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 …
Discussion:
Facebook, VentureBeat, Facebook, BuzzFeed, CNNMoney, @paul__armstrong, Recode, @themediaisdying, @idontlikewords and @joshconstine, more at Techmeme »
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 …
Discussion:
@jake_zuckerman, Associated Press, Esquire, Committee to Protect …, @maggienyt, Rare, @aclu_wv, Raw Story, Mediaite, New York Magazine, @pns_news, @rweingarten, @stevepasquale, @rweingarten, @sasha_a_fox, @muckrakery, Charleston Gazette-Mail, @charlesornstein, @mikeelk, @indira_l, @aclu_wv, @rebeccaallen, WV MetroNews, @aclu, @heykmenz, HuffPost, @danxoneil, Business Insider, @pns_news, @jake_zuckerman, @petersterne, @petersterne, @darrensands, @annasale, @jake_zuckerman, @aclu_wv, @kellyweill, @cpjamericas, @kelly_carlin, The Daily Dot, @amy_siskind and The Week
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.
RELATED:
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 …
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 — In the Age of Trump, the Wall Street Journal has kept its head down. — It has not stressed the necessity of its journalism …
Discussion:
@sarahmarshall, @jasongay and @dylanbyers
RELATED:
Natalia Wojcik / CNBC:
News Corp beats targets with Q3 revenue of $1.98B, up 5% YoY; news and information division revenues up 3% to $1.26B
Discussion:
Publishers Lunch and News Corp
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
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.
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
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