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11:00 AM 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 …
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 …
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.
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 …
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 …
RELATED:
Lisa O'Carroll / Guardian:   Police source leaked Milly Dowler messages, NoW reporter tells court
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 …
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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 More News: 
Mike Shields / Wall Street Journal:
How Spotify plans to apply to video what it's learned with music
Lee Fang / The Intercept:
Media Executives Are Salivating Over Big Money Flooding the 2016 Election Cycle
Angelique Chrisafis / Guardian:
Charlie Hebdo struggles with aftermath of attacks
 Earlier Picks: 
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
Agence France-Presse:
Sudan seizes print runs of nine newspapers in media crackdown
 

 
From Techmeme:

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M
 
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