Top News:
Josh Constine / TechCrunch:
Apple plans to discontinue Beats Music streaming service, sources say — Apple Plans To Shut Down Beats Music — Apple will discontinue the streaming music service Beats Music it acquired in May, according to five sources, including several prominent employees at Apple and Beats.
Discussion:
Business Insider, @mikeisaac, Mashable, @obrien, @jyarow, @navjosh, 9to5Mac and MacRumors
Adam Hochberg / Poynter:
New project from Gannett uses Oculus Rift to deliver news via virtual reality — News for the Minecraft generation: Gannett experiments with virtual reality — One of America's largest media companies is hoping that young readers want to get their news the same way that video gamers play World of Warcraft and Doom.
Discussion:
Wall Street Journal, Guardian, Mediaite, The Huffington Post, Pocket-lint and Businessweek
Peter Kafka / Re/code:
AT&T, Chernin buy majority stake in Fullscreen YouTube network, valuing it between $200-300M — AT&T & Chernin Buy Fullscreen, the Big YouTube Video Network — Otter Media, the Web video joint venture between AT&T and the Chernin Group, is confirming its deal to buy a controlling stake in Fullscreen …
Discussion:
Gigaom, Hollywood Reporter, AdAge, TechCrunch, VentureBeat, Reuters, Business Insider, Bloomberg, Variety, Capital New York, @pkafka, Mashable and The Next Web
J.K. Trotter / Gawker:
The (Atlantic) Wire Is Shutting Down — The Wire, formerly known at The Atlantic Wire, is shutting down, according to an internal memo obtained by Gawker. The breaking news site will be folded into the main site of The Atlantic magazine. Co-presidents James Bennett and Bob Cohn sent …
Discussion:
Poynter, @jbenton, @thestalwart, @b_fung, @adamclarkestes, @kansasalps and @clarajeffery
Michael Calderone / The Huffington Post:
New York Times Launches ‘First Draft’ Politics Site And Newsletter — NEW YORK — Carl Hulse, a veteran of The New York Times for nearly three decades, considers there to be a hole in the paper's Washington report. — The Times, online and in print, covers the day's big news and often looks more broadly at the political landscape.
Scott Stossel / Nieman Reports:
Atlantic editor Scott Stossel on keeping one of America's oldest print magazines relevant — Scott Stossel, editor of The Atlantic, has reason to be nervous. That's partly because of his personality—detailed in “My Age of Anxiety: Fear, Hope, Dread, and the Search for Peace of Mind” …
Discussion:
FishbowlNY and bookforum.com
Alex Wilhelm / TechCrunch:
The FCC Hasn't Decided How It Will Enforce Net Neutrality — This morning the Federal Communications Commission (FCC) indicated in a blog post that it is “reviewing” a number of legal methods concerning how to enforce new net neutrality rules. — The implication is plain: No choice has been made.
Discussion:
FCC.gov and National Journal
Folio:
How HBR Has Turned Its Old Content Into New Revenue — A Q&A With Sarah McConville, Harvard Business Review's VP of Marketing. — Smart media companies have figured out how to continuously pull in revenue from some of their oldest content—sometimes going back over a hundred years.
Discussion:
@raju
Donna M. Airoldi / Street Fight:
Report: Online and Digital Ads to Reach 25% of Local Media Revenues in 2015 — Total local media revenues are expected to reach $139.3 billion next year, up from $137 billion this year, for a 1.6% growth rate, with digital and online advertising surpassing the one-quarter mark for the first time …
Discussion:
Capital New York and NetNewsCheck Latest
Emily Bell / Guardian:
News Corp shouldn't blame Google for the media's woes — There are many reasons for the EU to much more robustly police Google, but newspaper websites' troubles aren't among them — What do Google and Scotland have in common? One is a territory bravely battling for its independence …
Discussion:
@raju and @eatatjoe2
Jon Russell / The Next Web:
Blogging platform Svbtle moves to paid membership, costs $6 per month for new users — Svbtle, the stylish blogging platform that opened up to all users at the beginning of the year, has pivoted into a paid-for service, which costs $6 per month. — Created by prominent designer Dustin Curtis …
Cynthia Littleton / Variety:
MGM Acquires Stake in Mark Burnett/Roma Downey Production Companies, Revives United Artists Banner — MGM has acquired a 55% stake in the production companies jointly owned by Mark Burnett, Roma Downey and Hearst Entertainment and has revived the United Artists banner to house the investment.
Discussion:
Forbes, Multichannel News, Deadline, Hollywood Reporter and Los Angeles Times
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