Top News:
Nate Lanxon / Bloomberg:
Facebook CTO says only verified accounts will be allowed to pay for political ads in the UK and users will be able to view all promotions paid for by a campaign — Social network's CTO makes promises to British lawmakers — Facebook Inc. said it will make sure political ads on its platform …
Discussion:
Washington Post, UK Parliament, Columbia Journalism Review and @bpolitics, more at Techmeme »
Bloomberg:
A look at YouTube's strategy moving forward from a painful year, as it tries to rein in abusive content while encouraging creators and reassuring advertisers — Extremist propaganda, dangerous hoaxes, videos of tasered rats—the company is having its worst year ever. Except financially.
Discussion:
@mhbergen, @lucas_shaw, @lucas_shaw, @mikeisaac, @pkafka, @cwarzel and Fast Company
Ashley Gold / Politico:
House hearing on social media content filtering devolved into partisan bickering as vloggers Diamond and Silk denied Trump campaign paid them despite FEC data — A House Judiciary Committee hearing headlined by pro-Trump video-bloggers Diamond and Silk quickly devolved into yelling …
Deadline:
Plan B and Annapurna Pictures have acquired the rights to produce a film about how the NYT, Jodi Kantor, and Megan Twohey broke the Weinstein story — EXCLUSIVE: Annapurna and Plan B have partnered to acquire the rights to give Spotlight-like treatment to the story of how New York Times reporters Jodi Kantor …
Discussion:
HuffPost, New York Times, The A.V. Club, The Guardian, Variety, IndieWire and The Wrap
Cynthia Littleton / Variety:
Time Warner Q1: revenue up 3% YoY to $8B; Turner's and HBO's subscription revenues increased 8% and 10%, respectively as Warner Bros. revenue fell 4% to $3.2B — Time Warner saw a year-over-year decline in operating income in the first quarter largely due to higher programming and marketing costs at Turner and HBO.
Discussion:
The Wrap, MediaPost, Broadcasting & Cable, The Wrap, Thomson IR, Hollywood Reporter, AT&T and CNET
Natalie Jarvey / Hollywood Reporter:
A look at the future of Hulu, which, sources say, is nearing 20M subscribers, up 18% in 4 months aided by Handmaid's Tale and Live TV — As season 2 of the reigning Emmy champ debuts and the streaming service once nicknamed “Clown Co.” now nears 20 million subscribers …
Discussion:
@natjarv, @joanne_rowney, @thr and @webbarr
Gothamist:
Gothamist officially relaunches today after acquisition by WNYC; eight former staff members have rejoined the site — And, we're back! It's really terrific to see you again. (Not that we can literally see you through the camera in your computer or smartphone; it's just an expression) (You look great though.)
Discussion:
@jenist, @jakedobkin and @davidklion
Julia Fioretti / Reuters:
EU lawmakers, member states strike preliminary deal to make streaming platforms finance production of local content in proportion to revenues in the country — BRUSSELS (Reuters) - EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries …
Discussion:
Engadget
Reuters:
The New York Times names company veteran Roland Caputo as CFO, replacing James Follo, who announced his retirement in October — (Reuters) - The New York Times Co (NYT.N) on Thursday named Roland Caputo as its next chief financial officer, tapping a company veteran to succeed James Follo whose retirement was announced in October.
Discussion:
Business Wire
Hollywood Reporter:
MoviePass hasn't offered a $10/mo for 1 movie/day plan to new subscribers since April 13, offering 4 movies/mo and 3 months of iHeartRadio All Access instead — The subscription service famous for supplying a movie ticket per day for just $9.95 a month hasn't been offering that wildly popular package since April 13.
Discussion:
Business Insider, Engadget, 9to5Mac and Gizmodo, more at Techmeme »
Facebook:
Facebook reports Q1 advertising revenue of $11.8B, up 50% YoY, of which ~91% comes from mobile, up from 85% in Q1 2017 — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2018. — “Despite facing important challenges, our community and business …
Discussion:
MediaPost, Gizmodo, New York Magazine, Ad Age, TechCrunch and VentureBeat, more at Techmeme »
Associated Press:
Daily Camera editor Dave Krieger is fired after publishing an editorial critical of the newspaper's hedge fund owners, Alden Global Capital, on a blog — https://apnews.com/8b3968defe7748b6acd0 c049e97b0047 — BOULDER, Colo. (AP) — An editor at The Daily Camera who published a critical editorial …
Discussion:
@davekrieger, Denver Westword, The NewsGuild - CWA, @darrendcarroll and @tombergeron5
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