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, Business Wire and @mathewi
RELATED:
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 …
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, @felixsalmon, @mikeisaac, The Verge, @chrispirillo, @whatthebit, The Drum, TechCrunch, Fortune, @corybe, @brianstelter, @evanatmedium, @chrismessina and @dangillmor
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, @editorialiste and Digiday
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, Re/code, Digiday, @catekustanczy, Talking New Media, @mathewi, @niemanlab, @laurahazardowen, @jayrosen_nyu and @rafat
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
RELATED:
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, Pocket-lint, Media Life Magazine, Polygon, Ad Age, AppAdvice.com Latest, New York Magazine, Adweek, LostRemote, VideoNuze Analysis, @nytimes, /Film, Guardian and Fortune
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
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:
Fast Company, Guardian, TechCrunch, Wired, Wall Street Journal, WebProNews, Business Wire, Engadget, Fortune, The Drum and Business Insider
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, LA Weekly and Wall Street Journal
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
Lloyd Grove / The Daily Beast:
Interview with former British MP Louise Mensch, who has launched Heat Street, a libertarian website backed by 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 …
Benjamin Mullin / Poynter:
New York magazine's Select All, led by ex-Gawker EIC Max Read, focuses on how gadgets, social networks, and apps affect the lives of a general audience — With Select All, New York wants to separate itself on the crowded tech beat — The internet isn't hurting for a lack of tech coverage.