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 …
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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, Fortune, Multichannel News, Broadcasting & Cable and Reuters
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, Gizmodo, New York Times, Reynolds Center, @dkthomp, Talking Biz News, Poynter, AdExchanger, Fortune, Mashable and Bloomberg Business
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, @evanchill, Business Insider, @caseynewton, @mdudas, @nickbelluk, The Verge, PandoDaily, @dannysullivan, @markmilian 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, @deggans, Politico, @moisesnaim, BostonGlobe.com and FishbowlNY
Frédéric Filloux / Monday Note:
Ad blocking keeps rising, leaving publishers few options unless they change relationships with readers — Ad Blocks' Doomsday Scenarios — On the ad blocking front, the situation keeps getting worse. Until now, the media industry pretended to ignore the problem, perhaps waiting for a miracle cure.
Discussion:
@charlesarthur, @charlescmann, @chartier and @jayrosen_nyu
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:
E&, The New York Observer, Fast Company, Guardian, @caleweissman, @harrymccracken, Talking Biz News and @pkafka
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, MinOnline, Media Wire Daily, FishbowlNY and @anthony_dibona
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
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 — Facebook begins adding critics' reviews to restaurant pages — Two weeks after starting to host news articles on its servers …
Discussion:
Consumerist and Engadget
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, Salon, Mediaite, Re/code, Politico, PandoDaily, @hunterw, @wesleylowery, @romenesko, @popehat, @digiphile, @adamsteinbaugh, @blakehounshell, KQED News, @digiphile and The Wrap
Martha Mercer / The Daily Beast:
A look at the Brazilian town of Padre Paraiso, its increasing theft and violence, and the beheading of journalist Evany José Metzker there — In a Small Town in Brazil, a Journalist Is Beheaded — Evany José Metzker just wanted to tell the true stories of people in his part of rural Brazil …
Discussion:
@marthmerc
Josh Lowensohn / The Verge:
Inside the labs where Netflix tests the latest TVs for its Recommended TV program — Inside the labs where Netflix is trying to make televisions suck less — In a nondescript room in the center of Netflix's headquarters, you can walk into a small, paper white chamber called the Shu.
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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