Top News:
Wall Street Journal:
Sources: BuzzFeed to miss 2017 revenue target by 15%-20%, and 2018 IPO looks unlikely; Vice Media is also expected to miss its revenue target — Prospects for a 2018 initial public offering by the high-profile publisher now appear remote — Digital publisher BuzzFeed is on track to miss …
Discussion:
@mikeisaac, @pkafka, Variety, Axios, @keachhagey, @jason_kint, @ryanchittum, @hamiltonnolan and @benmullin
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Ted Johnson / Variety:
In a 3-2 vote, FCC rolls back longstanding media ownership rules, including regulation blocking broadcasters from owning a newspaper in the same market — WASHINGTON — Broadcasters will be allowed to combine with a newspaper in the same market, and could be allowed to own two of the top four stations …
RELATED:
CNBC:
Sources: Comcast has approached 21st Century Fox to express interest in buying some major assets — Comcast has approached 21st Century Fox and expressed interest in an acquisition of some of Fox's assets, sources say. — Comcast is interested in the same set of assets that Disney approached Fox about.
Discussion:
Wall Street Journal, Business Insider, @jcmccracken, @alexweprin and @cnbcnow
Laura Hazard Owen / Nieman Lab:
The Trust Project says some news outlets have begun displaying tags so readers can identify trustworthy news, tech giants will use tags to fight fake news — “The hope is that, if news organizations are more clear and transparent about what they're doing, then users can make their own decisions."
Jeffrey A. Trachtenberg / Wall Street Journal:
Sources: Meredith has submitted a bid for Time Inc. in the $17-$20/share range, valuing Time at almost $2B; stock rose 28% on Thursday — Price would value Time Inc.'s equity at almost $2 billion — Meredith Corp. MDP 10.51% has made a takeover bid for storied magazine publisher Time Inc …
Discussion:
Los Angeles Times
Washpostpr / Washington Post:
Sarah Ellison to join the Washington Post as a staff writer in January, covering media and its intersection with politics, culture, and technology — From Features Editor Liz Seymour, Deputy Features Editor David Malitz and Deputy Features Editor Mitch Rubin:
Discussion:
@sarahlellison, @brianstelter, @niemanlab, @juliaangwin and @philiprucker
David Folkenflik / NPR:
As NPR reviews sexual harassment allegations, Roger LaMay announces he's stepping down as board chair, chief news editor David Sweeney is placed on paid leave — As NPR's Board of Directors meet in Washington, D.C., this week, the network finds itself confronted by a series of dispiriting developments …
Discussion:
@billy_penn, @nprkelly, @sdkstl, @paigepfleger and @jeffsonderman
Marc Fisher / Washington Post:
Executive editor Martin Baron says the response to Washington Post's Roy Moore story has reached a “stunning level of deceit, deception and dirty tricks” — A minister in south Alabama gets a phone call from a man who says he is a Washington Post reporter offering cash for dirt about Senate candidate Roy Moore.
Discussion:
Washington Post, Mediaite, The Daily Caller, Rolling Stone, Business Insider, Columbia Journalism Review, @spj_tweets, @costareports, @ddale8, thecut, The Guardian, The Week, HuffPost, Mother Jones, Fox News Insider, The A.V. Club, Poynter, CNNMoney, NPR, Dallas Morning News, Vanity Fair, Forbes, Media Matters for America, New York Times, The Wrap, Newser, Fortune, Breitbart and CNBC
Wall Street Journal:
Sources: a Barnes & Noble activist investor is proposing taking the bookseller private, with help of shareholders and debt financing — A proposal by Sandell Asset Management would value the bookseller at more than $650 million — An activist investor in Barnes & Noble Inc. BKS 10.98% …
Discussion:
USA Today, CNNMoney, CNBC, BloombergQuint and Business Insider
Lucas Matney / TechCrunch:
Google says it will require AMP pages to have the same content as stories on publishers' sites, starting February 2018, to hinder use of AMP pages as teasers — Publishers have a lot of mixed feeling about AMP (accelerated mobile pages), but it's pretty safe to say that consumers enjoy web pages …
Discussion:
Google Webmaster Central Blog, 9to5Google, The Verge and Search Engine Land
Lucia Moses / Digiday:
Verizon's Oath laying off up to 560, or slightly less than 4% of its global headcount of 14,000, including staffers at Yahoo Finance in the UK — More cuts are coming to Oath. The entity that houses Yahoo and AOL is in the process of laying off up to 560 people today following Yahoo's June acquisition by Verizon.
Discussion:
TechCrunch, Fast Company and Business Insider
Peter Kafka / Recode:
Sources: Univision has hired bankers as it seeks minority investors to put $200M into Fusion Media Group, ahead of a possible spinout — The TV network wants a minority investor to put $200 million into its Fusion Media Group. — In 2016, Univision bought almost all of the Gawker Media sites.
Discussion:
@ashleyfeinberg and @pkafka
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