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3:35 PM ET, February 21, 2017

Mediagazer

 Top News: 
J.D. Durkin / Mediaite:
Milo Yiannopoulos announces he has resigned from Breitbart News effective immediately, citing a “poor choice of words”  —  After days of speculation, it is official: Milo Yiannopoulos is out at Breitbart, with news of his resignation reaching social media just minutes ago via Michael Grynbaum of The New York Times.
RELATED:
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.”
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.
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 …
Discussion: @timafranklin
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.
Brian Flood / The Wrap:
Fox News acquires ten-episode series, OBJECTified, hosted by TMZ founder Harvey Levin, to debut in the Fall of 2017  —  Fox News has acquired a ten-episode series order of “OBJECTified,” hosted by TMZ founder Harvey Levin, which will debut in the Fall of 2017.
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: Forbes and Broadcasting & Cable
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 …
Ramin Setoodeh / Variety:
Jimmy Kimmel Is Considering Retiring From Late-Night TV … For the last 14 years, Jimmy Kimmel has spent 70 hours a week toiling away on his ABC late-night talk show.  He rewrites his own monologues and extensively researches guests.  But when his contract expires in the fall of 2019 …
 
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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
 Earlier Picks: 
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
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
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”