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4:00 PM ET, May 7, 2018

Mediagazer

 Top News: 
Nicholas Kristof / New York Times:
Coverage of Donald Trump has become part of the media's business model in 2018, leaving too little room for coverage of issues like the opiod crisis  —  We in the commentariat complain about President Trump, but we're locked in a symbiotic relationship with him.
RELATED:
Steph Harmon / The Guardian:
Speaking at a panel at Sydney Writers' Festival, journalists like WaPo's Irin Carmon and NYT's Jenna Wortham discussed the difficulties of covering #MeToo  —  For anyone who thought the movement had lost momentum, the last few days have proved otherwise  —  Hours before the cornerstone …
RELATED:
New York Times:
Writer Zinzi Clemmons accuses novelist Junot Díaz of forcibly kissing her and of writing an autobiographical essay in the New Yorker to pre-empt accusations  —  The novelist Junot Díaz was in a relaxed and playful mood on a panel at a writers festival in Australia on Friday …
New York Times:
The Phnom Penh Post sold to Malaysian investor; senior editors ousted over a story about the connection between the investor's firm and the Cambodian government  —  PHNOM PENH, Cambodia — A newspaper widely seen as the last bastion of a free press in Cambodia has been sold to a Malaysian investor …
David Folkenflik / NPR:
Tronc agrees to recognize journalists' unions at its Chicago-area publications, including The Chicago Tribune, suburban outlets, and design/print center  —  The troubled Tronc media company agreed Sunday evening to recognize unions to represent journalists in negotiations at its Chicago-area publications …
Peter Kafka / Recode:
Warner Music Group has sold 75% of its stake in Spotify for ~$400M; Sony said last week it sold about half of its Spotify shares for ~$750M  —  First Sony, now Warner Music Group.  —  As Spotify was getting its subscription music service off the ground, the world's biggest music labels took equity stakes in the company.
Discussion: Ad Age, RAIN News, @lucas_shaw and 9to5Mac
Reah Bravo / The New York Review of Books:
Essay by former Charlie Rose intern and producer on why she put up with sexual harassment from Rose despite advance knowledge that his behavior was well-known  —  Of all my assignments for Charlie Rose, the one that came with the oddest sense of happiness was when he asked that I unclog …
Sara Fischer / Axios:
Cheddar, the streaming video network dubbed the “CNBC for millennials”, is launching its own business-focused news channel for Snapchat Discover  —  Cheddar, the streaming video network dubbed the “CNBC for millennials” is launching its own business-focused news channel for Snapchat Discover.
Sahil Patel / Digiday:
In Q&A, anonymous former NewFronts presenter says NewFronts are too expensive, not tailored to advertisers, and don't lead to many deals  —  The Digital Content NewFronts were created in the hopes that the digital video industry could build a market for its content in the same way the TV industry does with its annual upfront.
Discussion: Adweek
RELATED:
Natalie Jarvey / Hollywood Reporter:   The Interactive Advertising Bureau, organiser of the Digital Content NewFronts, is bringing the event to LA in October this year for two days
New York Daily News:
A New York Post police reporter was fired after admitting a “brief personal relationship” with a prostitute who was a source for his story on police corruption  —  The New York Post's police bureau chief was axed after admitting he had an affair with a hooker who's the star witness …
Discussion: Daily Mail
Ken Doctor / Nieman Lab:
Alden plans 10-15% budget cuts at the Denver Post and other DFM properties; sources say at least one lender to withdraw financing after editorial resignations  —  Former Denver Post owner Dean Singleton is upset that the paper he built “has been totally gutted of news coverage...It is breaking my heart.”
Peter Kafka / Recode:
YouTube reached an agreement with Vevo last year, in an unannounced deal, to sell Vevo's clips directly to advertisers as part of Google Preferred  —  Good for YouTube and for the music labels.  What about for Vevo?  —  The world's biggest video site is also the world's biggest music video site.
Discussion: Fast Company and Engadget
 
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 More News: 
Financial Times:
Baidu, Alibaba, and Tencent are investing heavily in short videos as the format explodes in China; analyst says the top four apps had 582M users last quarter
 Earlier Picks: 
Shan Wang / Nieman Lab:
As GDPR enactment approaches, news publishers worry about properly interpreting the law, making consent user-friendly, organizing data, and Google's attitude
Discussion: MediaPost
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
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
 

 
From Techmeme:

Rose Henderson / Bloomberg:
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month

A.J. Vicens / Reuters:
US and Canadian agencies warn that Chinese hackers are using Brickstorm malware to penetrate and maintain backdoor access to unnamed government and IT entities

Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges
 
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