Top News:
Mathew Ingram / Columbia Journalism Review:
How the spreadsheet that classified job applicants, with rankings of social class, “justice seeking” traits, and more, illustrated the divide within The Markup — There are things about the recent implosion of The Markup that make it unique—in particular, that it raised $23 million …
Maxwell Tani / The Daily Beast:
Sources: top editorial staffers Susie Banikarim, Alex Dickinson, and Tim Marchman are out at G/O Media amid a restructuring that could affect 25+ staffers — As part of a major restructuring effort that could affect 25 staffers. — Several of the top editorial employees at the company formerly known …
Discussion:
@maxwelltani, @maxwelltani, @maxwelltani, @lam_barrett, @kashhill, @_zeets, @ashleyfeinberg, @kashhill, Variety, @banikarim, @timmarchman, @tomscocca, @banikarim, @gabydvj, @nicka_martin, @thrillistunion, @jeremymbarr, @nicka_martin, @theseantcollins, @bobbybigwheel, @ashleyfeinberg, @timmarchman, @sophiekleeman, @katiedrumm, @toley88, @patrick_wyman, @chick_in_kiev, @lindseyadler, @maxwelltani, @jeremymbarr and @heyveronica
Wall Street Journal:
Cable operator Altice USA agrees to acquire streaming-video network Cheddar for $200M; Cheddar founder Jon Steinberg to become president of the Altice News unit — Cheddar founder and CEO Jon Steinberg is set to become president of Altice News, overseeing Cheddar, News 12 and i24News
Discussion:
Digiday, Adweek, Altice USA, Inc., Fast Company, @lilliannnn, @felixsalmon, @melisoncheddar, @adamsinger, @richbtig, @arashmassoudi, @lisahopeking, @rafat, @gitagovinda, @edmundlee, @adamsinger, Business Insider, TechCrunch, Benzinga, The Wrap, CNN, Talking Biz News and Crain's New York Business, more at Techmeme »
Brian Steinberg / Variety:
ESPN announces plans to shut down ESPN The Magazine in September after 21 years; the company is considering publishing standalone print issues — ESPN, the sports-media giant with an influence that extends across several types of media, is getting out of one particular venue: print.
Discussion:
Sports Business Daily, @tommytomlinson, @arashmarkazi, @molly_knight, Ad Age, @_keithfletcher, Deadspin, @alv9n, @ddiamond, @ellabrockway, Folio, Breitbart, @jackiealexander, @megreenwell, @tommytomlinson, Adweek, Awful Announcing, The Spun, The Big Lead, Chicago Sun-Times and New York Post
@the_corres:
The Correspondent apologizes for creating the impression its expansion would be US focused, says it will share plans for the $2.6M it raised in coming weeks — We screwed up: http://twitter.com/...
Discussion:
Nieman Lab, @laurahazardowen, @natesilver538, @jayrosen_nyu, @rafat, @tasneemraja, @newsbyschmidt, @ckrewson, @baratunde, @tomgara, The Guardian and @aodespair
Jonathan Shieber / TechCrunch:
In a letter to creators, YouTube CEO Susan Wojcicki says YouTube wants to have half of the videos in its trending tab come from YouTube creators — YouTube wants to have half of the featured videos in its trending tab come from streams originating on the company's own site going forward …
Discussion:
YouTube Creator Blog, 9to5Google, The Verge, Engadget and Tubefilter, more at Techmeme »
Joseph Lichterman / The Lenfest Institute …:
The Detroit Free Press created a unique social media voice by using a sassy persona that makes jokes and tackles serious issues to connect with its community — A few months ago, a hoax Twitter account purporting to be Michigan Rep. Rashida Tlaib made some waves online.
Discussion:
American Press Institute, Thanks:@steverubel
John Koblin / New York Times:
The Obamas' new production company, Higher Ground Productions, announces seven projects for Netflix, including an adaption of NYT's “Overlooked” obituary series — Eleven months after striking a deal with Netflix, the Obamas have a slate of programming.
Discussion:
The Wrap, @brianstelter, The Week, Eater, Fast Company and Talking Points Memo
Oliver Darcy / CNN:
Venezuela took CNN off the air by ordering TV providers to block the channel, and a BBC spokesperson said BBC Global news was also taken off the air — New York (CNN Business)CNN was taken off the air by the Venezuelan government on Tuesday moments after the network broadcast a feed …
Discussion:
TVNewser, @oliverdarcy, The Daily Beast and Mediaite
Jeremy Barr / Hollywood Reporter:
Salem Media Group, home to RedState, bought PJ Media in March for $100K, though radio is the company's primary revenue source with 116 stations in 39 markets — The California-based broadcaster's digital acquisitions have turned heads, but the company's revenues primarily come from 116 radio stations in 39 markets.
Alex Weprin / MediaPost:
Former Roku executives launch Tetra TV, an advertising network that aims to connect buyers to ad inventory from 100+ streaming video channels across platforms — A pair of veterans of the OTT platform Roku are launching a new advertising network, focusing on connected TV.
Discussion:
Broadcasting & Cable, Variety, PR Newswire and Radio & Television …, more at Techmeme »
Anthony Ha / TechCrunch:
Online engagement platform Spot.IM, with customers including Hearst, Refinery29, Fox News, and Engadget, raises a $25M Series D led by Insight Venture Partners — Spot.IM announced today that it has raised $25 million in Series D funding. — We've written about the company's commenting platform before …
Discussion:
MediaPost, VentureBeat and MarTech Advisor
Wayne Friedman / MediaPost:
Charter Communications slightly beats Q1 estimates, with $11.2B revenue, up 5.1% YoY; broadband revenue grows 9% YoY to $4B as video subscriptions keep falling — Charter Communications posted rising overall first-quarter results — slightly higher than analysts estimates.
Discussion:
Light Reading, Fast Company and FierceVideo
Scott Soshnick / Bloomberg:
YouTube gets exclusive rights to stream 13 MLB games in the 2nd half of the season in the US and Canada on MLB's YouTube channel and a new YouTube TV channel — - Package of 13 games will run through second half of MLB season — YouTube TV has been World Series presenting sponsor since 2017
Discussion:
Multichannel News, TechCrunch, Variety, The Verge, 9to5Google and Engadget
RELATED:
Todd Spangler / Variety:
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN
Discussion:
American Press Institute, MediaPost, Multichannel News, Adweek, Radio & Television …, Awful Announcing, The Wrap, TechCrunch, 9to5Mac, Engadget, Tubefilter and Deadline