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12:55 PM 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.
Music streaming service Grooveshark shuts down to settle infringement  —  (Reuters) - Online music streaming service Grooveshark, admitting “very serious mistakes,” shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers sued over copyright infringement.
Discussion: BBC
Shalini Ramachandran / Wall Street Journal:
Time Warner Cable and Charter Communications have held acquisition talks with Bright House  —  Bright House Emerges as a Player in the New Cable Drama  —  Comcast's failed bid for Time Warner Cable puts spotlight on Newhouse business  —  The collapse of Comcast Corp. 's bid to acquire …
Brad Reed / BGR:   Comcast is working on its own online video service that it thinks can rival YouTube
Jacob Pramuk / CNBC:
Spotify raises $350M at $8B valuation: Sources  —  Music streaming service Spotify raised $350 million in a new funding round, sources told CNBC.  Before the recently raised cash, the company was valued at $8 billion.  (Tweet this)  —  Goldman Sachs' institutional clients took part in the fundraising, sources added.
Discussion: VentureBeat and Business Insider
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.
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.
Discussion: BBC and Yorkshire Post
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 …
Dawn Chmielewski / Re/code:
Hong Kong's South China Morning Post Launches International Edition (Q&A)  —  Hong Kong's oldest English-language newspaper launched an international edition in April as it seeks to capitalize on the world's growing interest in China.  —  The South China Morning Post will look to expand …
Discussion: Washington Post
Stan Alcorn /
Latest episodes of the top 100 iTunes podcasts: 186 ads total, no ads on one-third, many ads have coupon codes making it easy to measure return on investment  —  Inside the weird world of podcast advertising  —  The most listened-to podcasts come mostly from public radio: Serial, Invisibilia, This American Life.
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
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
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 …
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 More News: 
John Carpenter / Chicago Tribune:
Pulitzer-winning The Daily Breeze used TimelineJS, developed at Northwestern's Knight Lab, to build timelines for its investigation
Stephen Battaglio / Los Angeles Times:
A&E Networks still needs carriage deal with DirectTV in order to launch Vice channel on TV
Discussion: Adweek
Ilya Khrennikov / Bloomberg Business:
News Corp., Pearson Face Russia Decision Under Putin Laws
Discussion: Reuters and New York Times
Peter Hobson / The Moscow Times:
Sanoma sells United Press, publisher of Moscow Times, to former Kommersant chief executive, also sells minority stake in Vedomosti
 Earlier Picks: 
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