Top News:
Jonathan Mahler / New York Times:
Nick Denton reflects on the expensive Hulk Hogan lawsuit, the dangers of chasing clicks through Facebook, Gawker's purpose, and more — Gawker's Moment of Truth — “I'm pretty sure we have a revolution coming,” said Nick Denton, founder and chief executive of Gawker Media.
Discussion:
The Awl, Gawker, @jkottke, @stephentotilo, @conordougherty, @sarahlellison, @gerstenzang and @ennisnyt
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Peter Sterne / Capital New York:
Gawker faces skeptical judge and jury in Hulk Hogan's Fla. hometown, as $100M sex-tape lawsuit that could have dire financial consequences goes to court July 6 — Gawker in the fight of its life with Hulk Hogan sex-tape suit — Nick Denton is preparing for the biggest fight of his life.
Discussion:
Nick Denton, Business Insider, Business Insider, Boing Boing, @praddenkeefe, @coreypein, @jackshafer, @actioncookbook, @sfiegerman, @jyarow, @nicknotned, @jledbetter, @steigerwaldino, @felixsalmon, @mathewi, @niemanlab, @sherman4949, @pkafka, @alexburnsnyt, Refinery29, Poynter and The Week
Sarah Lyall / New York Times:
James Murdoch's resurrection in US after scandal in UK is complete, now considered a great strategist with extraordinary long-term vision — Once Down, James Murdoch Is Guided Back to the Top — It would be hard to overstate how bad James Murdoch's reputation was in London when he left town some three and a half years ago.
Discussion:
Wall Street Journal, Forbes, Guardian, Poynter, @sarahlyall, @jonathanmahler, @jacobwe, @nytimesworld, @jotted, @dabeard, Wall Street Journal and Washington Post
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Edmund Lee / Re/code:
James Murdoch Is an Old School Media Executive, So Don't Expect Big Changes at His Dad's Empire — James Murdoch finally won. — Rupert Murdoch, his father and everyone's favorite media baron, agreed to hand over the CEO title at his company, 21st Century Fox, to his 42-year-old son, pending board approval.
Discussion:
Forbes, AdAge and New York Magazine
James Warren / Poynter:
Q&A with David Folkenflik, author of Murdoch's World, on what happens next with Murdoch empire — The power shift in the Murdoch Empire: What it really means — What does the transition in power at 21st Century Fox actually mean? — What might happen to the newspapers Rupert Murdoch loves …
Lara O'Reilly / Business Insider:
Video ad tech company TubeMogul raises $82.9M in secondary market offering — TubeMogul CEO on $83 million raise: The ad tech market may be hurting, but we're not — Video ad tech company TubeMogul has just raised $82.9 million in a secondary market offering. — Its stock is currently trading down around 6% on the news.
Richard Sandomir / New York Times:
Jason Whitlock is replaced as head of The Undefeated, ESPN's site about race and sports; Whitlock to focus on content — Jason Whitlock Out as Head of ESPN Website Built for Him — Jason Whitlock was replaced Friday as the head of the Undefeated, ESPN's website about the intersection of race and sports …
Discussion:
ESPN Front Row, @jimmiller and Deadspin
Natasha Lomas / TechCrunch:
French privacy watchdog demands Google make right to be forgotten delistings global, gives 15 days to comply — Google Must Expand Privacy Delistings, Says French Watchdog — The French data protection watchdog has ordered Google to widen its implementation of the so-called European 'right …
Discussion:
RSS CNIL, Wall Street Journal, Reuters, CNET, BBC, Reuters, Engadget, 9to5Google, Politico, New York Times, VentureBeat, Bloomberg Business, Search Engine Land, The Next Web, SlashGear and epic.org
Nate Swanner / The Next Web:
New York Times to block employee access to its desktop homepage next week to emphasis mobile — The New York Times wisely blocks staff from viewing its desktop homepage — The Grey Lady is changing. She's becoming a modern woman, one who enjoys a 4.7-inch retina display more than her 28-inch desktop monitor.
Discussion:
Politico, @cliffordlevy, @edmundlee and @csoghoian
Benjamin Mullin / Poynter:
Reuters says it isn't gunning for the competition by offering free content — On Tuesday, Reuters announced it was going to begin giving away content to publishers on a scale never before seen in the news agency's more than 160-year history. — It too early to tell what the policy will mean …
Mike Shields / Wall Street Journal:
Ad Tech Firms Find Venture Capital Funding Is Running Dry — It's a tough time to be raising money if you have the words “ad” and “tech” close together in your business plan. — Executives in the advertising technology sector and venture capitalists who are versed in the space say the climate …
Discussion:
@ganeumann and AdExchanger
Romain Dillet / TechCrunch:
8tracks Closes $2.5 Million Debt Line, Signs More Direct Licensing Deals With Music Labels — Music streaming service 8tracks has been profitable since 2012, but wants to move faster. For its new round of funding, the company chose to secure a $2.5 million debt financing from Silicon Valley Bank.
Discussion:
VentureBeat and Billboard
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