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12:25 PM ET, May 26, 2016


 Top News: 
Andrew Ross Sorkin / New York Times:
Felix Salmon / Fusion:
If Peter Thiel's strategy against Gawker works, it may then be emulated by other billionaires against any media organization  —  Funding Hulk Hogan's lawsuit against Gawker?  That's not cool.  Actively going out to find potential plaintiffs who might have cases against Gawker and then giving them the money to bring those cases?
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale  —  Digital media company in the middle of costly legal battle with professional wrestler Hulk Hogan  —  A judge denied Gawker's motion for a new trial and a reduction of the $140 million privacy invasion judgment awarded to wrestler Hulk Hogan in March.
New York Times:
Gossip, revenge, and the complicated relationship between Silicon Valley and media including Gawker's Valleywag  —  SAN FRANCISCO — Silicon Valley likes to keep the media on a tight leash.  Tech executives expect obedience, if not reverence, from reporters.  They dole out information as grudgingly as possible.
Peter Sterne / Politico:
Florida judge upholds $140.1 M verdict against Gawker, Nick Denton, and AJ Daulerio; Gawker to appeal  —  A state court judge in Florida upheld a jury verdict of $140.1 million in damages against Gawker Media, CEO Nick Denton and former editor in chief A.J. Daulerio.
Callum Borchers / Washington Post:
Thiel's backing of Hogan suit against Gawker shows the heavy price media companies face, heightened by Trump's litigious, anti-media stance
Erik Wemple / Washington Post:
Subjects in Under the Gun documentary object to deceptive editing; producer apologizes if anyone was offended, and Katie Couric stands by producer's statement  —  It looks as though Katie Couric stunned her interviewees.  Knocked them out with a bombshell inquiry: “Let me ask you another question …
Brian Steinberg / Variety:
Politico to drop paywall on its media coverage, consolidate under a single hub, and add morning newsletter  —  Media junkies will soon have a new way to get their fix.  Politico, the news outlet devoted to all things politics, is taking much of its media coverage out from behind a paywall …
Financial Times:
Sources: Apple had preliminary discussions about buying Time Warner last year as spending on original content set to increase  —  A top Apple executive raised the prospect of the iPhone maker buying Time Warner at a meeting with the owner of HBO, CNN and Warner Brothers, according to three people who were briefed on it.
A look at the old media companies that own or have invested in new media companies and comparison of traffic cross top digital media sites  —  Rani Molla is a Bloomberg Gadfly columnist using data visualizations to cover corporations and markets.  She previously worked for the Wall Street Journal.
Leo Barraclough / Variety:10 minutes ago
BBC's Neil Breakwell to Head Up Vice's U.K. News Operation  —  LONDON — Neil Breakwell, deputy editor at the BBC's flagship news analysis show “Newsnight,” has been named London bureau chief for Vice News.  —  Breakwell will oversee Vice's news gathering across Western Europe as Vice continues …
Elisabeth Witchel / Committee to Protect Journalists:
US on verge of expanding Magnitsky Act which could curb impunity for murderers of journalists globally  —  Last week, the proposed Global Magnitsky Human Rights Accountability Act emerged from the U.S. House Foreign Affairs Committee with approval.  The bill was passed by the Senate last year.
 Latest News Finder: 
10 minutes ago
Leo Barraclough / Variety:
BBC's Neil Breakwell to Head Up Vice's U.K. News Operation   Find
70 minutes ago
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale   Find
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Joe Pompeo / Politico:
Newspaper Association of America requests FTC investigate adblockers for trade practice and consumer protection rule violations
Mark Sweney / Guardian:
Daily Mail and General Trust half year results: 29% drop in profits from six months ago, driven by decline in print ads
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