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2:50 PM ET, May 11, 2016

Mediagazer

 Top News: 
Michael Nunez / Gizmodo:
GOP Sen. Thune sends letter to Zuckerberg asking for more details about curation of Facebook's Trending Topics; Facebook says it looks forward to cooperating  —  The US Senate Commerce Committee—which has jurisdiction over media issues, consumer protection issues, and internet communication …
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Ben Thompson / Stratechery:
Facebook's News Feed reflects what we already like, with far more influence than curators of Trending Topics  —  I got my start writing for the student newspaper at the University of Wisconsin.1  —  What is interesting about that statement is that the appropriate follow-up question is “Which student newspaper?”
Poynter:
Poynter media ethicist Kelly McBride says Facebook has a responsibility to be more transparent about how it curates news
Shan Wang / Nieman Lab:
Knight Foundation report: users spend 5% of mobile time on news sites and apps, Reddit users spend five times as much time in Reddit app than any other news app  —  People read the news on their smartphones (duh).  They will even read longform (to a certain extent).
Ellen Emmerentze Jervell / Wall Street Journal:
Axel Springer Q1: revenue up 4.6% to €783.4 adjusted, digital contributed to 67% of earnings, profit up to €203.2M  —  Italy's Mediaset and France's JC Decaux report disappointing results  —  FRANKFURT—Shares in Axel Springer SE fell sharply Wednesday despite it reporting …
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Reuters:
German court rejects Turkish president Erdogan's request to ban Axel Springer CEO Mathias Doepfner from repeating derogatory term; appeal possible
Mădălina Ciobanu / Journalism.co.uk:
Seven months after launch, El Español finds it challenging to pursue both high traffic and subscriptions  —  Web traffic to the crowdfunded media outlet is higher than expected, says co-founder María Ramírez, but subscriptions are not keeping up  —  Credit: Screenshot of El Español
Jacob Pramuk / CNBC:
Disney reports Q2 earnings of $1.36 a share, below estimates, and $13B in revenue; stock down over 5%  —  Media giant Walt Disney posted quarterly earnings Tuesday that fell short of Wall Street's expectations.  —  The company reported adjusted earnings of $1.36 per share on $12.97 billion …
Kevin Draper / Gawker:
As digital sites woo advertisers, they conflate metrics for digital video viewership and traditional TV  —  We are, right now, in the midst of a digital media upheaval.  What was previously conventional wisdom—that a media company with hopes of turning a profit needs, above all, to achieve scale—is being proven false.
Paul Dallison / Politico:
Bloomberg gave $362,000 to keep Britain in European Union  —  BRUSSELS — Media giant Bloomberg gave $361,675 to the campaign fighting to keep Britain in the European Union, according to a watchdog that regulates election financing.  —  The donation, which the Electoral Commission listed as being in cash …
Discussion: @miriamelder
Peter Kafka / Recode:
Ripple.co launches out of beta, targets big cities with news feeds and contributed posts  —  Viki founder Razmig Hovaghimian launches a “city-focused news platform.”  —  The internet is a good place to learn lots of things.  What's happening in your neighborhood is not one of them …
Oliver Roeder / FiveThirtyEight:
USA Today and Gannett sever ties with Timothy Parker, crossword puzzle editor accused of plagiarism  —  USA Today has permanently severed ties with the longtime editor of its crossword puzzle, Timothy Parker, after allegations of plagiarism by Parker were investigated by FiveThirtyEight.
Todd Spangler / Variety:
Amazon unveils Amazon Video Direct, open to any video creator, with four ways to earn money: per-hour royalty, add-on subs, digital rent/sale, or ad-supported  —  Initial partners include Conde Nast, Samuel Goldwyn Films, Machinima, StyleHaul  —  Amazon, which touts itself as Earth's biggest store …
 
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Hannah Karp / Wall Street Journal:
How a presence on Beats 1, heavy promotion on iTunes, and a TV ad campaign helped Drake reach 1M album sales in a week
AAP:
Fairfax and APN confirm they are in preliminary discussions to merge their New Zealand operations by year end
Chris Welch / The Verge:
ESPN settles lawsuit with Verizon over ‘skinny’ FiOS cable bundle
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