Top News:
Andrew Ross Sorkin / New York Times:
Peter Thiel acknowledges he spent around $10M to fund a team of lawyers to help Gawker “victims” like Hulk Hogan sue the company, in act of “deterrence” — A billionaire Silicon Valley entrepreneur was outed as being gay by a media organization.
Discussion:
@ndhapple, Fast Company, TechCrunch, The Wrap, Recode, @sdkstl, @tmcgev, @alexjamesfitz, Mediaite, Talking Points Memo, The Verge, Business Insider, @deep_beige, Slate, Engadget, @heerjeet, Daring Fireball, @libbycwatson, @akruglov, @justinjm1, New York Times, @sacca, @howardowens, @jackmirkinson, @carlzimmer, @yashalevine, @max_read, @mlcalderone, The Huffington Post, @lucas_shaw, @jyarow, @ejacqui, @jwherrman, @mikeisaac, @felixsalmon, Vanity Fair, Gawker, USA Today, Mother Jones, International Business Times, CBC News, Muckety, Showbiz Spy, Newsmax, Heavy.com, Business Insider, Newser, The Drum, Slate, Business Insider, Awful Announcing, The Verge and Forbes
RELATED:
Callum Borchers / Washington Post:
Thiel's backing of Hogan suit against Gawker shows the heavy price media companies face, heightened by Trump's litigious, anti-media stance — Reports that Silicon Valley billionaire Peter Thiel secretly bankrolled Hulk Hogan's lawsuit against Gawker Media represent the latest twist …
Discussion:
Fusion, Poynter, Fortune, CNNMoney, @rabois, @fmanjoo, @clarajeffery, Daring Fireball, Salon, @benmullin, Politico, @penenberg, @marklittlenews and GQ
New York Times:
Gossip, revenge, and the complicated relationship between Silicon Valley and media including Gawker's Valleywag — SAN FRANCISCO — Silicon Valley likes to keep the media on a tight leash. Tech executives expect obedience, if not reverence, from reporters. They dole out information as grudgingly as possible.
Discussion:
Fusion, @sacca, @mikeisaac, Fast Company, Scott Adams Blog, International Business Times, @moorehn, @megan, @sarahjeong, @brooke, @puiwingtam, @tolles, @davewiner, @yayitsrob, @mbrauchli, @dangillmor, @mikeisaac, @moorehn, Elizabeth Spiers, @mathewi, @markberman, @ggreenwald, Mashable, Guardian, Real Stories, Daring Fireball, Death and Taxes, TechCrunch, Washington Post, New Republic, Breakingviews, USA Today, ThinkProgress and Recode
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.
Discussion:
Forbes, New York Times, Hollywood Reporter, Forbes, Associated Press, CBS News, Washington Post, Mashable, WWD, Business Insider, Newser, The Wrap, BuzzFeed, iMediaEthics, Financial Times, Adweek, New York Magazine, NPR, @lpolgreen, WTOP, Death and Taxes, Advocate, Tampa Bay Times, @mmasnick, Wall Street Journal and Media Law Prof Blog
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, WWD, The Huffington Post, Bloomberg, Seeking Alpha, Fortune, Wall Street Journal, Poynter, The Wrap, @cwarzel, USA Today, FishbowlNY, @jeremymbarr, @mlcalderone, @kabirtaneja, @katierogers, @brianstelter, @brianstelter, @pkafka, @pkafka, Wall Street Journal, New York Post, Phys.org and International Business Times
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:
INSIDER, INSIDER, Talking Biz News, Business Insider, FishbowlNY and @niemanlab
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, @rafat and Politico
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:
Home Media Magazine, Business Insider, EU Press Room, FX News Call, INSIDER, CNNMoney, EU Press Room, Engadget, Hollywood Reporter, TechCrunch, VentureBeat, The Verge, DW.COM, City A.M., Newsweek, Daily Mail, iNews, Reuters, EUobserver, ITV, en.europeonline-magazine.eu, The Hill, Ars Technica, Telegraph, Hollywood Reporter, Agence France-Presse, BBC, Daily Express, Politico, Channel NewsAsia, Motley Fool, International Business Times, Guardian, Financial Times, Variety, Deadline and Fortune
Poynter:
Investor Towle & Co urges Tribune Publishing to strike a deal with Gannett at a price above $15 per share, slams deal with Nant Capital — A second big-dollar investor in Tribune Publishing is calling on the newspaper company to cut a deal with Gannett, just two days …
Rem Rieder / USA Today:
Three years after buying in to newspapers, Warren Buffett still loves the industry but worries about the rate of decline in circulation and advertising — When I talked to Warren Buffett three years ago, he confided that he had a forbidden passion. — “It's almost unnatural how much I love newspapers,” he said.
Discussion:
@ryanchittum
Missoulian:
Seattle Times editor Kathy Best named next Missoulian newsroom leader — Pulitzer Prize-winning journalist Kathy Best has been named editor of the Missoulian and the Ravalli Republic, Publisher Mark Heintzelman announced Wednesday. — Best is currently the editor and vice president for news at the Seattle Times.
Discussion:
Indy Blog, Missoula News, The Stranger … and The Seattle Times
Laura Hazard Owen / Nieman Lab:
Denverite is the first in a line of new city news sites from a startup backed by longtime media execs — Here's a new stab at local news: A new media company founded by Gordon Crovitz, the former publisher of The Wall Street Journal; Kevin Ryan, the founder of Business Insider; and Jim Friedlich …
Discussion:
Politico, @lauraelizdavis, @dnvrite and Poynter
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