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1:55 PM ET, May 25, 2016

Mediagazer

 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 …
Discussion: New York Times, Talking Points Memo, TechCrunch, @choire, USA Today, Fast Company, The Wrap, @lpolgreen, @jayrosen_nyu, Wall Street Journal, CNNMoney, Politico, BuzzFeed, Recode, @perlberg, Business Insider, Financial Times, Variety, New York Magazine, The Independent, Salon, Washington Post, Breakingviews, New Republic, USA Today, @lessachu, @slmandel, FishbowlNY, Business Insider, Vanity Fair, Death and Taxes, Yahoo Finance UK, @dangillmor, Caterina.net, @ggreenwald, Mother Jones, Newser, @laura_hudson, Poynter, Fortune, @tomgara, CBC News, CBS News, TIME, Wall Street Journal, Sky News, International Business Times, Agence France-Presse, Gawker, Business Insider, Quartz, Fast Company, Morning News USA, @mlcalderone, TheBlaze.com, Raw Story, Talking New Media, @adriennelaf, @ggreenwald, USA Today, @jbouie, Complex UK, Heavy.com, Slate, Washington Post, @mattdpearce, MarketWatch, Muckety, The Interrobang, London Evening Standard, @tylergreendc, @mlcalderone, New York Daily News, Showbiz Spy, New York Post, The Daily Caller, New Zealand Herald, Newsweek, Silicon Valley Business …, @xmasape, Newsmax, @ctzn5, AOL, @roseveleth, The Drum, The Next Web, @heerjeet, Techdirt, Crikey, @ggreenwald, The Week, Los Angeles Times, The Week, INSIDER, Forbes, Awful Announcing, Crikey, The Big Lead, Daily Mail, Fortune, CNET, @coreypein, @marinahyde, Daring Fireball, The Verge, @tomgara, @theotypes, @caterina, @davewiner, @pkafka, @pkafka, Hollywood Reporter, Guardian, Mediaite, SFist and Boing Boing
RELATED:
Peter Sterne / Politico:
Florida judge upholds $140.1 M verdict against Gawker, Nick Denton, and AJ Daulerio; Gawker to appeal  —  A state court judge in Florida upheld a jury verdict of $140.1 million in damages against Gawker Media, CEO Nick Denton and former editor in chief A.J. Daulerio.
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.
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 and @rafat
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.
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.
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 …
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 and The Interrobang
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.
RELATED:
Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Discussion: VentureBeat and Forbes
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 …
Ben Popper / The Verge:
Spotify's Discover Weekly reaches 40 million users and 5 billion tracks streamed  —  Every Monday morning, a freshly created selection of around 30 tracks arrives for each of Spotify's more than 100 million users.  The offering is called Discover Weekly, and it has cracked the code …
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 …
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.
 
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 More News: 
Mădălina Ciobanu / Journalism.co.uk:
Multimedia storytelling platform Shorthand launches out of beta
Jonathan Shieber / TechCrunch:
Wickr Foundation invests in Whistler, a secure communications and education app for activists and reporters
 Earlier Picks: 
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
Karl Bode / Techdirt:
Reddit, Medium, Vimeo, and others urge FCC to formally evaluate broadband caps and zero rating