Top News:
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 just two months after launch — Publisher Trinity Mirror to announce closure of experimental national newspaper after sales fall to around 30,000 copies
Discussion:
Featured Articles, @adders, @cjsnowdon, @betheleri, @chuckthomasuk, @scottygb, @markwatts_1, @janemartinson, @patrickwintour and @mrsteerpike
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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, The Drum, mUmBRELLA, Politico, Guardian, @danlevene, @mathewi, @rupertmyers and City A.M.
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, Variety, Fortune, @robertfeder, @mattdpearce, WWD, @benmullin, CNNMoney, Business Insider and Politico
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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, The Wrap and Talking New Media
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, @rar, @ckrewson, @siddhmi, @poynter, @joepompeo and Poynter
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, MediaNama, MyBroadband, Light Reading, Ubergizmo, Fast Company, Pocket-lint, Digital Trends, BGR, New York Magazine, Vanity Fair, Engadget, TechSpot, AppleInsider, Variety, MacRumors, Tech Insider, Daily Mail, 9to5Google, Fortune, The Wrap, The Verge, @jasoninquires, The Next Web, @shaliniwsj, @peterlauria3, Mashable, @mathewi, @alistairmbarr and Los Angeles Times
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 …
Discussion:
@ryanchittum, @jbenton, @shansquared, @jbenton, Miami New Times, Tampa Bay Times, City A.M., New York Times, New York Post, Reuters, Sonoran Weekly Review, MarketWatch and Bloomberg
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Richard Danielson / Tampa Bay Times:
Tampa Bay Times borrowed $13.3 million to finance Tribune purchase
Tampa Bay Times borrowed $13.3 million to finance Tribune purchase
Discussion:
DRaysBay, Associated Press, Poynter, Tampa Bay Times and USA Today
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, @nycjim and @passantino
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 Confirms Plans for Cable-Like Online TV Service — Streaming service says it's approaching 12 million subscribers
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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
Q&A with Hulu CEO Mike Hopkins on live and recorded programming, rivalries with Netflix and Amazon, and commercial-free viewing
Discussion:
CNBC, Broadcasting & Cable, Mashable, Fortune, VideoNuze Analysis, Awful Announcing, The Verge, Gizmodo, Multichannel News, The Wrap, TechCrunch, Adweek, Business Insider, @nytimesbusiness and Bloomberg
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
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, @penelopejones, Broadcasting & Cable, Ad Age and WWD
Corey Hutchins / Columbia Journalism Review:
Charleston's family-owned The Post and Courier buys alt-weekly Free Times in Columbia, SC, hires McClatchy political reporter as editor, continuing expansion — South Carolina's top daily buys an alt-weekly in the state capital — Another alternative weekly has been purchased by a big daily …
Shan Wang / Nieman Lab:
With a scripted daily comedy news show, Mic looks to add a little late night TV to the social video mold — None of my friends own (working) TVs. Left-leaning, smartphone-toting, annoyingly predictable content consumers that we are, we're instead constantly emailing each other links to clips …
Glenn Peoples / Billboard:
iHeartMedia revenue rises 4.1% in Q1 to $1.4B, and registered users of digital radio up 33% to 85M in April; firm plans to be “proactive” in selling assets — iHeartMedia's Debt Interest — Over a Half a Billion In First Quarter — Drags Earnings — EMAIL ME
Discussion:
iHeartMedia, Inc.
Mark Gurman / 9to5Mac:
Sources: Apple Music revamp will bring black and white UI, “huge artwork”, and lyrics integration; new version launches via iOS 10 beta this summer — Apple Music's iOS 10 overhaul detailed: black & white UI, ‘huge artwork’, lyrics integration — Nearly a year after Apple …
Discussion:
Ubergizmo, Pocket-lint, AppleInsider, Tech Insider, VentureBeat, The Verge, Business Insider and Engadget
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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
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
Discussion:
Daring Fireball, Digital Trends, Guardian, 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, FACT Magazine, Business Insider, Digital Trends, HYPEBEAST, AppleInsider, BGR, @sterlewine, Fortune, @bmccandless, ZDNet and Ubergizmo