Mediagazer: Aereo Raises $34 Million to Grow Online-Television Service (Alex Barinka/Bloomberg)

8:30 PM ET, January 7, 2014

Top News:

Casey Newton / The Verge:

Yahoo's sleek News Digest app swims against the stream — Summly is reborn as a digital homage to the newspaper — When the news-summarizing startup Summly shut down last March, it was easy to imagine the company had simply been swallowed by the Yahoo machine.

Discussion: Betabeat, Business Insider, Cult of Mac, ZDNet and @tapbot_paul

Alex Wilhelm / TechCrunch:

Yahoo Launches News Digest, Its First App Based On Summly — Today at its CES keynote, Yahoo announced a new product, News Digest, to help people stay “quickly informed” on the day's big topics by sending out twice daily updates, or digests. — The content is a curated “blend” of information …

Discussion: Yahoo, VentureBeat, @rafe, @jason, 9to5Mac and @dannysullivan

Mike Shields / Adweek:

Yahoo Reboots Ad Business in Attempt to Own Ad Tech — It's getting harder to accuse Yahoo CEO Marissa Mayer of not caring much for the ad business. — In fact, Yahoo wants to place itself at the center of the online ad ecosystem—the same monster ambition held by Google, AOL and half a dozen other digital titans.

Discussion: Yahoo, AdAge, TechCrunch, NYT Bits and @digitalshields

Steve Kovach / Business Insider:
David Pogue Slams Traditional Tech Blogs To Announce His New Site On Yahoo

Discussion: @gaberivera, @stevekovach and @thestalwart

Ingrid Lunden / TechCrunch:
Yahoo Courts Mainstream Audiences With Vertical Sites, Launches Yahoo Food And Yahoo Tech

Discussion: Yahoo, USA Today, Gigaom, Variety, Yahoo, @alecperkins, @mikeisaac, Re/code and WebProNews

Lucia Moses / Adweek:

NYT unveils redesign on Wednesday with Dell as charter native advertiser — With Redesign, NYTimes.com Unveils Native Ad Platform — The New York Times recently detailed plans to introduce a native advertising product to its website, and on Wednesday, readers will get to see its first appearance.

Discussion: New York Times, Capital New York and Refinery29

Alex Barinka / Bloomberg:

Aereo Raises $34 Million to Grow Online-Television Service — Aereo Inc., the controversial streaming-television service, has raised $34 million in funding as it looks to expand into additional cities. — Investors in the round include Himalaya Capital Management and Gordon Crawford …

Discussion: CNET, TechCrunch, The Wrap, Deadline.com, Gigaom, Los Angeles Times, Variety and Digital Journal

Maggie McGrath / Forbes:

Amazon And Hulu Could Slow Netflix Growth In 2014, Morgan Stanley Says — Original series like House of Cards and Orange Is The New Black may have helped lift Netflix to new heights in 2013, but could the fever start to fade in 2014? According to a new report from Morgan Stanley …

Discussion: Deadline.com, Variety, Fox Business, USA Today, TheStreet.com and MoneyBeat

Nicole Laporte / Fast Company:
Netflix: The Red Menace

Discussion: @fastcompany, @scottorrance, @felixsalmon, @nicolelaporte1 and @noahr

Felix Salmon:

Why movie studios happily violate journalists' copyright — The white-goods queen of Eighth Avenue asks my opinion on @aoscott agate. I take requests, over here, so: is it kosher for a movie producer to selectively quote from the Twitter feed of the NYT's movie reviewer, in a print ad …

Discussion: Gigaom, @aoscott, @gabrielsnyder, @jeffjarvis, Daring Fireball, The Verge, Boing Boing and @carr2n

Joe Pompeo / Capital New York:

New rules at Time Inc require stories about company to be approved by Chief Content Officer — Norm Pearlstine lays down the law — Norm Pearlstine has laid down some ground rules for Time Inc.'s editors in a bid to govern what type of material should pass through him for pre-publication approval.

Discussion: @mlcalderone, @edmundlee, @felixsalmon, @antderosa and Capital New York

Hadas Gold / Politico:

Navy mistakenly sends FOIA plans to reporter — The Unites States Navy inadvertently sent a memo to a local NBC News reporter this week detailing how it intended to try and deter requests he had filed under the Freedom Of Information Act. — Scott MacFarlane, a reporter for NBC 4 in Washington …

Discussion: Hit & Run, Mediaite, Gawker, Business Insider and @macfarlanenews

Mike Isaac / Re/code:

Vine Co-Founder Steps Down From Lead Role at Company — Dom Hofmann, co-founder of the social video-sharing service Vine, has stepped down from his lead general manager role at the company, according to three sources close to the situation. — Hofmann, who has led the company since …

Discussion: @mikeisaac, The Verge, @kenli729 and VatorNews

Jay Rosen / Pressthink:

Bill Gannon joins First Look Media: My Q & A with him about intelligent aggregation in news — Today Pierre Omidyar announced a key hire: recently Bill was editor of Entertainment Weekly, before that boss of the Yahoo home page. — This is from the official press release:

Discussion: @jayrosen_nyu, @niemanlab and @mathewi

Ina Fried / Re/code:

Kaz Hirai on Why Sony's Pay TV Bid Can Succeed Where Intel and Others Stumbled — Sony's secret weapon to crack into the tight-knit pay-TV market? The 25 million PlayStation 3 devices already in U.S. homes. — “That's a compelling number and it reaches a demographic that may not sign …

Discussion: CNET, Variety and The Verge

Alastair Reid / Journalism.co.uk:

Why Forbes is going social with ‘Stream’ in iOS app — Forbes has launched a new feature for its iOS Newsstand platform that acts as a social newsfeed of Forbes content shared by other readers. “Stream”, launched yesterday, allows users to take clippings from the pages of the app and share them as …

Discussion: @niemanlab, NetNewsCheck Latest, SMP, MediaPost and App Advice