Top News:
Peter Elkind / Fortune:
Sources: Sumner Redstone ousts Viacom CEO Philippe Dauman and director George Abrams as trustees of entity that will control Viacom and CBS — Sumner Redstone, it seems, has at least one power move left in him—and he appears to be using it to benefit his daughter, Shari.
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Scott Collins / The Wrap:
Viacom: Move to Oust Philippe Dauman ‘Extremely Disrupting and Damaging’ — The war over the fate of Viacom continues to intensify, with the media conglomerate blasting efforts to remove the CEO from a trust that could control the fate of the company. — Late Friday, Viacom boss Sumner Redstone …
Discussion:
Fortune
Mike Isaac / New York Times:
Current and former workers say Facebook Trending Topics group was ill-managed, relied on personal news judgment, had no intentional, institutional bias — SAN FRANCISCO — Last July, in a seventh-floor conference room at Facebook's Lower Manhattan offices, a small group met to discuss the future of news media on the social network.
Nick Madigan / New York Times:
A look back at the abrupt end to The Tampa Tribune after a protracted war with The Tampa Bay Times — TAMPA, Fla. — A pair of 18-wheel rigs waited outside the former printing plant of The Tampa Tribune on a recent afternoon. Workers were busy dismantling machinery and hauling it away, preparing for the building's demolition.
Discussion:
@staceyshick
Stassa Edwards / Jezebel:
Reaction to a horrid post on xoJane about an ex-friend's death reveals nasty formula fueling personal essays — On Thursday, xoJane published an essay titled “My Former Friend's Death Was a Blessing,” which outlines a series of petty grievances with a woman who, the piece reveals, later committed suicide.
Jasper Jackson / Guardian:
Walt Disney under pressure to stop Vice Media making tobacco ads — Campaigners target Frozen and The Jungle Book maker, which owns about 10% of youth-focussed media company — Anti-tobacco campaigners are pressuring Walt Disney to use its $400m (£274m) stake in Vice Media to stop …
Discussion:
@tobaccofreekids and @mattgarrahan
Bloomberg:
Sources: China proposes acquiring stakes and board seats in country's online video companies to increase control — Government plan said to including stakes, board seats — China's Communist Party tightening grip over online content — China's media regulator is proposing online video …
Daria Sukharchuk / Journalism.co.uk:
Inside Agência Pública, the Brazilian investigative journalism agency led by women — Co-founder Natalia Viana shares insights into what it's like to work with a majority-female investigative team in Brazil — Credit: Image by armandolobos on Flickr. Some rights reserved.
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.
Discussion:
New York Times, Guardian, @danielmmoore, London Evening Standard, gigwise.com, CNET, NME, Digital Spy, Wired.co.uk, newstalk.com, @deerhoof, @alarmwillsound, @digitalspy, Quartz, @thesidsmith, The Drum, TorrentFreak, Guardian, International Business Times, Mashable, BBC, allmediascotland, BBC, gizmodo, Music Ally, BreakingNews.ie, The Independent and Telecompaper
Shan Wang / Nieman Lab:
The Hindustan Times is working to build the definitive online source of real-time air quality in all of India — A recent World Bank report on South Asian development handed Delhi the undesirable title of the “world's most polluted city,” with recorded air pollution levels three times higher than those in Beijing.
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 …
Discussion:
Business Insider, Fortune, Los Angeles Times, Investor's Business Daily, Tech Trader Daily, Recode, New York Times, USA Today, Variety, @edmundlee, @pkafka, @karaswisher, @cnbcnow, Silicon Valley Business …, FishbowlNY, Deadline, Investor's Business Daily, The Next Web, CNBC, Vanity Fair, CNET, Fortune, International Business Times, City A.M., FX News Call and Forbes
Michael Calderone / The Huffington Post:
National Rifle Association denies credentials to Guardian US reporter Lois Beckett on the grounds that her organization is a foreign media outlet — The gun rights organization is said to have barred access to foreign media outlets. — The National Rifle Association denied press credentials …
Discussion:
@loisbeckett, Guardian, @dangillmor, @loisbeckett and @txtianmiller
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