Top News:
Casey Newton / The Verge:
Facebook adjusts News Feed to favor friends and family over publishers — Facebook is adjusting the algorithm that runs the News Feed to promote posts from friends and family members over posts from publishers, the company said today. This marks the second time in recent years that Facebook …
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Politico:
Sources: IBT Media lays off at least 20 journalists, primarily from tech and media desks — IBT Media unexpectedly laid off at least 20 journalists on Thursday, POLITICO has learned. — The tech and media desks were hit the hardest. Michael Learmonth, the tech, media and culture editor of IBTimes …
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Laura Hazard Owen / Nieman Lab:
Reuters report: consumers prefer text over video for hard news but big breaking stories increase video interest — On November 13, 2015, terrorists coordinated multiple attacks in Paris, killing 130 people and injuring hundreds. On the day of the attacks, the BBC experienced …
Ben Sisario / New York Times:
Justice Department declines changes to music royalty rules, denying requests for more publisher control over digital licensing — The Justice Department dealt a blow to the music industry this week when it declined to change the longstanding regulatory agreements that govern Ascap and BMI …
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Billboard, Fortune, @nytimesbits, RAIN News, Complete Music Update and Newsmax
Amol Sharma / Wall Street Journal:
Nielsen releases ratings from Netflix, Hulu, Amazon to studio partners interested in receiving streaming metrics about shows/episodes for specific time frames — Measurement specialist provides media partners with data on select shows, according to client presentation
Bloomberg:
Lions Gate Buys Starz for $4.4 Billion for Premium Cable Outlet — Independent film, TV studio will pay cash and stock for Starz — Acquisition makes Lions Gate a player on the pay-TV dial — Lions Gate Entertainment Corp., the studio that produced “The Hunger Games” and “Mad Men,” …
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Todd Spangler / Variety:
Olympics in VR: NBC to Present 85 Hours of Virtual-Reality Content on Samsung Devices — NBC is leaning into virtual reality — the hot tech flavor of the moment — with plans to pump out some 85 hours of VR programming for the Rio 2016 Summer Olympic Games.
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Brian Steinberg / Variety:
NBCUniversal to provide 6,755 hours of TV coverage and 4,500 hours of live-streaming from Rio Olympics, also plans on distributing 4K UHD and VR content
NBCUniversal to provide 6,755 hours of TV coverage and 4,500 hours of live-streaming from Rio Olympics, also plans on distributing 4K UHD and VR content
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David Drake / Rolling Stone:
Apple continues to invest heavily in music videos, concert films, and album exclusives to boost Apple Music — The tech giant is opening its checkbook and getting inolved with artists' careers like never before — Drake's “Hotline Bling” video, Taylor Swift's tour movie and the Weeknd's …
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Quartz, MacRumors, RAIN News, New York Times, Business Insider, @tim and The Loop
Peter Kafka / Recode:
In letter to Apple's general counsel, Spotify says Apple won't approve app update in move to “diminish competitiveness” of Spotify on iOS — “We cannot stand by as Apple uses the App Store approval process as a weapon.” — Spotify says Apple is making it harder …
Anthony Ha / TechCrunch:
Hyper, the Mic-owned app for curated videos, comes to iPhones — Hyper founder and CEO Markus Gilles said he has a simple goal — to create “the single best video app.” — We covered the company last August when it launched its first app on the iPad. Since then, it's been acquired …
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Adweek, Fast Company, Big Think, Mic and The Verge
Elsa Keslassy / Variety:
Snapchat opens Paris office and is in talks with Le Monde and other French newspapers for Discover channels — PARIS — Snapchat, the hot social media app, is launching in France and has hired an industry vet, Emmanuel Durand, who is the well-regarded senior VP of marketing …
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Telecompaper
Mark Sweney / Guardian:
News Corp buys radio company Wireless Group, owner of TalkSport, for £220M — Wireless Group was founded by former Sun editor and current columnist, Kelvin Mackenzie, who sold it to UTV in 2005 — News Corporation, the parent company of the Sun and Times, has struck a £220m deal …
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