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12:25 PM ET, April 28, 2016

Mediagazer

 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
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.
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.
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 …
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.
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
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 …
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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 More News: 
Peter Kafka / Re/code:
Twitter's user growth problems become ad revenue issue as firm struggles to compete with new products like Snapchat, lacks scale to take on Facebook, Google
 Earlier Picks: 
Peter Sterne / Politico:
Esquire removes satirical article by “Prof. Jeff Jarvis” after request from real Jeff Jarvis
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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