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
Discussion:
New York Times, Ad Age, Adweek, MediaPost, @brianstelter, LostRemote, Fortune, /Film, Light Reading, @nytimes, VideoNuze Analysis, Guardian, Media Life Magazine, AppAdvice.com Latest, AppleInsider, BGR, The Wrap, MacRumors, Deadline, TIME, New York Magazine, TechCrunch, Vanity Fair, Home Media Magazine, Business Insider, Engadget, @poniewozik, Fast Company, The Week, @asharma, @jsnell, @edmundlee, @jbflint and Re/code
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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 Fast Company
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:
The Wrap
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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
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.
Discussion:
TheStreet.com, Talking New Media and LA Weekly
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, The Wrap, @shansquared and @laurahazardowen
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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:
Nieman Lab, Re/code, Fortune, Digiday, Talking New Media, @laurahazardowen, @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, CNNMoney, The Wrap, Re/code, New York Magazine, Mashable, The Daily Caller and PWTorch
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
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, Deadline, Wall Street Journal, Reuters, Los Angeles Times and Bloomberg
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
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:
VentureBeat, Re/code, @sacca, TechCrunch, Forbes and The Wrap
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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