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 …
RELATED:
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
Mark Sweney / Guardian:
City AM appoints Christian May as editor, replacing David Heller who is leaving after just eight months — City AM appoints Institute of Directors' Christian May as editor — Business organisation's communications chief to replace David Heller, who is leaving after just eight months
Discussion:
Press Gazette, @marksweney, @christianjmay, @henrymance and @willspratt
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
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.
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
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
Mark Joyella / TVNewser:
Charlie Rose to Receive 2015 Cronkite Award — CBS This Morning co-host Charlie Rose has been named the 2015 recipient of the Walter Cronkite Award for Excellence in Journalism, Arizona State University announced today. \"For the past 40 years, Charlie Rose has asked the tough questions …
Discussion:
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