Mediagazer: BuzzFeed didn't cut its 2016 forecast in half, says BuzzFeed chair Ken Lerer (Peter Kafka/Re/code)

2:10 PM ET, April 13, 2016

Top News:

Peter Kafka / Re/code:

BuzzFeed didn't cut its 2016 forecast in half, says BuzzFeed chair Ken Lerer — BuzzFeed's doing fine. So is the digital media business. Everything's going to be great, as long as you understand that everything is changing. — That's the message from BuzzFeed chairman Ken Lerer …

Discussion: Financial Times, Media Wire Daily, FishbowlNY, @ajsharp and @mikeisaac

Financial Times:

Sources: BuzzFeed missed 2015 revenue target by over $80M with $170M, halves 2016 projection to $250M — BuzzFeed missed 2015 revenue targets, slashes 2016 projections — BuzzFeed missed its revenue target for 2015 and has slashed its internal projections for 2016 by about half …

Discussion: Vanity Fair, Guardian, Gawker, The New York Observer, New York Magazine, CNNMoney, Fast Company, @cnbc, Guido Fawkes, USA Today, The Drum, The Wrap, Business Insider, Fortune, @csmcdaniel, @jmcduling, @goldfarb, @clarajeffery, @shagility, @scottmaustin, @rafat, @rafat and @mediatwit

William D. Cohan / Vanity Fair:

Staff voice displeasure as Dauman's strategic miscalculations and Viacom's dysfunction trickle down to affect individual businesses, from MTV to Paramount — Inside the Viacom “Brain Drain” — As an ailing Sumner Redstone remains out of sight, Viacom's “creatives” are voicing their displeasure …

Discussion: Los Angeles Times and Fortune

Keach Hagey / Wall Street Journal:
Email shows attorney worried in April 2015 that if Redstone's condition became public, he could have been removed from Viacom, 10 months before he stepped down

Discussion: The Wrap and Wall Street Journal

Shalini Ramachandran / Wall Street Journal:

Sling TV debuts $20/month streaming package featuring Fox channels and streaming on up to three devices simultaneously — Sling TV Launches New Multi-Stream Version With Fox Channels — New $20-a-month option won't have the Disney channels that are available in single-stream package

Discussion: Business Wire, MediaPost, The Wrap, Home Media Magazine, TechCrunch, Deadline, KUSA-TV, Bloomberg, Hollywood Reporter, AppleInsider, Ubergizmo, Scott Porch, blog.chron.com, Tech Times, Engadget, Variety, The Verge and The Next Web

Shan Wang / Nieman Lab:

How BuzzFeed, BBC, Fusion, The Daily Beast, HBR, and The Huffington Post are using Facebook Live, and the challenges they face — Live, local, late breaking: On Facebook Live, news outlets take a cue from TV (but don't call it TV) — Around 5 p.m. on April 1, everyone in our little office crowded around …

Discussion: MediaShift, Variety, Re/code and Gizmodo UK

Michael Wolff / British GQ:

How The Guardian overextended itself under Alan Rusbridger and why that may lead to terminal decline — Alan Rusbridger's Guardian is on a suicide mission — Alan Rusbridger's disciples consider him a visionary, but the former Guardian editor oversaw enormous losses, a huge fall in circulation and a ruinous faith in free content.

Discussion: Politico, @profjeffjarvis, @rob_marchant, @edmundlee, @neilwallis1, @timsowula, @heminator, @auerbachkeller, @michaelwolffnyc, @leshinton, @d_shariatmadari, @chanders, @michaelwolffnyc, @markscott82 and @tomgara

Joshua Benton / Nieman Lab:

Facebook announcements important to publishers included a bot platform for Messenger with a CNN demo, a Save to Facebook button, and quote sharing for apps — Here are the important announcements for publishers at Facebook's F8 keynote — Facebook's annual developer conference F8 …

Jack Marshall / Wall Street Journal:
Facebook Says Users Show Preference For Instant Articles Over Mobile Web Articles

Discussion: NewsWhip, @rafat, SocialTimes, @bmorrissey, Facebook Media, The Next Web, PR Newswire, PR Newswire, TechCrunch, TechCrunch, Business Insider, VentureBeat, Re/code, @newsmary and @digiday

Janko Roettgers / Variety:
Facebook makes its Live API publicly available, allows streaming directly to Facebook from non-mobile devices like drones, TV broadcast feeds

Discussion: Nieman Lab, Facebook Media, Digiday, Entrepreneur, Editor & Publisher, Tech Times, Fortune, Forbes, TechSpot, SocialTimes, ARC, SiliconANGLE, ZDNet, @johncolucci, The Verge, TechCrunch, VentureBeat, Wall Street Journal, Variety, The Verge, Facebook Code, Facebook Media, Softpedia News, @joshm and @jank0

Politico:

Six Salon staffers laid off, including long-serving Assistant Managing Editor Ruth Henrich and Life Editor Kim Brooks, as part of budget cuts — Layoffs hit Salon — Layoffs hit digital news site Salon today, POLITICO has learned. — A Salon spokeswoman said that six staffers were affected by the layoffs.

Discussion: FishbowlNY, Mediaite, @joanwalsh, @plfino, @zzzzaaaacccchhh, @magiciansbook, @rafat, @rafat, @kelseymsutton, @eliasisquith and @kelseymsutton

Erik Wemple / Washington Post:

NYT Executive Editor Dean Baquet to meet with Styles department over story on Gay Talese — Gay Talese. — The New York Times continues to wrestle with last week's strange Gay Talese episode. Tomorrow, New York Times Executive Editor Dean Baquet will meet with staffers …

Discussion: @nbj914, @nicknotned, @editorialiste, @andrewrgoldman, @stuartemmrichny, Independed Women's Forum and @petersterne

Nick Statt / The Verge:

Amazon announces $290 Kindle Oasis, its thinnest Kindle to date, which comes with leather case that extends battery life; pre-orders open today, ships April 27 — Amazon's Kindle Oasis is the funkiest e-reader it's ever made — Amazon's philosophy with the Kindle line has been consistent …

Discussion: Fast Company, TechCrunch, Forbes, VentureBeat, Publishers Weekly, Guardian, Amazon.com, GalleyCat, ZDNet, Pocket-lint, SlashGear, TIME, CNBC, CNET, USA Today, Telegraph, BBC, Wired, New York Times, Re/code, GeekWire, The Next Web, Pocket-lint, Engadget, SlashGear, mirror and Gizmodo

Erik Wemple / Washington Post:

Journalistic ethics questioned ahead of Gay Talese's 35-year work The Voyeur's Motel scheduled for book release this year: protect a source or report a crime? — Should Gay Talese have reported perverted motel owner to the police? — More than 30 years ago, Gay Talese met Gerald Foos …

Discussion: Editor & Publisher, Washington Post, @adrianchen, @peterwsinger, The Stranger …, @jillfilipovic, @julietwaters, @jillfilipovic, @kweintraub, @moniqueschafter, @sreddi_515 and Slate

Wall Street Journal:

Twitter struggles to delete ISIS accounts, removing 26K suspected accounts in March while ISIS supporters created 21K — Twitter and Islamic State Deadlock on Social Media Battlefield — The terror group's online footprint has shrunk in crackdown aided by global hackers …

Discussion: @offbytwo, @emily_feldman and @stephiekillgore

Alison Smale / New York Times:

Angela Merkel faces free speech dilemma as Turkey lodges formal request for Germany to prosecute comedian who insulted Erdogan — Comedian's Takedown of Turkish President Tests Free Speech in Germany — BERLIN — Germany's comics love President Recep Tayyip Erdogan of Turkey.

Discussion: The Daily Caller

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