Top News:
Kara Swisher / AllThingsD:
Former News Corp Digital Exec Jon Miller Joins Shari Redstone's Advancit as Partner — Former News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer …
Wall Street Journal:
Hulu Attracts at Least Three Bids — Streaming video site Hulu attracted binding bids from suitors including satellite operator DirecTV, DTV -0.28% a partnership of AT&T Inc. T -0.70% and Chernin Group and the tandem of Guggenheim Digital Media and private-equity firm KKR, KKR +2.31% according to people familiar with the matter.
Discussion:
Variety
RELATED:
Bloomberg:
DirecTV Makes Hulu Bid as Time Warner Cable Seeks Stake — DirecTV (DTV) made a bid for the online video service Hulu LLC, while Time Warner Cable Inc. (TWC) offered to acquire a stake in the company, according to people with knowledge of the situation. — Both suitors met a July 5 deadline …
Gavriel Hollander / Press Gazette:
More job losses at the Indy as 27 compulsory redundancies announced ahead of autumn relaunch — The Independent newspapers are to make 27 editorial staff redundant in the latest wave of job losses at the group. — The voluntary redundancies will cut across the Independent …
Discussion:
Guardian
Madeline McMahon / Bloomberg:
Washington Post Diversifies Further with Religious Site — Washington Post Co. (WPO) said it will invest in FaithStreet.com, a website that lets users find nearby churches, providing an outlet for its On Faith site. — FaithStreet will publish the Washington-based company's On Faith blog on spirituality …
Discussion:
washpostco.com, Wall Street Journal, @rafat and @edmundlee
Jay Rosen / Pressthink:
Criticizing CNN: Goodbye to that — I used to say: I criticize because I care. But I no longer do. … As of today, I have retired from criticism of CNN for falling short of some sort of journalistic standard that news providers should maintain. That activity no longer makes sense.
Discussion:
@aseitzwald, @dankennedy_nu, @jayrosen_nyu and Mediaite
Reuters:
Journalist shot dead in Russia's Dagestan province — (Reuters) - A journalist who wrote about alleged human rights abuses was shot dead in Russia's violence-plagued North Caucasus province of Dagestan on Tuesday, law enforcement authorities and colleagues said.
Discussion:
The Independent, nst.com.my, en.ria.ru and RT
Liana B. Baker / Reuters:
Malone, cable deals in spotlight at Sun Valley conference — (Reuters) - Liberty Media Corp (LMCA.O) Chairman John Malone, who has bought and sold cable and media companies for decades, might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight …
Discussion:
Electronista, App Advice, AppleInsider and 9to5Mac
Josh Halliday / Guardian:
Daily Star Sunday journalist to be charged in Operation Elveden inquiry — Tom Savage is first non-News UK journalist to be charged under investigation into alleged corrupt payments to officials — Three journalists, including the Daily Star Sunday's deputy news editor …
Discussion:
Wall Street Journal, UK News and Opinion and Big News Network.com
Daniel Miller / Los Angeles Times:
Miramax chairman's exit adds another hurdle for firm's turnaround — Richard Nanula's resignation comes as the film company tries to reestablish itself as a Hollywood powerhouse. — The Miramax film company's attempts to reestablish itself as a Hollywood powerhouse hit another snag …
Discussion:
The Wrap, screendaily.com, Deadline.com and Hollywood Reporter
Gavriel Hollander / Press Gazette:
Exaro to hand over Murdoch tape to Elveden officers as Met launches probe into Sun chief's comments — The investigative journalism website that revealed details of a meeting between Rupert Murdoch and Sun journalists arrested in connection bribing public officials has agreed to hand the recordings to the police.
Discussion:
Hollywood Reporter and Exaro
Hurriyet Daily News:
Two Turkish journalists detained in Egypt — Two Turkish journalists were detained today in Cairo by the Egyptian army, according to reports. News coordinator of the private Star TV, Nazl Öztarhan, said reporter Murat Uslu and cameraman Zafer Karaka were detained by soldiers detained.
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