Top News:
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 …
Re/code:
DraftKings Won't Raise $250 Million From Disney, But Will Still Get ESPN Ad Deal — Fantasy sports site DraftKings, which had discussed raising $250 million from Disney, is going to raise money somewhere else instead. — But the two companies will have a relationship anyway …
Discussion:
Forbes, @jimmiller, Variety and @pkafka
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 …
Seb Joseph / The Drum:
Conde Nast preps video channels to spur revenue from ads co-produced with brands — Conde Nast Britain is launching dedicated video channels for titles such as Vogue and GQ to populate its inventory with branded films and quicken efforts to become less reliant on display ads.
Discussion:
WWD, Refinery29, Haute Living and Vogue UK
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:
Politico, @zseward, @oswaldrachel, @nickschmidle, @emilystanitz, @ebnert, @dylanbyers, @lawrence_wright and @gregorydjohnsen
National Union of Journalists:
European media groups condemn beating to death of Polish journalist Lukasz Masiak on June 13 — IFJ & EFJ condemn the murder of journalist beaten to death in Poland — The International Federation of Journalists (IFJ) and its regional organisation the European Federation of Journalists …
Discussion:
European Federation …
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:
@madison_mayhew
Associated Press:
Wikileaks documents show Saudi Arabia government payments to media in Mideast and Canada, including $2M to Lebanese MTV network — Saudi cables suggest money links with media — 5 photos — BEIRUT (AP) — A financially troubled Lebanese TV network received a $2 million Saudi bailout …
Discussion:
Global Research, VICE News, Global Voices, Poynter and Associated Press
Jared Newman / Fast Company:
Roku CEO on company's plans to stay ahead of the competition from Apple, Google, and Amazon — TV Wars: Inside Roku's Plan To Beat Apple, Amazon, And Google — Indomitable little Roku is attacking industry giants on every front it can. But can it remain a living-room fixture over the long haul?
Ramin Setoodeh / Variety:
Source: Kevin Spacey's new movie Elvis & Nixon acquired by Amazon for $3M+; will debut in theaters only — Amazon Studios Acquires ‘Elvis & Nixon’ Starring Kevin Spacey (EXCLUSIVE) — After weeks of haggling following the Cannes Film Festival, Amazon Studios is in final negotiations for the drama …
Discussion:
Deadline, Reuters, BroadwayWorld.com, @awallenstein, Hollywood Reporter, CINEMABLEND, The Verge and The Wrap
PEN International:
Three arrested in burning death of another Indian journalist, Sandeep Kothari, in state of Madya Pradesh — India: Authorities must ensure swift and thorough investigation into murder of journalist — Police have arrested three men in connection with the murder of journalist Sandeep Kothari …
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