Top News:
Alyson Shontell / Business Insider:
Sources: Re/code valued at $15-20M in Vox deal, which was based on Vox's November valuation of $380M; Re/code was projected to make $12M this year — Why Re/code, an 18-month-old tech news startup, really sold to Vox — even though it was generating $12 million
Discussion:
USA Today, @nichcarlson, @readdanwrite, @rafat, @nichcarlson, @neilcybart, @fmanjoo, @nereidadin and @davidfolkenflik
Mark Sweney / Guardian:
Global newspaper readership falls more than 25% in four years — ZenithOptimedia report finds print remains popular in UK as internet boosts media consumption worldwide — The average amount of time spent reading newspapers fell more than 25% globally from 2010 to 2014 …
Discussion:
Quartz, Fortune, ZenithOptimedia and @johnrobinson
Benjamin Mullin / Poynter:
New York Times, Washington Post, and Mozilla launch The Coral Project, an initiative to help form communities of commenters — The Coral Project aims to help commenters become communities — Earlier this year, a group of Washington Post readers decided to meet up because of something they'd read online.
Discussion:
@jskstanford, @alexlaughs and @poynter
Wall Street Journal:
Apple expected to announce $10 a month music streaming service at WWDC, will offer curated channels, in talks with Q-Tip, Drake, and Dr. Dre to host — Apple to Take On Spotify With New Streaming Services — Music subscription to cost $10 a month; augmented Internet radio will have DJs
Discussion:
The Wrap, TechCrunch, Re/code, Variety, 9to5Mac, PhoneDog.com, MacRumors and The Verge
Natalie Jarvey / Hollywood Reporter:
Mashable Taps Reality TV Veteran to Head Video Division — In yet another example of an editorial company turning to the potentially lucrative branded video business, Mashable has tapped a reality television veteran to heads its new Mashable Studios division.
Discussion:
PRWeb, FishbowlNY, @niemanlab and Capital New York
Ryan Lawler / TechCrunch:
Netflix Tests Teasers For Original Programming, But Has No Plans To Run Third-Party Ads — Streaming TV provider Netflix has always shied away from advertising, preferring instead to make money from a monthly subscription it charges users to gain access to its content.
Discussion:
Motherboard, Cord Cutters News, Mashable, /Film, Home Media Magazine, Consumerist, Business Insider, BGR, Engadget and @dangillmor
Paul Farhi / Washington Post:
Clinton campaign reporters complain that press pool organizers are restricting information, delaying copy — On the trail of Hillary Clinton, not everyone is allowed to jump into the press pool — When it comes to covering Hillary Rodham Clinton, some campaign reporters are feeling less equal than others.
Discussion:
The Huffington Post, Mediaite, @jayrosen_nyu, @marklittlenews and Fortune
Quartz:
Quartz Africa goes live — Welcome to Quartz Africa. — We're excited to be building out a team of journalists in the region to better serve our readers in Africa and business professionals around the world. Since the launch of Quartz in 2012, we have focused on seismic changes to the new global economy.
Discussion:
One Man & His Blog, @kevinjdelaney, @dikshamadhok, @katelaurielee, @qzafrica and Media Wire Daily
Chris O'Shea / FishbowlNY:
Dow Jones Cuts More Than 40 Staffers — Dow Jones has cut staffers in its Professional Information Business and circulation department. According to a union memo about the layoffs, there were also unconfirmed reports of Baron's losing six editorial staffers.
Mario Trujillo / The Hill:
Supreme Court reverses conviction in Facebook threat case — The Supreme Court on Monday reversed the conviction of a Pennsylvania man who was sentenced to nearly four years in prison for making violent threats on Facebook. — The court found members of the jury who convicted the man …
Discussion:
Fortune, Law, Hollywood Reporter, Wall Street Journal, Politico, BuzzFeed, USA Today, CNN, Associated Press, The Independent and TIME
Gannett Company, Inc:
Gannett acquires 11 media organizations from Digital First Media — McLEAN, VA - Gannett Co., Inc. today announced that it has completed the acquisition of the remaining 59.36% interest in the Texas-New Mexico Newspapers Partnership that it did not own from Digital First Media.
Discussion:
Poynter, York Daily Record and @jimbradysp
Hadas Gold / Politico:
Pew report: 61% of millennials got their political news from Facebook in the last week, 37% from local television — Study: Facebook main source of political news for millennials — A majority of millennials get a chunk of their news about politics and government from Facebook, a new report from Pew found.
Matt Donnelly / The Wrap:
PopSugar launches PopSugar Latina, blog vertical aimed at Latina millennials — PopSugar Launches Blog Vertical for Latina Millennials (Exclusive) — PopSugar, the heavily trafficked blog network for millennial females, rolled out a new Latina vertical on Monday.
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