Mediagazer: 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% (D.B. Hebbard/Talking New Media)

11:00 AM ET, May 4, 2017

Top News:

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, Reuters, The Register, @moedas, @pressfuturist, @vestager and The Verge, more at Techmeme »

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

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: @deannating, @shalini, @joannacoles, @andrewgiambrone, @sapna and @alexjamesfitz

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: Digiday, eMarketer and Newsroom Posts, Mobile Marketing Magazine 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: @sulliview, @hadleypdxdc and @businessinsider

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

Joel Simon / Committee to Protect Journalists:
President Trump's lack of support for the essential role of a free press fuels deterioration of press freedom worldwide

Discussion: Free Press Blog, @nikkihaley, @fahmyfoundation, Washington Post, @hamidmirpak, @jimmurphysf, @opensociety, Broadcasting & Cable, Amnesty International USA, The Indian Express, The Daily Caller, Globe and Mail and Washington Post

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

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: MacRumors, @shalini, @shalini, @shalini, @asharma, @shalini and @shalini, more at Techmeme »

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

Diana Marszalek / Broadcasting & Cable:

Sinclair Broadcast Group beats with Q1 revenue of $649.9M, up 12% YoY, with media revenues accounting for $602M as the company eyes deal for Tribune Media — Amid reports that it is vying to buy Tribune Media, Sinclair Broadcast Group said Wednesday that 2017 is shaping up to be ‘a pivotal year.’

Discussion: Baltimore Business Journal, Baltimore Sun, Crain's New York Business and Radio & Television …

Michael Calderone / HuffPost:

FBI Director James Comey tells Congressional committee that a huge part of WikiLeaks activities has nothing to do with “legitimate” newsgathering — James Comey's remarks follow reports the Justice Department may prosecute Julian Assange over classified leaks.

Discussion: Twitter, @mlcalderone, @trevortimm, @dangillmor, @79riptide, @pgeddington, Daily Wire and @trevortimm

Todd Spangler / Variety:

Pluto TV Inks Licensing Deals With Lionsgate, MGM, Warner Bros. for Library Titles — Pluto TV is bringing thousands of movies and TV shows — including “Silence of the Lambs” and “Mad Max” — to its free, ad-supported internet television service under pacts with Lionsgate, MGM and Warner Bros.

Discussion: Multichannel News and PR Newswire

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 …

Discussion: Adweek, Associated Press, CNBC, WWD and Recode

Brian Flood / The Wrap:
The New York Times print ad sales dropped 17.9% YoY in Q1

Discussion: Media Wire Daily and TechCrunch

Archived Page Info:

This is a snapshot of Mediagazer at 11:00 AM ET, May 4, 2017.

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Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

Copy Editor, Remote US — ProPublica

Markets Reporter, NY/CA — Sherwood Media

Staff Writer, MI — Watershed Voice

Food Reporter, CA — SF Standard

Staff Writer, NV — Las Vegas Weekly

Pharma Editor, Remote — Endpoints

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Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Senior Narrative Editor, CA — Cloud Chamber

Editor-in-Chief, NY (flexible) — The 74

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Writer/Editor, Remote — Mediaite

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More News:

Nancy Tartaglione / Deadline:
ITV CEO Adam Crozier to step down; Ian Griffiths to lead executive team in the interim in newly created combined role of COO and Group Finance Director

Discussion: “ITV Press Centre”, campaignlive.co.uk, BBC, Scotsman, Hollywood Reporter, Sky News, BelfastTelegraph.co.uk, The Drum and Telegraph

Janko Roettgers / Variety:
Facebook CFO David Wehner says company's video investments “will step up after 2017”; Mark Zuckerberg says programming may eventually involve sports

Discussion: New York Times, MediaNama, VentureBeat, Business Insider, @jank0, @jank0 and Mark Zuckerberg, more at Techmeme »

Katrin Bennhold / New York Times:
Profile of The Sun and interview with editor Tony Gallagher on political coverage, Brexit, and the papers' relationship with readers

Discussion: Jon Slattery, Vanity Fair, @djasonpalmer, @janinegibson, @laurenzcollins, @jeanpaulmulot, @nspector4, @bakehouse2016, @jackshafer, @elenacresci, @indylassie, @stugilfillan, The Guardian and One Man & His Blog

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%

Discussion: Globe and Mail, Reuters, Editor & Publisher, Torstar Corporation, Toronto Star and Globe and Mail

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

Discussion: Recode, Mashable, Awful Announcing, Consumerist, Variety, Deadline, Axios, ProFootballTalk, @pkafka and @jbflint

Earlier Picks:

A.J. Katz / TVNewser:
Despite O'Reilly scandal, Fox News remained No. 1 in audience ratings in April, with Hannity's viewing figures up 42% YoY

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”

Discussion: Washington Post, CNNMoney, @amandahess, @kagrox, @jordan327 and @espiers

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

Discussion: Fortune, Deadline, Mashable, Engadget, GeekWire and Vulture, more at Techmeme »

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

Discussion: Broadcasting & Cable, Hulu, The Drum, Pocket-lint, TechCrunch, /Film, Ad Age, The Wrap, Home Media Magazine, Axios, Fortune, Forbes and Radio & Television …

From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Robert Burnson / Bloomberg:
Court filing: OpenAI says Elon Musk's claim that the company has abandoned its altruistic principles is “revisionist history” and a bid to boost his AI company

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