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4:05 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 …
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
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.
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
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
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  —  Crain's Goes National  —  Crain Communications is taking its brand national.  The company—which owns business sites in New York, Chicago …
Discussion: Talking Biz News
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
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 …
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
 
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 More News: 
Georg Szalai / Hollywood Reporter:
SiriusXM reports Q2 earnings of $171M, ended March with 30.1M subscribers
Discussion: PR Newswire
 Earlier Picks: 
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
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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