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5:00 PM ET, May 8, 2018

Mediagazer

 Top News: 
Gizmodo Special Projects Desk:
Univision has been in decline for years, with a shark-obsessed boss, millions wasted on consultants, and an executive who insisted on publishing softcore porn  —  This is the story of how corporate raiding, complacency, excess, and incompetence are gutting a media company that matters to tens of millions of people.
Reuters:
Sources: Comcast is preparing an all-cash bid for 21st Century Fox's media assets which it has agreed to sell to Disney, but bid is dependent on AT&T case  —  (Reuters) - U.S. cable operator Comcast Corp is asking investment banks to increase a bridge financing facility by as much as $60 billion …
RELATED:
Mathew Ingram / Columbia Journalism Review:
NewsWhip data shows Facebook's algorithm changes have adversely affected the engagement rates of quality news sources like the NYT and NBC  —  Some recent data on the best-performing news brands on Facebook seems to show that high-quality new sources are getting less engagement on Facebook …
Joshua Fruhlinger / Thinknum Media:
Analysis of Apple's job listings suggests that the company appears to be investing in a newsroom, recruiting for staff positions like Politics Editor  —  There's a certain air of mystery as to what Apple ($NASDAQ:AAPL) is up to when it comes to content.  In March, Apple acquired digital …
Discussion: 9to5Mac
Erik Wemple / Washington Post:
CNN is currently battling to keep its editorial guidelines secret, as part of a legal battle over an investigative piece from June 2015  —  The New York Times puts its editorial guidelines on the Internet, for all to sample.  So does The Post.  BuzzFeed published its “News Standards And Ethics Guide” …
Discussion: @niemanlab and @jayrosen_nyu
Brian Stelter / CNNMoney:
Christiane Amanpour named as Charlie Rose's official replacement  —  Christiane Amanpour will officially replace Charlie Rose on PBS stations across the country.  —  The move was made official at the public broadcaster's annual meeting on Tuesday.  It has been in the works for five months …
Brian Steinberg / Variety:
Following its merger with Scripps Networks, Discovery posted an $8M loss in its Q1 but revenue soared 43% YoY to ~$2.31B  —  The acquisition of Scripps Networks Interactive is likely to be a boon to the new Discovery Inc., which has swelled in size thanks to the companies' recent merger.
Discussion: The Wrap and MediaPost
Jason Guerrasio / Business Insider:
SEC filing: MoviePass parent Helios and Matheson Analytics had $43.4M on hand on April 30 and average cash deficit of $21.7M/month since Sept.; stock down 29%  —  - On Tuesday, MoviePass' parent company, Helios and Matheson Analytics, said in a filing with the Securities and Exchange Commission …
Brian Steinberg / Variety:
Vox Media used Recode Editor Kara Swisher for a sponsored audio ad for HBO's Silicon Valley series, heard on some of Vox's podcasts, including Recode's  —  Vox Media publishes many articles that get people talking.  But now the company is doing something it hopes will get its consumers to listen …
Politico:
Scott Pruitt fast-tracked a water district in California for clean-up at the personal request of conservative radio host Hugh Hewitt  —  EPA Administrator Scott Pruitt placed a polluted California area on his personal priority list of Superfund sites targeted for “immediate and intense” …
 
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 More News: 
Jeremy Barr / Hollywood Reporter:
PopSugar lays off 19 people, about 5% of its staff, in an effort to reach profitability
Discussion: @itstheannmarie
Tim Baysinger / The Wrap:
ESPN has agreed to a deal with UFC to broadcast 15 matches on its newly-launched streaming service beginning in 2019, source say for $150M
 Earlier Picks: 
Shan Wang / Nieman Lab:
In an experiment to connect with readers, the New York Times hosts conference calls for subscribers that feature reporter interviews and audience questions
Eric Levitz / New York Magazine:
Liberal publications like The Atlantic can have ideological diversity without hiring sub-standard conservative writers with ideas that are demonstrably false