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6:30 PM ET, June 20, 2016

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 Top News: 
Noah Kulwin / Recode:
Tronc's latest branding video discusses content funnels and AI, resembles an Adult Swim parody, and draws criticism online for its use of buzzwords  —  Content funnels.  Artificial intelligence.  Optimize.  —  Last month, newspaper chain Tribune Publishing rebranded itself as Tronc …
Alan Murray / Fortune:
In interview with Fortune, Philippe Dauman defends his record as Viacom CEO, talks legal battle with Sumner Redstone, says he has lost more than $54M in stock  —  Philippe Dauman's fate as CEO of Viacom is now in the hands of a Delaware court, which must decide whether 93-year-old Sumner Redstone …
Benjamin Mullin / Poynter:
Politico journalists Anna Palmer and Jake Sherman will take over Politico's Playbook newsletter in July, according to memo from EIC John Harris  —  Journalists Anna Palmer and Jake Sherman will take over Politico's Playbook newsletter in July, according to a memo from Editor-in-Chief John Harris sent to newsroom employees Sunday night:
Sarah Perez / TechCrunch:
Tumblr to launch live video on Tuesday, will introduce a series of live broadcasts as well as a user-facing feature that could compete with Facebook Live  —  Twitter has Periscope.  Amazon has Twitch.  Google has YouTube's live streaming.  And Facebook has Facebook Live.
Madhumita Murgia / Telegraph:
Spotify says it has 100M+ monthly active users, adding 1.8M monthly, with 30% as paying subscribers  —  Spotify has confirmed that it has more than 100m monthly active users on its music streaming service today.  —  Based on its last count, the Swedish company is adding 1.8m users to the service monthly …
Discussion: SlashGear, MacRumors and Engadget, Thanks:@ravichandrans25
Nellie Andreeva / Deadline:
CBS Studios' Julie McNamara Joins CBS All Access As Head Of Original Content  —  As CBS All Access is mounting a push in original programming, the SVOD and live-streaming service is bringing in a top development executive to spearhead the efforts.  Julie McNamara, who has led drama development …
Discussion: The Wrap, Variety and The Wrap
Todd Spangler / Variety:
Analyst: Netflix price hikes could lead to 480K subs canceling but also generate $520M in additional revenue  —  A truckload of Netflix subscribers may bail on the streaming service after the No. 1 subscription video service raises prices for long-term customers over the course this year.
Discussion: The Next Web
Shan Wang / Nieman Lab:
Fast and furious: Using Axel Springer's reach, Business Insider is pushing rapid expansion abroad  —  Business Insider is wasting no time setting up its little newsrooms around the world.  With the recent launch of Polish and Nordic sites, the company now has 10 international editions.
 
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 More News: 
Todd Spangler / Variety:
Mashable buys YouTube channel CineFix, with over 1.6M subscribers, from Whalerock Industries
Todd Spangler / Variety:
Time Inc. Taps Producer Josh Oshinsky to Oversee Sports Illustrated Video Operations
David Bond / Financial Times:
Sources: Fleet Street papers discuss potential collaborations including the formation of a single ad sales operation
Jack Murtha / Columbia Journalism Review:
As Trump freezes out some news organizations, the Democratic mayor of Harrisburg, PA, follows suit, perhaps signaling increased dismissiveness of media
 Earlier Picks: 
Christopher Williams / Telegraph:
The Guardian accepts 257 voluntary redundancies, 69 from editorial staff, less than original target of 100
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

David Cassel / The New Stack:
An interview with Linus Torvalds at the Open Source Summit North America on the XZ Utils exploit, open source development, RISC-V, AI, and more

 
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