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:
NetNewsCheck Latest and Home Media Magazine
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, Reynolds Center, @dkthomp, Mashable, Poynter, AdExchanger, Fortune, Light Reading and Bloomberg Business
Georg Szalai / Hollywood Reporter:
Charter CEO “Confident” Regulators Will Approve Planned Deals, Touts Consumer Benefits — Charter Communications CEO Tom Rutledge said Tuesday he was “confident” on getting regulatory approval for its two big planned deals for Time Warner Cable and Bright House Networks.
Discussion:
@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, USA Today, VentureBeat, Guardian, Bloomberg View, The Drum, VatorNews, MediaNama, @mathewi, @stephenhall_, @kurtwagner8, Medium, The Next Web, @digiphile and @caseynewton
Carol Morello / Washington Post:
Post reporter's ‘espionage’ trial begins behind closed doors in Iran — Washington Post reporter Jason Rezaian went on trial Tuesday on espionage charges in a closed-door session held more than 10 months after he was detained, Iran's official news agency reported.
Discussion:
New York Times, CNNMoney, @nycjim, The Newspaper Guild, Mashable, bookforum.com, Poynter and Washington Post
Chris O'Shea / FishbowlNY:
Austin-based startup Knowingly purchases Gigaom, plans to relaunch it 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
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:
Politico, Broadcasting & Cable and FishbowlNY
Lisa O'Carroll / Guardian:
NoW news editor ‘used hand signal’ to tell Andy Coulson of phone hacking — Former news editor of defunct tabloid tells court that hacking was ‘systematic’ at paper and Andy Coulson knew about it when he was editor — A former News of the World news editor has told a criminal trial …
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Montreal Gazette:
Montreal news outlets end contract of longtime foreign correspondent, Francois Bugingo, accused of fabrication — TVA Group terminates contract of reporter accused of fabrication — The Journal de Montréal, Journal de Québec, and TVA Nouvelles announced Monday that they've ended …
Discussion:
CBC News and Canada - The Huffington Post
William Turvill / Press Gazette:
Hugh Grant, Liz Hurley and Jemima Khan among 98 confirmed legal claims against Mirror titles in wake of hacking scandal — Mirror Group Newspapers has now been sued by nearly 100 actors, sports stars and other individuals in the High Court in the wake of the hacking scandal at the titles.
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