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6:50 AM ET, June 21, 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 …
Steven Perlberg / Wall Street Journal:
New York Times Chief Executive Mark Thompson says paper will launch ad-free option for subscribers in response to the rise of ad-blockers  —  CEO Mark Thompson says readers can pay more to ditch ads online amid rise in ad-blocking adoption  —  New York Times Co. Chief Executive Mark Thompson confirmed plans …
Sarah Perez / TechCrunch:
Tumblr to launch live video on Tuesday with an expanded strategy for real-time content  —  Twitter has Periscope.  Amazon has Twitch.  Google has YouTube's live streaming.  And Facebook has Facebook Live.  Now, Tumblr is getting into live video, too.  The company is preparing to launch …
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 …
Peter Kafka / Recode:
Taylor Swift, U2, other artists, sign open letter calling on Congress to rewrite DMCA legislation  —  An open letter to Congress asks for change to the DMCA, but it's aimed at Google's video site.  —  The music industry is ratcheting up its fight against YouTube.  And Taylor Swift is joining in.
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: Fast Company and The Next Web
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 …
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:
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 and Variety
Liana B. Baker / Reuters:
Eldridge Industries, owner of The Hollywood Reporter and Billboard, hires bankers to review media holdings  —  Eldridge Industries, the U.S. owner of TV production company Dick Clark Productions and magazines Billboard and The Hollywood Reporter, told Reuters on Friday that it had hired investment banks …
 
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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
 Earlier Picks: 
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
Shan Wang / Nieman Lab:
Fast and furious: Using Axel Springer's reach, Business Insider is pushing rapid expansion abroad
Digital Book World:
Hachette UK buys British mobile game studio Neon Play, which will remain standalone business
Christopher Williams / Telegraph:
The Guardian accepts 257 voluntary redundancies, 69 from editorial staff, less than original target of 100
 

 
From Techmeme:

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

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

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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