Top News:

CBS CEO Les Moonves says Apple puts live TV plans on hold; source says media firms want more money for their programming — Apple Said to Suspend Effort to Develop Live TV Service — Focus instead will be on App Store as platform for others — Media companies resist channel package at $30 to $40 a month
Discussion:
Business Insider, Ubergizmo, The Next Web, SlashGear, The Verge, @jyarow, @pmarca, VentureBeat, 9to5Mac, App Advice, Gizmodo, AppleInsider, Engadget, MacRumors, AppleInsider and Variety


Leaked Memo: BuzzFeed Editor-In-Chief Says It's ‘Entirely Fair’ to Call Trump a ‘Mendacious Racist’ — BuzzFeed Editor-In-Chief Ben Smith wrote in an email to his editorial staff Tuesday that calling Republican frontrunner Donald Trump a racist on social media does not violate the company's ethics guidelines.
Discussion:
@buzzfeedben, Politico, @davidfolkenflik, @azi, @davidfolkenflik, @ggreeneva, @mattbors, @elongreen, @mattyglesias, Mediaite, @jmsummers and Business Insider
RELATED:

Arianna Huffington announces The Huffington Post will no longer relegate Trump to its entertainment section, noting his impact on other candidates
Discussion:
ABC News, TVNewser, New York Times, BBC, Washington Post, Business Insider, Foreign Policy, Here & Now, Donald J Trump for President, @ezraklein, FishbowlDC, Variety, Vanity Fair, Vox, Mediaite, The Wrap, bookforum.com, American Press Institute, Fortune, Fox News, Poynter, USA Today, Associated Press, Washington Times, Talking Points Memo and Fast Company


Sources: Yahoo won't move forward with Alibaba spinoff, will instead examine a deal involving its core business — Yahoo will not move forward with Alibaba spinoff: Sources — Yahoo examines spinoff of core business: Sources — Yahoo will not move forward with plans to spin off its stake in Alibaba …
Discussion:
Re/code, Fortune, New York Times, Business Insider, Re/code, Telegraph, BuzzFeed, The Wrap, Forbes, Deadline, ZDNet, USA Today, CNNMoney, Variety, VentureBeat, Engadget, TechCrunch and Washington Post


Sources: Spotify to test allowing some musicians to temporarily withhold music from ad-supported version of the service — Spotify to Allow Some Musicians to Withhold Music From Free Service — Last year Taylor Swift pulled her entire catalog from Spotify because the streaming service …
Discussion:
Guardian, Ubergizmo, AppleInsider, Pocket-lint, TechHive, AllAccess.com, Canadianreviewer.com, BuzzFeed, Engadget, TIME, The Verge, Gizmodo, Forbes, Mashable, Music Business Worldwide and Business Insider
RELATED:


Diane Rehm, host of her self-titled news show that aired nationally on NPR for two decades, plans to retire after 2016 election — Diane Rehm, an NPR staple, eyes retirement from broadcasting — Diane Rehm, the host of one of public radio's longest-running and most popular news discussion programs …
Discussion:
Mediaite, New York Times, Talking Points Memo, Radio & Television …, CNNMoney, @brianstelter and Politico


Apple News app updates with a “Top Stories” tab curated by editors and adds Comscore integration so publishers can get credit from advertisers for traffic — Apple Updates Its News App to Make It More Like a ... Newspaper — Apple is tweaking its News app …
Discussion:
9to5Mac, MacRumors, Forbes, App Advice and The Next Web


Port Authority to weigh $25M in incentives for 21st Century Fox and News Corp at 2 World Trade Center; firms would commit to 1.5M square feet for 30 years — Port and New York State consider subsidizing News Corp. lease — New York State and the Port Authority are considering giving …
Discussion:
The New York Observer and The Real Deal New York

Iran Editor Is Charged With Defying Ban on Covering Ex-President — Iran's conservative judicial authorities indicted the managing editor of a prominent daily newspaper on Tuesday, saying that he had violated prohibitions on the coverage of Mohammad Khatami, a reformist-minded former president they now describe as a seditionist.
Discussion:
Agence France-Presse


Mashable to Distribute First Feature Film “CodeGirl” — Mashable and FilmBuff are partnering to distribute and promote the documentary “CodeGirl,” written and directed by Lesley Chilcott, on Mashable and the social news site's AppleTV app. — “CodeGirl” chronicles teams of high school girls around …


New Circa CEO John Solomon describes new focus on video, independence in journalism, funding support from Sinclair TV, and plans for staffing and crowdsourcing — Circa's New Owner Says the App Will Have Video at its Core — Circa didn't build up much of user base before it closed its doors …
Discussion:
@jayrosen_nyu, GeekWire and Washington Post, Thanks:@mathewi

Media General Rebuffs Sweetened Takeover Bid From Nexstar — Nexstar privately raised bid to about $16.30 a share — Media General Inc. has rebuffed a sweetened takeover bid from Nexstar Broadcasting Group Inc., leaving the two TV station owners at a negotiating impasse, according to people familiar with the matter.


New “Arctic Deeply” Site Will Detail The Ramifications Of Melting Sea Ice — Almost three years after launching its first single-topic news site covering the crisis in Syria, media startup News Deeply is today unveiling its next project: Arctic Deeply. Like its predecessors …
Discussion:
Nieman Lab