Top News:
Adam Epstein / Quartz:
HBO Go is poised to become more like Netflix — Time Warner is finally admitting that Netflix is a competitor to HBO. And now, it might create a Netflix of its own. — CEO Jeff Bewkes acknowledged the rise of his company's competitor on this morning's quarterly earnings call.
Discussion:
Deadline.com and @zseward
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Jon Lafayette / Broadcasting & Cable:
On earnings call, Time Warner CEO Jeff Bewkes refuses to comment on Fox takeover bid
Discussion:
Home Media Magazine, Re/code, Variety, Reuters, @pkafka, Washington Post, Forbes, Capital New York, Variety, Hollywood Reporter and Deadline.com
Georg Szalai / Hollywood Reporter:
Time Warner beats Wall St expectations, posts quarterly profits of $850M
Discussion:
The Wrap, Crain's New York, CNNMoney.com and Re/code
Heidi Moore / Guardian:
Spin-offs, break-ups and dropped bids: can big media survive without moguls? — As news conglomerates break apart, the Rupert Murdochs of the world need to look further down the food chain for the next great money-makers — If Time Warner was hoping for a major league suitor, Rupert Murdoch just dropped Fox's acquisition offer.
Discussion:
New York Times, @nickwoltman, @dfnewscat, @kdoctor, Businessweek, @galenmoore, @carr2n, @socialkimly, The New York Observer and Adweek
Myles Udland / Business Insider:
Fox earns $0.42 per share on $8.42B revenue in Q4, beating estimates — Fox Earnings Beat Expectations — 21st Century Fox reported fourth quarter adjusted EPS of $0.42 on revenue $8.42 billion. — Analysts were looking for adjusted earnings per share of $0.38 on revenue of $8 billion, according to data from Bloomberg.
Discussion:
The Wrap, @jbflint, Forbes, @jbflint, @jbflint, BBC, Bloomberg, @jboorstin, @alexweprin, @peterlauria3, Wall Street Journal, The Newspaper Works and Quartz
Rolfe Winkler / Wall Street Journal:
Google's YouTube Buys Mobile Video Startup Directr — In its latest effort to boost advertising by small businesses, Google said its YouTube unit had acquired Directr, a mobile-video app used by small businesses to create marketing videos. — No purchase price was disclosed.
Discussion:
AndroidHeadlines.com
Michael McWhertor / Polygon:
Twitch implements YouTube-like system for blocking copyrighted audio — Twitch users now need to be more vigilant about the music they play while making gameplay videos. Starting today, Twitch is now scanning videos for unauthorized third-party audio — in-game and ambient music — and automatically muting that content.
David Cuen / BBC:
BBC launches first social media-only news service - for Thailand — On 22 May, the Royal Thai Armed Forces staged a military coup and soon after international channels including BBC World News TV were taken off air temporarily. It was clear then that, to fill the international news void …
Discussion:
Nieman Journalism Lab, MediaNama and The Desk
Tony Maglio / The Wrap:
Russell Simmons' All Def Digital Closes $5M in Series A Financing — All Def Digital, Inc. (ADD) has closed $5 million in Series A financing, the company said on Wednesday. — The investment is led by new media venture capital firm Greycroft Partners, with participation from Advancit Capital, Nu Horizons Investments and e.ventures.
Discussion:
Variety
Alexandra Alter / New York Times:
Google partners with Barnes & Noble for same-day book deliveries from stores in West LA, SF Bay Area, and Manhattan — Google and Barnes & Noble Unite to Take on Amazon — Google and Barnes & Noble are joining forces to tackle their mutual rival Amazon, zeroing in on a service …
Danna Walker / American Journalism Review:
Women News Managers Reflect on Leadership Styles in a Changing Industry — Women News Managers Reflect on Leadership Styles in a Changing Industry — Carolyn Ryan of The New York Times told an anecdote recently that helped me think more clearly about this moment in time for women leaders in journalism …
Discussion:
@leswalker, @amjourreview, @pennyriordan1 and Poynter
Deb Aoki / Publishers Weekly:
Japanese Manga, Anime Firms Debut Latest Antipiracy Project — A consortium of Japanese government organizations, manga publishers and anime production and game companies, announced that they have formed the Manga-Anime Guadians Project, a combined effort to crack down on online piracy.
Steven Waldman / Columbia Journalism Review:
Why the ad technology revolution that was supposed to help publishers actually devastated so many of them — Why the ad technology revolution that was supposed to help publishers actually devastated so many of them — Back in antiquity (five years ago), when I ran a popular Web 1. content …
Arash Karami / Al-Monitor:
Detained Post journalist accused of spying in Iran media — The conservative Iranian media has broken its silence on the arrest of Washington Post Tehran correspondent Jason Rezaian and published articles accusing him of spying and having connections to organizations in Washington …
Discussion:
BuzzFeed, Washington Post, Washington Post, @rezaaslan, @barbaraslavin1, @cfarivar, International Campaign …, @glcarlstrom, @max_fisher and @thekarami
Joe Pompeo / Capital New York:
Brady's new Philly site will be called Billy Penn — Jim Brady has settled on a name for the mobile-focused local-news platform he's in the process of launching in Philadelphia. — Originally billed as brother.ly, a reference to the City of Brotherly Love, Brady has changed the title to Billy Penn …
Discussion:
@jimbradysp
Janko Roettgers / Gigaom:
Dish's Charlie Ergen: In the future, most TV viewing won't happen on TV — TV viewing is shifting form televisions to mobile devices, which is one reason why Dish plans to launch an internet TV service by the end of this year. — Dish still wants to launch its internet TV service by the end of this year …
Discussion:
Variety
RELATED:
Georg Szalai / Hollywood Reporter:
Dish swings to $213M Q2 profit, loses fewer subscribers, sees continued growth in Hopper
Discussion:
Ticker Report, PC Magazine, RTTNews, WKRB News, Wall Street Journal, Bidness Etc, Dish and Reuters
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