Top News:
Financial Times:
Sources: Facebook's Notify app for news alerts to launch next week with dozens of media partners including Vogue, the Washington Post, and CBS — Facebook links with media groups to launch news app — Facebook is preparing its latest push into news with a new standalone app called Notify …
Edward C. Baig / USA Today:
Verizon, NBA announce marketing deal bringing NBA highlights and more to go90 video service; source says deal is valued at $400M and runs for three years — NBA teams up with Verizon on $400M marketing deal — Want to catch LeBron on your smartphone? — Verizon is hoping all-things-hoops …
Discussion:
New York Times, Ad Age, Reuters, Wall Street Journal, Hollywood Reporter, NBA.com and FierceWireless
Cork Gaines / Business Insider:
Bill Simmons says his new podcast is “closing in on seven million listens” in debut month — Bill Simmons' new podcast is putting up massive numbers — It has only been one month since Bill Simmons launched his new podcast, “The Bill Simmons Podcast,” and so far the results have been huge.
Discussion:
Stratechery, Fortune and @mgsiegler
Jeff Blumenthal / Philadelphia Business Journal:
Philadelphia Media Network layoffs: 17 at Philly.com, 17 at Daily News, 12 from Inquirer, union leader says — Union leader: Philly.com ‘gutted’ by layoffs — More than half of Philly.com's editorial staff and 25 percent of Daily News editorial staffers were among the 46 people laid off …
Todd Spangler / Variety:
Time Warner Q3: beats estimates with $6.4B revenue, overall revenue up 5% YoY on Warner Bros. and HBO growth — Time Warner Results Top Q3 Forecasts, Lifted by HBO, Warner Bros. — Time Warner beat Wall Street expectations on revenue and earnings for the third quarter of 2015 …
Discussion:
Variety, Deadline, Broadcasting & Cable, Ad Age, Re/code, Reuters, The Verge, Variety, The Next Web, Home Media Magazine, City A.M., Hollywood Reporter, Financial Times, Stocks to Watch, Los Angeles Times, The Wrap, Fortune, Radio & Television …, Reuters, Wall Street Journal, The Wrap, Hollywood Reporter, Bloomberg Business and Deadline
Stephanie Gleason / Wall Street Journal:
Tribune Publishing offers $3M in Freedom Communication's bankruptcy case in exchange for right to bid on Orange County Register — Tribune Offers $3 Million to Fund Freedom Bankruptcy Case — LA Times publisher eyes bid for Orange County Register — Tribune Publishing Co. …
Discussion:
Poynter and @bradagreenberg
Daniel Siegal / Law360:
Jury awards former LA Times columnist T.J. Simers $7.1M over claims paper forced him out due to age and disability — BREAKING: Ex-LA Times Sports Writer Wins $7.1M In Age Bias Trial — A California jury on Wednesday evening awarded former Los Angeles Times sports columnist T.J. Simers $7.1 million …
Discussion:
@jbflint
David Yi / Mashable:
Sources: Lucky magazine, spun off by Conde Nast in 2014 into BeachMint shopping venture, shuts down; staffers dismissed last week — Lucky magazine shuts down once and for all, here's why it failed — NEW YORK - On Friday, the handful of remaining staffers at The Lucky Group's editorial side …
Discussion:
Adweek, Fashionista, Adweek, Media Wire Daily, Jezebel and New York Magazine
Jessica Davies / Digiday:
The Economist adopts time-based ad sales — The Economist is ready to move beyond the impression and bet heavily on user attention-based selling as the future. — The publisher, which operates a hybrid subscription and ad-funded business model, is offering marketers globally the ability …
Discussion:
@econmedia and mUmBRELLA
Brent Lang / Variety:
21st Century Fox Q1: revenue down 6% to $6.08B on weak box office sales; Fox cable revenue up 7% to $3.46B — ‘Fantastic Four’ Failure Takes Bite Out of Fox's Earnings — The failure of films like “The Fantastic Four” and tricky foreign exchange rates knocked the wind out of 21st Century Fox's quarterly earnings.
Janko Roettgers / Variety:
Chernin's Otter Media Aims for More Than $200M Revenue This Year — Otter Media, the online video-focused joint venture between the Chernin Group and AT&T, expects to generate more than $200 million in revenue across its business units this year, executives told Variety this week.
Discussion:
@jank0
Drew Harwell / Washington Post:
Universal and Disney's dominance in entertainment and use of news subsidiaries as promotional vehicles causes concern for some — In media universe, the force is strongest with Disney, Universal — There has never been a time when so much of American entertainment has been controlled by so few.
Discussion:
@brianstelter and @carlquintanilla