Top News:
Mark Zuckerberg:
Facebook to add 3,000 people to its community operations team to review reports of inappropriate content, after several videos of violent killings went viral — Over the last few weeks, we've seen people hurting themselves and others on Facebook -\-\ either live or in video posted later.
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The New York Times Company:
The New York Times adds 308K digital news subscriptions in Q1, with overall revenue up 5% and digital ad revenue up 19% YoY; operating profit rises to $29M — The New York Times Company announced today first-quarter 2017 diluted earnings per share from continuing operations of $.08 compared …
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Adweek, CNNMoney, Recode, @jimgeraghty, Reuters, @owillis, @sopandeb, @dkthomp, @nytimescomm, @christophclarey, @ishapiro, @charlie_savage, @lpolgreen, @mathewi, @peterbakernyt and @gerryfsmith
RELATED:
Brian Flood / The Wrap:
The New York Times print ad sales dropped 17.9% YoY in Q1 — The New York Times announced on Monday that print advertising revenue decreased 17.9 percent while digital advertising revenue increased 18.9 percent during the first quarter of 2017. — The company reported earnings per share of 11 cents, up a penny from 2016's Q1 take.
Discussion:
Nieman Lab, TechCrunch and Media Wire Daily
Joseph Lichterman / Nieman Lab:
Philadelphia's Lenfest Institute for Journalism has raised $26.5M from foundations and individuals, with founder Gerry Lenfest pledging $40M in matching funds — The institute, which owns the two Philadelphia dailies, also plans to introduce a fellowship program and award grants to help sustain local journalism.
Discussion:
@ylichterman, @evanasmith, Poynter and Columbia Journalism Review
Todd Spangler / Variety:
Hulu launches its live TV service, Hulu With Live TV, in beta; priced at $40 a month, ABC, CBS, Fox News, ESPN, and CNN are available on it — Streaming-video provider inks Scripps Networks deal for live, VOD — Hulu has officially unleashed its horse in the crowded virtual pay-TV race.
Discussion:
Hulu, /Film, Home Media Magazine, Ad Age, Broadcasting & Cable, Forbes, TechCrunch, The Wrap, Radio & Television …, The Wrap, Recode and Fortune, more at Techmeme »
Joe Flint / Wall Street Journal:
NFL strikes deal letting Verizon stream London Ravens-Jaguars game on AOL, go90, and Complex; source says price was $21M — The NFL has struck a deal with Verizon to stream one regular-season game in the coming season, in a bet that distributing the matchup free for consumers over the internet …
Discussion:
Deadline, Variety, ProFootballTalk, @jbflint and @pkafka
Greg Barbosa / 9to5Mac:
SoundCloud debuts The Upload, a Discover Weekly-style playlist that recommends new music, available now on iOS and Android — SoundCloud has unveiled a new feature today to help listeners discover even more new music. The Upload is SoundCloud's answer to the music discovery playlists …
Discussion:
SoundCloud, TechCrunch, Forbes and MacRumors, more at Techmeme »
Steven Perlberg / BuzzFeed:
Sources: ex-New York Observer EIC Elizabeth Spiers and politics and media researcher Peter Feld are trying to raise money to build a “Breitbart of the Left” — Elizabeth Spiers, the former Gawker and New York Observer editor is trying to fundraise for a new media company seeking to be the left's answer to Breitbart.
Discussion:
@espiers, @amandahess, @kagrox and @jordan327
Cynthia Littleton / Variety:
HBO will pull its shows from Amazon's streaming service in mid-2018, when its current agreement ends, as it focuses on growing HBO Now's subscriber base — HBO has made the strategic decision to pull its library shows off of Amazon's streaming service after the current licensing pact ends …
Discussion:
Engadget and GeekWire, more at Techmeme »
Sean Craig / Financial Post:
Torstar Corp. lost $24.4M and cut 110 jobs in Q1, on revenue of $156.7M, down 10% YoY; ad revenue down 19%, subs revenue down 9.5%, digital revenue down 4% — Torstar Corp. lost $24.4 million, or 30 cents per share, and cut 110 jobs in the first quarter of 2017, as the company's core …
Discussion:
Globe and Mail, Toronto Star, Torstar Corporation, Reuters and Editor & Publisher
BuzzFeed:
White supremacist Richard Spencer is working with two alt-right media outlets in Sweden to launch a Breitbart competitor, the AltRight Corporation — STOCKHOLM — The white nationalist Richard Spencer is partnering with two Swedish outfits to create a company they hope will become a media giant …
Discussion:
@megancarpentier, @melissagira, @buzzfeedben, @intelwire, @miriamelder, @tonyromm and @aynrandpaulryan
David Lieberman / Deadline:
Time Warner's Q1 earnings: net income up 17.3% YoY to $1.42B but Turner's TV network ad sales fell 2%, possibly due to an acceleration in cord cutting — Time Warner's Q1 financial report shows it beat most analyst estimates in all areas, except for one that may dominate discussion …
Discussion:
The Wrap, Variety, Fortune, StreetInsider.com and Hollywood Reporter