Sun, Engadget, Associated Press, Bloomberg, Time, The Guardian, Yahoo News, Reuters, Washington Post, Associated Press, @sabeer, @zoo_bear, @chellaney, @mainbhiengineer, @iraisaqib, @dhruv_rathee, @pbhushan1, Reuters, Washington Post, Associated Press, Agence France-Presse, New York Times, Al Jazeera, The Kathmandu Post, The Economic Times, New York Times, Outlook India, Bloomberg, Moneycontrol, Reuters, Reuters, TechCrunch, @saurabhsherry, Sky News, KSTP-TV, Financial Times, Semafor, NDTV, Al Jazeera, Mashable, Times of India, CBC News, UPI and WTOP News, more at Techmeme »
Charlotte Klein / New York Magazine:
Major outlets have cut or reassigned cultural criticism roles, amid industry contraction and the difficulty of stand-alone reviews generating traffic — It has been a tough summer for cultural critics. The Associated Press said it would end its weekly book reviews, citing …
Ben Sisario / New York Times:
Independent music company Reservoir Media acquires the majority of the Miles Davis estate's music rights; Reservoir has spent $876M on acquisitions since 2007 — Reservoir, led by Golnar Khosrowshahi, has acquired the majority of music rights owned by the Davis estate ahead of the jazz master's centennial next year.
Discussion:
Billboard, Variety, Rolling Stone, Reservoir and Music Business Worldwide
Ted Johnson / Deadline:
Paramount appoints Kenneth Weinstein, former president and CEO of the conservative think tank Hudson Institute, as the ombudsman for CBS News — Paramount has tapped Kenneth R. Weinstein, former president and CEO of the Hudson Institute, to serve as ombudsman for CBS News.
Discussion:
Status, The Hollywood Reporter, Poynter, The Hill, CBS News, @agomezfcc, @grynbaum, NCS | NewscastStudio, @nellminow.bsky.social, @passantino.bsky.social, @tedstew, @jeffjarvis.bsky.social, @jeremymbarr, @tedstew, @jeremymbarr, @grynbaum, @edmundlee, @jonathancohn, @adamjohnsonchi, @brianstelter, Washington Post, The A.V. Club, Jewish Insider, Newsbusters, New York Times, The Washington Free Beacon, Variety, Reuters, Multicast News, Adweek, The Independent, New York Post, @vermontgmg.bsky.social, Fox News, @pbump.com, Los Angeles Times, Bloomberg, TheDesk.net, The Wrap and TVNewsCheck
Fred Vogelstein / Crazy Stupid Tech:
A profile of Techmeme, which turns 20 this week yet oddly works and looks the same way it did in 2005, as its executive-heavy readership expands in the AI boom — Every morning nearly 100,000 geeks world wide, including some of the richest tech barons in the universe, fire …
Sara Fischer / Axios:
Minute Media, owner of The Players' Tribune, acquires VideoVerse, a software platform for distributing real-time sports highlights, in its largest deal to date — Minute Media, the parent company to sports and entertainment sites like The Players' Tribune and Mental Floss, has acquired VideoVerse …
Discussion:
TechCrunch, AdExchanger, TheDesk.net, Advanced Television, TVNewsCheck, Inc42 Media, Sports Business Journal, @minutemedialtd and @sarafischer
Brian Steinberg / Variety:
Former CBS News CEO Wendy McMahon, who left the network in May, will take up an advisory and consultant role with Beehiiv, working with its CEO, Tyler Denk — As an executive who once supervised CBS News, Wendy McMahon made frequent appearances in “Status,” the media-industry newsletter written …
Alice Brooker / Press Gazette:
US-based Refinery29 closes its UK office, lays off staff, and shuts down the UK operation of its Black women-focused sub-brand Unbothered — Refinery29 will continue operations in the US, France, and Germany. — US-based digital media company Refinery29 has closed its UK operations and made an unknown number of company-wide cuts.
Annelise Levy / Bloomberg Law:
A US federal judge postpones Anthropic's $1.5B copyright settlement over concerns that class lawyers are striking a deal behind the scenes to force on authors — The federal judge overseeing Anthropic PBC's proposed $1.5 billion copyright settlement is concerned class lawyers are striking …
Discussion:
Engadget, PCMag, Chat GPT Is Eating the World, Implicator.ai, WinBuzzer, @anneliselevy, @technollama.bsky.social, ai fray, KnowTechie, Silicon Republic, @sarahweinman.com, @profciara.bsky.social, @mwl@io.mwl.io, Chat GPT Is Eating the World, @eidyngray.scot, @jasonsanford.bsky.social, @mmasnick.bsky.social and Associated Press, more at Techmeme »
Rebecca Rubin / Variety:
As the latest Conjuring movie grosses $83M domestically this weekend, Warner Bros. sets a record with seven consecutive movies opening above $40M domestically — Talk about a scary-good box office streak. — “The Conjuring: Last Rites,” which scored a franchise-best launch …
Discussion:
World of Reel, Comic Book, Screen Rant, MediaPost and Gamereactor UK
