Top News:
Sydney Ember / New York Times:
New York Times reports $14M net loss for Q1 on revenue of $380M, down 1% YoY; digital-only subscription revenue up 14% to $54M, ad revenue down 7% to $140M — New York Times Co. Reports Loss as Its Digital Subscriber Base Grows — The New York Times Company reported a $14 million net loss …
Discussion:
Reuters, @jimmacmillan, @noahchestnut, @mattyglesias, @moorehn and @mathewi
RELATED:
Evan Hansen:
Medium Senior Editor Evan Hansen, Wired's former editor in chief, leaves after three years to become editor in chief at Periscope — Farewell Medium, Hello Periscope — A little over three years ago I was angling for a new job. In an attempt to impress with the local cuisine I took Kate Lee …
Discussion:
CNNMoney, Variety, @felixsalmon, SocialTimes, The Verge, @mikeisaac, @whatthebit, @chrispirillo, TechCrunch, Fortune, @corybe, @evanatmedium, @chrismessina, @brianstelter and @dangillmor
Keach Hagey / Wall Street Journal:
ESPN and Vice News team up to produce sports shows together and exchange content across TV and digital properties — Vice and ESPN Team Up to Produce Sports Shows — Partnership, which also involves swapping content, shows deepening relationship between Walt Disney Co. and Vice
Discussion:
Adweek, Variety, Broadcasting & Cable and Bloomberg
Shakeeb Asrar / USA Today:
World Press Freedom Day comes amid tough times for journalists — Verbal attacks by presidential candidates in the U.S., new security laws in Europe and increased surveillance of information are some of the new challenges journalists face today, media freedom advocates said on the eve of World Press Freedom Day.
Mathew Ingram / Fortune:
Digiday says it makes a seven-figure profit on eight-figure revenue that's growing 30-50% per year, and may spin out its in-house studio later this year — Digiday Shows There Is Money in Media if You Stay Focused — You might not have heard of an online publication called Digiday …
Discussion:
@daviduberti, @sbermo, @vikrantbhushan, @hale_a, @hale_a and @editorialiste
RELATED:
Benjamin Mullin / Poynter:
Digiday launches Glossy, a site dedicated to fashion and luxury
Digiday launches Glossy, a site dedicated to fashion and luxury
Discussion:
Nieman Lab, Digiday, Re/code, @catekustanczy, Talking New Media, @mathewi and @niemanlab
Sruthijith KK / India - The Huffington Post:
Sources: Quartz Managing Editor Bobby Ghosh to be named editor-In-chief of Hindustan Times, replacing Sanjoy Narayan — Sanjoy Narayan Is Leaving Hindustan Times, Bobby Ghosh To Be Named Editor-In-Chief — Aparisim ‘Bobby’ Ghosh, a seasoned foreign correspondent and editor …
Discussion:
@dhume, @fridaghitis, @indiawithin, @shantanu18 and Talking Biz News
Amol Sharma / Wall Street Journal:
Hulu Move Shows ‘Old’ Media's Urgency to Pioneer a ‘New’ Cable TV — In race to reinvent the bundle, traditional outfits step ahead of Google, Apple and Amazon — Consumers who are angry at the cost and inflexibility of cable TV have been waiting for someone — anyone — to come along and reinvent the business for the online world.
Discussion:
Digiday
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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
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
Discussion:
USA Today, Media Life Magazine, Pocket-lint, Polygon, AppAdvice.com Latest and New York Magazine
Daniel Holloway / Variety:
Source: NBCUniversal also in early talks with Hulu to join streaming bundle in early 2017
Source: NBCUniversal also in early talks with Hulu to join streaming bundle in early 2017
Discussion:
Hollywood Reporter and The Wrap
Chris Roush / Talking Biz News:
Business Insider names four people as executive editors, names two others as managing editors, promotes others — Business Insider names new editorial management — Business Insider co-founder and editor in chief Henry Blodget sent out the following announcement on Tuesday morning:
Discussion:
FishbowlNY, @whatthebit, @dangraziano and @fromedome
Lloyd Grove / The Daily Beast:
Interview with former British MP Louise Mensch, who has launched Heat Street, a right-leaning website from News Corp with 16 editorial and business staffers — The Woman Running Rupert Murdoch's ‘Gawker’ for the Right — The former Tory MP Louise Mensch is running Heat Street …
Emil Protalinski / VentureBeat:
Adblock Plus and Flattr launch a publisher payment system, Flattr Plus, which distributes payments among sites from a monthly budget after taking a 10% cut — Adblock Plus and Flattr's new project will let users automatically donate money to websites — Adblock Plus and Flattr today …
Discussion:
Nieman Lab, Fast Company, AdExchanger, Wall Street Journal, Wired, The Drum, Business Insider, Engadget, Business Wire, Fortune and TechCrunch
Jackie Spinner / Columbia Journalism Review:
In Chicago, two brothers are using Instagram to engage new audiences for investigative reporting — In early 2015, Jeff Kelly Lowenstein, a freelance investigative journalist, published a story in The Chicago Reporter about a reverse mortgage scheme that targeted elderly African-Americans on Chicago's south and west sides.
Discussion:
@dangillmor
Michael Calderone / The Huffington Post:
Center For Public Integrity Lays Off Two Reporters Amid Restructuring — The cutbacks come on the heels of the Center's international investigative project scoring major scoop with the Panama Papers. — The Center for Public Integrity laid off two reporters Friday and will not immediately …
Discussion:
@bgpublic
Brian Rohan / Associated Press:
Egypt's journalists' union calls for dismissal of interior minister, launches protests after detention of two journalists, Amr Badr and Mahmoud el-Sakka — Egypt journalists stage protest over police raid at union — CAIRO (AP) — Egypt's journalists' union called for the dismissal …
Discussion:
Wall Street Journal and Committee to Protect …
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:
Robert Feder, USA Today, The Wrap and @palewire
RELATED:
Brian Stelter / CNNMoney:
Tribune calls Gannett's appeal to stockholders a bid to ‘steal the company’
Tribune calls Gannett's appeal to stockholders a bid to ‘steal the company’
Discussion:
Talking New Media, TheStreet.com, Wall Street Journal and LA Weekly