Top News:
Jane Martinson / Guardian:
BBC to cut more than 1,000 jobs in cost-saving push — Managers and back office functions to be cut to make up for a funding shortfall of £150m largely due to the faster-than expected switch to online viewing — The BBC is to cut more than 1,000 jobs, mainly by slashing layers …
Discussion:
Press Gazette, The Independent, Deadline, Financial Times, Telegraph, ITV, Sky News, Daily Mail, Telegraph and Plymouth Herald
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William Turvill / Press Gazette:
NUJ: BBC ‘sensible’ to target management ‘chiefs’ in latest round of job cuts — The National Union of Journalists has described the BBC's 1,000 management-targeted cuts as “sensible”, contrasting them with a decade of job losses further down the corporation.
Discussion:
National Union of Journalists and Variety
Greg Gilman / The Wrap:
Salon Media Editorial Staff to Unionize With Writers Guild of America — The editorial department at Salon Media, Inc. is following in Gawker's footsteps by organizing with the Writer's Guild of America, East. — Staff writers announced the decision on Thursday with a letter …
Discussion:
The New York Observer
Alex Weprin / Capital New York:
In 2014, Fusion posted a loss of $35M, with $28.1M in revenue and $63.4M in expenses — Univision I.P.O. sheds light on Fusion's finances — Univision's upcoming I.P.O. will be the biggest media I.P.O. in years, thanks to the company's dominance among Spanish-language consumers.
Discussion:
@alexweprin, @steve_katz, @raju and @mathewi
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Georg Szalai / Hollywood Reporter:
Univision Files for IPO — Univision Holdings said Thursday that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering. — The number of shares to be offered in the IPO and the price range for the stock offering …
Discussion:
CNNMoney, Variety, New York Times, Financial Times and Reuters
Glenn Peoples / Billboard:
Apple Music's Goal: Some Subscribers Now, Lots of Hardware Sales Later — Will Apple Music turn around the record business? Will Apple Music help Apple sell more iPhones and laptops? There are some guesses but little certainty to both questions. — While the music industry …
RELATED:
Variety:
ESPN Denies Report on Keith Olbermann Censorship — ESPN has denied a story by the Hollywood Reporter on Wednesday that claimed the network wants host Keith Olbermann to suspend commentary from his program. — “Keith has never been told any topic is off limits for his commentary nor …
RELATED:
Milton Kent / Washington Post:
Keith Olbermann and ESPN may be heading for another breakup
Discussion:
Hollywood Reporter, Deadspin, The Big Lead, Deadline, Mediaite and The Daily Caller
Brian Stelter / @brianstelter:
RELATED:
Benjamin Mullin / Poynter:
Press can't see Hulk Hogan sex tape at trial, judge orders
Discussion:
Re/code
Micah Singleton / The Verge:
Facebook has held early talks with the major music labels, future plans may involve the company's video platform — Facebook is talking with music labels, but why? — Facebook has held talks with the major labels about “getting into music,” multiple sources tell The Verge.
Discussion:
RAIN News, hypebot, Business Insider and @toptechticker
Cynthia Littleton / Variety:
Lifetime launches SVOD service, drawing on archive of movies, will charge $3.99 a month — Lifetime Digs Into Original Movie Vault to Launch SVOD Service — Lifetime is digging into its library of original movies to launch an SVOD service offering a package of about 30 vintage telepics for $3.99 a month.
Discussion:
Broadcasting & Cable
Damaris Colhoun / Columbia Journalism Review:
Inside the tensions at Bloomberg News, facing several recent high-level departures and rumors that Mike Bloomberg wants to scale back some enterprise reporting — Bloomberg's new regime and tensions over the editorial vision — In April, Zachary Mider's groundbreaking story …
Discussion:
@tunkuv, @cjr, @rafat, @id4ro, @sulliview, @sohrabahmari, @louwhiteman, @cjr and @kenli729
Ricardo Bilton / Digiday:
Microsoft's ad business withered because it tried to beat Google in search, overspent on aQuantive, and had warring factions in its organization — Autopsy: Why Microsoft's ad business withered — On Tuesday, Microsoft said that it was handing over its ad sales business to AOL …
Discussion:
@digiday
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