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1:15 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  —  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 …
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 …
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.
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 …
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 and FishbowlNY
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 …
Hilary Lewis / Hollywood Reporter:
The Voice contestant Ben Taub used his winnings to fund reporting for New Yorker cover story on ISIS  —  ‘The Voice’ Contestant Used Show Money to Fund ISIS Reporting  —  Third-season Voice contestant Ben Taub is now the author of a New Yorker cover story that about European teenagers joining ISIS.
Discussion: New Yorker
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: 
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
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
Arif Durrani / MediaWeek:
Managing director Paul Hayes to leave News UK after 15 years
 

 
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

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Kevin Roose / New York Times:
A look at Amazon's revamped drone delivery program near Phoenix, Arizona, where the company's new MK-30 drones deliver dozens of packages a day to customers
 
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