Top News:
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
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Nicola Clark / New York Times:
New Day, British Newspaper That Shunned Web, Will Close After 10 Weeks — PARIS — “Life is short,” read the slogan of The New Day, Britain's youngest national newspaper. “Let's live it well.” — Unfortunately for the publication, the first half of its slogan proved prophetic.
Discussion:
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Tribune Publishing Co.:
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:
Chicago Tribune, The Wrap, New York Times, Media Wire Daily, Reuters, BBC, Daily Herald, Chicago Business, Wall Street Journal, Associated Press, Reuters, FishbowlNY, Talking New Media, Business Insider, Variety, WWD, Fortune, @robertfeder, @mattdpearce, @benmullin, CNNMoney and Politico
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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:
Poynter, Politico, Deadline, @howardowens, @rar, @ckrewson, @siddhmi, @poynter and @joepompeo
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 Biz News and The Wrap
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:
TVNewser, Talking Points Memo, @jackmirkinson, @passantino, @nycjim and The Huffington Post
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:
10NEWS, @ryanchittum, @jbenton, @shansquared, @jbenton and Miami New Times
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Richard Danielson / Tampa Bay Times:
Tampa Bay Times borrowed $13.3 million to finance Tribune purchase
Discussion:
Reynolds Center, DRaysBay and Associated Press
Dominic Ponsford / Press Gazette:
Independent grows digital editorial team to 90 and website said to be in profit already — The Independent revealed today that its digital editorial team has now grown to 90 (double its size before the closure of the Independent print editions at the end of March).
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:
Fast Company, Variety, MyBroadband, Ubergizmo, MediaNama, Light Reading, The Drum, Pocket-lint, Digital Trends, New York Magazine, Vanity Fair, Engadget, BGR, TechSpot, AppleInsider, Variety, MacRumors, Tech Insider, Fortune, The Wrap, @jasoninquires, Daily Mail, 9to5Google, The Verge, @shaliniwsj, @peterlauria3, The Next Web, Mashable, @mathewi and @alistairmbarr
Boris Kachka / Vulture:
Q&A with Jessa Crispin on shutting down lit-blog Bookslut after 14 years of making no money, literary criticism, and maintaining intentional non-professionalism — 'I Just Don't Find American Literature Interesting': Lit-Blog Pioneer Jessa Crispin Closes Bookslut, Does Not Bite Tongue
Discussion:
@jennydeluxe, @knottyyarn, @vulture, @mattdpearce, Vox and The Millions
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 …
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