Top News:
Peter Kafka / Recode:
The owner of the Daily Mail has written down all of its investment in Elite Daily, citing poor performance, and is taking a $31M loss — It's taking a $31 million loss. — Elite Daily used to look like a digital publishing success story: Founded by a couple of twentysomethings in 2012 …
Discussion:
@pkafka, The Guardian, The Wrap, @mathewi, @alexckaufman, @eringriffith, @derektmead, @dabeard, @mekosoff, @kantrowitz, @tomgara, @jimwaterson and @anthony
Alexandra Steigrad / WWD:
Condé Nast's Self magazine is going all digital; its February issue will be its last regular print production and roughly 20 to 30 jobs will be cut — Condé Nast is said to make bigger restructuring moves around the new year. — Condé Nast is closing Self magazine in print, WWD has learned.
Ricardo Bilton / Nieman Lab:
Reuters unveils Reuters News Tracer, its custom tool to monitor Twitter for breaking news and assign scores for veracity to tweets — “The world has a lot more witnesses now, and we can't be at everything. Our tool helps shift some of the burden of witnessing and lets journalists do much more of the high value-added work."
Discussion:
Columbia Journalism Review, @cjr, The Verge, (Re)Structuring Journalism, @anthony and Talking Biz News
Roy Greenslade / The Guardian:
The Financial Times says it earns more revenue from digital than print; three quarters of its 843K subscribers are digital-only — Business paper claims a first by earning more revenues from digital than print — The Financial Times has passed another significant milestone by securing more revenues from digital than print.
Discussion:
@colette_sexton, @darcyday and @johngapper
YouTube Blog:
YouTube announces support for 4K live streams of 360-degree and standard videos; first 4K stream will be Game Awards on December 1 — Back in 2010, we enabled 4K video support for the very first time. Since then, millions of videos have been uploaded at that eye-popping resolution …
Discussion:
YouTube, Multichannel News, MacRumors, Fast Company, The Verge, CNET, VentureBeat, The Next Web, TechCrunch, Variety, Android Police, BetaNews and Engadget
Jason Del Rey / Recode:
Jim VandeHei says his yet-to-launch media startup Axios may charge $10K+ for some subscriptions eventually, but will launch ad-supported and free to readers — Advertising to start, then big-money subscriptions. — We still don't know a lot about Axios, the yet-to-launch media startup founded …
Jane Martinson / The Guardian:
Index on Censorship verifies 406 reports of violence and threats against journalists throughout EU and neighboring countries in three months ending in September — Study finds growing hostility toward media around the world has lead to rise in assaults on individuals as well as press freedom
Charly Wilder / New York Times:
Charlie Hebdo launches in Germany, in response to significant German interest in the paper after the attack on its Paris headquarters nearly two years ago — BERLIN — The first German edition of the French satirical newspaper Charlie Hebdo arrived on newsstands Thursday …
Discussion:
@charlywilder and @nytimes
Mia Shanley / Reuters:
Spotify could start to become profitable as early as next year, says board member and early investor Par-Jorgen Parson — Music streaming service Spotify, one of Europe's most valuable tech start-ups, could start to become profitable as early as next year, said a board member who was also one of the company's first investors.
Discussion:
hypebot, AppleInsider, @jussirosendahl, @lucas_shaw and @jamesliamcook
Dylan Byers / CNNMoney:
Breitbart launches a boycott against Kellogg's after the cereal company pulls its ads from the site — Breitbart News is going to war with Kellogg's after the cereal maker decided to pull its advertisements from the far-right news site in protest of its political views.
Discussion:
Mother Jones, Digiday, Los Angeles Times, Fortune, Fox News Insider, Vanity Fair, USA Today, Breitbart, @jackshafer, Washington Post, Newser, Mashable, @libyaliberty, @simonowens, @cernovich, The Wrap, Business Insider, Mediaite, Adweek, Salon, The Daily Dot, Digiday, Eater, The Guardian and Adweek
Benjamin Mullin / Poynter:
Politico's national editor, Kristin Roberts, is leaving and says she plans to focus on work that “reminds me that journalism is a public service” — Kristin Roberts, Politico's national editor, is leaving for an as-yet unannounced job in journalism, she told Poynter Wednesday.
Discussion:
@jayrosen_nyu, @erikwemple, @jackshafer, @mr_berman, @benmullin and Politico
Reporters Without Borders:
Bahrain sentences Faisal Hayyat, a journalist who hosts a YouTube channel, to three months in jail for a tweet deemed to insult a religious symbol and group — Reporters Without Borders (RSF) denounces the conviction of Bahraini journalist and blogger Faisal Hayyat for allegedly insulting religion in a tweet.
Discussion:
The Guardian, The Express Tribune and AhlulBayt News Agency
Bryan Menegus / Gizmodo:
Some high-ranking Reddit moderators say they're losing hope in the site's future as users from the pro-Trump subreddit harass others, inflate vote counts, more — For the past 11 years, an eternity in internet time, Reddit has touted itself—repeatedly, and loudly—as the place to have “authentic conversations” online.
Discussion:
Business Insider, @jayrosen_nyu, @jayrosen_nyu, @kevinroose, @thejasonnash, @waxy, Peter O'Kelly's Reality Check, @joshconstine and Mashable
RELATED:
Josh Constine / TechCrunch:
Reddit CEO Steve Huffman apologizes for editing user comments and says the company is working to combat abuse by taking action against “toxic users”
Discussion:
Washington Post, Mediaite, Fortune, @fmanjoo, Engadget, CNNMoney, CNET, The Daily Caller, Gizmodo, Mashable, The Verge, Ars Technica UK, Fast Company, Vocativ, @saramorrison, @omnidestiny, @gaohmee, @joshconstine, @kevin2kelly and @nellucnhoj
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