Top News:
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 …
Discussion:
Guardian, @bcappelbaum, @ggreenwald, @davidbix, @fmbutt, @karaswisher, @dangillmor, @mattocko, @melissakchan, @mdudas, @alexia, @pt, @pt, @gabrielroth, @katierogers, @jessepesta, @mathewi, Talking Points Memo, New Republic, @jesslivingston, @dangillmor, Talking Points Memo, Politico, Here & Now, FishbowlNY, The Daily Caller, Quartz, Fast Company, INSIDER and ABC News
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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 …
Discussion:
Newser, Forbes, Fast Company, @pierre, Reuters, iMediaEthics, CNNMoney, VentureBeat, BuzzFeed, @clarajeffery, @xor, @reformedbroker, @pierre, Daily Mail, SFist, SiliconBeat, The Wrap, TechCrunch, @sarahw, @sarahw, @john_brindle, @becket, Business Insider, @aminatou, @justinjm1, @lissawicks, New York Times, @jason, Financial Times, @jason, Wall Street Journal, @joshsternberg and @yaelwrites
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 …
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.
Discussion:
Bloomberg, @balajis, @pmarca, @pierre, @benedictevans, Slate, Quartz, SiliconBeat, @emilynussbaum, @rickwebb, Columbia Journalism Review, Courthouse News Service, @sama, @nicknotned, @jessesingal, @jessesingal, @freedomofpress, @drvox, @rojasburke, The Drum, Recode, Technology & …, @jtlol, Washington Post, Mother Jones, Reveal, TechSpot, New York Magazine, Vanity Fair, Forbes, Daily Mail, @nicknotned, @csoghoian, Fast Company, @edmundlee and Peter O'Kelly's Reality Check
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.
Discussion:
Wall Street Journal, @nytimesbits, @timrace, @nytimes, @csoghoian, Recode and @thrmattbelloni
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale
Discussion:
New York Post, TechCrunch, The Wrap, Awful Announcing, Fast Company, Media Wire Daily, New York Times, @nitashatiku, FishbowlNY, @nicknotned, Slate, Fusion, CNBC, Vanity Fair, CNNMoney, BuzzFeed, Politico, Alternet, CNN, Talking Biz News, Gawker, Newser, Reuters Breakingviews, The Wrap, Mediaite, Hollywood Reporter, Adweek and @oliyoung
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 …
Discussion:
socialbarrel.com, Wall Street Journal, Facebook, TechCrunch, The Verge, Facebook, The Mary Sue, TechSpot, SocialTimes, Gizmodo, Facebook, Computerworld, SiliconBeat, Publishing Executive, ZDNet, BetaNews, CNET, TechWeekEurope UK, PerformanceIN, Telegraph, TechRadar.com, PC Magazine, International Business Times, VatorNews, Vanity Fair, Fortune, Tech Times, USA Today, @joshconstine and MediaNama
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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.
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
Discussion:
Wall Street Journal, AdExchanger, Marketing Land, SocialTimes, MediaPost, Recode, CNBC, Business Insider, The Drum and AdExchanger
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, @whatthebit, Starts at 60, Forbes, The Huffington Post, Mashable, US News, TechSpot, PC Magazine, Tech Times, SiliconBeat, Marketing Land, Poynter, Nieman Lab, SocialTimes, The Hill and TechCrunch
David Weigel / Washington Post:
How The Young Turks grew subscribers by 75% since the start of 2015, to 3M on YouTube, by taking Bernie Sanders seriously and attacking corporate media — LOS ANGELES — On Tuesday, at a rally in Orange County, Sen. Bernie Sanders finally learned how to pronounce Cenk Uygur's name.
Discussion:
FishbowlNY
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
Politico:
Inside the decline of digital media pioneer Salon.com, from changes in political coverage to financial failures — How a digital trailblazer and progressive powerhouse lost its way. — A Facebook page dedicated to celebrating the 20th anniversary of digital media pioneer Salon is functioning as a crowdsourced eulogy.
Discussion:
@mirandachale, @zunguzungu, @mikeroe_, @amlwhere, @fmanjoo, @charlesarthur, @jwherrman, @petersterne, @poniewozik and The Awl — Medium
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.
Discussion:
Radio & Television …, FierceCable and Broadcasting & Cable
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