Top News:
Peter Kafka / Recode:
Sources: in reorg, BuzzFeed is cutting 20 jobs on the business side as Chief Revenue Officer Lee Brown writes in a memo that it's also hiring for over 45 jobs — It's part of a move away from Facebook and toward other revenue sources. — BuzzFeed, which laid off about 100 people last fall …
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Agence France-Presse:
Sources: BuzzFeed plans to shut down its French version after four years, with 14 staff set to lose jobs; chief editor calls the move “brutal” and “unexpected” — Paris (AFP) - US news website BuzzFeed is to shut down its French version after four years online, staff told AFP on Thursday.
Discussion:
@markdistef, @markdistef, @markdistef, The Wrap and The Daily Caller
Mark Sweney / The Guardian:
Amazon buys rights to exclusively livestream 20 Premier League football matches per season for three seasons starting from 2019 — US online retailer will exclusively livestream 20 matches per season from 2019 — Amazon has broken Sky and BT's stranglehold on Premier League football …
Discussion:
Forbes, Recode, Telegraph, Broadcasting & Cable, The Independent, Wall Street Journal, BBC, FierceCable, GeekWire, The Drum, Fortune, Awful Announcing and The Verge, more at Techmeme »
Jim Waterson / The Guardian:
Geordie Greig, current editor of The Mail on Sunday and previously of the London Evening Standard and Tatler, will become the new editor of the Daily Mail — Editor of Mail on Sunday to replace Paul Dacre who is stepping down after 26 years — Geordie Greig is to be the new editor of the Daily Mail …
Discussion:
@womensmarchlon, @andrew_adonis, Press Gazette, Jon Slattery, The Independent, @ian_fraser, City A.M., @jimwaterson, @jimwaterson, @peston and @pippacrerar
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Vivian Schiller / Civil:
Veteran media executive Vivian Schiller is named CEO of the Civil Foundation, a nonprofit that will set journalistic standards for media startup Civil — Editor's note: Vivian Schiller has been appointed as the inaugural CEO of the Civil Foundation, an independent, nonprofit organization …
Discussion:
@mg, @kwerb and @rasmus_kleis
Mike Farrell / Multichannel News:
PricewaterhouseCoopers predicts over-the-top TV revenue, which grew 15.2% in 2017 to $20.1B, will rise 12.2% this year and reach $30.6B by 2022 — Study says international growth, original content will fuel increases — PricewaterhouseCoopers predicts that over-the-top revenue …
Discussion:
Forbes
Ilyse Liffreing / Digiday:
Direct-to-consumer brands lower their Facebook ad spend and turn to radio, print, and Instagram as competition for space has made Facebook ads too expensive — Four years ago, when Rich Fulop founded Brooklinen, the direct-to-consumer luxury bedding startup, the customer acquisition strategy …
Discussion:
@digiday, @petersontee and @jyarow
Joe Otterson / Variety:
Apple will develop Shantaram, a novel about an Australian man on the run in Bombay, as a drama series; news follows Apple's announcement of two half-hour series — In a competitive situation, Apple has landed the rights to develop Gregory David Robert's novel “Shantaram” as a drama series.
Josh Constine / TechCrunch:
Sources: Instagram to launch Snapchat Discover-style video hub with scripted shows, music videos, and more; announcement tentatively slated for June 20 — Instagram is preparing to unveil a home for longer-form video — a YouTube competitor and its take on Snapchat Discover.
Discussion:
MacRumors, The Daily Caller, Gizmodo, Fast Company, Business Insider, Engadget, 9to5Mac, Fortune, Refinery29 and @joshconstine
Josh Constine / TechCrunch:
Facebook testing Marketplace ads in the US that let users promote their listings in the News Feed — Twenty months after launching its Craigslist competitor, Marketplace, and relentlessly promoting it with placement in the main navigation bar, Facebook will start earning money off its classifieds section.
Discussion:
Engadget, Facebook, Marketing Land, Fast Company and The Verge
Stephanie Chan / VentureBeat:
Facebook launches fb.gg, a portal where users can browse gaming livestreams, and gives emerging streamers access to monetization tools with Level Up program — Facebook launched its Gaming Creator program in January to boost gaming livestreams on its platform.
Discussion:
TechCrunch, Variety, Adweek, Facebook, Tubefilter and Engadget, more at Techmeme »
Mark Di Stefano / BuzzFeed:
Guardian cartoonist objects after editor refused to publish his cartoon of a slain Palestinian medic in a fireplace between Theresa May and Benjamin Netanyahu — Steve Bell hit back at the Guardian for claims his cartoon had Nazi overtones. … Guardian cartoonist Steve Bell has written …
Discussion:
HuffPost UK
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