Top News:
Peter Elkind / Fortune:
Instead of hardening security defenses, Sony Pictures focused on offending North Koreans less, and was more afraid of security costs than risks — Part 2: The storm builds — We will take “a merciless counter-measure.” — On June 17, leaked emails show, Sony's appetite for mocking a “real persona” instantly diminished.
Discussion:
@danprimack and @fortunemagazine
RELATED:
Alan Murray / Fortune:
Fortune spent six months investigating Sony Pictures hack to warn other companies about the importance of cyber defense — How Fortune got inside the Sony hack — We have devoted 12,000 words in our July 1 issue to an extraordinary story by Peter Elkind on the now infamous cyber-attack …
Discussion:
@danprimack, Deadline, Business Insider, The Wrap, Fortune and FishbowlNY
Nikhil Pahwa / MediaNama:
The Wall Street Journal to shut its India edition, downsize India ops — The Wall Street Journal is downsizing its India operations and will pull the plug on its Indian edition, three sources have confirmed to MediaNama. The India website, http://www.wsj.com/india, will be merged into its global website.
Discussion:
FishbowlNY and @aruproy2611
Cecilia Kang / Washington Post:
Interconnection fees for companies like Netflix remain an issue in last-minute talks with regulators for AT&T-DirecTV deal — Why the government is about to approve the AT&T and DirecTV mega-deal - and the one thing that remains a big concern — A decision on AT&T's merger with DirecTV …
Discussion:
Wall Street Journal and Multichannel News
RELATED:
Lucia Moses / Digiday:
Heftig, Upworthy clone and third-largest German media company on Facebook with 1.7M fans, faces uncertain future as Facebook begins favoring original content — German site Heftig modeled itself after Upworthy, and what happened next will blow your mind — Three years ago …
Ben Sisario / New York Times:
Sirius XM settles licensing suit for pre-1972 songs with Sony, Universal, Warner Music, and ABKCO for $210M — Sirius XM Settles Royalty Dispute Over Old Recordings — Sirius XM, the satellite radio service, will pay $210 million to the major record labels to settle a lawsuit over royalties …
Brian Steinberg / Variety:
Bloomberg TV's New Show 'What'd You Miss' Aims for Broader Crowd — Bloomberg LP, one of the biggest names in buttoned-down business talk, is about to unveil a new TV show seeking instead to push the limits on a more broadly appealing kind of financial chatter.
Discussion:
Media Wire Daily, @jyarow, @antderosa and Talking Biz News, Thanks:@amandabcowie
CBS News:
Family of missing journalist Austin Tice applauds new US ransom policy that helps families negotiate with kidnappers — Tice family: New hostage policy “excellent step forward” — Shares - — The new hostage policy announced Wednesday is a landmark shift in how the U.S. government …
Discussion:
Houston Chronicle, @jecon and Associated Press
Josh Constine / TechCrunch:
Spotify acquires analytics firm Seed Scientific that included Beats Music as a client, will exclusively get access to services — Spotify Buys Beats' Analytics Provider Seed Scientific — Spotify wants to own big data about bands. Today it acquired analytics firm Seed Scientific to forge …
Discussion:
Bloomberg Business, RAIN News and Media & Entertainment
Noor Zainab Hussain / Reuters:
Trinity Mirror to double cuts to £20m to offset falling print revenues — Trinity Mirror warns on revenue, to cut costs further — British newspaper publisher Trinity Mirror Plc (TNI.L) said it was targeting to double cost savings for the year from its earlier plans as weak print advertising took a toll on first-half revenue.
Discussion:
Guardian, HoldTheFrontPage, The Drum, Independent.ie, Life Style Extra, nechronicle and The Irish Times
Ben Sisario / New York Times:
Profile of DJ Zane Lowe, formerly of BBC's Radio 1, as he prepares for the launch of Apple's Beats 1 streaming radio — Zane Lowe, the D.J. Scratching Out Beats 1 for Apple — LOS ANGELES — “Check-check. One two-two-two-two-two. Hello hello hello.”
Discussion:
9to5Mac, Fuse, The FADER, Vulture, Ad Age, hypebot, Variety, DIY, Ubergizmo, AppleInsider, Mashable, Mashable, Rolling Stone, The Verge, TechCrunch, MacRumors, Engadget, MacStories, all, Consequence of Sound, The Next Web, Digiday, The Loop and Billboard
Amy Schatz / Re/code:
FCC proposes to close loophole that let Dish use discounts meant for smaller firms in a recent spectrum auction — FCC Proposes Killing Dish Loophole in Upcoming Airwaves Auction — FCC Chairman Tom Wheeler proposed Thursday to eliminate loopholes that allow Dish Network to score …
Discussion:
Broadcasting & Cable, New York Times, TechCrunch and Light Reading
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