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2:50 PM ET, June 15, 2017

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RELATED:
Peter Kafka / Recode:
Filings: Spotify reaches 140M MAUs as 2016 revenue grew over 50% YoY to $3.3B, with a net loss of $601M; firm agrees to pay big labels $2B+ over next two years  —  The streaming service posted revenue of $3.3 billion last year; it has promised big checks in exchange for better rates.
Ricardo Bilton / Nieman Lab:
One month after the death of Javier Valdez Cárdenas, a number of publications and organizations have created a new campaign to push for journalist protection  —  “It is a problem that is affecting fundamental human rights of all Mexicans — the right to freedom of expression, the rights to access information."
Kristine Lu / Pew Research Center:
Pew: 80%+ of US adults get news on their phones, up from half that four years ago, with 25% of growth over past year coming from 65-year-old adults  —  Mobile devices have rapidly become one of the most common ways for Americans to get news, and the sharpest growth in the past year …
Discussion: INMA
Todd Spangler / Variety:
Social video app Musical.ly launches a series of short original shows, after signing deals with Hearst, NBCUniversal, and Viacom  —  Musical.ly, the lip-syncing social video app popular among teen girls, is stirring professionally produced content into its mix of user-generated content.
Gabriel Sherman / New York Magazine:
Fox News has dropped the marketing slogan “Fair & Balanced”, invented by Roger Ailes in 1996, to be replaced by “Most Watched. Most Trusted.”  —  As Fox News moves further into the post-Roger Ailes era, the network is shedding one of its most iconic elements.
Lucia Moses / Digiday:
Bloomberg Businessweek unveils redesign and launches paywall, offering readers four free articles a month, with digital access costing $50-$60/year  —  Bloomberg Businessweek is introducing a two-tiered membership model starting today, joining other publishers that are trying …
Todd Spangler / Variety:
Amazon, CBS, Disney, HBO, NBCU, Netflix, Warner Bros., Twentieth Century Fox form anti-piracy coalition the Alliance for Creativity and Entertainment  —  Members of anti-piracy coalition include Disney, Amazon, HBO, Netflix, NBCU, CBS, Warner Bros., Twentieth Century Fox
Discussion: Naked Security and Forbes
Ian Morris / Forbes:
Report: Netflix has 50.85M subscribers, surpassing major US cable networks' 48.61M for the first time; cable subs down 4M in the five years Netflix's doubled  —  Netflix has, for the first time, surpassed cable in total subscribers according to Leichtman Research.
 
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 More News: 
Justin McCurry / The Guardian:
UN special rapporteur on freedom of expression accuses Japan of eroding media freedoms, stifling public debate of issues like the Fukushima meltdown
Shan Wang / Nieman Lab:
English-language Indian business news site The Ken publishes one longform story each weekday and has 1,000+ paying subscribers
Daniel Funke / Poynter:
Report: full-time Dow Jones female employees earn on average less than 85% of their male counterparts
Discussion: Vanity Fair
Ars Technica:
Profile of Shiva Ayyadurai, who says he invented email and is running as a Republican in 2018 senatorial election, amid his libel lawsuit against Techdirt
 Earlier Picks: 
Michael Calderone / HuffPost:
HuffPost layoffs affect 39 people including reporter David Wood, who won the site its first and only Pulitzer Prize
Graham Ruddick / The Guardian:
UK judge rules News Corp unit must disclose invoices and let laptops used by James Murdoch be searched ahead of October phone hacking trial
Discussion: Ad Age