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11:55 AM ET, May 8, 2018

Mediagazer

 Top News: 
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 …
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.
Discussion: @verambergen
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.”
RELATED:
Denver Newspaper Guild:
The Denver Post's newsroom releases a statement in support of former Editorial Page Editor Chuck Plunkett  —  To our readers:  —  Newspapers tell the truth.  —  They must.  Always.  —  That is why we, the newsroom of The Denver Post, are outraged at the unconscionable censorship imposed …
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  —  Donald Trump's election exposed the irrelevance of conservative intellectuals — and thereby, the incoherence of many a liberal publication's mission statement.
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” …
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” …
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  —  “We weren't sure how they would work out initially — the format sounded a little analog to us...As we've continued to do them, we noticed momentum building."
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: MediaPost and Broadcasting & Cable
Natalie Jarvey / Hollywood Reporter:
A look at what Hollywood insiders are using cryptocurrencies for: investing, financing and distributing films, and, in one instance, a plot point in a romcom  —  It's little shock the volatile virtual currency has the attention of entertainment industry speculators (and their wary business managers) …
Discussion: Recode and Fortune
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 …
 
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 More News: 
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
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
Discussion: Melville House Books
Natalie Jarvey / Hollywood Reporter:
The Interactive Advertising Bureau, organizer of the Digital Content NewFronts, is bringing the event to LA in October this year for two days
 Earlier Picks: 
Sara Fischer / Axios:
Cheddar, the streaming video network dubbed the “CNBC for millennials”, is launching its own business-focused news channel for Snapchat Discover
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
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