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5:00 PM ET, May 2, 2016

Mediagazer

 Top News: 
Wall Street Journal:
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
RELATED:
Daniel Holloway / Variety:
Source: NBCUniversal also in early talks with Hulu to join streaming bundle in early 2017  —  NBCUniversal in Talks to Join Hulu Channel Bundle (EXCLUSIVE) … NBCUniversal is in talks with Hulu to join the streaming service's planned over-the-top offering of cable and broadcast channels, Variety has learned.
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 …
RELATED:
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’  —  Gannett is taking its bid for Tribune Publishing straight to Tribune shareholders.  —  A pair of steps announced on Monday are designed to put more pressure on Tribune's board, which is reviewing Gannett's acquisition offer.
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 …
RELATED:
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.
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.
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 …
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
Dan Bilefsky / New York Times:
French legal dispute over freelancer's photo of Paris massacre victim could have implications for press freedom, say critics  —  Photo of Paris Massacre Victim Sets Off Press Freedom Case  —  On Friday evening Nov. 13, Maya Vidon-White, like many Parisians, was dining with friends.
Discussion: @nytimesworld and @danbilefsky
 
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Derek Willis / The ProPublica Nerd Blog:
ProPublica relaunches Represent, a New York Times database project that tracked members, votes, and bills in Congress