Top News:
Pandora:
Rdio to shut down the service, file for bankruptcy, with Pandora acquiring the key assets for $75M in cash — Pandora to Acquire Key Assets from Rdio — Adding technology, IP and talent to accelerate development of new capabilities; Pandora hosting investor call to outline growth strategy at 1:30 p.m. PT today
Discussion:
The Verge, TechCrunch, VentureBeat, Rdio Blog, Radio & Television …, VentureBeat, Forbes, New York Times, RAIN News, Engadget, Financial Times, iPhone in Canada Blog, Pocket-lint, The FADER, Hollywood Reporter, AppleInsider, @jank0, Mashable, Consumerist, @backlon, The Next Web, @sisario, Ubergizmo, MacRumors, @ingridlunden, @eringriffith, @jank0, 9to5Mac, @micahsingleton, Fortune, @discomaz, Business Insider, mUmBRELLA, SlashGear, Android Police, Re/code and App Advice
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Tim Peterson / Ad Age:
Pandora plans subscription-based on-demand service because ad revenue not enough to offset content costs
Discussion:
Variety and Fast Company
Dayna Evans / Matter:
Former staffer says Gawker Media treats female staffers as if they're invisible, favoring male staffers with story tips and scoops and sometimes pay — On Gawker's Problem With Women — A former staff writer describes how a media company founded on whistleblowing and radical transparency failed its female employees.
Discussion:
Medium, Alex Pareene, The Huffington Post, Poynter, @seanmcelwee, The New York Observer, @gmpaiella, @leahfinnegan, @thefrenchcritic, @bendreyfuss, @jessicavalenti, @leahfinnegan, @lpolgreen, @anildash, @annaholmes, @mims, Fast Company, @lindseyweber, @joanwalsh, @libbycwatson, @irin, @tolles, @choire, @madeleine_rae, @cindygallop, @jayrosen_nyu, @tcarmody, @libbycwatson, @caseyjohnston, @emmacargo, @morninggloria, @madeleinedoux, @woodlandalyssa, @lindsayzoladz, @ashleyfeinberg, @erikhinton, @noahhurowitz, @thewilderthings and @leahbeckmann
Jack Marshall / Wall Street Journal:
Companies Target Journalists With Ads on Facebook — Messages are targeted to people who work at specific media outlets — The next time you see an article about a company or product, consider this: it's possible the author heard about it through a Facebook ad.
Joe Pompeo / Politico:
Bloomberg Gadfly debuts in bid to shake-up financial commentary space — With succinct, newsy commentary about the day's business and financial headlines being churned out by franchises like The Wall Street Journal's Heard on the Street, The Financial Times' Lex and Reuters' Breakingviews …
Discussion:
Bloomberg Business, Nieman Lab, @jayrosen_nyu, @johngapper, Poynter, @joepompeo, @joepompeo, FishbowlNY, @mathewi, @buzzfeedandrew, @jayrosen_nyu and Media Wire Daily
Cynthia Littleton / Variety:
Media General rejects Nexstar's $4.1B takeover bid, will start negotiations with company — Media General to Negotiate with Nexstar as Station Group Takeover Fight Heats Up — The Media General station group has formally rejected Nexstar Broadcasting's $4.1 billion acquisition offer …
Discussion:
Media General, Folio, Broadcasting & Cable, Radio & Television …, New York Times and TVSpy
Bloomberg Business:
Sources: Miramax in talks to sell business to Qatar-based broadcaster BeIN Media Group, spun out of Al Jazeera in 2014, as soon as this year — Miramax Owners in Talks to Sell Company — Qatar-based broadcaster seeks library of Oscar winners — ‘Shakespeare in Love,’ ‘Good Will Hunting’ in play with talks
Discussion:
Hollywood Reporter and Fortune
Peter Kafka / Re/code:
Sources: equity deal talks between Time Warner and Hulu have not progressed very far — Why It Could Get Harder to Watch Your Favorite Shows on Hulu — Could Time Warner buy a piece of Hulu? Maybe. As the Wall Street Journal reported last week , the video site would like Time Warner …
Discussion:
Financialcv.com, Barron's Online, @pkafka, The Stack, Digital Trends, @waltmossberg, AdExchanger, Multichannel News and iMedia Connection
Mark Sweney / Guardian:
Channel 4 chief exec warns that sale of broadcaster will jeopardise its journalism, with new owners focusing on short term profits — Channel 4 sale would jeopardise news output, says chief executive — David Abraham says broadcaster likely to be bought by asset-stripping owner …
Suzanne Vranica / Wall Street Journal:
DraftKings Seeks to Delay Some TV Commercials and Ad Payments — Daily fantasy-sports site faces mounting legal challenges — As its legal troubles mount, daily fantasy-sports operator DraftKings Inc. has been asking some TV networks to delay the commitments it made for advertising to air …
Discussion:
Business Insider and Awful Announcing
Shalini Ramachandran / Wall Street Journal:
Liberty Global to buy Caribbean pay-TV provider and ISP Cable & Wireless for $5.3B, valuing the company at $8B including debt — Liberty Global to Buy Cable & Wireless Communications for $5.3 Billion — Move strengthens foothold in an emerging market ripe for consolidation
Discussion:
Bloomberg Business, Telegraph, @shaliniwsj, Business Wire and New York Times
Billy Steele / Engadget:
NBC offers free trial of its streaming comedy service SeeSo December 3 ahead of January's $3.99/month launch — NBC's comedy streaming service starts free beta preview December 3rd — If you want to give SeeSo a shot before signing up, you'll get your chance next month.
Discussion:
Tubefilter, Ubergizmo and The Verge
Joseph Lichterman / Nieman Lab:
Q&A with Mic executive editor Madhulika Sikka on expanding tech, science, and health coverage, improving editorial standards, and publishing deeper stories — With a focus on college-educated millennials, Mic's new executive editor wants to improve the site's editorial standards
Discussion:
@jacobdhorowitz
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