Mediagazer: Vimeo Enters Original Programming Business With Its First Web Series (Lucas Shaw/The Wrap)

3:00 PM ET, May 29, 2014

Top News:

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: Bloomberg, Forbes, Wall Street Journal, @bryfitz, @stevenbjohnson, @peterlattman, @hugolindgren and Los Angeles Times

Ed Christman / Billboard:
John Janick to Succeed Jimmy Iovine as Chairman, CEO of Interscope Geffen A&M

Discussion: Cult of Mac, The FADER, Hollywood Reporter, @reckless, Variety and New York Magazine

Peter Kafka / Re/code:
Cue and Iovine talk about Beats acquisition, competing streaming services, Apple TV, more

Discussion: TechCrunch, AppleInsider, ReadWrite, Business Insider, @inafried, @larrymagid, @jonfortt, @fmanjoo, Cult of Mac, @nichcarlson, The Tell, @lanceulanoff, @recode, MacStories, @parislemon, BGR, @stevecase, MacRumors, Mashable, CNET, The Next Web, @johnpaczkowski and The Verge

Peter Kafka / Re/code:
Tim Cook Explains Why Apple Is Buying Beats (Q&A)

Discussion: Tech Trader Daily, Guardian, The Verge, Cult of Mac, MacRumors, Forbes, Wall Street Journal, App Advice, The Tell, hypebot, TIME, Business Insider, USA Today, MacStories, AppleInsider, TechCrunch, @daveying99, Fortune and @lessien

Apple:
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, Forbes, 9to5Mac, CNET, hypebot, ReadWrite, @tim_cook, VentureBeat, VatorNews, The Verge, Cult of Mac, MacRumors, App Advice, Guardian, @barbariancap, The Information, Re/code, New York Times, PandoDaily, Fortune, Business Insider, MacStories, NPR, Mercury News, The Verge, ZDNet, TIME and BBC

Janko Roettgers / Gigaom:
It's official: Apple is buying Beats for $3 billion

Discussion: Forbes, TechCrunch, New York Post, Business Wire, ReadWrite, @billboardbiz, Re/code, Om Malik, Forbes, BGR and MacRumors

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: Folio, Poynter, Media & Entertainment, FishbowlDC, The Wrap, MediaWire Daily, @brianstelter and Mashable

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

Nicole Perlroth / New York Times:

Iranian hacker “Newscaster” campaign used real journalists' names, fake reporter personas — Cyberespionage Attacks Tied to Hackers in Iran — SAN FRANCISCO — An elaborate, three-year cyberespionage campaign against United States military contractors, members of Congress …

Discussion: iSIGHT Partners, VentureBeat, Bloomberg, Washington Post and Mashable

Reid J. Epstein / Wall Street Journal:
Hackers' Fake News Site Relied on Plagiarized Stories

Discussion: Reuters, iSIGHT Partners, The Verge, @wsjpolitics and Latest News & Headlines

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: @piersmorgan, @huffpostpol, @jayrosen_nyu, New York Magazine, @savvyatlgirl and @mlcalderone

Mandy Jenkins / Zombie Journalism:

Technology is a solution, not a problem, for women in newsrooms — So maybe you've noticed - there's a lot of talk about women in journalism these days in the wake of Jill Abramson's unplanned exit from the New York Times. Aside from being a woman and a journalist, I haven't generally felt …

Discussion: @katiepark, @macloo, @kissane, @kate_day, @mjenkins and @mjenkins

Nikki Usher / Washington Post:
It's not just Jill Abramson: Women everywhere are getting pushed out of journalism

Discussion: @nikkiusher, @yurivictor, @tasneemraja, @rsm, @amandabee, @sisiwei, @tasneemraja, @derekwillis, @tasneemraja, @katdowns, @nikkiusher, @rsm, @livvybolton, @derekwillis, @derekwillis, @feministabulous and @markcoddington

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 …

Discussion: Lost Remote, VentureBeat, Hollywood Reporter, The Verge and Variety

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

Jessica Guynn / USA Today:

Hastings: Comcast wants to become the ‘post office’ — RANCHO PALOS VERDES, Calif. — He said, he said. — Netflix CEO Reed Hastings on Thursday continued to stump against Comcast's proposed $45 billion merger with Time Warner Cable in an appearance at the Code Conference.

Discussion: Re/code

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: Gigaom, The Dish, @ethanwsj, Re/code, @ylichterman and Poynter

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?

Discussion: The Dish, The New York Observer, @jayrosen_nyu, @froomkin, @dougjballoon, @poniewozik, Talking Points Memo, Mediaite, @nspector4, @jamisonfoser, @jonathanchait, @zackbeauchamp, @ethancoxmtl, @jpodhoretz, @davidfolkenflik and The Newspaper Guild

Jack Marshall / Wall Street Journal:

BuzzFeed tinkers with sponsored content labels as native advertising evolves — “Native” Ad Labelling is a Work in Progress — “Native” advertising, or advertising content designed to blend in with editorial content, is all the rage. But publishers and marketers are still figuring …

Discussion: @noahchestnut and @jackmarshall

Ryan Lawler / TechCrunch:

Eddy Cue Says Apple TV, With 20 Million Units Sold, 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: 9to5Mac, Re/code and Forbes

Glenn Peoples / Billboard:

SoundExchange Launches Campaign for Royalties on Pre-1972 Recordings — Listen to the Stooges' “Search and Destroy” from the 1973 album “Raw Power” on Pandora and the band will receive a small royalty. But listen to “Down on the Street,” from the “Funhouse” album released three years earlier, and the band won't be paid.

Discussion: @sagaftra, @soundexchange, AllAccess.com, Los Angeles Times and RIAA

Ricardo Bilton / Digiday:

IJReview uses Upworthy-like headlines and Facebook to eclipse FoxNews and NYT in US uniques — The biggest viral publisher you've never heard of — What happens when you take an hyper-viral publishing model and apply it to a specific topic? Major traffic growth, for one.

Discussion: @lmoses