Mediagazer: SoundCloud launches SoundCloud Go music subscription service in UK for £9.99 per month, and in Ireland for €9.99 per month (Harro Ten Wolde/Reuters)

5:40 AM ET, May 3, 2016

Top News:

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: @vikrantbhushan, @hale_a, @sbermo, @hale_a, Digiday and @editorialiste

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, Digiday, Talking New Media, @laurahazardowen, @jayrosen_nyu and @rafat

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: @felixsalmon, CNNMoney, @corybe, @mikeisaac, @evanatmedium, @chrispirillo, @chrismessina, @brianstelter, @dangillmor, TechCrunch and Fortune

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

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

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

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

Discussion: Gannett and Editor & Publisher

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, Fast Company, The Verge and Mashable

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

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

Discussion: Hollywood Reporter, The Wrap, Fast Company and The Week

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

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”

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, Re/code, New York Magazine, bookforum.com, Mashable, Newser, The Wrap, Rolling Stone, PWTorch and The Daily Caller

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.

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

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

Harro Ten Wolde / Reuters:

SoundCloud launches SoundCloud Go music subscription service in UK for £9.99 per month, and in Ireland for €9.99 per month — SoundCloud extends paid-for music streaming service to UK, Ireland — German online music start-up SoundCloud said on Tuesday it has expanded …

Discussion: TechCrunch, FACT Magazine, The Verge, Tech.eu, Variety, VentureBeat and Engadget

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Who's Hiring in Media?

Assistant Editor, NY — NYT

Sports Correspondent, Bengaluru — Reuters

Breaking News Editor, Toronto — Bloomberg

Texas Political Editor, TX — Courier Newsroom

Reporter I, Remote — APMG

Reporter, CO — Vail Daily

Senior Editor - NBC Select, NY — NBC

Digital Content Writer, Paris — LexisNexis

Editor-in-Chief, NY — Jewish Currents

Sr. Political Reporter, CA — Sacramento Bee

Editor, DC — The Argument

Data Reporter, TX — IRE

Local Editor, MD — Patch

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Senior Editor - Economy, NY — Business Insider

Sports/News Journalist, FL — Florida Press

Managing Editor, NY — Sportico

Multimedia Reporter, TX — Victoria Advocate

Deputy Food & Wine Editor, CA — SF Chronicle

Community News Reporter, IA — TCC

Congressional Reporter, DC — Semafor

Production Assistant, NY — Daily Beast

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Managing Editor, PA — Philadephia Tribune

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Ashley Cullins / Hollywood Reporter:
Sumner Redstone to Testify via Video at Health Care Trial

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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:
French legal dispute over freelancer's photo of Paris massacre victim could have implications for press freedom, say critics

Discussion: @nytimesworld and @danbilefsky

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

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

Earlier Picks:

Bloomberg:
A history of Marissa Mayer's tenure at Yahoo, and why her efforts haven't been enough to turn the company around

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

Timothy Pratt / Columbia Journalism Review:
How one woman's ‘hyperlocal C-Span’ brings transparency to politics in Georgia

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

From Techmeme:

Ian King / Bloomberg:
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently

Hartley Charlton / MacRumors:
Apple settles with a Brazilian regulator to allow alternative app stores; report: Apple will charge a 5% fee for alt app stores and 15% on App Store link-outs

Finian Hazen / MIT Technology Review:
An interview with Citizen Lab founder Ronald Deibert about the US adopting authoritarian digital practices, the research group's accomplishments, and more

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