Top News:
Alexander C. Kaufman / FishbowlNY:
AOL Music Shuttered, Staff Laid Off [Updated] — AOL has shuttered its AOL Music division and laid off its staff, according to pink-slipped employees on Twitter. — Spinner.com, a rock-music news site under the AOL Music banner, announced suddenly on Thursday afternoon that it was shutting down.
Discussion:
AllThingsD, Fast Company, CNET, Radio & Television …, Mashable, The Verge, AllAccess.com and RapFix
David Folkenflik / NPR:
Koch Brothers Could Buy Tribune Papers To Add Media Division … David and Charles Koch control what is believed to be the nation's largest privately held company, Koch Industries. They share a strong libertarian bent against high taxes and government regulation.
Discussion:
JIMROMENESKO.COM, FishbowlNY and Hit & Run
RELATED:
Garance Franke-Ruta / The Atlantic Online:
Why Big Cities Make Media Liberal—and Why the Koch Brothers Can't Do Anything About It
Why Big Cities Make Media Liberal—and Why the Koch Brothers Can't Do Anything About It
Discussion:
Nieman Journalism Lab, Wonkblog, Slate, JIMROMENESKO.COM and Le·gal In·sur·rec· tion, Thanks:@underoak
Jim Romenesko:
Meet Michelle Boatley, fake Thomson Reuters legal publication reporter — A few years ago, Boatley was cranking out stories left and right — short pieces about law firm layoffs, merger deals, and firm expansions. — Then she vanished. — People who knew the secret about Boatley thought she had been killed — by her editors.
Andrew Wallenstein / Variety:
New Reality Show to Skip TV, Play Entirely on Social Media (EXCLUSIVE) … Who says a reality show has to air on TV? — The Chernin Group is producing an audacious new unscripted series that will be distributed entirely on social-media platforms instead of having a home on TV, according to sources familiar with the production.
Discussion:
Los Angeles Times
Jeff Bercovici / Forbes:
Glenn Beck on the CNN ‘Pit of Despair’ and Why He Got Out of Cable TV — Glenn Beck thinks the television industry as we know it is dying, but that's not why he left it to start his own digital network, The Blaze. He's making a lot more money now than he did at Fox News, but that wasn't it either.
Discussion:
Mediaite
Tom Lavell / Bloomberg:
Murdoch to Get $28.3 Million Pay When News Corp. Splits — Rupert Murdoch, the billionaire founder of News Corp., will receive $28.3 million in combined compensation next year from the two businesses created by the breakup of his media empire. — Murdoch's base pay in 2014 will amount to $8.1 million …
Discussion:
Hollywood Reporter, Los Angeles Times, Seeking Alpha, Reuters, Guardian and FishbowlNY
Paul Farhi / Washington Post:
White House Correspondents' Association dinner isn't costly, but the parties are — Figure on paying big time for a semi-glamorous locale; an embassy will do (but only one for a major country). Then, add in food and booze — about $100 a head. Plus entertainment, security, cleanup, insurance.
Discussion:
The Atlantic Wire, Mediaite, The Huffington Post and Chickaboomer
Jeff John Roberts / GigaOM:
Banned in China: Bloomberg and New York Times say they had no choice — Media outlets operating in China face an unpleasant dilemma: self-censor or else lose access to millions of readers and a valuable news market. Both the New York Times and Bloomberg News chose the second option, and don't regret the decision.
Discussion:
The Official Google Blog
Mark Sweney / Guardian:
Financial Times faces weak advertising market, says parent company — Pearson predicts difficult first quarter for newspaper, with total group revenues down 1% year on year to £1.2bn — Pearson has said that the Financial Times faced a “weak” advertising market in the first quarter of this year …
Discussion:
Media & Entertainment, The Drum and Talking Biz News
Joe Pompeo / Capital New York:
Powerhouse reporter Bob Hennelly to leave WNYC; station suffers a digital divide — WNYC has lost one of its heavyweights: Bob Hennelly, a longtime investigative reporter who's been with the National Public Radio affiliate for more than a decade, is leaving the station.
Ryan Chittum / Columbia Journalism Review:
New York Times paywall growth slows — But it remains to be seen whether that's a one-quarter blip or the new normal — The torrid growth in digital-only subscribers to The New York Times slowed sharply in the first quarter. Worse, advertising fell so sharply that the paper's overall revenue declined slightly.
Discussion:
The Buttry Diary, Wall Street Journal, Bloomberg, The Atlantic Wire, Business Insider, Newsonomics and AdAge
Reuters:
Amazon's success formula: move bits instead of boxes — (Reuters) - Amazon.com Inc appears to have figured out the secret to being more profitable: sell less physical stuff. — The company reported slowing revenue growth and offered a disappointing outlook for this quarter on Thursday …
Discussion:
Washington Post, Good e-Reader, New York Times, Bloomberg and Business Insider
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Casey Newton / The Verge:
Kindle TV: why does Amazon need a set-top box?
Kindle TV: why does Amazon need a set-top box?
Discussion:
ReadWrite, VatorNews, Wall Street Journal, GigaOM and The Next Web
Sarah Lyall / New York Times:
New Law Makes Suing for Libel Harder in England — LONDON — London's reputation as the libel capital of the world, “a town called sue,” is poised to end. — A new law enacted Thursday strengthens the position of people sued for libel here and puts an end to most cases of so-called libel tourism …
Discussion:
Nature