Top News:
Nick Denton / Gawker:
Amid bankruptcy, Gawker Media will be fine in the long run, and its legal battles have exposed the imbalance of power when covering Silicon Valley — Perhaps the most embarrassing aspect of filing for bankruptcy is the well-meaning condolence note from a friend. “I'm so sorry,” more than one has written.
Discussion:
Mother Jones, @fieldproducer, @edmundlee, Deadspin and New York Magazine
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Maria Chutchian / Forbes:
Judge to rule Wednesday on whether bankruptcy court's protection for Gawker extends to Nick Denton — Gawker Media's last-ditch effort to protect itself from a debilitating $140 million judgment using Chapter 11 may be a novel strategy to the media world but pharmaceutical and casino companies alike …
Discussion:
The Wrap
Adrian Chen / New Yorker:
Ex-Gawker writer Adrian Chen recounts his time writing for the site, points to its history of public interest journalism — At 8 p.m. on October 27, 2009, I sat at my desk in the hallway that I used as an office in my Brooklyn apartment and stared at a blank field on my computer screen …
Discussion:
The Daily Signal, @fivefifths, @mediashiftorg, @adrianchen, @isaacfitzgerald, @newyorker, @kantrowitz, @jakebeckman, @choire, @tomscocca and @gitagovinda
J.K. Trotter / Gawker:
Lawyer Charles J. Harder, hired by Thiel for earlier lawsuits, wants Gawker to reveal sources and take down its investigation of Trump's hair — Is Donald Trump's Hair a $60,000 Weave? A Gawker Investigation Is Donald Trump's Hair a $60,000 Weave? A Gawker Investigation Is Donald Trump's Hair a $60,000 Weave?
Discussion:
New York Times, Newser, Forbes, LawNewz, Talking Points Memo, CNBC, Fortune, Techdirt, @jjn1, The Week, The Verge, @davidbrin, Heat Street, The Wrap, @rtushnet, @ggreenwald, @sarahjeong, @jeffjohnroberts, @jayrosen_nyu, @natesilver538, @fmanjoo, @joshtpm, @nicknotned, @gaberivera, @weareyourfek, @weareyourfek, @coreypein, @dangillmor, @tomscocca, @davidfolkenflik, @tomgara, @juliaioffe, @nickbaumann, @wyatt_williams, @hc, @mattbuchanan, @karabrandeisky, @dcwoodruff and @johnrobinson
Rick Edmonds / Poynter:
Pew State of the News Media Report: big platforms hog 65% of digital ad revenue but are dependent on news outlets for content — The 13th annual Pew Research State of the News Media Report documents another year of alarming declines for newspapers — the worst since the 2008-2009 recession.
Discussion:
Nieman Lab, NewsLab, Journalism.org and Broadcasting & Cable
Joe Nocera / New York Times:
By creating a market for on-demand TV, Netflix spawned its own competitors and is struggling to survive, with a negative cash flow of nearly $1B — It helped to develop all the new ways we watch TV — on-demand, bingeing, mobile. But the Silicon Valley company still has to keep reinventing itself.
Discussion:
Business Insider and Fortune
Brian Stelter / CNNMoney:
Presidential candidate Donald Trump says he will not revoke press credentials of reporters if elected, as he has done with Washington Post, other news outlets — While Donald Trump's campaign is refusing to give press credentials to reporters from The Washington Post and several other news outlets …
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Margaret Sullivan / Washington Post:
Post Executive Editor Martin Baron says Trump coverage will continue “honorably, accurately, and unflinchingly” regardless of credentials
Post Executive Editor Martin Baron says Trump coverage will continue “honorably, accurately, and unflinchingly” regardless of credentials
Discussion:
Media Matters for America, The Huffington Post, KABE-LP, Heat Street, Fox News, @bryanburrough, @christopherjm, Washington Post, Slate, @ndebruin, @mlcalderone, @mlcalderone, @brianstelter, CNNMoney, @wpjenna, @wpjenna, @frankthorp, Jack D. Lail, @wpjenna, @jdiamond1, @ericawerner, Mediaite, The Week and The Buttry Diary
Anthony Ha / TechCrunch:
Tim Mahlman, head of AOL's publisher tools, takes charge of the company's ad-tech business too — AOL executive Tim Mahlman is getting a promotion. — The titles might not sound all that different — Mahlman was previously AOL's president of publisher platforms, and now he's president of AOL platforms.
Discussion:
Adweek, Ad Age and AdExchanger
Shan Wang / Nieman Lab:
“It kept coming back to our long-term independence”: FOIA site MuckRock goes nonprofit — MuckRock, a collaborative news site that helps journalists as well as interested citizens with Freedom of Information Act requests, announced Wednesday that it's received 501(c)(3) status — in other words, it's going the nonprofit route.
Robert Channick / Chicago Tribune:
Johnson Publishing sells Ebony, Jet magazines to Texas firm — Ebony covers featuring Vanessa Williams (1983), Muhammad Ali (1978), Nelson Mandela (1990) and President Barack Obama (2008). — After a 71-year run in Chicago, Johnson Publishing is getting out of publishing.
Discussion:
Talking New Media, Folio, FishbowlNY and New York Post
David Bond / Financial Times:
Reuters Institute: 53% of online news consumers prefer sites like Facebook, YouTube, Twitter over traditional media sites; 44% use Facebook for news each week — More than half of all online news consumers are turning to social networking sites such as Facebook, YouTube and Twitter ahead …
Discussion:
Nieman Lab, @liahaberman, NewsWhip and @risj_oxford
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Joseph Lichterman / Nieman Lab:
Facebook executive: Your News Feed will likely be “all video” in five years
Facebook executive: Your News Feed will likely be “all video” in five years
Kelsey Sutton / Politico:
BuzzFeed fires two producers, Jenny Lorenzo and Brittany Ashley, over appearing in a web-series, citing non-compete clause most video staff are asked to sign — Two popular producers and personalities for BuzzFeed — Jenny Lorenzo, a writer, producer and actor for the company's English …
Discussion:
Wall Street Journal, @weinbergrrrrr and @elongreen
Ciara Nugent / New York Times:
Paris-based Librarie des Puf holds no books, instead printing titles on customer request from a 3M-title catalog in as little as five minutes — PARIS — Gauthier Charrier, a graphic design student, stepped inside one of Paris's newest bookstores and wondered, “Where are all the books?”