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 …
Discussion:
FishbowlNY, Poynter and Talking Biz News
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.
Discussion:
Spotify Blog, Fortune, Media & Entertainment, The Verge, VentureBeat, Re/code, PC Pro, CNBC, BBC, PC Magazine, Refinery29, Billboard, Bloomberg Business, hypebot, The Verge, The Next Web and Engadget
Kara Swisher / Re/code:
TechCrunch co-editor Alexia Tsotsis leaves to study at Stanford Graduate School of Business; Matthew Panzarino to continue as editor — TechCrunch's Top Editor Tsotsis Steps Down — Alexia Tsotsis will be stepping down from her high-profile job as co-editor of TechCrunch today.
Discussion:
Gawker, TechCrunch, @panzer, @fmanjoo, @martinsfp, @caseynewton and Talking Biz News
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.
Discussion:
Deadline, Bloomberg View and Business Insider
RELATED:
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 …
Discussion:
VentureBeat, Business Insider, ZDNet, softpedia, PYMNTS.com and PandoDaily
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
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
Chelsey Dulaney / Wall Street Journal:
Viacom Raises Dividend and Reaffirms Plan to Resume Buybacks in October — Media company ‘temporarily paused’ $20 billion repurchase program in April — Viacom Inc. said Wednesday that it has boosted its quarterly dividend by 21% and reaffirmed plans to resume stock buybacks in October.
Discussion:
Broadcasting & Cable, Reuters and Hollywood Reporter
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 …
Discussion:
New York Post, Fashionista, New York Magazine, theFashionSpot and FishbowlNY
Joe Pompeo / Capital New York:
Mark Thompson on the Times' Facebook ‘experiment’ — New York Times chief executive Mark Thompson said Wednesday that the Times wouldn't be participating in Facebook's new Instant Articles program if the terms weren't “sufficiently favorable” to the company and its shareholders.
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 …
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 …