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Under attack from government and besieged by commercial rivals, BBC has been forced to justify its very existence — The battle for the BBC — Under attack from a government intent on reducing its size and besieged by commercial rivals, the broadcaster has been forced to justify its very existence
Discussion:
@owen_g, @stuartrowson, @beneltham and @jonathanshainin
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Reddit's chief engineer Bethanye Blount quits after less than two months on the job; claims loss of confidence in the direction of the company — Reddit Chief Engineer Bethanye Blount Quits After Less Than Two Months on the Job — Reddit's chief engineer Bethanye Blount quit just days …
Discussion:
Salon, Variety, @wiredferret, The Verge, @nkulw, @dhh, The Next Web, bizjournals, Engadget, Fortune, Business Insider, TIME and TechRaptor
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Former Reddit CEO says Alexis Ohanian responsible for firing that touched off Reddit revolt, noting a “stunning lack of leadership” in letting Pao take the heat
Discussion:
Mashable, Business Insider, Boing Boing, Gawker, Gawker, VatorNews, bizjournals, Fast Company, Mediaite, Washington Post, bizjournals and The Next Web

Verizon to Add Vice Content to Its Coming Mobile Video Service — Verizon Communications is adding Vice Media's youth-oriented news and entertainment content to its roster of programs that will be available on its mobile-first video service that is expected to start this year.
Discussion:
Re/code, Media Wire Daily and Variety


Newsweek sacks European print team after 15 months and losses of more than £1m — The relaunched Newsweek magazine is scrapping its dedicated London-based print team some 15 months after launch. — Press Gazette understands that the Europe edition has racked up losses of more than £1m.
Discussion:
WWD and @perryalexj
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Sources: London based European edition of Newsweek magazine scaled back; editor-in-chief Richard Addis resigns, print editorial staff likely to lose jobs — Newsweek to shutter Europe edition — The project, devoted to long-form journalism, is ending just 18 months after it began.
Discussion:
FishbowlNY, Guardian, Wall Street Journal and Canadian Magazines


New Pew data: More Americans are getting news on Facebook and Twitter — Facebook and Twitter users across all demographics are increasingly using the social networks as news sources, though they are seeking out different types of news content on each platform, according to a study out Tuesday …
Discussion:
Journalism.org, E&, SocialTimes, Mashable, Broadcasting & Cable, Adweek, TechCrunch, @mims, Re/code, @mattnavarra and @ylichterman


Reporters clash with open government advocates over the merits of a new FOIA policy — Reporters clash with open government advocates over the merits of a new FOIA policy. — Senior Editor for Technology & Society, The Huffington Post. Dad, husband, citizen, cyclist. alexander@huffingtonpost.com
Discussion:
@foiafactor, @johnmcquaid, @digiphile, @emptywheel and @dangillmor


NFL's $12 Billion Deal With DirecTV Faces Major Antitrust Lawsuit — A class action proposes to represent bars and restaurants who pay for broadcasts of out-of-market football games. — On Monday, a major class action lawsuit was filed against the National Football League and DirecTV …


Twitter Stock Jumps Nearly 8 Percent on Fake Bloomberg News Post — This is a real story, but a fake one caused Twitter's stock to surge nearly 8 percent. The bogus news report, attributed to Bloomberg News, said Twitter received a $31 billion buyout offer, a clever ploy to goose the company's shares.
Discussion:
Business Insider, Bloomberg, VentureBeat, New York Times, Variety, Computerworld, @randfish, @edmundlee, Mashable, USA Today, @daveweigel and Business Insider Australia


Hearst hires Brooke Siegel, former editor in chief of DailyWorth.com, as director of editorial operations — Hearst Hires Digital Director of Editorial Operations — Hearst Magazines is retooling its digital operations, as it looks to grow its audience on the Web.
Discussion:
Media Wire Daily and Poynter


Spoon University Raises $2M To Serve A Food Network To Millennials — A who's-who of early stage investors are putting a $2 million bet that two young Northwestern grads can teach millennials a better way to eat with their new startup Spoon University. — Founded by Mackenzie Barth …
Discussion:
Business Insider


FanDuel raises $275M round led by KKR, source says at a valuation well over $1B; other investors include Time Warner, NBC Sports Ventures, and Comcast — FanDuel Raises $275 Million, Births Unicorn — FanDuel, one of the two major players in the budding daily fantasy sports industry, has raised $275 million in new venture funding.
Discussion:
New York Times, Awful Announcing, GeekWire, Wall Street Journal, @pkafka, @alligoldberg, TechCrunch and Forbes