Mediagazer: Wall Street reaction to Gannett's Tribune bid indicates deal is likely to succeed; spokesman says Gannett would keep Tribune intact (Rick Edmonds/Poynter)

12:25 AM ET, April 26, 2016

Top News:

Roger Yu / USA Today:

Gannett Co. offers to buy Tribune Publishing, owner of LA Times, for $815M, at $12.25 a share, will assume $390M of Tribune's outstanding debt — Gannett offers $815 million to buy Tribune Publishing — Gannett Co., which owns USA TODAY and more than 100 other media properties across the country …

Rick Edmonds / Poynter:

Wall Street reaction to Gannett's Tribune bid indicates deal is likely to succeed; spokesman says Gannett would keep Tribune intact — Why Gannett is likely to win its takeover bid for Tribune Publishing — Despite initial resistance from Tribune Publishing's management …

Discussion: Chicago Tonight, Politico, New York Times, @palewire, Washington Post and On Point with Tom Ashbrook

James Warren / Poynter:
Tribune's management surprised by Gannett bid, had other plans for the company, internal memo reveals; bid could lead to boardroom or courtroom battle

Discussion: @niemanlab, Poynter, @jackmirkinson, @jimwarren55 and @benmullin

Brian Stelter / CNNMoney:
Gannett says Tribune Publishing rejected its offer but Tribune says it's reviewing offer

Discussion: CNNMoney, Ad Age, Quartz, The Week, Editor & Publisher, @dylanbyers and @brianstelter

Brian Stelter / CNNMoney:

Kelly Ripa gets a personal apology from ABC execs — Top executives at Disney and ABC have personally apologized to Kelly Ripa for last week's bungled announcement about the departure of her co-host Michael Strahan. — The bosses apologized to Strahan too.

Discussion: Vanity Fair and TVLine

Amy X. Wang / Quartz:

Tidal surged with help from Beyoncé and Prince exclusive streaming, but still faces challenges including lawsuits — It's now or never for Jay Z's Tidal — Based on all the attention it gets, Jay Z's Tidal—the subscription-only music service that's been bouncing all over the news lately …

Discussion: Forbes, New York Times, @mroleson2017, Gizmodo, Billboard, Bloomberg, hypebot, Vanity Fair, Digital Music News, Washington Post, The Next Web and Mashable

Meg James / Los Angeles Times:

Charter-Time Warner Cable merger and Bright House Networks acquisition get regulatory OK in deals valued at $88B, with terms to protect streaming competition — FCC chairman recommends approval of Charter's takeover of Time Warner Cable — Charter Communications is closer to realizing …

Jeanine Poggi / Ad Age:

Saturday Night Live to reduce ads by 30%, introduces six slots a year for branded content — ‘Saturday Night Live’ Will Cut Ads by 30% Next Season — Also Offers Marketers Limited Branded Content Pods — Marketing Fact Pack — NBC's “Saturday Night Live” is paring down its commercial load …

Discussion: Adweek, Forbes, Variety, Vanity Fair, Engadget, Tubefilter, Birth.Movies.Death, /Film and Broadcasting & Cable

Jeremy Barr / Ad Age:

Vox Media's Circuit Breaker aims to make money with Instant Articles, editorial sponsorships, possible product placement in Facebook Live, and maybe e-commerce — How Vox Media's New Gadget Blog Circuit Breaker Will Earn Revenue — On Monday, Vox Media tech and culture site The Verge announced …

Discussion: @reckless, @gruber, @davewiner, @mathewi and The Wrap

John Herrman / New York Times:
Vox Media launches gadget blog Circuit Breaker as a section of The Verge, but with Facebook as its primary distribution platform

Discussion: Om Malik, The Wrap, LinkedIn Pulse, Scripting News, Fast Company, @jwherrman, The Verge, @eringriffith, Talking New Media, Media Wire Daily, Nieman Lab and @backlon

Chris Roush / Talking Biz News:

Ken Li, founding editor of Recode, named Newsweek managing editor, replacing Kira Bindrim — Recode's Li named ME of Newsweek — Ken Li, who has been editor in chief of tech news site Re/code, has been named managing editor of Newsweek magazine. — Li will be based out of New York …

Discussion: @kirabind, FishbowlNY, New York Post, thebaron.info, @kenli729, @kenli729 and Folio

Dave McNary / Variety:

Lionsgate to distribute more than 100 films on Steam, including The Hunger Games — Lionsgate Launches Distribution Through Steam, Includes ‘Hunger Games’ … Valve Corp. and Lionsgate have formed a partnership under which Lionsgate will license more than 100 films to Valve's Steam digital …

Discussion: PR Newswire, TechCrunch, SlashGear, Tom's Hardware, Ubergizmo, Wired.co.uk, Digital Trends, Polygon, Engadget and Home Media Magazine

Sarah Perez / TechCrunch:

Hundreds of Spotify credentials appear online - users report accounts hacked, emails changed — A list containing hundreds of Spotify account credentials - including emails, usernames, passwords, account type and other details - has popped up on the website Pastebin, in what appears to be a possible security breach.

Discussion: AppAdvice.com Latest, SlashGear, Digital Trends, @caseynewton, SiliconANGLE, Ubergizmo, Fast Company, Windows Central and hypebot

Dominique Soguel / Associated Press:

Turkey denies re-entry for US journalist David Lepeska, one of several foreign journalists recently detained, denied entry, or expelled from the country — US journalist says he was denied entry into Turkey — ISTANBUL (AP) — A Turkey-based American journalist says he was denied re-entry …

Discussion: @schupaska, @dlepeska, Hurriyet Daily News, Reuters, RT and Guardian

Robin Wilson / Chronicle of Higher Education:

Melissa Click, Missouri professor fired over confrontation with student reporter, talks about the events of that day, blames her firing on racial politics — Being Melissa Click — Last fall, as Melissa Click yelled and pointed her way into infamy, she quickly became a caricature …

Discussion: Hot Air, The Daily Caller, Hit & Run, @robbysoave and @aaronblake

Archived Page Info:

This is a snapshot of Mediagazer at 12:25 AM ET, April 26, 2016.

View the current page or another snapshot:

Who's Hiring in Media?

Output Producer, CA — AP

China Markets Correspondent, Shanghai — Reuters

Senior Assignment Editor, DC — WaPo

Breaking News Editor, Tokyo — Bloomberg

Senior Correspondent - Wealth, NY — WSJ

Reporter - Ottawa Bureau — Globe & Mail

Research Director, CA — OCBJ

Immigration Enforcement Reporter — Documented

Presque Island Reporter, ME — Bangor Daily News

Contributing Parks Ed. - SW, CA — SFGATE

AI Content Editor, WA — Outlier

Legislative Reporter, TN — Daily Memphian

Elon Musk Reporter, NY or CA — The Information

Government & Politics Editor, WA — Seattle Times

Business & GA Reporter. VT — VTDigger

Sports Reporter, WA — Everett Herald

Energy Reporter, TX — Houston Chronicle

Senior Reporter, SC — Island Packet

Trade & Climate Correspondent, DC — FT

Reporter, WI — Racine County Eye

Political Newsletter Writer, CO — The Lever

Jackson Reporter, MS — Verite

Music Editor, AZ — Phoenix New Times

Breaking News Reporter, NV — Las Vegas Sun

Fearless Reporter/Producer, IA — BPC

Reporter II - Technology, Remote — NPR

Editor, Remote US — Daily Kos

City Reporter, WA — Tacoma News Tribune

Executive Editor, OR — Lookout Local

Education & Budget Reporter, CA — Politico

Senior Writer/Editor, FL — Gulfshore Business

Media Editor, Remote — Axios

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Zack Liscio / Naytev Insights:
A breakdown of BuzzFeed's official distribution channels: 10 social networks, 7 chat apps, 5 BuzzFeed apps, 20 video syndication partners, and more

Karl Bode / Techdirt:
Comcast preventing Xfinity customers from using Starz's $9/ month standalone streaming app, and can only offer flimsy reasons why

Discussion: Engadget and The Verge

Joan E. Solsman / The Wrap:
Ahead of launching its subscription service on Tuesday, Fullscreen announces online series, “The Deleted”, directed by American Psycho author Bret Easton Ellis

Discussion: Broadcasting & Cable

Gary Baum / Hollywood Reporter:
Profile of the Los Angeles Review of Books, a must-read amongst California's Hollywood crowd

Discussion: @annehelen

John Herrman / New York Times:
Q&A with Harvard economist Andrei Hagiu on distributed readership, platforms, and writer-reader interaction

Discussion: @sonyaellenmann and @jwherrman

Earlier Picks:

BBC:
Xulhaz Mannan, the senior editor at Roopbaan, Bangladesh's first LGBT magazine, and colleague Tanay Mojumdar, hacked to death in Dhaka

Discussion: @atharahmadbbc, @vikassaraswat, @kingofdawah, @patrickstrud, @holland_tom, @owenjones84, @jhallwood and Al Jazeera English

Tara Conlan / Guardian:
BBC staff say decision to relocate majority of BBC Chinese Service's roles to Hong Kong from the UK risks their safety and corporation's editorial integrity

Discussion: China Digital Times, @gadyepstein, @limlouisa and @beijingpalmer

Nicola Clark / New York Times:
Politico Europe has 1-1.5M unique visitors a month, 300K readers of weekly print newspaper, Brussels Playbook delivered to 50K inboxes a day

Discussion: @r_allbritton, @lpolgreen, @kenvogel and @politicoryan

Andy Greenberg / Wired:
Toosheh lets Iranians use their ubiquitous satellite TV dishes to download videos, cirumventing the nation's slow, expensive, censored internet

Discussion: @yanatweets and @yashalevine

From Techmeme:

OpenAI:
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Bloomberg:
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page