Mediagazer: Sources: Hulu in talks with Disney, 21st Century Fox to launch an online TV service that would stream broadcast and cable channels in first quarter of 2017 (Wall Street Journal)

8:00 PM ET, May 2, 2016

Top News:

Sources: Hulu in talks with Disney, 21st Century Fox to launch an online TV service that would stream broadcast and cable channels in first quarter of 2017 — Hulu Is Developing a Cable-Style Online TV Service — New subscription service would stream feeds of popular broadcast and cable TV channels

Daniel Holloway / Variety:
Source: NBCUniversal also in early talks with Hulu to join streaming bundle in early 2017

Discussion: Wall Street Journal, The Wrap, Hollywood Reporter and Engadget

Reuters:

Sources: Tribune Publishing's second-largest shareholder, Oaktree Capital, wants company to “actively engage” with Gannett and other potential buyers — Exclusive: Tribune Publishing No. 2 shareholder supports sale — Oaktree Capital Group LLC (OAK.N), the second largest shareholder …

Discussion: USA Today and The Wrap

Anne Steele / Wall Street Journal:

Gannet urges Tribune shareholders not to back company's slate of director nominees, to send clear signal they want two companies to engage in merger talks — Gannett Urges Tribune Shareholders Withhold Board Votes to Spur Merger Talks — Deal, made public last week, is valued at about $400 million

Discussion: Gannett and Poynter

Brian Stelter / CNNMoney:
Tribune calls Gannett's appeal to stockholders a bid to ‘steal the company’

Discussion: TheStreet.com, LA Weekly and Talking New Media

Peter Sterne / Politico:

New York Times rebrands its R&D lab as Story[X], will be led by editor for innovation and strategy, Kinsey Wilson — Times rebrands R&D studio, promotes VR video at NewFront — The New York Times is rebranding its research and development lab as “Story[X]” and will more closely integrate …

Discussion: Adweek, @shansquared, @laurahazardowen and The Wrap

Jeremy Barr / Ad Age: At NewFronts, The New York Times announces six new digital shows; Chief Revenue Officer Meredith Kopit Levien says trend is toward a “visual future”

Benjamin Mullin / Poynter:

Digiday launches Glossy, a site dedicated to fashion and luxury … Digiday, the company best known for its concise coverage of the shifting media industry, announced on Monday plans to extend its reporting to the realms of fashion and luxury with a new publication called Glossy.

Discussion: Fortune, Nieman Lab, Re/code, Digiday, @laurahazardowen, Talking New Media, @rafat and @jayrosen_nyu

Julia Marsh / New York Post:

Hulk Hogan suing Gawker again, for allegedly leaking sealed court documents to the National Enquirer that quoted him making racists remarks — Hulk suing Gawker for allegedly leaking his racist tirade — More On: — Hulk Hogan is trying to take down Gawker one more time.

Discussion: Hollywood Reporter, Newser, Re/code, CNNMoney, The Wrap, New York Magazine, Mashable, PWTorch and The Daily Caller

Todd Spangler / Variety:

Vimeo acquires VHX, a startup that provides a platform for OTT, VOD services; terms not disclosed, VHX raised $10M from investors including Comcast Ventures — Vimeo Acquires VHX, Bolstering Subscription VOD Tools … VHX's 22 employees will join IAC-owned video platform provider

Discussion: TechCrunch, VentureBeat, Re/code, @sacca, Forbes and The Wrap

Peter Kafka / Re/code:

Amazon gets more serious about sports after it didn't get the NFL Thursday Night games deal — Amazon didn't get the NFL deal, but it's getting more serious about sports — Heads up, ESPN: Amazon wants to get into sports on the web. — The giant retailer, which tried but failed to land …

Discussion: @ericjackson

Bloomberg:

A history of Marissa Mayer's tenure at Yahoo, and why her efforts haven't been enough to turn the company around — Yahoo's $8 Billion Black Hole — These moves haven't mollified investors. In March, Starboard Value, which once got the board of Darden Restaurants replaced by …

Discussion: NetNewsCheck Latest, Variety, @joshpetri, @peterlattman and @namedpipe

Ashley Cullins / Hollywood Reporter:

Sumner Redstone to Testify via Video at Health Care Trial — The video testimony is subject to several conditions and will not be made public. — 92-year-old media mogul Sumner Redstone will not take the stand in a trial that will determine whether or not he had capacity last fall to change …

Discussion: The Wrap, Wall Street Journal, Deadline, Reuters, Los Angeles Times and Bloomberg

Derek Willis / The ProPublica Nerd Blog:

ProPublica relaunches Represent, a New York Times database project that tracked members, votes, and bills in Congress — A New Way to Keep an Eye on Who Represents You in Congress — Today ProPublica is launching a new interactive database that will help you keep track of the officials who represent you in Congress.

Discussion: @jacksmithiv, @brendagaylern, @derekwillis, @derekwillis, @derekwillis, @pilhofer and @derekwillis

Deron Lee / Columbia Journalism Review:

At Tulsa local news startup The Frontier, well-read paywalled stories get 3,500 unique views, and the membership goal is 750 at $30/month by summer's end — Will readers pay for local news? A digital startup in Tulsa bets that they will — The founding staff of The Frontier, a for-profit, investigative online startup in Tulsa.

Discussion: @arossback

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Peter Sterne / Politico:
Tax returns for Gawker Media, LLC disclosed during Hogan trial show a loss of $120K in 2012 on $25.6M in revenue, and shed light on corporate structure

Discussion: @petersterne, @raju and @petersterne

Dan Bilefsky / New York Times:
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Discussion: Fortune, @cyrusshepard, @moorehn, @erikmal, @mekosoff, @cassandrarules, @mattyglesias, @ibogost, @ainekerr, @gayatri__j, @emmaroller and @mayalau

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From Techmeme:

Mark Gurman / Bloomberg:
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Kyle Wiggers / TechCrunch:
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Financial Times:
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