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:
@chrisboutet and @justinnxt
RELATED:
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:
GeekWire, @khoi, @chrisboutet, TheBadPrince, SiliconANGLE, @eringriffith, Poynter, @kimbui, @rafat, Wall Street Journal, @danprimack, @craigmod, @adamlashinsky, @davidclinchnews, @ajs, @margarita, @mikeisaac, @harrymccracken, @rosental and @bronwen
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, The Atlantic, Mashable, Variety, VentureBeat, Billboard, The Next Web, Wired.co.uk, Computerworld, CNET, Vulture, The Independent, Grooveshark and Pitchfork
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, Reuters, Hollywood Reporter and The Huffington Post
RELATED:
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:
RAIN News, VentureBeat and Business Insider
Mark Sweney / Guardian:
BBC Jimmy Savile abuse report delayed at police request — Metropolitan police says publication of Dame Janet Smith's report could prejudice ongoing investigations — The BBC has decided to delay publication of the report into sexual abuse at the corporation after police said it could prejudice ongoing investigations.
Discussion:
Yorkshire Post and BBC
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:
The Big Lead, Poynter, Reynolds Center, @jayrosen_nyu, @steve_tornio, @agoot18, @bpmoritz, @fmanjoo, The Big Lead, @markberman, Bleacher Report, @bernardsimon, @dangillmor and Forbes
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, @dawnc331 and @recode
Dominic White / Sydney Morning Herald:
HuffPost Australia hires Tory Maguire as first editor-in-chief — HuffPost Australia, a joint venture between The Huffington Post and Fairfax Media, has appointed News Corp journalist Tory Maguire as its first editor-in-chief. — The news and opinion website is due to launch …
Discussion:
Guardian, @ariannahuff and mUmBRELLA
Stan Alcorn / Marketplace.org:
Latest episodes of the top 100 iTunes podcasts: 186 ads total, no ads on one-third, many ads have coupon codes making it easy to measure return on investment — Inside the weird world of podcast advertising — The most listened-to podcasts come mostly from public radio: Serial, Invisibilia, This American Life.
Emmet McDermott / Hollywood Reporter:
Tidal's Uphill Battle: Top Exec Speaks Out on “Unfair” Media and Who Really Wants It Dead — Tidal executive Vania Schlogel says the platform isn't about the rich getting richer; it's about nurturing struggling artists. She also explains the truth beyond Jay Z's tweets and tackles Apple rumors head on …
Discussion:
Rolling Stone
Stephen Battaglio / Los Angeles Times:
A&E Networks still needs carriage deal with DirectTV in order to launch Vice channel on TV — New Vice cable channel needs to clear DirecTV — A+E Networks is ready to move forward its new Vice cable channel, but it still needs to make a deal with satellite video provider DirecTV to carry it.
Discussion:
Adweek
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