Top News:
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:
Columbia Journalism Review and Poynter
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, Broadcasting & Cable, Hollywood Reporter, Fortune and StreetInsider.com
Ben Strauss / Politico:
Critics say ESPN is losing viewers due to politics, but Poynter's Kelly McBride is deeply skeptical of the data supporting that conclusion — The sports network is hemorrhaging viewers and some critics say its liberal politics are to blame. — Last week, ESPN, often referred …
Discussion:
Deep Root Analytics, @richbtig, The Daily Caller, BuzzFeed and New York Times
RELATED:
Margaret Sullivan / Washington Post:
Rupert Murdoch's 56-word memo on Bill Shine shows a continued focus on ratings and profits, without cleaning house of those who enabled Ailes — If ever there were an internal memo that said it all, a remarkably brief one from Rupert Murdoch to Fox News staff on Monday is it.
Discussion:
Washington Post, @timobrien, @sulliview and @dangillmor
RELATED:
Benjamin Mullin / Poynter:
Amazon Prime Video signs first look deal for documentaries from new nonprofit production company at UC Berkeley's Investigative Reporting Program — In 2001, “Frontline” aired a documentary by investigative reporting legend Lowell Bergman. The movie, which chronicled the new cowboys of …
Discussion:
Investigative Reporting … and @poynter
Jeff Jarvis / Medium:
Storyful and Moat debut Open Brand Safety, working with CUNY School of Journalism to catalog sites that spread misinformation, then share findings with brands — But first, how do we define quality—and crap? — Storyful and Moat—together with CUNY and our new News Integrity Initiative* …
Discussion:
Nieman Lab, Business Wire, @jeffjarvis, @craignewmark, MediaPost, Ad Age, @dangillmor and @craignewmark
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 …
American Press Institute:
Study: 53% of Americans pay for news, but 53% of digital subscribers have never paid for a print version; expertise, social cues, discounts drive subscriptions — This research was conducted by the Media Insight Project — an initiative of the American Press Institute and the Associated Press-NORC Center for Public Affairs Research
Discussion:
Nieman Lab, @jesseholcomb, @jesseholcomb, @lauraelizdavis, @tomrosenstiel, @jeffsonderman and Fortune
Christian Shepherd / Reuters:
China's internet regulator, CAC, issues new rules, effective June 1, requiring online news services to be managed by party-sanctioned editorial staff — China on Tuesday issued tighter rules for online news portals and network providers, the latest step in President Xi Jinping's push to secure …
Anne Helen Petersen / BuzzFeed:
Interview with Dylan Howard, EIC of National Enquirer and AMI chief content officer, on American Media's purchase of US Weekly, Trump, the future of tabloids — Close your eyes — and imagine what you think the editor of the National Enquirer might look like.
Discussion:
@buzzfeednews
Nieman Foundation News:
Nieman Foundation for Journalism at Harvard announces the 80th class of Nieman Fellows — The Nieman Foundation for Journalism, a leading global voice in journalism education and innovation, has selected 24 journalists as members of the Nieman class of 2018.
Discussion:
@dabeard, @jbenton, @niemanfdn and @amlwhere
Chris Pash / Business Insider Australia:
Fairfax Media announces cuts of up to 125 journalist jobs at the Sydney Morning Herald, the Age, and the Australian Financial Review in drive to save $30M — Fairfax Media is cutting $30 million in costs including the loss of 125 editorial jobs from its major newspapers, the Sydney Morning Herald …
Discussion:
The Guardian, The Guardian, Mumbrella, @therealpbarry, Financial Review, NEWS.com.au and Crikey
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