Mediagazer: Time Warner Profit Soars on Strength in Movie Business (Michael Calia/Wall Street Journal)

8:00 AM ET, April 30, 2014

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Peter Kafka / Re/code:

Twitter and TV Working Just Fine, Says Twitter — Yesterday, after a top TV executive lobbed a bomb at Twitter's TV pitch, Twitter executives kept quiet. — But Twitter CEO Dick Costolo knew he'd get asked about NBC* research chief Alan Wurtzel's “Emperor has no clothes” comments today during his earnings call.

Discussion: @mcproulx, Forbes, Engadget and VentureBeat

Alex Wilhelm / TechCrunch:

Twitter Beats In Q1 With $250M In Revenue And Picks Up 14M New Monthly Active Users — This afternoon Twitter released its first quarter financial performance, reporting revenue of $250 million in the period, and earnings per share of $0.00 on a non-GAAP basis.

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Mike Isaac / Re/code:
Twitter faces decelerating growth in active users and timeline views

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Tom Wheeler / Official FCC Blog:

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Jon Brodkin / Ars Technica:

Ex-FCC chief says politics and funding droughts would slow the internet if it were a utility — Cable lobbyist who once led the FCC is glad he didn't regulate the Internet — Michael Powell made sure Internet access wouldn't be treated as a utility. — There are some people …

Discussion: Hollywood Reporter, New York Times, Re/code and Cable Tech Talk

Andrew Wallenstein / Variety:

Condé Nast to Launch New Digital Brand Aggregating Video — Variety among the news brands named as inaugural video partners for The Scene — Condé Nast Entertainment sees strength in numbers in the video space-even if that means mixing its high-class brands with those outside the company.

Discussion: Folio, AdAge and WWD Media Headlines

Philip Galanes / New York Times:

A Conversation With Liz Smith, Gossip Columnist and Jess Cagle, Editorial Director of People Magazine — If you've ever found yourself intrigued by the meltdowns of Lindsay Lohan and Charlie Sheen, puzzled by Jennifer Aniston's seemingly endless difficulty in finding romantic bliss …

Discussion: @cschweitz, @jordanbreal and @mrjesscagle

Michael Calia / Wall Street Journal:

Time Warner Profit Soars on Strength in Movie Business — Media Giant's Results Top Expectations — Time Warner Inc. said its first-quarter profit soared as revenue across the company's segments jumped, including double-digit growth from its Warner Bros. movie business.

Discussion: Deadline.com, Variety and Hollywood Reporter

Andrew Wallenstein / Variety:

Most Pirated TV Shows, Networks Dominated by Broadcasters — Piracy tracking firm CEG TEK came out with a rare comprehensive look at just what TV shows and networks are the most active on P2P hub Bittorrent. While it's hard to extrapolate broad trends from numbers drawn just from last week …

Caroline O'Donovan / Nieman Journalism Lab:

Media economist Matthew Gentzkow: fixed costs of producing news remain high on the internet — Q&A: Clark Medal winner Matthew Gentzkow says the Internet hasn't changed news as much as we think — The Clark Medal is one of the most prestigious awards in all of academia, awarded to the …

L.A. Ross / The Wrap:

Cable Network Chiefs Slam Netflix, Amazon: ‘We Have A Better Product’ — The heads of ESPN, A+E Networks, and TBS had some strong words for upstart content providers like Netflix, Amazon, and Yahoo. — “We have a better product than they do,” ESPN President John Skipper …

Discussion: Hollywood Reporter, FierceCable, Los Angeles Times and Variety

Caroline O'Donovan / Nieman Journalism Lab:

NewsLynx wants to build tools to better measure the impact of journalism — A new research project over at Columbia's Tow Center wants to do a better job of determining the real impact news has on the world around us. — Former Knight-Mozilla OpenNews fellows and current Tow fellows Brian Abelson …

Discussion: Tow Center for Digital …

A.H. Belo Corporation:

Belo Q1: loss of 18 cents/share, $85.6M operating revenue, $0.9M loss from Wanderful — A. H. Belo Corporation Announces First Quarter 2014 Financial Results from Continuing Operations — A. H. Belo Corporation (NYSE: AHC) today reported a first quarter net loss from continuing operations …

Andrew Beaujon / Poynter:

BuzzFeed removes post after Maria Popova complains — BuzzFeed has removed a post that Maria Popova said took images she had scanned and written about. Popova wrote that she'd “tracked down a surviving copy of Ralph Steadman's fairly obscure 1995 illustrations for George Orwell's Animal Farm” …