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2:50 PM ET, October 28, 2015

Mediagazer

 Top News: 
Wall Street Journal:
IBM to buy Weather Co's digital and data assets but deal doesn't include traditional TV channel business  —  IBM to Buy Weather Co.'s Digital, Data Assets  —  International Business Machines Corp. agreed to acquire the digital and data assets of Weather Co., owner of the Weather Channel.
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Alex Weprin / Politico:
Weather Channel eyes ‘hyper-local streaming service’ after selling digital assets to IBM  —  IBM has purchased the digital and data assets of The Weather Company, parent company of The Weather Channel.  As part of the deal, Weather.com, Weather Channel's suite of apps, and its weather forecasting technology will go to IBM.
Noah Kulwin / Re/code:
Sources: SXSW organizers weigh all-day event focusing on combatting online harassment following BuzzFeed and Vox reaction to panel cancellations  —  Exclusive: After Gamergate Misstep, SXSW Weighing an All-Day Forum on Online Harassment  —  SXSW festival organizers are considering …
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T.C. Sottek / The Verge:
Vox Media and The Verge will not attend SXSW unless it takes harassment seriously  —  After the organizers of the SXSW conference canceled an anti-harassment panel due to alleged Gamergate-related “threats of violence,” Vox Media is reevaluating its participation in the SXSW conference.
Agence France-Presse:
Turkish police storm offices of opposition media group  —  Istanbul (AFP) - Turkish riot police firing tear gas and water cannon on Wednesday stormed into the Istanbul headquarters of a media group linked to President Recep Tayyip Erdogan's main rival, just days before a weekend election.
Peter Sterne / Politico:
Gawker president and general counsel Heather Dietrick thinks Gawker likely to lose Hulk Hogan lawsuit, but that award will be much less than $100M sought  —  Gawker president: ‘More likely than not’ we'll lose Hogan case  —  Gawker Media president and general counsel Heather Dietrick thinks that it is …
Benjamin Mullin / Poynter:
Lena Dunham teams up with Hearst Magazines to monetize Lenny Letter  —  Before “Girls” creator Lena Dunham became the latest celebrity to launch a newsletter, she hinted that it would eventually be accompanied by some form of advertising.  —  Nearly a month after the debut of Lenny Letter …
Mark Sweney / Guardian:
Trinity Mirror announces plan to acquire Local World in £220M deal, making it UK's largest regional news group with more than 200 titles  —  Trinity Mirror confirms £220m Local World deal  —  Daily Mirror owner will become UK's biggest regional newspaper publisher as it takes control of more than 100 titles
Chris Welch / The Verge:
YouTube Red is now available: get rid of ads and watch videos offline for $9.99  —  Starting now, you can pay $9.99 per month and never see another ad on YouTube again.  The company's YouTube Red subscription service, which removes ads and includes other perks like offline playback and background audio …
Jim Romenesko:
Toledo Blade kills print edition for almost all holidays; Newspaper Guild protests the move  —  No printed edition on most holidays  —  In an effort to encourage more traffic to our online products - toledoblade.com and the eBlade - we are making an adjustment in our print-publication schedule.
Discussion: @jbenton
Mark Sweney / Guardian:
London Live cuts loss to £6m with breakeven target of 2017  —  Evgeny Lebedev's local TV channel forecasts it will double its revenues next year as it ramps up its programming strategy  —  London Live, the local TV channel launched by Evgeny Lebedev's media company …
Discussion: Advanced Television
Scott Soshnick / Bloomberg Business:
Fantasy-sports firms, including DraftKings and FanDuel, agree to join self-regulatory board led by former acting US Secretary of Labor Seth Harri  —  Fantasy-Sports Companies Agree to Join Self-Regulatory Board  —  New organization will be led by Ex-Labor Secretary Seth Harris
Joshua Brustein / Bloomberg Business:
Breitbart launches Breitbart Tech section with six full-time staffers, led by Milo Yiannopoulos, known for his contrarian views on Internet culture  —  Breitbart News Is Preparing to Troll Tech  —  The right-wing site is launching a tech section to combat progressive opinions about technology and Internet culture.
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 More News: 
Erik Wemple / Washington Post:
Labor activist-cum-reporter Mike Elk reaches settlement with Politico over summer departure
Discussion: @sonnybunch and @mikeelk
Brenden Mulligan / Medium:
Startups targeting musicians as customers struggle because the musicians aren't in a position to spend on services
Casey Newton / The Verge:
Twitter turns to TV ads to increase reach; advertisements debut during World Series
 Earlier Picks: 
Noah Kulwin / Re/code:
Gawker's New Editor Is Alex Pareene, Formerly of First Look and Salon
Ben Williams / Adblock Plus and (a little) more:
Axel Springer serves Adblock Plus website with court papers, demanding they remove forum posts on how to get around Bild's ad block blockade
Kurt Wagner / Re/code:
Twitter reports 320M MAUs in Q3, an increase of just 4M, and EPS of $0.10 against $0.05 expected; stock down more than 12% in after-hours trading
Erik Sass / MediaPost:
McClatchy reports Q3 revenue of $258.1M, down 7% YoY, with falling ad and circulation sales
Discussion: Forbes