Top News:
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:
Coffee House, Trinity Mirror plc, Guardian, Guardian, CNNMoney, BBC, WWD, Yahoo! Finance, The Independent, Voice of America, Telegraph, Sky News, Business Insider, BBC, Magforum, marketingmagazine.co.uk, Fourth estate follies, PrintWeek, The Times & The Sunday Times, Crikey, TheJournal.ie, The Times & The Sunday Times, City A.M., Fresh Business Thinking, The Huffington Post, Press Gazette, The Standard, themediablog.co.uk, The Drum, Bloomberg, @alexgspence, Sky News, ITV, London Evening Standard, Author stories, Metro.co.uk, ITV, Mirror.co.uk, Digital Spy, Sky News, International Business Times, City A.M., PRWeek, Wall Street Journal, Help, The Huffington Post, Telegraph, campaignlive.co.uk, campaignlive.co.uk, @marksweney, Mashable, Featured Articles, The Drum, The Drum, The Independent, The Independent, campaignlive.co.uk, Guardian, City A.M., @adders, @chuckthomasuk, @mathewi, Politico, mUmBRELLA, Financial Times, Guardian, @scottygb, @markwatts_1, @janemartinson, @bethrigby, @betheleri, @cjsnowdon, @patrickwintour, @danlevene, @rupertmyers, @petersands55, Press Gazette, The Drum and Editor & Publisher
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Roy Greenslade / Guardian:
New Day failed because of unclear pricing, early deadlines, and a timid launch on the cheap with little staff investment — Why The New Day didn't work... and had no hope of working — The New Day's demise is no surprise. A couple of weeks after its launch I blurted out at a Media Society seminar …
Discussion:
Press Gazette, The New Day, @johnnypaige, @tucker5law, @alexkeysjackson, @grahambond, @rhysdgriffiths, @borkowskido, EngageSciences, Newsweek and Guardian
Pew Research Center:
Study: readers spend an average of two minutes on 1K words and longer articles on mobile, traffic from Twitter leads to longer engagement than from Facebook — Long-Form Reading Shows Signs of Life in Our Mobile News World — In recent years, the news media have followed their audience's lead …
Discussion:
Nieman Lab, SocialTimes, Quartz, FishbowlDC, FishbowlNY, Journalism.org, Washington Post, Agence France-Presse, @moorehn, Mashable, @digiphile, @sarahjeong and Poynter
Gerry Smith / Bloomberg:
The New York Times and Chef'd partner to deliver ingredients used in NYT Cooking recipes starting this summer — New York Times to Start Delivering Meal Kits to Your Home — Times partners with Chef'd to drop off ingredients for recipes — Publisher is seeking new revenue sources as print declines
Rishika Sadam / Reuters:
Time Inc Q1: digital ad revenue up 23.2% helped by digital acquisitions, total revenue up slightly to $690M — Time Inc revenue rises as digital acquisitions pay — Magazine publisher Time Inc's quarterly revenue rose for the first time in six quarters, helped by acquisitions in its digital business.
Discussion:
The Wrap, Folio, AdExchanger, MarketWatch, Business Wire, Digital Journal and @carlquintanilla
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Jeffrey A. Trachtenberg / Wall Street Journal:
Time Inc. announces People/Entertainment Weekly network, a free, ad-supported streaming service to launch in fall, focused on lifestyle and celebrities — Time Inc. to Launch People/Entertainment Weekly Streaming Network — Free, ad-supported network aims to launch in the fall and is still negotiating with distributors
Discussion:
TechCrunch, Deadline, Los Angeles Times, EW.com, TimeInc.com Official Website and Bloomberg
Josh Constine / TechCrunch:
Periscope public beta allows users to permanently save broadcasts by typing #save in title of stream — Periscope mimics FB Live by letting you permanently #Save replays — Periscope added its biggest missing feature today in a move that could make it more palatable to brands and social stars …
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
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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).
Discussion:
Journalism.co.uk
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 …
Discussion:
Digital Content Next
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:
Washington Post, @insidecablenews, @mlcalderone, Talking Points Memo, Mediaite, The Huffington Post, @jackmirkinson, @passantino and @nycjim
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, American Press Institute, @ryanchittum, @jbenton, @shansquared, @jbenton and Tampa Bay Times
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:
@jbenton, @knottyyarn, @vulture, @straycarnivore, @jennydeluxe, @chelseagsummers, @mattdpearce, Vox and The Millions
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