Top News:
Douglas MacMillan / Wall Street Journal:
How Marissa Mayer's spending at Yahoo to spur growth, in defiance of deals with activist investors to cut costs, led to auction of core assets, board shakeup — Embattled CEO failed to produce pledged savings, plunged deeper into turnaround; more room in the parking lot
Discussion:
@harrymccracken, @rafat, @nicktimiraos, CNBC and Business Insider
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Seth Fiegerman / Mashable:
Behind the scenes at Tumblr after the Yahoo acquisition: new competition, a $240M writedown in February, and an uncertain future
Behind the scenes at Tumblr after the Yahoo acquisition: new competition, a $240M writedown in February, and an uncertain future
Discussion:
@mashable, @sarahcuda, @ppearlman, @mashable and New York Magazine, Thanks:@ravichandrans25
Emily Steel / New York Times:
Viacom warns of earnings shortfall, is paying legal bills for CEO Dauman during struggle for company control — As he wages legal battles in multiple states to keep his position in Sumner M. Redstone's media empire, Philippe P. Dauman's legal bills are being paid by Viacom.
Discussion:
@emilysteel
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Joe Flint / Wall Street Journal:
Sumner Redstone removes five members of Viacom's board of directors, including Philippe Dauman, who remains CEO for now — Among those ousted are Viacom CEO Philippe Dauman — Sumner Redstone's National Amusements on Thursday replaced five board members of Viacom Inc. …
Discussion:
New York Times, CNNMoney, Deadline, Bloomberg, Los Angeles Times, Hollywood Reporter, Fortune, Recode, Reynolds Center, Recode, Variety, Adweek, Guardian, New York Post, Reuters, Quartz, Gawker, Reuters, Broadcasting & Cable, New York Times, NPR, CNNMoney, USA Today, The Wrap, The Wrap, Fortune, Variety, @alexweprin, @alexweprin, The Wrap, @edmundlee, Broadcasting & Cable, Deadline, BuzzFeed, @mathewi, @alexweprin, @pkafka, @richbtig and Fortune
Corey Hutchins / The Colorado Independent:
Fearing more layoffs after buyout offers, Denver Post journalists organize a rally against hedge fund owner Alden Global Capital — DENVER — As a cops reporter for a corporate-owned newspaper in South Carolina, Noelle Phillips had already survived multiple rounds of layoffs before moving across …
Discussion:
@yhsteves, @nickgroke, @bruvs, @robcurley, @davidsirota, @davekrieger, @nickkosmider, @pacmediaguild, @danattrib, @nickgroke and @laurakeeney
Al Jazeera English:
Egypt finalizes death sentences in absentia for two Al Jazeera journalists and one Rassd News Network reporter — Death sentences upheld for six defendants, as ex-president and aides receive 25-year jail term in controversial trial. — A previous version of this article briefly carried …
Discussion:
Associated Press, The Hill, Sky News, Scroll.in, @ajenews, PBS NewsHour, Quartz, The Arab Daily News, Gulf Times, The Independent and The Wrap
Jordan Novet / VentureBeat:
Snapchat is launching Real Life, a post-per-day digital publication about living with technology, on June 27, with Nathan Jurgenson as editor in chief — Snapchat doesn't just care about video. — The company is behind a new online magazine called Real Life, which will publish roughly …
Discussion:
Real Life, @nathanjurgenson, TechCrunch, Business Insider, Softpedia News, PCMag UK, FishbowlNY, SlashGear, The Verge, PC Tech Magazine, CNET, @mikealbanese, Fast Company, The Next Web, VatorNews and @samfbiddle
Ellen Gamerman / Wall Street Journal:
As its famous hosts leave the airwaves NPR seeks a younger audience but is having trouble keeping up with innovative podcasters — With both its stars and audience aging, NPR is struggling to adapt to the digital age: ‘The most innovative people are doing podcasts’ — Old hosts die hard in public radio.
Discussion:
@petersagal, New York Times, FederalNewsRadio.com, MyNewsLA.com, Star Tribune, @wsj and Wall Street Journal
Robinson Meyer / The Atlantic:
Interview with Medium's Ev Williams on corporate web consolidation, the open web, and centralized platforms — To a certain kind of nerd, Ev Williams is the Forrest Gump of internet media. Williams helped write the software that made us call blogs blogs. He founded a podcast company years before most people listened to them.
Discussion:
@james_gross, @sacca and @billsimmons
Joseph Lichterman / Nieman Lab:
Q&A with Sports Illustrated incoming editorial director Chris Stone on premium digital content, website redesign plans, and new verticals — Much has changed since Chris Stone first joined Sports Illustrated in 1992. — While SI was once focused solely on publishing a weekly magazine …
Discussion:
VideoInk and SI Media Kit
Michael Forsythe / New York Times:
How the publisher of a Chinese-language media company, Mirror Media Group, gets scoops and gossip on Chinese political figures from the safety of Flushing, NY — Ho Pin is in a very dangerous line of work. He publishes books chronicling the political infighting, the far-flung business interests and …
Ted Johnson / Variety:
Appeals Court Hands Vimeo a Victory in Liability for Copyright-Infringing Videos — A federal appellate court has ruled that Vimeo has limited liability over users' uploading of almost 200 videos with infringing music recordings, rejecting claims from record companies and publishers …
Daniel Frankel / FierceCable:
As pay TV provider group releases “Ditch the Box” proposal to FCC, Google-backed group calls it a delay tactic — A trade group backed by Google (NASDAQ: GOOG), Netflix (NASDAQ: NFLX) and Amazon (NASDAQ: AMZN) has derided the pay-TV industry's counter-proposal to an FCC plan to open cable …
Discussion:
Engadget