Top News:
Sydney Ember / New York Times:
Vox Media acquires Re/code in all-stock deal, Walt Mossberg and Kara Swisher to stay at Re/code after merger — Vox Media Acquiring ReCode — ReCode, the news website led by the veteran journalists Walt Mossberg and Kara Swisher, is being acquired by Vox Media, a deal that reflects …
Discussion:
Washington Post, Fortune, Politico, TechCrunch, Vox Media Blog, CNNMoney, FishbowlNY, @pbump, Hollywood Reporter, Variety, @nytimesbusiness, @petersterne, @dancow, @pkafka, @rafat, @mikeisaac, @mathewi, @petersterne, @mmasnick, @dangillmor, @brianstelter, @nitashatiku, @dylanbyers and Poynter
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Re/code:
Vox Media Acquires Re/code Owner Revere Digital — We are thrilled to announce that Re/code's parent company, Revere Digital, is being wholly acquired by the highly respected digital-native media company Vox Media. This is the next big step in our mission to bring you quality tech journalism …
Discussion:
Adweek, The Wrap, Gawker, VentureBeat, USA Today, Mashable, Business Insider, WWD, @brooke, Guardian, Forbes, AdAge, The Huffington Post, GeekWire, @emilybell, E&, The Week and Daring Fireball
Nilay Patel / The Verge:
Re/code's reviews team of Katie Boehret, Bonnie Cha, and Lauren Goode to join Verge staff, Mossberg to write reviews, columns for both sites — The Verge and Recode are joining forces — I'm excited to announce that The Verge's parent company Vox Media is acquiring Recode …
Discussion:
Talking New Media, @waltmossberg and The Next Web
Ezra Klein / Vox:
Vox Media CEO Jim Bankoff explains the Re/code purchase: complementing The Verge's coverage, conference business, more — The Vox Media-Re/code deal, explained by Vox Media's CEO — On Tuesday night, Vox Media — the parent company of Vox.com — announced it was purchasing Re/code …
Discussion:
@reckless, @ezraklein and Talking Biz News
Miriam Gottfried / Wall Street Journal:
Charter's bid for Time Warner Cable is nearly nine times expected 2016 earnings and 14% more than Friday's closing price, despite industry's challenges — Charter's Time Warner Cable Bundle is No Bargain — Charter finally got the cable consolidation it was seeking with deals to buy Time Warner Cable and Bright House.
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Brian Steinberg / Variety:
TWC stock rises 4.33% following Charter bid, Charter shares dip slightly
Discussion:
Home Media Magazine, WWD, Multichannel News, Fortune, Forbes, Reuters and Broadcasting & Cable
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
Zachary M. Seward / Quartz:
Charter is buying TWC and Bright House Networks to gain edge in high-margin internet services, as TV business declines
Discussion:
New York Times, The Atlantic, Talking Biz News, Gizmodo, Business Insider, Poynter, Reynolds Center, @dkthomp, AdExchanger, Fortune and Bloomberg Business
Alyson Shontell / Business Insider:
BuzzFeed adds Nitasha Tiku to its San Francisco bureau, now grown to 17 people since Mat Honan's hire as bureau chief — BuzzFeed hires a dozen reporters in Silicon Valley, including The Verge's Nitasha Tiku, to try to break more tech news — BuzzFeed has quietly been hiring like crazy in Silicon Valley …
Discussion:
@nitashatiku and Talking Biz News
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:
TechCrunch, Re/code, Business Insider, @mdudas, The Verge, PandoDaily, @evanchill, @markmilian, @dannysullivan, @nickbelluk, @caseynewton, Mediashift and TIME
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
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, Broadcasting & Cable, Mediaite, BostonGlobe.com, @deggans, @moisesnaim, Politico and FishbowlNY
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, FishbowlNY, @anthony_dibona and Media Wire Daily
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, Talking Biz News, @pkafka, @harrymccracken and @caleweissman
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, New York Times, @williamalden and TIME
Proceedings of the Natural Institute of Science:
A statistical analysis of the characters used by cartoonists in The New Yorker — The different characters of the cartoons of The New Yorker and the cartoonists who draw them — The last two weeks, we've been analyzing all the cartoons published by The New Yorker in 2014.
Discussion:
@valaafshar and Vox
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