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9:50 AM ET, February 7, 2018

Mediagazer

 Top News: 
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?
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Wall Street Journal:
Snapchat is launching to tool to let TV networks pipe snippets of live broadcasts directly into the app, starting this Saturday with NBC's Olympics coverage  —  Deal could forge closer ties between traditional TV networks and Snapchat's parent company Snap Inc.  —  Georgia Wells and Benjamin Mullin
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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
April Simpson / Current:
NPR's Daniel Zwerdling, a veteran investigative journalist, has left the network; sources say allegations of sexual harassment were filed to HR in November  —  Daniel Zwerdling, a veteran investigative journalist at NPR, has left the network amid allegations of sexual harassment.
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.
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 …
Supantha Mukherjee / Reuters:
Tronc has confirmed it is selling the Los Angeles Times and a number of other newspapers to billionaire biotech investor Patrick Soon-Shiong for $500M in cash  —  (Reuters) - Tronc Inc (TRNC.O) said on Wednesday it would sell some newspapers, including the Los Angeles Times and the San Diego Union-Tribune …
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.
Press Gazette:
The main source for a UK investigative news site's story about a Westminster paedophile ring, which sparked a police probe, is charged with child porn offences  —  The main source for claims reported by now defunct investigative journalism outfit Exaro News about a VIP paedophile ring …
Chris Roush / Talking Biz News:
Investigative reporter David Sirota has resigned from Newsweek-owned International Business Times, after Newsweek EIC and others were fired  —  David Sirota, who joined International Business Times as a senior writer, focusing on the intersection of Wall Street and politics, four years ago …
Discussion: @kelseymsutton
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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
 
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 More News: 
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
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
Stewart Clarke / Variety:
European Commission conditionally approves Discovery Communications $14.6B takeover deal for Scripps Networks Interactive
Discussion: Engadget