Mediagazer: Time Inc. hires Morgan Stanley and Bank of America to weigh takeover offers after overtures from investors including Edgar Bronfman Jr.; stock up 7%+ (Wall Street Journal)

7:35 PM ET, December 8, 2016

Top News:

Cynthia Littleton / Variety:

Trump will remain executive producer of Celebrity Apprentice, getting royalties through MGM, likely in the low five figures per episode — Donald Trump will remain an exec producer on NBC's “Celebrity Apprentice,” which is returning Jan. 2 after a two-year hiatus with new host Arnold Schwarzenegger.

Discussion: New York Times, Hollywood Reporter, Business Insider, Mediaite, The Huffington Post, Vanity Fair, Politico, @braddjaffy, The Verge, @alex, @sophiabush, @jamilsmith, @adamserwer, @jfagone, @poniewozik, Fortune, KXAN-TV, Media Law Prof Blog and AOL

Benjamin Mullin / Poynter:

Breaking News, NBC News' popular alert app, to shut down at the end of the year due to lack of revenue; all 20+ staff to remain on payroll until January 20 — Breaking News, the popular alert app from NBC News, is shutting down at the end of the year. — The entire staff at Breaking News …

Discussion: @corybe, TechCrunch, Nieman Lab, @corybe, @pbump, @corybe, @corybe, @corybe, The Wrap, @moneyries, @oliverdarcy, @brizzyc, @benmullin, Fast Company, @ethanklapper, @brianstelter, @journodave, GeekWire and TVNewser

Mark Sweney / The Guardian:

The Guardian is joining up with Vice as part of a content deal that will see Guardian journalists work at Vice's London offices and contribute to its HBO show — Deal will see Guardian journalists work at Vice's London offices and contribute to US TV network HBO

Discussion: Variety, Press Gazette, @aleximostrous, @charliebeckett, @roshanamn, FishbowlNY, @robferdman, @jtemperton, @jane__bradley, @guardiannews, @timmy, @christianobeno, @journalistfritz and Editor & Publisher

Hadas Gold / Politico:

Interview with Vice CEO Shane Smith, who says that Vice will decide on an IPO at a board meeting in January — Shane Smith, the bombastic founder and CEO of Vice, thinks the current political climate is “crazy” and that the level of dysfunction in Washington is at a whole new level never seen before in history.

Discussion: Poynter, @maura, @alexweprin, The Wrap, @thestalwart, @evanmcs, @alexweprin, @hadas_gold, @alexweprin and @danprimack

Maxwell Tani / Business Insider:

Fox News closes six-year-old Fox News Latino, its English-language site aimed at the Latino community in US and Latin America — Fox News is shuttering Fox News Latino, its six-year-old independent site dedicated to covering news for the Latino community in English.

Discussion: @bryanllenas, Mediaite, The Hill, @sophiatesfaye, @jcrsaltman, TheBlaze, Western Journalism and Cision

Wall Street Journal:

Time Inc. hires Morgan Stanley and Bank of America to weigh takeover offers after overtures from investors including Edgar Bronfman Jr.; stock up 7%+ — Move follows bid from group including Edgar Bronfman Jr — Time Inc. hired banks to help field takeover or partnership interest …

Discussion: Fortune, Politico, The Wrap, New York Post, Deadline, @cnbcnow, @delrey and FishbowlNY

Nicholas Fandos / New York Times:

Donations to nonprofit journalism groups up after election night with ProPublica receiving $750K, eclipsing total donations of $500K in 2015 — WASHINGTON — It did not take long after election night for the donations to start pouring in to America's nonprofit journalism organizations.

Discussion: @mlcalderone, Reynolds Center, @ralstonreports, @davidjoachim, @jayrosen_nyu and Peter O'Kelly's Reality Check

Jon Russell / TechCrunch:

Source: Spotify backs away from SoundCloud acquisition after months of talks to focus on IPO — The digital music marriage that many wanted to happen isn't happening after all. Spotify has given up on its latest effort to buy SoundCloud following months of talks between the two …

Discussion: Fast Company, The Next Web, The Verge, AppleInsider, MacRumors, Fortune and Business Insider

Steve McClellan / MediaPost:

WPP CEO Martin Sorell says the ad firm will spend $70M on Snapchat this year, versus $5.5B on Google, up from $4B a year ago, and $1.75B on Facebook — Facebook may have issues with measurement, but they don't appear to be hampering the social media giant's advertising growth.

Discussion: TVWeek.com

Ben Sisario / New York Times:

YouTube reaches settlement with National Music Publishers' Association over unpaid royalties; sources say deal is worth $40M+ — YouTube, the latest target of the music industry's battle over royalties and control, has taken steps this week to mend fences and show that it is a good partner.

Discussion: The Verge, RAIN News and hypebot

Adi Robertson / The Verge:

Google Daydream adds two video apps, NextVR and HBO, which will let subscribers watch TV on a virtual big screen; Netflix is listed as coming later this month — Google's Daydream virtual reality headset is getting a new slate of games and apps. Today, seven more titles are padding out the library …

Discussion: Multichannel News and VentureBeat

Frances Robles / New York Times:

In latest episode over proliferation of fake news, a Tampa woman who believes the Sandy Hook shooting was a hoax is charged with threatening a victim's parent — MIAMI — In the latest episode over the proliferation of fake news and the people who believe it, a Tampa woman who thinks …

Discussion: @ryanlcooper, @chrislhayes, @anthony, @tomphilpott, @francesrobles, @globerowland, CBS Miami, AOL and New York Magazine

Archived Page Info:

This is a snapshot of Mediagazer at 7:35 PM ET, December 8, 2016.

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Who's Hiring in Media?

Accounting Specialist Editor, Remote US — Reuters

Senior Correspondent - Wealth, NY — WSJ

Asia Credit Reporter, Seoul — Bloomberg

Senior Social Media Specialist, NC — espnW

Associate Editor - Aviation, TN — Firecrown

Assistant Editor - Digital, NC — SBJ

Video Producer - YouTube, NY — Morning Brew

Senior Managing Ed. - Daily Desk — The Athletic

Multimedia Journalist, CA — Paramount

Content Managing Editor — Freedom Forum

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Associate Editor, Remote — Tech Policy Press

Retail Reporter, MN — Star Tribune

Managing Ed. - Berks County, PA — Spotlight PA

News Editor - UK, Remote — The Verge

News Reporter, MA — Berkshire Eagle

Multimedia Journalist, PA — Observer-Reporter

Service Journalism Editor, CA — Sacramento Bee

Content Director, Remote — Campaigns & Elections

Los Angeles Issues Reporter, CA — CalMatters

Reporter - Middle East — Rest of World

Executive Editor, OR — Lookout Local

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

National Investigative Reporter, NY — HuffPost

Lexington County Reporter, SC — The State

Reporter - Offshore Wind — Canary Media

General Assignment Reporter, FL — County Record

Staff Reporter, CA — Daily Kos

Data Editor, NY — ProPublica

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More News:

Darrell Etherington / TechCrunch:
Secret co-founder David Byttow launches IO, an anonymous platform for longer-form “authentic publishing”

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Lisa Respers France / CNNMoney:
Analysis of 86M+ Netflix users' viewing habits in 190 countries shows 59% pause for about three days after binge watching a series before starting a new show

Discussion: Variety

Susannah Nesmith / Columbia Journalism Review:
How the nonprofit status of Independent Newsmedia Inc., allowed its 25 small newspapers to survive and grow, free from shareholder or hedge-fund pressure

Discussion: @meghanbkelly, @joesmyth99, @carlycarioli, @marilynch and @jwarminsky

Mark Scott / New York Times:
European Commission report: IT companies, including Facebook, Google, Twitter, and Microsoft only review 40% of material flagged as hate speech within 24 hours

Discussion: @nytimesbits and EU Press Room

Erik Wemple / Washington Post:
Fox News host Tucker Carlson has no right questioning NYT public editor about ethics after his baseless and tendentious reporting at The Daily Caller

Discussion: Mediaite, Media Matters for America, The Baffler, @owillis, @erikwemple and @mlcalderone

Ian Hislop / New Statesman:
George Orwell's words remind us that we've been here before, in a place of intolerance of dissent, or even disagreement, about objective truth

Discussion: @newstatesman, @leicesterliz and @newstatesman

Earlier Picks:

Jon Brodkin / Ars Technica:
AT&T CEO Randall Stephenson defends AT&T-Time Warner merger at Senate subcommittee hearing, saying deal won't hurt customers or competitors

Discussion: New York Times, The Verge, @reckless, Recode, @bocomendoca, Variety, Fortune, Consumerist, Motherboard and Broadcasting & Cable

Andrew Beaujon / Washingtonian:
The Washington Post adds editor's note to its article about Russian propaganda amid US election, saying it does not vouch for findings of PropOrNot group

Discussion: Current Affairs, Columbia Journalism Review, The Texas Tribune, Mediaite, The Daily Caller, The Wrap, naked capitalism, @cernovich, @mtracey, @bcheadle, @maxabrahms, @craigsilverman and @froomkin

Casey Newton / The Verge:
Facebook filed a patent last June for a system that partly uses machine learning to vet objectionable content; system could help remove fake news

Discussion: The Guardian, Medium, Slate, @amandamarcotte and Engadget

Cynthia Gordy / ProPublica:
ProPublica to launch ProPublica Illinois in 2017, will hire editor and about 10 journalists; funding by Ford Foundation kicks off state effort, which may expand

Discussion: Chicago Business, Poynter, @chrishagan, @davidwchen, @spsullivan and @loisbeckett

Philip Pullella / Reuters:
In rare interview, Pope Francis warns the press against being obsessed with scandal and says spreading disinformation is the greatest harm the media could do

Discussion: Western Journalism, The Huffington Post, New York Times, Newser, UPI, New York Magazine, Mashable and @ninjaeconomics

Nancy Gibbs / TIME:
TIME Magazine editor Nancy Gibbs on why Trump was chosen as Person of the Year, says he empowered a hidden electorate and framed tomorrow's political culture

Discussion: Forbes, Salon, The Week, The Daily Caller, Mediaite, TIME, Fortune, CBS Miami, Politico, Western Journalism, TheBlaze, The Guardian, AOL, East Bay Times, TIME Magazine, Hollywood Reporter and Hollywood Reporter

From Techmeme:

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Juli Clover / MacRumors:
iOS 18.2's second developer beta shows a “daily limit” for free access to “advanced” ChatGPT via Siri and an option to upgrade to ChatGPT Plus in Settings

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