Top News:
Benjamin Mullin / Wall Street Journal:
Wordpress.com owner Automattic buys technology and publishing company Atavist, a deal that includes its CMS, customer base, and the Atavist Magazine — Automattic's deal for Atavist will expand the suite of subscription and membership tools it has to offer
Discussion:
The WordPress.com Blog, @dimensionmedia, Docs, @maxlinsky, @rafat, @peterpham and @tomcritchlow
Tessa Lyons / Facebook:
Facebook announces updates in effort to fight false news: using more machine learning, expanding fact-checking partnerships, using Claim Review framework, more — Over the last year and half, we have been committed to fighting false news through a combination of technology and human review …
Discussion:
Poynter, BuzzFeed, @billadairduke, Bloomberg, Marketing Land, Fortune, The Daily Caller, Engadget, TechCrunch, @dpfunke, Gizmodo, @mattnavarra and Fast Company, more at Techmeme »
Alex Kantrowitz / BuzzFeed:
Twitter has made a somewhat miraculous comeback in the past two years, with rising revenue and MAUs, due to luck and a focus on news and premium video — A bird emerges from the ashes. — Two years ago, people were writing eulogies for Twitter. — Rudderless and without product direction …
Discussion:
@bohan, @raju, @can, @xc, @kantrowitz, @kantrowitz, @ashleymayer, @marklittlenews, @monteiro, @cwarzel, @kantrowitz, @mathewi, @richbtig and @ratamahattass, more at Techmeme »
Brent Lang / Variety:
SEC filing: MoviePass parent Helios and Matheson Analytics plans to raise up to $164M through a bond sale and by issuing 20K+ shares — MoviePass's parent company has launched a $164 million bond sale as the struggling subscription service tries to find ways to stay afloat and boost its dwindling stock price.
Discussion:
Business Insider, The Wrap, /Film, Deadline, The Wrap, Gizmodo, @thefilmstage, @themeparkjosh, Engadget, Wired and MacRumors
NBC News:
Thomson Reuters Special Services signed a $6.8M ICE contract in March; spokesperson says news gathering unit is independent of other commercial contracts — The contracts highlight how technology companies are putting their innovations to work with the U.S. government in ways that are often not visible to the public.
Discussion:
@jaxalemany and Talking Biz News
Alexandra Steigrad / New York Post:
Sources: former Vanity Fair editor Graydon Carter is planning his own media company covering wealthy and famous European families, is in talks with TPG Capital — Revenge may just be the sweetest victory for Graydon Carter. — The legendary magazine editor, less than a year after stepping away …
Discussion:
@meganmurp, Mediaite, @alex_norcia, @jeremymbarr and @maxwelltani
Donie O'Sullivan / CNNMoney:
By embedding lighthearted tweets without trying to verify the authenticity of Twitter accounts, news outlets legitimize and increase the reach of Russian trolls — Russians released anti-Clinton video game weeks before election — Russian trolls posing as an American college student tweeted …
Discussion:
@lilymasonphd, @cnn and @blowryontv
Lesley Goldberg / Hollywood Reporter:
MTV launches MTV Studios, which will reboot and reimagine past shows and franchises like Daria and The Real World to shop them to outside networks and streamers — Network president Chris McCarthy wants to mine the youth-focused cable network's vault to revive old hits …
Discussion:
Variety, @jongraywb, Fortune, @kingbeyoncestan, Consequence of Sound, @thr, The Outline, The Verge, Gothamist, The A.V. Club and PAPER
The New York Times Company:
The New York Times adds Michelle Alexander, author of The New Jim Crow, as a columnist for its opinion pages starting September — Today The New York Times announced that Michelle Alexander will join the Opinion pages as a columnist in September. — James Bennet, New York Times editorial page editor …
Discussion:
@jformanjr, @jenparker393, Splinter, @parkermolloy, @jamilsmith and @msshanitarenee
Janko Roettgers / Variety:
AT&T unveils 31 TV networks offered in its WatchTV streaming service, which is launching next week for $15/month and is also included in two wireless plans — AT&T announced the launch of its new internet service Watch TV Thursday, revealing both the TV networks included in the service …
Discussion:
Radio & Television …, Fast Company, @reckless, Hollywood Reporter, Engadget, MediaPost, PR Newswire, Fortune, MacRumors, Multichannel News, The Verge, 9to5Mac and CNET, more at Techmeme »
Josh Constine / TechCrunch:
Facebook begins letting Group admins test a feature that charges members $4.99 to $29.99 per month for access to exclusive sub-groups — Facebook is starting to let Group admins charge $4.99 to $29.99 per month for access to special sub-Groups full of exclusive posts.
Discussion:
@noahchestnut, The Verge, Facebook, Stock Market News …, MediaNama, Entrackr, Fast Company, INSIDE, Fortune, SlashGear, The Next Web, Gizmodo, Android Police, Alex Deve, Engadget, MediaPost and @elanazak
Taylor Blatchford / Poynter:
Gallup/Knight survey: 77% of Republicans believe news is biased vs. 44% of Democrats and ratings of accuracy and bias diverge especially for Fox, CNN, and MSNBC — Americans believe 39 percent of news in newspapers, on TV or on the radio is misinformation — but their views of social media are even worse.
Discussion:
The New York Observer, Knight Foundation, @brianstelter, @viacristiano and Trust, Media and Democracy
Lea Trusty / The Engaged Journalism Lab:
Research finds gaps in philanthropic support for newsroom diversity, with fewer and smaller grants for ethnic and racial groups, women, and LGBTQI populations — New research released today by Democracy Fund traces half a decade of philanthropic investment in organizations, programming …
Discussion:
DemocracyFund
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