Mediagazer: Lawyers for Gawker and Hulk Hogan agree to “complete standstill” on litigation for a month; bankruptcy judge OKs Gawker's use of emergency funding (Tom Corrigan/Wall Street Journal)

5:55 PM ET, June 15, 2016

Top News:

Nick Denton / Gawker:

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, Wall Street Journal, Recode, @clarajeffery, @fieldproducer, @edmundlee, CNBC and Deadspin

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: Mediaite, Forbes, Fortune, @adrianchen, @isaacfitzgerald, @fivefifths, @newyorker, @kantrowitz, LawNewz, The Daily Signal, @jakebeckman, @mediashiftorg, @choire, Talking Points Memo, @tomscocca, Techdirt, @jjn1, The Week, @davidbrin, Heat Street, The Wrap, @rtushnet, @ggreenwald, The Verge and Gawker

Tom Corrigan / Wall Street Journal:

Lawyers for Gawker and Hulk Hogan agree to “complete standstill” on litigation for a month; bankruptcy judge OKs Gawker's use of emergency funding — Judge tells wrestler's lawyer to stand down on threat of more litigation for media company's CEO

Discussion: New York Daily 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

Peter Sterne / Politico:
A list of the ten separate lawsuits Gawker is currently fighting

Discussion: New York Times, Newser and Forbes

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: Journalism.org, Nieman Lab, NewsLab, Mediaite, Washington Post, Pew Research Center, Journalism.org and Broadcasting & Cable

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 …

Margaret Sullivan / Washington Post:
Post Executive Editor Martin Baron says Trump coverage will continue “honorably, accurately, and unflinchingly” regardless of credentials

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: Fortune and Business Insider

Shirley Halperin / Billboard:

Q&A with Apple's Iovine, Reznor, Cue, and Kondrk on Apple Music, Beats 1, and YouTube's “disingenuous” business model, and more — Eddy Cue, Apple senior vice president of internet software and services, helps introduce the new iOS software at an Apple event …

Discussion: Guardian, @alexbrooks, Rolling Stone, 9to5Mac, The Next Web, hypebot, FACT Magazine, Business Insider, AppleInsider, MacRumors and The Loop

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.

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 and AdExchanger

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?”

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: FishbowlNY, Robert Feder, Talking New Media, @chicagotribune, Folio, @dionnegrant 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

Joseph Lichterman / Nieman Lab:
Facebook executive: Your News Feed will likely be “all video” in five years

Discussion: Business Insider, kottke.org, Forbes, TechCrunch, Mashable, @bbhlabs, @danprimack, Fast Company, Globe and Mail, Mother Jones, New York Magazine, Fortune, Mediaite and @ericjackson

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Shan Wang / Nieman Lab:
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From Techmeme:

Wall Street Journal:
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Foo Yun Chee / Reuters:
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Ryan Browne / CNBC:
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