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5:55 PM ET, April 23, 2015

Mediagazer

 Top News: 
Alex Sherman / Bloomberg Business:
Sources: Comcast to drop proposed Time Warner Cable takeover deal after FCC staff recommends hearing; announcement as soon as Friday  —  Comcast Plans to Drop Time Warner Cable Deal  —  Comcast Corp. is planning to walk away from its proposed takeover of Time Warner Cable Inc. …
Digidave:
Felix Salmon's report on the death of journalism as a career is greatly exaggerated  —  At Perugia this year Felix Salmon gave a talk: “The end of journalism as a career?”  —  In typical fashion, anytime a headline ends in a question mark the answer is almost always “no.”
RELATED:
Felix Salmon / Fusion:
Building a career in digital journalism still requires old-fashioned subject-matter expertise  —  Is there any such thing as a career in digital journalism?  —  One of my obsessions these days is the question of whether there's any such thing as a career in digital journalism.
Greg Bensinger / Wall Street Journal:
Amazon revenue up 15% YoY to $22.72B, posts net loss of $57M after $108M profit a year ago  —  Amazon Swings to Loss Despite Jump in Sales  —  E-commerce firm's cloud computing business posts revenue of $1.57 billion  —  Amazon.com Inc. finally revealed financial details …
Todd Spangler / Variety:
Facebook Hits 4 Billion Daily Video Views in Q1; Mobile Ad Revenue Grows 80%  —  Facebook posted revenue slightly below Wall Street expectations for the first quarter of 2015, but the social giant is still seeing solid growth — especially on the mobile and video front.
Shannon Bond / Financial Times:
US mobile advertising spending jumped 76% to $12.5B in 2014, makes up 25% of total internet ad revenues  —  Mobile advertising spend in US jumps 76%  —  Mobile advertising spending in the US jumped 76 per cent to $12.5bn last year, overtaking display ads to become the second-largest online ad format …
Discussion: IAB.net, @raju, MinOnline and Marketing Land
RELATED:
Minda Smiley / The Drum:
US internet ad revenues reached an all-time high of $49.5bn last year
Discussion: IAB
Matthew Lynley / TechCrunch:
Pandora's Q1 Beats Estimates With $230.8 Million In Revenue  —  Pandora's first-quarter earnings beat Wall Street's expectations, bringing in $230.8 Million in revenue and a loss of 12 cents per share.  —  Its active listener count — while up year over year — fell quarter over quarter.
Jonathan Stempel / Reuters:
Yelp wins dismissal of lawsuit over quality of its reviews  —  (Reuters) - Yelp Inc has won the dismissal of a lawsuit that claimed it deceived shareholders by overstating the authenticity and quality of consumer reviews on its website, and thereby enabled insiders to sell company stock at inflated prices.
Discussion: Law360
Todd Spangler / Variety:
Vice, Disney, Vox, The Onion, and others partner with Facebook to develop sponsored videos  —  Facebook Lines Up 7 Branded-Content Video Partners Including Vice, Disney  —  Facebook teamed with seven media partners — including Vice Media, Disney's Oh My Disney digital division and Electus Digital …
BBC:
BBC Three's online-only move postponed until 2016 while awaiting Trust's approval of proposals  —  BBC Three move ‘delayed until 2016’  —  Plans to move BBC Three online have been delayed as the corporation waits for the BBC Trust to approve its proposals.
Jacob Harris / Medium:
A farewell note to The New York Times from Jacob Harris, a member of the interactive news team, with a 2006 story about pushing data analysis into the newsroom  —  Leaving the New York Times  —  I'm not a fan of burying the lede, so let me just get straight to the point.
Jasper Jackson / Guardian:
Channel 4 News launches 4NewsWall using animated GIFs  —  Standalone site on Tumblr, aimed at 16- to 34-year-olds, aims to recreate bulletin's ‘feisty spirit’  —  Channel 4 News has launched a “4NewsWall” displaying stories using animated GIFs.  —  The standalone site is hosted on Tumblr …
Discussion: The Drum, Wired.co.uk and Digital Spy
Sarah Perez / TechCrunch:
Hulu Scores More Exclusives With First-Ever Turner Deal  —  In its battle with Netflix and Amazon for streaming video marketshare, Hulu today announced its first-ever licensing agreement with Turner Broadcasting, which sees the streaming video service gaining exclusive subscription rights …
Michael Geist Blog:
The Great Canadian Copyright Giveaway: Why Copyright Term Extension for Sound Recordings Could Cost Consumers Millions  —  Randy Bachman, the well-known Canadian musician, found himself embroiled in a public fight with Prime Minister Stephen Harper last year when Harper used his song …
RELATED:
Ishmael N. Daro / National Post:   Canadian budget extends copyright for sound recordings and performances from 50 to 70 years; critics say move will cost the public
 
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 More News: 
Committee to Protect Journalists:
China's Great Cannon: New weapon to suppress free speech online
 Earlier Picks: 
Associated Press:
Associated Press revenue grew 1% in 2014 to $604M, its first gain in six years; 47% of revenue came from TV broadcasters
Rick Seltzer / Baltimore Business Journal:
Sinclair signs Sharyl Attkisson for Sunday morning news push
Discussion: TVNewser and PR Newswire
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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