Top News:
Marisa Guthrie / Hollywood Reporter:
Keith Olbermann Returning to TV on Turner (Exclusive) — The former Current and MSNBC anchor will lead TBS' studio coverage of the Major League Baseball postseason. — After a messy public breakup with his last employer resulted in a $50 million lawsuit, Keith Olbermann will return …
Discussion:
Forbes, mediabistro.com, TVNewser, TIME, New York Times, Mediaite, Los Angeles Times, New York Magazine, Erik Wemple, The Daily Caller and The Huffington Post
Steven Mufson / Washington Post:
Washington Post to phase in a paid online subscription model — The Washington Post will phase in a paid online subscription model for Web content starting June 12, charging some readers $9.99 a month for access to more than 20 articles a month on desktop and mobile devices.
Georg Szalai / Hollywood Reporter:
Rebekah Brooks Pleads Not Guilty to Phone-Hacking, Corruption Charges — The former CEO of News International, the U.K. publishing arm of News Corp., appeared in a London court along with nine other defendants, including husband Charlie. — LONDON - Rebekah Brooks, the former CEO of News International …
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Lisa O'Carroll / Guardian:
Met police officer jailed for selling celebrity tip-offs to the Sun — Paul Flattley made £7,600 from providing information about stars including Kate Middleton and Zara Phillips to the red-top — A former Metropolitan police officer who had access to private information …
Peter Kafka / AllThingsD:
The CIA Invests in Narrative Science and Its Automated Writers — Narrative Science has already proven that its robot writers can make sentences that are good enough for newspapers and internal company reports. Now they're going to work for the CIA. — The Chicago-based startup …
Nicole Perlroth / New York Times:
Bloomberg Begins Fund to Invest in Start-Ups — SAN FRANCISCO — In the increasingly clubby world of Silicon Valley, some might say it was almost inevitable that Bloomberg L.P., the parent of Bloomberg News, would start its own venture capital firm to invest in start-ups, including some that its technology reporters write about.
Discussion:
Poynter, Forbes, RT, @edmundlee, Talking Biz News, peHUB, PandoDaily, AllThingsD, TechCrunch and DealBook
AFP:
Turkey police detain protesters over ‘libellous’ tweets — Turkey police detained at least 25 people early on Wednesday in the western city of Izmir for tweeting ‘misinformation,’ state-run Anatolia news agency reported, as anti-government protests raged for a sixth day across the country.
Discussion:
RT, The Hindu, The Atlantic Wire, Legal news from FindLaw …, The Independent, Motherboard, PressTV, International Business Times and Telegraph
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Josh Feldman / Mediaite:
Turkish Protestors Take To IndieGoGo, Raise Over $50,000 For Full-Page New York Times Ad
Turkish Protestors Take To IndieGoGo, Raise Over $50,000 For Full-Page New York Times Ad
Discussion:
Forbes, iMediaConnection Blog, Bloomberg, RT, nbcbayarea.com, VentureBeat and New York Times
Wall Street Journal:
Verizon Wireless Pads NFL Deal — Multiyear, $1 Billion Deal Will Give Customers Access to Local Games on Phones — Verizon Wireless will pay $1 billion for rights to air more NFL games over its customers' smartphones, placing a big bet on changing viewer habits as Americans watch …
Discussion:
App Advice, @jbflint, Light Reading and Corporate Intelligence
Meg James / Los Angeles Times:
Global spending for media and entertainment to rise steadily — PricewaterhouseCoopers predicts that global spending for media and entertainment will reach $2.2 trillion in 2017, compared with $1.6 trillion in 2012. — Digital media ¿ fueled by the expansion in ownership …
Discussion:
Kirk LaPointe's …
Wall Street Journal:
Koch Eyeing Potentially Profitable Newspapers — WICHITA, Kan.-Charles Koch confirmed that his company, Koch Industries Inc., is looking into the possibility of acquiring newspapers, but he said it would do so only if he believed they could be operated profitably.
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David Freedlander / The Daily Beast:
Operation: Stop Bruce Karsh From Selling Tribune to the Koch Brothers
Operation: Stop Bruce Karsh From Selling Tribune to the Koch Brothers
Discussion:
Los Angeles Times, L.A. Daily News, ABCNEWS and LA Observed
Steve Donohue / FierceCable:
Britt: Time Warner Cable talking to Apple, Microsoft, Samsung about streaming video deals — Time Warner Cable (NYSE: TWC) is talking to Apple (Nasdaq: AAPL), Microsoft (Nasdaq: MSFT) and Samsung about streaming video deals similar to its pact with Roku, CEO Glenn Britt said Tuesday at an investor conference in London.
Discussion:
Cult of Mac, App Advice, MacRumors, iDownloadBlog.com and Electronista
Michael Sebastian / AdAge:
Paywalls or No Paywalls, Newspaper Revenue Declines Seen Through 2017 — Total Revenue Expected to Keep Declining Over the Next Four Years — Despite the promise of online paywalls and gains in digital readers, newspapers' total revenue will continue to decline through at least 2017, a new report said.
Discussion:
FishbowlNY and eMedia Vitals
Jim Romenesko:
China surpasses India to become the world's biggest newspaper market — Since 2008 circulation in America has fallen by 15% to 41 million while advertising revenue has plummeted by 42%, accounting for three-quarters of the global decline in advertising revenue in the same period.
Discussion:
Economist
Ruma Paul / Reuters:
Bangladesh lifts ban on YouTube, blocked after anti-Islam film — (Reuters) - Bangladesh on Wednesday lifted a ban on video-sharing site YouTube which has been blocked since September after an online anti-Islam movie spawned violent protests across the Muslim world.
Discussion:
YouTube News
Guardian:
British booksellers seek Amazon curb — Booksellers Association calls for government action after France pledges €9m of funding to help its booksellers — British bookshops are pleading with the government to stand up for them against Amazon after France pledged €9m (£7.7m) …
Glenn Greenwald / Guardian:
Reader-funded journalism — This model is vital in sustaining real journalism: it fosters independence, invests readers in the work that is done, and keeps journalists accountable to individuals — Many news outlets around the world, in the age of the internet, have struggled to find …
Andy / TorrentFreak:
UK Police Launch Campaign to Shut Down Torrent Sites — Authorities and entertainment industry companies in the UK are working together on a new initiative which targets sites said to be offering copyrighted material without permission, TorrentFreak has learned.
Laura Hazard Owen / paidContent:
Readmill partners with Guardian, Atavist and Livrada and adds a free book section to its app — Berlin-based e-reading startup Readmill has added a free books section to its iOS app, and also announced partnerships with The Atavist, The Guardian and Livrada.
Rebecca Grant / VentureBeat:
Wochit's DIY newsroom platform attracts $4.75M, former Reuters executive as CEO — News moves fast, and video is an important medium for staying on top of stories as they break. — Video production platform Wochit has raised $4.75 million and hired media veteran Keith McAllister …
Nate Raymond / Reuters:
Penguin CEO takes stand in Apple e-books antitrust case — (Reuters) - The chief executive of U.S. publisher Penguin testified Tuesday that a provision in its e-books contract with Apple Inc played a role in a decision to change its contracts with other retailers, such as Amazon.com Inc.
Discussion:
Corporate Intelligence, AppleInsider, Bloomberg, Associated Press and Cult of Mac