Top News:
Ingrid Lunden / TechCrunch:
Internal memo from AOL CEO Tim Armstrong on Verizon takeover — In Big Media Push, Verizon Buys AOL For $4.4B [Memo From AOL CEO Tim Armstrong] — So this just happened. AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying the company for $4.4 billion, or $50 per share.
Discussion:
The Huffington Post, Quartz, TVNewser, Telegraph, CNBC, FishbowlNY, Home Media Magazine, Media & Entertainment, Forbes, VentureBeat, AppleInsider, @pkafka, @ingridlunden, Business Insider, Fusion, @digiphile, The Verge, FierceOnlineVideo News, @mathewi, @lukedecock, @benthompson, @tkawaja, @jeffjarvis, @palafo, @jeffjarvis, @tvnewslab, @davidramli, @mims, @anildash, @felixsalmon, @anthonyha, @mikebutcher, The Next Web and Reuters
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Verizon:
Verizon to acquire AOL at $50 per share at an estimated total value of $4.4B, Tim Armstrong to continue leading AOL operations — Verizon to Acquire AOL — Deal Creates Unique and Scaled Digital Media Platforms for Consumers, Advertisers and Partners — NEW YORK - Taking another significant step …
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Re/code, Wall Street Journal, Bloomberg Business, Vox, New York Times, The Verge, Mashable, Business Insider, VentureBeat, Associated Press, Gothamist, CNET, Hollywood Reporter, The Next Web, @jeffjarvis, @froomkin, Variety, @fmanjoo, @nichcarlson, @bbcrorycj, @alansmurray, @alansmurray, @cnbcnow, @robpegoraro, @emilybell, @buzzfeednews, TIME, Electronista, AdExchanger and www.wnyc.org
Brent Lang / Variety:
AOL Shares Surge 18% After Verizon Deal — Shares of AOL surged more than 18% in pre-market trading Tuesday after news broke that Verizon Communications is buying the digital player for $4.4 billion in cash. — AOL's stock was trading at $50.26, which is above the $50 a share that Verizon …
Discussion:
Forbes, Adweek and Broadcasting & Cable
Dennis K. Berman / Wall Street Journal:
Verizon's AOL deal reflects crumbling power of physical networks, premium value of high-quality content — Verizon-AOL: A War of All Against All — Surprising deal suggests a crumbling empire more than it shows the power of the network — When Steve Jobs released the first iPhone in June 2007 …
Justin Ellis / Nieman Lab:
Knight Foundation invests $1 million in creator-driven podcast collective Radiotopia — A little over a year ago, a group of public radio-minded podcast producers banded together with an idea: to combine their powers to grow a shared audience and develop a better business model for fledgling audio entrepreneurs.
Discussion:
@mlieber, @heychrisbarr and Poynter
Erik Wemple / Washington Post:
New questions about bin Laden's death and burial highlight lack of attribution in earlier Vanity Fair reporting — Why didn't Vanity Fair tell readers it hadn't seen bin Laden burial photos? — Investigative reporter Seymour Hersh has shaken Washington with a massive piece, titled …
Discussion:
CNN, bookforum.com, The Week, Business Insider, Wall Street Journal, @dlboardman, @cashut, @erikwemple, Politico, The Huffington Post and Slate
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BBC:
Secular blogger Ananta Bijoy Das hacked to death in Bangladesh, in third such attack this year — Bangladesh blogger Ananta Bijoy Das hacked to death — A secular blogger in Bangladesh has been hacked to death in north-eastern Bangladesh in the third such deadly attack since the start of the year, police say.
Discussion:
The Daily Star, Associated Press, ABC, Reuters, International Business Times, CNN, oneindia.com, RAPPLER, @masalabai and The Indian Express
Brian Flood / Adweek:
ESPN to announce deal with Cablevision that lets advertisers access multiscreen audience data — ESPN and Cablevision Are Set to Announce a Game-Changing Data Deal — ESPN will announce a first-of-its-kind data deal with a cable TV provider at its upfront presentation tomorrow.
Discussion:
FierceCable
Kristen Hare / Poynter:
Associated Press curates stories in book form, including current and historical news, has published 18 paperbacks and e-books since March — AP brings a new audience to stories of the distant (and not-so-distant) news — Last week for the 70th anniversary of VE Day …
Nathalie Tadena / Wall Street Journal:
Report finds Google is still the largest media owner; 136% bigger than the second-largest, Disney, up from 115% last year — Google Expands Lead as World's Largest Media Owner — It's getting harder for major media owners to catch up in size to Google , according to a new report from ZenithOptimedia.
Erik Wemple / Washington Post:
Jack Shafer ‘let go’ from Ethicist team by New York Times Magazine — The New York Times Magazine's three-person approach to its storied Ethicist column is already showing signs of wobbliness. Politico media critic Jack Shafer, one of the experts tapped for a slightly renamed version of the column …
Discussion:
New York Times, The Daily Caller and FishbowlNY
Matt Apuzzo / New York Times:
Ex-CIA officer Jeffrey Sterling sentenced to three and a half years in prison on espionage charges for leaking info to New York Times reporter James Risen — Ex-C.I.A. Officer Sentenced in Leak Case Tied to Times Reporter — ALEXANDRIA, Va. — A former Central Intelligence Agency officer …
Discussion:
The Intercept, Poynter, @dangillmor, The Daily Caller, Mediaite, Gawker, @alexburnsnyt, RT, Washington Post, @katedavidson, @jcenters and The Week
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