Mediagazer: Plan to shut down Vine suggests Twitter finally recognizes itself as a news service, focusing on live, current events (Charlie Warzel/BuzzFeed)

11:30 AM ET, October 28, 2016

Top News:

Vine:

Twitter says it is discontinuing the Vine mobile app “in the coming months” — Since 2013, millions of people have turned to Vine to laugh at loops and see creativity unfold. Today, we are sharing the news that in the coming months we'll be discontinuing the mobile app.

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Todd Spangler / Variety:

Vine stars mourn the closing of the app that helped launch their careers, though they've shifted focus to other platforms like YouTube and Instagram — Twitter is shutting down Vine, its six-second video app, and the unexpected move touched off a wave of anger, bemusement and sadness among the platform's biggest creators.

Discussion: The Atlantic, Bloomberg, Recode, The Wrap, TechCrunch, The Wrap, Adweek, Deadline, Fortune, Fortune, CNNMoney, Hollywood Reporter, Ad Age, @yayitsrob, Mashable, @joshconstine, The Drum, @mikeisaac, @markmac35, Mashable, @alexandraerin, NPR, VentureBeat, Forbes, Guardian and Engadget

Charlie Warzel / BuzzFeed:

Plan to shut down Vine suggests Twitter finally recognizes itself as a news service, focusing on live, current events — Welcome to the relevant, indispensable (but maybe kind of joyless) new Twitter. — On Thursday morning, Twitter announced it is closing down Vine …

Discussion: @cwarzel, Editor & Publisher, BuzzFeed, @cwarzel, @cwarzel, @greggweiss, @kerrymflynn, @greggweiss, @katelosse, @anthony, New York Times, Mashable, USA Today, The Next Web, NPR, Washington Post, New York Magazine, The Week, Business Insider and PAPERMAG

John Gapper / Financial Times:

NYT editor Dean Baquet says that US cable networks have blurred the line between entertainment and news this election season by pandering to partisan viewers — US cable news networks have played a “ridiculous” role in the presidential campaign by blurring the line between entertainment …

Discussion: Business Insider, Politico, @spiegelpeter, @kelseymsutton, @hadas_gold, @alexweprin, @ditzkoff, @adamhsays and @anthony

Bloomberg:

Sources: banks financing Gannett potential takeover of Tronc have backed out, putting merger in doubt — Banks financing Gannett's potential takeover of Tronc have backed out, according to people familiar with the matter, putting a merger of the newspaper companies in doubt, Bloomberg News reports.

Discussion: Bloomberg, Poynter, @felixsalmon, The Wrap, MarketWatch, Radio & Television …, Business Insider, @benmullin, Florida Politics, @lamonicabuzz, @cnbc, @breakingnews, @mgsiegler, @sherman4949, @businessinsider, @politico_media, Politico and @palewire

Laura Hazard Owen / Nieman Lab:

Texas Tribune rebrands its political site Texas Weekly as The Blast, a paid newsletter emailed to subscribers daily — Texas is shaping up as a surprisingly important state in the presidential election this year: Hillary Clinton is closing in on Donald Trump (the race in Texas is closer …

Discussion: @noahchestnut, @poynter, @lauraelizdavis, @eramshaw and @digiphile

Ben Collins / The Daily Beast:

Profile of Marco Chacon, founder of fake conservative news site RealTrueNews, an initially modest prank whose stories have managed to fool even Fox News — Marco Chacon had only spent about $20 on his conservative news website, RealTrueNews, when he heard his words in prime time on Fox News' The Kelly File.

Discussion: @oneunderscore__, @brianstelter, @jaketapper and Wall Street Journal

James Vincent / The Verge:

Apple announces TV app for Apple TV and iOS, coming in December, that will act as a hub for accessing shows, movies, live events from across different services — One app to rule them all — Apple may not be building its own TV, but it at least has its own TV guide. Sort of.

Discussion: TechnoBuffalo, Highsnobiety, @jake_k, Wired, The Wirecutter, Gizmodo, Fortune, The Verge, @shalini, @pkafka, Daring Fireball, @rossrubin, Consumerist and Recode

David Remnick / New Yorker:

The New Yorker has redesigned its Goings on About Town section for desktop and mobile, with grids of listings, a video series, an interactive events map, more — Goings On About Town has been part of The New Yorker since Harold Ross produced the first issue of the magazine, in February, 1925.

Discussion: @newyorker, @sairakh and FishbowlNY

Randall Stross / New York Times:

Larry Page or another civic-minded billionaire should buy Twitter, which serves as the highest-circulation short-form “newspaper” on earth — SAN JOSE, Calif. — Twitter is a communications marvel, with 317 million active users who instantaneously convey a collective reaction to news.

Discussion: @motokorich, @nytopinion, @patkiernan, @karaswisher, @systemaddict, @nicole, @matjazsircelj, Reuters, @mikecane, ZDNet, TechCrunch, Radio & Television …, Variety, Forbes, SocialTimes, Adweek, TechCrunch and The Drum

Christine Wang / CNBC:

Amazon reports Q3 2016 revenue of $32.71B, meeting expectations, but $0.52 EPS is below $0.78 expected; stock drops 5% after hours — Amazon posted third-quarter earnings per share of 52 cents on revenue of $32.71 billion on Thursday. — Analysts expected the online retail giant …

Discussion: New York Times, @fmanjoo, @richbtig, The Wrap, Bookseller News, TechCrunch, Publishers Weekly, The Wrap, Variety, Fortune, @hannahkuchler and Recode

Lauren Hirsch / Reuters:

Sources: Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to buy Playboy through Double Eagle Acquisition Corp, launched last year — Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to acquire magazine publishing company Playboy Enterprises Inc …

Discussion: Media Wire Daily and The Wrap

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