Facebook Signs Deals With Media Companies, Celebrities for Facebook Live – WSJ

Updated June 22, 2016 9:44 a.m. ET Facebook Inc. FB -0.22 % has inked contracts with nearly 140 media companies and celebrities to create videos for its nascent live-streaming service, as the social network positions itself to cash in on a lucrative advertising market it has yet to tap—and keep its 1.65 billion monthly users…

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How the Gawker Media Bankruptcy Will Work

Image: Jim Cooke Gawker Media has filed for bankruptcy. The specific circumstances leading to that bankruptcy are unique and bizarre. The fact of a media company declaring itself bankrupt, however, is pretty much a commonplace. Under other conditions—even facing down a different, more conventionally motivated lawsuit—Gawker’s bankruptcy process might seem somewhat straightforward. Obviously the lawsuits…

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A tronc is born | TechCrunch

Begin: WordPress Article Content The best satire is indistinguishable from the subject matter it addresses. And sometimes the subject matter is indistinguishable from satire. For the foreseeable future, the absurd rebranding of tronc and this astonishing video will exemplify the latter. I’m still not entirely sure this isn’t some absolutely brilliant hoax. If it is,…

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6 in 10 of you will share this link without reading it, a new, depressing study says – The Washington Post

(iStock) On June 4, the satirical news site the Science Post published a block of “lorem ipsum” text under a frightening headline: “Study: 70% of Facebook users only read the headline of science stories before commenting.” Nearly 46,000 people shared the post, some of them quite earnestly — an inadvertent example, perhaps, of life imitating comedy….

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The shadowy war on the press: How the rich silence journalists – Columbia Journalism Review

Image by János Csongor Kerekes (Flickr Creative Commons), cropped from original When Gawker Media was sentenced to pay Hulk Hogan $140 million in damages for publishing his sex tape, it was seen as a victory over snarky New York media. Now, with the revelation that the lawsuit was secretly bankrolled by Silicon Valley Billionaire Peter…

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