Top News:
Pew Research Center:
Pew Research study of US teen internet usage finds 85% say they use YouTube, 72% use Instagram, 69% use Snapchat, while only 51% say they use Facebook — YouTube, Instagram and Snapchat are the most popular online platforms among teens. Fully 95% of teens have access to a smartphone, and 45% say they are online ‘almost constantly’
Discussion:
Slate, Fast Company, Tubefilter, The Wrap, Mashable, BGR, Digiday, @pewresearch, The Next Web, Ad Age, TechCrunch, Engadget, The Daily Caller, VentureBeat, FOX6Now.com, Business Insider, @pewresearch, The Hill, VideoInk, @profcarroll, @daniellamicaela, @logandobson, @lrainie, Slashdot, The Verge, MediaPost, CNET, Washington Post, Adweek and Deadline, more at Techmeme »
Benjamin Mullin / Wall Street Journal:
Cheddar buys MTV Networks on Campus, a news and entertainment network piped into US college campuses, from Viacom and will rename it CheddarU — Cheddar Inc. wants to be the big cheese on campus. The financial-news streaming service aimed at young people has purchased MTV Networks on Campus …
Discussion:
@adambain, @ericharris and Multichannel News
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Todd Spangler / Variety:
Internet pay-TV service Philo adds Cheddar Big News, Tastemade, and PeopleTV channels to its base package — It's a trend: Philo is the latest internet pay-TV service to plug linear channels from digital-media companies into its low-cost “skinny” bundles. — Philo, whose backers include …
Discussion:
Multichannel News and FierceCable
Sahil Patel / Digiday:
While BuzzFeed's audience for lifestyle content is large, its news unit drove its first two deals with Netflix and Hulu as it works to find revenue beyond ads — BuzzFeed has built a sizable audience on YouTube and Facebook with its entertainment and lifestyle content.
Discussion:
Wall Street Journal, The Information, @beejoli, @digiday, @shani_o, @rafat and @shiraovide
Tim Mak / NPR:
Reporter Tim Mak posts audio of 2015 legal threats from Michael Cohen: “Tread very fucking lightly” and “I will take you for every penny you still don't have” — Donald Trump's lawyer Michael Cohen is facing legal peril, including an FBI raid of his home and office …
Ken Doctor / Nieman Lab:
Once Tronc closes on LA Times sale, sources say clean balance sheet could make Tronc a takeover target; filing says five execs could get $23.5M if Tronc is sold — For a company that's known little but chaos in its short life, the degree of uncertainty is now as high as ever.
Discussion:
@scribeguy, @niemanlab, @latlands, @ctguild, @danbeucke, @laobserved, @laura_nelson, @mattdpearce and @mattdpearce
Wall Street Journal:
Early data after GDPR shows Google and Facebook are drawing ad money by gathering users' consent for targeted ads at far higher rates than competing services — Digital ad giants are gathering individuals' consent for targeted ads at far higher rates than many competing online-ad services, early data show
Discussion:
@krmaher, @nxthompson, @jeffjarvis, @dangillmor, MediaPost, @profcarroll, @kimmaicutler, Fast Company and Fortune
Sara Jerde / Adweek:
New York Media, Pop Sugar, and Rolling Stone join Concert, a digital ad marketplace founded by Vox Media and NBCU — Vox Media claims Concert will reach nearly 90% of internet users — Concert, the digital ad marketplace founded by Vox Media and NBCUniversal, is further expanding …
Discussion:
Wall Street Journal, @bankoff, @asharma, @reckless, @concert, AdExchanger and Business Insider
Kriston Capps / CityLab:
Study of 1,266 US counties from 1996-2015 finds government costs in cities increase when local newspaper close and can no longer act as watchdogs — When local newspapers shut their doors, communities lose out. People and their stories can't find coverage. Politicos take liberties when it's nobody's job to hold them accountable.
Discussion:
@ndhapple, @citylab, @patc and The Rural Blog
Anthony D'Alessandro / Deadline:
Fandango and Comcast launch a new voice integration for Xfinity X1 users that lets them purchase tickets from their TV while watching a movie preview — Advance tickets for Universal's June 22 release Jurassic World: Fallen Kingdom went on sale today and at the same time Fandango …
Ned Berke / Center for Cooperative Media:
Facebook's plans to manage promoted political content: a machine learning classifier begins June 6 and will scan text and images for terms related to politics — Facebook announced on May 24 that any Facebook Page promoting political content on the platform will need to follow the platform's rules for …
Margaret Harding McGill / Politico:
How Sinclair will keep some control of four TV stations it plans to sell after Tribune deal; ex-FCC chair Tom Wheeler says “it borders on a regulatory fraud” — Sinclair makes side deals that could place Republican-leaning programming on stations it won't own.
Discussion:
@jayrosen_nyu, @timkarr, @michaelschaeff2, @bkingdc and @notaaroncraig
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