Top News:
Jack Smith IV / The New York Observer:
Daily Dot confirms funding round; sources say it raised about $10M from another media company — The Daily Dot's Island of Misfit Reporters Raises Over $10 Million — The Internet's own hometown newspaper has grown rapidly to become NYC media's best-kept secret
Discussion:
@adampopescu, @_austinpowell, @lemonsand, @marisakabas, @digiphile, @nero, @robaeprice, @novaspivack, @joelcifer, @film_girl, @moneyries, @jayrosen_nyu, @sfiegerman, @_cooper, @selenalarson, @ejdickson, @lainnafader, @summeranne, @antderosa, @jacksmithiv, @kevinroose, @williamturton and @adariostrange
RELATED:
CNBC:
Twitter shares close down 18% on Q1 revenue of $436M that missed expectations, and weak forecast — Twitter closes 18% lower on disappointing report — Twitter's earnings came out early, and the stock halted for trading. CNBC's Mary Thompson reports on the first trade as the stock resumed trading.
Discussion:
Bloomberg Business, Business Insider, Forbes, TechCrunch, Multichannel News, USA Today, CNET, VentureBeat, @martinbeck, Globe and Mail, Mashable, Washington Post, @selerity, Re/code, The Verge and @jguynn
RELATED:
Josh Constine / TechCrunch:
Twitter Improves Ads By Acquiring TellApart, Selling Them Through Google's DoubleClick
Twitter Improves Ads By Acquiring TellApart, Selling Them Through Google's DoubleClick
Discussion:
DoubleClick Advertiser, The Twitter Blog, The Twitter Blog, TellApart and Adweek
Lucia Moses / Digiday:
WSJ now has a 40-person video team cranking out over 150 videos a month — The Wall Street Journal is zealous about protecting its paywall, and with good reason — circulation revenue contributes nearly half of its total revenue, fueled by more than 900,000 digital subscribers.
Discussion:
@raju, Forbes, @jackmarshall and E&
Lukas I. Alpert / Wall Street Journal:
Q&A with Vox CEO Jim Bankoff on the VC money deluge, social networks as friend or foe, branded content, competition with clickbait, and more — Vox CEO Speaks to the Third Phase of Web Media — Strong brands with authority will outlast ‘clickbait’ as ad spending shifts online
Anthony Ha / TechCrunch:
Mode, formerly Glam, now allows readers to curate a personalized content feed — Mode Media Combines Its Websites Under A New Social News App — The digital media company formerly known as Glam is launching a new product today for finding curated stories in topics like entertainment, food and fashion.
Discussion:
Adweek and Broadcasting & Cable
David Lieberman / Deadline:
Maker Studios Will Develop Online Videos With Marvel And Other Disney Units — Like other digital video providers, Maker Studios is using its NewFront presentation in New York this morning to introduce new shows. But the short-form content specialist is especially eager to highlight its alliances …
Discussion:
The Wrap, Broadcasting & Cable, CNET and Variety
RELATED:
Tim Peterson / AdAge:
YouTube to roll out several films over next two years with AwesomenessTV, will premiere globally on YouTube
YouTube to roll out several films over next two years with AwesomenessTV, will premiere globally on YouTube
Discussion:
Tubefilter
Todd Spangler / Variety:
YouTube to Fund Smosh, Fine Bros., AwesomenessTV Original Content
YouTube to Fund Smosh, Fine Bros., AwesomenessTV Original Content
Discussion:
Re/code, Bloomberg Business, Pocket-lint and VideoInk
Darren Fishell / Bangor Daily News:
Reade Brower and Chris Miles acquire MaineToday Media and its subsidiaries including Portland Press — Press Herald papers purchased by midcoast businessman Reade Brower — PORTLAND, Maine — Midcoast businessman Reade Brower has reached a deal to purchase MaineToday Media …
Discussion:
@marypols and @mattderienzo
Michael Rosenwald / Columbia Journalism Review:
New book reveals that New Yorker writer Joseph Mitchell fabricated characters — 'I wish this guy hadn't written this book' — Header photo via Wikimedia. Book cover image courtesy Penguin Random House. — About halfway through Thomas Kunkel's remarkable new biography of Joseph Mitchell a feeling of dread swept over me.
Discussion:
@rickklein, @mkonnikova, @kevin_reiss, @caleb_crain, @tomjunod, @mikerosenwald and @ennisnyt
Michael Sebastian / AdAge:
After just six months, Nina Lawrence is out as publisher of Time Inc.'s InStyle — Nina Lawrence Is Out as Publisher of InStyle — Time Inc. has let InStyle Publisher Nina Lawrence go less than six months after the company hired her, a Time Inc. spokeswoman confirmed.
Discussion:
FishbowlNY, Media Wire Daily and WWD
Jo Glanville / The Bookseller:
English PEN director Jo Glanville defends decision to give award to Charlie Hebdo — The Charlie Hebdo principle — The distaste of eminent writers such as Peter Carey at PEN American Center's decision to honour Charlie Hebdo at its gala next month, highlights once again the fundamental inconsistency …
Discussion:
@tomgara
RELATED:
Eriq Gardner / Hollywood Reporter:
Hollywood Studios Win Landmark Court Victory Blocking Popcorn Time Sites — A High Court Justice in England makes a decision to cut off access even after finding problems with MPAA member arguments. — On Tuesday, the Motion Picture Association of America and its members won a big ruling …
Discussion:
TorrentFreak
Lucia Moses / Digiday:
Time Inc. CTO Colin Bodell betting on technology to jumpstart growth across all titles — The Amazon vet who is bringing order to Time Inc.'s tech sprawl — Traditional publishers like to talk about the trust they've built up with readers and advertisers over time.
Discussion:
Media Wire Daily
Chris Ariens / TVNewser:
Two AJAM Executives Resign Following Ex-Employee Lawsuit — Breaking: Following the filing of a lawsuit by a former employee today, Al Jazeera America's executive vice president of human resources Diana Lee and the executive vice president of communications, Dawn Bridges, have both resigned.
Discussion:
TVNewser, Washington Post, @erikwemple and New York Post
Joseph Lichterman / Nieman Lab:
As part of international expansion, BuzzFeed will be in six new locations by end of 2015 — Here's how BuzzFeed is thinking about its international growth — Last week, BuzzFeed launched in its seventh international country: Mexico. … The viral juggernaut opened its first site outside …
Chris Welch / The Verge:
NBC Sports Live Extra app now available for Apple TV and Roku, will require cable subscription to watch — NBC Sports launches on Apple TV, but cable is required for live streams — NBC Sports Live Extra is the newest “channel” available on Apple TV, and it promises to deliver over 3,000 live streams to viewers each year.
Discussion:
NBC Sports Pressbox, Awful Announcing, 9to5Mac, NBC Sports Pressbox, AppleInsider, Engadget and The Official Roku Blog
Natalie Jarvey / Hollywood Reporter:
At NewFronts, Yahoo announces 14 new shortform series, added to its digital magazines — NewFronts: Yahoo Extends Live Nation Deal, Adds 14 Digital Series — Yahoo revamped its video strategy ahead of the 2014 NewFronts, now the tech giant is back when a number of pickups that signify it is doubling down on that plan.