Top News:
Tony Maglio / The Wrap:
Comcast's NBCUniversal Officially Acquires DreamWorks for $3.8 Billion — Comcast's NBCUniversal has officially acquired DreamWorks Animation at an equity value of $3.8 billion. — “DreamWorks Animation is a great addition to NBCUniversal,” said Steve Burke, CEO of NBCUniversal.
Discussion:
Fast Company
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Shalini Ramachandran / Wall Street Journal:
Comcast Q1: beats expectations with revenue up 5.3% to $18.79B, profit up to $2.13B, adds 53K video customers — Comcast Profit Tops Estimates — Cable giant continues to add video customers despite weak pay-TV market — Comcast Corp. reported better-than-expected financial results …
Discussion:
Wall Street Journal, Skift, Los Angeles Business Journal, @mathewi, Fortune, Hollywood Reporter, USA Today and Tech Trader Daily
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, Uber Global, CNNMoney, The Huffington Post, Fortune, CNNMoney, @arrington, CNET, @dylanbyers, @om, The Huffington Post, VatorNews, The Verge, @om, @sarahcuda, @erikwemple, @erikwemple, @dangillmor, Wall Street Journal, Fast Company, Gawker, Benzinga, City A.M., USA Today, VentureBeat, Bloomberg, The Hill, Re/code and @jackmirkinson
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Kelly McBride / Poynter:
With Arianna Huffington on the Uber board, the Huffington Post must manage both actual and perceived conflicts of interest — Ask the ethicist: Should Arianna Huffington sit on Uber's board? — Arianna Huffington was announced as the newest member of Uber's board of directors today …
Discussion:
Fortune, @kellymcb and @sarahcuda
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 …
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 …
Discussion:
The Wrap, Hollywood Reporter, TheStreet.com, MarketWatch and @jason_kint
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
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 …
Discussion:
Press, @jonvanhala, Wall Street Journal, @rchen, @hellmania, @adamlwatson, MediaPost, Fortune, VentureBeat and TechCrunch
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:
New York Business Journal and LinkedIn Pulse
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
Alex Kantrowitz / BuzzFeed:
Source: Facebook is offering some content creators around $250K for 20 live video posts per month over a three-month period — As Social Shifts To Video, Content Creators Win Power And Dollars — The social platforms are all competing for quality video, but only a select few can deliver it.
Discussion:
SiliconANGLE, Business Insider, Wall Street Journal and @kantrowitz
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