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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:
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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:
The Wrap, Advocate, Business Insider, Fast Company, ABC News, Tampa Bay Times, Associated Press, Hollywood Reporter, WTOP, Death and Taxes, @mmasnick, Recode 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 Wrap, The Huffington Post, USA Today, FishbowlNY, Bloomberg, Seeking Alpha, Wall Street Journal, Fortune, Poynter, @brianstelter, @kabirtaneja, @jeremymbarr, @pkafka, @pkafka, @brianstelter, @cwarzel, @katierogers and @mlcalderone
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
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, INSIDER, Business Insider, Business Insider, @niemanlab and Talking Biz News
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, EU Press Room, Hollywood Reporter, The Verge, CNNMoney, Daily Mail, Reuters, ITV, DW.COM, City A.M., Newsweek, iNews, EUobserver, en.europeonline-magazine.eu, The Hill, TechCrunch, Telegraph, Engadget, VentureBeat, Ars Technica, Hollywood Reporter, Agence France-Presse, BBC, Daily Express, Politico, Channel NewsAsia, Motley Fool, International Business Times, Business Insider, Guardian, Variety, Deadline, Fortune and Financial Times
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
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.
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 …
Discussion:
TechCrunch, Fast Company, news.spotify.com, Tech Insider, Music Ally, The Week, hypebot and Engadget
Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch — One of the biggest names in cable television is getting into esports, and it think it can do a better job than current leagues. — Turner's Eleague, which will feature Counter-Strike …
Discussion:
VentureBeat and Forbes
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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, SEENIT, Good E-Reader, Bitterwallet, Featured Articles and Talking New Media
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.
Brian Rohan / Associated Press:
Egypt deports French journalist amid crackdown on the media — CAIRO (AP) — Egypt deported a French journalist without explanation on Wednesday, the reporter and his newspaper said, the latest move in an ongoing crackdown on freedom of expression and the media.
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