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. …
Discussion:
New York Times, The Atlantic Online, TechCrunch, Wall Street Journal, Forbes, Home Media Magazine, TVNewser, Forbes, The Verge, AdAge, Variety, CNNMoney, USA Today, Multichannel News, The Wrap, corporate.comcast.com, Bloomberg Business, ReadWrite, Mediaite, @richbtig, @jbflint, @brianstelter, The Huffington Post, Washington Post, Techdirt, Politico, SSN Insider, Engadget, Financial Times, Associated Press, BuzzFeed, National Journal, Re/code, Business Insider, The Hill, AppleInsider, Deadline, VentureBeat, Gothamist, @cnbcnow, Guardian, Pocket-lint, Mashable, Motherboard, @molly_knight, @dangillmor, Electronista, Light Reading, GeekWire, BGR, Talking New Media, The Week and Media Law Prof Blog
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Erin Griffith / Fortune:
Comcast held acquisition talks with Vox Media, but deal fizzled within the last month — Will Comcast go on a post-Time Warner Cable buying spree? — Comcast recently held acquisition talks with digital publisher Vox Media, Fortune has learned. The potential deal fizzled out within the last month.
Discussion:
@rafat, @matthewmspace, @zseward and @dangillmor
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.”
Discussion:
@cwarzel, @losowsky, @mikeisaac, @jjhenning, @dlboardman, @scottros and @romenesko
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Felix Salmon / Fusion:
Building a career in digital journalism still requires old-fashioned subject-matter expertise
Building a career in digital journalism still requires old-fashioned subject-matter expertise
Discussion:
Bloomberg View, @jim_newell, @mikeisaac, @taylor_owen, @jackshafer, @siegel, @tomgara, @mikeisaac, @sulliview, @silvermanjacob, @caseyjohnston, @jbarro, @aubernalevy, @tylrfishr, @erikhinton, @sarahfkessler and @derekwillis
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 …
Discussion:
Forbes, TechCrunch, Forbes, VentureBeat, Reuters, CNBC, Tech Trader Daily, ZDNet and Business Insider
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.
Discussion:
New York Times, Fast Company, AdAge, Forbes, Facebook, CNBC, Reuters, TechCrunch, SocialTimes, .rising, Benzinga, The Next Web, TechCrunch, The Wrap and VentureBeat
Jim Tankersley / Washington Post:
Why the PR industry is sucking up Pulitzer winners — The number of news reporters in the Washington, D.C., area nearly doubled over the last decade, from 1,450 to 2,760. In Los Angeles it grew by 20 percent. In New York City, it basically stayed flat. Outside of those cities …
Discussion:
Poynter, The Local News Lab, @tinyrevolution and News+Opinion …
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:
@raju, IAB.net, MinOnline and Marketing Land
RELATED:
Minda Smiley / The Drum:
US internet ad revenues reached an all-time high of $49.5bn last year
US internet ad revenues reached an all-time high of $49.5bn last year
Discussion:
IAB
Scott Moritz / Bloomberg Business:
Disney Blocks Verizon Custom TV Ads in ‘Skinny Bundle’ Dispute — Walt Disney Co. has pulled television ads for Verizon Communications Inc.'s Custom TV from its networks after saying that the new TV-package service violates contract agreements. — Verizon was notified by e-mail Wednesday …
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
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.
Discussion:
JIMROMENESKO.COM, FishbowlNY, @harrisj, @derekwillis, @ofadam, @donohoe, @nytnickc, @derekwillis, @mathewi, @tessamuggeridge and @emilybell
Committee to Protect Journalists:
Libyan journalist shot dead in Benghazi TV office — The Committee to Protect Journalists condemns the murder of a Libyan television journalist in the eastern city of Benghazi on Wednesday. Muftah al-Qatrani, 33, was shot dead in his office at Al-Anwar, the privately owned television production company …
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 …
Discussion:
Hulu Blog, Variety, Multichannel News, Adweek, Polygon and Tech Times
Sarah Perez / TechCrunch:
Cablevision Debuts “Cord Cutter” Packages Combining Broadband, Free Antennas, And Optional HBO NOW — Cablevision made headlines as the first pay-TV provider to offer HBO's new standalone service HBO NOW to its broadband customers, and today the cable company is again targeting cord cutters …
Discussion:
Wall Street Journal, Broadcasting & Cable, Washington Post, Variety, Tom's Guide and FierceCable