Top News:
Business Wire:
Tribune Publishing board unanimously rejects Gannett offer, says it understates firm's value — Tribune Publishing's Board Unanimously Rejects Gannett's Unsolicited Proposal — Opportunistic Proposal Understates the Company's True Value and Is Not in the Best Interest of Shareholders
Discussion:
FishbowlNY, WWD, CNNMoney, Variety, @robertfeder, @mattdpearce, @benmullin, Business Insider, Fortune and Politico
RELATED:
Roger Yu / USA Today:
As Tribune Publishing swings to loss in Q1, analyst Ken Doctor says revenue numbers favor Gannett's bid but negotiations will likely be a test of wills — Tribune Publishing posts $6.5M of Q1 loss on ad sales drop, higher costs — Tribune Publishing, which owns the Los Angeles Times …
Discussion:
investor.tribpub.com, Talking New Media and The Wrap
Poynter:
Tribune Publishing CEO Justin Dearborn announces plans for seven new foreign bureaus in “entertainment oriented” cities — Tribune Publishing outlines plan to expand Los Angeles Times globally — Tribune Publishing CEO Justin Dearborn on Wednesday traced the contours …
Discussion:
Politico, @howardowens, @ckrewson, @siddhmi, @rar, @poynter, @joepompeo and Poynter
Mark Sweney / Guardian:
Trinity Mirror execs face investor questions Thursday as The New Day misses print sales goal of 200K, instead selling closer to 30K — Trinity Mirror shares hit three-year low ahead of AGM — Publisher's top executives face grilling over The New Day and phone-hacking payouts at investor meeting on Thursday
Discussion:
Coffee House, @danlevene, Guardian, mUmBRELLA, @mathewi, @rupertmyers and City A.M.
RELATED:
Mark Sweney / Guardian:
Sources: Trinity Mirror's The New Day to close 2 months after launch; last issue on Friday — The New Day newspaper to shut only two months after launch — Publisher Trinity Mirror to announce closure of experimental national newspaper after sales fall to around 30,000 copies
Discussion:
@betheleri, @cjsnowdon, @chuckthomasuk, @scottygb, @markwatts_1, @janemartinson, @patrickwintour, @mrsteerpike and Politico
Bloomberg:
Sources: YouTube working on Unplugged, a subscription service offering cable channels over the Internet, expected to debut 2017 — YouTube Said to Plan ‘Unplugged’ Online TV Service for 2017 — Google has been plotting a web TV service since 2012 — Large media companies CBS, Fox, Comcast haven't signed up
Discussion:
Variety, Ubergizmo, BGR, Light Reading, New York Magazine, Vanity Fair, Digital Trends, Pocket-lint, Fast Company, AppleInsider, Engadget, Variety, TechSpot, MacRumors, Tech Insider, Daily Mail, 9to5Google, Fortune, The Wrap, @jasoninquires, The Next Web, @shaliniwsj, The Verge, @peterlauria3, @mathewi, @alistairmbarr, Mashable and Los Angeles Times
Bloomberg:
Sources: revamped Apple Music with more intuitive interface, expansion of online radio service, and more to debut at WWDC after mixed reviews and exec shakeup — Apple to Revamp Streaming Music Service After Mixed Reviews, Departures — Music service to get new interface at developers conference.
Discussion:
Guardian, Digital Trends, TechSpot, AppAdvice.com Latest, Daily Mail, Mashable, Tech Insider, Motherboard, RAIN News, AllAccess.com, Cult of Mac, CNBC, Computerworld, Billboard, CNET, Vulture, Macworld, TIME, Ars Technica, Quartz, USA Today, Variety, The Next Web, @joannastern, TechCrunch, Rolling Stone, hypebot, Business Insider, FACT Magazine, Digital Trends, HYPEBEAST, AppleInsider, BGR, @sterlewine, Fortune, @bmccandless, ZDNet, Ubergizmo, Gizmodo, 9to5Mac, Music Ally and The Verge
RELATED:
Emily Steel / New York Times:
Q&A with Hulu CEO Mike Hopkins on live and recorded programming, rivalries with Netflix and Amazon, and commercial-free viewing — Hulu Aims to Deliver What You Want to Watch Next — Imagine a television service that knows a viewer watches “Today” every morning and “The Daily Show With Trevor Noah” at night.
RELATED:
Shalini Ramachandran / Wall Street Journal:
Hulu CEO confirms live programming from broadcast and cable brands coming to subscribers in 2017, will include sports, news, and events
Hulu CEO confirms live programming from broadcast and cable brands coming to subscribers in 2017, will include sports, news, and events
Discussion:
Multichannel News
Jacob Kastrenakes / The Verge:
Hulu now has 12 million subscribers, but growth is slowing
Hulu now has 12 million subscribers, but growth is slowing
Discussion:
TechCrunch, CED, The Drum, Multichannel News, The Wrap and CNNMoney
Richard Danielson / Tampa Bay Times:
Tampa Bay Times borrowed $13.3 million to finance Tribune purchase — TAMPA — The Tampa Bay Times took on about $13.3 million in new debt just before it purchased its main competitor, the Tampa Tribune, according to a mortgage filed in Pinellas County. — 3 Months Ago 4 Months Ago 5 Months Ago
Discussion:
DRaysBay, Tampa Bay Times, USA Today, Associated Press and Poynter
RELATED:
Joshua Benton / Nieman Lab:
The Tampa Tribune's closure signals how the private equity formula of milking newspapers could play out in lots of cities — Tampa just lost a daily newspaper; is this the continuation of an old trend or the start of a new one? — I rewatched Page One not long ago — the documentary …
Shan Wang / Nieman Lab:
Vox Media creates a Snapchat Studio, and SB Nation is going bilingual with the help of Telemundo — Vox Media announced a bunch of new partnerships Wednesday (see: corporate synergy), including a new partnership between SB Nation and Telemundo to create “the first-ever mobile …
Discussion:
Adweek, Broadcasting & Cable, @penelopejones, Ad Age and WWD
Frederic Lardinois / TechCrunch:
Google enables HTTPS for all sites on its Blogspot domain, two years after Wordpress — Google enables HTTPS for all Blogspot sites — Google today made HTTPS connections the default for all of the sites on its Blogspot domain. — Google first enabled HTTPS for Blogspot last September, but at the time, it was an opt-in feature.
Michael M. Grynbaum / New York Times:
NBC relocated entire Nightly News to Trump Tower on Wednesday when Trump became apparent Republican nominee, will offer same to Democratic nominee — NBC Relocates ‘Nightly News’ to Trump Tower, for a Night — On the day that Donald J. Trump became the presumptive Republican nominee for president, NBC came to him.
Discussion:
@jackmirkinson, @passantino and @nycjim