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2:10 PM ET, May 20, 2015

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 Top News: 
Joe Pompeo / Capital New York:
Wall Street Journal and Dow Jones Newswires offering buyouts amid “serious realignment” of staffing  —  Journal offering buyouts amid ‘serious realignment’ in newsroom  —  Buyouts are underway in The Wall Street Journal newsroom, Capital has learned, signaling a shift in resources …
Bloomberg Business:
Time Warner Cable Said to Get Takeover Approach From Altice  —  Time Warner Cable Inc., whose merger with Comcast Corp. was called off last month, has received a takeover approach from French billionaire Patrick Drahi's Altice SA, a person with knowledge of the matter said.
RELATED:
Associated Press:
Altice to buy US cable operator Suddenlink for $9.1 billion
Tugboat:
Facebook acquires Tugboat Yards, an audience management platform for small to medium publishers; team to join Facebook product group and work on news, video  —  Joining Facebook  —  Joining Facebook  —  It is with lots of excitement and a dash of melancholy that we announce that Tugboat …
Jordan Crook / TechCrunch:
Spotify announces new version with podcasts, video, and playlists tailored for listener's day  —  Spotify Introduces Video Clips, Podcasts, And Activity-Based Playlists  —  Spotify has just unveiled the newest version of the product at a media event here in New York City.
Joseph Lichterman / Nieman Lab:
Listicles, aggregation, and content gone viral: How 1800s newspapers prefigured today's Internet  —  “If you think BuzzFeed invented the listicle, you haven't spent enough time with 19th-century newspapers, because they're everywhere.”  —  That's Ryan Cordell, a Northeastern University professor …
Discussion: @davewiner, @dubois and @alanoakley3
Emma Bazilian / Adweek:
Lucky magazine reduces publication to quarterly, lays off another 10 staff, including president Gillian Gorman Round  —  Lucky Magazine Goes Quarterly  —  Reports of Lucky magazine going all-digital have been a staple of the media rumor mill for several years, with WWD reporting just last month …
Talya Minsberg / New York Times:
How the New York Times is using Snapchat to cover stories like a gala at the Met  —  Snapchat: A New Mobile Challenge for Storytelling  —  Talya Minsberg is a social editor for The Times.  —  In early 2015, The New York Times started quietly experimenting on Snapchat …
Claire Wardle / BBC Academy:
Researchers analyze newsroom use of media from eyewitnesses, find lack of standard practices, conclude newsrooms are risking reputational damage  —  Eyewitness media and news: It's still a Wild West out there  —  is research director at the Tow Center @cward1e
Tony Maglio / The Wrap:
Entertainment Weekly Shakeup: Ellie Duque Replaces Melissa Mattiace as Publisher  —  Entertainment Weekly publisher Melissa Mattiace has stepped down and will be replaced by the publication's west coast advertising director Ellie Duque.  —  In her new role, Duque will be responsible for leading …
Steven Zeitchik / Los Angeles Times:
Digital companies like Netflix and Oculus begin to make inroads at Cannes, the most traditional festival in the film industry  —  Digital upstarts upend tradition at Cannes Film Festival  —  The market at the Cannes Film Festival, where international movie rights are bought and sold …
 
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 More News: 
Ilaria Maria Sala / Guardian:
Independent journalists to launch crowdfunded English-language newspaper Hong Kong Free Press in June
Joe Pompeo / Capital New York:
Mark Thompson on the Times' Facebook ‘experiment’
Dominic Ponsford / Press Gazette:
Publishers face threat of punitive libel costs as rival regulator IMPRESS seeks official recognition
Discussion: @markhannamedia and Guardian
Emily Steel / New York Times:
Charter and Bright House Pursuing Merger Even After Comcast's Failed Deal
Chris Krewson / Medium:
How Philadelphia's local news site Billy Penn covered the crash of Amtrak 188
Discussion: Billy Penn
Julia Greenberg / Wired:
Netflix shares hit record $628.50 following Wall Street reports calling the company undervalued
Discussion: Deadline
 Earlier Picks: 
Nick Vivarelli / Variety:
Conde Nast and Italy's RAI Cinema partner and launch “CNLive!”, a web channel in Italy serving primarily as a promotional vehicle for RAI's movies
Ken Doctor / Capital New York:
New York Times C.I.O. Marc Frons to leave the company
Discussion: @pmaiorana and @marcfrons
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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