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 …
Discussion:
CNNMoney, @sdkstl, VentureBeat, Ad Age, The Wrap, @jbenton, @mikeisaac, Adweek, Media Wire Daily, @derektmead, Forbes, TechCrunch, New York Magazine, FishbowlNY, Reuters, @jbenton, Recode, The Digital Reader, @viss, @neilcharles_uk, @nikkiusher, @songadaymann, Mashable, Recode, @timjhanrahan, The Verge, Business Insider, @sdkstl, @janessalantz, Engadget, @mathewi, @bluechoochoo, @janefriedman, @kevinmarks, @sarahjeong, @jessicalessin, @b_fung, @readdanwrite, @eringriffith, @laurahazardowen, @erikwemple, @lizweil, @micahgodbolt, @ilparone, @alicusofficial, @katienotopoulos, @max_read and Fortune
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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, @shaunnalmurphy, @gadyepstein and @rossgrady
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?
Discussion:
The Wrap, Mediaite, Variety, Fortune, Vanity Fair, @jbenton, The Verge, TheBlaze, Politico, NPR, Media Matters for America, Business Insider, AOL, TVNewser and FishbowlDC
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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.”
Discussion:
Mediaite, Business Insider and AOL
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
Discussion:
TVNewser, Mediaite, Business Insider, Broadcasting & Cable, FishbowlDC, Politico, New York Times, AOL, Fortune, Vanity Fair, @monaeltahawy, Los Angeles Times, Fox News, TheBlaze, New York Magazine, @jimrutenberg, @ericboehlert, Forbes, Quartz, The Wrap, Talking Biz News, Politico, Awful Announcing, @blakehounshell, USA Today, 89.3 KPCC, @sulliview, Gothamist, @nataliemicale, Forbes, NBC News, Fox News Insider, Ad Age, The Daily Caller, @brianstelter, Radio and TV Talk, CNNMoney, Slate, @susking, The Week, TVLine, Mother Jones, NetNewsCheck Latest, Newser, @kimmasters, @ralstonreports, @madelineashby, @gabrielsherman, @richarddeitsch, @ndhapple, @daniecal, @jedediahbila, @shermradio, @jillianbowe, @resnikoff, @brianstelter, @lesterholtnbc, The Huffington Post, Media Matters for America and @erikwemple
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.
Discussion:
TechCrunch, @ktbenner, Mediaite, AppleInsider, The Hill, @scottthurm, Recode, Business Insider, Mashable, 9to5Mac, MacRumors, @ktbenner, @alexburnsnyt, @kavehwaddell, @amyfiscus, @bhaggs, @dangillmor, @mattyglesias and Fortune
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 …
Discussion:
New York Times, Los Angeles Times, Rolling Stone, NPR, Vanity Fair, Washington Post, The Week, KFOR-TV, Slate, The Verge, Mediaite, Common Dreams, TheBlaze, Business Insider, Techdirt, RT, New York Magazine, www.wnyc.org and Mother Jones
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.
Discussion:
Wall Street Journal, @kerrymflynn, @garyvee, Media Wire Daily, @delrey, Fortune, @vaynermedia, AgencySpy, The Drum and FishbowlNY
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 …
Kyle Pope / Columbia Journalism Review:
Interview and profile of Bill Grueskin and daughter Caroline, who covered the same beat, Standing Rock Sioux Reservation, 40 years apart — Nearly 40 years ago, a young journalist just out of Stanford traveled to the Standing Rock Sioux Reservation in North and South Dakota and started a newspaper.
Jessica Davies / Digiday:
Guardian CRO Hamish Nicklin, ex-Google staffer and a critic of programmatic ads, works to find a better ad model after Guardian's 2016 pre-tax loss of $87M — Back in the late noughties, Hamish Nicklin took up boxing. He was drawn to the sweet science as a fun way to keep fit …
Discussion:
@jonhelliwell, @addiply, @jessdaviesmk, @digiday and @liquidnewsroom
Bloomberg:
Analyst: SoundCloud Go, the service's premium tier, has fewer than 250K subscribers, as the company struggles to find a business model — After years of trading physical dollars for digital dimes, the music industry is finally seeing a payoff. Subscriptions to streaming music services jumped …
Discussion:
@business, @shiraovide and @satariano, Thanks:@lucas_shaw
Financial Times:
Financial Times acquires geographic information system tech company GIS Planning — 4 January 2017: The Financial Times announces the acquisition of GIS Planning, a San Francisco-based internet technology company providing organisations with data and intelligence on foreign direct investment …
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