Top 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).
Discussion:
medium.com, Poynter, Knight Foundation, Knight Foundation, @poynter, @jcstearns, @knightfdn, @ejimbo_com, Medium, The Rural Blog, Medium and Medium
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 …
Discussion:
@rafat, Reuters, The Star Online and Bloomberg
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Ellen Emmerentze Jervell / Wall Street Journal:
Axel Springer CEO Mathias Döpfner wants to become the leading US digital publisher; company now has minority stake in 12 companies — Chief Executive Mathias Döpfner wants company to become the No. 1 digital publisher in every market it enters — BERLIN—German media giant Axel Springer SE …
Hank Green / Recode:
Vlogger Hank Green responds to Irving Azoff's open letter to YouTube, says the platform protects needs of independent creators from multinational companies — Dear Irving Azoff: Being on YouTube is good for artists and record labels, and everybody knows it.
Discussion:
Tubefilter, Billboard, @irvingazoff, Music Ally and The Wrap
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
Sahil Patel / Digiday:
Hearst plans Snapchat Discover pop-up channels for Seventeen, Elle, and Harper's Bazaar — Snapchat users perusing the app's Discover section the last three weeks might have periodically noticed a prom-themed channel pop up from Hearst-owned Seventeen magazine.
Discussion:
FishbowlNY
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
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 …
Discussion:
The Verge, Columbia Journalism Review, New York Times, Recode, CNNMoney, Vox, New York Times, US News, The Federalist, Quartz, Slate, The Hill, Fusion, Whither news?, the Econsultancy blog, Techdirt, Fortune, Editor & Publisher, The Daily Caller, Guardian, The Drum, Commentary : NPR, USA Today, The Huffington Post, Peter O'Kelly's Reality Check, The Loop, NBC News, The Wrap, NPR, Mediaite, TIME, Tom Stocky, Broadcasting & Cable, NPR, Om Malik, Journalism News, National Review, @popehat, @scalzi and Engadget
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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 …
Discussion:
PR Newswire, @niemanlab and Journalism.co.uk
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.
Discussion:
Guardian, New York Times, New York Times and The Wrap
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 — Feat is rare achievement in age of rapid streaming growth, declining sales of downloads and CDs — Hip-hop star Drake sold more than one million copies of his new album …
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 …
Discussion:
Wired, Broadcasting & Cable, RAIN News, Business Wire, The Verge, hypebot, Bloomberg, Tubefilter, Washington Post, FierceCable, ZDNet, International Business Times, MediaNama, Digiday, The Wrap, Talking New Media, AppAdvice.com Latest, Refinery29, Peter O'Kelly's Reality Check, BetaNews, Gear Patrol, Gizmodo, Home Media Magazine, AppleInsider, Polygon and Fortune