Top News:
Benjamin Mullin / Wall Street Journal:
Bloomberg's paywall, beginning Wednesday, costs $35/month, or $40/month with Businessweek subscription and events; non-subscribers can see 10 stories/month free — The paywall, which allows visitors to read 10 articles a month for free, includes a $39.99 option that comes with a subscription …
Discussion:
Business Insider, @cahnemily and @tomgara
New York Times:
Filing shows executives at Cambridge Analytica and SCL Group, along with the Mercer family, have moved to create a new firm, Emerdata, possibly for “rebranding” — The embattled political consulting firm Cambridge Analytica announced on Wednesday that it would cease most operations …
Discussion:
CA Commercial, Financial Times, Mumbrella and Boing Boing, more at Techmeme »
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Wall Street Journal:
Cambridge Analytica is shutting down following the Facebook data misuse scandal, says it was losing clients and facing mounting legal fees
Discussion:
Gizmodo, Fast Company, Wired, NBC News, Variety, The Guardian, The Verge, CNBC, Vanity Fair, ThinkProgress, VentureBeat, PAPER, Motherboard, Ad Age, @profcarroll, Engadget, Fast Company, Digital Trends, Business Insider, The Wrap, @charlesarthur, @otto_english, @georgeslefo, Adweek, USA Today, @philipdalidakis, @marcialangton, Law & Crime, MediaPost, The Next Web, Slate, Beyond Search, TechCrunch, The Hill, @rubenkmajor, @mollymckew, @rebeccaballhaus, @darth, @kris_sacrebleu, @lachlan, @timkmak, @natashafatah, @justin_ling, @claire_phipps, @agschneiderman, The Week, AOL, @profcarroll, Mediaite and New York Magazine, more at Techmeme »
Benjamin Mullin / Wall Street Journal:
The Outline raises $5.15M led by RRE at a $21.15M valuation; founder Joshua Topolsky says he avoided a larger raise to “create a sane business that's scalable” — Joshua Topolsky's digital-media startup, which is less than two years old, is now valued at $21.15 million
Discussion:
@hshaban and @whatthebit
Jessica Toonkel / Reuters:
Verizon's Oath signs distribution deal to place four of its apps, Newsroom, Yahoo Sports, Yahoo Finance, and Go90, on Samsung Galaxy S9/S9+ devices in the US — (Reuters) - Verizon Communications Inc's Oath Inc subsidiary has signed a deal to place four of its most popular apps on millions …
Discussion:
Ad Age, Techdirt, Gizmodo, Digital Trends, Oath, Droid Life, SlashGear, XDA Developers, @tylerrobb, The Verge, Android Police and The Drum, more at Techmeme »
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Borys Kit / Hollywood Reporter:
Gabriel Sherman, who wrote a book about Roger Ailes, will write a screenplay for a Donald Trump movie, The Apprentice, produced by Amy Baer via Gidden Media — The film will focus on the president's rise to power. — Donald Trump is getting the big-screen movie treatment in a film called …
Discussion:
The Wrap, Deadline, @ira, Mediaite, @jmrivera02, AOL and The Daily Caller
Sara Fischer / Axios:
Media exec Merrill Brown launches The News Project, a platform for news publishers, built by 10up, that includes AP wire access and uses Piano subscription tech — A group of media, journalism and tech companies has joined veteran media executive Merrill Brown to create …
Discussion:
MediaPost
David Beard / Poynter:
South Florida Sun Sentinel puts a moratorium on gun ads and apologizes for failing to follow its own policy of not placing gun ads on the front page — “It's a mess. It's horrible.” — That's Julie Anderson, editor-in-chief of the South Florida Sun Sentinel, reacting …
Discussion:
Miami New Times, Washington Post, @fred_guttenberg, Boing Boing, Sun-Sentinel, @sunsentinel, @fred_guttenberg, Associated Press and @juliea712
Alan C. Miller / The News Literacy Project:
News Literacy Project refused to remove mentions of Turkey's press restrictions in presentation for UN Alliance of Civilizations; alliance then postpones event — The United Nations Alliance of Civilizations (UNAOC) indefinitely postponed an event at the U.N. tomorrow to observe World Press Freedom …
Discussion:
@waltmossberg, @farnazfassihi, @raju, @farnazfassihi and @alanmillernlp
Karen K. Ho / Columbia Journalism Review:
Inside the finances of the WHCA in 2017: dinner cost $553K, made $805K, and $108K went to 25 scholarships, with the rest to operating expenses — White House Correspondent Association President Margaret Talev speaks at the WHCA dinner on Saturday, April 28, 2018. (Photo by Cheriss May/NurPhoto via Getty Images)
Discussion:
@roykenagy, @bgrueskin, @cashsports, Patrick F. Bagley, Chance Brown, Sadie Jernigan Valeri, @jayrosen_nyu, @karenkho, @oliverdarcy and PR Newswire
Andrew Wallenstein / Variety:
Condé Nast says Wired, GQ, and Bon Appetit will get streaming channels to be carried on Apple TV, Roku, Amazon Fire; Wired channel will launch later this year — Wired, GQ and Bon Appetit are slated to become the first magazine brands within Condé Nast to support …
Discussion:
MediaPost, Deadline and Wall Street Journal
Anita Balakrishnan / CNBC:
Spotify reports first ever financial results with Q1 revenue of €1.139B, up 26% YoY, on operating loss of €41M; MAUs up 30% YoY to 170M — - The company posted a total user base of 170 million, with 75 million paid subscribers, in line with expectations.
Discussion:
Variety, Recode, TechCrunch, MacRumors, @jank0 and @pkafka, more at Techmeme »
Todd Spangler / Variety:
Video streaming service Philo offers three free months of Pandora Premium for new and existing customers, limited to the first 200K to sign up — Philo is teaming with music streamer Pandora in the hopes of luring more cord-cutters and cord-nevers to its skinny internet TV bundle …
Discussion:
Multichannel News, Engadget and TechCrunch
Sara Fischer / Axios:
Facebook, which relies on Republicans to advocate for minimal regulation, is bringing in advisers to investigate claims it's biased against conservative voices — To address allegations of bias, Facebook is bringing in two outside advisors — one to conduct a legal audit of its impact …
Discussion:
Splinter, Media Matters for America, Mashable, @maxkennerly, @mariabustillos, ThinkProgress, The Hill, @stevenlevy, @pashulman, @page88, The Daily Caller, New York Magazine, Engadget, Gizmodo, @kausmickey, @jamisonfoser, @kausmickey, @peterwsinger, AdExchanger, @shannoncoulter, The Verge, Ad Age, @klonkitchen, @matthewstoller, @arishahdadi, @sarahnemerson, @rasmus_kleis, Vanity Fair, @sarafischer, Broadcasting & Cable, @matthewstoller, @jbenton, @rasmus_kleis, @culturejedi, @civilrightsorg, @raju, @mathbabedotorg, Recode, Fast Company, Recode and BuzzFeed, more at Techmeme »
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