Top News:
Sarah Frier / Bloomberg:
Sources: Snapchat hits 10B daily video views, up from 8B in February; over a third of daily users create Stories — Snapchat User Content Fuels Jump to 10 Billion Daily Video Views — More than a third of daily users said to create snap stories — Daily video views increase from 8 billion in February
Discussion:
Fast Company, Digital Trends, The Verge, @noahchestnut and @mathewi
Variety:
Comcast buys DreamWorks for $3.8B in cash, $41 a share; total equity value of deal, including debt, is $4.1B — NBCUniversal to Acquire DreamWorks Animation for $3.8 Billion … NBCUniversal has set a deal to buy DreamWorks Animation for $3.8 billion in cash.
Discussion:
CNNMoney, Business Wire, Broadcasting & Cable, TechCrunch, Forbes, The Wrap, The Wrap, Ad Age, @cnbcnow, New York Times, FishbowlNY, Deadline, Home Media Magazine, Wall Street Journal, International Business Times, Washington Post, Bloomberg, Hollywood Reporter, Vanity Fair, Tubefilter, Business Insider, Strategy Consulting, Los Angeles Times, Fortune, Investor's Business Daily, The Verge, KTLA, Engadget, Los Angeles Times and Morningstar
Dylan Byers / CNNMoney:
Sources: Politico in talks with reporters Jake Sherman, Anna Palmer about taking over as Playbook co-authors when Mike Allen leaves — Politico in talks with new ‘Playbook’ authors — Politico Playbook, the influential morning newsletter read by Washington's power players and political junkies, will have a life after Mike Allen.
Roy Greenslade / Guardian:
Mail Online takes down article after plagiarism complaint from freelance writer for the Times, agrees to pay invoice “with no admission of liability” — Mail Online rips off freelance journalist... yet again — Writer discovers his Times article reproduced on the Daily Mail's website
Discussion:
SubScribe, @mfletchertimes, @mfletchertimes and Jon Slattery
Brian Steinberg / Variety:
Viacom Q2 revenue falls 3% to $3B, compared to $3.08B in same period last year — Viacom Q2 Revenue Dips 3% on Ad Shortfalls, Film Unit Operating Loss … Viacom Inc. said revenue dipped slightly its fiscal second quarter fell 3% as its U.S. media networks grappled with ratings declines …
Discussion:
Fortune
Chris O'Shea / FishbowlNY:
Crain Communications - behind Crain's New York - launching sites in 35 markets, will feature curated newsletters, and local and national news — Crain's Goes National — Crain Communications is taking its brand national. The company—which owns business sites in New York, Chicago …
Mark Sweney / Guardian:
Elizabeth Denham, ex-British Columbia information commissioner who led major investigation into Facebook's privacy controls, named UK information commissioner — Canadian who took on Facebook named UK information commissioner — Commons culture, media and sport committee confirms Elizabeth Denham in £140,000-a-year role
Glenn Peoples / Billboard:
Spotify buys CrowdAlbum, which aggregates photos and video from live events and was founded by Tracy Chan, a former head of YouTube analytics — Spotify Acquires CrowdAlbum, An Aggregator of Social Data From Live Events — EMAIL ME — Photos and videos shared via social media …
Discussion:
Press, @jonvanhala, Wall Street Journal, VentureBeat, @rchen, @hellmania, @adamlwatson, TechCrunch, MediaPost and Fortune
Erik Wemple / Washington Post:
Arianna Huffington joins Uber's board, raising questions about Huffington Post editorial boundaries despite her recusing herself from coverage of Uber — Arianna Huffington is an Uber board member: Huh? — Editors in chief of news organizations are well advised to steer clear of corporate entanglements.
Discussion:
Om Malik, @om, CNNMoney, New York Magazine, The Huffington Post, Fortune, @arrington, CNET, VatorNews, @dylanbyers, @om, Fast Company, CNNMoney, The Huffington Post, @om, @sarahcuda, @erikwemple, @erikwemple, @dangillmor, The Verge, Wall Street Journal, Gawker, Benzinga, City A.M., USA Today, VentureBeat, Bloomberg, The Hill, Re/code and @jackmirkinson
RELATED:
Nathan McAlone / Business Insider:
Profile of media startup Odyssey, which has 10K+ unpaid young writers posting one piece a week, recently raised $25M, and claims 30M uniques a month — A startup that just raised $25 million is like a college newspaper on steroids — and it's racking up 30 million uniques a month
Discussion:
Cheddar TV, New York Business Journal and LinkedIn Pulse
Georg Szalai / Hollywood Reporter:
SiriusXM reports Q2 earnings of $171M, ended March with 30.1M subscribers — SiriusXM Boosts Full-Year Sub Growth Target as Quarterly Earnings Rise — EMAIL ME — The home of Howard Stern now expects to add 1.6 million, instead of 1.4 million, subs after ending March with 30.1 million.
Discussion:
PR Newswire
Alan John Koshy / Reuters:
Time Warner Cable Q2 revenue rises to $6.19B from $5.78B a year earlier, adds 21K video customers, 9K below average estimate — Time Warner Cable's data subscriptions rise more than expected — Time Warner Cable Inc (TWC.N), which is in the process of being bought by Charter Communications Inc …
Discussion:
The Wrap, Hollywood Reporter, MarketWatch, TheStreet.com and @jason_kint
Minnie Chan / South China Morning Post:
Andrei Chang, founder of Kanwa Asian Defense magazine, is leaving Hong Kong for Tokyo due to fears for his safety as a journalist after booksellers disappeared — Defence magazine publisher Andrei Chang quits Hong Kong over concerns for safety — Mainland born Canadian founder …
Discussion:
@joshchin and @alanwongw
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