Mediagazer: Atlantic Media owner David Bradley worked with families in effort to rescue ISIS hostages who felt they were abandoned by the US government (Lawrence Wright/New Yorker)

8:05 PM ET, June 24, 2015

Top News:

Matt Galligan / Medium:

Circa is shutting down indefinitely after failure to monetize and close funding deals; CEO Matt Galligan says firm is working on deal involving underlying tech — Farewell to Circa News — It's with great disappointment that we let you know that Circa News has been put on indefinite hiatus.

David Cohn / Digidave:

Circa: early and influential in mobile news in 2012, missed key things, and now overshadowed by plans of Apple, Twitter, and Facebook — Quick thoughts as Circa shuts down — The news has broken - Circa is essentially shutting down. — While I haven't been with Circa for the last 10 months …

Discussion: @digidave, @kensands, @ylichterman, @digidave, @djbentley, @jswatz, App Advice and Poynter

Lawrence Wright / New Yorker:

Atlantic Media owner David Bradley worked with families in effort to rescue ISIS hostages who felt they were abandoned by the US government — Five Hostages — Families whose children were held captive in Syria felt that U.S. officials had abandoned them. So they secretly joined forces.

Discussion: Business Insider, Bloomberg View, @dylanbyers, @emilystanitz, @danieleraineri, @nickschmidle, @zseward, @gregorydjohnsen, @lawrence_wright, Politico, @oswaldrachel, @ebnert, Poynter and New York Times

Dylan Byers / Politico: Reporters Without Borders hails Obama administration's new hostage policy

The New York Times Company:

New York Times chief television critic Alessandra Stanley moving to new beat, covering inequality in US — Alessandra Stanley Moves to New Beat, Covering Inequality in America — New York Times executive editor Dean Baquet announced that Alessandra Stanley is returning to reporting to cover economic inequality in America.

Discussion: FishbowlNY, The New York Observer, @jamilahlemieux, @ericthurm, @loganjgreen, @xor, @rumaan, @romenesko, @faboomama, @robertkessler and @sarahw

Joseph Lichterman / Nieman Lab:

After being shut down by Gannett, San Francisco's The Bold Italic is returning under new ownership — The Bold Italic is coming back. After being shut down abruptly by Gannett in April, the local San Francisco site is returning under new ownership. — Sunil Rajaraman, cofounder …

Discussion: @ylichterman and @niemanlab

Sarah Perez / TechCrunch:

Amazon Prime Instant Video Adds Limited Support For HDR — Amazon announced today that it has rolled out, in limited fashion, support for HDR (high dynamic range) on Amazon Instant Video. It will initially only offer HDR videos to Amazon Prime members in the U.S., and only for one full series …

Discussion: VentureBeat, Home Media Magazine, Amazon.com, GeekWire, Adweek and Multichannel News

Billboard:

Apple Music strikes deals with rights group Merlin and independent label Beggars Group after changing royalty structure during trial period — Apple Music Signs Beggars Group, Merlin: Sources — Beggars comprises the imprints 4AD, XL, Matador and Rough Trade and has had a hand in the careers of Adele …

David Benoit / Wall Street Journal:

Icahn sells rest of his Netflix stock, bets on Apple next — Icahn Exits Stage Right on Golden Netflix Trade — Carl Icahn sold out of Netflix Inc., one of his most lucrative trades in recent memory. — The activist announced Wednesday, via Twitter , he had shed the last of his position in Netflix …

Discussion: @carl_c_icahn, TechCrunch, The Wrap and Business Insider

Lisa de Moraes / Deadline:

ABC News Wins Edward R. Murrow Award For Overall Excellence; CBS News Snags Most Trophies — The Radio Television Digital News Association today announced winners of its 2015 National Edward R. Murrow Awards, recognizing outstanding work produced by radio, television and online news organizations.

Chris O'Shea / FishbowlNY:

IBT Media, publishers of Newsweek and International Business Times, names Mitchell Caplan as Chief Marketing Officer — IBT Media Names CMO — IBT Media, publisher of Newsweek and International Business Times, has named Mitchell Caplan CMO. Caplan joins the company from Olson, where he held the same role.

Discussion: Media Wire Daily and Ad Age

Melody Kramer / Poynter:

Local news an important filter, offers deeper understanding of complicated issues, preserves culture, ensures accountability — Why does local matter? Let's ask our audience. — It's summer now so it's time for a long, juicy beach read on why local news matters.

Discussion: @geneaking, Mediashift and @madison_mayhew

Ann-Christine Diaz / Ad Age:

Soundcloud's Ominous Audio Recreation of the Berlin Wall Takes Radio Grand Prix at Cannes — The 2015 Cannes Lions International Festival of Creativity Radio Jury made an unconventional pick for this year's Grand Prix winner — a self-promotional piece for Soundcloud that replicated the Berlin Wall through audio.

Discussion: Adweek

Wall Street Journal:

Publishers Prepare to Ramp Up News Distribution on Facebook's Instant Articles in Coming Days … Publishers are ready to ramp up content distribution on Facebook's Instant Articles in the coming days, people familiar with the matter said, with some newsrooms preparing to post a few dozen stories a day.

Discussion: Business Insider, @lalpert1, @justinjm1, @perlberg, @mikeisaac and The Next Web