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Fox Corp Taps ‘Nerd’ to Call Election on News Channel

New York Times: Fox News will face pressure to call the US presidential election for Donald Trump. The outcome rests on little-known 65-year-old wonk Arnon Mishkin, who will declare the winner. Law360: Most viewers do not expect "actual facts" from Fox News host...

Discovery to Invest in New TV News Channel in Britain

Deadline: Discovery is getting into the news game in the UK by backing a new right-leaning, 24-hour news channel, which will be led by BBC presenter and ferocious political interrogator Andrew Neil. Named GB News, the channel will launch in Britain next...

Comcast Ready for Launch of Shepard Smith on CNBC

Associated Press: Two weeks shy of a year after abruptly quitting Fox News with a declaration that “truth will always matter,” Shepard Smith returns to television this week at his unexpected new home. He begins a general interest nightly newscast Wednesday at 7 p.m....

Liberty Media Appoints New President for Formula One

CNBC: Formula One racing will move CEO Chase Carey "to the role of non-executive chairman," replacing him with Stefano Domenicali, the former Ferrari team principal. Carey, who had been CEO since 2017, previously held executive roles with News Corp and 21st Century...

Quibi to Face Uphill Battle as Talks Loom for New Ads

Adweek: Nearly six months since its debut, Quibi is still looking to find its groove. The streamer is already evaluating a possible sale. Under-deliveries for advertisers and an ad sales climate centered on flexibility are both likely to affect next year's advertising...

Wondery Podcast Firm Explores Sale for $200 Million

Bloomberg: Wondery, the company behind hit podcasts “Dr. Death” and “Dirty John,” has hired financial advisers to explore strategic options, including a potential sale, hoping to cash in on growing interest from technology and media firms. Wondery is expected to...

Conde Nast Explores ‘Body Positivity’ in Latest Vogue

New York Post: Rizzo fronts Vogue's October issue in a red-hot frock by Valentino, and models looks from Gucci, Moschino Couture and LaQuan Smith inside the issue. The hitmaker's interview covers topics ranging from Black Lives Matter to the body positivity...

Hearst British Operation Girds for Covid Cash Crunch

Press Gazette: Covid-19 losses at Hearst UK will eat up a "large proportion" of the magazine publisher's cash resources. But the publisher said its US parent company Hearst Communications has confirmed continued financial support if...

Gannett Looks to Sell Newspaper Building in Missouri

Springfield Business Journal: Gannett has put on the market the building that houses the daily News-Leader in Springfield, Mo. The newspaper will continue in operation. Springfield Business Journal: The News-Leader's printing operations were moved out of town earlier...

McClatchy Editors Out Following Racist Flap in Florida

Miami New Times: After several scandals at the Miami Herald and El Nuevo Herald involving racist comments and inflammatory content, the newspaper has shuffled the top of its masthead. El Nuevo Herald managing editor Nancy San Martin has resigned from her...

New York Times Releases Bombshell on Trump Taxes

Mediaite: President Trump dismissed a bombshell New York Times report published Sunday afternoon that held the self-proclaimed multi-billionaire paid only $750 in federal income taxes in 2016, the year he was elected president. "That is fake news," Trump...

Fox Corp Under Fire for Reporting Covid Misinformation

MEL: One woman says she felt powerless against "the barrage of information coming out of Fox News" that her father consumed. "I have no doubt that President Trump and Fox News have caused people to die." Mediaite: Fox News has earned designation as a 2020 Great Place...

Amazon Unwraps Echo Redesign, New Gaming Service

USA Today: Amazon unleashed a slew of new products Thursday, including an indoor security drone, car security products, a redesigned Echo speaker with a spherical look and a gaming service. The "all-new" Echo is in a different, ball...

Quibi Founder to Buy Lauder Chief’s California Home

Wall Street Journal: Jeffrey Katzenberg is in contract to buy the Beverly Hills property of Estée Lauder executive chairman William Lauder for close to $30 million. The deal isn't expected to close for a few weeks. Katzenberg recently sold his Beverly Hills home for...

Microsoft Looks Beyond Jobs in Redesign of LinkedIn

TechCrunch: LinkedIn, which built its popular businesses largely around recruitment, is rolling out a redesign that pushes engagement in other ways as it waits for the job economy to pick up. Among other features, LinkedIn is launching its own version of...

Scripps in Deal to Acquire ION Media for $2.65 Billion

Wall Street Journal: EW Scripps has agreed to buy ION Media for $2.65 billion in a move to significantly expand the TV station owner's reach with the backing of Warren Buffett's Berkshire Hathaway. Berkshire plans to make a $600 million preferred-equity investment in...

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