Top News:
Alex Weprin / The Hollywood Reporter:
Fox Corp. buys TMZ from WarnerMedia, source says for less than $50M; Harvey Levin has signed a multi-year contract to keep running the gossip brand — As AT&T's WarnerMedia sheds the asset, founder Harvey Levin has signed a multi-year deal with Fox and will keep overseeing day-to-day operations.
Discussion:
CNN, The Wrap, Wall Street Journal, Variety, Mediaite, Axios, Los Angeles Times, @kerrymflynn, Adweek, @b52malmet, New York Post, @mpfied, @pkafka, @jbflint, @bobbyonmain, @alexweprin, @alexsalvinews, @aherman2006, @jbflint, @marksweney, @blowryontv, @bradmichelson, @alexweprin, Decider and @loudmouthjulia
Kim Lyons / The Verge:
Litecoin spiked ~20% after several news outlets, including Reuters and CNBC, reported that Walmart would begin accepting it based on a fake press release — GlobeNewswire, the site where the hoax release was posted, said it came from a fraudulent user account.
Discussion:
@nickbilton, CNBC, ScreenRant, @rachaelrad, Fast Company, @loganbartlett, @dbreunig, @reuterstech, @peterschiff, @neerajka, @fredbenenson, Gizmodo, @lanceulanoff, @area224, @robpegoraro, @dangillmor, @harrymccracken, CoinDesk, @fintechfrank, @neerajka, @carnage4life, @oliverdarcy, @prestonjbyrne and UPI, more at Techmeme »
Bennett Madison / Gawker:
A young adult novelist confesses to writing fake letters to Slate's advice column and duping Tucker Carlson into discussing an obviously phony scenario on air — Sometime at the tail end of 2018, shortly after abandoning yet another draft of what was supposed to be my fifth Young Adult novel …
Discussion:
Mediaite, @pbump, @lisafleisher, @caitlindewey, @kenlowery, @lmlauramarsh, @zunguzungu, @bernstein, @cahnemily, @thelincoln, @ishaantharoor, @aedwardslevy, @oneunderscore__, @dwaldenwrites, @dandrezner, @charlesflehman, @acsifferlin, @justinbaragona, @urbanachievr, @davidmackau, @katiebakes and @jscros
Stephen Battaglio / Los Angeles Times:
Fox News' subscription streaming service Fox Nation acquires Cops, the reality TV show pulled off air last year amid the George Floyd protests — “Cops,” the reality TV series depicting law enforcement in action, was pulled off the air last year after 32 seasons amid the nationwide protests …
Discussion:
Variety, @stevebattaglio, @brianstelter, The Wrap, The Streamable, @jbenton, TVLine, @onaircoop, @alexweprin, @mattgertz, TVNewser, The Hill and Hollywood Reporter
Ben Smith / New York Times:
Fire and Fury author Michael Wolff continues teasing out stories from powerful people in his new book Too Famous, while remaining light on source attributions — In his new book, the author of “Fire and Fury” continues his specialty: teasing out stories from men in power.
Discussion:
The Time of Monsters, @sarahw, @kantrowitz, @benyt, @willoremus, The Guardian, @justinhendrix, @mathewi, @fergusonnews, @dfriedman33, @therickwilson, Mediaite, @page88, @daveweigel, @michaelwolffnyc, @carloslozadawp, @prchovanec, @davidgura, @chuckrossdc, @dylanbyers, @jonlemire, @tomphilpott, @markhorowitz, @joanwalsh, @joyannreid, Insider, @swin24, @heerjeet, @maggienyt, The Wrap and The Week
Rose Hill / Mirror:
Andrew Neil says he has resigned as chairman of GB News — Broadcaster Andrew Neil, 72, has said that he has decided to ‘cut back’ on a number of his work commitments — Andrew Neil has resigned as chairman on GB News, with the channel offering a statement following his sudden exit.
Discussion:
@afneil, Telegraph, @jimwaterson, The Guardian, @gbnews, Financial Times, TVNewser, @dawnbutlerbrent, @gbnews, @jimwaterson, @scottygb, @aljwhite, @marypcbuk, @kevin_maguire, @oliverdarcy, BBC, @paul__johnson, @petepaphides, @jimwaterson, @lionelbarber, @gbnews, @edmorrish, @sturdyalex, @hkesvani, @juliahb1, @bbcpaulmurphy, @owenjones84, Guido Fawkes, @scottygb, @rewearmouth and City A.M.
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Lucas Shaw / Bloomberg:
Puck formally unveils its website and says it will soon launch a paywall, which will give readers access to stories, live events, and personal time with writers — Puck was founded by four media veterans in New York. — Julia Ioffe was finishing up a book earlier this year when she decided it was time to get a full-time job.
Discussion:
@clarissaward, @juliaioffe, @lucas_shaw, @beniaminov, @tina_nguyen, @juliaioffe and @sarafischer
Samantha Subin / CNBC:
Intuit says it has agreed to acquire Mailchimp for $12B in cash and stock — - Intuit will buy email marketing company Mailchimp for $12 billion, the companies announced Monday. — Intuit said it will use the acquisition to accelerate growth among small business clients.
Discussion:
Business Wire, @danprimack, Wall Street Journal, TechCrunch, @sarafischer, @ryanqualtrics, @torrenegra, @chriscantino, ZDNet, @jenny8lee, Bloomberg, @asanwal, @chrisferdinandi, @yoda, @ericjackson, @acce, @harrymccracken, @intuit, @mijustin, @danacimilluca, @benchestnut, @davepell, @microacquire, @levynews, @eghosao, @kimbui, @larahbalazs, @edmundlee, @anthony, @pauljudge, @dz and @tanayj, more at Techmeme »
Joe Pompeo / Vanity Fair:
Former New York Post gossip columnist Richard Johnson says he is coming out of retirement to write a gossip column for the Daily News — In a throwback to the tabloid wars of yore, the famed (and feared) former New York Post scribe is ditching retirement to dish for the Daily News.
Discussion:
@joepompeo, The Wrap, @joepompeo, @joepompeo, @claytonguse, Yahoo Finance and @jeremymbarr
Brian Schwartz / CNBC:
Three media companies linked to wealthy Chinese exile Guo Wengui, including GTV Media, reach a $539M+ settlement with SEC for offering unregistered securities — - The SEC has charged three media companies linked to wealthy Chinese exile Guo Wengui with illegal unregistered securities offerings.
Sara Fischer / Axios:
Washington Post relaunches its 202 newsletter suite with shorter, digestible newsletters that are personality-driven and adds an email focusing on climate — The Washington Post is relaunching its 202 newsletter suite with a new email around climate, new authors and an expanded product suite.
Discussion:
MediaPost, @oliverdarcy, @sarafischer and @jeremymbarr
Neha Gupta / WAN-IFRA:
A look at Spain's El Diario, founded in 2012, which had 2020 revenue of €9.7M, is economically independent, and offers free memberships for those who cannot pay — 2021-09-09. El Diario, a Spanish online-only news company, was founded in 2012 with the primary aim of reconnecting society with journalism.
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