Top News:
Peter Kafka / Re/code:
Sources: Axel Springer within weeks of closing deal for full control of Business Insider, valuing it about $560M — Axel Springer Wants to Buy Business Insider for Around $560 Million — German publishing giant Axel Springer is closing in on buying Business Insider …
Discussion:
USA Today, Financial Times, Quartz, Politico, Fortune, @ckrewson, InvestorPlace, @danroth, @mathewi, @mims, @brianstelter, @ritholtz, @jimwaterson, @colinmorrisonuk, @ejpfauth, @pjozefak, The Wrap, MediaPost, @edmundlee, @jmcduling, @vb2b, @sub8u, @rafat, @profjeffjarvis, @howardlindzon, @mikeisaac and PE Hub Blog
Peter Kafka / Re/code:
Complex, a network of pop culture magazines, raises $21M from Hearst — Another Old Media-New Media Bet: Hearst Invests $21 Million in Dude-Centric Complex — Big media companies have lots of cash. But they're worried that won't help them if they can't find new audiences.
Discussion:
CNNMoney, Variety, Folio, Media Wire Daily, FishbowlNY, Ad Age, WWD and Crain's New York
Sophia Yan / CNNMoney:
New York Times not available in Thailand on Tuesday after local printer declines to print it because of sensitive story about country's monarchy — Why you can't find today's New York Times in Thailand — The international edition of The New York Times wasn't printed Tuesday in Thailand.
Discussion:
New York Times
Re/code:
Netflix-like e-book subscription service Oyster to shut down; part of team moving to Google Play Books, including CEO and co-founders according to sources — Oyster, a Netflix for Books, Is Shutting Down. But Most of Its Team Is Heading to Google. — Oyster, a company that provides …
Discussion:
CNET, Tech Insider, Fortune, Ubergizmo, @taylorlorenz, @khoi, Consumerist, VatorNews, Slate, @sdkstl, 9to5Google, SlashGear, @kaetrin67, TechCrunch, Engadget, @sabrina, The Verge, New York Times, Publishers Weekly, The Next Web, @pmarca, Business Insider, @laurahazardowen, Bookseller News, @mikeisaac and Forbes
Jason McIntyre / The Big Lead:
Sources: 200-300 layoffs coming to ESPN within the next few months, as Disney has notified ESPN to trim $100M from the 2016 budget — Layoffs are coming to ESPN. — Multiple sources inside and outside of ESPN tell The Big Lead that the network will be laying off “200 to 300” employees in the coming months.
Discussion:
FishbowlNY, Variety, Media Wire Daily, @jeffschultzajc and @realobf
Benjamin Mullin / Poynter:
Bloomberg editor-in-chief John Micklethwait announces global technology coverage reorganization under Brad Stone — Brad Stone, author of ‘The Everything Store,’ to lead Bloomberg's tech coverage — Brad Stone, the Bloomberg Businessweek senior writer and author of “The Everything Store …
Discussion:
@gerryfsmith, @satariano, @benmullin and @justin_b_smith
Samuel Gibbs / Guardian:
Google's appeal against global enforcement of right to be forgotten removals rejected by French data protection authority CNIL — French data regulator rejects Google's right-to-be-forgotten appeal — Search engine's attempt to block French order to apply delistings to its google.com domain …
Discussion:
RSS CNIL, Business Insider, Gizmodo UK, Gizmodo and BetaNews
Michael Calderone / The Huffington Post:
VICE has invested heavily in coverage of the prison system, with a HBO documentary and more than 50 pieces to be published in coming weeks — Vice Went To Prison With Obama. Now It's Going Deep Into Inmate Issues. — “It was too good an opportunity not to throw the kitchen sink at it.”
Tony Maglio / The Wrap:
Sean ‘Diddy’ Combs' Revolt TV Names Derek Ferguson COO — Sean “Diddy” Combs' Revolt TV has named Derek Ferguson its chief operating officer. — Ferguson (pictured above) was already in the Combs fold as chief growth officer of the music producer's Combs Enterprises, which was a major shareholder in Revolt.
Discussion:
Variety
Patrick Foster / RadioTimes:
RadioTimes poll of 9,000 readers shows 91% support the BBC license fee — Radio Times poll shows massive public support for BBC — 91% come out in favour of the licence fee in survey of 9,000 readers — The debate over whether to save or change the BBC has so far been limited …
Rick Edmonds / Poynter:
Tribune Publishing pleads its case with investors; share price falls further — Tribune Publishing hosted a brief “investor update” call Tuesday, making more explicit its earlier statements that the Los Angeles Times was under-performing financially and dragging down company-wide results.
Discussion:
Politico, CNN, @rickedmonds, JIMROMENESKO.COM and Poynter
Devon Maloney / Jezebel:
Why I Quit My Dream Newspaper Job After Four Months — Two months ago, I quit the best job I ever had. At least, I'm sure that's how it looks. Writing is one of those professions that automatically elicits people's opinions about your work, and since quitting, I've encountered enough split-second pauses …
Discussion:
@jairuskhan, @jbenton, @stevebuttry, @jezebel, @dynamofire, @dynamofire, @eve_barlow, LA Observed and @moorehn
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