Top News:


Time Warner changes its name to WarnerMedia, new CEO John Stankey says it will need to develop “new plays” to keep up with a fast-changing industry — One day after completing its acquisition of Time Warner, AT&T announced a new name for the media company: WarnerMedia.
Discussion:
CNNMoney, @joepompeo and Fast Company
RELATED:


Q&A with new WarnerMedia CEO John Stankey on managing culture differences, overseeing politically sensitive content, and a hands-off approach to HBO and CNN — After AT&T closed its $85.4 billion acquisition of Time Warner on Thursday, the wireless giant immediately appointed John Stankey …
Discussion:
Bloomberg, Wall Street Journal, TVNewser, TV Tattle and Boing Boing


An opinion on why the decision to let AT&T buy Time Warner was wrong since it conflated internet platforms with providers after the government made a weak case — Let's read 170 pages of dunking on Professor Carl Shapiro together — AT&T and Time Warner won a historic court victory this week …


Oprah Winfrey signs multiyear non-exclusive deal for new original programs with Apple; Winfrey is expected to have an on-screen role as host and interviewer — Oprah shares her secrets to success with graduates — Apple has signed Oprah Winfrey to a multiyear deal for new original programs.
Discussion:
Recode, Apple, Fast Company, The New York Observer, Hollywood Reporter, Wall Street Journal, Broadcasting & Cable, Fortune, Business Insider, Patently Apple, MediaPost, Mashable, TechCrunch, MacRumors, @pkafka, BuzzFeed, @lucas_shaw, The Week, @richbtig, Financial Times, Los Angeles Times, Vanity Fair and USA Today, more at Techmeme »


Legendary Entertainment's site the Nerdist removes references to founder and former podcast host Chris Hardwick after his ex-girlfriend's unnamed abuse claims — “Chris Hardwick had no operational involvement with Nerdist for the two years preceding the expiration of his contract in December 2017.
Discussion:
Chloe Dykstra, Deadline, The Verge, Vulture, The Wrap, The A.V. Club, Motherboard, Jezebel, The Wrap, Page Six, E! Online, Vulture, EW.com and Snopes.com


Over 70 internet experts and pioneers pen letter opposing proposed EU copyright provision to require internet platforms filter content, before next week's vote — As Europe's latest copyright proposal heads to a critical vote on June 20-21, more than 70 Internet and computing luminaries …
Discussion:
Wikimedia Blog and Publishers Weekly


Sources: AMI has purchased In Touch, Life & Style, and Closer from Bauer Media; it now owns all celebrity weeklies aside from People — American Media Inc. has tightened its grip on the celebrity magazine market. — Page Six has learned that AMI has purchased In Touch, Life & Style and Closer from German publisher, Bauer.
Discussion:
Mediawire, New York Post, Folio, Mr. Magazine, The Wrap and The Daily Beast


Flipboard's self-service program and human editors have made the app popular with publishers who have seen traffic soar; referrals to Vanity Fair rose 719% YoY — - Publishers are seeing a surprising web traffic spike from Flipboard, thanks to a recent tweak that sends loads of hits to their websites.


In 2009 Arthur Sulzberger Jr. approached Warren Buffett for financial help, Buffett may have declined due to loyalty to then WaPo owners the Graham family — Nine years later, a closely guarded New York Times secret is revealed.


Hulu: 44% of viewers binge at least once a week, average viewer is watching 10 shows, ~130K watched all 180 episodes of The Golden Girls in about 2 months — 44% of Hulu subscribers binge-view at least once a week, data shows — Hulu issued some revealing data this week that shines …
Discussion:
@nutco


MetaFilter considers subscription-based and community-funded models as it discloses that it's running at an $8,000/month deficit in financial update — Important site updates, folks: — 1. The site is running at a significant deficit and we urgently need to make that up.
Discussion:
@joshmillard, @mikkelmarius, @joshmillard, @joshmillard, @joshmillard and @joshmillard

In interview, Baquet and Haberman say Trump's hostility toward the NYT stems from his wish for establishment approval, explain the NYT's use of the word “lie” — Just a month into his Presidency, Donald Trump called the news media “the enemy of the American people.”
Discussion:
Mediaite, @brianstelter and @brianstelter