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, Quartz, Financial Times, Politico, @ckrewson, InvestorPlace, Fortune, @danroth, @mathewi, @brianstelter, @ritholtz, @mims, @jimwaterson, @colinmorrisonuk, MediaPost, @ejpfauth, The Wrap, @pjozefak, @edmundlee, @jmcduling, @vb2b, @sub8u, @rafat, @profjeffjarvis, @howardlindzon, PE Hub Blog and @mikeisaac
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, FishbowlNY, Ad Age, Media Wire Daily, WWD and Crain's New York
George Gene Gustines / New York Times:
Ta-Nehisi Coates to Write Black Panther Comic for Marvel — Ta-Nehisi Coates can be identified in many ways: as a national correspondent for The Atlantic, as an author and, as of this month, as a nominee for the National Book Award's nonfiction prize. But Mr. Coates also has a not-so-secret identity …
Discussion:
Talking Points Memo, @justinnxt, @leonardpittsjr1, Shadow and Act, @mattegagnon, @skylightbooks and Comicbook.com
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:
The Wrap, FishbowlNY, Variety, Media Wire Daily, @jeffschultzajc and @realobf
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:
Nieman Lab, CNET, Fortune, Tech Insider, Entrepreneur, Ubergizmo, @taylorlorenz, @khoi, Consumerist, VatorNews, Slate, 9to5Google, @sdkstl, @kaetrin67, SlashGear, TechCrunch, Engadget, The Verge, New York Times, @sabrina, The Next Web, Business Insider, @pmarca, Bookseller News, Publishers Weekly, @laurahazardowen, @mikeisaac and Forbes
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:
@satariano, @gerryfsmith, @benmullin and @justin_b_smith
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
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.”
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
Peter Kafka / Re/code:
Facebook ramps up its Instant Articles as Washington Post says it will publish all of its articles on Facebook and over a dozen new publishers join — Facebook Ramps Up Its Instant Articles, and the Washington Post Is All In — Last spring Facebook started hosting stories from the New York Times …
Discussion:
Washington Post, Poynter, Mashable, @mashablehq, @fmanjoo, @pkafka, @jyarow, @caseynewton, @sfiegerman and Facebook Developers
Janko Roettgers / Variety:
Simple.tv to launch ShowDrive, a cloud DVR to store/stream up to 1K hours of TV, in UK within weeks, cost £1/month for 100 hours, £5/month for 1K hours — Aereo's Heir: Simple.tv to Launch New Cloud DVR Called ShowDrive (Exclusive) — Aereo may be dead, but that doesn't stop …
Discussion:
FierceCable