Mediagazer: An $800 million bid for Hulu is safe, boring, and exactly the right move for Yahoo (Christopher Mims/Quartz)

10:55 AM ET, May 28, 2013

Top News:

BuzzFeed, CNN and YouTube Plan Online-Video Channel — BuzzFeed is accelerating its efforts to become a news destination for young adults, joining with CNN and YouTube to create a new, online-video channel. — On Tuesday, BuzzFeed will unveil “CNN BuzzFeed,” a YouTube channel based on content from CNN …

Discussion: BuzzFeed, paidContent, VentureBeat, TVNewser, Mashable, Vanity Fair, WebProNews and The Next Web

Andrew Beaujon / Poynter:

BuzzFeed to build a ‘social video studio’ — BuzzFeed will construct a “social video studio” in Los Angeles, the company announced Tuesday. The facility will include a “coffee shop and store where influencers, thinkers and celebrities will be able create informal videos made for the social web.

Discussion: Hollywood Reporter and FishbowlDC

Daniel Klaidman / The Daily Beast:

Holder's Regrets and Repairs — It was Friday, May 17, and officials at the Department of Justice had gotten word that The Washington Post was working on an explosive story: a reporter had obtained an affidavit for a search warrant to seize a Fox News journalist's personal emails.

Discussion: Politico, Forbes, @dylanbyers, @ryanlizza, @digiphile, @mlcalderone and @ggreenwald

Amy Chozick / New York Times:
News Corp. Says It Was Not Told of Subpoena for Reporter's Phone Records

Discussion: Los Angeles Times, News Desk, Wall Street Journal, Forbes, The Verge, Minneapolis Star Tribune, Mother Jones and Mediaite

Colin Daniels / Digital Spy:

BBC iPlayer viewing falls as radio requests rise — BBC iPlayer viewing requests fell to 257 million in April, despite strong numbers watching coverage of Margaret Thatcher's funeral. — The catch-up service saw its lowest number of requests since December 2012, having received a record-equalling 272 million requests in March.

Paul Sawers / The Next Web:
BBC iPlayer will allow radio content to be downloaded for offline access from 2014

Discussion: TechRadar.com, Gizmodo UK, broadcastnow.co.uk, Compare Mobile Phones … and Engadget

Kathryn Blaze Carlson / Globe and Mail:

As Gawker reaches ‘Crackstarter’ goal, destination for funds remains murky — Gawker.com says it has lost contact with those in custody of the video since one of its writers, John Cook, broke the crack story earlier this month, reiterating to donors Monday morning, “Our confidence …

Steve Kupferman / Torontoist:
Gawker's Rob Ford Crackstarter Hits Its $200,000 Goal

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Associated Press:

Germany's Top-Selling Tabloid to Introduce Paywall — BERLIN — Europe's top-selling newspaper said Monday it will introduce a paywall for part of its online offerings starting next month. — Main news stories will remain free of charge online, but a subscription will be required to view features …

Discussion: Reuters

Christopher Mims / Quartz:

An $800 million bid for Hulu is safe, boring, and exactly the right move for Yahoo — Yahoo's recent acquisition of youth-centric site Tumblr grabbed all the headlines. But for anyone who wants to understand Yahoo's strategy—and “Web 3.0″ in general—it's the company's recent bid …

Discussion: Business Insider and Softpedia News

Kara Swisher / AllThingsD:
Yahoo's Bid for Hulu in $600M to $800M Range — Even as It Preps Other Big Deals in Mobile and Communications

Discussion: TechCrunch, FishbowlNY, BuzzFeed, Wired, CNET, AdExchanger, VatorNews, VentureBeat, Business Insider, Pocket-lint, Digital Media Wire, BGR, Mashable, Softpedia News, @jasonhirschhorn, The Verge and Electronista

Kevin Lim / Reuters:

Singapore to regulate Yahoo!, other online news sites — (Reuters) - Websites that regularly report on Singapore including Yahoo! News will have to get a license from June 1, putting them on par with newspapers and television new outlets, in a move seen by some as a bid to rein in free-wheeling Internet news.

Discussion: Channel NewsAsia, nst.com.my, Asiaone, The Next Web and ZDNet

Meg James / Los Angeles Times:

Viacom's Sumner Redstone celebrates 90 with big bump in net worth — Sumner Redstone, chairman of Viacom, celebrated his 90th birthday on May 27, 2013. This year the mogul enjoyed a bump in net worth. (Lawrence K. Ho / May 27, 2013) — Viacom Chairman Sumner Redstone celebrated his 90th birthday Monday.

Katharine Viner / Guardian:

Welcome to Guardian Australia — Thank you for joining us on the day we launch our new digital edition. We hope you will take part in its success — Today we launch Guardian Australia, the Guardian's third international digital edition, focusing our unique style of journalism on this vast and fascinating country.

Discussion: mUmBRELLA, Guardian, pressgazette.co.uk, AusVotes 2013, @marklittlenews and Crikey

Katy Bachman / Adweek:

The Big Items on the FCC's To-Do List — Did anyone really think that Julius Genachowski wouldn't leave the media ownership rules for the next guy? Or the always-in-court, nearly impossible to legally defend broadcast indecency rules? Even with 11th-hour pushes to take on both …

Gavriel Hollander / Press Gazette:

CIoJ rejects both Royal Charters as ‘coercive’ and threatening to investigative journalism — The Chartered Institute of Journalism has said that both proposed Royal Charters on press regulation threaten “the standards and rigour of investigative journalism”.

Discussion: Hacked Off and HoldTheFrontPage

Erika Solomon / Reuters:

Sniper kills Syrian journalist from pro-government TV — (Reuters) - Sniper fire killed a well-known Syrian journalist working for a pro-government television channel near the Lebanese-Syrian border on Monday, the state news agency said. — Yara Abbas, a reporter for the al-Ikhbariya news channel …

Discussion: GlobalPost, Associated Press, In Serbia News, presstv.ir and Al Jazeera English