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2:40 PM ET, June 15, 2016

Mediagazer

 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?
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 …
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.
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 …
RELATED:
Margaret Sullivan / Washington Post:
Post Executive Editor Martin Baron says Trump coverage will continue “honorably, accurately, and unflinchingly” regardless of credentials
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.
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 …
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.
 
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 More News: 
Shan Wang / Nieman Lab:
Knight Foundation releases new report on the Philadelphia Media Network, cautions that there's no one-size-fits-all approach to problems facing local news
Discussion: Knight Foundation
Roy J. Harris Jr / Poynter:
Pulitzer Prize boss Mike Pride says further expansion of the award is ‘probable’
Natalie Jarvey / Hollywood Reporter:
Comcast Ventures leads $6.8M round in virtual reality firm Felix & Paul Studios
Sarah Kessler / Fast Company:
YouTube star Hank Green launches non-profit, the Internet Creator's Guild, to protect the rights of content creators
Discussion: Mashable
 Earlier Picks: 
Rrapo Zguri / European Journalism Observatory:
Too many media outlets and too few consumers are forcing Albania's legacy newspapers and TV channels to close
Joseph Lichterman / Nieman Lab:
Health and life sciences site Stat plans a paywall as it aims for more national coverage
Discussion: @raju
Ben Popper / The Verge:
Rhapsody rebrands itself as Napster, the service it acquired in 2011
Jim Puzzanghera / Los Angeles Times:
Federal appeals court denies telecom petition challenging FCC's net neutrality rules