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5:25 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
Sarah Perez / TechCrunch:
In apparent move to boost visibility, Twitter switches its App Store category from Social Networking to News, where it ranks No. 1  —  Twitter aims to boost its visibility by switching from ‘Social Networking’ to ‘News’ on the App Store  —  Following yet another quarter of sluggish user growth …
Rupert Neate / Guardian:
New York Times CEO Mark Thompson sued in US district court on claim of ageist, racist, and sexist hiring practices  —  New York Times boss sued over alleged ageist, racist and sexist hiring practices  —  Paper denies ‘unjustified’ claims that CEO Mark Thompson introduced culture that favors 'young …
RELATED:
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
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.
Josh Constine / TechCrunch:
Pandora beats estimates with Q1 revenue up 29% YoY to $297.3M; active listeners decline to 79.4M from 81.1M in prior quarter  —  Pandora up 6% on strong earnings but Rdio and Ticketfly buys don't pay much yet  —  Pandora continues to struggle as Internet radio becomes just a feature baked …
Discussion: Pandora and New York Times
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
 
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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
Discussion: Talking Biz News
Mark Sweney / Guardian:
Elizabeth Denham, ex-British Columbia information commissioner who led major investigation into Facebook's privacy controls, named UK information commissioner
Georg Szalai / Hollywood Reporter:
SiriusXM reports Q2 earnings of $171M, ended March with 30.1M subscribers
Discussion: PR Newswire
 Earlier Picks: 
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
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

 
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