Top News:
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 »
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 …
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, @aodespair and The Guardian
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
Discussion:
American Press Institute, MediaPost, Multichannel News, Adweek, Radio & Television …, Awful Announcing, The Wrap, TechCrunch, 9to5Mac, Engadget, Tubefilter and Deadline
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