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2:50 AM ET, February 7, 2018

Mediagazer

 Top News: 
Paul Farhi / Washington Post:
Sources: Tronc is expected to announce it is selling the Los Angeles Times and the San Diego Union-Tribune to major shareholder Patrick Soon-Shiong  —  The Chicago-based owner of the Los Angeles Times is expected to announce it is selling the newspaper, according to people familiar with the company's plans …
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Peter Kafka / Recode:
Streaming service ESPN Plus launching next month at $4.99/mo; sources say it won't have ESPN cable channels' content, which still requires ESPN subscription  —  How much would you pay for sports you weren't watching on TV?  —  Want to pay for a subscription to ESPN without paying for a subscription to other cable channels?
Financial Times:
Study of 48K Facebook pages and 14K Twitter accounts from Oct. 2017 to Jan.: Trump backers share more extremist and phony posts than all other groups combined  —  Ultra-rightwing conservatives shared more false stories on Facebook than all other political groups combined in the three months …
Robert Feder:
Three former editors of DNAinfo Chicago are starting a local news site with five reporters, funded by subscriptions with support from blockchain-based Civil  —  Three editors from the former DNAinfo Chicago are reuniting to start up a new neighborhood news website to be funded by reader subscriptions.
Sarah Frier / Bloomberg:
Snap's Q4 revenue, $285.7M vs. $252.8M est., topped analysts' estimates for first time since the firm's IPO, and average revenue per user rose 46% YoY to $1.53  —  Company tops analysts' estimates for first time since 2017 IPO  —  In rare win, social-media underdog adds clients, runs more ads
Jeremy Barr / Hollywood Reporter:
Megan Greenwell becomes the first female chief editor at Gizmodo Media Group's sports site Deadspin, replacing Tim Marchman who was promoted  —  Greenwell becomes the site's first female chief editor and replaces the promoted Tim Marchman.  —  Megan Greenwell was announced on Tuesday …
Alfred Lee / The Information:
Sources: in Q3 2017, Spotify made €1B in revenue, putting it on track for €4B in full year revenue, up 40% YoY, and had an operating loss between €70M and €90M  —  Spotify generated a billion euros ($1.2 billion) in revenue in the third quarter of 2017, according to two investors briefed on the numbers.
Corey Ford / A Matter-Driven Narrative:
Matter announces local news bootcamps for for-profit news outlets, working with colleges in MO, NY, CA, and GA, plus Google News Lab and News Media Alliance  —  Today, we launch Open Matter: Local News Bootcamps with Google News Lab, News Media Alliance, and 4 Top J. schools.
David Uberti / Splinter:
Memo: Nancy Cooper, IBT's Managing Ed, named acting editor of Newsweek; Jonathan Davis to return as chief content officer pending investigation into current CCO  —  After a handful of top reporters and editors were fired in a purge of the Newsweek masthead on Monday, about 40 …
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Lawrence Bonk / Mediaite:
Newsweek senior writer Matthew Cooper resigns in protest of firings and installation of editors seeking clicks and retweets over accuracy and fairness
Boris Kachka / The Cut:
Inside a decade of sexual harassment allegations and bullying at WNYC, amidst CEO Laura Walker's attempt to turn the organization around  —  One morning in late November, an employee in the sponsorship department of WNYC, the public-radio behemoth that transmits “Radiolab,” “All Things Considered …
 
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 More News: 
Stewart Clarke / Variety:
European Commission conditionally approves Discovery Communications $14.6B takeover deal for Scripps Networks Interactive
Discussion: Engadget and Broadcasting & Cable
Nadia Khomami / The Guardian:
UK judge rules that the warrant for Julian Assange's arrest should stand, despite Swedish case being dropped, because he breached UK bail conditions
 Earlier Picks: 
Ted Johnson / Variety:
Recent FCC filings suggest Sinclair Broadcast Group will seek waivers so it can own more than one top-four station in a market alongside Tribune acquisition
VICE:
Two far-right nationalists barged into Vice's Romania offices and filmed the encounter, the latest in a string of similar incidents by white supremacists
Discussion: @caitlin__kelly
Jim Rutenberg / The Wilson Quarterly:
How attacks by candidate and President Trump gave the NYT a renewed excitement to show the worth of traditional journalism based in fact and without aggression