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:
Forbes, Talking Points Memo, Washington Post, New York Times, The Huffington Post, Fortune, The Wrap, Salon, @choire, New York Times, WWD, Poynter, Adweek, Guardian, CNNMoney, @lpolgreen, @jayrosen_nyu, @perlberg, TechCrunch, Wall Street Journal, Business Insider, Financial Times, @lessachu, GQ, New York Magazine, @slmandel, @themorningnews, ThinkProgress, Real Stories, Gawker, Variety, The Independent, NPR, Washington Post, Breakingviews, Death and Taxes, New Republic, Yahoo Finance UK, USA Today, USA Today, @dangillmor, Fast Company, @ggreenwald, The Big Lead, @laura_hudson, The Daily Caller, Recode, @tomgara, Mother Jones, Politico, Daring Fireball, The Interrobang, Wall Street Journal, Agence France-Presse, Sky News, Complex UK, International Business Times, CBC News, CBS News, Muckety, Showbiz Spy, Newsmax, Heavy.com, AllAccess.com, TIME, AOL, The Next Web, @xmasape, Talking New Media, BuzzFeed, @ggreenwald, @mlcalderone, Morning News USA, Quartz, @jbouie, Business Insider, @mlcalderone, @adriennelaf, @tylergreendc, Business Insider, FishbowlNY, @roseveleth, @ggreenwald, @heerjeet, Newser, @ctzn5, CNNMoney, @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 Week, Los Angeles Times, The Week, Awful Announcing, Daily Mail, Crikey, Fortune, CNET, @coreypein, Forbes, @marinahyde, The Verge, @tomgara and @theotypes
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
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Discussion:
VentureBeat and Forbes