Mediagazer: Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings as MAUs grew 2M from Q3 2016, reaching 319M (Lara O'Reilly/Business Insider)

3:25 PM ET, February 9, 2017

Top News:

Eliana Johnson / Politico:

Sources: at least two candidates have turned down WH communications director job, a position that has remained vacant since Jason Miller resigned in December — At least two candidates have turned down the job of White House communications director. — Controlling the message coming …

Lara O'Reilly / Business Insider:

Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings as MAUs grew 2M from Q3 2016, reaching 319M — Twitter missed analysts' expectations for its fourth-quarter revenue — reporting $717 million versus estimates of $740 million — as advertising spend lagged behind …

Discussion: Jack Dorsey, VentureBeat, Adweek, TechCrunch, PR Newswire, Reuters, TechCrunch, INSIDER, Bloomberg, GeekWire, Forbes, @mathewi, Vanity Fair, ZDNet, The Guardian, Mashable, Variety, Fortune, Recode, @bcappelbaum, @verge, Axios, @stevekovach, @businessinsider, @recode, @raju, Recode, VentureBeat and Peter O'Kelly's Reality Check

Brett Molina / USA Today:

Twitter shares fall over 10% on Q4 revenue miss, flat growth, and a 5% YoY drop in US ad revenue — So much for the “Trump bump.” — Twitter missed on revenue during the fourth quarter, according to results released Thursday, as the social media service struggles to sustain rapid growth among its monthly active user base.

Discussion: TechCrunch, Forbes, @techcrunch, BBC, @edmundlee, VentureBeat and @cnbc

Benjamin Mullin / Poynter:

Flush with donations, ProPublica is planning to add 15-25 journalists to its newsrooms in New York and Illinois as it reorients itself to cover Trump — Bleak about the future of journalism? Here are some encouraging statistics: — In 2015, ProPublica ended the year with $450,000 in small donations …

Discussion: @charlesornstein and @laur_katz

Laura Hazard Owen / Nieman Lab:

Pew study: US adult news consumers can only recall the source of a news link 56% of the time, and 10% name Facebook as a news source — “The online news experience is a mix of deliberateness and serendipity,” a new report from Pew finds, noting that no one particular path to finding online news is dominant among users.

Discussion: Adweek, USA Today, Pew Research Center, Columbia Journalism Review, Broadcasting & Cable, @pewresearch, @pewresearch, @hl_bowen, @niemanlab and @ylichterman

Richard Sandomir / New York Times:

Bob Costas ends his 24-year run as NBC's prime-time Olympics host, reducing his overall workload at the network as he takes on a role similar to Tom Brokaw's — When NBC televises next year's Winter Olympics from Pyeongchang, South Korea, a familiar face will be gone from the prime-time anchor seat …

Discussion: TVWeek.com, Washington Post, @nbcolympics, @braddjaffy, @sinow, @ennisnyt, @businessinsider, @bleacherreport, @ap_sports and The Big Lead

Cynthia Littleton / Variety:

Viacom beats estimates with Q1 net earnings of $396M, with Paramount posting $180M operating loss; CEO Bob Bakish announces Paramount turnaround plan — The new regime at Viacom unveiled a turnaround plan for Paramount Pictures and its cable network group as the conglom surprised Wall Street Thursday …

Discussion: Forbes, Variety, Deadline, Broadcasting & Cable, Hollywood Reporter, Viacom, Los Angeles Times and Broadcasting & Cable

Ben Popper / The Verge:

Sources: Google combines product teams for YouTube Music and Google Play Music, likely paving way for a single music app in the future — Come together, right now, over me — According to several sources familiar with the change, the product teams working on YouTube Music and Google Play Music are being combined into a single unit.

Discussion: RAIN News, Music Industry Blog, hypebot, Gear, The Tech Portal, 9to5Google, Tubefilter, AndroidHeadlines.com and Variety

Andrew Liptak / The Verge:

Facebook hires MTV executive Mina Lefevre as head of development, overseeing scripted and unscripted content — Mina Lefevre had been the head of scripted for MTV — Facebook has been working to make video a central part of how its users experience the site, first with Facebook Live …

Discussion: Forbes, Tubefilter, Deadline, Business Insider, Adweek, @andrewliptak, Mashable and Fast Company

Adam Klasfeld / Courthouse News Service:

NFL writer Bart Hubbuch sues Murdoch's New York Post, claiming wrongful termination for his tweet critical of Trump on inauguration day — MANHATTAN (CN) — Mocking his raunchy tabloid's desire for a “safe space,” a sports writer wants damages after the New York Post fired him for a tweet …

Discussion: ProFootballTalk, Adweek, Kansas City Star, The Hill, Bleacher Report, Awful Announcing and The Big Lead

West Virginia Public Broadcasting:

WV Gov. Jim Justice proposes elimination of all state funding for WV Public Broadcasting in new budget, which would translate into staff layoffs of up to 75% — In his proposed budget, Governor Justice proposes the elimination of all state funding for West Virginia Public Broadcasting.

Discussion: Current, @farrahfazal and wvpublic.org

Trey Williams / MarketWatch:

Gannett beats Q4 expectations with revenue at $867M, up from $739M a year earlier, but print advertising revenue is still declining — Gannett Co. Inc. GCI, +8.51% shares rose nearly 9% in premarket trade on Thursday after the USA Today owner reported fourth-quarter earnings that were better than Wall Street had forecast.

Discussion: Seeking Alpha, NASDAQ.com and StreetInsider.com

Archived Page Info:

This is a snapshot of Mediagazer at 3:25 PM ET, February 9, 2017.

View the current page or another snapshot:

Who's Hiring in Media?

Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

Copy Editor, Remote US — ProPublica

Markets Reporter, NY/CA — Sherwood Media

Staff Writer, MI — Watershed Voice

Food Reporter, CA — SF Standard

Staff Writer, NV — Las Vegas Weekly

Pharma Editor, Remote — Endpoints

Higher Ed. Reporter, Remote CA — EdSource

Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Senior Narrative Editor, CA — Cloud Chamber

Editor-in-Chief, NY (flexible) — The 74

Housing Reporter, OK — The Frontier

Writer/AI Content Reviewer, CA — Outlier

Writer/Editor, Remote — Mediaite

Multi Media Reporter, NC — Cardinal & Pine

Afternoon/Night Editor, NH — Keene Sentinel

Education Lab Editor, WA — Seattle Times

Senior Editor, Remote US — PCWorld

State Worker Reporter, CA — Sacramento Bee

Executive Editor, NM — Searchlight

News Assistant, NY — Quanta Magazine

Local Editor, NJ (Remote) — Patch

News Writer, CA — Hollywood Reporter

News Editor/Reporter, KS — Blade-Empire

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Erik Wemple / Washington Post:
Fox News cements its standing as Trump TV as Kellyanne Conway plugs Ivanka Trump's products without any opposition from Fox & Friends anchors

Discussion: Mediaite, The Wrap, New York Times, @sopandeb, @erikwemple and @erikwemple

Jane Martinson / The Guardian:
Sources: Rupert Murdoch was in the room for Trump's Times of London interview with Michael Gove, a sign of his close ties with the president and his family

Discussion: Financial Times, Press Gazette, Mirror.co.uk, @robertshrimsley, @jgrovum, @henrymance, @tomgara, @mattgarrahan, @johngapper, @muradahmed and @mlcalderone

Dominic Ponsford / Press Gazette:
UK mag Private Eye hit highest circulation in 55-year history in second half of 2016, up 9% YoY; its Christmas issue also had biggest sales ever at 287K copies

Discussion: @pressgazette, @claridgealex, @markismith50, @journalism, @malonebarry and @pressgazette

Alexandra Steigrad / WWD:
Condé Nast buys social data and marketing platform CitizenNet to broaden its audience-targeting capabilities beyond its own properties to social platforms

Discussion: Condé Nast and CNNMoney

Earlier Picks:

Dave McNary / Variety:
Lionsgate posts Q3 loss of $31M with revenue of $752M, up 12% year over year, after accounting for Starz merger and restructuring

Discussion: The Wrap, The Wrap, Hollywood Reporter and Deadline

Jasper Jackson / The Guardian:
In an unusual move, Wikipedia editors vote to ban The Daily Mail as a source after finding it “generally unreliable”

Discussion: Newser, @robaeprice, Engadget, @roureynolds, Code Words, Adweek, Mashable, @chris_coltrane, @edyong209 and Mediaite

Gerry Smith / Bloomberg:
The New York Times partners with Spotify, giving readers who buy one-year digital subscriptions unlimited access to the music service's premium tier

Discussion: New York Times, Business Wire, Reynolds Center and Nieman Lab

From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

Raffaele Huang / Wall Street Journal:
Apple removes WhatsApp and Threads from its App Store in China, saying it was ordered to do so by China's cyberspace officials citing national security concerns

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page