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2:45 PM ET, February 26, 2018

Mediagazer

 Top News: 
Hollywood Reporter:
Weinstein Co. board of directors says in letter to bidders Maria Contreras-Sweet and Ron Burkle that they will pursue bankruptcy as talks for a sale break down  —  Maria Contreras-Sweet and Ron Burkle were part of a bid to buy the embattled company.  —  The Weinstein Co. board of directors …
Joe Pompeo / Vanity Fair:
NYT editorial-page editor James Bennet defends op-ed page controversy, saying it publishes a variety of voices; newsroom sources voice concern and embarrassment  —  A yoga-pants refusenik, a climate science skeptic, and a tech writer with a neo-Nazi pal, among other offenders, have put James Bennet in the crosshairs.
Wall Street Journal:
Sources: the probe into Newsweek from Manhattan's District Attorney office is also considering whether or not the company defrauded advertisers  —  A widening probe into possible fraud at Newsweek has sent the storied media brand into crisis  —  Two years ago, a loan application …
Discussion: iMediaEthics
RELATED:
Will Oremus / Slate:
Current and former Newsweek staff on how an editorial strategy prioritizing clicks amid IBT Media's troubles led to firings and embarrassing editorial missteps
Lloyd Grove / The Daily Beast:
A new book by Ryan Holiday alleges Peter Thiel considered bribery, theft, bugging, and hacking as part of his quest to destroy Gawker  —  Silicon Valley billionaire Peter Thiel—who secretly schemed to annihilate Gawker Media, a goal he achieved in August 2016, and to force its founder …
Brian Steinberg / Variety:
CBS is launching CBS Sports HQ, a free 24-hour streaming service dedicated to sports coverage  —  CBS is taking another swing at the streaming-video sector with the launch of a free 24-hour digital sports-news outlet known as CBS Sports HQ.  —  Executives said the service will feature live news …
Stewart Clarke / Variety:
Speaking at Mobile World Congress in Barcelona, CNN's Jeff Zucker called on regulators to investigate Google and Facebook's duopoly on ad market  —  Jeff Zucker has called upon advertisers and tech firms to help find new way to monetize news content on mobile platforms …
Pete Brown / Columbia Journalism Review:
Analysis of Live videos posted by 17 brands reportedly paid by Facebook until March 2017 show number of posted videos fell 51% between April and December 2017  —  Founder & CEO of Facebook Mark Zuckerberg speaks at Facebook's F8 Developers Conference.  (Photo by Brian Solis via Flickr)
Bloomberg:
Democratic Senator Amy Klobuchar says Facebook and Twitter should be fined if they don't remove automated bots or accounts trying to influence US public opinion  —  Klobuchar thinks social media must invest more on prevention  —  Democrat sponsoring bill requiring social media ad disclosure
Discussion: @mathewi
Amanda Meade / The Guardian:
A number of Australian media companies, including News Corp Australia, are seeking to intervene in a damages case involving Hollywood star Rebel Wilson  —  News Corp Australia, Fairfax Media, Macquarie Media, the ABC and the Seven and Nine networks line up with publisher Bauer
Kieran Delamont / The Outline:
A look at the evolution of marijuana journalism as it moves away from activism and gimmicks toward the kind of lifestyle coverage reserved for food and wine  —  Surveying the past, present, and future of marijuana journalism.  —  “The caramel-chocolate flavored candy bar looked so innocent …
Margaret Sullivan / Washington Post:
Unwilling to attack grieving students, the NRA turns to Trump's playbook, attacking the news media with claim that media “love mass shootings”  —  One of the more outrageous assertions in a week overrun with them was Dana Loesch's outright lie that journalists relish massacres of children.
 
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 More News: 
Mark Sweney / The Guardian:
Time Inc UK - parent company of magazines like NME and Marie Claire - sold to private equity firm Epiris in deal thought to be worth ~£130M
Julia Alexander / Polygon:
Due to vague YouTube guidelines and unpredictable demonetization actions some YouTube creators promote the Brave browser, where users can tip via Brave Payments
 Earlier Picks: 
Alexandra Bruell / Wall Street Journal:
Facebook says it will drop 20, or 10%, of its metrics for advertisers that were redundant or outdated, will label metrics not derived directly as “estimated”
Jon Allsop / Columbia Journalism Review:
The Bay Journal, which covers Chesapeake Bay environmental issues, is suing the EPA, alleging the EPA cut the outlet's funding because of its coverage
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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