Mediagazer: Gannett beats Q4 expectations with revenue at $867M, up from $739M a year earlier, but print advertising revenue is still declining (Trey Williams/MarketWatch)

10:41 AM ET, February 9, 2017

Top News:

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

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Brett Molina / USA Today:

Twitter shares fall over 10% in pre-market trading on Q4 revenue miss, flat growth, and as its US ad revenue drops 5% — 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 …

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

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 …

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Jasper Jackson / The Guardian:

In an unusual move, Wikipedia editors vote to ban The Daily Mail as a source after finding it “generally unreliable” — Online encyclopaedia editors rule out publisher as a reference citing ‘reputation poor fact checking and sensationalism’ — Wikipedia editors have voted …

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

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 — The deal will help expand Condé Nast's audience-targeting capabilities across social platforms. — Condé Nast's New York office.

Discussion: Condé Nast

Dylan Byers / CNNMoney:
Sources: Condé Nast has been in talks to purchase The Hollywood Reporter and Billboard for a number of months though it is unclear whether a deal will happen

Discussion: @rafat, @cnnmoney and LA Observed

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, StreetInsider.com and NASDAQ.com

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: @ennisnyt, @braddjaffy, @bleacherreport and The Big Lead

Patricia Murphy / The Daily Beast:

WH Press Sec Sean Spicer made repeated, vague references to an Islamist terrorist attack in Atlanta that didn't happen, echoing Conway's Bowling Green statement — Kellyanne Conway's “Bowling Green massacre” isn't the only case of a White House aide pointing to a terror attack that didn't happen …

Joe Pompeo / Politico:

WSJ editor Gerard Baker to host town hall on Feb. 13 where he will address concerns about Trump coverage, amidst growing disquiet and anger in the newsroom — Amid growing newsroom discontent over his perceived resistance to critical coverage of Donald Trump, Wall Street Journal editor …

Discussion: The Wrap, @mhess4, The Huffington Post, @mlcalderone, The New York Times Company, Axios, @timothynoah1, @lheron, @jayrosen_nyu, Adweek and @greta

Lesley Goldberg / Hollywood Reporter:

Sources: Spike TV to be rebranded as Paramount Network as part of a Viacom turnaround plan — Kevin Kay is expected to remain at the top of the network, with the change coming as early as 2018. — There's a big change coming to Spike TV. — Viacom's male-focused cable network …

Discussion: @keachhagey, @keachhagey, Wall Street Journal, Hollywood Reporter and Fox Business

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 — Private Eye hit its biggest ever print circulation in the second half of 2016 - up 9 per cent year on year, according to ABC.

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

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