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12:25 PM ET, May 19, 2014

Mediagazer

 Top News: 
David Carr / New York Times:
Editor's Exit at The Times Puts Tensions on Display  —  Back in 2010, before she became executive editor of The New York Times, Jill Abramson sent me a handwritten attaboy note about a big story.  It still hangs in my cubicle: “You wrote a story about the trashing of a once great American institution and people never tire of that.”
RELATED:
Ken Auletta / New Yorker:
Guardian's Gibson weighs in on NYT and Abramson: “Jill should not have been hung out to dry”  —  Why Jill Abramson Was Fired: Part III  —  In my last post exploring why Jill Abramson was fired as executive editor of the New York Times by Arthur O. Sulzberger, Jr. …
Manuel Roig-Franzia / Washington Post:
Jill Abramson tells Wake Forest graduates to ‘show what you are made of’  —  WINSTON-SALEM, N.C. — Ousted New York Times editor Jill Abramson told graduates here to “show what you are made of” when facing adversity.  —  “I'm talking to anyone who's been dumped,” Abramson said to knowing chuckles from the large crowd.
Edmund Lee / Bloomberg:   Times Editor Inherits Business Battles Fought by Abramson
AT&T:
AT&T agrees to acquire DirecTV in stock-and-cash deal for $95 per share  —  AT&T to Acquire DIRECTV  — Creates Content Distribution Leader Across Mobile, Video & Broadband Platforms  — The premier pay TV brand with the best content relationships now poised to deliver video to multiple screens …
RELATED:
Chris Welch / The Verge:   AT&T can bail on $48.5 billion merger if DirecTV loses NFL Sunday Ticket
P.J. Bednarski / MediaPost:
Chernin Group's alliance with AT&T for over-the-top video gains significance with DirecTV deal
Discussion: Reuters and Wall Street Journal
Steve Kovach / Business Insider:
DirecTV deal valued at $48.5B, or $67.1B with debt; AT&T frames purchase as a way to extend internet access to rural areas
Discussion: Re/code and Gigaom
Todd Spangler / Variety:
YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources  —  Deal would be biggest ever for YouTube  —  Google's YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact.
RELATED:
Wall Street Journal:
Google's acquisition talks with Twitch still at an early stage  —  Google in Talks About Possible Acquisition of Twitch  —  Google's Talks With Live Video-Streaming Service at Early Stage  —  Google Inc. is in talks about a possible acquisition of Twitch, a fast-growing live video-streaming service …
Discussion: @wsjd, @bryfitz, @ow, Guardian and @benfritz
Leslie Kaufman / New York Times:
Hale Global's Patch is pared down to 65 journalists; on track for $21M in revenue this year  —  Patch Sites Turn Corner After Sale and Big Cuts  —  In January, when AOL announced that it was handing over the majority stake in Patch, its troubled hyperlocal news division, to an investment firm …
Mark Potts / American Journalism Review:
What the New York Times Innovation Report Says About the State (and Future) of Digital News  —  For those of us who have spent the past decade or two on the front lines of trying to make newspapers and other legacy news organizations more digital, the internal innovation report that leaked …
Discussion: @pottsmark and Logic+Emotion
RELATED:
Guardian:
Guardian News & Media appoints Aron Pilhofer as executive editor of digital  —  Hire reflects the Guardian's ongoing commitment to digital transformation  —  Guardian News & Media (GNM) today announced the appointment of Aron Pilhofer - currently associate managing editor for digital strategy …
Michael Wolff / USA Today:
Europe's “right to be forgotten” serves as a brake against the ever-growing power of Google  —  The right to be forgotten by Google  —  Google is too big, too octopus-like, too invasive, too knowing, too powerful.  Anybody disagree that Google offers a creative scenario of a dystopian …
Amir Efrati / The Information:
Comcast testing service that allows web content companies to bypass network middlemen, deliver their services directly to Comcast customers  —  As TV Battles Heat Up, Comcast Launches New Web Delivery Service  —  As regulatory battles and mega-mergers roil the media business …
Discussion: @jessicalessin and @theinformation
 
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 More News: 
Al Tompkins / Poynter:
What the FCC's net neutrality ruling means for journalism
Discussion: Forbes and @atompkins
 Earlier Picks: 
Philip Oltermann / Guardian:
German court rules late American psychologist is author of book she claimed was dictated …
Daniel Roberts / Fortune:
Will.i.am owns an equity stake in Beats, played a key role in its success
Discussion: @tapbot_paul