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12:25 PM ET, October 28, 2016

Mediagazer

 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.
RELATED:
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.
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 …
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 …
Chris O'Shea / FishbowlNY:
Vice launching gaming vertical Waypoint on October 31, edited by Austin Walker, promoted with a 72-hour gaming live-stream on Twitch that starts today 12PM ET  —  Vice Media is expanding its digital offerings with the launch of Waypoint, a vertical dedicated to gaming.  —  Waypoint will launch Monday, October 31.
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.
Sydney Ember / New York Times:
As print ad revenue decline accelerates, biggest newspaper companies in US brace for cost cuts, layoffs  —  The gloom began earlier this month, when Gerard Baker, the editor in chief of The Wall Street Journal, sent a memo to employees that said, in part, “every story should be as short as it needs to be.”
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.
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.
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.
 
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 More News: 
Dave McKenna / Deadspin:
Profile of Jennifer Frey, a fast-rising sports journalism star in the '90s who died at age 47 because of alcoholism
Wall Street Journal:
Male-focused UK media companies Unilad and the Lad Bible, two of the biggest players in online video, are planning US expansions for 2017
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
 Earlier Picks: 
Ricardo Bilton / Nieman Lab:
Women's interest site Bustle open sources Mobiledoc, a tool that helps publishers port content to other platforms like Apple News, AMP, Instant Articles
Discussion: @niemanlab
Jacob Kastrenakes / The Verge:
FCC approves privacy rules requiring ISPs get customer permission before sharing sensitive data like location, financial information, and browsing history