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5:20 PM ET, June 30, 2016

Mediagazer

 Top News: 
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 …
RELATED:
Newswire:
IBT Media announces restructuring, spinning Newsweek off into separate operating entity and clustering other IBT brands including International Business Times  —  Restructuring Designed To Support Future Plans  —  New York, June 30, 2016 (Newswire.com) - IBT Media, a privately held publishing firm …
Discussion: Recode
Justin Fenton / Baltimore Sun:
Judge grants new trial for Adnan Syed of popular “Serial” podcast; murder conviction vacated  —  A Baltimore judge has vacated the murder conviction of Adnan Syed, the subject of the popular “Serial” podcast that explored his case, and granted his request for a new trial.
Casey Newton / The Verge:
Facebook is shutting down its Paper newsreading app on July 29th  —  Facebook is shutting down Paper, a bold reimagining of the company's flagship app for iOS that impressed critics but failed to attract a large audience, the company said today.  The app transformed the core Facebook experience …
Bloomberg:
Source: Disney to buy 1/3 stake in video unit of MLB Advanced Media in deal valued at $3.5B  —  Walt Disney Co. agreed to acquire a one-third stake in the video-streaming unit of MLB Advanced Media, in a deal valued at about $3.5 billion, according to a person familiar with the matter.
Discussion: @ourand_sbj, @pkafka and Variety
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 …
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,” …
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.
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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 More News: 
Mark Sweney / Guardian:
News Corp buys radio company Wireless Group, owner of TalkSport, for £220M
 Earlier Picks: 
Sara Ashley O'Brien / CNNMoney:
Nearly 80 media organizations unite to focus on homelessness in San Francisco, spearheaded by Audrey Cooper, editor in chief of The San Francisco Chronicle
Casey Newton / The Verge:
Facebook adjusts News Feed to favor friends and family over publishers