Mediagazer: German Media Giant Bertelsmann Backs Indian Start-Up Fund (Scott Roxborough/Hollywood Reporter)

9:20 AM ET, June 27, 2014

Top News:

Roy Greenslade / Guardian:

Newspapers fail to report the real story about phone hacking trial — Next week six men will be sentenced for their involvement in the interception of voicemail messages on mobile phones. Between them, they were either responsible for hacking into the phones or knowing about such activity.

Discussion: @michaelwhite, @jimrossignol, Latest News & Headlines, @themurdochtimes and @jackofkent

Mark Hosenball / Reuters:
Despite London acquittals, U.S. probe of News Corp continues

Discussion: The Daily Beast, Daily Mail and RT

Economist:
British democracy damaged by hacking scandal, politicians no longer fear newspapers

Discussion: @econeurope and @peter_watts

Jack Mirkinson / The Huffington Post:
Rebekah Brooks Says She Is ‘Vindicated’ By Acquittal In Phone Hacking Trial

Discussion: Reuters, Guardian, Press Gazette and Guardian

Sam Gutelle / Tubefilter:

Fullscreen Will Invest $10 Million In Original Programming — Fullscreen's motto is “power to the creators.” During a presentation at VidCon, the multi-channel network explained how it will live by that mantra. In his keynote address, CEO George Strompolos announced Fullscreen's plan to invest $10 million in original programming.

Discussion: Hollywood Reporter and The Wrap

Mark Kleinman / Sky News:

Yahoo bids $250M for YouTube partner Fullscreen, Chernin Group also said to be interested — Yahoo And Chernin Vie For YouTube Partner — Sky News understands Yahoo has offered around $250m for Fullscreen — The internet giant Yahoo is vying to win control of Fullscreen …

Discussion: Reuters, ZDNet, bizjournals, opptrends and Fox Business

Erich Schwartzel / Wall Street Journal:

The latest “Transformers” movie pulled out all the stops to appeal to a Chinese audience, illustrating how crucial China is to Hollywood's fortunes. — For ‘Transformers,’ Action Is in China — From Casting Effort, to Premieres, to Filming, a Nod to an Increasingly Important Market

Scott Roxborough / Hollywood Reporter:

German Media Giant Bertelsmann Backs Indian Start-Up Fund — The multi-million dollar investment in the Digital Nirvana Fund is part of Bertelsmann's expansion into the fast-growing Asian media markets. — German media giant Bertelsmann has made a multi-million dollar investment …

Miguel Helft / Fortune:

Q&A: Susan Wojcicki, CEO, YouTube on ad revenue, original content — How do you take the best parts of the traditional TV process and apply them to the Internet? YouTubeÂ's chief executive explains. For all its success, YouTube has long suffered from TV envy.

Discussion: @johnbattelle

Ted Johnson / Variety:

Ads on Public TV? Station Seeks Supreme Court Review of Ban on Commercial Spots — The day after the Supreme Court issued its decision in Aereo, the justices are weighing whether to take another case that could have a significant impact on broadcasting. — Minority Television Project …

Roy Greenslade / Guardian:

Barrister David Wolfe to chair the press regulation recognition panel — A barrister, Dr David Wolfe QC, has been appointed as the inaugural chair of the recognition panel that was established by the royal charter on press regulation. — Wolfe, who is in practice at Matrix Chambers …

Discussion: @katiehwclark and HoldTheFrontPage

Lucia Moses / Digiday:

GE teams with news organizations to produce its own news website, Pressing — GE becomes legitimate online news publisher — After a very entertaining stunt with Jimmy Fallon, GE, an early adopter of content marketing, has been putting a focus on hard news of late.

Discussion: Nieman Journalism Lab, @davidcho, @digiday, @dmgaspar, @raju, @gierasimczuk and Digiday

Michael McWhertor / Polygon:

YouTube adding support for 60 FPS videos, tip jar for fan funding — YouTube announced today it's adding two new features that will benefit people who enjoy watching video games online and those who stream games online: 60 frames per second video playback and the option for fans to pay video creators directly through YouTube.

Discussion: Forbes, YouTube Creator Blog, Softpedia News, Re/code, Adweek, Softpedia News, Softpedia News, Hollywood Reporter, Tubefilter, @mikemcwhertor, @pythongb, Sydney Morning Herald, @personasama, Engadget, Variety, TechCrunch, Variety and ReadWrite

Mark Sweney / Guardian:

Liberty Global to start review of £100m pan-European media planning account — John Malone's firm plans review following purchase of Virgin Media last year, creating Europe's largest broadband business — John Malone's Liberty Global, which owns Virgin Media in the UK …

Discussion: Press Association

Alicia Rancilio / Associated Press:

What's the hash? Why hashtags for TV shows matter — NEW YORK (AP) — During fresh episodes of “Pretty Little Liars,” the marketing and publicity teams at ABC Family huddle in a conference room to tweet live with fans. — So do cast members and the show's producers from where and when they can — and the dialogue often pays off.

Lexy Savvides / CNET:

Spotify Australia: our major competitor is piracy — Spotify Australia and New Zealand MD Kate Vale explains how the streaming service is trying to lure pirates onto the platform, and reveals hopes of striking a telco deal in Australia. — Spotify Australia and New Zealand MD Kate Vale. — Spotify

Discussion: TorrentFreak

Ingrid Lunden / TechCrunch:

Daily, A New App From Buffer, Uses Tinder Gestures For Finding And Sharing Content — In May, Buffer — the app that competes against the likes of SocialFlow and HootSuite as a way for individuals and businesses to schedule and share things on social networks — added a new content suggestion feature …

Discussion: Buffer Blog, PandoDaily, Marketing Land, Gigaom and SocialTimes

WAN-IFRA:

In Spain more than 300 journalism projects have cropped up in five years, 60% rely on ads — Hundreds of new media boost and diversify journalism in Spain — The unprecedented structural crisis for the print media in Spain has resulted in the closing of more than 200 media outlets.

Discussion: Poynter

ING:

Study: Only 20% of journalists always check their facts before publishing — 2014 Study impact of Social Media on News: more crowd-checking, less fact-checking — The Social Media Impact (#SMING14) survey conducted by ING among an international group of journalists and PR professionals shows …

Discussion: 10,000 Words, Poynter, @surekhapillai, @hooper_box, @stkonrath, @kubremner and @tamarranicole

Todd Spangler / Variety:

NBCUniversal Taps Ex-HBO Exec Dina Juliano to Head TV Everywhere Product Strategy — NBCUniversal head of TV Everywhere Alison Moore has hired former colleague Dina Juliano, who previously led HBO's digital user experience team, to be SVP of consumer product strategy for the group.

Discussion: Adweek, TVNewsCheck.com, MediaPost and Multichannel News