Top News:
Georg Szalai / Hollywood Reporter:
Charter to acquire Time Warner Cable for $55B in cash and stock, including debt, values TWC at $78.7B; buys Bright House for $10.4B — It's Official: Charter to Acquire Time Warner Cable in Deal Valued at $78.7 Billion — Charter Communications, in which John Malone's Liberty Media owns a big stake …
Discussion:
New York Times, CNNMoney, Bloomberg Business, Thomson IR, Wall Street Journal, Washington Post, CNBC, Los Angeles Times, The Next Web and Boing Boing
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Brian Steinberg / Variety:
TWC stock rises 4.33% following Charter bid, Charter shares dip slightly — Time Warner Cable Stock Soars On Charter Bid — Shares of Time Warner Cable rose noticeably in early trading Tuesday in the wake of an announcement that the New York company had agreed to be purchased …
Discussion:
Forbes, Home Media Magazine, Multichannel News, Broadcasting & Cable, Reuters and Fortune
Zachary M. Seward / Quartz:
Charter is buying TWC and Bright House Networks to gain edge in high-margin internet services, as TV business declines — The charts and maps you need to understand why Charter is buying Time Warner Cable and Bright House — Charter Communications is buying Time Warner Cable for $55.1 billion …
Discussion:
The Atlantic, Business Insider, New York Times, Talking Biz News, Reynolds Center, @dkthomp, Poynter, AdExchanger, Fortune, Mashable and Bloomberg Business
Georg Szalai / Hollywood Reporter:
Charter CEO “Confident” Regulators Will Approve Planned Deals, Touts Consumer Benefits
Discussion:
Adweek, Radio & Television … and @alexjamesfitz
Brad StoneSarah Frier / Bloomberg Business:
Snapchat claims 60% of smartphone owners age 13-34 in the US as active users, says they watch 2B videos a day on the service — Evan Spiegel Reveals Plan to Turn Snapchat Into a Real Business … Evan Spiegel begins a conversation in the offices of his startup, Snapchat …
Discussion:
Mediashift, @mdudas, @markmilian, PandoDaily, @dannysullivan, @nickbelluk, Business Insider, @caseynewton, The Verge and TIME
Associated Press:
Media CEOs dominate ranks of top-paid executives — 7 photos — NEW YORK (AP) — They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league. — Six of the 10 highest-paid CEOs last year worked in the media industry …
Discussion:
TVNewser, Mediaite, Multichannel News, Politico, FishbowlNY, @deggans, @moisesnaim and BostonGlobe.com
Chris O'Shea / FishbowlNY:
Austin-based startup Knowingly purchases Gigaom assets, plans to relaunch tech site in August — Gigaom to Relaunch in August — Gigaom is getting another shot. Knowingly Corp, an Austin-based startup, has purchased the tech site that suddenly shuttered in March, and plans to relaunch it August 15.
Discussion:
The New York Observer, Fast Company, E&, Guardian, @pkafka, Talking Biz News, @caleweissman and @harrymccracken
Edmund Lee / Re/code:
AOL was approached by three bidders other than Verizon, considered selling Huffington Post, TechCrunch; CEO Armstrong gets bonus of about $59M for making deal — AOL Was Approached by Three Other Bidders After Verizon — AOL was approached by three other companies for a possible acquisition …
Discussion:
@williamalden
Time Inc:
Time Inc. Acquires FanSided, A Sports, Entertainment and Lifestyle Digital Network — Time Inc. Chairman and CEO, Joe Ripp said, “The FanSided business is an investment in a modern content strategy plus deeply engaged and passionate audiences. The entrepreneurial and agile FanSided leadership team …
Discussion:
FanSided, Media Wire Daily, FishbowlNY and @anthony_dibona
Kara Swisher / Re/code:
Sources: Twitter has held talks to acquire Flipboard in an all-stock deal valued at over $1B, but talks are now stalled — Twitter Has Held Talks to Acquire Flipboard — Twitter has been engaged in an ongoing series of talks to acquire Flipboard, according to multiple sources with knowledge …
Discussion:
Business Insider, VentureBeat, Ink, Bits, & Pixels, Mashable, Fortune, USA Today, Guardian, Bloomberg View, The Drum, VatorNews, @stephenhall_, @mathewi, MediaNama, Medium, @kurtwagner8, The Next Web, @digiphile and @caseynewton
Eriq Gardner / Hollywood Reporter:
Fox News Gets Support From CNN, NBC and CBS in Lawsuit Against TVEyes — An important copyright dispute breeds strange bedfellows as a couple of TVEyes' own customers decide to argue the limitations of fair use. — How important is the bottom line for TV broadcasters?
Discussion:
@eriqgardner
Jason Abbruzzese / Mashable:
Twitter cracks down on infamous conservative troll Chuck Johnson — Twitter has used new rules about violent threats to crack down on an infamous conservative troll. — Twitter suspended the account of Charles C. Johnson on Sunday after he posted that he had begun to solicit donations that would go toward …
Discussion:
Washington Post, Politico, Re/code, @hunterw, @wesleylowery, @romenesko, @popehat, @digiphile, @adamsteinbaugh, @blakehounshell, KQED News, @digiphile and The Wrap
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