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:
Multichannel News, New York Times, Ad Age, Reuters, Wall Street Journal, Hollywood Reporter and FierceWireless
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 …
Discussion:
@pkerkstra, Billy Penn, @stephaaronson, @joelchoffmann, @will_bunch, @will_bunch, @jimfkenney, @abeaujon, Chestnut Hill Local, Poynter, @philabcoulter, @aliwatkins, @joelmmathis and Poynter
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
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:
Broadcasting & Cable, Deadline, Variety, Ad Age, Re/code, Radio & Television …, The Verge, The Next Web, Stocks to Watch, Hollywood Reporter, Financial Times, Los Angeles Times, Variety, Home Media Magazine, City A.M., The Wrap, Fortune, 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
Ravi Somaiya / New York Times:
Boston Globe Owner Set to Start Health News Website — John Henry, the billionaire owner of The Boston Globe, formally unveils a new publication on Wednesday dedicated to coverage of health, medicine and life sciences. — The new offering, called Stat, will be edited by Rick Berke …
Discussion:
Stat, Poynter, BostonGlobe.com, Nieman Lab, Poynter, Adweek, Media Nation, @ylichterman, USA Today and CNNMoney
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, Adweek, Media Wire Daily, Fashionista, Jezebel and New York Magazine
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.
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
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
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
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