Top News:
Forbes:
Sources: Peter Thiel has played a lead role in bankrolling Hulk Hogan's lawsuits against Gawker Media — One of Silicon Valley's best-known investors has been footing a former wrestler's legal bills in lawsuits against a shared enemy. — Peter Thiel, a PayPal cofounder and one of the earliest backers …
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Alan Rappeport / New York Times:
Over 400 writers including Stephen King, Dave Eggers, Amy Tan, and Cheryl Strayed release online letter opposing Trump — Donald J. Trump has been working to mend fences with many of his detractors, but among literary luminaries it is looking like it will be a tough sell.
Discussion:
iPetitions, Literary Hub, GalleyCat, Newser, Hit & Run, BuzzFeed, The Daily Caller, Bookseller News, The Huffington Post, Telegraph, Los Angeles Times, EW.com, San Francisco Chronicle, Mashable, New York Magazine, The Week, @buzzfeedbooks, @dzancbooks, @cshirky, The Awl. — Medium, @sarah_smarsh, @cherylstrayed, Jezebel, Mediaite and @pronounced_ing
Katie Rogers / New York Times:
The New York Times announces it will offer buyout packages to newsroom and business department employees at the end of the month — The New York Times will offer voluntary buyout packages to members of the newsroom and several business departments at the end of the month, the company announced on Wednesday.
Discussion:
Politico, The Huffington Post, USA Today, FishbowlNY, @cwarzel, @jeremymbarr, @mlcalderone, @katierogers, @brianstelter, @brianstelter, @pkafka and @pkafka
Hadas Gold / Politico:
Source: Josh Tyrangiel promoted at Vice Media to oversee company's entire news division; 15 digital producers, writers and editors laid off — Josh Tyrangiel is being promoted at Vice Media to oversee the company's entire news division, as part of a reorganization that will see around 15 …
Discussion:
CNNMoney, Poynter, Variety, Media Wire Daily, @elanazak, Talking New Media, FishbowlNY, Editor & Publisher, Business Insider, Wall Street Journal, New York Post, International Business Times, Phys.org, The Huffington Post, Recode, Folio, The Wrap, The Drum, Mediaite, Guardian and @harrietsalem
Dylan Byers / CNNMoney:
Industry observers and some staff believe BuzzFeed will eventually curtail news to focus on more profitable video and entertainment — Early last year, BuzzFeed CEO Jonah Peretti wrote a blog post titled “Why BuzzFeed Does News,” a battle cry for journalism that had the unintended effect of unnerving some members of the news division.
Discussion:
Newsmax, @gregorydjohnsen, The Interrobang, @peterlauria3, @dylanbyers, @paulxharris, @eliasisquith and @petersterne
Alex Spence / Politico:
Washington Post targets Europe with expanded Global Opinions section, additional regions to be added in coming months — The Washington Post, resurgent under the ownership of Amazon's Jeff Bezos, is expanding in Europe as part of a drive for more readers outside its home market.
Discussion:
Washington Post
Lukas I. Alpert / Wall Street Journal:
Business Insider launches website for lifestyle vertical Insider after 10 months distributing content exclusively on social media platforms — Content designed to be distributed on social media platforms gets its own Web destination — In the fast-changing world of digital publishing, occasionally something old becomes new again.
Discussion:
FishbowlNY, Business Insider, INSIDER and Business Insider
Mark Scott / New York Times:
EU proposes new rules to protect minors, combat hate speech, and mandate that video streaming services have 20% European content — How do you say “House of Cards” in French? Under new European proposals, you may soon find out. — That's because European officials announced on Wednesday …
Discussion:
EU Press Room, Hollywood Reporter, EU Press Room, TechCrunch, VentureBeat, The Hill, Engadget, Guardian, Hollywood Reporter, Agence France-Presse, BBC, Daily Express, Politico, Reuters, Channel NewsAsia, Motley Fool, International Business Times, Business Insider, Financial Times, Variety, The Verge and Fortune
Lisa Campbell / Bookseller News:
Waterstones outsources its e-books business to Rakuten's Kobo, effective June 14 — Waterstones is to stop selling e-books from its website and instead divert customers to Kobo's reading platform for digital sales. — The chain book store will begin informing customers of the change …
Discussion:
TechCrunch, Bookseller News, Engadget, TrustedReviews, Good E-Reader, Bitterwallet, SEENIT, Featured Articles and Talking New Media
New York Times:
ELeague debuts on Turner's TBS on Friday night, targeting the large, young, mostly male audience of esports and adding announcers, player interviews — The world of competitive video game sports has moved to the mainstream without much help from television. More than ever, though, television wants to get into the action.
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Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Discussion:
VentureBeat and Forbes
Gene Maddaus / Variety:
In internal email late Tuesday, Viacom CEO Philippe Dauman reassures employees, reiterates intent to sell part of Paramount — Viacom CEO Philippe Dauman sent an email late Tuesday to all employees seeking to reassure them about the state of the company. The email, obtained exclusively by Variety …
Discussion:
The Daily Beast, Bloomberg, Hollywood Reporter, New York Post and The Wrap
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Adi Robertson / The Verge:
Amazon's Comixology launching subscription service for digital comics selections from major indie presses at $5.99/month, not including Marvel or DC comics — Comixology is launching a subscription service that will offer readers “thousands” of digital comics for $5.99 a month.
Discussion:
Comic Book Resources, Gear Patrol, Publishers Weekly and Tech Insider
Radio Free Europe/Radio Liberty:
Azerbaijan orders release of Radio Free Europe/Radio Liberty journalist Khadija Ismayilova on suspended sentence — Azerbaijan's Supreme Court has ordered that RFE/RL journalist Khadija Ismayilova be released from custody after reducing her prison term from 7 1/2 years in custody to a suspended term of 3 1/2 years.