Alyson Shontell / Business Insider:
Sources: Re/code valued at $15-20M in Vox deal, which was based on Vox's November valuation of $380M; Re/code was projected to make $12M this year — Why Re/code, an 18-month-old tech news startup, really sold to Vox — even though it was generating $12 million
Discussion: USA Today, @nichcarlson, @readdanwrite, @rafat, @nichcarlson, @neilcybart, @nereidadin, @fmanjoo and @davidfolkenflik
Michael Wolff / USA Today: Re/code bows to traffic demands
Nicholas Carlson / @nichcarlson: The real reason Kara Swisher sold Re/Code. Running a company isn't what she wants to do. http://www.businessinsider.com/ ... http://twitter.com/...
Daniel Roberts / @readdanwrite: “most of @Recode's revenue was from its tech conference.” Yup: events make the $, journalism is (expendable) icing. http://www.businessinsider.com/ ...
Rafat Ali / @rafat: Definitive article on Recode's sale to Vox, should set record straight. Smart deal for all sides, naysayers aside. http://www.businessinsider.com/ ...
Nicholas Carlson / @nichcarlson: Sounds like Re/Code sold for $15mm to $20mm. About 1.5x revenues. ~33% less than its original valuation. http://www.businessinsider.com/ ...
Neil Cybart / @neilcybart: BI reporting Re/code sold for $15-$20M. Site launched at $28M valuation. Went through $3M of cash in 15 months. http://www.businessinsider.com/ ...
Nereida Diesen / @nereidadin: The real reason Kara Swisher sold Re/Code. Running a company isn't what she wants to do. http://www.businessinsider.com/ ... pic.twitter.com/VcN4YRz71a
Farhad Manjoo / @fmanjoo: For entirely competitive reasons, I wonder if The Verge will be given 2iPhones to review or 1. http://www.businessinsider.com/ ... pic.twitter.com/B9LaMAURJP
Mark Sweney / Guardian:
Global newspaper readership falls more than 25% in four years — ZenithOptimedia report finds print remains popular in UK as internet boosts media consumption worldwide — The average amount of time spent reading newspapers fell more than 25% globally from 2010 to 2014 …
Discussion: Fortune, Quartz, ZenithOptimedia and @johnrobinson
Jason Karaian / Quartz: We now spend more than eight hours a day consuming media
Jonathan Barnard / ZenithOptimedia: Internet use to drive 1.4% increase in media consumption in 2015
Benjamin Mullin / Poynter:
New York Times, Washington Post, and Mozilla launch The Coral Project, an initiative to help form communities of commenters — The Coral Project aims to help commenters become communities — Earlier this year, a group of Washington Post readers decided to meet up because of something they'd read online.
Discussion: @jskstanford, @alexlaughs and @poynter
JSK Fellowships / @jskstanford: Things are perking at @washingtonpost @nytimes @mozilla Coral Project, led by Andrew @losowsky (JSK'14) http://www.poynter.org/...
Alex Laughlin / @alexlaughs: The comments section is what you make of it. http://www.poynter.org/...
Quartz Africa goes live — Welcome to Quartz Africa. — We're excited to be building out a team of journalists in the region to better serve our readers in Africa and business professionals around the world. Since the launch of Quartz in 2012, we have focused on seismic changes to the new global economy.
Discussion: One Man & His Blog, @kevinjdelaney, @dikshamadhok, @katelaurielee, @qzafrica and Media Wire Daily
Kevin Delaney / @kevinjdelaney: Quartz Africa is now live http://qz.com/416033 and we've also launched some improvements to our website http://qz.com/415916
Diksha Madhok / @dikshamadhok: .@qzafrica is now live. A welcome letter from our team http://qz.com/...
Kate Lee / @katelaurielee: Proud of @zseward + @qz MT @zseward We launched Quartz Africa http://qz.com/... along w/improvements to website http://qz.com/...
Quartz Africa / @qzafrica: Hello, Africa! We just launched @qzafrica. Here's our welcome letter: http://qz.com/... http://twitter.com/...
Natalie Jarvey / Hollywood Reporter:
Mashable Taps Reality TV Veteran to Head Video Division — In yet another example of an editorial company turning to the potentially lucrative branded video business, Mashable has tapped a reality television veteran to heads its new Mashable Studios division.
Discussion: PRWeb, FishbowlNY, @niemanlab and Capital New York
Richard Horgan / FishbowlNY: Eric Korsh Tapped for New Mashable Division
Nieman Lab / @niemanlab: Mashable is launching Mashable Studios to create videos and “branded entertainment” http://www.hollywoodreporter.com/ ...
Paul Farhi / Washington Post:
Clinton campaign reporters complain that press pool organizers are restricting information, delaying copy — On the trail of Hillary Clinton, not everyone is allowed to jump into the press pool — When it comes to covering Hillary Rodham Clinton, some campaign reporters are feeling less equal than others.
Discussion: Mediaite, Fortune, @jayrosen_nyu and @marklittlenews
Andrew Husband / Mediaite: Hillary Campaign's Press Pool Looks More Like a VIP Room
Nina Easton / Fortune: Meet the woman behind Hillary Clinton's Twitter account
Jay Rosen / @jayrosen_nyu: @marklittlenews Pool makes sense. Do we need 80 reporters trailing Hillary Clinton through Iowa in June 2015. Is that a rational system?
Chris O'Shea / FishbowlNY:
Dow Jones Cuts More Than 40 Staffers — Dow Jones has cut staffers in its Professional Information Business and circulation department. According to a union memo about the layoffs, there were also unconfirmed reports of Baron's losing six editorial staffers.
Wall Street Journal:
Apple expected to announce $10 a month music streaming service at WWDC, will offer curated channels, in talks with Q-Tip, Drake, and Dr. Dre to host — Apple to Take On Spotify With New Streaming Services — Music subscription to cost $10 a month; augmented Internet radio will have DJs
Discussion: TechCrunch, Variety, PhoneDog.com, AppleInsider and The Verge
Darrell Etherington / TechCrunch: Apple's Streaming Music Service Said To Cost $10 Monthly Debuts Next Week
Janko Roettgers / Variety: Apple's Streaming Music Service Could Come Next Week
Alex Wagner / PhoneDog.com: Apple's new music service expected to debut next week, cost $10 per month
AppleInsider: Apple to announce $10-per-month on-demand music service, will retain Beats Music for now - report
Mario Trujillo / The Hill:
Supreme Court reverses conviction in Facebook threat case — The Supreme Court on Monday reversed the conviction of a Pennsylvania man who was sentenced to nearly four years in prison for making violent threats on Facebook. — The court found members of the jury who convicted the man …
Discussion: Fortune, Law, Hollywood Reporter, BuzzFeed, Politico, CNN, USA Today, Wall Street Journal, Associated Press, The Independent and TIME
Jeff John Roberts / Fortune: Facebook rants are not criminal, Supreme Court says in narrow ruling
Chris Geidner / BuzzFeed: Supreme Court Justices Toss Out Facebook Threats Conviction
Josh Gerstein / Politico: Supreme Court throws out Facebook threats conviction
Ariane de Vogue / CNN: SCOTUS rules in favor of man convicted of posting threatening messages on Facebook
Richard Wolf / The Independent: Threats made over Facebook are not illegal unless intentionally malevolent, court rules
Jennifer So / TIME: Supreme Court Throws Out Conviction for Facebook Threats
Hadas Gold / Politico:
Pew report: 61% of millennials got their political news from Facebook in the last week, 37% from local television — Study: Facebook main source of political news for millennials — A majority of millennials get a chunk of their news about politics and government from Facebook, a new report from Pew found.
Joseph Lichterman / Nieman Lab: Pew study: When it comes to political news, Facebook has become local TV for millennials
Jason Abbruzzese / Mashable: Millennials rely on Facebook for politics news more than anywhere else
John Eggerton / Broadcasting & Cable: Pew Finds Political News Generation Gap
Tom Kludt / CNNMoney: For Millennials, Facebook is political
Corinne Grinapol / FishbowlDC: Things Millennials Aren't That Into: Politics
Mark Joyella / Adweek: Millennials Favor Facebook Over TV for Political News
Hugo E. Martin / @hemartin: Facebook once again dead; but main source of political news for millennials 61%, Gen X-ers 51% http://www.politico.com/... http://twitter.com/...
David Cohen / SocialTimes: Study: Millennials Get Political News from Facebook; Baby Boomers Stick with Local TV
Hadas Gold / @hadas_gold: CNN is still decently significant source of political news for 3 generations, Pew study http://www.politico.com/... http://twitter.com/...
Tom Gara / @tomgara: Some big snake people news today. http://www.politico.com/... http://twitter.com/...
Robert Caruso / @robertcaruso: Facebook and Drudge are the top news sources for Generation Z...this explains a lot http://www.politico.com/...
Mathew Ingram / @mathewi: Don't think the Facebook algorithm is important for news? Over 60% of millennials say they get political news there: http://www.politico.com/...
Jeffrey Gottfried / Pew Research Center: How Millennials' political news habits differ from those of Gen Xers and Baby Boomers
Sunny Hundal / @sunny_hundal: How Americans view prominent news websites (not much trust in Buzzfeed, interestingly) http://www.politico.com/... http://twitter.com/...
Gannett Company, Inc:
Gannett acquires 11 media organizations from Digital First Media — McLEAN, VA - Gannett Co., Inc. today announced that it has completed the acquisition of the remaining 59.36% interest in the Texas-New Mexico Newspapers Partnership that it did not own from Digital First Media.
Discussion: Poynter, York Daily Record and @jimbradysp
Alexandra Steigrad / WWD:
Bloomberg Relaunches Pursuits Magazine — When Emma Rosenblum was promoted to editor in chief of Bloomberg Pursuits in January, she told WWD that she wanted to make the magazine “aspirational without being lame.” — From a glass conference room in Bloomberg's New York headquarters …
Discussion: Media Wire Daily and FishbowlNY, Thanks:@amandabcowie
Chris O'Shea / FishbowlNY: Revamped Bloomberg Pursuits Debuts