Top News:
Variety:
Comcast buys DreamWorks Animation 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.
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Ryan Faughnder / Los Angeles Times:
Katzenberg will step down as DreamWorks Animation CEO, will chair DreamWorks New Media, including Awesomeness TV and NOVA, will also be NBCUniversal consultant — Katzenberg to relinquish DreamWorks Animation CEO role after Comcast deal — Jeffrey Katzenberg, the Hollywood mogul whose name …
Discussion:
The Wrap, Wall Street Journal and Associated Press
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, Vanity Fair, Digital Trends, The Verge, @noahchestnut and @mathewi
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
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.
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.
Discussion:
Fashionista, @johnherrington, @bmorrissey, Teen Vogue and @niemanlab
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
Joseph Menn / Reuters:
Traffic to Wikipedia terrorism entries plunged after Snowden revelations, study finds — Internet traffic to Wikipedia pages summarizing knowledge about terror groups and their tools plunged nearly 30 percent after revelations of widespread Web monitoring by the U.S. National Security Agency …
Discussion:
The Intercept, @jamesofur, The Hill and Washington Post
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
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, New York Magazine, @om, CNNMoney, The Huffington Post, Fortune, @arrington, CNET, VatorNews, @dylanbyers, @om, Fast Company, @sarahcuda, @erikwemple, @erikwemple, @dangillmor, @om, The Huffington Post, CNNMoney, The Verge, Gawker, Wall Street Journal, Benzinga, City A.M., USA Today, VentureBeat, Bloomberg and The Hill
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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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Hollywood Reporter, MarketWatch, TheStreet.com, @jason_kint and The Wrap
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