Top News:
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 and Mother Jones
RELATED:
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:
Newser, New York Times, Forbes, LawNewz, CNBC, Talking Points Memo, 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
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:
Gawker, The Daily Signal, @fivefifths, @mediashiftorg, @adrianchen, @isaacfitzgerald, @newyorker, @kantrowitz, @jakebeckman, @choire, @tomscocca, New York Magazine and @gitagovinda
Peter Sterne / Politico:
A list of the ten separate lawsuits Gawker is currently fighting — Gawker Media is fighting at least 10 lawsuits, and facing the threat of yet another — At the time it filed for Chapter 11 bankruptcy protection on Friday, Gawker Media was fighting at least 10 separate lawsuits and was facing the threat of yet another.
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, 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
Discussion:
Media Matters for America, The Huffington Post, KABE-LP, Fox News, @bryanburrough, @christopherjm, Washington Post, Slate, @ndebruin, @mlcalderone, @mlcalderone, @brianstelter, CNNMoney, @wpjenna, @wpjenna, @frankthorp, Jack D. Lail, Mediaite, @wpjenna, @jdiamond1, @ericawerner, 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
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
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:
NewsWhip, Nieman Lab and @risj_oxford
RELATED:
Joseph Lichterman / Nieman Lab:
Facebook executive: Your News Feed will likely be “all video” in five years
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?”
Recode:
Twitter Ventures invests in SoundCloud; sources say investment is $70M in a round valuing SoundCloud at about $700M — Twitter wanted to buy the company a couple years ago; now it has invested $70 million instead. — Two years ago Twitter thought about buying SoundCloud, but ended up walking away from the music service.
Discussion:
Ad Age, SocialTimes, SMASHD, Financial Times, Vanity Fair, @miriamgottfried, MediaNama, FishbowlNY, Digital Trends, Los Angeles Times, ZDNet, New York Times, Consumerist, Engadget, hypebot, Variety, Fortune, The Wrap, Digital Music News, TechCrunch, The FADER, Ars Technica UK, Business Insider, @hunterwalk, @adamsinger, FACT Magazine and @shiraovide
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