Top News:
Wall Street Journal:
Spotify nearing deal to raise $400M in round valuing the music-streaming service at $8.4B — Spotify Nears Deal to Raise $400 Million at $8.4 Billion Valuation — Goldman Sachs and Abu Dhabi's Sovereign Wealth Fund Have Invested — Spotify AB has headed back to the funding well for a seventh time …
Discussion:
New York Times and Business Insider
RELATED:
Lucas Shaw / Bloomberg Business:
Apple has asked over a dozen artists for exclusive deals to promote Beats Music, which relaunches this summer at $9.99/month with family plan for $14.99 — Apple's New Beats Music Thinks Taylor Swift Will Make You Pay — Apple Inc. has asked Florence and the Machine and more than a dozen …
Discussion:
Pocket-lint, Forbes, Business Insider, @lucas_shaw, 9to5Mac, TechCrunch, AppleInsider, @lucas_shaw, MacRumors, The Verge, Engadget, App Advice, hypebot and MacStories
Kevin Rawlinson / Guardian:
BuzzFeed Editor In Chief Ben Smith apologizes for deleting two posts, now reinstated, and denies that deletions were due to advertising pressure — BuzzFeed denies deleting critical articles to appease advertisers — Editor-in-chief Ben Smith apologises to staff for 'acting without respect …
Discussion:
New York Times, Capital New York, AdAge, @mathewi, @tcarmody, @pkafka, @pareene, @anneclairecnn, @poniewozik, @rbilton, @pareene, Poynter, Slate and @jo_tovey
RELATED:
Michelle Castillo / Adweek:
BuzzFeed editor Ben Smith says Dove post removed to avoid “Hot Takes”; earlier post on Monopoly, a Buzzfeed partner, likely removed for same reason — After Removing Article Critical of Dove, BuzzFeed Says It Wants to Avoid Publishing ‘Hot Takes’
Discussion:
@buzzfeedben, Jezebel, Gawker, Mashable, The Wrap, Gawker, CNNMoney, Politico, @palafo, @antderosa, @digiphile, @antderosa, @mims, @digiphile, @palafo, @palafo, @amonck, @sdkstl, The Atlantic Online, TechCrunch, @digiphile, @profjeffjarvis, @rafat, @digiphile, @palafo, @digiphile, The Concourse, Racked, Guido Fawkes, @blippoblappo, The Huffington Post, @thestalwart, Slate, @buzzfeedben, @jo_tovey, Slate, Poynter, @peston and Gawker
Michael Calderone / The Huffington Post:
As 2016 election nears, tensions between Bloomberg's New York and Washington political staffs become more apparent — Bloomberg Searches For ‘Seamless’ 2016 Coverage Amid New York-D.C. Tension — NEW YORK — On Oct. 10, political journalist John Heilemann wrote his first piece for Bloomberg Politics …
Discussion:
@abeaujon, @joepompeo, @jayrosen_nyu and Talking Biz News
Charles V. Bagli / New York Times:
News Corp. and 21st Century Fox Consider Move to World Trade Center Site, Officials Say — News Corporation and 21st Century Fox, two giant media companies controlled by Rupert Murdoch, are considering building a joint headquarters in a new 88-story skyscraper at the World Trade Center …
Discussion:
TVNewser and The Real Deal New York
Electronic Frontier Foundation:
USPTO ruling invalidates key claims in infamous Personal Audio patent after EFF petition, curtailing the ability of patent trolls to threaten podcasters — EFF Busts Podcasting Patent, Invalidating Key Claims at Patent Office — San Francisco - The U.S. Patent and Trademark Office (USPTO) …
Discussion:
Techdirt, AppleInsider, Washington Post, Ars Technica, The Next Web, @leolaporte, VentureBeat and Boing Boing
Margaret Sullivan / New York Times:
Clay Shirky's advice to the New York Times: demystify the end of print, cut costs, emphasize mobile ad dollars, and get loyal readers to pay more — A ‘Darker Narrative’ of Print's Future From Clay Shirky — A column I wrote last month on the enduring importance of the printed newspaper …
Discussion:
@mikeisaac, @nightafternight, @apstamm, @darlin, @alflip, FishbowlNY, @johnmcquaid, @michaelroston, @emjbanks and @jayrosen_nyu
Lucas Shaw / Bloomberg Business:
Netflix Seeks OK for More Shares in Step Toward Split — Netflix Inc. is asking investors to approve a huge increase in the company's share authorization, a prelude to a possible stock split. — The company, the largest online subscription video service, wants to increase the shares authorized …
Discussion:
Reuters
James Rainey / Variety:
Jim Berk Out as CEO of Participant Media After Eight Years (EXCLUSIVE) — Jim Berk, CEO of Participant Media for the last eight years, announced Friday morning that he is leaving the multimedia company, with employees informed at an all-hands meeting that company founder Jeff Skoll …
Discussion:
New York Times, Hollywood Reporter, Los Angeles Times, Broadcasting & Cable and The Wrap
Peter Kafka / Re/code:
YouTube Pushes Video Owners to Join Paid Subscription Service — YouTube is getting ready to launch an ad-free subscription service. And the world's largest video site is flexing some muscle to make sure its new product is as big as possible. — YouTube is doing that with new rules …
Discussion:
@pkafka, GeekWire, SocialTimes, @waltmossberg, @digitalshields, VideoNuze Analysis, hypebot and Forbes
David Lieberman / Deadline:
CBS' Les Moonves Made $57.2M In 2014, Down 14.6% — Don't cry for CBS chief Les Moonves, but this is his lowest annual compensation since 2009. The $57.2 million package includes $3.5 million in salary, $25 million bonus, $15 million in stock awards, $10 million in option awards …
Discussion:
Bloomberg Business and Los Angeles Times
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