Top News:
Peter Sterne / Politico:
Gawker Media files for Chapter 11 triggering auction, will continue operating and fight the Hogan verdict; source says Ziff Davis opens with $90-$100M bid — Company files for Chapter 11 to protect assets from seizure by Hulk Hogan — Gawker Media parent company Gawker Media Group …
Discussion:
New York Times, Recode, Recode, Forbes, New York Post, Politico, New York Times, @maxfrumes, CNBC, Gawker, Adweek, Nieman Lab, Bloomberg, @dansinker, The Federalist, The Verge, FishbowlNY, @felixsalmon, Forbes, @adambanksdotcom, @sarahjeong, Hollywood Reporter, Washington Post, Reuters, Poynter, Gawker, @felixsalmon, @mattdpearce, The Daily Beast, Heat Street, New York Post, Bloomberg, NPR, TechCrunch, Zero Hedge, Wall Street Journal, @dangillmor, @benmullin, @nicknotned, @waxpancake, Mediaite, Tech Times, The Wrap, Bloomberg, @manigandham, Guardian, Digital Trends, Business Insider, Slate, @arikia, The Hill, @davidfolkenflik, @penenberg, The Next Web, Fortune, @joemfbrown, @balajis, Fast Company, @nyguild, Deadspin, CNBC, @pkafka, ThinkProgress, USA Today, Hit & Run, @petersterne, VatorNews, Vanity Fair, Consumerist, I4U News, @davidfolkenflik, Engadget, Complex, Ars Technica, @marklotto, Awful Announcing, Newser, The New York Observer, @deadspin, Boing Boing, Wired, Ad Age, VentureBeat, The Huffington Post, Variety, USA Today, @dannyodwyer, @rafat, @kreichard, @natesilver538, @sara_randazzo, LawNewz, @jackmirkinson, Washington Post, @thejoesmith, @jackmirkinson, @pkafka, @johnfugelsang, @jbouie, @emmaroller, @mathewi, @newyorker, @niemanlab, @yayitsrob, @ryanlcooper, The Atlantic, @pkafka, @dankennedy_nu, Guardian, @burninalivefl, @laurenduca, Techdirt, globalnews.ca, @jaspjackson, @pattymo, @ryanlcooper, Bloomberg, WRGB, @kelseymsutton, New York Magazine, RT, @espiers, CBS New York, The Week, The Drum, io9, Benzinga, Media Wire Daily, MacDailyNews, Motherboard, Deadline, Newsy, iMediaEthics, The Newspaper Guild, RedState and Mother Jones
RELATED:
Eriq Gardner / Hollywood Reporter:
Gawker requests injunctive relief prohibiting Hogan and others from taking more legal action against it and Denton without bankruptcy court approval — Court papers say it's likely that Nick Denton will be filing for personal bankruptcy and that Hogan becoming Gawker's owner would be “inequitable.”
Discussion:
Tampa Bay Times, @nicknotned, Vanity Fair, @eriqgardner, The Wrap, @mediapost, @dceiver, @reutersbiz, Fortune and Business Insider
Brian Stelter / CNNMoney:
Sources: Denton may try to buy back Gawker.com, if he wins Hogan appeal — At the end of the Gawker Media bankruptcy process, Gawker founder Nick Denton will have surrendered control of all of his websites. — But there's a chance he will wind up regaining control of the blog where it all began, Gawker.com.
Discussion:
Heat Street, @brianstelter, KTLA, Mediaite, CBS Philly, Editor & Publisher and The Week
Julia Love / Reuters:
Sources: Amazon to launch $9.99/mo standalone streaming music service late summer/early fall — Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple Inc and Spotify, according to two people with knowledge of the matter.
Discussion:
Guardian, MacRumors, BetaNews, SlashGear, Android Police, Complex, PhoneDog.com, Variety, AppleInsider, Fortune, CNET, Hollywood Reporter, Pocket-lint, Engadget, The Verge, MobileSyrup.com, The Wrap, Amazon.com, The FADER, Fast Company, Forbes and Android Central
Sarah Ellison / Vanity Fair:
Sources: Norman Pearlstine in Talks to Step Down as Chief Content Officer of Time Inc. — The venerable journalist is expected to move on to a consulting role. — Norman Pearlstine, the chief content officer of Time Inc., is negotiating his exit from the role, multiple sources have confirmed.
Discussion:
Media Wire Daily and Ad Age
Shan Wang / Nieman Lab:
Two professors highlight fair use with Kickstarter to pay fee to quote the New York Times in their book; publisher Routledge asked professors to get formal OK — Obtaining formal permission to use three quotations from New York Times articles in a book ultimately cost two professors $1,884.
Discussion:
@johnmcquaid, Techdirt, @felixsalmon, FAIR, Kickstarter, @gitagovinda, @jbenton, @jbenton, @jeffjarvis and @chanders
Emily Steel / New York Times:
Sources: possible Viacom board members are Kenneth Lerer, Nicole Seligman, Judith McHale, and Thomas J. May in move to reshape board before re-merging with CBS — Philippe P. Dauman, Viacom's embattled chief executive, said Thursday that the entertainment company was continuing its efforts …
Jason Wilson / VentureBeat:
Twitch's 100 million viewers watched 800 million hours of esports in the last 10 months — If you're uncertain why companies like ESPN and Activision have been making big acquisitions and investments in esports, here's a good answer: because more than 100 million viewers spend lots of time …
Discussion:
PollstarPro and ESPN
Andy / TorrentFreak:
Canadian court issues temporary injunction banning the sales of some Android-based set-top boxes with piracy software pending a full trial — For years Internet piracy was the preserve of desktop machines running various flavors of peer-to-peer file-sharing software.
Discussion:
Federal Court
David Uberti / Columbia Journalism Review:
After years of turmoil, Los Angeles Times newsroom faces almost-crippling uncertainty and exhaustion, interviews with about 20 current and former staffers show — Davan Maharaj jokes that he's a crazy driver. But he adds with a laugh, “I'm trying to behave since you're in the car.”
Discussion:
@daviduberti, @jayrosen_nyu and cmo.com
Kim McLaughlin / Bloomberg:
Axel Springer buys 93% of market researcher EMarketer for $242M — Axel Springer SE agreed to buy market researcher EMarketer Inc. at an enterprise value of about $250 million as the German publisher continues its push into digital businesses and English-speaking markets.
Wendy Davis / MediaPost:
Digital-rights advocates file complaints with the FCC and FTC about the use of consumers' set-top box data by AT&T, Comcast, and Cablevision — Cable companies have spent the better part of five months arguing that the FCC's proposed new set-top rules won't protect people's privacy.
Discussion:
@publicknowledge, Public Knowledge and Broadcasting & Cable
Output Producer, CA — 
China Markets Correspondent, Shanghai — 
Senior Assignment Editor, DC — 
Breaking News Editor, Tokyo — 
Senior Correspondent - Wealth, NY — 
Reporter - Ottawa Bureau — 
Local Government Reporter, IA — 
Research Director, CA — 
Immigration Enforcement Reporter — 
Presque Island Reporter, ME — 
Contributing Parks Ed. - SW, CA — 
AI Content Editor, WA — 
Legislative Reporter, TN — 
Editorial Assistant, Remote US — 
Elon Musk Reporter, NY or CA — 
Government & Politics Editor, WA — 
Business & GA Reporter. VT — 
Sports Reporter, WA — 
Energy Reporter, TX — 
Senior Reporter, SC — 
Trade & Climate Correspondent, DC — 
Reporter, WI — 
Political Newsletter Writer, CO — 
Jackson Reporter, MS — 
Music Editor, AZ — 
Breaking News Reporter, NV — 
Fearless Reporter/Producer, IA — 
Reporter II - Technology, Remote — 
Editor, Remote US — 
City Reporter, WA — 
Executive Editor, OR — 
Education & Budget Reporter, CA — 
Senior Writer/Editor, FL — 
Media Editor, Remote — 
