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 projected to generate revenues of $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, @nereidadin, @fmanjoo, @davidfolkenflik, @tomstandage, @nichcarlson, @neilcybart, @readdanwrite and @rafat
WAN-IFRA:
Global newspaper circulation revenue $92B and advertising revenue $87B in 2014, the first time circulation revenue exceeded ad revenue this century — World Press Trends: Newspaper Revenues Shift To New Sources — A profound shift in the newspaper business model, evolving for years, is finally here.
Discussion:
Poynter and World News Publishing Focus …
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Mark Sweney / Guardian:
Global newspaper readership falls more than 25% in four years
Discussion:
Fortune, Quartz, ZenithOptimedia and @johnrobinson
Cale Guthrie Weissman / Business Insider:
Sources: nearly all of Medium's sites are undergoing major upheavals; employees quiet on changes due to NDA — Medium, the publishing platform started by one of Twitter's cofounders, is gutting some of its most popular sites — Two weeks ago, publishing platform Medium …
Discussion:
@nedraggett, @biocuriosity, @athertonkd, @sterlewine, @benmullin and @tomkrazit
Pew Research Center:
Millennials, Generation Xers, and Baby Boomers trust about four-in-ten sources they have heard of and distrust about two-in-ten overall — Millennials and Political News — Social Media - the Local TV for the Next Generation? — When it comes to where younger Americans get news …
Discussion:
Journalism.org, Fortune, The Huffington Post, Real Lawyers Have Blogs, The Awl, Variety, Baltimore Sun, The Verge, GeekWire, Talking Points Memo, SocialTimes, FishbowlDC, OnPolitics, Adweek and TVSpy
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Hadas Gold / Politico:
Pew report: 61% of millennials got their political news from Facebook in the last week, 37% from local television
Discussion:
Nieman Lab, Journalism.org, Mashable, Broadcasting & Cable, CNNMoney, Pew Research Center, @hemartin, @mathewi, @hadas_gold, @tomgara, @robertcaruso and @sunny_hundal
Josh Constine / TechCrunch:
Leaked contract shows SoundCloud may pay about 22% royalties to publishers, is preparing to roll out two premium tiers, one with downloadable songs and no ads — Leaked Contract Shows SoundCloud's Plans For Ad-Free Subscriptions And Paying Labels — SoundCloud is desperately trying …
Discussion:
Digital Music News
Henry Mance / Financial Times:
City AM Editor David Hellier may be pushed out as the paper debates political stance and looks for profit — City AM editor on brink of leaving paper — The editor of City AM is on the brink of leaving the business newspaper, less than a year after being appointed to the role.
Andrew Heslop / WAN-IFRA:
WAN-IFRA calls for greater protection for journalists, says at least 1,127 have been killed on the job since 1992 — Press Freedom Resolution: Safety of Journalists — The Board of the World Association of Newspapers and News Publishers (WAN-IFRA), meeting on 31 May in Washington D.C. during …
Discussion:
The Hindu, philstar.com, Graphic Online, Indian Television Dot Com and Press Gazette
Christian Caryl / Foreign Policy:
How three Costa Rican reporters upended the nation's political system through data reporting — The Data Sleuths of San José — How three scrappy Costa Rican reporters used the power of data to bring down a system of sleaze. — The real estate agent was angry.
Sarah Shaffi / The Bookseller:
US e-book sales drop 6% in 2014 to 223M, down from 240M in 2013 — US e-book sales down 6% in 2014 — E-book sales in the US declined by 6% in 2014 compared to the year before, statistics released by Nielsen show. — Information presented at BookExpo America and derived from PubTrack Digital …
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.
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:
Re/code, The Verge, Wall Street Journal, Variety and 9to5Mac
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, Capital New York, @jessicaplautz and @niemanlab
Tony Maglio / The Wrap:
Bob Berney Joins Amazon Studios as Head of Movie Distribution and Marketing; Albert Cheng Named COO — Bob Berney and Albert Cheng joined Amazon Studios on Monday in key roles: Berney will be head of Movie Distribution and Marketing, while Cheng hops aboard as COO.
Discussion:
Re/code, Variety, Hollywood Reporter and Broadcasting & Cable
Jason Koebler / Motherboard:
Netflix is experimenting with pre- and post-roll ads for its own programming — What's New on Netflix: Advertisements — Netflix is experimenting with advertisements that run both before and after users watch a video. It's unclear whether or not the company will eventually push ads to everyone.
Discussion:
Cord Cutters News, Mashable, TechCrunch, @peter_mooney_, Ubergizmo, Consumerist, BGR, /Film, TIME, PCMag UK, Business Insider, Engadget, @motherboard, Adweek, @dangillmor, @audaciouskay, @zacherynielson, @crupicrupicrupi, The Verge, @kaleighrogers, @republicandalek, @mikeisaac, @bcmerchant and Consequence of Sound
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