Top News:
Jon Lafayette / Broadcasting & Cable:
On earnings call, Time Warner CEO Jeff Bewkes refuses to comment on Fox takeover bid — Bewkes Won't Comment On Fox Takeover Bid — CEO says strategy is working — Time Warner CEO Jeff Bewkes said he would have little to say about Rupert Murdoch's attempt to take over the media conglomerate.
Discussion:
Capital New York, @pkafka, Variety, Washington Post, Reuters, Variety, Forbes, Hollywood Reporter and Deadline.com
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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
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
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, Forbes, BBC, Wall Street Journal, Bloomberg, @alexweprin, @peterlauria3, @jbflint, @jbflint, @jbflint, @jboorstin, Quartz and The Newspaper Works
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 …
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Michael Sebastian / AdAge:
New York Times Tones Down Labeling on Its Sponsored Posts
Discussion:
@violetblue, Business Insider, American Press Institute and @nbj914
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, Businessweek, @nickwoltman, @galenmoore, @socialkimly, @dfnewscat, @kdoctor, @carr2n, The New York Observer, Adweek and Reuters
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:
Washington Post, BuzzFeed, Washington Post, @barbaraslavin1, @rezaaslan, @glcarlstrom, @max_fisher, @cfarivar, International Campaign … and @thekarami
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 and The Desk
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
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Georg Szalai / Hollywood Reporter:
Dish swings to $213M Q2 profit, loses fewer subscribers, sees continued growth in Hopper
Discussion:
Ticker Report, RTTNews, Bidness Etc, WKRB News, Wall Street Journal, PC Magazine, Dish and Reuters
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
Monica Anderson / Pew Research Center:
The job market tightens, but new journalism grads remain upbeat — Job growth for recent journalism and mass communication grads stalled in 2013 with minority students hit particularly hard by the slowdown, according to a new University of Georgia survey of nearly 1,800 bachelor's and master's degree recipients.
Discussion:
@pewjournalism and @macloo
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
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
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.
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