Top News:
Josh Dzieza / The Verge:
Inside quirky, self-funded and profitable The Awl: annual revenue in low seven figures, relative freedom for writers, and a cautious growth strategy — Why are the most important people in media reading The Awl? — In March, at the Code/Media conference in Dana Point, California …
Discussion:
FishbowlNY, @mathewi, @lock, @chaykak, @annaholmes, @hels, @mat, @broderick, @caseyjohnston, @jamie_delancey, @rembert, @susie_c, @saramorrison, @scoutstout, @mattdpearce and @digiphile
Michael Wolff / MIT Technology Review:
Publishers should face existential crisis with Facebook Instant Articles ad revenue split, not embrace it — Facebook Instant Articles Just Don't Add Up for Publishers — Publishers like the New York Times should be having an existential crisis over Facebook's instant articles.
Discussion:
@michaelwolffnyc
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Peter Kafka / Re/code:
Zealot Networks, the company run by ex-Maker Studios CEO Danny Zapping, buys aggregator ViralNova in cash-and-stock deal that could eventually be worth $100M — YouTube Pioneer Danny Zappin Buys Facebook Content Factory ViralNova — ViralNova, one of the first sites to figure …
Discussion:
Business Insider, Wall Street Journal, Variety, TechCrunch, Tubefilter, Fortune, @zpower, @pkafka, The Next Web, Fortune and Ad Age
Jeremy Barr / Capital New York:
Fusion launches in-house ‘news lab,’ plans NoHo office space — Fusion's New York-based digital team, having added to its ranks, moved out of the ABC News building earlier this year and has been working in a temporary office space. But, this fall, Fusion will be moving into a new …
Abigail Edge / TheMediaBriefing:
NPR and Panoply see podcasting as a way to reach “advertising-resistant consumers” — NPR and Panoply on the economics of podcasting — Advertising, Devices, Digital Media, Mobile — Podcasting is having a bit of a moment right now. Although video tends to dominate discussion …
Discussion:
@howsoundtweets and @kevglobal
Jon Russell / TechCrunch:
Indian Media Startup News In Shorts Lands $20M Series B From Tiger Global — News In Shorts, the startup behind an India-focused mobile news app, has raised a $20 million Series B round from existing investor Tiger Global. — The VC firm, which has backed a number of India's top tech firms …
Discussion:
iamWire, @niemanlab and MediaNama
Associated Press:
Nicaraguan police beat protesters and harass journalists — MANAGUA, Nicaragua (AP) — Police beat and detained government opponents and harassed journalists Wednesday at a protest outside Nicaragua's top electoral council. — The protesters were attending a weekly demonstration in the capital …
Tom Warren / The Verge:
Xbox Music for iOS and Android now streams songs from OneDrive for free — Microsoft updated Xbox Music on Windows to play songs stored on OneDrive back in March, and today the company is refreshing its iOS and Android apps with the same feature. While Xbox Music is being renamed to Groove …
Discussion:
Softpedia News
Matthew Keys / The Desk:
Ex-Reuters deputy social media editor Matthew Keys joins Grasswire, a news startup that uses crowdsourcing with upvoting, as managing editor for North America — Here's to the next big thing... A screen capture of Grasswire.com. — I am incredibly excited to announce that earlier today …
Discussion:
@austenallred and @thekenyeung
Justin Ellis / Nieman Lab:
When readers hated Globe and Mail's minimalist app launched in May, it began adding features through small updates within a week — Trials and iterations: The Globe and Mail tries to balance reinvention and familiarity in its new app — There's a predictable cycle that takes place whenever …
Discussion:
E&, @millie and @samkirkland
Sarah Buhr / TechCrunch:
Meerkat updates app to include sign up via Facebook, 60 second viewer cameos, and a cloud storage option — Meerkat Makes Friends With Facebook's API, Adds Viewer Cameos And Streaming Storage — Live streaming app Meerkat rolled out several major updates this morning …
Discussion:
SocialTimes, Medium, Medium, Adweek, Variety, Engadget, Tubefilter, The Next Web, BuzzFeed, MobileSyrup.com and The Tech Portal
David Friend / Toronto Star:
Canada's Postmedia reports loss of $140.8M for Q3 as print ad revenue fell 20.2% to $19.1M; loss includes impairment charge after Sun Media acquisition — Postmedia losses mount as revenue declines speed up — The owner of the National Post and numerous major city dailies reported a loss of $140.8 million.
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