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12:45 PM ET, May 5, 2016


 Top News: 
Pew Research Center:
Study: readers spend an average of two minutes on 1K words and longer articles on mobile, traffic from Twitter leads to longer engagement than from Facebook  —  Long-Form Reading Shows Signs of Life in Our Mobile News World  —  In recent years, the news media have followed their audience's lead …
Mark Sweney / Guardian:
Trinity Mirror execs face investor questions Thursday as The New Day misses print sales goal of 200K, instead selling closer to 30K  —  Trinity Mirror shares hit three-year low ahead of AGM  —  Publisher's top executives face grilling over The New Day and phone-hacking payouts at investor meeting on Thursday
Nicola Clark / New York Times:
New Day, British Newspaper That Shunned Web, Will Close After 10 Weeks  —  PARIS — “Life is short,” read the slogan of The New Day, Britain's youngest national newspaper.  “Let's live it well.”  —  Unfortunately for the publication, the first half of its slogan proved prophetic.
Gerry Smith / Bloomberg:
The New York Times and Chef'd partner to deliver ingredients used in NYT Cooking recipes starting this summer  —  New York Times to Start Delivering Meal Kits to Your Home  —  Times partners with Chef'd to drop off ingredients for recipes  —  Publisher is seeking new revenue sources as print declines
Tribune Publishing Co.:
Tribune Publishing board unanimously rejects Gannett offer, says it understates firm's value  —  Tribune Publishing's Board Unanimously Rejects Gannett's Unsolicited Proposal  —  Opportunistic Proposal Understates the Company's True Value and Is Not in the Best Interest of Shareholders
Tribune Publishing CEO Justin Dearborn announces plans for seven new foreign bureaus in “entertainment oriented” cities  —  Tribune Publishing outlines plan to expand Los Angeles Times globally  —  Tribune Publishing CEO Justin Dearborn on Wednesday traced the contours …
Josh Constine / TechCrunch:
Periscope public beta allows users to permanently save broadcasts by typing #save in title of stream  —  Periscope mimics FB Live by letting you permanently #Save replays  —  Periscope added its biggest missing feature today in a move that could make it more palatable to brands and social stars …
Rishika Sadam / Reuters:
Time Inc Q1: digital ad revenue up 23.2% helped by digital acquisitions, total revenue up slightly to $690M  —  Time Inc revenue rises as digital acquisitions pay  —  Magazine publisher Time Inc's quarterly revenue rose for the first time in six quarters, helped by acquisitions in its digital business.
Michael M. Grynbaum / New York Times:
NBC relocated entire Nightly News to Trump Tower on Wednesday when Trump became apparent Republican nominee, will offer same to Democratic nominee  —  NBC Relocates ‘Nightly News’ to Trump Tower, for a Night  —  On the day that Donald J. Trump became the presumptive Republican nominee for president, NBC came to him.
Richard Danielson / Tampa Bay Times:
Tampa Bay Times borrowed $13.3 million to finance Tribune purchase
Discussion: Reynolds Center and DRaysBay
Dominic Ponsford / Press Gazette:
Independent grows digital editorial team to 90 and website said to be in profit already  —  The Independent revealed today that its digital editorial team has now grown to 90 (double its size before the closure of the Independent print editions at the end of March).
Shan Wang / Nieman Lab:
With a scripted daily comedy news show, Mic looks to add a little late night TV to the social video mold  —  None of my friends own (working) TVs.  Left-leaning, smartphone-toting, annoyingly predictable content consumers that we are, we're instead constantly emailing each other links to clips …
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 More News: 
Boris Kachka / Vulture:
Q&A with Jessa Crispin on shutting down lit-blog Bookslut after 14 years of making no money, literary criticism, and maintaining intentional non-professionalism
Corey Hutchins / Columbia Journalism Review:
Charleston's family-owned The Post and Courier buys alt-weekly Free Times in Columbia, SC, hires McClatchy political reporter as editor, continuing expansion
Glenn Peoples / Billboard:
iHeartMedia revenue rises 4.1% in Q1 to $1.4B, and registered users of digital radio up 33% to 85M in April; firm plans to be “proactive” in selling assets
Discussion: iHeartMedia, Inc.
Hadas Gold / Politico:
Mashable Deputy Executive Editor Amanda Wills and Real Time News Editor Brian Ries joining CNN
 Earlier Picks: 
Mark Gurman / 9to5Mac:
Sources: Apple Music revamp will bring black and white UI, “huge artwork”, and lyrics integration; new version launches via iOS 10 beta this summer
Sources: YouTube working on Unplugged, a subscription service offering cable channels over the Internet, expected to debut 2017