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1:25 PM ET, April 28, 2016

Mediagazer

 Top News: 
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.
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
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
Hilary Milnes / Digiday:
Vogue launches iOS app with Snapchat Discover-like design, daily feed of eight stories, in time for New York's Met Gala  —  Vogue's finally bringing its content to a mobile app  —  It is late April, 2016, and Vogue finally has a mobile app for its content.
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
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 …
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
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:
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 …
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 …
 
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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: 
Alex Kantrowitz / BuzzFeed:
Source: Facebook is offering some content creators around $250K for 20 live video posts per month over a three-month period
Discussion: SiliconANGLE and Business Insider
 

 
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

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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