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
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Stephen Battaglio / Los Angeles Times:
A DirecTV deal is needed for A+E Networks to move forward with its new Vice cable channel
Discussion:
WWD, 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:
@yoreekoh, @bluechoochoo, Marketing Land, @taylorbuley, @jbenton 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, VentureBeat, Tech News Today, RAIN News 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, The Atlantic, Wired.co.uk, VentureBeat, Variety, CNET, Vulture, Computerworld, The Independent, The Next Web, Pitchfork and Grooveshark
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
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
Discussion:
Reynolds Center, The Big Lead, @jayrosen_nyu, @bpmoritz, @steve_tornio, @agoot18, @fmanjoo, Poynter, Bleacher Report, @markberman, @bernardsimon, Forbes and @dangillmor
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
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
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
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