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1:50 PM ET, June 10, 2015

Mediagazer

 Top News: 
Spotify Blog:
Spotify hits 20M paid subscribers, 75M total active users, has paid $3B in artist royalties  —  20 Million Reasons to Say Thanks  —  What a difference a year makes!  At the end of May 2014, we reached 10 million paying subscribers and 40 million active users.
RELATED:
Douglas MacMillan / Wall Street Journal:
Spotify raises $526M at a $8.53B valuation, plans new forms of content to challenge rivals including Apple Music  —  Spotify Raises $526 Million Amid Battle With Apple  —  Spotify has closed a massive new round of funding from a wide range of global investors who are betting it can fend off a new threat from Apple.
Joe Pompeo / Capital New York:
Wall Street Journal to roll out beta of paid, digest-style news app What's News next month  —  Journal to roll out paid mobile app  —  The Wall Street Journal is set to roll out its first mobile-only product, Capital has learned—a paid, digest-style news app that's said to be an ambitious project …
Discussion: FishbowlNY, The Next Web and @s_m_i
New York Times:
Attorneys general in NY and Conn. investigating whether Apple, music labels violated antitrust laws in talking about competing freemium services like Spotify  —  Apple Music and Labels Investigated in 2 States  —  While Apple was preparing a splashy introduction for a new service …
Kevin Donovan / Toronto Star:
CBC host Evan Solomon fired after Star investigation finds he took secret cut of art deals  —  CBC journalist facilitated sales of art to wealthy Canadians he dealt with in his job — including one buyer who had no idea Solomon was collecting a commission.  —  CBC
David Gonzalez / New York Times:
Photographer David Guttenfelder on using Periscope and Instagram in North Korea  —  Live, From North Korea  —  David Guttenfelder was recently on assignment in North Korea for The New York Times.  He decided to bring readers on his journey by streaming live video on Periscope.  —  Video: David Guttenfelder
Discussion: @davidc7
Associated Press:
Indian police investigate minister in death of journalist  —  LUCKNOW, India (AP) — Police on Wednesday began an investigation into the death of a journalist set on fire after he accused a state minister of being involved in illegal mining and land seizures in northern India.
Discussion: The Indian Express, dna, dna and dna
Stuart Dredge / Guardian:
Interview with Eddy Cue and Jimmy Iovine on Apple Music, Connect, and the importance of a “human touch” in curating playlists  —  Apple Music interview: 'Algorithms can't do it alone - you need a human touch'  —  Jimmy Iovine and Eddy Cue train their sights on Spotify …
Jeré Longman / New York Times:
Publishers of only daily newspaper in Cayman Islands flee country after accusations of treason for FIFA-related editorial criticizing government  —  Critical of FIFA, Publishers Flee  —  Fallout from the FIFA soccer scandal has begun to affect journalism in the Cayman Islands.
 
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 More News: 
Shawn W. Crispin / Committee to Protect Journalists:
Jailed Vietnamese blogger Ta Phong Tan on hunger strike over mistreatment
Discussion: RFA
James Warren / Poynter:
A Q-and-A with Hamilton Nolan on Gawker Media's union vote
Discussion: Capital New York
Katie Richards / Adweek:
For The NYT, Digitizing 16,000 Recipes From Its Past Is Part of Securing Its Future
Discussion: Poynter
Joe Flint / Wall Street Journal:
Selling packets of channels to subscribers once made sense, but not so much anymore
Discussion: BGR and FierceCable
 Earlier Picks: 
Margalit Fox / New York Times:
Obituary for Vincent Musetto, the New York Post editor who wrote the famous “Headless Body in Topless Bar” headline
Juro Osawa / Wall Street Journal:
Tencent tries to convert audience of its free QQ Music streaming service to Green Diamond, a paid membership with better sound and exclusive concerts
Linda Zebian / The New York Times Company:
New York Times launches Trending, a real-time list of what's popular on NYTimes.com, in beta, with cooking and in-case-you-missed-it categories
Discussion: MediaPost and Poynter
Brady Dale / The New York Observer:
News orgs pay $700 per month to crowdsourced news startup Fresco for access to local users ready to take photos of news events
Benjamin Mullin / Poynter:
To increase online reach, Reuters will offer free content to web publishers on a metered basis
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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