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12:40 PM ET, February 9, 2017

Mediagazer

 Top News: 
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 …
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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.
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 …
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  —  It is unclear whether Media mogul sat through interview or just introduced new president to former minister and Times columnist
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 …
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.
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 …
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: Business Insider and Mina Lefevre
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
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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: wvpublic.org and @farrahfazal
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.
 
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 More News: 
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
Patrick O'Neill / Cyberscoop:
Hackers are trying to sell a database with 83K accounts allegedly from UPI, including names, email addresses, and encrypted passwords
 Earlier Picks: 
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
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