Top News:
Dan Primack / Fortune:
Mobile news app Circa seeking a buyer after failing to secure a new round of venture funding — Exclusive: News app Circa is seeking a buyer — Mobile news app Circa is seeking a buyer after failing to secure a new round of venture capital funding, Fortune has learned.
Discussion:
Wall Street Journal, @rosental, @davidclinchnews, @rafat, @ajs and @danprimack
Emily Bell / Columbia Journalism Review:
Publishers partnering with Google and Facebook should beware of tech companies' control over content — Google and Facebook are our frenemy. Beware. — Google, Facebook, Twitter and any other social platform you care to name would at one time have gone to the corporate stake to defend …
Richard Sandomir / New York Times:
NFL secured agreements with CBS, Fox and NBC to prevent reporters from tipping draft picks in advance on social media — Good N.F.L. Draft Show or Good Journalism? League Makes Its Choice Clear — The N.F.L. draft should feel like Christmas for Adam Schefter of ESPN …
Discussion:
Poynter, The Big Lead, Bleacher Report, @bernardsimon, @steve_tornio, @agoot18, @fmanjoo, @dangillmor, Forbes and Awful Announcing
Grooveshark:
Grooveshark ceases operations as a result of settlement with major record companies, offers apology — Today we are shutting down — Today we are shutting down Grooveshark. We started out nearly ten years ago with the goal of helping fans share and discover music.
Discussion:
VentureBeat, Variety, Re/code, Business Insider and Lifehacker
Jeremy Barr / Capital New York:
Vox Media announces it's offering its CMS, Chorus, to advertisers, partnering with agency DigitasLBi, and unveils plans for video series — Vox Media begins to monetize its ‘magical’ content platform — Chorus, Vox Media's content platform and analytics system, has long been considered …
Discussion:
AdAge, The Wrap, @raju and @jeffjarvis
Joan E. Solsman / CNET:
Hulu has 9M paid subscribers, up 50% since last year, with viewers streaming 30% more content on average — Hulu closes in on 9 million paid subscribers — The television-streaming site's members are up 50 percent since last year, CEO Mike Hopkins said, with each subscriber watching more video on average.
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Ravi Somaiya / New York Times:
New York Times Q1: $14M net loss, 47K new digital subscribers, total revenue down 1.6% to $384M — New York Times Co. Reports Loss as Print Ads Decline — The New York Times Company posted a $14 million net loss for the first quarter of 2015 as lucrative print advertising suffered a sharp drop-off.
Variety:
Variety Expands to Silicon Valley with Hire of Janko Roettgers — Variety, owned by Penske Media Corporation, announced today its first-ever editorial hire based in Silicon Valley, a recognition of the ever-increasing importance of technology in the entertainment business.
Discussion:
FishbowlNY, @joshconstine, @jank0, Medium and @awallenstein
Joseph Lichterman / Nieman Lab:
In earthquake-ravaged Nepal, the BBC is using messaging app Viber to share information and safety tips — In the aftermath of last week's earthquake that devastated Nepal, BBC News is today launching an account on the messaging app Viber to publish news, information, and tips for staying safe as the country continues to recover.
Discussion:
Poynter, Radioandmusic.com, Journalism.co.uk, E& and @ptaillandier
Gerry Smith / Bloomberg Business:
TWC Q1 misses on revenue with $5.78B, adds 30K cable subscribers, sees programming expenses climb 8.4% to $1.42B — Time Warner Cable Earnings Fall Short as Comcast Deal Ends … Time Warner Cable Inc., whose merger with Comcast Corp. was called off last week, posted first-quarter profit …
Discussion:
Wall Street Journal, New York Times, @pkafka, Reuters, Reuters, New York Times, @peterlattman, USA Today, Variety and Business Insider
Chris Welch / The Verge:
Amazon Instant Video for iOS adds ability to stream content in HD, now works over cellular — Amazon Instant Video for iOS finally lets you stream movies and TV in HD — Amazon's finally getting around to a much needed update for its Instant Video app on iOS today.
Discussion:
SlashGear, The Next Web, Tech News Today, Lifehacker, PCMag UK internet-products, Ubergizmo, TechCrunch and 9to5Mac
New York Times:
Twitter shares fall an additional 9% on disappointment with weak sales of direct response ads — Twitter Troubles Lie in Marketers' Reluctance to Buy New Kind of Ad — SAN FRANCISCO — As a company, Twitter is an adolescent — gangly, starry-eyed, growing like a weed and unpredictable.
Discussion:
Slate, stratechery, @vindugoel, @melbournecoal, Reuters, Adweek, Wall Street Journal and Boing Boing
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