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1:25 PM ET, February 21, 2017

Mediagazer

 Top News: 
Joe DePaolo / Mediaite:
Simon & Schuster canceling publication of Milo Yiannopoulos's book Dangerous “after careful consideration”  —  According to a report by Publishers Weekly, Simon & Schuster is canceling publication of Milo Yiannopoulos's book “Dangerous.”
RELATED:
Max Greenwood / The Hill:
Breitbart editor Milo Yiannopoulos disinvited from CPAC over pedophilia remarks  —  Far-right provocateur Milo Yiannopoulos will not be allowed to speak at the Conservative Political Action Conference.  —  The decision comes while Yiannopoulos is roiled in controversy over a video, in which he is appears to defend pedofilia.
Fox Business:
Sources: Breitbart could dismiss Milo Yiannopoulos, with executives weighing up how his comments could damage the site's ad revenue
Benjamin Mullin / Poynter:
A collection of tributes to Steve Buttry, from journalists including Dan Gillmor and Jim Brady  —  It was only fitting that Steve Buttry, 62, was the first to Twitter with news of his own death.  —  A journalist for more than four decades, Buttry was a tireless evangelist for digital transformation …
RELATED:
The Buttry Diary:
Journalist Steve Buttry dies of pancreatic cancer at age 62  —  Steve Buttry, a journalist for more than 45 years, died February 19 at age 62 of pancreatic cancer, his third major cancer.  —  A memorial service will be held in coming weeks in Minneapolis, Minnesota.
Verizon:
Verizon and Yahoo reduce price of acquisition deal by $350M, now valued at about $4.48B, and will evenly split cost of data breaches  —  Media contact(s) T. 908-559-6388 media@yahoo-inc.com … NEW YORK, NY and SUNNYVALE, CA - Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. …
Josh Constine / TechCrunch:
Facebook-owned WhatsApp launches Status, an encrypted Snapchat Stories clone  —  WhatsApp could put the brakes on Snapchat's international growth with today's launch of WhatsApp Status, a new tab for sharing decorated photos, videos and GIFs that disappear after 24 hours.
Lyz Lenz / Columbia Journalism Review:
New Texas Monthly editor-in-chief, Tim Taliaferro, plans to scale back on politics and longform and focus instead on lifestyle coverage which “sells” better  —  The skyline of Austin, Texas, where Texas Monthly is headquartered.  —  The new editor in chief of Texas Monthly plans …
Shannon Bond / Financial Times:
Time Inc. is considering selling services, like pet insurance, to its 30M subscribers, to offset losses from print advertising revenue  —  Pets are people too, at least to the readers of People magazine.  The celebrity weekly dedicates a section of its website and a Twitter feed to videos …
Discussion: Media Wire Daily
Todd Spangler / Variety:
MLB, Disney Tap Amazon's Michael Paull as CEO of BAMTech Streaming Venture  —  Michael Paull has been named chief executive officer of BAMTech, the video-streaming company owned by MLB Advanced Media, the Walt Disney Co. and the NHL.  —  Paull most recently was VP of digital at Amazon …
Discussion: Broadcasting & Cable
Om Malik:
New York Times digital advertising revenue has not grown enough to offset vanishing print ad revenue in past six years  —  Wired magazine recently published, Keeping Up with the Times, a story about the New York Times and its slow & painful transition to a digital first publication.
Discussion: @om, @palafo and @rossmartin1
 
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 More News: 
Rick Carew / Wall Street Journal:
Sources: Baidu raises more than $1.5B for live-streaming site iQiyi by selling convertible notes to investors
Hannah Karp / Wall Street Journal:
Pandora expected to launch its $10/month music service next month; Tim Westergren says country music listeners will likely become paying subscribers
David Remnick / New Yorker:
When President Trump called media outlets “the enemy of the American People”, he echoed strategy of autocrats including Chávez, Erdoğan, Sisi, and Mugabe
 Earlier Picks: 
Max Willens / Digiday:
Fusion Media moves into podcasting with conversational shows and an eight-part series called “Containers” hosted by Alexis Madrigal from a seaport in Oakland
Paul Farhi / Washington Post:
Silence from WH press office leaves journalists wondering if non-responses reflect mere indifference or strategy to discredit reporting flaws after publication
DN.SE:
Swedish cops say they were misrepresented in a film featured on Fox News, which led to Trump's Sweden remarks, and described the filmmaker as “a madman”