Mediagazer: Facebook says it will now rank sites with “disruptive, shocking or malicious ads” lower in News Feed (Josh Constine/TechCrunch)

5:55 PM ET, May 10, 2017

Top News:

Hadas Gold / Politico:

US media outlets were shut out of Trump meeting with Russia's Sergey Lavrov and Sergey Kislyak, while Russian state news agency TASS was allowed in — On Wednesday morning as controversy swirled over the president abruptly firing his FBI chief amid an investigation of possible ties between …

Brian Flood / The Wrap:

Newsmax CEO Chris Ruddy says he'd be “very open” to hiring Bill O'Reilly, amid reports that he had been urged by WH insiders to recruit the fired Fox News host — Newsmax CEO Chris Ruddy said he thinks “very highly” of former Fox News star Bill O'Reilly — who was recently fired amid …

Discussion: Hollywood Reporter, @bungdan, Variety, @hadas_gold and @mlcalderone

J.K. Trotter / Jezebel:

Sources: divorce affidavit of Bill O'Reilly's ex-wife details abuse incident after she caught him engaging in phone sex, a practice mentioned in Fox News cases — Bill O'Reilly's ex-wife swore in an affidavit that the disgraced Fox News host brutally assaulted her in their Long Island home …

Discussion: @johnjcook, @johnjcook, @johnjcook, @tasneemn, @kmcdonovgh, @petersterne, AOL, HuffPost, New York Magazine, Washington Post and The Wrap

WSAZ-TV:

Reporter released after being arrested in WV while he tried to ask questions of HHS Secretary Tom Price and Kellyanne Conway; police said he caused disturbance — CHARLESTON, W.Va. (WSAZ) - A reporter was arrested Tuesday at the West Virginia Capitol for allegedly causing a disturbance …

Andrew Joseph / STAT:

HHS Secretary Tom Price praises WV police for “doing what they thought was appropriate” in arresting journalist, says “gentleman was not in a press conference” — CONCORD, N.H. — Secretary of Health and Human Services Tom Price on Wednesday commended police in West Virginia for …

Discussion: Committee to Protect …, @wpjenna, @wpjenna, Public News Service Newscasts, NBC News, @aclu, @ktullymcmanus, @jimrutenberg, @mlcalderone, @sahilkapur, @rebeccadrobbins and @drewqjoseph

Josh Constine / TechCrunch:

Facebook says it will now rank sites with “disruptive, shocking or malicious ads” lower in News Feed — Facebook will bury links to low-quality websites and refuse to carry ads pointing to them in a News Feed algorithm changeannounced today. Facebook defines a “low-quality site” …

Discussion: Facebook, Fast Company, BuzzFeed, The Verge, The Hill, Adweek, @joshconstine, AdExchanger, @themediaisdying, @idontlikewords, @paul__armstrong and Recode, more at Techmeme »

CNBC:

Time Inc.'s Q1: total revenue dips nearly 8% to $636M, net loss increases by $18M YoY to $28M; in earnings call, CEO blames media speculation around sale — Time Inc. on Wednesday slashed its dividend as the magazine publisher pushed ahead with a cost-cutting plan following its decision to not sell itself …

Discussion: Time Inc. and Axios

Edmund Lee / Recode: After missing Q1 estimates, Time Inc. is now worth far less than the $18/share Meredith offered, with shares trading as low as $12.50 on Wednesday, down 16%

Lucia Moses / Digiday:

Patch, profitable since 1/16, is now looking to create alliances with local media outlets, wants local news sites to migrate their content to Patch — Patch used to be a cautionary tale of the perils of solving the thorny problem of doing local news in digital media.

Discussion: @matthewtbecker, @kurtgessler and @digiday

Sam Roberts / New York Times:

Anne Morrissy Merick, a former TV producer who helped overturn Pentagon rules preventing women from covering combat during the Vietnam War, has died — Anne Morrissy Merick, who as a television field producer persuaded the Pentagon to overturn an edict that prevented women in the press corps …

Discussion: @markthompson_dc, @majohnso, @nytsports, @nytmedia and @gillianatlaw

Sarah Perez / TechCrunch:

PBS KIDS launches its own streaming stick with access to on-demand video, games and live TV — PBS KIDS is ready to take over your kids' TV. The company this morning announced the launch of its own streaming stick, called the PBS KIDS Plug & Play, which delivers a combination of on-demand video …

Discussion: Variety

Troy Dreier / Sports Video Group:

Sports Illustrated to debut OTT service this fall with live and on-demand programming covering analysis, documentaries, fantasy sports, and swimsuits — No live sports but analyses, documentaries, fantasy sports — and swimsuits — The biggest name in sports journalism will soon launch an OTT video service.

Paul Bond / Hollywood Reporter:

21st Century Fox reports mixed Q3 results with quarterly revenue up 5% to $7.56B, led by higher TV ad and affiliate revenue — 21st Century Fox exceeded earnings expectations by reporting a quarterly profit of 54 cents on an adjusted basis even though revenue of $7.56 billion was a tad light.

Discussion: MediaPost, @randadtrade, @mattgarrahan, 21st Century Fox, New York Times and Variety

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Who's Hiring in Media?

Bureau Reporter - Vietnam, HCMC — Bloomberg

Curation Editor (Contract), NY — Apple News

Business Editor, CA — TheWrap

Executive Ed. - Tech & Electronics, AZ — AspenCore

Economy & Industry Reporter, TX — Texas Tribune

Deputy Editor - Health Care, VA — Politico

Political Enterprise Editor, DC — Guardian US

Housing & Real Estate Reporter, ME — BDN

Associate Reporter - Yahoo Finance — Yahoo

Senior Editor, Remote — Raw Story

Deputy Politics Editor, CA — Sacramento Bee

US Foreign Affairs Correspondent, DC — FT

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More News:

Dominic Ponsford / Press Gazette:
New York court rejects CEN and Michael Leidig's summary judgment bid in $11M Buzzfeed “The King of Bulls**t News” libel suit, case will go to trial

Daniel Holloway / Variety:
Hulu names Joel Stillerman, AMC's president of programming, as its chief content officer, with Hulu head of content Craig Erwich reporting to Stillerman

Discussion: Deadline, The Wrap, New York Times, Multichannel News, Hollywood Reporter and Los Angeles Times

Natalie Jarvey / Hollywood Reporter:
NBCUniversal acquires majority stake in how-to crafts website Craftsy, which receives 2M active visitors a week, for an undisclosed sum

Axel Springer SE:
Axel Springer Q1: revenue increases 6.7% to €836.2M, with digital business models growing 10.7% and accounting for 72% of total revenues

Discussion: @mylesudland and Reuters

Michael S. Rosenwald / Washington Post:
During WW2, the AP struck a deal with an SS officer to distribute pictures taken by Nazi photographers to US papers; the deal was approved by wartime censors

Discussion: @marcslove, @rickklein, @markamesexiled, TVNewsCheck and Associated Press

Hollywood Reporter:
Days after being acquired by Sinclair, Tribune Media reports Q1 loss of $85.5M, with revenue falling 6% to $444M, and ad revenue dropping 9% to to $291.7M

Discussion: Tribune Media, Reuters and Variety

Earlier Picks:

Steven Perlberg / BuzzFeed:
Inside the feud between Sean Spicer and Politico's Alex Isenstadt beginning with Spicer's days at RNC

Discussion: @buzzfeedben, @ericgeller, @perlberg, @jmartnyt, @kfile and @moorehn

Melody Kramer / Poynter:
Interview with Fiona Morgan and Alicia Bell on the Free Press project to connect NC journalists, activists, and communities

Discussion: @sarahgrieco and @bykelseyoconnor

Dylan Byers / CNNMoney:
SEC filing: WSJ added 305K daily digital subscribers between March '16 and March '17; sources say 79% of subscribers are male, 88% are 50+, 70% make $100K+/year

Discussion: @sarahmarshall, @jasongay and @dylanbyers

Sarah Perez / TechCrunch:
Tubi TV raises $20M Series B led by Jump Capital for its ad-supported streaming service, which has hits from years past like Silence of the Lambs and Gladiator

Discussion: Variety and Cord Cutters News

Hannah Al-Othman / BuzzFeed:
UK's Labour Party denied BuzzFeed access to its campaign events on Tuesday and said contact with party leader Corbyn would be limited for rest of campaign

Discussion: Telegraph, The Guardian, BuzzFeed and BBC

Georg Szalai / Hollywood Reporter:
Discovery Communications Q1: earnings of $215M, down 18% YoY, revenue up 3% to $1.61B, US ad revenue up 1%, and a slight decline in subscribers

Discussion: Multichannel News, The Wrap and Hollywood Reporter

From Techmeme:

Bloomberg:
Ubisoft plans to spin off a unit, which includes Assassin's Creed, into a ~€4B subsidiary with Tencent investing €1.16B for a 25% stake; UBI jumps 10%

Andrew Goudsward / Reuters:
A US federal judge orders agencies whose leaders participated in the Signal chat on the Houthi attacks to preserve all messages sent from March 11 to March 15

CNBC:
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order

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