Top News:
Ben Sisario / New York Times:
Jimmy Iovine's four decades of experience and celebrity connections lend credibility to Apple's music plans — Jimmy Iovine, a Master of Beats, Lends Apple a Skilled Ear — CUPERTINO, Calif. — Apple's new music impresario, Jimmy Iovine, didn't start out writing code or studying computer engineering …
Discussion:
Forbes, Bloomberg, Wall Street Journal, @peterlattman and @stevenbjohnson
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Peter Kafka / Re/code:
Cue and Iovine talk about Beats acquisition, competing streaming services, Apple TV, more — Apple Shows Off Its Newest Product, and Promises Much More to Come — Liveblog highlights — Apple offers three reasons for its $3 billion deal to acquire Beats: the talent, the headphones and the subscription music service.
Discussion:
TechCrunch, AppleInsider, Business Insider, MacStories, The Tell, @johnpaczkowski, @inafried, @larrymagid, @jonfortt, @fmanjoo, @nichcarlson, CNET, @lanceulanoff, @recode, The Next Web, MacRumors, @parislemon, @stevecase, Mashable and The Verge
Ed Christman / Billboard:
John Janick to Succeed Jimmy Iovine as Chairman, CEO of Interscope Geffen A&M — John Janick has been named chairman and CEO of Interscope Geffen A&M, succeeding Jimmy Iovine, the most successful head of a major label for the last 25 years. — The announcement was made to coincide …
Discussion:
@reckless, Hollywood Reporter, The FADER, Variety and New York Magazine
Peter Kafka / Re/code:
Tim Cook Explains Why Apple Is Buying Beats (Q&A) — The Apple Beats deal has already generated lots of debate, and now that it's official, we will see even more. Here's Apple CEO Tim Cook's extended explanation, via an interview he conducted with Re/code this afternoon.
Discussion:
Guardian, MacRumors, @daveying99, Forbes, USA Today, MacStories, Business Insider, AppleInsider, @lessien, TechCrunch, TIME and Fortune
Apple:
Apple to acquire Beats Music and Beats Electronics for $2.6B in cash and $400M in stock to vest over time
Apple to acquire Beats Music and Beats Electronics for $2.6B in cash and $400M in stock to vest over time
Discussion:
Wall Street Journal, New York Times, 9to5Mac, TechCrunch, CNET, VentureBeat, New York Post, ReadWrite, @tim_cook, The Information, Re/code, Mashable, The Verge, MacRumors, @billboardbiz, Guardian, @barbariancap, PandoDaily, Fortune, App Advice, MacStories, NPR, Gigaom, Mercury News, ZDNet, Business Insider, The Verge, TIME, BBC, Forbes and MacRumors
Joshua Benton / Nieman Journalism Lab:
KPCB: Mobile use continues to skyrocket, yet most news orgs make only a “pittance” off it — The scariest chart in Mary Meeker's slide deck for newspapers has gotten a little scarier — It's an annual moment of print realism here at Nieman Lab: The posting of the attention slide …
Discussion:
Re/code, @ylichterman and @ethanwsj
RELATED:
Andrew Beaujon / Poynter:
Print still attracts more advertising than it deserves, Mary Meeker says
Print still attracts more advertising than it deserves, Mary Meeker says
Discussion:
kpcb.com, Quartz, Business Insider, Wall Street Journal, Forbes, Deadline.com, ZDNet and Fortune
Margaret Sullivan / New York Times:
Michael Kinsley Responds to Criticism of Greenwald Review — In a post yesterday, I took up Michael Kinsley's review of Glenn Greenwald's book, “No Place to Hide,” which many Times readers had written to me about. Mr. Kinsley has asked The Times for the opportunity to respond and I am providing it here: Quis custodiet ipsos custodes?
Michael Sebastian / AdAge:
Conde Nast Drafts an Internal ‘Magna Carta’ for Native Advertising — Publisher of Vogue and Vanity Fair Seeks to Codify Tactic — How to Integrate Social Media Into Your Marketing Strategy — Conde Nast, publisher of Vogue and The New Yorker, has asked its editors and publishers …
Discussion:
@joepompeo, mUmBRELLA, Capital New York, The FJP and FishbowlNY, Thanks:@natives
Chris Ariens / FishbowlNY:
Prometheus Global Media acquires Mediabistro editorial and e-commerce assets for $8M — Prometheus Global Media to Acquire Mediabistro — So, we're in the news today. This morning, Mediabistro is announcing that it has entered into a definitive agreement to sell its editorial …
Discussion:
MediaWire Daily, @brianstelter and Mashable
Nikki Usher / Washington Post:
It's not just Jill Abramson: Women everywhere are getting pushed out of journalism — Blame the techies. — Nikki Usher is the author of Making News at The New York Times and an assistant professor at George Washington University's School of Media and Public Affairs.
Discussion:
@nikkiusher, @yurivictor, @tasneemraja, @rsm, @amandabee, @sisiwei, @tasneemraja, @derekwillis, @tasneemraja, @katdowns, @nikkiusher, @rsm, @livvybolton, @derekwillis, @derekwillis, @feministabulous and @markcoddington
RELATED:
Bill Carter / New York Times:
May Brings a Loss of Viewership for Cable News Channels — May is typically a slow month for television news channels — not much is happening and there is competition from season-ending series elsewhere. — But all the news channels have seen particularly troubling declines in viewership …
Discussion:
@mlcalderone and @savvyatlgirl
Madison Gray / Poynter:
LinkedIn trying to appeal to journalists by pitching itself as a research tool — Spreading the gospel of LinkedIn for Journalists — The classroom at the City University of New York sat attentively watching the browser on the large screen point to LinkedIn.
Discussion:
@poynter
Lucas Shaw / The Wrap:
Vimeo Enters Original Programming Business With Its First Web Series — Vimeo will make a new season of the web series “High Maintenance,” the video service's first attempt to fund its own programming, the company said Wednesday. Vimeo will finance six new episodes of the series …
Reuters:
Dish Network to accept bitcoin payments starting this year — Satellite TV operator Dish Network to accept bitcoins — (Reuters) - Satellite TV operator Dish Network said it would accept bitcoin payments from customers from the third quarter, joining companies such as Overstock.com Inc …
Discussion:
Deadline.com, Hollywood Reporter, bizjournals, Bloomberg, TIME, Variety, Press Release, newsBTC, Benzinga and NBC News
Ryan Lawler / TechCrunch:
With 20 Million Units Sold, Eddy Cue Says Apple TV Will Continue To Evolve — Apple TV has been a pretty modest success when you compare it to some of Apple's other products, but with 20 million units sold, the product has clearly captured consumer attention.
Discussion:
Re/code
Jeff Baumgartner / Multichannel News:
Clearleap Heads Into Latin America — Taps Tom McCarthy To Head Up Sales In The Region — Following an expansion into Europe last August, multiscreen video specialist Clearleap is also setting its sights south of the border with a launch into Latin America.
Discussion:
Streaming Media
Capital New York:
American Prospect likely to become quarterly ‘journal of ideas’ — The American Prospect's board of directors met this morning to consider a proposal to recreate the Prospect as a print quarterly with a smaller budget, a source with knowledge of the meeting told Capital.
Discussion:
@gabrielarana and The Huffington Post
Brendan Sasso / NationalJournal.com:
Six Strikes delivers 1.3M copyright violation notices in 10 months, to double in size in 2014 — Entertainment Companies Caught 1.3 Million Alleged Pirates — Under an initiative, movie studios and record labels don't need a court to go after copyright violations.
Discussion:
Multichannel News, Variety and The Verge
Didi Tang / Associated Press:
China detains journalist ahead of anniversary — BEIJING (AP) — Beijing police have detained a Chinese news assistant for a Japanese newspaper, her family said Wednesday, in the latest in a string of detentions ahead of the 25th anniversary of the 1989 crackdown on pro-democracy protests in Tiananmen Square.
Discussion:
New York Times and RFA