Mediagazer: At the Star-Tribune, budgeting starts with estimating print ad revenue decline and making up for it with events, digital subscription growth, e-commerce, more (Rick Edmonds/Poynter)

5:05 AM ET, May 6, 2018

Top News:

After resignation of Denver Post's editorial page editor, two editors resign amid budget cuts by hedge fund owner; Dean Singleton resigns from editorial board — DENVER (AP) — Three top figures at The Denver Post, including its former owner, resigned Friday amid budget and staff cuts …

Discussion: @underoak, The Colorado Independent, Newser, New York Times, Associated Press and Denver Westword

Carole Cadwalladr / The Guardian:

UK's ICO orders Cambridge Analytica to hand over data it has on a US voter who brought a complaint, including how the data was obtained and what it was used for — In landmark cross-border decision, Information Commissioner's Office gives company 30 days to comply with David Carroll's request

Discussion: Engadget, @profcarroll, TechCrunch, @profcarroll, @chrisinsilico, @jamesrbuk and Gizmodo, more at Techmeme »

Tim Peterson / Digiday:

Apple paid BuzzFeed for first-window rights for a documentary series and gave a cut of ad revenue, in a push to make Apple News a high-quality video distributor — Apple has become so serious about competing with Facebook, Google/YouTube and Twitter as a distribution outlet for news publishers …

Discussion: Engadget, VentureBeat and MacRumors, more at Techmeme »

Max Willens / Digiday: Business Insider's lifestyle brand, Insider, shifts staff from making News Feed videos to Facebook Watch and adds YouTube channels as Facebook engagement drops

Rick Edmonds / Poynter:

At the Star-Tribune, budgeting starts with estimating print ad revenue decline and making up for it with events, digital subscription growth, e-commerce, more — Two years ago I chronicled how the Star Tribune of Minneapolis had become a widely celebrated fast horse in the slow field of metropolitan newspapers.

Discussion: @kkschwab, @beaudry_paul, @krish_eh, @treveischen, @jayolstadtv and @bryan_pietsch

Romain Dillet / TechCrunch:

Italian startup Freeda Media raises $10M in Series A led by Alven Capital, plans to expand its female-focused branded content and native advertising to Spain — Italian startup Freeda Media is raising a $10 million Series A round led by Alven Capital. U-Start and business angels are also participating in the round.

Discussion: unquote.com, FinSMEs, EU-Startups and PE Hub Blog

Pete Vernon / Columbia Journalism Review:

Profile of CNN's Brian Stelter, who says his job has changed from reporting facts to taking a stand and giving reported analysis in the Trump era — Screenshot via CNN. — On a recent Sunday morning, 20 minutes before his show goes live, Brian Stelter is multitasking.

Discussion: @megdalts, @cjr, @kfunder, @virginiahughes and @realsaavedra

Keith J. Kelly / New York Post:

Meredith CEO says deadline for first-round bids on Time, SI, Money, Fortune is May 11; company expects $100M for Fortune; SI expected to fetch $150, says source — More than 150 potential buyers are circling some or all of the four magazines that Meredith is selling off — Time, Sports Illustrated, Fortune and Money.

Discussion: Deadspin

Omaha World-Herald:

Warren Buffett says only perhaps the New York Times, WSJ, and Washington Post have a digital product with robust enough revenue to be viable over the long-term — Warren Buffett, the CEO of Berkshire Hathaway, walks the convention floor during the Berkshire Hathaway Annual Shareholders Meeting …

Discussion: Wall Street Journal, @barbarasoderlin, @lexalexander and @barbarasoderlin

Elizabeth Flock / PBS NewsHour:

Inside the DC offices of Sputnik, a Russian-government funded media outlet that is “more pernicious” than RT, and operates in 34 countries in 30+ languages — One day this past fall on my morning commute from D.C. to Virginia, I tuned the radio to 105.5 FM, expecting to hear my usual bluegrass.

Discussion: @asluhn and @lizflock

David McCabe / Axios:

Starting July 10, Google will require people buying ads related to candidates in US federal elections to be US citizens or lawful permanent residents — People buying Google ads related to candidates in U.S. federal elections will have to prove they are U.S. citizens or lawful permanent residents beginning July 10, the company says.

Discussion: New York Times, The Verge, Gizmodo, TechCrunch, The Hill and The Keyword

Jackie Spinner / Columbia Journalism Review:

Profile of one-year-old The Triibe, a Chicago digital media site for black millenials that wants to counter the legacy media narrative of a broken city — Morgan Elise Johnson (left) and Tiffany Walden, co-founders of The Triibe. Photo by Keeley Parenteau.

Scott Bay / Wired:

How filmmakers could use machine learning, trained on data from prior box office hits, to predict a movie's success by understanding what motivates moviegoers — Like, for example, Avengers: Infinity War, which made a record-breaking $258 million at the domestic box office last weekend …

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More News:

Christine Schmidt / Nieman Lab:
A look at The Local Europe, a group of sites across nine countries, which offers expats practical advice and hopes to convert its community into paying members

Jonah Engel Bromwich / New York Times:
On YouTube, channels that stream music nonstop resemble pirate radio stations; they benefit from the site's algorithms but are susceptible to copyright policing

Discussion: @thatericalper

Jacob Kastrenakes / The Verge:
Apple shutting down Texture's magazine app on Windows after acquisition, will continue support for other platforms; Windows app was neglected before acquisition

Discussion: Engadget, MacRumors and 9to5Mac, more at Techmeme »

Ashley Feinberg / HuffPost:
Transcript of a Q&A between Atlantic EIC Jeffrey Goldberg and Ta-Nehisi Coates, a day after cutting ties with Kevin Williamson, in front of the Atlantic's staff

Discussion: @adamweinstein, The Daily Beast, Hot Air and Mediaite

Maxwell Tani / The Daily Beast:
Sources: Hollywood Reporter-Billboard Media Group President John Amato derailed stories on harassment allegations against his friend, record exec Charlie Walk

Discussion: @maxwelltani, Fast Company and Vulture

Nick Statt / The Verge:
Vine co-founder Dom Hofmann postpones Vine successor v2 indefinitely, citing need for funding, logistical issues conflicting with early-stage startup he runs

Discussion: MacRumors, The Next Web, Tubefilter, Gizmodo, TechCrunch, 9to5Mac, The FADER and Variety, more at Techmeme »

Earlier Picks:

Sahil Patel / Digiday:
At its NewFronts presentation, Vice announced it has bought Villain, a 12-person events company in Brooklyn that produces over 300 events a year

Jeremy Barr / Hollywood Reporter:
Uproxx, owners of BroBible, Uproxx, and HitFix, lays off about 10 staffers as it shifts to video production; some sources say the number of layoffs is 14-20

Discussion: @mathewi and Tubefilter

John Micklethwait / Bloomberg:
Consumers are coming around to paying for content again, and relying on readers for income presents fewer ethical dilemmas for editors than chasing ads

Discussion: @mathewi, @g_piechota, @filloux, @felixsalmon, @bryanrieger and Slate

Roy Peter Clark / Poynter:
An appreciation of longform journalism, which requires focus and time, but rewards with more complexity, nuanced arguments, and deeper immersion

Discussion: @roypeterclark, @henneked, @roypeterclark and @poynter

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

Discussion: Nieman Lab and Columbia Journalism Review, more at Techmeme »

From Techmeme:

Devindra Hardawar / Engadget:
Mac mini (2024) review: incredibly fast with the M4 Pro, well-equipped for creative work, and smaller design takes less space, but spec upgrades are overpriced

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours

New York Times:
Sources: before Trump's win, Elon Musk asked him to hire SpaceX staff as top government officials, including in the DOD, a sign of the benefits Musk may reap

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