Top News:
Shalini Ramachandran / Wall Street Journal:
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 and @miriamgottfried
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Liana B. Baker / Reuters:
Comcast: Business services is sweet spot in Time Warner Cable deal — (Reuters) - Selling Internet and phone service to businesses is hardly the sexiest part of the cable industry, but it has got a definite allure for the architects of the $45.2 billion merger of Comcast and Time Warner Cable.
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
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
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
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
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
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, The Huffington Post, Mediaite, Poynter, Salon, Associated Press, Mashable and AutoblogGreen
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
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.
Janko Roettgers / Gigaom:
What to expect from Amazon's TV streaming device — Amazon is set to announce its Roku and Apple TV competitor at a press event in New York Wednesday. The company has successfully kept a lid on the project, leaving everyone guessing about key details like the actual shape of the physical device …
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, @mallarytenore, @craigsilverman, @thelist and AAN
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
Liz Shannon Miller / Gigaom:
The new British invasion: Why Amazon, Hulu and Netflix love UK TV shows — For decades, American fans of British accents had it rough. Beginning in the 1970s, the primary access they had to television created in the United Kingdom was through PBS, which imported classic series like Fawlty Towers …
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:
@dorseyshaw, @ryanchittum, @jayrosen_nyu, @owillis and @tomgara
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