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3:40 PM ET, May 26, 2015

Mediagazer

 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 …
RELATED:
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 …
Zachary M. Seward / Quartz:
Charter is buying TWC and Bright House Networks to gain edge in high-margin internet services, as TV business declines
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 …
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 …
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.
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 …
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: Fortune and @williamalden
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 …
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
Thomas Erdbrink / New York Times:
American Journalist Jason Rezaian Goes on Trial in Iran  —  Jason Rezaian, a Washington Post correspondent accused by Iran of espionage who has been imprisoned for more than 10 months, went on trial in a Tehran courtroom on Tuesday morning, state media reported.
Catherine Shu / TechCrunch:
Taiwanese news site The News Lens raises between $1-2M from investors, including ex-Washington Post editor Marcus Brauchli's investment firm, North Base Media  —  Taiwan-Based Media Startup The News Lens Raises Series A To Grow Its Global Viewership  —  The News Lens, an independent news site based …
Discussion: @500startups
 
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 More News: 
Casey Newton / The Verge:
Facebook adds critics' reviews to select restaurant pages in a pilot with seven publications including Bon Appetit, Conde Nast Traveler, and Eater
Discussion: Engadget
Lisa O'Carroll / Guardian:
NoW news editor ‘used hand signal’ to tell Andy Coulson of phone hacking
William Turvill / Press Gazette:
Hugh Grant, Liz Hurley and Jemima Khan among 98 confirmed legal claims against Mirror titles in wake of hacking scandal
Discussion: @paullewismoney
Mike Shields / Wall Street Journal:
How Spotify plans to apply to video what it's learned with music
 Earlier Picks: 
Lee Fang / The Intercept:
Media Executives Are Salivating Over Big Money Flooding the 2016 Election Cycle
Discussion: @tylercreighton
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
Angelique Chrisafis / Guardian:
Charlie Hebdo struggles with aftermath of attacks
William Turvill / Press Gazette:
Total cost of Met Police's journalism investigations rises £4m in eight months to £37.4m
 

 
From Techmeme:

Scott Stein / CNET:
Meta opens up its VR OS called Horizon OS to third parties and says Asus and Lenovo are both planning Meta Horizon OS-compatible headsets

James Rundle / Wall Street Journal:
Source: UnitedHealth's Change Healthcare was compromised on February 12, nine days before the ransomware attack; the company paid a ransom to the hackers

Annie Palmer / CNBC:
Amazon ends drone deliveries in Lockeford, California, which began in 2022, and plans to expand them to Tolleson, Arizona, in 2024 and other US regions in 2025
 
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