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12:05 PM ET, May 10, 2017

Mediagazer

 Top News: 
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’ as one …
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 …
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%  —  Time rebuffed an $18-a-share offer from Meredith.  Now it's trading at about $13.  —  Time Inc. said last month it wasn't going to sell itself …
RELATED:
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.
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: @digiday
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  —  The company, led by interim CEO Peter Kern, posts a 9 percent advertising revenue drop.  —  Tribune Media on Wednesday said it swung …
Discussion: Tribune Media, Reuters and Variety
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  —  At the height of World War II, the Associated Press made secret arrangements with an SS officer to obtain pictures taken …
Discussion: TVNewsCheck and Associated Press
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  —  Axel Springer profited from strong organic growth during the first three months of the 2017 financial year.  At the same time …
Discussion: Reuters and @mylesudland
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: @nytsports, @nytmedia and @gillianatlaw
Steven Perlberg / BuzzFeed:
Inside the feud between Sean Spicer and Politico's Alex Isenstadt beginning with Spicer's days at RNC  —  Spicer has a long-running feud with Politico's Alex Isenstadt dating back to his days at the RNC.  Now the battle has spilled over into the White House.
Discussion: @buzzfeedben, @perlberg and @jmartnyt
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.
Melody Kramer / Poynter:
Interview with Fiona Morgan and Alicia Bell on the Free Press project to connect NC journalists, activists, and communities  —  On a cold, rainy day at the end of April, more than 30 people gathered at a co-working space in Charlotte, North Carolina for a public conversation about the future of news in the state.
Discussion: @sarahgrieco and @bykelseyoconnor
 
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 More News: 
Jessica Davies / Digiday:
Spiegel Online has assembled a team of 10 employees to create daily editions on Snapchat Discover, which Snap recently launched in Germany
Akin Oyedele / Business Insider:
Disney reports mixed Q2 results with net income of $2.4B, up 11% YoY, on $13.3B revenue, up 3% YoY; media networks operating income fell 3%
 Earlier Picks: 
David Gilbert / VICE News:
Facebook censors video of Thailand's king, blocking it for Thai users, as the government says it violates the country's laws banning criticism of the monarchy
Kristine Phillips / Washington Post:
Bob Owens, editor of the popular pro-gun blog BearingArms.com, died on Monday in an apparent suicide
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