Top News:
Sydney Ember / New York Times:
Vox Media acquires ReCode in all-stock deal, Walt Mossberg and Kara Swisher to stay at ReCode 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, Vox Media Blog, CNNMoney, FishbowlNY, TIME, Hollywood Reporter, Variety, @petersterne, @dangillmor, @dylanbyers, @rafat, @dancow, @mmasnick, @nitashatiku, @brianstelter, @nytimesbusiness, @mikeisaac, @petersterne, @mathewi, @pkafka 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:
Gawker, VentureBeat, The Wrap, USA Today, Mashable, WWD, Guardian, Forbes, Business Insider, AdAge, The Huffington Post, @emilybell, GeekWire, E& and The Week
Nilay Patel / The Verge:
Recode'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:
The Next Web, @waltmossberg and Talking New Media
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:
WWD, Multichannel News, Home Media Magazine, Forbes, Reuters, Fortune 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
Discussion:
The Atlantic, New York Times, Business Insider, Talking Biz News, Gizmodo, Poynter, Reynolds Center, @dkthomp, AdExchanger, Fortune, Light Reading 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:
@caseynewton, Business Insider, @mdudas, @nickbelluk, The Verge, PandoDaily, @evanchill, @dannysullivan, @markmilian, 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:
Broadcasting & Cable, TVNewser, @deggans, Politico, @moisesnaim, Mediaite, BostonGlobe.com and FishbowlNY
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
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:
Poynter, The New York Observer, Fast Company, @caleweissman, Guardian, @harrymccracken, Talking Biz News and @pkafka
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, TIME 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:
Engadget and Consumerist
Henry Mance / Financial Times:
Sky commits $19.6M over three years to production hub in Milan, to compete with the likes of Netflix, create products for UK, Ireland, Italy, Germany Austria — Sky unveils Europe-wide arts push — Sky has made its first significant move to create pan-European television programming …
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