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Kevin Dugan / New York Post:
Pierre Omidyar's First Look Media is reaching out to media organizations about filing amicus briefs in support of Gawker's appeal — Two Silicon Valley billionaires with a history of bad blood are squaring off over Gawker. — Pierre Omidyar, an eBay co-founder, is leading the charge …
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Will Oremus / Slate:
Peter Thiel's secret war against Gawker proves Silicon Valley needs a Valleywag to hold its powerful accountable — Peter Thiel's misguided, secret war against Gawker Media proves it. — Peter Thiel, the billionaire venture capitalist and Facebook board member who co-founded PayPal and Palantir …
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The Wrap, Politico, Lefsetz Letter, @petersterne, @dangillmor, @danluvsbeer, @willoremus, @petersterne, @rurikbradbury, PoliMedia, Wired and @derekwillis
Jim Rutenberg / New York Times:
Thiel's funding of Hogan's Gawker lawsuit is just one of several sometimes-secret attempts by wealthy to control weakened US media — At first blush, the secret support that the Silicon Valley billionaire Peter Thiel provided for Hulk Hogan's lawsuit against Gawker is a salacious yarn about money, power, gossip and revenge.
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Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent — Nearly a decade ago, after you had opened up to friends and colleagues, a gay writer for Gawker shared an item with the readers of Valleywag …
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New York Times:
Some Silicon Valley luminaries, including Vinod Khosla and Jessica Livingston, express approval for Peter Thiel's tactics against Gawker — SAN FRANCISCO — After the news that one of Silicon Valley's stars secretly funded a lawsuit to bring down a gossip site, the overwhelming response …
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Barry Meier / New York Times:
Legal experts discuss third-party litigation funding, previous examples involving media, and legal obligations of the lawyers involved — The Silicon Valley billionaire Peter Thiel has put the future of Gawker Media into doubt by secretly funding a successful lawsuit that threatens to undermine the media company's finances.
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Wall Street Journal, @timrace and @nytimes
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale
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New York Post, The Wrap, Slate, Awful Announcing, CNNMoney, @nitashatiku, New York Times, Media Wire Daily, Politico, FishbowlNY, Reuters Breakingviews, Fast Company, TechCrunch and Variety
Greg Sterling / Marketing Land:
Facebook expands Audience Network reach beyond just its users — to everyone — All people on Audience Network mobile sites and apps can now be targeted using familiar Facebook parameters. — Two years ago Facebook launched the Facebook Audience Network as part of an effort to expand …
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Wall Street Journal, Facebook, TechCrunch, Facebook, The Verge, Gizmodo, Facebook, The Mary Sue, TechSpot, SocialTimes, CNET, TechWeekEurope UK, PerformanceIN, Telegraph, MediaPost, TechRadar.com, PC Magazine, International Business Times, Computerworld, ZDNet, SiliconBeat, BetaNews, VatorNews, Vanity Fair, Tech Times, USA Today, @joshconstine and MediaNama
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Mike Shields / Wall Street Journal:
Facebook to shut down FBX, its ad exchange that lets third party companies purchase ads for desktop as company shifts focus toward mobile — Social network focusing on its own ad network and mobile ad inventory — Facebook is planning to shut down its ad exchange, FBX …
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Wall Street Journal, Recode, AdExchanger, Marketing Land, SocialTimes, MediaPost, CNBC, Business Insider, The Drum, AdExchanger and Fortune
Kurt Wagner / Recode:
Facebook plans to officially kill its video ad exchange LiveRail — The writing has been on the wall for some time. — Facebook plans to shutter LiveRail — the video ad exchange that it bought back in 2014 for a reported $400 million to $500 million — for good sometime in the very near future, according to sources.
Pew Research Center:
Pew: 62% of US adults get news on social media; 66% of Facebook, 23% of Instagram, 21% of YouTube, 19% of LinkedIn users get news there — A majority of U.S. adults - 62% - get news on social media, and 18% do so often, according to a new survey by Pew Research Center …
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NewsWhip, Mashable, Forbes, The Huffington Post, Starts at 60, Nieman Lab, US News, TechSpot, PC Magazine, Tech Times, Marketing Land, SiliconBeat, Poynter, The Hill, TechCrunch and SocialTimes
Eriq Gardner / Hollywood Reporter:
Bankruptcy judge forbids Netflix from streaming Relativity Media movies ahead of theatrical release — Relativity Media wins the latest round in a bitter battle with its successful reorganization at stake. — Relativity Media can breathe a sigh of relief.
Discussion:
The Wrap, The Interrobang, Wall Street Journal, Variety and Deadline
Kevin Eck / TVSpy:
Nexstar to sell five stations to meet FCC requirements for merger with Media General — In what it's calling a first step towards getting approval for its proposed merger with Media General, Nexstar Broadcasting says it's selling five stations to three different ownership groups.
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Radio & Television …, FierceCable and Broadcasting & Cable
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