Mediagazer: 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 (Alexandra Bruell/Wall Street Journal)

1:30 PM ET, April 19, 2018

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 …

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, The Daily Caller, CNBC, East Bay Times, @david_ingram, @mikarv, @felixsalmon, Gizmodo, The Hill, @markfollman, @profcarroll, @swiftonsecurity and @profcarroll, more at Techmeme »

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

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, Vanity Fair, @scottporch, IndieWire, @andredoesthings, @scott_tobias and UPROXX, more at Techmeme »

David Sims / The Atlantic: The standoff between Netflix and the Cannes Film Festival reflects disagreement that will be hard to resolve over the importance of theatrical movie experiences

Matthew Garrahan / Financial Times: Sources: Netflix plans to spend ~$1B on original productions in Europe this year, more than double what it spent last year, across multiple languages

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, @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.

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

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

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 — The tabloid news company American Media Inc. agreed to let a former Playboy model out of a contract that had kept her from talking freely …

Discussion: Vanity Fair, Washington Post, The Week, CBS News, NBC News, East Bay Times, VICE News, Bustle, Newser, UPROXX, The Wrap, Mediaite, Slate, TMZ.com, @arimelber, @kylegriffin1, @evan_rosenfeld and @joncoopertweets

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A look at The Denver Post's gilded age of sports coverage in the 1980s, as longtime columnists and reporters mourn its decline and some defect to The Athletic

Discussion: @montecristo, @kylenewmandp, @chuckmindenhall, @mattdpearce, @bryancurtis, @joeyrkaufman, @mikejudsondp, @mccarthyryanj, @robert_matthew, @salimvalji and @cnewquist

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