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4:45 PM ET, June 1, 2015

Mediagazer

 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
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 …
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
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.
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.
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.
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.
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
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 …
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.
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.
Sasha Goldstein / New York Daily News:
American journalist Casey Coombs released from captivity in Yemen  —  An American journalist held by Yemeni rebels has been released from captivity and is en route to Oman.  —  Casey Coombs had been held by Houthi rebels in the country for an unknown amount of time before his release, the State Department said Monday.
Alexandra Steigrad / WWD:
Bloomberg Relaunches Pursuits Magazine  —  When Emma Rosenblum was promoted to editor in chief of Bloomberg Pursuits in January, she told WWD that she wanted to make the magazine “aspirational without being lame.”  —  From a glass conference room in Bloomberg's New York headquarters …
Discussion: Media Wire Daily and FishbowlNY, Thanks:@amandabcowie
 
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 More News: 
Matt Donnelly / The Wrap:
PopSugar launches PopSugar Latina, blog vertical aimed at Latina millennials
Mark Joyella / TVNewser:
Charlie Rose to Receive 2015 Cronkite Award
Discussion: Broadcasting & Cable
Alison Flood / Guardian:
Novelist says she was wrong to oppose Charlie Hebdo PEN award
Todd Spangler / Variety:
Dish's Sling TV Taps Digital Entrepreneur Ben Weinberger as Chief Product Officer
Mike Masnick / Techdirt:
Judge Orders Newspaper To Delete Article, Newspaper Reminds Judge That It's In The US And The 1st Amendment Exists
 Earlier Picks: 
Roy Greenslade / Guardian:
RTE, The Irish Times to challenge O'Brien injunction in court on Tuesday
Discussion: The Irish Times
Jeff Pooley / Culture Digitally:
Media research needs faster academic publishing methods because system now fails to keep up with changes
Discussion: @rybesh
Adrian Pope / PIAS:
How severe caps on Spotify's free tier in Spain, imposed at the behest of some rights-holders, choked revenue growth for an independent label
Deborah Netburn / Los Angeles Times:
Ken Layne gave up blogging and founded Desert Oracle, a quarterly print magazine where he is the writer, editor, designer, ad salesman, and more
 

 
From Techmeme:

Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company

Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board

Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since it relaunched this month
 
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