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 …
Discussion:
Home Media Magazine, Multichannel News, Forbes and Broadcasting & Cable
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:
New York Times, Talking Biz News, Reynolds Center, @dkthomp, Mashable, Poynter, AdExchanger, Fortune and Bloomberg Business
Georg Szalai / Hollywood Reporter:
Charter CEO “Confident” Regulators Will Approve Planned Deals, Touts Consumer Benefits
Discussion:
Adweek and @alexjamesfitz
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, USA Today, Fortune, Bloomberg View, The Drum, Guardian, VatorNews, @stephenhall_, @mathewi, MediaNama, Medium, @kurtwagner8, The Next Web, @digiphile and @caseynewton
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, Guardian, Talking Biz News, @harrymccracken, Poynter and @caleweissman
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:
Mediaite, Politico, TVNewser, Broadcasting & Cable, FishbowlNY, BostonGlobe.com, @deggans and @moisesnaim
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 …
Discussion:
Business Insider, PandoDaily, @dannysullivan, @nickbelluk, @caseynewton, The Verge and TIME
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.
Discussion:
CNNMoney, Washington Post, @mlcalderone, @rickgladstone, reported.ly, The Newspaper Guild, @nycjim, Mashable, bookforum.com, Poynter and Washington Post
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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