Top News:
Joshua Benton / Nieman Lab:
Circa's core ideas are compelling but it has been unable to find a large enough audience to attract additional investment — Circa, the buzzed-about mobile news app, is running out of money — Back in December, News Corp's Raju Narisetti sent in his contribution for our annual Predictions for Journalism package.
Discussion:
Business Insider, GeekWire, @jonathankoren, @jonathankoren, @jbenton, @dancow, @justinnxt, @chrisboutet, @srikardr, @wfederman, @khoi, SiliconANGLE, @kimbui, @craigmod, Wall Street Journal, @rosental and Fortune
Michelle Castillo / Adweek:
Vice teases “new channel this fall” at NewFronts presentation but gives no confirmation of A&E Networks new channel — Vice Remains Coyly Mum on ‘New Channel This Fall’ — One of the worst-kept secrets this Upfront and Digital Content NewFronts season is that Vice is expected …
Discussion:
AdAge, USA Today, @mishcastillo and @pkafka
RELATED:
Stephen Battaglio / Los Angeles Times:
A DirecTV deal is needed for A+E Networks to move forward with its new Vice cable channel
A DirecTV deal is needed for A+E Networks to move forward with its new Vice cable channel
Discussion:
Hollywood Reporter and Adweek
Deepa Seetharaman / Wall Street Journal:
Sources: Facebook offering 100% of revenue to publishers for hosted media if they sell ads, 70% if Facebook sells ads — Facebook Offers to Let Publishers Keep Revenue From Certain Ads — Publishers currently post links to content but mobile device speed frustrating users
Discussion:
@bluechoochoo, Marketing Land, @taylorbuley and @mccanner
Andy Greenberg / Wired:
After nearly 5-year hiatus, WikiLeaks relaunches its secrets submission system in beta — WIKILEAKS FINALLY BRINGS BACK ITS SUBMISSION SYSTEM FOR YOUR SECRETS — It's taken close to half a decade. But WikiLeaks is back in the business of accepting truly anonymous leaks.
Discussion:
Engadget, The Next Web, Gizmodo and The Verge
Jacob Pramuk / CNBC:
Spotify raises $350M at $8B valuation: Sources — Music streaming service Spotify raised $350 million in a new funding round, sources told CNBC. Before the recently raised cash, the company was valued at $8 billion. (Tweet this) — Goldman Sachs' institutional clients took part in the fundraising, sources added.
Discussion:
PandoDaily, RAIN News, VentureBeat, Tech News Today and Business Insider
Reuters:
Music streaming service Grooveshark shuts down to settle infringement — (Reuters) - Online music streaming service Grooveshark, admitting “very serious mistakes,” shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers sued over copyright infringement.
Discussion:
New York Times, Re/code, Mashable, Billboard, VentureBeat, Wired.co.uk, The Atlantic, Variety, CNET, Vulture, Computerworld, The Independent, The Next Web, Pitchfork and Grooveshark
Jordan Heck / Sporting News:
ESPN's NFL Draft ratings down 25 percent from last year — The NFL Draft always seems to be a bigger event year after year, but according to the television ratings, this year's draft wasn't as popular as last year's. — The first round of the draft was televised Thursday night on ESPN with a lot fewer eyeballs watching.
Discussion:
Deadline and Awful Announcing
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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
NFL secured agreements with CBS, Fox and NBC to prevent reporters from tipping draft picks in advance on social media
Discussion:
Reynolds Center, The Big Lead, @bpmoritz, @jayrosen_nyu, @steve_tornio, @agoot18, @fmanjoo, Poynter, Bleacher Report, @markberman, @bernardsimon, Forbes and @dangillmor
Shadi Rahimi / Poynter:
How AJ+ reported from Baltimore using only mobile phones — I came to AJ+, Al Jazeera's new social media and app-first unit, last summer after spending several years reporting on the revolution in Egypt. In Cairo, mobile phones were the primary method of sharing news from the street.
Discussion:
TVNewser
Shalini Ramachandran / Wall Street Journal:
Time Warner Cable and Charter Communications have held acquisition talks with Bright House — Bright House Emerges as a Player in the New Cable Drama — Comcast's failed bid for Time Warner Cable puts spotlight on Newhouse business — The collapse of Comcast Corp. 's bid to acquire …
Discussion:
New York Times, Consumerist, Salon, Hollywood Reporter, The Huffington Post, Reuters and Bloomberg Business
Sarah Anne Hughes / Washington City Paper:
Publisher of Washington City Paper, Amy Austin, leaving after 30 years at alternative weekly — Washington City Paper Publisher Departs After 30 Years — After 30 years as publisher of Washington City Paper, Amy Austin is leaving the paper. Austin announced her move in a staff meeting this afternoon.
Discussion:
@brookehatfield, @wcpsarah, @dliebelson, @eclisham, Poynter and AAN
Margaret Sullivan / New York Times:
Everything I Know About Journalism in 395 Words — On Wednesday night, I taught my last class of the semester at the Columbia Graduate School of Journalism and my last class there for the foreseeable future. (I will be teaching an opinion-writing class at the CUNY Graduate School of Journalism in the fall.)
Discussion:
@moorehn, @moorehn, FishbowlNY, @edmundlee, @hirokotabuchi, @moorehn, @moorehn and @cettedrucks
Dawn Chmielewski / Re/code:
Hong Kong's South China Morning Post Launches International Edition (Q&A) — Hong Kong's oldest English-language newspaper launched an international edition in April as it seeks to capitalize on the world's growing interest in China. — The South China Morning Post will look to expand …
Discussion:
Washington Post, E&, @dawnc331 and @recode