Top News:
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:
Uber Global, Om Malik, CNNMoney, CNNMoney, The Huffington Post, @arrington, CNET, The Huffington Post, @dylanbyers, @om, VatorNews, The Verge, @erikwemple, @erikwemple, Wall Street Journal, @om, Gawker, Fortune, Fast Company, Benzinga, City A.M., USA Today, VentureBeat, Bloomberg, The Hill, Re/code, @jackmirkinson and Strategy Consulting
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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:
@kellymcb and @sarahcuda
Wall Street Journal:
Sources: CEO Jeffrey Katzenberg to leave DreamWorks if Comcast deal goes through; latest proxy statement says he would get $21.9M if company is sold — Katzenberg to Leave DreamWorks If Comcast Deal Is Completed — Jeffrey Katzenberg has headed DreamWorks Animation since IPO in 2004
Discussion:
New York Times, Variety, The Wrap and @katyonthehill
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Wall Street Journal:
Sources: Comcast in talks to buy DreamWorks Animation for $3B+, would likely merge DreamWorks with Universal Pictures
Discussion:
Fast Company, New York Times, Skift, Fortune, New York Magazine, Hollywood Reporter, The Wrap, Los Angeles Business Journal, Variety, Deadline, Business Insider, Investor's Business Daily, Strategy Consulting, Ubergizmo, The Wrap, SlashGear, Forbes, Tubefilter, The Week, Silicon Valley Business …, Bloomberg, Philly.com, Ars Technica, Los Angeles Times, Tech Trader Daily, Digital Trends and Deadline
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 and MarketWatch
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
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.
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 …
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
Gerry Smith / Bloomberg:
Vox Media names ex-Rosetta Stone CEO Stephen Swad as CFO; ex-Yahoo President Susan Decker joins board — Vox Media Names First CFO, Adds Former Yahoo President to Board — Appointments put media veterans in management, oversight roles — No immediate plans for IPO, CEO Jim Bankoff says in interview
Discussion:
@jeremymbarr, @moritzdispatch and @dwaxd
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 — Twitter is going to have a hard time fixing its ad problem — For the last couple of years, two things about the Twitter narrative …
Discussion:
Eamonn Fitzgerald Rainy Day, Slate and Wall Street Journal
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