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9:40 PM ET, July 2, 2015

Mediagazer

 Top News: 
Kara Bloomgarden-Smoke / The New York Observer:
As expensive trial looms, Gawker releases financials: $6.52M in operating income in 2014 on $44.2M revenue  —  Breaking: This Is How Much Money Gawker Is Making  —  Despite Hulk of a lawsuit, financials show Gawker making money, moves.  —  In advance of the now-postponed trial between Gawker …
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Ellen Cushing / BuzzFeed:
On the road with teen social-media stars of DigiTour, estimated to bring in up to $20M in 2015  —  On The Road With The Teen Social-Media Sensations Of DigiTour … Hayes Grier is hungry.  It's well after 9 p.m., after a two-hour show and a long day, and the dinner delivery guy is running late …
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 …
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.
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William Turvill / Press Gazette:
NUJ: BBC ‘sensible’ to target management ‘chiefs’ in latest round of job cuts
Andy Cush / Gawker:
Texas town apologizes for sending Gawker a FOIA request bill for $79K related to police abuse video, calls it a mistake  —  McKinney, Texas, Apologizes for “Erroneous” $79,000 FOIA Bill  —  Wednesday evening, a spokeswoman for McKinney, Texas, apologized to Gawker for sending a $79,000 bill …
Ingrid Lunden / TechCrunch:
Prince sends takedown requests to Spotify, Rdio, and Deezer  —  Prince Won't Stream 4 U (Unless You're On Tidal, Or Maybe Google Music)  —  Call it the Taylor effect: it looks like another high-profile musician is sharpening his arrows to take aim at how streaming music services pay artists.
Robert Faturechi / ProPublica:
MPAA paid to renovate screening rooms in at least four US embassies in 2014 as it lobbied US government on piracy and copyright rules  —  As Hollywood Lobbied State Department, It Built Free Home Theaters for U.S. Embassies  —  Four U.S. Embassies got upgraded screening rooms last year …
Sarah Perez / TechCrunch:
SoundCloud updates iOS app with “play related tracks” feature that creates a stream of songs  —  In Wake Of Apple Music, SoundCloud Update Focuses On Music Discovery, Better User Experience  —  All the buzz this week may be about the launch of Apple Music …
Discussion: SoundCloud, 9to5Mac and Engadget
Marc Herman / Columbia Journalism Review:
Spain's Citizen Security Law makes it illegal to disseminate content deemed “damaging” to police and security forces  —  Under Spain's gag law, covering the news could cost you  —  One evening last month, a police helicopter swooped over my neighborhood of mid-sized apartment blocks in Barcelona.
Discussion: @cjr, @taniel, EL PAÍS and New York Times
Eric David / SiliconANGLE:
Reddit's AMA forum falls apart after AMA organizer Victoria Taylor was ‘unexpectedly let go’  —  Reddit Inc's main “Ask Me Anything” (AMA) subreddit, r/IAmA, is one of the site's most popular forums and is responsible for some of the community's most memorable moments, but the subreddit …
Discussion: Business Insider and @mikeisaac
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.
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 …
Discussion: Variety
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 More News: 
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
 Earlier Picks: 
Adi Robertson / The Verge:
VR startup Jaunt unveils 360-degree Neo camera for high-end VR movie production, will lease the device to partners starting in August
Russell Brandom / The Verge:
Chicago's 9% cloud tax now applies to “electronically delivered amusements” like Netflix