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:
Talking Points Memo, New York Times, Fortune, Salon, CNNMoney, @choire, TechCrunch, Wall Street Journal, @lpolgreen, @jayrosen_nyu, USA Today, Fast Company, The Wrap, Politico, CNNMoney, BuzzFeed, Business Insider, Financial Times, @themorningnews, Recode, Real Stories, Variety, New York Magazine, The Independent, @lessachu, @slmandel, Business Insider, @perlberg, Washington Post, Breakingviews, New Republic, USA Today, Quartz, Recode, Death and Taxes, Yahoo Finance UK, Caterina.net, @dangillmor, Vanity Fair, Mother Jones, Wall Street Journal, Agence France-Presse, Sky News, International Business Times, CBC News, CBS News, Gawker, TIME, FishbowlNY, Business Insider, Morning News USA, @mlcalderone, Talking New Media, @adriennelaf, @jbouie, Complex UK, Heavy.com, Muckety, The Interrobang, @tylergreendc, @ggreenwald, @mlcalderone, @laura_hudson, Showbiz Spy, The Daily Caller, @xmasape, Poynter, Newsmax, AOL, The Next Web, @tomgara, @roseveleth, @ggreenwald, @heerjeet, Newser, @ctzn5, @ggreenwald, @mattdpearce, Fast Company, The Drum, INSIDER, USA Today, London Evening Standard, New York Daily News, Silicon Valley Business …, New Zealand Herald, Crikey, New York Post, Raw Story, TheBlaze.com, Newsweek, Washington Post, MarketWatch, Slate, Techdirt, The Big Lead, The Week, Los Angeles Times, The Week, Forbes, Crikey, Awful Announcing, Daily Mail, Fortune, CNET, @coreypein, Daring Fireball, @marinahyde, The Verge, @tomgara, @theotypes, @caterina, @davewiner, @pkafka, @pkafka, Hollywood Reporter, Guardian, Mediaite and SFist
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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.