Top News:
WGBH News:
In memo, Boston Globe editor Brian McGrory lays out plans for digital reinvention, asks how the paper can behave more like a startup, predicts layoffs — The Boston Globe has enlisted its newsroom's help in its ongoing reinvention, according to a memo from Editor Brian McGrory …
Discussion:
@universalhub, @kadzis, @abtran, @paulwiltshire, @dankennedy_nu, @poynter and @benmullin
Peter Sterne / Politico:
Tronc is splitting into two separate business units for reporting purposes, troncM for media and troncX for exchange — Former Tribune Publishing will be broken into troncX and troncM — Tronc, formerly Tribune Publishing, is splitting itself into two separate business units for reporting purposes …
Discussion:
@jtuohey21, @jamesliamcook, @mylesudland, @politico_media and @petersterne
RELATED:
Brian Flood / The Wrap:
Tronc, formerly called Tribune, reports Q2 revenue of $405M, down 1.8% YoY — Tronc, Inc., the company formerly known as Tribune, reported second-quarter revenues of $405 million on Wednesday, a 1.8 percent drop from the previous year — but it would have been an even steeper 5.9 percent drop …
Discussion:
FishbowlNY, Nieman Lab, tronc, inc., Poynter, @daviduberti, @petersterne, @daviduberti, Reuters and Politico
Tom Dotan / The Information:
Sources: Snapchat's making new type of ad where users scan barcodes or other images to unlock sponsored content in app; one source says a fall rollout expected — Snapchat is working on a new type of ad that would allow people to use their smartphone cameras to unlock special sponsored content in the app.
Discussion:
@taylorlorenz, @theinformation, @amir, @scottstanchak and Mashable
Jeffrey A. Trachtenberg / Wall Street Journal:
Sources: Time Inc. laying off around 110 people across the company — Move comes after significant restructuring by magazine publisher — Time Inc., which in recent weeks has undergone a major corporate reorganization and a retooling of its sales and marketing staff …
Discussion:
CNNMoney, @zzzzaaaacccchhh, Ad Age, FishbowlNY, Media Wire Daily, The Wrap, @rafat, Folio and @larakiara
Shan Wang / Nieman Lab:
Google is planning to make AMP links more prominent in its mobile search results, which could boost traffic to news sites — Still debating whether to make your #content AMP-compliant? Google is giving you by far your biggest nudge yet, and this one goes well beyond publishers.
Discussion:
Digiday, @richardgingras, @ftrain, @rosental, @dubois, @niemanlab, BetaNews, @niemanlab and The Tech Portal
Tamar Wilner / Columbia Journalism Review:
With key new hires, Texas Tribune continues to reach beyond political insiders — When talk turns to nonprofit journalism success stories, a few names tend to pop up—and the Texas Tribune is usually one. Launched in 2009, the Austin-based news outlet now boasts $6.5 million in annual revenue …
Discussion:
@mairalg, @laurencemiall, @evanasmith, @rosental, @amzam, @eramshaw and @jasonalcorn
New York Times:
Sources: internal investigators of sexual harassment allegations against Roger Ailes also examining whether other Fox News executives knew of improper behavior — Investigators looking into sexual harassment accusations against the former Fox News chairman Roger Ailes are also examining whether …
David Uberti / Columbia Journalism Review:
Jeff Zucker's defense of CNN's Corey Lewandowski is a textbook example of false balance and erodes the reputation of a “legitimate” news organization — In a rosy profile published Tuesday by Variety, “How Jeff Zucker Made CNN Great Again,” the network chief leveled …
Janko Roettgers / Variety:
Vevo Strikes Distribution Deal with Warner Music Group — Vevo is getting ready to fill a major gap in its catalog: The music video platform announced a licensing deal with Warner Music Tuesday, which will allow it to carry videos from Warner artists like Bruno Mars and Charli XCX.
Reuters:
21st Century Fox reports slightly better-than-expected Q4 results with net profit of $567M and revenue of $6.65B, up 7% YoY — Twenty-First Century Fox Inc (FOXA.O) reported a slightly better-than-expected quarterly profit, helped by higher ad revenue in its cable division.
Discussion:
The Wrap, Fortune, Politico, Broadcasting & Cable, Fortune, @leonlazaroff, @victoriacraig, @richbtig, 21cf.com and USA Today
Shan Wang / Nieman Lab:
The nonprofit Austin Monitor, a city-focused news site with close to 1,300 subscribers, extends its reach with event and content partnerships — Publisher Mike Kanin and editor-in-chief Elizabeth Pagano, the only two full-time employees at the hyperlocal Texas capital news site the Austin Monitor …
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