Top News:
Jennifer Bjorhus / Minneapolis Star Tribune:
Minnesota Timberwolves owner Glenn Taylor makes cash offer to buy Minneapolis Star Tribune — Glen Taylor makes move to buy Star Tribune — Taylor said Star Tribune will operate as a stand alone news organization. — Minnesota business magnate Glen Taylor has made a formal offer …
Discussion:
Poynter, JIMROMENESKO.COM, bizjournals, Associated Press, MinnPost, @megankadlec, NewsCut, @seth_kaplan, @1500espnjudd and TwinCities.com
Edmund Lee / Bloomberg:
Comcast Plans $2.5 Billion More in Stock Buybacks — Comcast Corp. (CMCSA) is planning to increase its share buyback program by more than 80 percent if investors approve its $45 billion acquisition of Time Warner Cable Inc., boosting shareholder returns. — Comcast will add $2.5 billion …
Discussion:
Radio & Television … and Deadline.com
RELATED:
Shalini Ramachandran / Reuters:
Comcast Stock Drop Complicates TWC Deal — Takeover Value Falls to $144 a Share, Giving Charter a Possible Opening — Comcast Corp.'s deal to buy Time Warner Cable Inc. has run into an unexpected source of turbulence: a weak stock price. — In the nearly seven weeks since the deal was announced …
Discussion:
@shaliniwsj, @miriamgottfried and Wall Street Journal
Joe Pompeo / Capital New York:
Bloomberg considering launch of new politics site; in talks with John Heilemann and Mark Halperin — ‘Game change’ for Bloomberg? — As part of a developing digital strategy, Bloomberg L.P. has talked to the prominent political journalists John Heilemann and Mark Halperin about launching …
Discussion:
@joepompeo and @alexweprin
Philiana Ng / Hollywood Reporter:
Stephen Colbert Fires Back at Racial Tweet Outcry With ‘Colbert Report’ Segment — “The dark forces trying to silence my message of core conservative principles mixed with youth-friendly product placement have been thwarted,” Colbert said in Monday's episode, dedicated to the controversy.
Tara Conlan / Guardian:
London Live's top-rated show draws 22,000 viewers — Not the One Show pulls highest audience of night for new channel, but its repeat of Channel 4's Misfits reached just 2,000 — Not the One Show: its mix of entertainment and current affairs made it the most popular show on the new channel
Discussion:
AdAge and The Independent
Michael Sebastian / AdAge:
Upworthy moves into native advertising, inks ad deal with Unilever — Upworthy to Run Native Ads That Try to Make You Feel Good — Viral Site Eyes Revenue, Signs Unilever as Sponsor — Ad Age Digital Conference 2014 — After two years of building a formidable traffic machine …
Discussion:
TechCrunch, Thanks:@joshluger
Lewis DVorkin / Forbes:
Forbes' Lewis DVorkin responds to criticism of linking journalists pay to web traffic — Inside Forbes: The Role of Pay and Traffic in Our Search for a New Media Equation — Full disclosure: I've used this headline before. Actually, only the second half of it.
Discussion:
Gigaom, FishbowlNY and @davisshaver
Henry Blodget / Business Insider:
It's Becoming Clear That CNN Boss Jeff Zucker Is, In Fact, Exactly What The Network Needed — Here at Business Insider, we have TVs hanging all over the newsroom, and for the last few days, the one across from me has been showing CNN. — As a result, I can tell you that CNN is, in fact …
Discussion:
@owillis, @dorseyshaw, @tomgara, @ryanchittum and @jayrosen_nyu
Chris Ariens / TVNewser:
‘60 Minutes’ Apologizes for Audio Editing in Tesla Report — “60 Minutes” has apologized for an editing error in Scott Pelley's feature on Tesla founder Elon Musk Sunday night. — As an electric car, the Tesla Model S doesn't make a typical engine noise, so the editor added some sound for effect.
Discussion:
Jalopnik, Poynter, Mediaite, The Huffington Post, Salon, AutoblogGreen, Associated Press and Mashable
Ed Sussman / PandoDaily:
A framework for social journalism by former fastcompany.com chief Ed Sussman — The New Rules of Social Journalism: A Proposal — My timing was not ideal. — Last Thursday, Fortune reported that a number of guest contributors on Forbes.com, Seeking Alpha, Wall Street Cheat Sheet …
Discussion:
@jayrosen_nyu
Andrew Beaujon / Poynter:
Deadspin's Manti Te'o story among finalists for Mirror awards, honouring media reporting — Mirror Awards finalists announced — The 2014 Mirror Awards, which honor media industry reporting, announced their finalists Tuesday. Winners will be announced June 4.
Discussion:
Mirror Awards, @craigsilverman, @thelist and AAN
Richard Prince / The Maynard Institute:
FCC Vote Praised as Saving Jobs, Ownership Diversity — By 3-2, Panel Takes Action Against Media Consolidation — Diverse Startup Adds German Conglomerate as Backer — New Magazine Funded by Black Conservatives, Not Paper — Chavez Film Gains Following Where Leader Was Active
Discussion:
Technology Liberation Front and New York Times
Jonathan Stempel / Reuters:
News Corp wins dismissal of U.S. lawsuit over phone hacking — (Reuters) - News Corp, its Chairman Rupert Murdoch and other top officials have won the dismissal of a U.S. lawsuit accusing them of defrauding shareholders by concealing widespread, illegal phone hacking at two of its British newspapers.
Discussion:
The Wrap and Deadline.com
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