Top News:
Caroline O'Donovan / Nieman Journalism Lab:
With $50 million, BuzzFeed growth calls for sharper lines between news and the other stuff — The New York Times' Mike Isaac was the first to report late Sunday night that BuzzFeed had raised $50 million in new venture funding from Andreessen Horowitz. … The story was followed by a chorus of blog posts and press releases.
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Felix Salmon / Medium:
Don't compare BuzzFeed's valuation to newspapers'; compare it to agencies, reaching young, mobile, social audiences — Normally, when some big deal is announced in the business world, a rah-rah press release goes out and then smart journalists start explaining what's really going on.
Discussion:
@mims, @espiers, @jhweissmann, @cdixon, @pkafka, @lpolgreen, @nxthompson, @felixsalmon, @mattzeitlin, @dkthomp, @riceid, @riceid, @mathewi, @gaberivera, BuzzFeed, Tubefilter, The Hill and The New York Observer
Erin Griffith / Fortune:
Jonah Peretti, Ze Frank, and Jonathan Perelman talk about vision for BuzzFeed Motion Pictures — BuzzFeed's big secret: Video is taking over — Buried in the news that BuzzFeed raised $50 million in new funding on Monday is the fact that the 550-person company has reorganized itself.
Discussion:
@erickschonfeld, @geoffgolberg and @geoffgolberg
Peter Kafka / Re/code:
A16Z's Chris Dixon: BuzzFeed, which could reach 10X-100X the audience of past media empires, is a bargain at $850M valuation
A16Z's Chris Dixon: BuzzFeed, which could reach 10X-100X the audience of past media empires, is a bargain at $850M valuation
Discussion:
Valleywag, Guardian, Om Malik, Wall Street Journal, AdExchanger, @edmundlee, BBC, @weegee, @riceid, @nbj914, @timkiladze, The FJP, Gawker and New York Magazine
Jezebel:
Jezebel staff accuse Gawker of not dealing with trolls posting violent porn images in comments — We Have a Rape Gif Problem and Gawker Media Won't Do Anything About It — Working at Gawker Media is a dream job for many of the women on staff here at Jezebel.
Discussion:
@joeljohnson, Nieman Journalism Lab, The Huffington Post, @rukmini_shrini, @glassresistor, @jessieflux, @cormier_ht, @tieguy, @jeffjohnroberts, @nixie, @juliachanb, The Wrap, Washington Post, @melissastetten, @emilyslist, @kashhill, Mashable, @jennpozner, Business Insider, PandoDaily, @glennf, @americasbaby1, @jessicacoen, @zimman223, @kateharding, Capital New York, @allisonkilkenny, @monikabauerlein, FishbowlNY, @susanarendt, @nathanjurgenson, @michellesnarks, @boyreporter, @taramurtha, @ronhogan, Talking Points Memo, @csoghoian, @adrianchen, @codinghorror, @digg, @ishaaran, @abeaujon, @justinnxt, @nbj914, @mzhemingway, @codybrown, @sarahjeong, @rgay, @cl_kitchens and @morisy
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Kristen Hare / Poynter:
Jezebel staffers wanted to 'light a fire under management's collective ass'
Jezebel staffers wanted to 'light a fire under management's collective ass'
Discussion:
Gigaom, The New York Observer, Mediaite and @mathewi
Mat Honan / Wired:
If you like everything on Facebook, brands and content mills like Upworthy dominate News Feed — I Liked Everything I Saw on Facebook for Two Days. Here's What It Did to Me — There's this great Andy Warhol quote you've probably seen before: “I think everybody should like everybody.”
Discussion:
PandoDaily, Anil Dash, @jeffchu, The FJP, AdAge, @mnik, @bobmcmillan, @matthewteller, @numeson, @stevesilberman, Mother Jones and @brad_frost
Joel Mathis / Philadelphia Magazine:
The Long Fall of Philly Newspapers — Oh, what an ugly difference a dozen years can make. — At the beginning of the 21st century, the newspaper business was a happy one, fed by fat profit margins and a lack of competition in most cities. Philadelphia was no different: Yes …
Discussion:
@phillymag, @wendywarren, @abeaujon, @steveouting, @pkerkstra, @ckrewson and @robcurley
James Poniewozik / TIME:
Hashtag activism after a fatal police shooting serves as grassroots media criticism — IfTheyGunnedMeDown and What Hashtag Activism Does Right — Social media protests have their limits, but one thing they're very, very good at is grassroots media criticism. — The injury, a deadly one, came first.
Discussion:
The Root, @chipondac, @mesheherkimmie, Race, On The Media, @jrphillips5, @wendi_c_thomas, @kellyosullivan, @mtdukes, @tropicloner, Mashable, New York Times, The Verge and Daily Dot
Wall Street Journal:
Amazon's dispute with Disney is about recovering losses due to price matching from studios, promotion and product placement costs — Disney-Amazon Dispute Concerns More Than Pricing — Studio, E-Commerce Giant Also Wrangling Over DVD Promotional Costs — Price isn't the only issue keeping …
Discussion:
@jyarow
Sarah Buhr / TechCrunch:
BeachMint Gets Lucky In Joint Venture With Conde Nast — E-commerce platform BeachMint announced it will take over all operations for Lucky Magazine today. The takeover is part of a newly formed joint venture between BeachMint and magazine publishing giant Conde Nast.
Discussion:
Adweek, Fashionista, MediaWire Daily, PandoDaily, AdAge, VentureBeat, FishbowlNY, WWD Media Headlines, Jezebel, The Huffington Post, New York Magazine, @lapresmidi and @benparr
Hannah Francis / The Australian:
Australian telecommunications company Telstra acquires video platform Ooyala for $270M — Telstra to buy video platform Ooyala for $291m — Telstra has thrown another $US270m ($290.9m) at video streaming and analytics platform Ooyala to acquire 98 per cent of the company, subject to US regulatory approval.
Discussion:
Videomind RSS, Sydney Morning Herald, Re/code, TechCrunch and Reuters
Katharine Murphy / Guardian:
Australia's national security proposals will criminalise journalists, says union — Media Entertainment and Arts Alliance joins media companies to warn of ‘chilling effect’ on Australia's public-interest journalism — Australia's media union has warned the Abbott government's looming …
Discussion:
@mick_peel, @murpharoo, @castancentre, @antloewenstein and @beneltham
Nick Summers / The Next Web:
Ghost gives its blogging platform a huge upgrade before moving to a 2-4 week release cycle — Ghost has updated its open-source blogging platform with a bevy of technical improvements that should help it to compete with established competitors such as WordPress, Tumblr and Medium.