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
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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
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
Discussion:
Tubefilter
Todd Spangler / Variety:
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.
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