Top News:
Wall Street Journal:
Sources: Mashable has agreed to sell itself to Ziff Davis for around $50M, a fraction of the site's $250M valuation less than two years ago — Price is a fraction of company's valuation less than two years ago, a sign of skepticism for digital media — One-time digital media darling Mashable …
Discussion:
@keachhagey, Adweek, Fast Company, TechCrunch, Bloomberg, Business Insider and Variety
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
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:
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
New York Times:
Sources: Time Inc. in talks again to sell to Meredith Corporation, in a deal backed by an equity injection of $500M from Charles and David Koch — Time Inc. is said to be in talks to sell itself to the Meredith Corporation, in a deal backed by Charles G. and David H. Koch …
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."
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, Rolling Stone, Business Insider, Columbia Journalism Review, @spj_tweets, HuffPost, Mother Jones, The Week, @costareports, @ddale8, thecut, The Guardian, Fox News Insider, The A.V. Club, Poynter, CNNMoney, The Daily Caller, NPR, Dallas Morning News, Vanity Fair, Forbes, Media Matters for America, New York Times, The Wrap, Newser, Fortune, Breitbart, CNBC and Hit & Run
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, @alexweprin, @cnbcnow and Business Insider
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 and Business Insider
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
Casey Newton / The Verge:
Twitter says users can now have verified status revoked, unveils new guidelines for verified accounts as it works on authentication and verification program — A risky new step in the fight to reduce harassment — Twitter will begin removing verification badges from users who violate its rules, the company said today.
Discussion:
Washington Post, The New York Observer, The Guardian, CNBC, Mashable, The Wrap, @newsmary, The Ringer, Vanity Fair, Bustle, AOL, The A.V. Club, BetaNews, Business Insider, TechCrunch, Slate, MediaNama, BloombergQuint, The Next Web, WQAD-TV, Gizmodo, 9to5Mac, The Hill, New York Magazine, @twittersupport, VentureBeat, Axios, Fast Company, @paleofuture, @lauraloomer, Ars Technica, @backlon, @spacekatgal, BuzzFeed, @twittersupport, @oliviasolon, @communism_kills, @levinejonathan, @carnage4life and TechCrunch, more at Techmeme »
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