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 …
Discussion:
@learmonth, Folio, @petersterne, @hadas_gold, @kath_krueger, @davidsirota, @joshsternberg, @tylerkingkade, @red_mercer, @alexeheath, @alexckaufman, @schwindter, @maggieastor, @nkulw, @zoeschlanger and @schwindter
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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
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 …
Discussion:
Billboard, Fortune, @nytimesbits, RAIN News, Complete Music Update and Newsmax
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.
Discussion:
@cjbrownlaw, The Wrap, @loganmbooker, @unclechaps, The Week and New York's PIX11
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 …
Discussion:
Business Insider, @jguynn, @stevekovach, 9to5Mac, The Next Web and Pocket-lint
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
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 …
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,” …
Discussion:
The Wrap, Broadcasting & Cable, Deadline, Los Angeles Times, Quartz, Globe and Mail, Bloomberg, Variety, Financial Times, Reuters, Bloomberg, Variety, Yahoo Finance, 89.3 KPCC, New York Times, The Verge, The Wrap, Yahoo, Forbes, CNNMoney, Hollywood Reporter, TheStreet.com, Stocks to Watch, USA Today, Wall Street Journal, Hollywood Reporter, CNBC and Business Insider
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 …
Discussion:
Adweek, Fast Company, The Verge, Mic and Big Think
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