Digital magazine platform Flipboard has acquired rival app Zite from CNN for an undisclosed amount. Flipboard, a popular cross-platform news reader app, is expected to launch custom magazines linked to a number of CNN shows. It also announced a new advertising partnership with CNN to help monetize combined coverage. CNN bought Zite in 2011 for a rumored $20 million. Flipboard, which generates 2.5 billion page views per month, launched on iOS in 2010 and landed on Android in 2012. Continue reading News Reader Flipboard Strikes Deal with CNN to Acquire Zite

Now in its ninth year, the Aspen Ideas Festival (June 26-July 2) gathers thought leaders from a wide range of areas such as economics, policy, environment, science, education, arts, global affairs and philosophy. Presented by the Aspen Institute and The Atlantic, this year’s event includes discussions on a number of compelling media topics. We’ve gathered some of the more interesting quotes from leaders in social media, film and television, online distribution and more. Continue reading Industry Leaders Share Thoughts at the Aspen Ideas Festival