Top News:
Micah Singleton / The Verge:
Facebook launches Music Stories post format that lets iOS users listen to 30-second clips of music shared from Spotify, Apple Music, and iTunes within News Feed — Facebook adds song clips from Spotify and Apple Music to your News Feed — As part of its ongoing effort to surface every bit …
Discussion:
Facebook Media, The New York Observer, Re/code, Wall Street Journal, Billboard, Digiday, BuzzFeed, Fast Company, AppleInsider, Wired, PC Magazine, App Advice, Newsweek, A Journal of Musical Things, RAIN News, iDownloadBlog.com, FACT Magazine, routenote.com/blog, Ubergizmo, PhoneDog.com, 9to5Mac, Tech Times, SlashGear, SiliconBeat, Engadget, Gigaom, Tech Insider, 9to5Mac, MacRumors, hypebot, Variety, TechCrunch, The Next Web, Your EDM and Mashable
Gerry Smith / Bloomberg Business:
News Corp misses estimates with revenue of $2.01B, down 4% YoY, affected by ad revenue decline — Murdoch's News Corp. Profit Trails Estimates on Advertising Drop — Company cites weak print advertising, foreign exchange impact — Revenue of $2.01 billion falls short of analysts' estimates
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Kelsey Sutton / Politico:
Time CEO Joe Ripp disappointed in revenue from Apple News, seeks more digital acquisitions — Time Inc. sees digital opportunities, and frustrations — In a moment of frustration on an earnings call this morning, Time Inc. CEO Joe Ripp said he was less than pleased with returns from Apple News …
Discussion:
@raju
Wall Street Journal:
Time Inc. reports Q3 loss of $913M, reflecting the goodwill write-down related to AOL Time Warner merger, beats revenue expectations with $773M, lowers guidance — Time Swings to Loss, Brings Down Guidance — Shares in the company have fallen 12% over the past three months
Discussion:
The Wrap
Daniel Terdiman / Fast Company:
The Associated Press and LA-based production company RYOT partnering for virtual reality series — Virtual Reality Journalism Is Coming To The Associated Press — The Associated Press has become the latest news organization to turn to virtual reality as a journalism tool.
Discussion:
New York Times, YouTube Blog, Virtual-Strategy Magazine, GeekWire, Gizmodo, Gigaom and GeekWire
Lisa Beilfuss / Wall Street Journal:
Tribune Publishing Q3: revenue $404.3M, advertising revenue down 0.5%, print and delivery revenue down 30%, digital revenue up 6.6%, digital subscribers up 19% — Tribune Publishing Reports Loss — Company says unfavorable jury verdict could reduce quarterly profit by another 20 cents a share
Discussion:
Poynter, investor.tribpub.com, Talking New Media and LA Observed
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Joe Pompeo / Politico:
Tribune Publishing to switch to metered digital pay model
Discussion:
Nieman Lab, @mathewi, Politico and @joepompeo
Guardian:
Guardian US launches Mobile Innovation Lab, headed by Sasha Koren as editor, Sarah Schmalbach as senior product manager, announces Nieman Lab partnership — Guardian US formally launches Mobile Innovation Lab … Guardian US today announced the formal launch of the John S …
BBC:
Forbes family sues Hong Kong investors over stake sale — The family behind Forbes Media is suing its Hong Kong investors for an alleged breach of payment on the stake they bought in the media firm last year. — In a lawsuit, the family has alleged Integrated Whale Media Investments (IWM) …
Discussion:
New York Post, New York Times, Talking Biz News, New York Post, Media Wire Daily, FinanceAsia and Business Insider
Jacob Pramuk / CNBC:
Disney reports mixed Q4 earnings with revenue of $13.51B, cable network revenue up 12% — Disney earnings: $1.20 per share, vs expected EPS of $1.14 — Walt Disney posted mixed quarterly earnings on Thursday, sending its shares lower in extended trading.
Discussion:
Multichannel News, Broadcasting & Cable, Guardian, Deadline, New York Times, Forbes, The Wrap, @alexweprin, @cnbcnow and Walt Disney Company
Ingrid Lunden / TechCrunch:
ComScore Sells Digital Analytix Business To Adobe En Route To Buying Rentrak For $732M — While online traffic measurement firm comScore moves ahead on its $732 million deal to acquire Rentrak, it's selling another part of its business as it continues to streamline: today comScore announced …
Discussion:
Digital Marketing Blog and PR Newswire
Henry Blodget / Business Insider:
A thank you note, as Business Insider officially closes its sale to Axel Springer — Thank you! — It's not every day that you have the privilege of seeing an idea grow into a global enterprise. — But that's the happy situation I have found myself in over the past few years.
Discussion:
@jdrive, @jasonlk, @jasonlk, @jasonlk, @tomaxwell, @edgecliffe and @mamtabadkar
Todd Spangler / Variety:
ESPN, ABC and Disney Channels Finally Coming to Sony PlayStation Vue — After years of haggling, Sony has at last reached a deal with Disney and ESPN Media Networks to bring the Mouse House's suite of networks to the PlayStation Vue Internet TV service. — Under the pact, ESPN …
John Eggerton / Broadcasting & Cable:
Cox to pay $595K to settle FCC probe into its data protections after unreported 2014 breach — Cox Settles FCC Hack Investigation — Will pay $595,000; Cox says it took immediate steps to limit breach — Cox has agreed to pay $595,000 to settle an FCC Enforcement Bureau investigation …
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