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1:05 PM ET, February 12, 2016

Mediagazer

 Top News: 
William Turvill / Press Gazette:
ESI Media confirms Independent on Sunday to cease printing and Independent to go digital-only in late March; Johnston Press buys i for £24M  —  Independent newspapers closed, but will continue online, after i sale to Johnston Press  —  The Independent and Independent on Sunday newspapers are to close, it has been confirmed.
RELATED:
Mark Sweney / Guardian:
i to expand into Northern Ireland, launch a new website, and hire more than 30 staff  —  Johnston Press to expand i newspaper into Northern Ireland  —  Hiring spree by regional publisher for newly acquired national title expected to pick up staff from Independent and Independent on Sunday
Discussion: Guardian and Guardian
Stuart Dredge / Music Ally:
SoundCloud files financial results showing $44.27M loss in 2014 with revenue of $19.7M; board forecasts it will need more capital investment in 2016  —  SoundCloud financial results show €39.1m loss in 2014  —  SoundCloud's revenues rose 54% to €17.4m in 2014 …
Re/code:
Sources: Snapchat to let users subscribe to Discover publishers, ensuring content appears on Stories page, rolling out as early as May  —  Snapchat Wants to Let Users Subscribe to Their Favorite ‘Discover’ Publishers  —  Snapchat is working on new plans to boost traffic to the publishers that use its “Discover” platform.
New York Times:
Sources: Pandora has held preliminary discussions about selling itself  —  Pandora Is Said to Have Held Talks About Selling Itself  —  Pandora Media, the largest Internet radio service, has held discussions about selling the company, according to people briefed on the talks.
RELATED:
Brian Stelter / CNNMoney:
CBS CEO Les Moonves says talks about streaming services with Apple have ceased for now  —  Les Moonves says talks with Apple have stopped  —  Last year CBS CEO Les Moonves was bullish about his company's talks with Apple about a possible game-changer in TV.
Nicholas Quah / Nieman Lab:
The New York Times collaborates with This American Life on a special investigative report  —  Last August, a college student named Alan Pean was Tasered and shot in the chest by two security guards shortly after seeking treatment for a psychotic episode at a Houston hospital.
Patrick Frater / Variety:
China's Baidu Receives $2.8 Billion Offer for Online Video Giant iQIYI  —  Baidu, China's leading search engine operator, says that it has received a non-binding offer to buy iQIYI, a majority-owned subsidiary which is one of the Middle Kingdom's leading streaming video platforms.
Joseph Lichterman / Nieman Lab:
How news organizations like National Geographic, Mashable, New York Times, and Vox are experimenting with vertical video for mobile phones  —  Vertical video is becoming more popular, but there's no consensus on the best way to make it  —  Hiking through the hills above Otta, Norway …
Paul Farhi / Washington Post:
How the presidential campaign looks through the eyes of a foreign journalist  —  WEST DES MOINES — Marco Rubio is talking about the decline of the American military.  Mattias Kolb can hardly believe what he's hearing.  —  Standing at the back of a packed and overheated sports bar, Kolb …
Jessica Davies / Digiday:
UK publishers remain skeptical of micropayments despite various European efforts  —  Nickel and dimed: Micropayments won't solve ad blocking  —  Publishers have flirted with micropayments as a revenue stream for years, mostly unsuccessfully.  Now, with the continued rise of ad blocking …
Discussion: @digiday and Forbes
 
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 More News: 
Ashley Armstrong / Telegraph:
Guardian sends staff a letter detailing 20% reduction of costs, may consider compulsory layoffs
Jon Lafayette / Broadcasting & Cable:
CBS meets Q4 estimates with net earnings of $251M on $3.9B in revenue, driven by licensing and distribution
Brian Steinberg / Variety:
Viacom bets on new hires for MTV News, including Jamil Smith from The New Republic, to revive the network's brand
Jack Marshall / Wall Street Journal:
Publishers see improved revenue from Instant Articles after changes to ad policies; some now generate same amount per view as their own mobile sites
 Earlier Picks: 
Matthew Garrahan / Financial Times:
Thomson Reuters to auction IP and science unit, reports $417M net income on $3.14B revenue for Q4
Discussion: Reuters
Joe Mullin / Ars Technica:
Dish to disable DVR ad-skip for 7 days after broadcast to resolve Fox suit
Mike Shields / Wall Street Journal:
Media buyers push for a common platform across TV networks to target viewers based on collective data amid fears of major companies erecting walled gardens
Discussion: AdExchanger
 

 
From Techmeme:

Emma Roth / The Verge:
Mark Zuckerberg says Threads is testing custom feeds for certain profiles or topics; the Threads' version seems easier to use than Bluesky's custom feeds

Financial Times:
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+

Jibin Joseph / PCMag:
UK mobile operator Virgin Media O2 creates Daisy, an AI-generated “scambaiter” tool that mimics the voice of an elderly woman to waste scammers' time
 
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