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2:40 PM ET, April 28, 2016

Mediagazer

 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.
RELATED:
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 …
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
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.
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 …
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:
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: 
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
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
 Earlier Picks: 
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
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:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

David Pierce / The Verge:
Google announces a new Platforms and Devices team overseeing Pixel, Android, Chrome, Photos, and more, to integrate AI across its products, led by Rick Osterloh

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview
 
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