FOX NEWS LOSES FIRST EXECUTIVE BEHIND ROGER AILES: Michael Clemente, a longtime executive vice president of News at Fox who was effectively demoted earlier this year, has left the network, spokespeople confirmed. Boyer, a former New Yorker writer who recently served as Clemente's number two, has also left. Clemente's departure, first reported by TVNewser, was approved by 21st Century Fox co-chairman Rupert and Lachlan Murdoch. Network insiders say the move was unrelated to the recent sexual harassment allegations surrounding Ailes, though it's also true that Clemente showed no signs of leaving the network prior to the scandal.
DEREK JETER'S PLAYERS TRIBUNE INSTALLS VP OF BRAND PARTNERSHIPS/SALES: Jared Schoenfeld, the new VP of brand partnership sales for The Players’ Tribune, will be responsible for “bringing in new business for TPT and selling multimedia partnerships across a variety of platforms,” according to the company.
WASHINGTON POST INSTALLS FACEBOOK LIVE EDITOR: We are excited to announce that T.J. Ortenzi will be moving into a new role on the video staff as Facebook Live Editor. Our use of Facebook Live has grown from an experiment into a powerful platform for storytelling and distribution under the smart guidance of Gene Park of the audience and engagement team. We’re increasing our Facebook Live programming so much that it now deserves its own team, which Gene will continue to advise. In his new role, T.J. will work closely with the video and social teams and partner with the rest of the newsroom to develop unique live programming for our Facebook audience.
TOP TALENT EXODUS EXPECTED AT YAHOO: Yahoo spent millions of dollars to hire media all-stars like Katie Couric, Joe Zee and David Pogue. So what's going to happen with them now that Yahoo is being swallowed up by Verizon? The short answer is, they don't know. And if Verizon knows, it's not telling yet. But several staffers told CNNMoney that they expect cutbacks, given the areas of overlap between Yahoo and AOL, which Verizon already owns. And some of the boldface names behind Yahoo's brands are looking to leave.
TWITTER UNDER THE MICROSCOPE AS IT REPORTS SECOND QUARTER EARNINGS: It's no coincidence that one day ahead of Twitter's highly scrutinized report, the company unveiled a new live-streaming sports deal that shows Twitter's new focus. The deal means Twitter will live stream weekly out-of-market games from Major League Baseball and the National Hockey league, as well as a first-of-its-kind nightly sports highlights program that will appear exclusively on Twitter. This builds on the company's existing content deal with the NFL and its partnership with CBS to live stream the Democratic and Republican national conventions.
DISCOVERY LOSES ITS LONG TIME AD SALES CHIEF: Joe Abruzzese, president of advertising sales for Discovery Communications, is stepping down from his post at the end of 2016, bringing an end to more than four decades of selling commercials for some of the biggest broadcast and cable companies in the industry. In announcing his retirement, Discovery Chief Executive David Zaslav called Mr. Abruzzese the “gold standard” and added that he created “fantastic value for Discovery and our shareholders.”
TWITTER PROMOTES SELF AS NEWS PLATFORM: This clarification isn't merely a promotion, however; it is also something of a pivot. Twitter, once the second-largest social-media company, has fallen to the ninth. The company’s stock price has subsequently dropped nearly 50 percent in the past year, as investors have been critical about its growth prospects. Twitter’s monthly active user base has hovered around about 310 million for months on end. In Silicon Valley, after all, you are either growing or you are in need of re-inventing your business. Twitter has, of late, found itself squarely in the latter camp.
FORTUNE LAUNCHES "UNFILTERED" PODCAST: Fortune has rolled out its first episode of “Fortune Unfiltered,” a weekly 30-minute podcast that will include in-depth interviews with some of the most notable thought leaders in business. The conversations will focus on the leaders themselves and what makes them tick. Digital editor Aaron Task will host.
CONDE NAST AND TIME INC EDITORS WILL MAKE FOOD FOCUSED CONTENT FOR TWITTER: Twitter has enlisted 17 top chefs and influencers to make food-focused original content within the company’s platform in what looks like an embrace of the Internet’s love of #foodporn. Participants include Adam Rapoport, editor in chief of Bon Appetit, and Nilou Motamed, editor in chief of Food & Wine.
AD EXECUTIVES LOVE SNAPCHAT AND BUZZFEED: Among 13 leading online-originated digital media, BuzzFeed and Snapchat have captured the loyalty of advertiser and agency execs for their innovative leadership and premium content environments. More than 70 percent of survey respondents who have a relationship with these companies rate them as industry leaders.
WITH ROGER AILES OUT AT FOX NEWS, CNN SEES AN OPENING: Roger Ailes’ exit from Fox News could present an opening for rival CNN to close the ratings gap. Even before Ailes resigned last week following sexual-harassment accusations, Time Warner’s CNN had been eating into his network’s commanding lead.
NETFLIX GETS "PEOPLE VS. OJ SIMPSON": Netflix has acquired streaming rights to “The People v. O.J. Simpson: American Crime Story,” the highly rated 10-episode event series that aired on 21st Century Fox’s FX network earlier this year and was recently nominated for 22 Emmy Awards.