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6:40 PM ET, March 22, 2016

Mediagazer

 Top News: 
Nick Denton / Gawker:
Hogan suit was about racist comments on another videotape, and Gawker will win on appeal  —  The Hogan Verdict  —  The decision by a Florida jury to grant $140 million in damages for a story on Gawker.com about a Hulk Hogan sex tape was extraordinary.  The number is far larger than even the plaintiff himself had asked for in relief.
Jasper Jackson / Guardian:
With switch to digital, Independent journalists being asked to take pay cuts of up to 50%; more than 100 journalists expected to lose their jobs  —  Independent staff to take huge pay cuts in move online-only  —  More than 100 journalists out of a total of 160 expected to lose their jobs …
RELATED:
Jennifer Faull / The Drum:
Johnston Press announces it will sell, close or cut costs at 59 local newspapers, including the Scotland on Sunday, South Yorkshire Times, the Weekend Herald  —  Johnston Press plans to cull 59 local newspapers as i sale progresses  —  Johnston Press will sell, close or cut costs at 59 local newspapers, it was announced today.
Discussion: Press Gazette
Jordan Kahn / 9to5Google:
Google renames Chromecast app “Google Cast”; Vizio P-Series TVs launched with Cast support  —  Google renames Chromecast app ‘Google Cast’, announces Vizio P-Series TVs w/ Cast & Android tablet remote  —  To reflect the recent expansion of its Google Cast streaming platform …
Stuart Dredge / Music Ally:
RIAA report: streaming accounted for more US recorded-music revenue than downloads in 2015, rising from 27% in 2014 to 34% in 2015  —  US MUSIC INDUSTRY BODY THE RIAA HAS PUBLISHED ITS FIGURES FOR 2015, REVEALING THAT RECORDED-MUSIC REVENUES ROSE BY 0.9% LAST YEAR TO $7BN.
Erik Wemple / Washington Post:
Trump fails to give specifics about how he would change libel laws in Washington Post interview after his earlier calls for “opening up” libel laws  —  Donald Trump has no earthly idea what he'd do about libel laws  —  As this blog has noted before, Donald Trump has reveled …
RELATED:
Seth Stevenson / Slate:
A week with reporters covering Trump: protests, lack of press aides, insults, banishment of media, and trying not to become inured to lies
Tony Biasotti / Columbia Journalism Review:
San Francisco Chronicle makes a 20 page feature into a documentary, will debut in April then make the festival rounds  —  What the San Francisco Chronicle hopes to accomplish with its first feature documentary  —  On March 6, the San Francisco Chronicle published “Last Men Standing,” …
Discussion: Variety, @matthew_orr and @tonybiasotti
Glyn Moody / Ars Technica UK:
UK court rules that 8-second videos infringe on copyright in case brought by cricket board and Sky UK against Fanatix website and app  —  Eight-second videos are long enough to infringe on copyright, says UK judge  —  Sharing key sporting moments on Fanatix site just not cricket, court decides.
Guy Chazan / Financial Times:
Bertelsmann plans to increase Penguin Random House stake  —  Bertelsmann, Europe's largest media group by sales, said it planned to increase its stake in Penguin Random House to as much as 75 per cent if co-owner Pearson exited the company next year.  —  Thomas Rabe, Bertelsmann chief executive …
Jason Abbruzzese / Mashable:
Profile of Lara Setrakian, who launched Refugees Deeply last week, and the history of News Deeply  —  Lara Setrakian is building a media empire  —  Lara Setrakian is 33 and ready to change the news industry.  Again.  —  Three years ago, she co-founded News Deeply, a media company centered …
Chris O'Shea / FishbowlNY:
James Marcus Named Editor of Harper's  —  Harper's has named James Marcus its new editor.  He most recently served as the magazine's executive editor.  —  Marcus joined Harper's in 2010 as deputy editor.  He was named executive editor in 2013.  Before joining Harper's Marcus served …
 
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 More News: 
Jon Brodkin / Ars Technica:
Verizon kills FiOS live TV apps for Xbox and smart TVs
Discussion: Multichannel News and Consumerist
 Earlier Picks: 
Chris Krewson / Billy Penn:
Gannett takes minority stake in owner of Philadelphia's Billy Penn, Spirited Media, to fund more staff and expansion to other cities
Bloomberg Business:
Q&A with Jack Dorsey on ten years of Twitter, the importance of the written word, live media, augmenting reality, and thoughts about the future
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to back an up to $125B investment to build a megafab in New York and a fab in Idaho over the next 20 years
 
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