Top News:
Bloomberg:
Verizon confirms it plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan — Verizon confirms it will buy Yahoo's operating business for about $4.8 billion in cash, Bloomberg News reports. — Yahoo says it will change …
Discussion:
Verizon FiOS & Custom TV, New York Times, Recode, @benedictevans, Globe and Mail, USA Today, Forbes, Forbes, VentureBeat, @dweinberger, Broadcasting & Cable, Broadcasting & Cable, Wall Street Journal, Refinery29, Ad Age, Home Media Magazine, @fmanjoo, @taralach, @yo, Business Insider, @mims, @fmanjoo, @tsgiles, The Daily Caller, Fortune, @vindugoel, @owenthomas, @kaushal, @andrewrsorkin, @suzywelch, @psawers, @ej_fournier, TechCrunch, Editor & Publisher, NetNewsCheck Latest, AppAdvice.com Latest, FishbowlNY, Mashable, Variety, The Wrap, Vanity Fair, Light Reading and @andrewkueneman
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Yahoo:
Marissa Mayer says she plans to stay at Yahoo, in email to worldwide employees — Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today. Given the interest around our journey to this point, I wanted to share more about today's announcement. -Marissa
Discussion:
New York Times, Washington Post, @elanazak, TechCrunch, Adweek, Business Insider, Recode, USA Today, Ad Age, CNNMoney, Wall Street Journal, The Next Web, TIME, New York Magazine, GeekWire, Refinery29, VentureBeat, Mashable, Fortune, Guardian, @sbyrnes, @marissamayer, MobileSyrup.com, The Verge and AdExchanger
Ingrid Lunden / TechCrunch:
Yahoo's remaining assets to rebrand after sale to Verizon in 2017 — One asset that Verizon will be getting as part of its $4.83 billion acquisition of Yahoo's core assets, which it did not specifically mention in its big announcement today, is Yahoo's (in)famous brand — main name, purple color and exclamation mark all included.
Discussion:
WWD, Fortune, Media Wire Daily, Forbes, @benthompson, TIME, Recode, Ad Age, Business Insider and VentureBeat
Patrick Tucker / Defense One:
Wikileaks DNC dump may have been sent to site by Russian government-sponsored hackers — Evidence suggests that a Russian intelligence group was the source of the most recent Wikileaks intel dump, which was aimed to influence the U.S. election. — Close your eyes and imagine …
Discussion:
New York Times, The New York Observer, USA Today, The Daily Caller, ABC News, The Verge, New York Magazine, Washington Post, Techdirt, Talking Points Memo, Business Insider, The Week, CNN, Mother Jones, bookforum.com, Guardian, ZDNet, The Intercept, Washington Post, NPR, Washington Post, CNN, Media Nation, Mediaite, ThinkProgress, The Next Web, Amala Network, Heat Street and CBS Miami
Michael Calderone / The Huffington Post:
Politico admits reporter Kenneth Vogel made a mistake sending advance copy of article to DNC, emphasizes no substantive changes were made before publication — No substantive changes were made to the piece, though the arrangement has prompted criticism from the RNC and prominent conservatives.
Discussion:
New York Times, Forbes, The Wrap, Mediaite, Hit & Run, Mashable, New Urban Legends, Bloomberg, USA Today, Miami New Times, NPR, Talking Points Memo, @futterish, The Daily Caller, Common Dreams, @gaylelemmon, Politicus USA, CNBC, Techdirt, CNN, New York Magazine, BuzzFeed, @glennthrush, Vanity Fair, Fortune, Refinery29 and Business Insider
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New York Magazine:
In a year filled with doubts about the media, interviews with over 40 journalists show industry's greatest faults, most pressing challenges, and some optimism — BY THE MEDIA. — For decades, the pollsters at Gallup have been asking Americans if they trust their media.
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Natalie Jarvey / Hollywood Reporter:
Food Network orders 6-episode series from YouTube star Hannah Hart, creator of My Drunk Kitchen — Hart will also produce digital content for the cable network. Food Network is going into business with YouTube star Hannah Hart. The cable network has ordered a six-episode travel and food series starring the comedian.
Discussion:
Eater
Maury Brown / Forbes:
Twitter strikes deal with MLB Media to livestream baseball, NHL games; financial terms not disclosed — A partnership between Twitter and MLB Advanced Media will see live Major League Baseball and National Hockey League games on the Twitter social media platform.
Discussion:
Adweek, Reuters, Variety, Engadget and TechCrunch
Leslie Berland / The Twitter Blog:
In blog post, Twitter CMO Leslie Berland announces ad campaign to show the social network is a news site, helping users discover what's happening in the world — A few months ago, we set out to understand more deeply the perceptions of Twitter around the world. As we dove into this research, some interesting trends emerged.
Discussion:
SocialTimes, TechCrunch, BetaNews, Vanity Fair, The Drum, Engadget, Mashable, The Verge and The Next Web
David Lieberman / Deadline:
Outerwall, parent company of Redbox, bought by private equity group for $1.6B, at $52 per share, a 6.6% premium on Friday's closing price — Apollo Global Management could become the nation's leading operator of DVD rental kiosks as the result of a $1.6 billion (including debt) …
John Herrman / New York Times:
Native ads make up 75% of The Atlantic's ad revenue, half of Slate's, as advertisers look to media firms for a full range of production and placement services — For some publishers unsettled by a fast-changing online advertising business, sponsored content has provided much-needed relief.
Bloomberg:
China orders web companies, including Tencent, to stop publishing original news reporting, imposes bans on several news portals — Internet portals must shut all original reporting operations — China's top internet regulator ordered major online companies including Sina Corp …
Discussion:
New York Times, Fortune, Variety, @davidsirota and @delaney
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