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7:30 PM ET, January 25, 2018

Mediagazer

 Top News: 
Dave McNary / Variety:
Casey Affleck, accused of sexually abusive conduct in 2010, withdraws from customary role of prior year's best actor presenting best actress award at Oscars  —  Casey Affleck has withdrawn from presenting the best actress award at the March 4 Academy Award ceremonies.
Steven Perlberg / BuzzFeed:
CNN is closing Beme and Casey Neistat is leaving following 2016 buyout, which sources say valued it at $20M+; CNN will continue to develop some of its products  —  CNN acquired Beme in late 2016 with hopes that it would become a major piece of its digital business.  Now Neistat's leaving the company.
Steven Perlberg / BuzzFeed:
How Axios used Mike Allen and distilled news to become influential quickly, with 260K+ newsletter subscribers and more; source says Axios AM fetches ~$75K/week  —  Every morning, Washington wakes up to Axios AM — Mike Allen's top 10 stories of the day, filled with short bits of breaking news …
Reuters:
Sources: Viacom CEO Bob Bakish and CBS CEO Leslie Moonves held “exploratory” discussion on merging companies; boards expected to discuss merger in coming weeks  —  (Reuters) - Viacom Inc (VIAB.O) Chief Executive Bob Bakish and CBS Corp (CBS.N) CEO Leslie Moonves …
Discussion: Engadget
RELATED:
Kim Masters / Hollywood Reporter:
Analysis of behind-the-scenes maneuvers to merge Viacom and CBS and the futures of CEOs Bob Bakish and Leslie Moonves, as Shari Redstone pushes for scale  —  The mogul faces a delicate negotiation with CBS CEO Leslie Moonves, who wants to be at the helm of the united company.
Ryan Glasspiegel / The Big Lead:
Source: ESPN is exploring options for FiveThirtyEight, including a potential sale to an outlet like The Atlantic or moving the site under ABC News  —  By the time mid-term election season really heats up, Nate Silver and FiveThirtyEight will in all likelihood have a different platform than ESPN.
Selina Wang / Bloomberg:
Sources: Twitter is working on a Snapchat-style tool to more easily share videos and photos on the network, but its design and launch aren't yet finalized  —  Social network is experimenting with new products to woo users  —  Company seeks to streamline process of posting photos, videos
Chris Roush / Talking Biz News:
Reports: Kimi Yoshino, business editor at the LA Times and an editor on the Pulitzer-winning Bell corruption scandal stories, was suspended for two days  —  Kimi Yoshino, the business editor of the Los Angeles Times, has been suspended for two days, according to multiple reports.
Howard Amos / The Calvert Journal:
The Bell, a US-based, Russia-focused media startup, illustrates a trend of building Russian news orgs independent of owners vulnerable to Kremlin pressure  —  Screenshot of The Bell's English-language homepage  —  Two important news stories emerged in December on a topic …
Discussion: @howardamos
 
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 More News: 
Mark Gurman / Bloomberg:
Sources: Apple is working on a redesigned Books reading app that includes a Reading Now section, dedicated tab for audio books, and redesigned store
 Earlier Picks: 
Bloomberg:
Sources: comScore is working with Goldman Sachs to explore strategic options, including a potential sale
Associated Press:
Prosecutor credits Indianapolis Star probe for prompting victims of Larry Nassar to speak up: “We as a society need investigative journalists more than ever”