Top News:
Josh Gerstein / Politico:
Michael Cohen drops libel lawsuits against BuzzFeed and Fusion GPS over publication of Steele dossier, which alleges he met with Russian operatives for Trump — Embattled attorney Michael Cohen has dropped a pair of much-touted libel suits against BuzzFeed and the private investigation firm Fusion GPS …
Discussion:
Wall Street Journal, NBC News, Ad Age, Newser, Hollywood Reporter, The Guardian, The Wrap, New York Post, NPR, Vanity Fair, @natashabertrand, Mediaite, The Daily Caller, @mattmittenthal, The Daily Beast, Politico, East Bay Times, Axios, Law & Crime, @drdenagrayson, iMediaEthics, Newsy, The Week and Washington Post
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Jim Rutenberg / New York Times:
Model Karen McDougal settles lawsuit against American Media, giving her right to discuss alleged affair with Trump and allowing AMI to avoid pretrial discovery
Discussion:
Politico, Washington Post, The Week, NBC News, Law & Crime, CBS News, East Bay Times, Bustle, Newser, VICE News, UPROXX, Slate, The Wrap, @arimelber, @kylegriffin1, Mediaite, TMZ.com, @evan_rosenfeld and @joncoopertweets
David Ingram / Reuters:
Facebook says it will change ToS in May for 1.5B users outside EU; US, Canada to be governed by US instead of Ireland ToS, limiting GDPR impact to 400M users — SAN FRANCISCO (Reuters) - If a new European law restricting what companies can do with people's online data went into effect tomorrow …
Discussion:
TechCrunch, Recode, Politico, Mashable, Engadget, CNBC, The Daily Caller, East Bay Times, @david_ingram, @mikarv, @felixsalmon, Gizmodo, The Hill, @markfollman, @profcarroll, @swiftonsecurity and @profcarroll, more at Techmeme »
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Facebook:
Ahead of GDPR, Facebook debuts enhanced privacy controls for all users globally, starting in EU, with more choices about ads, allowing face recognition, more
Discussion:
Variety, Wired, TechCrunch, TechCrunch, VICE News, Vanity Fair, The Guardian, Fortune, NPR, Engadget, Fast Company, The Next Web, The Hill, MediaNama, The Interface, The Daily Caller, Fortune, Mashable, hypebot, 9to5Google, Business Insider, VentureBeat, The Verge, WIRED UK, New York Magazine, The Wrap and MediaPost, more at Techmeme »
Alexandra Bruell / Wall Street Journal:
NBCU joins Fox, Viacom, and Turner in OpenAP consortium with a buy-in that costs $10M, sources say; OpenAP standardizes categories ad buyers can purchase — OpenAP membership can cost up to $10 million over five years — Comcast Corp.'s NBCUniversal has been reluctant to support OpenAP …
Discussion:
Broadcasting & Cable, MediaPost, Radio & Television …, Ad Age, FierceCable, @awolk, @alexbruell, Adweek and AdExchanger
Jaclyn Peiser / New York Times:
Harper's Magazine Editor James Marcus says he was fired after a story by Katie Roiphe was assigned over his objections; he says he refused severance tied to NDA — James Marcus wants the world to know that he was fired from his job as the editor of Harper's Magazine.
Discussion:
@nicole_cliffe, The Cut, @dalemaharidge, @nicole_cliffe, @moorehn, @magiciansbook, @ashleyfeinberg, @jamesamarcus, @jayrosen_nyu, @felixsalmon, @theprophetpizza, @amandamarcotte, @jeffkoyen, @nicole_cliffe, @clarajeffery, @timobrien, @alexiscoe, @jbarro, @danielleiat, @mekosoff, @_jessebarron, @nicole_cliffe and Publishers Lunch
Ryan Faughnder / Los Angeles Times:
Sources: Netflix has considered buying movie theaters in New York and Los Angeles; it decided not to pursue LA-based Landmark Theatres due to high price — Netflix, the global streaming giant that has dramatically changed the TV industry and clashed with movie theater owners …
Discussion:
@latimes, The Playlist, Vanity Fair, @scottporch, @andredoesthings, IndieWire, @scott_tobias and UPROXX, more at Techmeme »
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CNNMoney:
In Ireland, Facebook rolls out a new tool that gives users more information about creators of sponsored posts and political ads ahead of abortion referendum — Zuckerberg wants you to remember Facebook started in his dorm — Facebook says it has learned the lessons of Russian meddling in the 2016 election.
Discussion:
The Irish Times and BBC
Sara Jerde / Adweek:
HelloGiggles, bought by Time Inc. in 2015 and now part of Meredith, launches a print version, with a 500K-copy initial run sent to People subscribers age 18-39 — The millennial-focused website launched in 2011 — Readers of HelloGiggles can hold the website's content in their hands …
Discussion:
Folio, @ginainterrupted and @hellogiggles
Variety:
MoviePass auditor has “substantial doubt about the company's ability to continue” given MoviePass pays most theaters full price for its users' tickets — Senior Film and Media Editor @BrentALang FOLLOW — An independent auditor has raised “substantial doubt” …
Discussion:
Business Insider, TechCrunch, Variety, PAPER, The A.V. Club, /Film, The Playlist and The Verge
Joe Pompeo / Vanity Fair:
Source: Meredith rejected a $300M+ offer for Time, Fortune, Money, SI from AMI; interest in the outlets is from wealthy individuals with non-media backgrounds — Meredith is entertaining offers for Time Inc.'s old crown jewels, to be sold together or separately—but Donald Trump's favorite publisher is not in the running.
Discussion:
Washington Post
Caitlin Ostroff / Save Student Newsrooms:
Shrinking ad revenue and rising print costs are forcing student newspapers to turn to universities for funding, leading to potential editorial pressure — The Amherst Student. The Daily Campus. The Sunflower. — Over the last few years, in the face of shrinking finances …
Discussion:
@melissagomez004, @juliaccarpenter, @taveljimena, @ceostroff, @taveljimena, @taveljimena, @caitlindewey, @patthomas1318 and @macloo
Ashley Gurbal Kritzer / Tampa Bay Business Journal:
The Tampa Bay Times is cutting about 50 jobs across departments; spokeswoman says the cuts are a direct response to rising costs from newsprint tariffs — The Tampa Bay Times is cutting “approximately” 50 jobs after new tariffs sent the price of newsprint skyrocketing.
Discussion:
@davidsirota, @kristenorsborn, @kirbywtweets, HuffPost and @journo_christal
Wall Street Journal:
Regulatory filing confirms 21st Century Fox rejected Comcast offer largely due to antitrust risks, even though bid was 16% higher per share than Disney's offer — Fox agreed instead to sell entertainment assets to Disney in $52 billion deal — 21st Century Fox Inc. FOX -.73% rejected …
Discussion:
FierceCable, @shalini, New York Times, @pkafka and @shalini
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