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11:00 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 …
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
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.
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 …
Discussion: @bubbaprog and @chrisgeidner
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William Turvill / Press Gazette:
NUJ: BBC ‘sensible’ to target management ‘chiefs’ in latest round of job cuts
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 …
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.
Jack Marshall / Wall Street Journal:
Digital media M&A grew in first half of 2015, with 1,243 deals globally, up about 24% from 1,000 in first half of 2014  —  Digital Media M&A Accelerated in First Half of 2015  —  Mergers and acquisitions in the digital media space are accelerating, according to data from investment banking and strategic advisory firms.
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 and EL PAÍS
Eric David / SiliconANGLE:
Reddit's AMA forum falls apart after AMA organizer Victoria Taylor was ‘unexpectedly let go’  —  Update: Several other popular subreddits have set themselves to private in protest against Victoria Taylor's removal from the company and due to an “underlying resentment against the admins for running the site poorly.”
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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Bob Lefsetz / The Lefsetz Letter:
Apple Music: too much hype, not enough focus on usability, and requires a credit card up front
Discussion: Kirkville, The Verge and @seth
 
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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