Top News:
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.
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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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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:
@penenberg, @marklittlenews, Recode, Vanity Fair, Fast Company 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 and @pkafka
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, Business Insider, FishbowlNY, @niemanlab and Talking Biz News
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
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, Business Insider, Hollywood Reporter, The Verge, Engadget, VentureBeat, TechCrunch, DW.COM, City A.M., CNNMoney, 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
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
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
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, news.spotify.com, Fast Company, The Week, hypebot, Engadget, Tech Insider and Music Ally
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 …
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.
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.
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Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Discussion:
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