Mediagazer: Sirius XM beats expectations with Q1 earnings of $289M, up 40% YoY, on revenue of $1.4B, up 6% YoY; total subscribers rise to 33M+ (Sirius XM Holdings Inc.)

3:45 PM ET, April 25, 2018

Top News:

Reporters without Borders has released its annual press freedom report-card and the US is ranked 45th in the world; Philippines slid to #133 and Turkey to #157 — Last weekend, as Nicaragua's police brutally cracked down on protesters demonstrating against President Daniel Ortega …

Discussion: Reporters Without Borders, Reporters Without Borders, @whca, @kathleencarrll, The Daily Beast, @vinodjose, @nilanjanaroy, @astroehlein, @birgitmschwarz, Japan Times, @jrezaian, @askakorean, @joshrogin, @jason_kint, Al Jazeera English and Politico

Natalie Jarvey / Hollywood Reporter:

Netflix orders one of its first shortform series, Follow This, a weekly docuseries following BuzzFeed News journalists as they work, premiering July 9 — The shortform series will follow the journalists at BuzzFeed News as they report a variety of stories.

Discussion: Nieman Lab, YouTube, The Wrap, Columbia Journalism Review, Variety, @buzzfeedben, Fast Company, @mathewi, @journalistslike, @believekarolina, @azeen, @scaachi, @pranavdixit, The Daily Caller and Slate

New York Times:

Danish inventor Peter Madsen convicted of murdering journalist Kim Wall; court heard how he invited her on to his submarine with the intention of killing her — COPENHAGEN — A Danish inventor who admitted to dismembering a journalist and discarding her body from the submarine he built …

Discussion: CNN, The Wrap, @afreedma, Politico, @kennwhite, @erinlea7, @emilynussbaum, @ap and Committee to Protect …

Mark Sweney / The Guardian:

The Guardian halves its losses to £19M in the year to the end of March and is on track to break even in 2018 — Publisher reports smaller than expected loss of £19m as benefits of tabloid switch filter through — The publisher of the Guardian and Observer halved its losses …

Discussion: @helenpidd

Sahil Patel / Digiday:

Viacom says it is working with Snap on multiyear original content and ad deal that would include Snapchat influencers in new and existing shows — Viacom and Snapchat are working together to create new shows that would star top Snapchat stars. — In a multiyear original content …

Discussion: @kerrymflynn

Reuters:
Viacom Q2 earnings: revenues fell 3.3% to $3.15B with domestic affiliate revenue falling 4% to $934M

Discussion: The Wrap and The Wrap

Justin Baragona / Contemptor:

Infosec expert for Joy Reid says significant evidence exists that her old blog was compromised and some recently circulated posts were not on site at any time — Earlier this week, Mediaite published a bombshell report on the discovery of a large number of homophobic posts that had been discovered …

Discussion: Mediaite, Washington Post, Fox News, @erikwemple, @ggreenwald, @angryblacklady, @angryblacklady, @liamstack, Web Science …, @phonedude_mln, shoqvalue.com, @bernstein and Mediaite

Chris Butler / Internet Archive Blogs:
Wayback Machine says it declined to take down “fraudulent” blog posts after Joy Reid's lawyers contacted archive; robots.txt later excluded blog from archives

Discussion: Washington Post, Politico, Mediaite, TVNewser, Reason, New York Magazine, Variety, Slate, The Wrap, CNNMoney, Contemptor, The Daily Beast, HuffPost, TV Tattle, New York Times, The Daily Caller, PFLAG, Fast Company, Splinter, BuzzFeed, @dangillmor, @kfile, Boing Boing, The Intercept, New York Post and @ggreenwald

Chronicle of Higher Education:

Drew Cloud, an “expert” on student loans quoted by WaPo, CNBC, and The Boston Globe, is a fictitious persona created by a student finance company — Drew Cloud is everywhere. The self-described journalist who specializes in student-loan debt has been quoted in major news outlets …

Discussion: UPROXX, @mollyhc, @zittrain, @edpolicyhabash, @ralphehanson, @muckrakery, @trace_urdan, @dynarski and Talking Biz News

Jonathan Randles / Wall Street Journal:

Filing: Peter Thiel agrees to withdraw bid for Gawker website and archives, will give eventual buyer legal release for archived articles — Billionaire venture capitalist will sit out sale of dormant blog to avoid potential legal claims against him — Billionaire investor Peter Thiel …

Discussion: Variety, MediaPost, The Wrap, Fast Company, Mediaite, Hollywood Reporter, @albertburneko, @smorgasboredom, @hamiltonnolan, @tomscocca, @theseantcollins, @edmurrieta, @freedomofpress, Editor & Publisher and Columbia Journalism Review, more at Techmeme »

Christopher Williams / Telegraph:

Comcast makes £22B bid for British broadcaster Sky, at £12.50 a share, sparking a bidding war with 21st Century Fox and Disney — The US cable behemoth Comcast has declared a bidding war with 21st Century Fox and Disney for control of Sky by making a formal bid for Britain's dominant pay-TV operator.

Discussion: Broadcasting & Cable, Multichannel News and Business Insider

Sirius XM Holdings Inc.:

Sirius XM beats expectations with Q1 earnings of $289M, up 40% YoY, on revenue of $1.4B, up 6% YoY; total subscribers rise to 33M+ — SiriusXM today announced first quarter 2018 operating and financial results, including revenue of $1.4 billion, increasing 6% versus the prior year period.

Discussion: Yahoo! Finance, MarketWatch and Seeking Alpha

Washington Post:

The Washington Post, The New York Times, Politico, Associated Press, and CNN ask court to unseal records from Mueller's Russia investigation — A coalition of news organizations, including The Washington Post, asked a federal court on Tuesday to unseal materials used by special counsel Robert S. Mueller III …

Discussion: Politico and CNN

Eriq Gardner / Hollywood Reporter:

Judge lets discrimination suit against Fox News by Scottie Nell Hughes proceed but trims some claims; she alleged she was raped by host Charles Payne in 2013 — Scottie Hughes alleges being blacklisted after complaining of sexual assault by Fox Business host Charles Payne.

Discussion: Los Angeles Times, The Hill and Bloomberg

Jon Lafayette / Multichannel News:

Conviva report: viewing of OTT video grew by 114% YoY in Q1, with total viewing hours reaching nearly 5B across mobile, connected TV, and desktop — Total viewing hours reach nearly 5 billion — Viewing hours of over-the-top, internet-delivered video grew by 114% in the first quarter from a year ago …

Discussion: MediaPost, TechCrunch and FierceCable

Chris Roush / Talking Biz News:

Memo: staff in The Wall Street Journal's editing operation have been asked to reapply for their jobs following reorganization — Jason Anders, chief news editor at The Wall Street Journal, and Steve Wisnefski, editor of professional news, sent out the following message to the staff on Tuesday:

Discussion: @michellemanafy, @dabeard and @moorehn

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More News:

Paul Sawers / VentureBeat:
Podcasting startup Castbox raises $13.5M Series B led by SIG China and says it has doubled its user base to 15M since October 2017

Discussion: TechCrunch, more at Techmeme »

Todd Spangler / Variety:
Comcast Q1 earnings: $22.8B in revenue, boosted by a 21.3% increase in revenue at NBCUniversal, but lost 93K cable customers while gaining 351K broadband subs

Discussion: Multichannel News, MediaPost and Broadcasting & Cable

Ingrid Lunden / TechCrunch:
Online travel magazine Culture Trip raises $80M Series B; founder says the startup has 300 paid contributors and publishes 3,000 articles per month

Discussion: Financial Times, Business Insider, Business Wire and VentureBeat

Ina Fried / Axios:
Oath, which owns Yahoo and AOL, is changing its terms of service to force users to give up their class action lawsuit rights in the US

Discussion: @inafried

New York Times:
Records and interviews show the head of security for EPA chief Scott Pruitt moonlighted for National Enquirer publisher AMI amid the 2016 campaign

Discussion: The Daily Caller, Washington Post, @kenvogel and @ericliptonnyt

Earlier Picks:

Kellen / Droid Life:
Source: Google Play Music will be replaced by YouTube's upcoming music streaming service, with Play Music users forced to use the new service by the end of 2018

Discussion: RAIN News, Fortune, Engadget, The Next Web, 9to5Google, @matthewkeyslive and @mhbergen, more at Techmeme »

Mark Anderson / Sacramento Business Journal:
McClatchy's Sacramento Bee announces plans to lay off or buy out 14 editorial staffers and eight working on production and copy desk, effective in early May

Discussion: @sacbiz, Comstock's magazine, @rl_bynum, @mattdpearce, @kylebuis, @callaghanpeter, @andrewsheeler, @fergusonbj, @byrosenberg, @newsfletch, @byrosenberg and @byrosenberg

Cynthia Littleton / Variety:
Sinclair revises plan for Tribune deal, would sell 23 TV stations, keep New York's WPIX, sell but operate Chicago's WGN, end up with 215 stations in 102 markets

Discussion: New York Post, Broadcasting & Cable, TVSpy, The Wrap, Reuters, Radio & Television …, @jeffjarvis, @jayrosen_nyu, @jayrosen_nyu and sbgi.net

Charlie Warzel / BuzzFeed:
Some YouTube thumbnails depicted bestiality, now pulled; YouTube says monitoring tech missed because bestiality thumbnails may lack signals of typical porn

Discussion: TechCrunch, CNNMoney, Engadget, Business Insider, Mashable, The Verge, @pkafka, @jimwaterson, @gaywonk, @mattmittenthal, @cwarzel, @cwarzel and @cwarzel, more at Techmeme »

Jordan Crook / TechCrunch:
Spotify launches a redesigned mobile app for its free users that lets them listen on-demand to any song on one of 15 personalized discovery playlists

Discussion: Slate, RAIN News, Engadget, Fortune, VentureBeat, MacRumors, Recode, Fast Company, @alexeheath, The Verge, @daigosweden, @alexeheath, Engadget, TechHive and @lucas_shaw

From Techmeme:

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M

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