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4:15 AM ET, June 22, 2017

Mediagazer

 Top News: 
AP News:
The Wall Street Journal fires foreign affairs correspondent Jay Solomon after evidence emerges about his involvement in a prospective business deal with source  —  WASHINGTON (AP) — The Wall Street Journal has fired its highly regarded chief foreign affairs correspondent after evidence emerged …
Josh Constine / TechCrunch:
Periscope debuts Super Hearts, which viewers can buy in-app using virtual coins starting at $0.99, earning creators a monthly pay-out  —  Periscope has a new revenue stream and a new way to attract the best live video content to its Twitter-owned app.  Today Periscope launches Super Hearts …
Caysey Welton / Folio:
Rodale hires advisers Allen & Company to explore the company's strategic options, including a possible sale  —  Rodale might be for sale.  Or it might not be.  That was the announcement the company sent out today.  —  In a release received by Folio: this afternoon, the company states …
Austen Hufford / Wall Street Journal:
Many media startups are relying on unpaid student writers to fill their site with content, like Spoon University, which once had ~8,000 unpaid student writers  —  Chapter-based, for-profit media companies like Spoon University and Odyssey have been popping up in college markets across the U.S.
Sydney Ember / New York Times:
Wenner Media to sell Men's Journal to American Media Inc., publisher of The National Enquirer and buyer of Us Weekly in March  —  First, Wenner Media sold nearly half of its ownership of Rolling Stone.  Then it sold its celebrity magazine Us Weekly.  And now, on the eve of Rolling Stone's …
Steven Perlberg / BuzzFeed:
An inside look at how The Guardian's US operation has struggled to crack America, with some sources comparing it to a glorified foreign bureau for the UK paper  —  The Guardian's US newsroom didn't become the voice of the Bernie left during the election.  It didn't break huge campaign scoops.
John Eggerton / Broadcasting & Cable:
11 Democratic senators call on Justice Department to scrutinize AT&T/Time Warner merger for potential harm to consumers  —  Group says it has all the makings of a potentially anticompetitive behemoth  —  With only the Justice Department having to sign off on the AT&T-Time Warner merger …
Discussion: MediaPost and Variety
Todd Spangler / Variety:
Wedding ad network BrideClick acquires assets of bankrupt Mode Media, will merge Mode's assets into new company Glam Inc  —  The assets of Mode Media, a once high-flying women's lifestyle digital media company that crashed into bankruptcy oblivion last year, have been acquired by BrideClick …
Wall Street Journal:
Altice USA prices IPO at $30/share, raising $1.92B, more than any other U.S.-listed telecom since 2000 and valuing the company at over $20B  —  The initial public offering of cable company Altice USA raised $1.9 billion, more money than any other U.S.-listed telecom since 2000, an encouraging sign for the beleaguered sector.
Ricardo Bilton / Nieman Lab:
A look at how The Economist is using Medium to give readers an inside look at its reporting and production via its Inside The Economist blog  —  “We're always asking: How do I know that I'm not wasting my time on a platform by chasing vanity metrics?  If we focus on traffic, we miss quality."
 
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 More News: 
Brendan Pierson / Reuters:
Former chief digital officer of Epix cable TV network, Emil Rensing, pleads guilty to wire fraud in a case that defrauded Epix of $7M+
Discussion: The Verge and Engadget
Nick Vivarelli / Variety:
France Televisions and Italy's RAI have signed a co-production pact to counter the rise of US streaming giants like Netflix and Amazon
Chris O'Brien / VentureBeat:
Dailymotion relaunches video platform with a focus on premium content and four themes: news, sports, music, and entertainment
 Earlier Picks: 
Mădălina Ciobanu / Journalism.co.uk:
Media research firm Kaleida launches The Attention Index, an open-source algorithm to measure the quality and impact of stories
Ingrid Lunden / TechCrunch:
Millennial news site Mic raises $6.5M from WPP, one of the world's largest ad agencies, in addition to the Series C round it announced in April
Discussion: WPP
Jon Lafayette / Broadcasting & Cable:
In a first for broadcasters, Fox to adopt six-second ads that are created internally and billed by viewable impressions
Discussion: Tubefilter