Top News:
Bob Lefsetz / The Lefsetz Letter:
Tidal is dead on arrival because listeners are cheap, it lacks a critical mass of both users and musicians, and the market is crowded — Tidal — Now let me get this straight...piracy can be eradicated if artists just band together in the name of money? That's what this is all about, cash.
Discussion:
BGR, New York Post, @chrismessina, Vibe, @kierondonoghue, @onsomes**t, Toronto Star and TechCrunch
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Tony Gervino / Billboard:
Jay Z Talks Tidal, Jimmy Iovine, Rewriting the Music Business Rulebook — Jay Z doesn't give many interviews. In conversation, he often pauses mid-sentence, considers, rewinds, slices and reshapes his answer, choosing a more appropriate word or analogy that draws a finer point before revealing it to the interviewer.
Discussion:
Dhaka Tribune, Paper, 9to5Mac, Business Insider, Engadget, Rolling Stone, @tidalhifi, @benedictevans, Medium, Gawker, Consequence of Sound and BuzzFeed
Liana B. Baker / Reuters:
Source: Cablevision plans to offer $1 for New York Daily News, taking into account newspaper's reported $30M annual loss — Exclusive: Cablevision to make $1 offer for New York Daily News - source — (Reuters) - U.S. cable T.V. operator Cablevision Systems Corp is planning to make an offer …
Discussion:
@lianabaker
Jordan Chariton / The Wrap:
Charter Communications Acquires Cable Operator Bright House in 10.4 Billion Deal — Charter Communications and Advance/Newhouse Partnership, parent company of Bright House Networks, have struck a deal where Charter will acquire Bright House for 10.4 billion, the companies announced Tuesday.
Discussion:
Forbes, Tampa Bay Times, Hollywood Reporter, USA Today, Reuters, Wall Street Journal, StreetInsider.com and Benzinga
Cora Currier / The Intercept:
Intercept Reporter Files Suit Against Ferguson Police — An Intercept reporter is suing the St. Louis County Police Department after he was shot with rubber bullets and arrested while reporting on protests in the suburb of Ferguson, Missouri, over the shooting of unarmed teenager Michael Brown last August.
Discussion:
Poynter, @schestowitz and The Huffington Post
Georg Szalai / Hollywood Reporter:
Comcast to invest $4B in spin-off venture arm, led by CFO Michael Angelakis — Comcast to Invest $4 Billion in New Company Led by CFO — Comcast said Tuesday that it has entered into an agreement with its CFO, Michael Angelakis, to establish a new company that will focus on investing …
Discussion:
Multichannel News, Variety, Deadline, Re/code, Chicago Tribune, Philly.com, Philly.com, Bloomberg Business, Reuters, Reuters, Fox Business, Wall Street Journal, VideoInk and CNBC
Caroline Lees / INMA:
How does Mashable compete with New York Times? Big Data — Mashable leverages the data gleaned from its audience usage to identify trends in content consumption, which impacts its internal processes. — How does Mashable use Big Data to create more compelling content from the editorial operation?
Michael Cieply / New York Times:
News Companies See Movies as Opportunity for Growth — LOS ANGELES — When the digital wizards at a forward-leaning media company last year introduced their newest idea, an entertainment unit, they couldn't resist an antique touch: “BuzzFeed Motion Pictures” arrived with a video logo modeled …
Tim Peterson / AdAge:
Tumblr's First CMO Stephanie Dolgins Will Also Oversee Its Media Deals — Former AOL, Disney Exec Most Recently Consulted for CNN, Refinery29 — Yahoo expects Tumblr, the social network it bought in 2013 for $990 million, to pull in $100 million in revenue this year.
Discussion:
mUmBRELLA
Josh Constine / TechCrunch:
Facebook's new Event subscribe button offers notifications of nearby events, incentivizes musicians to set up Facebook Events — Facebook Helps Musicians With Subscribe Button For Any Page's Nearby Events — You don't want to miss your favorite band's concert in your town …
Discussion:
The Next Web