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2:20 PM ET, June 24, 2015


 Top News: 
Matt Galligan / Medium:
Circa is shutting down indefinitely after failure to monetize and close funding deals; CEO Matt Galligan says firm is working on deal involving underlying tech  —  Farewell to Circa News  —  It's with great disappointment that we let you know that Circa News has been put on indefinite hiatus.
Joseph Lichterman / Nieman Lab:
After being shut down by Gannett, San Francisco's The Bold Italic is returning under new ownership  —  The Bold Italic is coming back.  After being shut down abruptly by Gannett in April, the local San Francisco site is returning under new ownership.  —  Sunil Rajaraman, cofounder …
Apple Music strikes deals with rights group Merlin and independent label Beggars Group after changing royalty structure during trial period  —  Apple Music Signs Beggars Group, Merlin: Sources  —  Beggars comprises the imprints 4AD, XL, Matador and Rough Trade and has had a hand in the careers of Adele …
Sarah Perez / TechCrunch:
Amazon Prime Instant Video Adds Limited Support For HDR  —  Amazon announced today that it has rolled out, in limited fashion, support for HDR (high dynamic range) on Amazon Instant Video.  It will initially only offer HDR videos to Amazon Prime members in the U.S., and only for one full series …
Lawrence Wright / New Yorker:
Atlantic Media owner David Bradley worked with families in effort to rescue ISIS hostages who felt they were abandoned by the US government  —  Five Hostages  —  Families whose children were held captive in Syria felt that U.S. officials had abandoned them.  So they secretly joined forces.
DraftKings Won't Raise $250 Million From Disney, But Will Still Get ESPN Ad Deal  —  Fantasy sports site DraftKings, which had discussed raising $250 million from Disney, is going to raise money somewhere else instead.  —  But the two companies will have a relationship anyway …
Melody Kramer / Poynter:
Local news an important filter, offers deeper understanding of complicated issues, preserves culture, ensures accountability  —  Why does local matter?  Let's ask our audience.  —  It's summer now so it's time for a long, juicy beach read on why local news matters.
Discussion: @madison_mayhew
Janko Roettgers / Variety:
TuneIn and PBS Kids Go Live on the Xbox One  —  Xbox One owners just got access to a lot more free content: Radio aggregator TuneIn went live with an app on the game console Tuesday, bringing more than 100,000 radio stations from across the globe to the Xbox One.
Discussion: softpedia
Seb Joseph / The Drum:
Conde Nast preps video channels to spur revenue from ads co-produced with brands  —  Conde Nast Britain is launching dedicated video channels for titles such as Vogue and GQ to populate its inventory with branded films and quicken efforts to become less reliant on display ads.
Discussion: Refinery29, Haute Living, Vogue UK and WWD
National Union of Journalists:
European media groups condemn beating to death of Polish journalist Lukasz Masiak on June 13  —  IFJ & EFJ condemn the murder of journalist beaten to death in Poland  —  The International Federation of Journalists (IFJ) and its regional organisation the European Federation of Journalists …
Associated Press:
Wikileaks documents show Saudi Arabia government payments to media in Mideast and Canada, including $2M to Lebanese MTV network  —  Saudi cables suggest money links with media  —  5 photos  —  BEIRUT (AP) — A financially troubled Lebanese TV network received a $2 million Saudi bailout …
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 More News: 
Jared Newman / Fast Company:
Roku CEO on company's plans to stay ahead of the competition from Apple, Google, and Amazon
 Earlier Picks: 
Casey Newton / The Verge:
You can now watch Periscope replays on the web
Discussion: The Next Web
Joseph Lichterman / Nieman Lab:
Q&A with Renée Kaplan, the Financial Times' first head of engagement, on how her team plans to reach new audiences
Discussion: @niemanlab
Akin Oyedele / Business Insider:
Netflix board approves 7-for-1 stock split for those who own stock as of July 2
Michael Calderone / The Huffington Post:
Charleston's Post and Courier holds legislators accountable by polling them on Confederate flag debate, listing Twitter handles, displaying results in real time