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2:30 PM ET, May 20, 2016

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Verizon and others are expected to bid $2B to $3B for Yahoo's core business, less than $4B to $8B figure reported earlier  —  Most of previous bids for core business came in the range of $4 billion and $8 billion; bids are due first week of June  —  Verizon Communications Inc …
Ryan J. Reilly / The Huffington Post:
Reporter's nine-month battle with St. Louis County's broken justice system was punishment on its own  —  St. Louis County authorities finally agreed on Thursday to drop charges they filed against Washington Post reporter Wesley Lowery and me in connection with our unlawful arrests in Ferguson on Aug. 13, 2014.
RELATED:
Niraj Chokshi / Washington Post:
Ferguson-related charges dropped against Washington Post and Huffington Post reporters  —  Missouri's St. Louis County has agreed to drop charges against a pair of reporters who were arrested in 2014 while covering protests in Ferguson, Mo., concluding a nearly two-year-long drama that unfolded …
Robert Cookson / Financial Times:
UK trade body BPI says song plays through platforms like YouTube nearly doubled in 2015 but revenue rose less than 1%, generating less income than vinyl sales  —  The UK record industry has launched a barrage of criticism against YouTube, claiming the video streaming service makes even less money for labels than sales of vinyl.
David Wertime / Foreign Policy:
Study: 488M, or 1 of every 178 posts, on China's social media each year come from pro-government propagandists  —  New research exposes a “massive secretive operation” to fill China's internet with propaganda.  —  They are the most hated group in Chinese cyberspace.
Financial Times:
EU to propose rule that video streaming services like Netflix and Amazon Prime have 20% EU content in catalog  —  Netflix and Amazon's video streaming services could be forced to devote “at least” 20 per cent of their catalogues to European films and TV shows as part of an overhaul of the EU's broadcasting rules.
Alex Hern / Guardian:
Google takes right to be forgotten battle to France's highest court  —  Company is appealing against decision by French data protection authority to apply search-results ruling to all its domains  —  Google is appealing to France's highest court over a legal ruling that could require …
Brian Stelter / CNNMoney:
Morley Safer, longest serving 60 Minutes correspondent in show's history, dies at 84, one week after retiring  —  Morley Safer, an intrepid storyteller and interviewer whose name became synonymous with the newsmagazine “60 Minutes,” has died.  He was 84.  —  Safer was the longest-serving correspondent in “60 Minutes” history.
Glenn Beck:
Complaints from conservatives at Facebook meeting sounded like requests for “affirmative action for conservatives”  —  Yesterday, I had an opportunity to meet with some of the senior staff at Facebook, including the CEO and COO.  I found the meeting deeply disturbing — but not for the reasons you might think.
RELATED:
Zeynep Tufekci / New York Times:
Facebook is biased not against Conservatives, but in favor of content its algorithms decide is engaging
Max Willens / International Business Times:
Rhapsody's free VR app for iOS and Android offers access to 360-degree videos from music concerts  —  In its quest to stay in the streaming music race, Rhapsody is going virtual.  The service said Thursday that it has debuted a virtual reality app, Rhapsody VR, which allows users …
Ken Doctor / Politico:
Source: Tribune Publishing Chairman Michael Ferro told LA Times sales staffers he's working on a bid for Gannett  —  Tribune Publishing chairman Michael Ferro hasn't said much in public since Gannett, the largest newspaper company in the U.S., went public with its hostile takeover bid for his company.
 
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 More News: 
Robert Cookson / Financial Times:
Jihadi propaganda website, Arrahmah.com, had been making money through Google Adsense ads and other intermediaries
Laura Hazard Owen / Nieman Lab:
Interview with PBS Frontline executive producer Raney Aronson on connecting with audiences, Facebook-first short films, and shifting to digital
Mădălina Ciobanu / Journalism.co.uk:
Creative Diversity Network collaborates with UK broadcasters to create Project Diamond, an initiative monitoring on/off-screen diversity in the media industry
Joe Pompeo / Politico:
The Village Voice names ex-Adweek executive Suzan Gursoy as its publisher, ahead of what it describes as an “extensive relaunch” next year
Discussion: New York Post, Cision and FishbowlNY
 Earlier Picks: 
Jon Russell / TechCrunch:
FactorDaily raises $1M to build consumer tech publication for India, round led by Accel; will focus on four core coverage areas
Discussion: MediaNama
Mike Shields / Wall Street Journal:
Following NewFront events, executives debate how to compare web video ratings to TV's
Roberto Baldwin / Engadget:
New interactive map from Facebook allows users to find live videos from different countries
Discussion: The Next Web
Adi Robertson / The Verge:
Google unveils Daydream, its Android VR platform, with partners including NYT, WSJ, Netflix, HBO, IMAX, NBA; first Daydream-ready devices expected this fall