Mediagazer: YouTube capturing only a sliver of TV ad spending, with higher CPMs and content quality among the major concerns for advertisers (Mike Shields/Wall Street Journal)

4:40 AM ET, April 27, 2016

Top News:

Tribune Publishing's Michael Ferro criticizes Gannett for pressing for board decision on $400M takeover bid before he can unveil strategic plan on May 4 — Tribune Publishing Chairman Michael Ferro says Gannett is ‘trying to steal the company’ — Chicago's Tribune Tower.

Discussion: LA Observed, Mother Jones, @benmullin, @chasejohn, @zacestrada, @marthagroves, @talkingnewmedia, @robertloerzel, @charlesornstein, @vosdscott, @davemckinney, The Wrap and New York Times

Andrew Ross Sorkin / New York Times:
How Tribune Publishing's non-executive chairman, Michael Ferro, who has virtually no media experience, is expanding his control of the company's board

Discussion: @kellymcb, MediaPost, LA Observed, @activistinsight, @raju, @jimrutenberg, @stephenreiss, @charlesornstein, @brianstelter, Poynter, @fvogelstein and Editor & Publisher

Peter Sterne / Politico:

Las Vegas Review-Journal columnist John L. Smith resigns after paper prevented him from writing about Sheldon Adelson and another casino owner, Steve Wynn — Las Vegas Review-Journal columnist resigns — Las Vegas Review-Journal columnist John L. Smith resigned from the paper on Tuesday …

Discussion: New York Times, Ralston Reports, Talking Points Memo, @mollyesque, @davidfolkenflik, Talking Points Memo, Mediaite, @petersterne, The Wrap, @holdemradiodan, @ralstonreports, @kelseymsutton and @jayrosen_nyu

Wall Street Journal:

Sources: Comcast in talks to buy DreamWorks Animation for $3B+, would likely merge DreamWorks with Universal Pictures — Comcast in Talks to Buy DreamWorks for More Than $3 Billion — Deal would join DreamWorks with Comcast's Universal Pictures — Comcast Corp. is in talks …

Peter Sterne / Politico:

Esquire removes satirical article by “Prof. Jeff Jarvis” after request from real Jeff Jarvis — Esquire removes satirical article after criticism — Late on Tuesday night, Esquire.com removed a satirical article written by Rurik Bradbury that it had published online earlier in the day.

Benjamin Mayo / 9to5Mac:

Apple Music now has 13 million paying subscribers, up from 11 million in February — Alongside its announcement of Apple's quarterly earnings, its first revenue decline since 2003, Apple has also announced latest numbers for Apple Music, its $9.99 per month streaming music service.

Discussion: Apple, The Verge, Complex, TechCrunch, MacRumors, TechCrunch, AppleInsider and Business Insider

Ingrid Lunden / TechCrunch:

Twitter reports mixed Q1 with $595M in revenue, up 36% YoY but less than $608M expected, 310M MAUs, up 3% YoY; stock drops 13%+ after hours — Twitter's woes continue on Q1 sales of $595M, a sluggish 310M MAUs and weak guidance — Twitter reported its Q1 earnings today, and they're not great.

Discussion: Re/code, Adweek, Variety, Re/code, SiliconANGLE, Twitter, The Verge, Strategy Consulting, Fortune, Fortune, VentureBeat, ZDNet, AdExchanger, 9to5Mac, Reuters, @recode, @kurtwagner8, @pkafka, Broadcasting & Cable, CNBC and USA Today

Sydney Ember / New York Times:

New York Times plans to close Paris editing and press operations, eliminating or relocating up to 70 jobs — New York Times Co. Plans to Close Editing and Press Operations in Paris — The New York Times Company said on Tuesday that it was planning to close its editing …

Mike Farrell / Multichannel News:

AT&T Loses 54K Video Customers in Q1 — 328K DirecTV additions can't offset U-Verse TV declines — AT&T lost a total of 54,000 video subscribers in the first quarter, as increases at its DirecTV satellite TV service couldn't overcome continued declines at its U-Verse TV offering.

Discussion: Home Media Magazine, @thebauminator, ZDNet, Wall Street Journal, Variety, Re/code, Deadline and DSLreports

Gerry Smith / Bloomberg:

Turner Broadcasting to launch ad-free subscription streaming video service, FilmStruck, aimed at film nerds this fall; price still being determined — Time Warner's Turner Appeals to Film Nerds With Web-Only Service — Ad-free FilmStruck will be managed by Turner Classic Movies

Discussion: /Film, Wall Street Journal, New York Times, Pocket-lint, Home Media Magazine, Tubefilter, @ericdsnider, Fortune, Ad Age, TechCrunch, Variety, CNNMoney, The Wrap, Re/code, Broadcasting & Cable and Engadget

Sydney Ember / New York Times:

Pamela Wasserstein takes over as CEO at New York Media as it grows its digital properties and launches Select All, a new tech and culture site led by Max Read — An Heir Who's Ready to Take the Reins at New York Magazine — Adam Moss, the editor in chief of New York magazine …

Discussion: Folio, WWD, Variety, @jeremymbarr, @kevinroose, @taylorlorenz, @mathewi, @nymagpr, @melbournecoal and FishbowlNY

Mike Shields / Wall Street Journal:

YouTube capturing only a sliver of TV ad spending, with higher CPMs and content quality among the major concerns for advertisers — YouTube's Quest for TV Advertising Dollars — While the Google platform has had the most success siphoning off some TV ad spending, its challenges offer a cautionary tale for Facebook, Twitter

Ivana Kottasova / CNNMoney:

DisneyLife goes offline in China after just 5 months — Just five months after its launch, a streaming video service offered by Alibaba and Disney has gone offline in China. — A spokesperson for Alibaba said the service was “undergoing maintenance” and that customers were being refunded.

Discussion: Wall Street Journal, Deadline and Fortune

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More News:

Alexandra Alter / New York Times:
Barnes & Noble's Longtime Leader, Leonard Riggio, Is Stepping Down

Discussion: Wall Street Journal

Olivier Laurent / TIME:
Getty Images files EU antitrust complaint against Google for scraping pics from websites, displaying and allowing downloads of hi-res images

Discussion: Financial Times, The Verge, @tigerbeat, @dannysullivan, @dannysullivan and Financial Times

Lucia Moses / Digiday:
About.com starts unbundling its portal into verticals, starting with health site Verywell

Discussion: Forbes, @digiday, TechCrunch and Re/code

Alex Weprin / Politico:
Source: Conservative news site The Blaze, owned by Glenn Beck, loses co-founder and Editor-in-Chief Scott

Discussion: The Daily Caller

Stanford:
Times-Picayune managing editor for print, Adriana Garcia, amongst 2016-17 JSK fellows

Cynthia Littleton / Variety:
ABC says that Michael Strahan will depart ‘Live’ on May 13, much sooner than planned

Discussion: Broadcasting & Cable, Broadcasting & Cable, Vanity Fair and Hollywood Reporter

Jasper Jackson / Guardian:
The New Yorker tweeted a photo of people crushed against a fence at Hillsborough, sparking fury online, as inquest into tragedy announces its verdict

Discussion: @themurdochtimes

Earlier Picks:

Todd Spangler / Variety:
Netflix's Making a Murderer creators and The Onion among winners at the 20th annual Webby Awards

Discussion: The Wrap, Ad Age, WWD and Fortune

Chris O'Shea / FishbowlNY:
Eric Bates Named Editor of New Republic

Discussion: Washington Post, bookforum.com and @dylanbyers

Nieman Foundation News:
Nieman Foundation for Journalism at Harvard announces the 79th class of Nieman Fellows

Discussion: @joewsj, @amlwhere, @juliemaklat, @filloux, @laura_nelson, @dataeditor, @russcontreras, @dhinkel, @hamishnews, @jaweedkaleem, @fonsecaap, @carloslozadawp, @mtdukes, @jassima, @niemanfdn, @niemanfdn and @niemanfdn

Joshua Topolsky:
Next age of media must include compelling stories for specific audiences, not just quantity aimed at digital scale

Alex Spence / Politico:
Alan Rusbridger appointed chair of Oxford University's Reuters Institute for Study of Journalism

Discussion: Reuters Institute …

Bryan Bishop / The Verge:
Disney announces it will use Nokia's Ozo camera to create VR content for its theatrical releases

From Techmeme:

Wall Street Journal:
Sources: China's muted response to TikTok bill reflects the view that TikTok is of less strategic value than Huawei; China prefers TikTok US closure to sale

Emanuel Maiberg / 404 Media:
Apple removes three AI image generation apps from the App Store after a 404 Media probe found the apps advertised being able to create nonconsensual nude images

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure

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