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2:40 PM ET, August 9, 2016

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 Top News: 
Sarah Ellison / Vanity Fair:
Sources: Fox in eight-figure settlement talks with Gretchen Carlson over Ailes lawsuit; tapes of Ailes in conversation with multiple women could become public  —  In the subterranean newsroom, fear is everywhere.  “Hacking was bad,” says one person familiar with the internal investigation.
RELATED:
Gabriel Sherman / New York Magazine:
Fox News host Andrea Tantaros says she was taken off the air after making sexual harassment claims against Roger Ailes  —  Fox News' senior executives have said they were unaware of sexual-harassment allegations against Roger Ailes before former anchor Gretchen Carlson filed a lawsuit against him in July.
Dylan Byers / CNNMoney:
Sources: Fox News presenters and producers feared Ailes had tapped their phones and was monitoring their conversations  —  Until recently, getting Fox News employees to talk could be tough.  —  Before former host Gretchen Carlson accused her boss, now former-Fox News CEO Roger Ailes …
Margaret Sullivan / Washington Post:
Margaret Sullivan defends John Oliver against NAA broadside, says Chavern should be grateful for a hilarious and poignant celebration of the news industry  —  John Oliver's 19-minute riff about what's become of local newspapers made me laugh.  Parts of it also made me want to cry.
RELATED:
Newspaper Association of America:
David Chavern, CEO and president of the Newspaper Association of America, takes John Oliver to task for petty insults and stating the obvious about journalism  —  Last night John Oliver decided to take on local newspaper journalism.  I actually loved how the piece starts.
Freddy Mayhew / Press Gazette:
News Corp profits fall 28% YoY to $684M, revenue for news and information services division falls 7% or $393M to $5.338B  —  Rupert Murdoch's News Corp has reported a 28 per cent decline in profit to $684m for the year to the end of June.  —  The latest fiscal report, for the US-based company …
RELATED:
Max Mason / Financial Review:   News Corp. Chief Exec predicts real estate revenue will become biggest driver of company earnings in future, after real estate services grow 32% YoY to $US822M
Joseph Lichterman / Nieman Lab:
New York Times assigns Cairo bureau chief Declan Walsh to cover U.S. elections as part of global effort to reach international readers  —  It's an old political ritual: Every four years, in the lead up to the U.S. political conventions, Democrats and Republicans debate amongst themselves the contents of their party platforms.
Lisa Beilfuss / Wall Street Journal:
Scripps Networks Interactive reports Q2 profit of $184.6M, down from $193.7M a year ago, 22% increase in revenue to $892.8M; ad sales are 70% of total revenue  —  Profit fell to $184.6 million in the second quarter on restructuring costs  —  Scripps Networks Interactive Inc. said advertising sales …
Chris Roush / Talking Biz News:
Wall Street Journal's digital subscriptions total 948K at end of the 2016 fiscal year, up 25.9% YoY from 753K  —  The Wall Street Journal digital subscribers totaled 948,000 at the end of the 2016 fiscal year, according to a company news release on Monday.  —  That's compared to 753,000 in the prior year, or up 25.9 percent.
Discussion: Cision
Georg Szalai / Hollywood Reporter:
Tribune Media reports Q2 loss of $161.6M, due to $193M income tax charges related to 2008 Newsday sale to Cablevision  —  The company, led by CEO Peter Liguori, is hit by income tax charges of $193 million related to a 2008 newspaper deal and reiterates its full-year outlook …
 
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 More News: 
Kristen Hare / Poynter:
Amid US election season, some news organizations rethink traditional standards on profanity
Ken Doctor / Nieman Lab:
Joshua Topolsky tries to explain The Outline: like The New Yorker, but for younger readers that “eat farm-to-table food”
David Weigel / Washington Post:
How conservative news sites like the Drudge Report have resurfaced photos and videos of Hillary Clinton to stir up false controversy about her health
 Earlier Picks: 
Andy Carvin / Reported.ly:
Reported.ly to suspend operations from Aug 31, after First Look Media decides to end relationship; team is considering options, like launching as an independent
Steven Perlberg / Wall Street Journal:
NBCU signs programming deal with Snapchat, will create original shows for the social network, drawing on talent from SNL, The Tonight Show
Discussion: Fast Company, The Next Web and Engadget