Mediagazer: Sources: Netflix is attempting to acquire Regency Outdoor Advertising, a billboard company, for $300M as it increases spending on marketing to $2B this year (Reuters)

5:05 PM ET, April 6, 2018

Top News:

Facebook will only allow authorized advertisers to post ads on widely discussed issues like political topics, will require verification of admins of large Pages — We believe that when you visit a Page or see an ad on Facebook it should be clear who it's coming from.

Paul Mozur / New York Times:

Myanmar civil society groups say Zuckerberg mischaracterized efficacy of Facebook systems to detect hate speech on Messenger in their country in Vox interview — SHANGHAI — Civil society groups in Myanmar on Thursday criticized Facebook's chief executive, Mark Zuckerberg …

Discussion: TechCrunch, Forbes, Fortune, CNNMoney, @ethanz, @kevinroose, @francis_wade, BuzzFeed, The Guardian, Business Insider, Washington Post and CBS San Francisco, more at Techmeme »

Politico:

President Trump does not plan to attend the White House Correspondents' Association Dinner; Press Secretary Sanders will represent the administration — President Donald Trump will not participate in this year's White House Correspondents' Dinner, and press secretary Sarah Huckabee Sanders …

Discussion: @whca, The New York Observer, New York Times, The Wrap, Washington Post, The Hill, CBS News, Fortune, Associated Press, Newser, Refinery29, @jamesrbuk, @cspanjeremy, @benjamin05055, ThinkProgress, Variety, The Daily Caller, @jaketapper, TVNewser and AOL

UMD Right Now: University of Maryland, White House Correspondents' Association, and Newseum partner to create a searchable digital archive of presidential pool reports

Ryan Ori / Chicago Tribune:

Developers who bought the landmark Chicago Tribune tower sue to stop Tronc from removing the newspaper's sign after the publisher moves out of building — The Chicago Tribune will leave its namesake tower by midyear, but the building's owners want the newspaper's exterior signage to stay put.

Discussion: @davidheinzmann, @mattdpearce, @docischief and @kurtgessler

Laura Lollman / KASW-TV:

FBI confirms it has raided the Sedona, AZ home of Backpage.com founder Michael Lacey in child sex trafficking investigation — SEDONA, AZ (3TV/CBS 5) - — The FBI confirmed Friday that agents raided the Sedona home of Michael Lacey, the founder of Backpage.com. The website has been seized and shut down.

Discussion: Washington Post and Great Circle Media

Blake Montgomery / BuzzFeed:

Classified ads site Backpage.com shows a message stating it and affiliated websites have been seized by US law enforcement — The classified ads site displays a message “backpage.com and affiliated websites have been seized.” — Backpage.com, the popular classified ads website …

Discussion: New York Daily News, Hit & Run, The Hill, Reuters, Gizmodo, KNXV, The Verge, @evanwyloge, @melissagira and @melissagira, more at Techmeme »

Reuters:

Sources: Netflix is attempting to acquire Regency Outdoor Advertising, a billboard company, for $300M as it increases spending on marketing to $2B this year — (Reuters) - Netflix Inc (NFLX.O) is attempting its largest acquisition, offering more than $300 million to acquire a company …

Discussion: Multichannel News, Adweek, The New York Observer, Variety, Tubefilter and FierceCable

David Zurawik / Baltimore Sun:

Anti-Sinclair ad featuring Deadspin video montage scheduled to run 175 times on four Sinclair stations over the next week, beginning Friday — An anti-Sinclair ad featuring a Deadspin video that mocks the Baltimore-based broadcaster could start running as early as Friday on four of the company's stations including WBFF in Baltimore.

Discussion: HuffPost and Mediaite

Paul Farhi / Washington Post:
Three political candidates vow not to advertise on Sinclair TV stations, and Sen. Richard Durbin asks Sinclair for information about its “must-run” stories

Cary O'Reilly / Bloomberg Law:

Department of Homeland Security to compile database of journalists, bloggers, and influencers in an effort to track 290K global news sources in 100 languages — The U.S. Department of Homeland Security wants to monitor hundreds of thousands of news sources around the world and compile …

Discussion: Forbes and The Week

Sahil Patel / Digiday:

Sources: YouTube TV is testing up to six new channels from digital publishers like Cheddar, Tastemade, and The Young Turks Network — YouTube's livestreaming TV service is looking to add channels from multiple digital media publishers, including Cheddar, Tastemade and The Young Turks Network.

Discussion: Tubefilter, more at Techmeme »

Keith J. Kelly / New York Post:

Sources: Meredith bankers are hoping for $100M each for Time, Fortune, and Money, and $150M+ for SI; Jay Penske, with recent Saudi funding, is looking at titles — Bankers who are helping to sell the four former Time Inc. magazines that are now being divested by new owner Meredith …

Discussion: Talking Biz News

Anders Hofseth / Nieman Lab:

Q&A with Emily Bell on the lack of viable ad-supported models for journalism, commercial media, and the importance of public service media — “I think there's a very viable long-term financial model for commercial media. But I don't necessarily think that applies directly to journalism."

Discussion: @towfdn, @niemanlab, @jeffjarvis, @milapgh, @niemanlab and @wolfiechristl

Alex Barinka / Bloomberg:

Sources: fewer than expected Spotify shareholders sold stock during listing, potentially driving price up; 5% of potentially available shares traded at open — Initial share supply shortage seen as driving up price briefly — Music-streaming company's trading volume below big tech IPOs

Ben Sisario / New York Times:
Sony says it sold 17% of its 5.7% stake in Spotify on Tuesday, the day Spotify went public, for $250M+; other big labels are thought to own 4% or less

Discussion: Digital Music News and Engadget

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More News:

Elon Green / Columbia Journalism Review:
Q&A with writer Melissa Gira Grant, on SESTA/FOSTA, Stormy Daniels coverage, sex work as a beat, and the value of visible sex worker representation in media

Jack Stubbs / Reuters:
Russia's communications watchdog files a suit to block Telegram after the company refused to give state security services access to users' encrypted messages

Discussion: Telegraph, ZDNet, Patently Apple, Engadget and Fast Company, more at Techmeme »

Salman Masood / New York Times:
Pakistan's largest TV network Geo says it has been forced off the air on cable TV in over 80% of the country after critical reporting on the military

Discussion: Pakistan Today, News18, @thinkmasood and @asadatoor

Mack DeGeurin / Motherboard:
Knowhere, a startup using neural natural language processing to rewrite trending news stories with an aim of impartiality, launches with $1.8M in VC funding

Discussion: FinSMEs

Earlier Picks:

Chris Ariens / TVNewser:
CNN brought in $19.9M, Fox News $16.2M, and MSNBC $8.1M in ad spending in the first quarter; many of the same brands advertised across all cable channels

Discussion: Mediaite, The Week, HuffPost and Newser

Patrick Redford / The Concourse:
The new owners of LA Weekly, Semanal Media, have launched a campaign to push back against an ongoing boycott, saying the weekly is being bullied and harassed

Discussion: @scott_tobias, @vanallenlab, @boycottlaweekly, @gwencalavera, KCRW, @drewmillard, @dangibson520, @markeortega, @thesarahbennett, Eater LA and LA Weekly

New York Times:
The Paris Review names a new editor: Emily Nemens, co-editor of The Southern Review, who hopes to strike “a balance between stewardship and innovation”

Discussion: thecut and Vogue

Laura Hazard Owen / Nieman Lab:
Knight study of local TV news: revenues and viewership are rising, and in smaller markets, TV news websites are the dominant local news source

Discussion: Radio & Television …

From Techmeme:

CNBC:
The Nasdaq falls 6%+, with Apple down 7%+, Nvidia down 8%+, and Meta down 7%+, as the White House confirms that Trump's tariffs on China now total 145%

Wayne Ma / The Information:
A look at the internal chaos behind Apple's Siri failure, in part due to poor leadership, with John Giannandrea's AI/ML group dubbed “AIMLess” internally

Emanuel Maiberg / 404 Media:
Meta says LLMs have historically leaned left and wants to remove that bias with Llama 4 to “understand and articulate both sides of a contentious issue”

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