Top News:
Colin Stretch / Facebook Newsroom:
Facebook responds to GOP Sen. Thune on Trending Topics, says investigation found no systematic bias, cannot rule out unintentional bias, plans improvements — Last week we met with Chairman of the U.S. Senate Commerce Committee John Thune to describe our investigation in response …
Discussion:
Washington Post, Committee on Commerce …, @s_m_i, @zeynep, U.S. Senate Committee …, The Wrap, VentureBeat, Wall Street Journal, Mediaite, TechCrunch, Multichannel News, USA Today, Los Angeles Times, CNNMoney, New York Times, Guardian, Bloomberg, Politico, Quartz, CNET, Recode, Marketing Land, Reuters, @zeynep, @digiphile, Gizmodo, Business Insider, Variety, The Hill, Mother Jones, Fortune, The Verge, @brianstelter, @oliverdarcy and Mashable
Antoine Gara / Forbes:
New investor and biotech billionaire Patrick Soon-Shiong licenses 100+ “machine vision” and AI patents to Tribune Publishing and gives access to studio space — Tribune Publishing, owner of the Los Angeles Times and Chicago Tribune, does not want to merge with Gannett, publisher of USA Today.
RELATED:
Tribune Publising Co.:
Tribune receives $70.5M investment from Nant Capital to support transformation strategy, taking 12.9% stake; Nant founder to join Tribune board as Vice-Chairman — Tribune Publishing Co. (NYSE:TPUB) today announced that it has entered into an agreement under which it will receive …
Discussion:
The Wrap, New York Times, The San Diego Union …, @kdoctor, Reuters and Wall Street Journal
Brian Flood / The Wrap:
Tribune rejects Gannett's offer to buy; CEO Justin Dearborn says $15 per share for entire company is “clearly inadequate” — Tribune Publishing has rejected Gannett's revised takeover bid of $864 million, saying it's “not in the best interests of Tribune shareholders.”
Erik Wemple / Washington Post:
Washington Post management disputes methodology of NewsGuild study of the Post that found white male reporters out-earn others by average of 20% — One of the findings in a just-released salary analysis by the Washington-Baltimore NewsGuild could lift an eyebrow or two in journalistic circles …
Discussion:
New York Magazine, @dliebelson, @lauren_kelley, @arishapiro, @aurabogado, @katierogers, @sarahw, @anupkaphle, @pamelacolloff, @ishaantharoor and @wesleylowery
Todd Spangler / Variety:
Starting in September, Netflix will be exclusive US pay TV home for new releases from Disney, Marvel, Lucasfilm, and Pixar — Netflix's exclusive deal with Disney for pay-TV window rights to the Mouse House's movie titles in the U.S. will commence in September.
Discussion:
Netflix Media Center, The Verge, Engadget, The Huffington Post, CNET, TIME, E! Online, VentureBeat, Boing Boing and The Mary Sue
Joseph Lichterman / Nieman Lab:
BuzzFeed is building a New York-based team to experiment with news video — When you think of BuzzFeed video, you probably think of “27 Weird Things Guys Lie To Each Other About” or the Tasty recipe videos that have taken over your Facebook feed. — BuzzFeed has made a huge commitment …
Discussion:
@niemanlab and @buzzfeedben
Paul Bond / Hollywood Reporter:
Sumner Redstone Asks Court to Approve His Removal of Philippe Dauman From Trust — On Friday, Redstone removed the the Abrams and Viacom CEO Dauman, but the same day Dauman claimed that the 92-year-old billionaire “lacks the capacity to have taken these steps.”
Discussion:
Recode, Deadline, Broadcasting & Cable, @edmundlee, Bloomberg, CNNMoney and Deadline
RELATED:
Tim Ingham / Music Business Worldwide:
Filing shows in 2015 Spotify had $2.18B in revenue, losses of $194M, and 98% year-over-year ad revenue increase to $219M — Spotify brought in a whopping $2.18bn (€1.95bn) in revenues in 2015, growing its income by 80% in the year. — Net losses stood at a painful $194m (€173.1m) …
Discussion:
hypebot, @danprimack and Mashable
Jason Abbruzzese / Mashable:
NBC Sports announces a video livestreaming service, Playmaker Media, to compete with companies like MLB Advanced Media, with Olympic Committee as first client — NBC Sports has announced a new video livestreaming service called Playmaker Media, which will look to compete with companies …
Discussion:
NBC Sports Pressbox, SportsBusiness Daily and Awful Announcing
Tom Kludt / CNNMoney:
Michelle Fields, ex-Breitbart reporter allegedly assaulted by Donald Trump's campaign manager, joins the Huffington Post to cover the candidate's 2016 run — Michelle Fields, the conservative reporter who had Donald Trump's campaign manager charged with battery, has a new job.
Discussion:
The Daily Caller, New York Times, @mxmooney, @becketadams, @tomkludt, @brianstelter, FishbowlNY and Mediaite
Chris O'Shea / FishbowlNY:
Wenner Media launches digital-first only brand, gaming site Glixel; will soon be added to Rolling Stone site's culture vertical — Wenner Media is betting that video game culture is here to stay with the launch of Glixel, a site that will cover the world of gaming.
Discussion:
@pkafka
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