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2:35 PM ET, August 19, 2016

Mediagazer

 Top News: 
J.K. Trotter / Gawker:
Gawker.com announces it will shut down next week, after nearly 14 years of operation  —  After nearly fourteen years of operation, Gawker.com will be shutting down next week.  The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media's six other websites …
RELATED:
Max Read / New York Magazine:
Former Gawker EIC Max Read reflects on who really caused Gawker's demise, pointing to Nick Denton, A.J. Daulerio, Peter Thiel, himself, and others  —  Or was it Nick Denton?  Hulk Hogan?  Peter Thiel?  Or the internet?  —  It feels a bit strange to say this now, but in the spring of 2014 …
Benjamin Mullin / Poynter:
In memo, Gawker's Nick Denton says he will not join Univision and is getting out of news and gossip business  —  Nick Denton, the founder of Gawker.com, toasted the website Thursday in a memo to staff in the wake of the announcement that the site is closing before Univision takes possession of its parent company.
Philip Bump / Washington Post:
Gawker.com incubated writers who wrote with fearlessness and style, influencing broader web
Univision:
Univision formally announces Gawker Media acquisition for $135M, will not operate Gawker.com
Margaret Sullivan / Washington Post:
Gretchen Carlson is close to settling sexual harassment case against Roger Ailes, but she should go to court to keep issues she exposed in the public eye  —  For Gretchen Carlson, a big settlement in her sexual harassment lawsuit against Roger Ailes might be the best outcome personally.
RELATED:
Brian Stelter / CNNMoney:
Two Ailes assistants left Fox News this week, and contract hasn't been renewed for private eye and on-air contributor Bo Dietl  —  The Fox News housecleaning continues.  —  Two more executives closely associated with ex-chairman Roger Ailes, Brigette Boyle and Nikole King, left the network this week.
Bloomberg:
Sources: Viacom-Redstone battle ends with CEO Philippe Dauman stepping down with $72M severance package and COO Tom Dooley serving as interim CEO  —  COO Tom Dooley to take over as interim chief executive officer  —  Media company's directors have pressed the combatants for deal
Hannah Karp / Wall Street Journal:
Sources: Pandora nears licensing deals with major record companies for on-demand streaming; $10 per month would give subscribers unlimited access to tracks  —  The internet radio service is aiming to start offering new paid tiers as soon as next month  —  Pandora Media Inc. is aiming …
Sydney Ember / New York Times:
The New York Times will retire its NYT Now app starting the week of August 29; at its peak in May 2015, the app had 334K total unique users  —  In early 2014, The New York Times introduced an app called NYT Now that would provide a curated list of stories — for a lower price …
Choi Chi-yuk / South China Morning Post:
Beijing tightens control over mainland news sites, says EICs must take full responsibility for any mistakes and all such sites must be monitored 24/7 by staff  —  Editors-in-chief will be held responsible for direction of content, and the creation, production and dissemination of news
Financial Times:
Vevo is seeking to raise up to $500M, hired Goldman Sachs for help  —  Vevo, the online music video service owned by the world's largest record labels, has hired Goldman Sachs to secure up to $500m of capital from new investors, according to three people briefed on the plans.
Discussion: Variety and Reuters
Chris Ariens / TVNewser:
CNN announces CNN AIR, a drone reporting unit with two full-time drone operators gathering news for CNN, Turner, and Time Warner  —  Following 15 months of testing, CNN today announced it is launching CNN Aerial Imagery and Reporting, or CNN AIR for short.  —  The CNN AIR team …
 
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 More News: 
Mother Jones:
Prison investigation by Mother Jones staff writer Shane Bauer took over 18 months and cost about $350K; banner ads that ran on the article brought in $5K
Charlie Warzel / BuzzFeed:
Twitter rolls out quality filter setting to all, letting users filter “lower-quality content” from notifications, but it may not stop targeted non-spam abuse
 Earlier Picks: 
Katie Benner / New York Times:
Twitter says it has suspended 235K accounts since February for promoting terrorism, bringing total to 360K since mid-2015
The Huffington Post:
Donald Trump's presidential campaign has produced a civil war in conservative media, which will lead to a post-election reckoning
Discussion: The Daily Caller
Vicky Ward / Esquire:
Esquire reporter Vicky Ward reveals that Jared Kushner, owner of The New York Observer, asked that she pursue a retaliatory hit piece on developer Richard Mack
 

 
From Techmeme:

Simon Willison / Simon Willison's Weblog:
GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens, prices lower than those of Claude 3 Haiku and Gemini 1.5 Flash

Shashank Pathak / Entrackr:
Google cuts the Maps API pricing for Indian devs by ~70% and starts accepting payments in Indian rupee, after Ola unveiled one-year free dev access to Ola Maps

Abner Li / 9to5Google:
Google says its goo.gl URL shortener links will stop working after August 25, 2025, after it stopped generating new goo.gl URLs in March 2019

 
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