Top News:
Todd Spangler / Variety:
Amazon Prime members doubled their consumption of music, books, and movies in 2016 as service expanded to 200 countries — Internet retailing giant Amazon touted strong results of its Prime membership program — saying user consumption of video, music and book content in 2016 more than doubled …
Discussion:
The Wrap, Broadcasting & Cable, The Wrap, Publishers Weekly and TechCrunch
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John Mannes / TechCrunch:
Amazon reports Q4 revenue of $43.7B, up 22% YoY, vs $44.68B expected, as net income rises 55% YoY to $749M; stock down 3%+ — Mixed faces in Seattle today as Amazon delivered its Q4 2016 earnings. The e-commerce company reported lower than expected revenue of $43.74 with better than expected earnings per share of $1.54.
Discussion:
Business Wire, Forbes, The Drum, The Tech Portal, Reuters, @jonerlichman, Business Insider and CNBC
Bob Fernandez / Philly.com:
Thousands of Comcast employees stop work in Philadelphia and other cities to protest Trump's immigration executive order — Thousands of Comcast employees in Philadelphia streamed out of the Comcast Center on Thursday afternoon to protest President Trump's recent executive order on Muslim immigrants and refugees from seven nations.
Discussion:
Billy Penn, Billy Penn, @bobbyallyn, @biancaamarilis, @deleteuracct, Mashable, @libcomorg, Engadget, Mother Jones, @ajs, Multichannel News, New Jersey Online, The Verge, GeekWire and Business Insider
National Post:
Sources allege former Vice Canada music editor Yaroslav Pastukhov tried to recruit journalists as cocaine couriers from Las Vegas to Australia — An editor allegedly used Vice Canada to recruit drug mules — TORONTO — An editor with Vice Media used the Canadian headquarters …
Discussion:
@steven_hyden, @jimwaterson, @jblock49 and @cjchivers
New York Times:
New Yorker and Vanity Fair pull out of WHCD parties on April 29, underscoring the awkward nature of throwing a splashy dinner for a media-hostile president — NEW YORK — The White House Correspondents Dinner has gone from a hoary ritual to the apex of Washington's social calendar …
Discussion:
@jeremyneely, @aaronzitner, @nycjim, @mekosoff, @hadas_gold, Wall Street Journal, Axios and @jeffjarvis
Paul Sawers / VentureBeat:
The New York Times is launching on Snapchat Discover with a daily weekday edition based on its Morning Briefing for users in the US and Canada — The New York Times is the latest media company to fully embrace Snapchat, the rising social media app owned by Snap.
Discussion:
Forbes, AdExchanger, New York Times, Digiday, Ad Age, Recode, @cliffordlevy, New York Times, TechCrunch, Adweek, @cliffordlevy, @taylorlorenz, @sammcooney, @venturebeat, @bluechoochoo and @cliffordlevy
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Joe Pompeo / Politico:
NYT CEO Mark Thompson takes a jab at Donald Trump, a vociferous Times critic, in an earnings call announcing the paper's post-election subscriber rush
NYT CEO Mark Thompson takes a jab at Donald Trump, a vociferous Times critic, in an earnings call announcing the paper's post-election subscriber rush
Discussion:
The Huffington Post, @andyoare, @kdoctor, @joepompeo, @hadas_gold and @politico
Sydney Ember / New York Times:
The New York Times now has 3M subscribers, adding 276K digital subscribers in Q4 of 2016; total advertising revenue in 2016 still fell by 9%
The New York Times now has 3M subscribers, adding 276K digital subscribers in Q4 of 2016; total advertising revenue in 2016 still fell by 9%
Discussion:
Fortune, Quartz, Media Wire Daily, Washington Post, Forbes, @pilhofer, @businessinsider, @poynter, Politico, @melbournecoal, @michaelmossc, @alexweprin, @myurow, @prashantrao, @samsifton, @dfriend, @markberman, @bydanielvictor and @mathewi
TechCrunch:
Sources: Spotify weighs plan to delay its IPO until 2018 in order to improve margins, renegotiate licensing deals, more — Feb 2, 2017, 10:40 amFeb 2, 2017, 11:19 am — Spotify — the music streaming company with over 100 million users (40 million of them paying) …
Discussion:
The Tech Portal, RAIN News and @joshconstine
Sam Machkovech / Ars Technica:
Over a dozen low-power FM radio stations were hacked through a known transmitter vulnerability to broadcast anti-Trump song by rappers YG and Nipsey Hussle — Vulnerability had been known for nearly a year, flared up shortly after inauguration. — A certain model of Low Power FM radio transmitter …
Jordan Novet / VentureBeat:
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss — Snap today filed its S-1 paperwork with the Securities and Exchange Commission (SEC), triggering the process to go public. The company aims to raise $3 billion …
Discussion:
Forbes, Forbes, Renaissance Capital, The Next Web, The Wrap, Bloomberg, MediaNama, eMarketer and Newsroom Posts, Recode, BuzzFeed, Wall Street Journal, TechCrunch, Boing Boing, Globe and Mail, NetNewsCheck Latest, Fast Company, Engadget, @alex, The Next Web, Axios, TechCrunch, 9to5Mac, Business Insider, Peter O'Kelly's Reality Check and BuzzFeed
David Bauder / AP News:
False news and an absurd reality present challenges for satirists such as Andy Borowitz — NEW YORK (AP) — Between reality and the bubble of fantasy news stories, these are tough times for satirists. — The New Yorker magazine recently took steps to distinguish Andy Borowitz's humor columns …
Discussion:
@candicechoi, @ludacristiano and @benjysarlin
Josh Constine / TechCrunch:
Snapchat filing shows DAU growth slowed at end of Q3, right after Instagram Stories launched, cites competitors that may mimic its products under risk factors — Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided with a massive drop …
Discussion:
The Guardian, Business Insider, AdExchanger, The Verge, Variety and Tech Wire Asia
Claudia Rosenbaum / BuzzFeed:
Judge dismisses Melania Trump's $150M defamation lawsuit against The Daily Mail, but lawsuit against Maryland blogger still scheduled for November — The first lady had sued the Daily Mail and a political blogger for claiming in stories she worked as a “high-end escort” and suffered from a “full-blown nervous breakdown.”
Discussion:
Washington Post, Politico and @jaketapper