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7:40 AM ET, May 1, 2015


 Top News: 
Grooveshark ceases operations as a result of settlement with major record companies, offers apology  —  Today we are shutting down  —  Today we are shutting down Grooveshark.  We started out nearly ten years ago with the goal of helping fans share and discover music.
Dan Primack / Fortune:
Mobile news app Circa seeking a buyer after failing to secure a new round of venture funding  —  Exclusive: News app Circa is seeking a buyer  —  Mobile news app Circa is seeking a buyer after failing to secure a new round of venture capital funding, Fortune has learned.
Richard Sandomir / New York Times:
NFL secured agreements with CBS, Fox and NBC to prevent reporters from tipping draft picks in advance on social media  —  Good N.F.L. Draft Show or Good Journalism?  League Makes Its Choice Clear  —  The N.F.L. draft should feel like Christmas for Adam Schefter of ESPN …
Mark Sweney / Guardian:
BBC Jimmy Savile abuse report delayed at police request  —  Metropolitan police says publication of Dame Janet Smith's report could prejudice ongoing investigations  —  The BBC has decided to delay publication of the report into sexual abuse at the corporation after police said it could prejudice ongoing investigations.
Dominic White / Sydney Morning Herald:
HuffPost Australia hires Tory Maguire as first editor-in-chief  —  HuffPost Australia, a joint venture between The Huffington Post and Fairfax Media, has appointed News Corp journalist Tory Maguire as its first editor-in-chief.  —  The news and opinion website is due to launch …
Discussion: Guardian, @ariannahuff and mUmBRELLA
Jeremy Barr / Capital New York:
Vox Media announces it's offering its CMS, Chorus, to advertisers, partnering with agency DigitasLBi, and unveils plans for video series  —  Vox Media begins to monetize its ‘magical’ content platform  —  Chorus, Vox Media's content platform and analytics system, has long been considered …
Emmet McDermott / Hollywood Reporter:
Tidal's Uphill Battle: Top Exec Speaks Out on “Unfair” Media and Who Really Wants It Dead  —  Tidal executive Vania Schlogel says the platform isn't about the rich getting richer; it's about nurturing struggling artists.  She also explains the truth beyond Jay Z's tweets and tackles Apple rumors head on …
Discussion: Rolling Stone
Peter Hobson / The Moscow Times:
Sanoma sells United Press, publisher of Moscow Times, to former Kommersant chief executive, also sells minority stake in Vedomosti  —  Russian Businessman Buys The Moscow Times  —  Finnish media group Sanoma said Thursday it would sell The Moscow Times to a Russian businessman …
Stephen Battaglio / Los Angeles Times:
A&E Networks still needs carriage deal with DirectTV in order to launch Vice channel on TV  —  New Vice cable channel needs to clear DirecTV  —  A+E Networks is ready to move forward its new Vice cable channel, but it still needs to make a deal with satellite video provider DirecTV to carry it.
Discussion: Adweek
Ilya Khrennikov / Bloomberg Business:
News Corp., Pearson Face Russia Decision Under Putin Laws  —  News Corp. and Pearson Plc, the publishers that control Russia's Vedomosti newspaper, must decide in the months ahead whether to adhere to new rules under President Vladimir Putin that restrict their ownership or exit the country.
Discussion: Reuters and New York Times
Dylan Byers / Politico:
Daily Caller News Foundation hires Mark Tapscott, executive editor of the Washington Examiner, and two of its reporters  —  Daily Caller nabs Examiner's executive editor  —  The Daily Caller News Foundation, the 501(c)(3)-arm of the conservative media company, has hired the executive editor …
John Carpenter / Chicago Tribune:
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 More News: 
Brad Reed / BGR:
Comcast is working on its own online video service that it thinks can rival YouTube
Gerry Smith / Bloomberg Business:
TWC Q1 misses on revenue with $5.78B, adds 30K cable subscribers, sees programming expenses climb 8.4% to $1.42B
Sharon Weinberger / The Intercept:
A look at an Al Qaeda spokesman who was source for journalists and who died in missile strike
Chris O'Shea / FishbowlNY:
Newspaper Guild Rebrands to ‘NewsGuild’
Discussion: The New York Observer
Jim Kuhnhenn / Associated Press:
Book publishers to provide $250M in free ebooks to low-income students in initiatives tied to Obama's ConnectEd program
Discussion: GalleyCat, USA Today and Reuters
 Earlier Picks: 
Joan E. Solsman / CNET:
Hulu has 9M paid subscribers, up 50% since last year, with viewers streaming 30% more content on average
Discussion: GeekWire, The Verge and Forbes
Mohamed Sheikh Nor / Bloomberg Business:
Somalia Gunmen Kill Local Journalist in Central Town, Police Say
Justin Ellis / Nieman Lab:
Knight Foundation funds 20 new media and technology projects through its Prototype Fund
Ravi Somaiya / New York Times:
New York Times Q1: $14M net loss, 47K new digital subscribers, total revenue down 1.6% to $384M
Emily Bell / Columbia Journalism Review:
Publishers partnering with Google and Facebook should beware of tech companies' control over content