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Peter Kafka / Recode:
Sources: Disney will not bid for Twitter, leaving Salesforce as the last potential bidder   —  Which leaves Salesforce, for now.  —  Cross another potential Twitter buyer off the list: Disney isn't pursuing a bid for the social platform, either.  —  Sources familiar with Disney …
Oct 5, 2016, 10:00 PMIn context
Peter Kafka / Recode:
Spotify-SoundCloud deal makes sense because it would build Spotify's user base and give SoundCloud investors a return, but sources say deal might not happen   —  A tech/media deal that doesn't make you scratch your head.  —  Some theoretical tech + media tie-ups don't make sense.  But not all of them.
Sep 29, 2016, 3:25 PMIn context
Peter Kafka / Recode:
YouTube hires Lyor Cohen as Global Head of Music; Cohen helped build Def Jam label, ran Warner Music, and founded 300 Entertainment in which Google invested $5M   —  He's going to hold on to his 300 label, which Google backed three years ago.  —  Apple Music has Jimmy and Dre.  Spotify has Troy.
Sep 28, 2016, 5:55 PMIn context
Peter Kafka / Recode:
Sources: Verizon in advanced talks to buy Jason Kilar's mobile video startup Vessel, which is working on new Snapchat-like product   —  Verizon likes video, but Vessel has been working on a non-video product, too  —  Verizon is in advanced discussions to acquire mobile video startup Vessel, according to people familiar with the talks.
Sep 21, 2016, 8:05 PMIn context
Peter Kafka / Recode:
Mode Media, publisher and ad network formerly known as Glam and once valued at $1B, shuts down; company was on track to generate over $100M in revenue this year   —  The company that used to be called Glam Media generated $90 million last year.  Now it's out of business.
Sep 15, 2016, 11:40 PMIn context
Peter Kafka / Recode:
Sources: Pandora's new music services could launch as early as Thursday; deals set with Universal Music, Sony, and Merlin, but not yet Warner Music   —  Sources say it's aiming for a Thursday launch.  —  Pandora wants to launch two new music services, and it may be ready to do it this week.
Sep 13, 2016, 10:40 PMIn context
Peter Kafka / Recode:
How News Corp's Storyful became the agent for the creator of video of Clinton at 9/11 event, charging news orgs “a couple hundred thousand” for rights so far   —  If you want to show the 20-second clip, you need to pay Storyful, News Corp's viral video agency.
Sep 13, 2016, 4:55 PMIn context
Peter Kafka / Recode:
Jaunt, a virtual reality startup that has raised $100M from investors including Disney and Sky, hires Hearst exec George Kliavkoff as its new CEO   —  Jaunt has raised more than $100 million from Disney, Sky and other media backers.  —  You don't need more signs that virtual reality …
Sep 12, 2016, 12:50 PMIn context
Peter Kafka / Recode:
Facebook reinstates “Napalm Girl” photo, says it will adjust its review processes to allow future sharing of that photo   —  “The value of permitting sharing outweighs the value of protecting the community.”  —  After removing several posts that used a famous photograph from the Vietnam War …
Sep 9, 2016, 1:48 PMIn context
Peter Kafka / Recode:
Spotify calls report that it demotes songs in search due to artists' exclusives with rivals “unequivocally false”   —  Spotify doesn't like exclusives.  But it says it won't bury Frank Ocean and other acts in its search results.  —  Spotify doesn't like it when big-name acts take their music to Apple or Tidal first.
Aug 26, 2016, 5:10 PMIn context

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