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6:55 PM ET, June 7, 2018


 Top News: 
Peter Kafka / Recode:
Sources: in reorg, BuzzFeed is cutting 20 jobs on the business side as Chief Revenue Officer Lee Brown writes in a memo that it's also hiring for over 45 jobs  —  It's part of a move away from Facebook and toward other revenue sources.  —  BuzzFeed, which laid off about 100 people last fall …
Discussion: Digiday and Variety
Mark Sweney / The Guardian:
Amazon buys rights to exclusively livestream 20 Premier League football matches per season for three seasons starting from 2019  —  US online retailer will exclusively livestream 20 matches per season from 2019  —  Amazon has broken Sky and BT's stranglehold on Premier League football …
Mike Farrell / Multichannel News:
PricewaterhouseCoopers predicts over-the-top TV revenue, which grew 15.2% in 2017 to $20.1B, will rise 12.2% this year and reach $30.6B by 2022  —  Study says international growth, original content will fuel increases  —  PricewaterhouseCoopers predicts that over-the-top revenue …
Discussion: Forbes
Jim Waterson / The Guardian:
Geordie Greig, current editor of The Mail on Sunday and previously of the London Evening Standard and Tatler, will become the new editor of the Daily Mail  —  Editor of Mail on Sunday to replace Paul Dacre who is stepping down after 26 years  —  Geordie Greig is to be the new editor of the Daily Mail …
Ilyse Liffreing / Digiday:
Direct-to-consumer brands lower their Facebook ad spend and turn to radio, print, and Instagram as competition for space has made Facebook ads too expensive  —  Four years ago, when Rich Fulop founded Brooklinen, the direct-to-consumer luxury bedding startup, the customer acquisition strategy …
Joe Otterson / Variety:
Apple will develop Shantaram, a novel about an Australian man on the run in Bombay, as a drama series; news follows Apple's announcement of two half-hour series  —  In a competitive situation, Apple has landed the rights to develop Gregory David Robert's novel “Shantaram” as a drama series.
Discussion: MacRumors, @xpangler and 9to5Mac
Josh Constine / TechCrunch:
Facebook testing Marketplace ads in the US that let users promote their listings in the News Feed  —  Twenty months after launching its Craigslist competitor, Marketplace, and relentlessly promoting it with placement in the main navigation bar, Facebook will start earning money off its classifieds section.
Mark Di Stefano / BuzzFeed:
Guardian cartoonist objects after editor refused to publish his cartoon of a slain Palestinian medic in a fireplace between Theresa May and Benjamin Netanyahu  —  Steve Bell hit back at the Guardian for claims his cartoon had Nazi overtones. … Guardian cartoonist Steve Bell has written …
Discussion: HuffPost UK
Ricardo Lopez / Variety:
Producer and former studio exec Amy Baer named board president of Women in Film, replacing Cathy Schulman who will remain on the board  —  Amy Baer, who has deep industry experience as a top studio executive and more recently as a producer working with major talent, has been elected board president of Women in Film.
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 More News: 
Christine Schmidt / Nieman Lab:
Guatemalan investigative outlet Nómada saw traffic drop by 57% after Facebook Explore test, successfully refocused on distribution through other social channels
Max Greenwood / The Hill:
Judge dismisses defamation lawsuit against ex-Fusion reporter Emma Roller brought after Roller tweeted that Cassandra Fairbanks made a white power hand gesture
 Earlier Picks: 
Josh Constine / TechCrunch:
Sources: Instagram to launch Snapchat Discover-style video hub with scripted shows, music videos, and more; announcement tentatively slated for June 20
Jason Schwartz / Politico:
Details of media access to next week's summit between Trump and Kim Jong Un in Singapore remain unsettled; journalists hope White House pushes for broad access
Todd Spangler / Variety:
Facebook partners with seven news orgs, including ABC News, CNN, and Fox News, to roll out a series of news shows on Facebook Watch this summer