Top News:
Shalini Ramachandran / Wall Street Journal:
In its effort to create TV-like content, Snap has signed original show deals with NBCUniversal, Turner, others, and is in talks with CBS and Fox, sources say — Snap Inc.'s ambitious effort to create television-like content has old and new media companies alike clamoring to learn …
Discussion:
Business Insider, AppAdvice.com, MacRumors, @shalini, @shalini, @asharma, @shalini, @shalini and @shalini, more at Techmeme »
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Wall Street Journal:
Snap launches Snapchat Ad Manager, which lets marketers buy targeted Snapchat ads without using Snap's sales team or ad partners — Snap Inc. is launching a new tool that small- and mid-size advertisers can use to buy targeted ads on the vanishing-message app and pay with a credit card.
Discussion:
@georgia_wells and @jackmarshall, more at Techmeme »
Lukas I. Alpert / Wall Street Journal:
Tronc posts a $3M net loss on a private share buyback as total revenue falls 8.1% to $366M and ad revenue falls 13.1% across its 11 papers in Q1 — Newspaper company Tronc Inc. said a private share buyback from an outside investor in March resulted in a $3 million net loss for the firm in the first quarter.
Discussion:
@lalpert1 and @craignewman
Jeffrey A. Trachtenberg / Wall Street Journal:
Airbnbmag, a new print publication from Airbnb and Hearst, will launch May 23 with a circulation of 350K and stories sourced from Airbnb's anonymous data points — New print publication will roll out May 23 with a $3.99 cover price — When the new travel publication Airbnbmag hits select newsstands …
Discussion:
@petershankman, @deannating, @shalini, @joannacoles, @andrewgiambrone, @sapna and @alexjamesfitz
Mat Smith / Engadget:
EU accepts Amazon's offer to withdraw strong-arm clauses in e-book contracts to settle antitrust case — The European Commission has accepted Amazon's changes to how it sells its e-books. Following a 2015 investigation over the retailer's anti-competitive behaviour, Amazon said back in January …
Discussion:
EU Press Room, @vestager, GeekWire, @moedas, The Register, Reuters, The Verge and @pressfuturist, more at Techmeme »
Associated Press:
Paris prosecutor's office says it has opened an investigation into whether fake news is being used to influence voting in the French election — PARIS (AP) — The Latest on France's presidential election (all times local): — The Paris prosecutor's office says it has opened …
Max Willens / Digiday:
Mic has launched a gaming vertical called Multiplayer with a staff of four, plus seven outside contributors — Mic is leveling up its video game coverage. On Wednesday, the millennial publisher launched a gaming vertical called Multiplayer, part of a plan to branch out to new content areas with a $21 million round it just raised.
Seb Joseph / The Drum:
Axel Springer to stop using Google's ad server and adopt AppNexus technologies for its brands to generate ad revenue beginning 2018 — Business Insider-owner Axel Springer will stop using Google's ad server to generate advertising revenue and switch to one built by adtech outfit AppNexus as part of a wider partnership.
Discussion:
Mobile Marketing Magazine, eMarketer and Newsroom Posts, Digiday and Axel Springer SE
Nilagia McCoy / Shorenstein Center:
Shorenstein report: to fight false news, researchers should involve more conservatives, amplify facts and collaborate with journalists, and develop shared data — Recent shifts in the media ecosystem raise new concerns about the vulnerability of democratic societies to fake news and the public's limited ability to contain it.
Discussion:
@mmfa and Media Matters for America
Madeline Stone / Business Insider:
Email newsletter theSkimm says its weekly book recommendations have driven books up an average of 3K spots on Amazon's Best Sellers list — Every morning at 6:00 a.m., more than 5 million subscribers receive an email newsletter from theSkimm. — Launched by former NBC producers Danielle Weisberg …
Discussion:
@hadleypdxdc, @businessinsider and @sulliview
Guido Fawkes:
MP Nadhim Zahawi wins £338K in libel case against Iranian state TV channel Press TV that falsely accused him of facilitating sale of oil between ISIS and Israel — Guido can reveal Tory MP Nadhim Zahawi has been awarded a stunning £338,000 payout after winning a libel case against Iranian state television channel Press TV.
Discussion:
@bill_cameron
Dominic Ponsford / Press Gazette:
Guardian head of media Jane Martinson is stepping down, and business reporter Graham Ruddick has been promoted to media editor — Guardian head of media Jane Martinson is stepping down and business reporter Graham Ruddick has been promoted to media editor.
Discussion:
@grahamtruddick, @janemartinson, @bbckamal and The Guardian
D.B. Hebbard / Talking New Media:
McClatchy lost $95.6M in Q1 due to falling print ads and impairment charges; total ad revenue was $119.9M, down 12% YoY, but digital ad revenue up 11.7% — With revenue dear, newsroom layoffs have been reported at several McClatchy-owned papers including yesterday at The Tribune in San Luis Obispo, California
Jason Koebler / Motherboard:
For nearly three years, Canadian government has pursued the notes of former Motherboard editor Ben Makuch in court, affecting his job by damaging sources' trust — For nearly three years, our colleague and friend Ben Makuch has had the full weight of Canada's intelligence agencies …
Discussion:
@derektmead, @andrewwyrich, @workentin, @jackgillum, @jason_koebler, @james__harkin, @svnder and @hadas_gold
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