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6:20 AM ET, July 2, 2015

Mediagazer

 Top News: 
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:
Bob Lefsetz / The Lefsetz Letter:
Apple Music: too much hype, not enough focus on usability, and requires a credit card up front  —  Apple Music  —  Botched launch.  Terminal?  Probably not, but we expect so much of Apple.  We had to listen to Jimmy and Drake testify, but no one focused on usability …
Discussion: Re/code, Kirkville and The Verge
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.
Laura Hazard Owen / Nieman Lab:
Scribd found that paying publishers based on how much readers read is too expensive in genres like romance  —  What Scribd's growing pains mean for the future of digital content subscription models  —  Netflix earned more than $5 billion in 2014.  No wonder companies want to be …
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 …
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  —  Jaunt unveils a high-end camera setup for virtual reality movies  —  Virtual reality games might have taken the center stage at E3 earlier this month …
Russell Brandom / The Verge:
Chicago's 9% cloud tax now applies to “electronically delivered amusements” like Netflix  —  Chicago's ‘cloud tax’ makes Netflix and other streaming services more expensive  —  The past five years have seen a huge shift in the way we consume media, as brick-and-mortar stores shift to digital subscriptions.
Reuters:
Sources: FCC to approve AT&T's $48.5B DirecTV acquisition with conditions as soon as next week  —  U.S. approval of AT&T-DirecTV deal expected as soon as next week: sources  —  AT&T Inc's (T.N) proposed $48.5 billion acquisition of DirecTV (DTV.O) is expected to get U.S. regulatory approval …
Discussion: @alinaselyukh
Milton Kent / Washington Post:
Keith Olbermann and ESPN may be heading for another breakup  —  Stop us if you've heard this before: ESPN and Keith Olbermann may be on the outs.  —  The Hollywood Reporter is reporting that, as a condition for Olbermann's two-year contract to be renewed, the erstwhile commentator can't do commentary on his ESPN2 show.
Daniel Frankel / FierceCable:
Cable One, a Phoenix-based cable and Internet provider, spins off from Graham Holdings  —  Cable One officially spins off, enjoys strong first day as M&A target  —  Cable One has officially spun off from Graham Holdings, with the Phoenix-based MSO's stock spiking as much as 6 percent …
Discussion: Multichannel News and bizjournals
 
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 More News: 
Sarah Perez / TechCrunch:
Hulu reaches deal to distribute its ad-supported content on Pluto TV's website, which presents online video in a TV-like programming grid
Discussion: SlashGear, VideoInk, Variety and Engadget
Steve Friess / Columbia Journalism Review:
A look at podcasting as it celebrates its tenth anniversary
Benjamin Mullin / Poynter:
Press can't see Hulk Hogan sex tape at trial, judge orders
Discussion: Re/code and The Intercept
Joseph Lichterman / Nieman Lab:
Harvard Business Review hopes to grow subscriptions by offering new products at a higher price of of $109/year
Discussion: Talking Biz News
Natalie Mortimer / The Drum:
CNN looks to tempt luxury advertisers as CNN Style portal launches
Discussion: FishbowlNY, CNN and LostRemote
Janko Roettgers / Variety:
Former Vevo CEO Rio Caraeff Joins Magic Leap As Chief Content Officer
Discussion: VentureBeat and Re/code
 Earlier Picks: 
Kelsey Sutton / Capital New York:
Glenn Beck's TheBlaze downsizes New York City production operation, with new shows filmed in Dallas
Mark Sweney / Guardian:
Evening Standard remains in the black for third consecutive year
Discussion: campaignlive.co.uk
Michael Rondon / Folio:
MediaFinder report: in first half of 2015, 60 magazine titles were launched and 23 closed