Top News:
Paul Barbagallo / Bloomberg:
Gannett drops its $683M bid for rival Tronc; source says deal collapsed after bankers pulled out — Handshake agreement said to collapse with lack of financing — Few other publicly traded newspaper companies available — Gannett Co. dropped its bid for rival Tronc Inc. …
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Brian Flood / The Wrap:
Tronc misses with Q3 revenue of $378M, down from $406M in Q3 2015; CEO Justin Dearborn says it's “unfortunate” Gannett's lenders withdrew from deal — Tronc unveiled its third-quarter 2016 earnings on Tuesday with revenues of $378 million, down 6.9 percent compared to $406 million in the third quarter of 2015.
Discussion:
tronc, inc. and Bloomberg
Michael Calderone / The Huffington Post:
Source: CNN Chief Jeff Zucker blasts Donna Brazile in Tuesday editorial call, describing her interactions with Clinton campaign as “unethical” and “disgusting” — Network boss has “no tolerance” for tipping off a campaign with debate questions.
Discussion:
Politico, Washington Post, FishbowlDC, The Wrap, Mediaite, Hot Air, New York Magazine, The Daily Caller, New Urban Legends, iMediaEthics and TVNewser
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Hadas Gold / Politico:
Donna Brazile resigns from CNN, after leaked emails show she shared questions with Clinton campaign before a debate and town hall during Democratic primary
Discussion:
New York Times, Washington Post, Mediaite, Washington Post, Fusion, New Urban Legends, Gothamist, New York Magazine, The Federalist, Le·gal In·sur·rec· tion, @richardgrenell, Guardian, The Huffington Post, TheBlaze.com, Mashable, The Daily Caller, Fortune, The New York Observer, FOX31 Denver, The Wrap, The Week, Miami New Times and @hunterswogg
Natasha Lomas / TechCrunch:
ProPublica adopts Politwoops and four other Sunlight Labs projects using open government data; several other Sunlight projects are headed to other organizations — Politwoops, the service that preserves politicians' deleted tweets for posterity and to hold them to account, has a new parent …
Discussion:
ProPublica, Sunlight Foundation Blog and Politico
Stefan Nicola / Bloomberg:
YouTube strikes deal with German royalty-collection group Gema, ending seven years of legal battles and unblocking thousands of music videos in the country — @StefanNicolaBBG More stories by Stefan Nicola — Video service to pay licensing fees for clips shown in Germany
Discussion:
YouTube Blog, PR Newswire, The Independent, DW.COM, Billboard, Yahoo, TorrentFreak, VentureBeat and Music Ally
Ken Yeung / VentureBeat:
Pinterest makes Instapaper's premium features free, previously $3/month; features include full text search on all articles, speed reading, text-to-speech, more — Nearly three months after being acquired by Pinterest, Instapaper is making some changes that will impact its users.
Discussion:
Instapaper, TechCrunch, AppAdvice.com Latest and SocialTimes
Todd Spangler / Variety:
Hulu signs deals with Disney and 21st Century Fox for its new streaming service, which is set to debut early 2017, adding more than 35 networks including ESPN — Hulu officially announced new deals with two of its parents — 21st Century Fox and the Walt Disney Company …
Discussion:
Forbes, TechCrunch, The Wrap and Recode
Todd Spangler / Variety:
Discovery Communications and MLB's BAMTech form streaming video technology provider, BAMTech Europe, to cater to the continent's broadcasters and OTT providers — Discovery Communications has linked arms with Major League Baseball's BAMTech in a pact under which they are forming BAMTech Europe …
Discussion:
TechCrunch
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Lauren Johnson / Adweek:
BuzzFeed CEO Jonah Peretti says Tasty reaches more people than BuzzFeed site alone, claims BuzzFeed would be much bigger if comScore tracked its mobile stats — Ten years ago, BuzzFeed pioneered viral news and branded content with popular listicles and quizzes.
Joe Pompeo / Politico:
Morale is low at WSJ as next week's Q1 earnings are expected to show plummeting ad revenues, management memos talk of “restructuring”, and staff fear more cuts — Big cuts and big change loom for a paper that seemed, not long ago, almost immune
Discussion:
@ericboehlert, @stevekovach, @mathewi, @joepompeo, @mathewi and @moorehn
Jessica Toonkel / Reuters:
Thomson Reuters plans to cut 2K jobs, or 4% of workforce but none from newsrooms, as it beats targets with Q3 net income of $286M, down from $293M in Q3 2015 — Thomson Reuters Corp (TRI.N) (TRI.TO) third-quarter earnings beat analyst expectations on Tuesday and the company said it would cut jobs worldwide …
Discussion:
Guardian, @rafat, Wall Street Journal, Bloomberg, Fast Company, USA Today and Investor's Business Daily
Joseph Lichterman / Nieman Lab:
The AP is experimenting with machine learning to automate the process of converting print stories to broadcast format — The experiment is part of a larger effort by the news agency to incorporate automation into its journalism. — On average, when an AP sportswriter covers a game …
Discussion:
@johnny_hansel
Jack Marshall / Wall Street Journal:
Many publishers say an AMP pageview generates half the revenue as a pageview on their full mobile website due to reliance on standardized banner ad units — Some publishers aren't generating as much ad revenue as they had hoped — Google is stepping up its efforts to serve speedy content …
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