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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?
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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
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:
Journalism.org, Nieman Lab and Broadcasting & Cable
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:
SocialTimes, FishbowlNY, @miriamgottfried, Financial Times, Los Angeles Times, Vanity Fair, Digital Trends, MediaNama, Consumerist, ZDNet, New York Times, Engadget, hypebot, Fortune, Digital Music News, TechCrunch, Variety, The Wrap, Business Insider, @hunterwalk, The FADER, Ars Technica UK, @adamsinger, FACT Magazine and @shiraovide
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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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, Ad Age and AdExchanger
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
Joseph Lichterman / Nieman Lab:
Facebook executive: Your News Feed will likely be “all video” in five years — A Facebook executive said Tuesday that she expects the social platform will probably be “all video” in five years. — Videos are now viewed 8 billion times daily on Facebook, up from 1 billion a year ago …
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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:
MinOnline, New York Post and FishbowlNY
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
Ben Popper / The Verge:
Rhapsody rebrands itself as Napster, the service it acquired in 2011 — Rhapsody is part of the old guard of music streaming services, launched way back in 2001 as Listen.com. It never got the traction of it's rival Spotify, and is now competing against titans like Apple and Google as well.
Discussion:
RAIN News, Consumerist, Android Police, BetaNews, Digital Trends, Rhapsody Music News, The FADER, The Next Web, Engadget, GeekWire, FACT Magazine, @eringriffith and Complex
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