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8:45 AM ET, May 24, 2016

Mediagazer

 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 …
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Thomas C. Rubin / Slate:
Facebook's Trending Topics Are None of the Senate's Business  —  What is Sen. John Thune doing trying to conduct oversight over the First Amendment?  —  When the story broke earlier this month that Facebook might be manipulating its “trending” news section to suppress conservative news, the reaction was quick and predictable.
Discussion: Fortune
Harrison Weber / VentureBeat:
Facebook buys VR audio company Two Big Ears and debuts “Facebook 360 Spatial Workstation”, a free software suite for designing spatial audio  —  Today Facebook announced it's acquired Two Big Ears, a spatial audio technology company, for an undisclosed sum.
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.
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 …
Josh Constine / TechCrunch:
Facebook's Continuous Live Video removes 90 min. limit on streams, but does not allow for replay or rewind, lets broadcasters target viewers by location and age  —  Live mobile video is evolving beyond selfie-stream rants and citizen journalism.  Facebook will now allow non-stop …
Andrew Ross Sorkin / New York Times:
Nick Denton speculates that Silicon Valley funding is behind Hulk Hogan lawsuit and two new cases against Gawker  —  At first, Nick Denton, the founder of Gawker Media, thought it an unlikely conspiracy theory.  —  Now, he's starting to believe it himself.
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:
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 …
Steven Perlberg / Wall Street Journal:
Swedish podcast app and ad network Acast launches paid subscription service, splitting revenue with creators  —  Swedish company Acast launches paid subscription option  —  Podcast listeners have become accustomed to the advertising that many of their favorite shows depend on …
Discussion: Nieman Lab, @robenfarzad and Fortune
Lucas Shaw / Bloomberg:
Networks are trying to lure audiences back from streaming services like Netflix by offering viewers on-demand access to current shows  —  Putting episodes on VOD after they air keeps fans engaged  —  With live viewership of most U.S. TV channels in decline, the most-watched networks …
Catalina Albeanu / Journalism.co.uk:
How the BBC used Yik Yak to get young people to talk politics and mental health  —  'Don't underestimate millennials.  Just because humour and gossip pervade on chat apps doesn't mean that's the only thing young people want to engage on'  —  The BBC has been experimenting with chat apps …
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 More News: 
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
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
Discussion: @pkafka
Chris Roush / Talking Biz News:
Dayan Candappa named global editor-in-chief of International Business Times
 Earlier Picks: 
National Union of Journalists:
NUJ: Vice's UK management try to form staff councils to dilute support for unionising
Discussion: Guardian
Rick Edmonds / Poynter:
Minneapolis Star Tribune finds sustainable business model with a metered digital paywall, programmatic ads, and diversified revenue streams