Top News:
Ev Williams / Medium:
Medium says it's laying off 50 employees, about a third of its staff, and closing its NY and DC offices, as it refocuses on a “less proven” means to pay writers — We've decided to make some major changes at Medium. — I'll start with the hard part: As of today …
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M.G. Siegler / Medium:
Medium strayed toward the easy but broken legacy publishing model, and is now refocusing on exploring the correct model for the future — As is often the case, there's quite a bit of nuance... Publishing, as we know it, is broken. More specifically, publishing on the internet is broken.
Discussion:
@zeynep, @davezatz, @shaunnalmurphy, @gadyepstein, @sarahwarn and @rossgrady
Politico:
At least five publishing partners say they had no advance notice Medium would stop selling its native ad unit “Promoted Stories” — On Wednesday, Medium co-founder Evan Williams announced in a blog post that the publishing platform would abandon its strategy to sell native advertising …
Discussion:
VentureBeat, @petersterne, @petersterne and Ad Age
New York Times:
Apple removed news apps made by The New York Times from its App Store in China, complying with what it vaguely described as a request from Chinese authorities — Apple, complying with what it said was a request from Chinese authorities, removed news apps created by The New York Times from its app store in China late last month.
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Gabriel Sherman / New York Magazine:
Sources: Kelly will be replaced by a pro-Trump conservative, and Rupert Murdoch may lobby Trump to place conditions on AT&T-Time Warner merger — Megyn Kelly's decision to jump from Fox News to NBC resolves one of the last unanswered questions of the Roger Ailes scandal: Would she stay or would she go when her contract ended?
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Sarah Ellison / Vanity Fair:
Source: Kelly left because NBC News offered her creative freedom; the network likely did not exceed Fox News' $20M offer — “Everyone else came to her with an idea of what they wanted,” a person close to Kelly says. “NBC really wanted to hear what she wanted to do, and then they delivered it.”
Jim Rutenberg / New York Times:
Megyn Kelly is leaving Fox News for a new role at NBC, where she will host a daytime news and debate program and anchor a Sunday night news show
Megyn Kelly is leaving Fox News for a new role at NBC, where she will host a daytime news and debate program and anchor a Sunday night news show
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Chance Miller / 9to5Google:
Vine app to shutter January 17, will be replaced with Vine Camera app; users can download their Vines before shutdown date — Back in October, Twitter announced that it was shutting down the popular 6-second video sharing service Vine. After outcry from users, however …
Discussion:
The Verge, AppleInsider and Engadget
Heather Caygle / Politico:
GOP approves new fines of up to $2.5K for Congress members who livestream or take photos from House floor; Dem. John Larson blasts the move as unconstitutional — Republicans barreled ahead with a plan to fine members who use their phones to broadcast future floor protests …
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Todd Spangler / Variety:
Comcast Buys Video-Metadata Startup Watchwith — Comcast has acquired Watchwith, a startup that has built a “deep metadata” video platform that tracks info down to the scene level. — Terms of the deal, which closed last month, were not disclosed. San Francisco-based Watchwith had raised …
Discussion:
Multichannel News, Light Reading and Press Association
Andrew Wallenstein / Variety:
Hulu's live TV service, expected in Q1 2017, will cost under $40 per month and will include CBS, Hulu's VOD offering, and cloud DVR — Hulu will offer its upcoming live TV service at a price under $40. — Hulu CEO Mike Hopkins announced the price point at Citi's 2017 Internet …
Benjamin Mullin / Poynter:
Twitter begins showing blue checks for verified users on main timeline as well as on individual profiles — Twitter just made it a little easier to determine which users have that little blue tick. — Beginning today, the social network is identifying verified users in additional places across its platform.
Nathan McAlone / Business Insider:
Gary Vaynerchuk buying women's lifestyle publisher PureWow, will integrate it with his digital marketing agency; source says PureWow's 2016 revenue was ~$20M — Serial entrepreneur Gary Vaynerchuk is buying PureWow, a women's lifestyle media company, in the latest sign of the convergence of publishers and digital advertisers.
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