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12:25 PM ET, July 2, 2015


 Top News: 
William Turvill / Press Gazette:
NUJ: BBC ‘sensible’ to target management ‘chiefs’ in latest round of job cuts  —  The National Union of Journalists has described the BBC's 1,000 management-targeted cuts as “sensible”, contrasting them with a decade of job losses further down the corporation.
Greg Gilman / The Wrap:
Salon Media Editorial Staff to Unionize With Writers Guild of America  —  The editorial department at Salon Media, Inc. is following in Gawker's footsteps by organizing with the Writer's Guild of America, East.  —  Staff writers announced the decision on Thursday with a letter …
Discussion: The New York Observer
Alex Weprin / Capital New York:
In 2014, Fusion posted a loss of $35M, with $28.1M in revenue and $63.4M in expenses  —  Univision I.P.O. sheds light on Fusion's finances  —  Univision's upcoming I.P.O. will be the biggest media I.P.O. in years, thanks to the company's dominance among Spanish-language consumers.
Discussion: @alexweprin, @steve_katz, @raju and @mathewi
Georg Szalai / Hollywood Reporter:
Univision Files for IPO  —  Univision Holdings said Thursday that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering.  —  The number of shares to be offered in the IPO and the price range for the stock offering …
Glenn Peoples / Billboard:
Apple Music's Goal: Some Subscribers Now, Lots of Hardware Sales Later  —  Will Apple Music turn around the record business?  Will Apple Music help Apple sell more iPhones and laptops?  There are some guesses but little certainty to both questions.  —  While the music industry …
ESPN Denies Report on Keith Olbermann Censorship  —  ESPN has denied a story by the Hollywood Reporter on Wednesday that claimed the network wants host Keith Olbermann to suspend commentary from his program.  —  “Keith has never been told any topic is off limits for his commentary nor …
Benjamin Mullin / Poynter:
Press can't see Hulk Hogan sex tape at trial, judge orders
Discussion: Re/code
Micah Singleton / The Verge:
Facebook has held early talks with the major music labels, future plans may involve the company's video platform  —  Facebook is talking with music labels, but why?  —  Facebook has held talks with the major labels about “getting into music,” multiple sources tell The Verge.
Cynthia Littleton / Variety:
Lifetime launches SVOD service, drawing on archive of movies, will charge $3.99 a month  —  Lifetime Digs Into Original Movie Vault to Launch SVOD Service  —  Lifetime is digging into its library of original movies to launch an SVOD service offering a package of about 30 vintage telepics for $3.99 a month.
Discussion: Broadcasting & Cable
Damaris Colhoun / Columbia Journalism Review:
Inside the tensions at Bloomberg News, facing several recent high-level departures and rumors that Mike Bloomberg wants to scale back some enterprise reporting  —  Bloomberg's new regime and tensions over the editorial vision  —  In April, Zachary Mider's groundbreaking story …
Ricardo Bilton / Digiday:
Microsoft's ad business withered because it tried to beat Google in search, overspent on aQuantive, and had warring factions in its organization  —  Autopsy: Why Microsoft's ad business withered  —  On Tuesday, Microsoft said that it was handing over its ad sales business to AOL …
Discussion: @digiday
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 More News: 
Adi Robertson / The Verge:
VR startup Jaunt unveils 360-degree Neo camera for high-end VR movie production, will lease the device to partners starting in August
Daniel Frankel / FierceCable:
Cable One, a Phoenix-based cable and Internet provider, spins off from Graham Holdings
Discussion: Multichannel News and bizjournals
Laura Hazard Owen / Nieman Lab:
Scribd found that paying publishers based on how much readers read is too expensive in genres like romance
 Earlier Picks: 
Sarah Perez / TechCrunch:
Hulu reaches deal to distribute its ad-supported content on Pluto TV's website, which presents online video in a TV-like programming grid
Discussion: SlashGear, VideoInk, Variety and Engadget
Steve Friess / Columbia Journalism Review:
A look at podcasting as it celebrates its tenth anniversary
Discussion: E&
Dylan Byers / Politico:
Released State Department email says Pulitzer winner Leslie Gelb promised Hillary Clinton a “veto” over profile of her
Joseph Lichterman / Nieman Lab:
Harvard Business Review hopes to grow subscriptions by offering new products at a higher price of of $109/year
Todd Spangler / Variety:
Facebook to begin sharing revenue with video creators like the NBA, Fox Sports, and Hearst from ads in Suggested Videos section; Facebook takes 45%