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2:55 AM ET, June 2, 2015


 Top News: 
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 projected to generate revenues of $12M this year  —  Why Re/code, an 18-month-old tech news startup, really sold to Vox — even though it was generating $12 million
Global newspaper circulation revenue $92B and advertising revenue $87B in 2014, the first time circulation revenue exceeded ad revenue this century  —  World Press Trends: Newspaper Revenues Shift To New Sources  —  A profound shift in the newspaper business model, evolving for years, is finally here.
Pew Research Center:
Millennials, Generation Xers, and Baby Boomers trust about four-in-ten sources they have heard of and distrust about two-in-ten overall  —  Millennials and Political News  —  Social Media - the Local TV for the Next Generation?  —  When it comes to where younger Americans get news …
Hadas Gold / Politico:
Pew report: 61% of millennials got their political news from Facebook in the last week, 37% from local television
Andrew Heslop / WAN-IFRA:
WAN-IFRA calls for greater protection for journalists, says at least 1,127 have been killed on the job since 1992  —  Press Freedom Resolution: Safety of Journalists  —  The Board of the World Association of Newspapers and News Publishers (WAN-IFRA), meeting on 31 May in Washington D.C. during …
Josh Constine / TechCrunch:
Leaked contract shows SoundCloud may pay about 22% royalties to publishers, is preparing to roll out two premium tiers, one with downloadable songs and no ads  —  Leaked Contract Shows SoundCloud's Plans For Ad-Free Subscriptions And Paying Labels  —  SoundCloud is desperately trying …
Discussion: Digital Music News
Henry Mance / Financial Times:
City AM Editor David Hellier may be pushed out as the paper debates political stance and looks for profit  —  City AM editor on brink of leaving paper  —  The editor of City AM is on the brink of leaving the business newspaper, less than a year after being appointed to the role.
Sarah Shaffi / The Bookseller:
US e-book sales drop 6% in 2014 to 223M, down from 240M in 2013  —  US e-book sales down 6% in 2014  —  E-book sales in the US declined by 6% in 2014 compared to the year before, statistics released by Nielsen show.  —  Information presented at BookExpo America and derived from PubTrack Digital …
Matt Donnelly / The Wrap:
PopSugar launches PopSugar Latina, blog vertical aimed at Latina millennials  —  PopSugar Launches Blog Vertical for Latina Millennials (Exclusive)  —  PopSugar, the heavily trafficked blog network for millennial females, rolled out a new Latina vertical on Monday.
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.
Tony Maglio / The Wrap:
Bob Berney Joins Amazon Studios as Head of Movie Distribution and Marketing; Albert Cheng Named COO  —  Bob Berney and Albert Cheng joined Amazon Studios on Monday in key roles: Berney will be head of Movie Distribution and Marketing, while Cheng hops aboard as COO.
Mark Joyella / TVNewser:
Charlie Rose to Receive 2015 Cronkite Award  —  CBS This Morning co-host Charlie Rose has been named the 2015 recipient of the Walter Cronkite Award for Excellence in Journalism, Arizona State University announced today.  \"For the past 40 years, Charlie Rose has asked the tough questions …
Discussion: Broadcasting & Cable
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: FishbowlNY and Media Wire Daily, Thanks:@amandabcowie
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 More News: 
Alison Flood / Guardian:
Novelist says she was wrong to oppose Charlie Hebdo PEN award
Mario Trujillo / The Hill:
Supreme Court reverses conviction in Facebook threat case
Todd Spangler / Variety:
Dish's Sling TV Taps Digital Entrepreneur Ben Weinberger as Chief Product Officer
Discussion: Home Media Magazine
Mike Masnick / Techdirt:
Judge Orders Newspaper To Delete Article, Newspaper Reminds Judge That It's In The US And The 1st Amendment Exists
 Earlier Picks: 
Chris O'Shea / FishbowlNY:
Dow Jones Cuts More Than 40 Staffers
Roy Greenslade / Guardian:
RTE, The Irish Times to challenge O'Brien injunction in court on Tuesday
Discussion: The Irish Times
Jeff Pooley / Culture Digitally:
Media research needs faster academic publishing methods because system now fails to keep up with changes
Discussion: @rybesh