Mediagazer: Picfair receives £310k from angel investors including Reddit co-founder (Abigail Edge/Journalism.co.uk)

10:10 AM ET, June 9, 2014

Top News:

Time Inc., set to trade as an independent company tomorrow, plans 25% cut in editorial costs — Time Inc. to Set a Lonely Course After a Spinoff — Sometime late next year Time Inc., the company that all but created the modern magazine business, will leave its home of more than five decades …

Amanda Meade / Guardian:

News Corp accuses Daily Mail Australia of plagiarism — Australia's largest newspaper group labels rival journalists ‘copy snatchers and parasites’ amid accusations of stealing stories — News Corp Australia has taken aim at its new local online competitor Daily Mail Australia …

Discussion: TheAustralian, @moorehn and Press Gazette

Abigail Edge / Journalism.co.uk:

Picfair receives £310k from angel investors including Reddit co-founder — Image library Picfair has officially launched following £310,000 of funding from angel investors including Reddit co-founder Alexis Ohanian. The platform, which allows anyone to license and sell images …

Alex Hayes / mUmBRELLA:

Fairfax CEO hits back at News Corp, accuses it of ‘spreading lies’ and being ‘at war with itself’ — Fairfax CEO Greg Hywood has fired off an email to staff at the media company accusing rivals News Corp of spreading “lies” about the company, having “deep seated cultural problems” and being “at war with itself over it future”.

Discussion: Sydney Morning Herald, @mumbrella, @doneas and TheAustralian

Cora Currier / Columbia Journalism Review:

Yemen kicks out foreign correspondents, and local journalists face internal censorship — Yemen kicks out foreign correspondents — Journalist Adam Baron was deported from Yemen in early May, after being told that he was no longer welcome in the country.

Stuart Kemp / Hollywood Reporter:

Vimeo hires Peter Gerard as Director of Audience Development and Content Operations — Barry Diller's Vimeo Names Director of Audience Development, Content Operations — Distrify founder Peter Gerard joins the online video arm of IAC, which is moving into original programming creation.

Corey Hutchins / Columbia Journalism Review:

Trying to understand arcane state tax rule shows need for local explanatory journalism — The case for Voxsplaining the local news — My adventures in understanding North Carolina's privilege license tax — CHARLESTON, SC - Last week, North Carolina's Republican governor, Pat McCrory …

Discussion: @neil_irwin, @yurivictor, @jawtry and @jayrosen_nyu

William Turvill / Press Gazette:

Ethiopian journalist branded a ‘terrorist’ and locked up for 18 years wins 2014 Golden Pen of Freedom — An Ethiopian journalist branded a “terrorist” and currently serving an 18-year prison sentence has been awarded the 2014 Golden Pen of Freedom. — Eskinder Nega (pictured) …

Discussion: Journalism.co.uk

Albina Kovalyova / NBC News:

Killers of Russian Journalist Anna Politkovskaya Jailed for Life — MOSCOW - Two men were sentenced to life in prison Monday for the murder of Russian investigative journalist Anna Politkovskaya. Three other men were given jail sentences of between 12 and 20 years, the press service …

Discussion: New York Times, Associated Press, Guardian, Sky News, RT, BBC, Channel NewsAsia, @moneyries, Al Jazeera English and DW.DE

David Bauder / Associated Press:

Documentary series “The Sixties” boosts CNN at end of rough month for cable news — ‘Sixties’ a bright spot for CNN — NEW YORK (AP) — During some perilous times for the cable news networks, CNN is relieved to find there's still some resonance to the 1960s.

Katie Collins / Wired UK:

Near Kiev in Ukraine, journalists celebrate freedom of expression by digging through documents — Restoring press freedom in Ukraine with the Yanukovych Leaks — For the last three years in Ukraine, 6 June has been known as journalist's day. Journalists and activists have gathered outside …

Discussion: Wired.co.uk, @wireduk, McClatchy Washington Bureau and RT

BBC:

Nigerian army raids newspaper depots — The Nigerian army has carried out raids on distribution centres handling several of leading national newspapers. — The newspapers said their delivery vans had been searched and vendors questioned across the country, and copies of the papers destroyed.