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:
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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.
Discussion:
iPetitions, Literary Hub, GalleyCat, Newser, Hit & Run, BuzzFeed, The Daily Caller, Bookseller News, The Huffington Post, Telegraph, Los Angeles Times, EW.com, San Francisco Chronicle, Mashable, New York Magazine, The Week, @buzzfeedbooks, @dzancbooks, @cshirky, The Awl. — Medium, @sarah_smarsh, @cherylstrayed, Mediaite, Jezebel, @pronounced_ing, @clarajeffery and @fmanjoo
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, The Huffington Post, USA Today, FishbowlNY, @cwarzel, @jeremymbarr, @mlcalderone, @katierogers, @brianstelter, @brianstelter, @pkafka and @pkafka
Hadas Gold / Politico:
Source: Josh Tyrangiel promoted at Vice Media to oversee company's entire news division; 15 digital producers, writers and editors laid off — Josh Tyrangiel is being promoted at Vice Media to oversee the company's entire news division, as part of a reorganization that will see around 15 …
Discussion:
CNNMoney, Poynter, Variety, Media Wire Daily, @elanazak, Talking New Media, FishbowlNY, Editor & Publisher, Business Insider, Wall Street Journal, New York Post, International Business Times, Phys.org, The Huffington Post, Recode, Folio, The Wrap, The Drum, Mediaite, Guardian and @harrietsalem
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, The Interrobang, @gregorydjohnsen, @peterlauria3, @dylanbyers, @paulxharris, @eliasisquith, @petersterne, @rafat, @moorehn, @amzam, @ceodonovan and @edmundlee
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
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, Business Insider, INSIDER and Business Insider
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, Hollywood Reporter, EU Press Room, TechCrunch, VentureBeat, The Hill, Engadget, Guardian, Hollywood Reporter, Agence France-Presse, BBC, Daily Express, Politico, Reuters, Channel NewsAsia, Motley Fool, International Business Times, Business Insider, Financial Times, Variety, The Verge and Fortune
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, Good E-Reader, Bitterwallet, SEENIT, Featured Articles and Talking New Media
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.
RELATED:
Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch
Discussion:
VentureBeat and Forbes
Gene Maddaus / Variety:
In internal email late Tuesday, Viacom CEO Philippe Dauman reassures employees, reiterates intent to sell part of Paramount — Viacom CEO Philippe Dauman sent an email late Tuesday to all employees seeking to reassure them about the state of the company. The email, obtained exclusively by Variety …
Discussion:
The Daily Beast, Bloomberg, Hollywood Reporter, New York Post and The Wrap
Adi Robertson / The Verge:
Amazon's Comixology launching subscription service for digital comics selections from major indie presses at $5.99/month, not including Marvel or DC comics — Comixology is launching a subscription service that will offer readers “thousands” of digital comics for $5.99 a month.
Discussion:
Gear Patrol, Comic Book Resources, /Film, Publishers Weekly, Tech Insider, Polygon, Forbes and EW.com
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.
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