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4:25 PM ET, April 13, 2017

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 Top News: 
New York Times:
Sources: Murdochs mull O'Reilly's future at Fox News as they await probe results; ousting him may cause financial loss, but keeping him may damage reputation  —  Bill O'Reilly left Fox News this week for a long-planned vacation to Italy and the Vatican, with his fate in the hands …
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Hadas Gold / Politico:
Bill O'Reilly has quietly cut his schedule to four days a week; a spin-off with rotating hosts called “Friday Factor” is planned but not announced, source says  —  Fox News plans a ‘Friday Factor’ spinoff with rotating hosts in his time slot.  —  Bill O'Reilly's future with Fox News …
Ted Johnson / Variety:
FCC spectrum auction ends, with 175 TV stations getting payouts of up to $304M each; 957 stations will get new channel assignments  —  The FCC has closed a first-of-its-kind auction of broadcast airwaves that will see a shakeup in channel lineups in many markets, with stations reaping a total …
Peter Sterne / Politico:
Source: Tribune Media scraps plans for new national news site Tribune.com ahead of April 25 rollout and lays off more than 18 employees  —  The company also scrapped plans to relaunch Television Without Pity  —  On April 25, Tribune Media planned to launch a new national news site …
Tamara Abraham / The Business of Fashion:
Saudi princess Deena Aljuhani Abdulaziz has been fired from her role as EIC of Vogue Arabia; it is understood that a new editor has already been appointed  —  The Saudi princess has confirmed that she was fired as editor-in-chief of Vogue Arabia after only two issues.
Ken Yeung / VentureBeat:
Instagram says Stories has 200M daily active users, passing 161M DAUs Snapchat reported in S1; update today brings selfie stickers, pinning stickers to videos  —  Instagram is seeing continued growth in the number of people using its Snapchat Stories-like feature.
Craig Silverman / BuzzFeed:
A new survey from BuzzFeed News and Ipsos Public Affairs found that 54% of American adults trust news they see on Facebook “only a little” or “not at all”  —  Facebook is an increasingly important source of news for American adults, but they can't seem to agree …
Ingrid Cobben / Nieman Lab:
French startup Brut, which creates video distributed on Facebook and other platforms, partners with public broadcaster France Télévisions and eyes US expansion  —  Brut — think a French version of NowThis — has had success reaching a younger demographic and is now partnering …
Discussion: @thenewschick
Stefan Nicola / Bloomberg:
Facebook is publishing full-page ads in Germany's biggest papers advising readers how to detect fake news, amid mounting government pressure to curb its spread  —  Angela Merkel pressuring social media company to do more  —  Facebook Inc. published full-page ads in Germany's biggest …
Discussion: @stephaniebodoni
Todd Spangler / Variety:
Mic hires Jonathan Carson, former Vevo and Nielsen exec, as president amid video push; he starts on April 17 after serving as an adviser for last nine months  —  Mic, the youth-skewing digital news and lifestyle media startup, has hired Jonathan Carson — former chief revenue officer of Vevo …
Kat Stoeffel / Hollywood Reporter:
A look at where the New York Observer stands amid rumors of a sale to American Media, as NYC power players weigh in on who should buy the paper  —  THR polled several of NYC's top power players for their thoughts.  —  Former employees of the New York Observer rang in 2017 by commencing a grim ritual …
Discussion: @harrysiegel, @harrysiegel and Adweek
 
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The New York Times Company:
Wall Street Journal deputy editorial page editor Bret Stephens, 2013 Pulitzer winner and frequent Trump critic, is leaving to become a New York Times columnist