Top News:
Charles Riley / CNNMoney:
Unilever marketing boss Keith Weed is to threaten to pull advertising from Facebook, Google, and other digital platforms, citing fake news, among other concerns — Social media giants grilled on ‘fake news’ — Unilever is threatening to pull its advertising from digital platforms …
Discussion:
Wall Street Journal, Financial Times, The Hill, @mattgemmell, @mattgarrahan, @sarafischer, @rosenbergerlm, @slpng_giants, @provoost, @awallenstein, Fortune and Fast Company
Karl Taro Greenfeld / Los Angeles Times:
Former writer at Time Inc. offers anecdotes about how the publisher was “overspending horrendously” on salaries and unlimited expense accounts before AOL merger — I started as a writer at Time Magazine on a Monday in 1998. I turned up that morning to find the 23rd floor …
Discussion:
@nbj914, @poniewozik and @editorialiste
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Joe Pompeo / Vanity Fair:
A week after Meredith takeover of Time Inc., sources speculate about potential buyers for some of the magazines, especially Time, Fortune, Sports Illustrated — The sudden Midwesternizing of a Manhattan media empire. — It's been a little more than a week since Time Inc. ceased to exist …
Wired:
A behind-the-scenes look at two tumultuous years inside Facebook as it struggled with fake news, its impact on the 2016 election, and its battle with News Corp — ONE DAY IN late February of 2016, Mark Zuckerberg sent a memo to all of Facebook's employees to address some troubling behavior in the ranks.
Charlie Warzel / BuzzFeed:
Technologist who predicted “fake news”, Aviv Ovadya, and other experts warn new AI-powered tools to manipulate perception could erode people's trust in reality — In mid-2016, Aviv Ovadya realized there was something fundamentally wrong with the internet — so wrong that he abandoned his work and sounded an alarm.
Discussion:
@selenalarson, @eschor, @jonlemire, @tomnamako, @mazmhussain, @williammatt22, @annehelen, @alexkoppelman, @nadabakos, @mollymckew, @mollymckew, Fast Company, @gaywonk, @peterhamby, @cwarzel, @laskyjoshua, @ali_wyne, @elamin88, @walldo, @mlcalderone, @unrealcoop and @lisaannkerr, more at Techmeme »
Wall Street Journal:
Sources: Comcast's bid for 21st Century Fox was $60B+, 15% higher than Disney's winning offer, but was rejected due to antitrust concerns — Cable giant's offer for Fox's entertainment assets was in the low $60 billions, exceeding Disney's winning offer — Cable giant Comcast Corp. CMCSA 1.00% …
Discussion:
@asharma, @claytravis, @asharma and felix.substack.com
David Siders / Politico:
“News” site The California Republican, with linked Facebook page labeled “news/media company”, was paid for by campaign of Rep. Devin Nunes, ardent media critic — Embattled California congressman finds a way to bypass the mainstream media.
Hollywood Reporter:
NY attorney general sues Harvey Weinstein, Bob Weinstein, and The Weinstein Company, claiming they failed to protect staff from pervasive sexual harassment — The lawsuit alleges company executives repeatedly failed to protect employees from Harvey Weinstein's “unrelenting sexual harassment, intimidation and discrimination.”
Discussion:
USA Today, Fast Company, New York Times, Business Insider, Variety, Mediaite, Slate, Deadline, The Daily Beast, @hilaryr, @hilaryr, thecut, @sharonwaxman, Rolling Stone, The Wrap, @pameladaym, @pameladaym, @anthony, Fortune, AOL, @tatianasiegel27, @eriqgardner, @tatianasiegel27, @thr, @kimmasters, @ppvsrb, Mashable, Business Insider and Variety
Brenda Goh / Reuters:
Alibaba signs multi-year deal to offer 1000+ episodes of Disney shows on its Youku video streaming platform — SINGAPORE (Reuters) - Alibaba Group Holding Ltd's entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group's Youku video …
Discussion:
Fast Company, more at Techmeme »
Jonathan Keane / Tech.eu:
German publisher Axel Springer, Europe's largest publisher, has invested an undisclosed sum in Magic Leap to bring AR to its content — German publisher Axel Springer, Europe's largest publisher, has backed Magic Leap, the US augmented reality company that's raised nearly $2 billion from Google and Alibaba.
Discussion:
Axel Springer SE, TechCrunch and @raju, more at Techmeme »
The Guardian:
Sweden wanted to drop its extradition case against WikiLeaks founder Julian Assange in 2013 but was dissuaded by the UK's prosecution service — UK prosecutors tried to dissuade Swedish counterparts from doing so, exchange shows … Swedish prosecutors attempted to drop extradition proceedings …
Brian Beutler / Crooked Media:
Conservatives treat liberal bias in mainstream media as fact; reporters should stop conciliatory approach, accept that Conservatism and journalism conflict — If you get your news from conservative media these days, you probably don't know that President Donald Trump's lawyers believe …
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