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6:55 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:
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
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.
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 …
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
 
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Timothy Pratt / Columbia Journalism Review:
How one woman's ‘hyperlocal C-Span’ brings transparency to politics in Georgia
 Earlier Picks: 
Derek Willis / The ProPublica Nerd Blog:
ProPublica relaunches Represent, a New York Times database project that tracked members, votes, and bills in Congress