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8:20 AM ET, June 24, 2015


 Top News: 
Sources: Apple Music strikes deals with rights group Merlin and independent label Beggars Group after changing royalty structure during trial period  —  Apple Music Signs Beggars Group, Merlin: Sources  —  Apple Music, the hardware giant's soon-to-launch streaming service …
DraftKings Won't Raise $250 Million From Disney, But Will Still Get ESPN Ad Deal  —  Fantasy sports site DraftKings, which had discussed raising $250 million from Disney, is going to raise money somewhere else instead.  —  But the two companies will have a relationship anyway …
Discussion: @jimmiller and @pkafka
Jens Hansegard / Wall Street Journal:
Tidal loses interim CEO after less than three months in the job, its second since launch  —  Boss of Jay Z's Music-Streaming Service Tidal Quits  —  Tidal faces industry criticism of premium business model as competition mounts  —  STOCKHOLM—At Tidal, Peter Tonstad failed to beat the rap.
Seb Joseph / The Drum:
Conde Nast preps video channels to spur revenue from ads co-produced with brands  —  Conde Nast Britain is launching dedicated video channels for titles such as Vogue and GQ to populate its inventory with branded films and quicken efforts to become less reliant on display ads.
Discussion: WWD, Refinery29, Haute Living and Vogue UK
Melody Kramer / Poynter:
Local news an important filter, offers deeper understanding of complicated issues, preserves culture, ensures accountability  —  Why does local matter?  Let's ask our audience.  —  It's summer now so it's time for a long, juicy beach read on why local news matters.
Discussion: @madison_mayhew
Associated Press:
Wikileaks documents show Saudi Arabia government payments to media in Mideast and Canada, including $2M to Lebanese MTV network  —  Saudi cables suggest money links with media  —  5 photos  —  BEIRUT (AP) — A financially troubled Lebanese TV network received a $2 million Saudi bailout …
Jared Newman / Fast Company:
Roku CEO on company's plans to stay ahead of the competition from Apple, Google, and Amazon  —  TV Wars: Inside Roku's Plan To Beat Apple, Amazon, And Google  —  Indomitable little Roku is attacking industry giants on every front it can.  But can it remain a living-room fixture over the long haul?
Casey Newton / The Verge:
You can now watch Periscope replays on the web  —  Since live streams began taking over Twitter feeds earlier this year, a common complaint has been that they end before you could watch them.  Periscope did enable replays within 24 hours after a stream ended, but only on its apps for Android and iOS.
Discussion: The Next Web
Ramin Setoodeh / Variety:
Source: Kevin Spacey's new movie Elvis & Nixon acquired by Amazon for $3M+; will debut in theaters only  —  Amazon Studios Acquires ‘Elvis & Nixon’ Starring Kevin Spacey (EXCLUSIVE)  —  After weeks of haggling following the Cannes Film Festival, Amazon Studios is in final negotiations for the drama …
Michael Calderone / The Huffington Post:
Charleston's Post and Courier holds legislators accountable by polling them on Confederate flag debate, listing Twitter handles, displaying results in real time  —  South Carolina's Post And Courier Holds Lawmakers Accountable On Confederate Flag Debate  —  NEW YORK — On Monday morning …
PEN International:
Three arrested in burning death of another Indian journalist, Sandeep Kothari, in state of Madya Pradesh  —  India: Authorities must ensure swift and thorough investigation into murder of journalist  —  Police have arrested three men in connection with the murder of journalist Sandeep Kothari …
Chris Welch / The Verge:
Google adds free, ad-supported web radio service to Google Play Music in US; available on the web now, rolling out to Android and iOS this week  —  Google launches free music streaming ahead of Apple Music debut  —  As Apple Music nears its June 30th launch, Google is getting more aggressive …
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 More News: 
Joseph Lichterman / Nieman Lab:
Q&A with Renée Kaplan, the Financial Times' first head of engagement, on how her team plans to reach new audiences
Discussion: @niemanlab
Akin Oyedele / Business Insider:
Netflix board approves 7-for-1 stock split for those who own stock as of July 2
 Earlier Picks: 
Ingrid Lunden / TechCrunch:
Verizon Completes Its Acquisition of AOL For $4.4B