Top News:
Jack Morse / Mashable:
Twitter says it will add a newsletter subscribe button to user profiles in the coming weeks, available to those with a Revue account; Twitter will take a 5% cut — Newsletters are coming to a Twitter profile near you. Or, at least the chance to sign up for them is.
Brian Stelter / CNN:
Jeffrey Toobin, fired by The New Yorker and suspended by CNN after exposing himself in a Zoom call with colleagues, returns to CNN as chief legal correspondent — New York (CNN Business)Jeffrey Toobin, CNN's longtime chief legal analyst, has returned to the network eight months …
Discussion:
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The Information:
Sources: BuzzFeed is in talks to raise around $200M in bonds on top of cash it gets in a SPAC merger, to help fund the purchase of Complex Networks for $300M — BuzzFeed is in discussions to raise about $200 million in convertible bonds to supplement cash it will raise by merging …
Discussion:
The Wrap, @mvpeers, @alex and @edmundlee
Mark Schoofs / New York Times:
BuzzFeed EIC says Biden should pardon Natalie Mayflower Sours Edwards, who was sentenced to six months in prison for passing Treasury documents to BuzzFeed News — Mr. Schoofs is the editor in chief of BuzzFeed News and a visiting professor at the Annenberg School for Communication …
Discussion:
The Verge, @jentaub, @arielkaminer, @schoofsfeed, @jasonleopold, @schoofsfeed, @nytopinion, @schoofsfeed, @nytopinion, @wtopelius, @jentaub, @kimmasters and @bgrueskin
John Gramlich / Pew Research Center:
To determine a story's trustworthiness, half of US adults consider the outlet an important factor, 47% cite the sources quoted, and 30% cite their gut instinct — Americans see a variety of factors as important when it comes to deciding whether a news story is trustworthy or not …
Discussion:
Nieman Lab, @pewresearch, @pewjournalism and @pewjournalism
Todd Spangler / Variety:
PopSugar founder Lisa Sugar is stepping down from day-to-day management and will remain part of leadership at Group Nine, which acquired PopSugar in 2019 — Lisa Sugar, more than 16 years after launching PopSugar as an entertainment blog, has stepped away from day-to-day management of the brand.
Discussion:
@xpangler
Axios:
Sources: Fox and News Corp lobbyists have been urging Republican congress members to support soon-to-be-introduced tech antitrust bills spearheaded by Democrats — Lobbyists for Rupert Murdoch's media companies are appealing to House Republicans to support antitrust bills meant to restrain Big Tech companies, sources tell Axios.
Discussion:
@ashleyrgold, Politico, Big Technology, AppleInsider, @pkafka, @alexeheath, @pathedger18, @wexler, @jeffjarvis, Fortune and iMore, more at Techmeme »
Jeff Kotuby / The Streamable:
ZEE5, a streaming service with Indian, Pakistani, and Bangladeshi movies and shows, launches in the US on June 22, offering content in 18 languages for $50/year — ZEE5, the world's largest streaming platform for South Asian content, has announced it will launch in the United States on June 22.
New York Times:
Netflix launches an online store with Shopify, featuring merch tied to its shows, expanding its retail business which includes deals with Walmart and others — You streamed it. Now you can buy it at Netflix.shop, a new site that will offer everything from a “Lupin” side table to a “Yasuke” clock.
Discussion:
Adweek, The Streamable, Fast Company, Insider, @shiraovide, POPSUGAR, @eringriffith, @sapna, CNET, Variety, Reuters and @stacyperman, more at Techmeme »
Steve Dent / Engadget:
NMPA files a $200M lawsuit against Roblox for alleged music copyright infringement, and launches a “major ramp-up” of its takedown campaign against Twitch — The National Music Publishers' Association (NMPA) has filed a $200 million lawsuit against Roblox for allowing the illegal use …
Discussion:
Wired, The Verge, Forbes, Variety, Music Business Worldwide, PC Gamer, musically.com and Complete Music Update, more at Techmeme »
Pew Research Center:
11% of news stories about the Biden administration during the first two months relied on anonymous sources; 5% in right-leaning and 13% in left-leaning outlets — Roughly one-in-ten news stories about Joe Biden's early days as president cited an anonymous or unnamed source …
Discussion:
@pewresearch, @pewresearch, @pewjournalism, @pewjournalism and @johngramlich
Matthew Keys / The Desk:
A holding firm owned by Joe Ricketts launches Straight Arrow News, which aims to offer stories without political slant and asks people to rate stories for bias — A billionaire philanthropist who is best known for his founding of the financial brokerage firm TD Ameritrade has set his sights on shaking up the digital news industry.
Discussion:
@matthewkeyslive, Thanks:@matthewkeyslive
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