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Felix Salmon / Slate:
Bloomberg is already well funded by terminals; one reason Bloomberg is adding paywall is because it can, another may be to offset expenses of Bloomberg TV — In recent years, hundreds of publications have started putting up some version of an online paywall.
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Sarah Frier / Bloomberg:
Sources: Facebook has been conducting market research to determine whether an ad-free subscription-based version would spur more people to join the network — - Internal debate whether users will pay to avoid advertisments — Data-privacy crisis forces company to seek to regain trust
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Parag Agrawa / Twitter:
Twitter urges all users to change passwords after it found a bug that stored unmasked user passwords in an internal log; no indication of breach or misuse found — When you set a password for your Twitter account, we use technology that masks it so no one at the company can see it.
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Todd Spangler / Variety:
CEO Susan Wojcicki says YouTube now has 1.8B logged-in users each month, announces new content deals with Will Smith, Coachella, and more — Video site renews deals for ad-supported shows Demi Lovato, Kevin Hart, Slow Mo Guys — YouTube now has 1.8 billion logged-in users each month …
Sahil Patel / Digiday:
Sources: Snap has ended its licensing fee agreement with publishers who chose it in 2016; all publishers will rely on ad revenue from Snapchat Discover — Snap is no longer paying licensing fees to publishers for their Snapchat Discover channels, leaving those publishers instead to live off advertising.
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Sara Fischer / Axios:
Group Nine Media's NowThis to launch NowBreaking, a breaking news channel exclusively for Snapchat Discover, in June
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Alison Flood / The Guardian:
The Swedish Academy says it will announce the Nobel Prize in Literature for 2018 in 2019, amid sexual assault allegations against husband of academy member — The Swedish Academy, which has become mired in controversy over its links to a man accused of sexual assault, announced on Friday morning …
Voice of America:
Press freedom groups release report on threats to US media, citing whistleblower prosecutions, stigmatization by politicians, restrictions on public information — With the observation of World Press Freedom Day on Thursday, a group of press freedom organizations is calling attention …
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Brian Stelter / CNNMoney:
Dozens of news organizations partner to promote high-quality journalism in an ad campaign that encourages consuming a variety of news outlets
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Erin Griffith / Wired:
Pandora study finds that too many ads can push users to subscribe, but not enough to compensate for lost ad revenue from those listening less due to more ads — AT BEST, ADVERTISING is something people tolerate while consuming media. At worst, it's a turnoff.
Ashley Dean / Denverite:
Chuck Plunkett, the Denver Post editorial page editor who organized pieces rebuking Alden Global, resigns after execs reject a new editorial he wrote on Alden — Chuck Plunkett, the Denver Post editorial page editor behind the paper's unprecedented call-out of its hedge fund owners, has resigned.
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Dom Cosentino / Deadspin:
Senior writer Peter King is leaving Sports Illustrated after 29 years, signing an exclusive agreement with NBC that includes his Monday Morning NFL column — After 29 years at Sports Illustrated, Peter King is leaving to join NBC. — SI announced King's departure a few minutes ago …
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Garett Sloane / Ad Age:
Sources: Google plans to unveil new Google News design and app at I/O; new design has elements of the Newsstand app, YouTube, uses AMP tech on desktop, mobile — Google is revamping Google News with a new design that will incorporate elements of the Newsstand app and YouTube, according to people familiar with the plans.
Discussion:
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Anthony Ha / TechCrunch:
A look at BuzzFeed's Vidder, a video editing tool that lets anyone in the company build a video within minutes, no experience required — Although the “pivot to video” has been notoriously challenging for most publishers, they can't exactly give up on video.
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