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:
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RELATED:
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:
@brianstelter, CNNMoney, Heat Street, Mediaite, Editor & Publisher and The Week
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, Vanity Fair, @eriqgardner, The Wrap, @mediapost, @dceiver, @reutersbiz, Fortune and Business Insider
Dan Kennedy / Nieman Lab:
A deep look at digital and business strategies of The Washington Post under Jeff Bezos: a focus on scale, tech, and experimentation — Editor's note: Nieman Lab contributor and Northeastern University professor Dan Kennedy has spent the past semester as a Joan Shorenstein Fellow …
Discussion:
@sulliview, Shorenstein Center, @mathewi and Shorenstein Center
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, Variety, AppleInsider, Fortune, The Wrap, The FADER, CNET, Hollywood Reporter, Pocket-lint, Engadget, The Verge, Amazon.com, Forbes and Fast Company
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
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:
@jcenters, PollstarPro and ESPN
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:
FAIR, Techdirt, @johnmcquaid, @felixsalmon, @gitagovinda, @jeffjarvis, @jbenton, @chanders and @jbenton
Lacey Rose / Hollywood Reporter:
Profile of Bill Simmons in advance of his new HBO show Any Given Wednesday with Bill Simmons, which debuts June 22 — The controversial sports personality opens up about his acrimonious relationship with John Skipper, learning about being fired on Twitter, becoming a (gasp!) …
Discussion:
@thr, @thr, @claytravis, Recode and The Huffington Post
Paul Farhi / Washington Post:
New York Times published an op-ed under the byline of a foreign official who apparently never agreed to it — The New York Times has sparked an international incident by publishing an op-ed article under the byline of a foreign official who never agreed to it, according to his supporters.
Discussion:
@jayrosen_nyu and iMediaEthics
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 …
Glyn Moody / Ars Technica UK:
The past, present, and future of open access academic publishing and why it isn't as ubiquitous as it ought to be — Digitisation and the Internet ought to mean we have all of this at our fingertips: so why don't we? (credit: Diliff) — In 1836, Anthony Panizzi, who later became principal librarian …