Top News:
CNNMoney:
Amid its Time Warner merger, AT&T confirms it paid Trump's personal lawyer Michael Cohen for “insights” on administration in 2017 — AT&T confirmed Tuesday evening that it paid President Trump's personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.”
Brian Steinberg / Variety:
NBCUniversal releases internal report on Matt Lauer probe, says “Today” managers had no prior knowledge of inappropriate conduct — NBCUniversal said managers at its venerable “Today” show and at NBC News had no knowledge of inappropriate behavior by star anchor Matt Lauer prior …
Natasha Lomas / TechCrunch:
Facebook bans foreign spending on ads about Ireland's May 25 abortion referendum, enables Irish users to see all ads any advertiser is running — Facebook has announced it has stopped accepting ads paid for by foreign entities that are related to a referendum vote in Ireland later this month …
Discussion:
The Guardian, New York Times, Business Insider, WIRED UK, The Irish Times, @lornabogue, BBC and CNNMoney, more at Techmeme »
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Georg Szalai / Hollywood Reporter:
21st Century Fox has struck a deal to acquire seven TV stations from Sinclair Broadcast Group for $910M, in key NFL markets, like Denver, Miami, and Seattle — The news of the purchase of stations in key NFL markets, such as Denver, Miami and Seattle, comes after Fox's $52.4 billion December mega-deal …
Discussion:
The Wrap, Variety and Radio & Television …
Kevin Merida / ESPN Front Row:
ESPN is discontinuing its Public Editor position, following a recommendation from the company's editorial board, citing the rise of social media — EDITOR'S NOTE: Kevin Merida, ESPN Senior Vice President and Editor-in-Chief for The Undefeated, also serves as Chair of ESPN's Editorial Board.
Discussion:
@kathyenglish
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.
Wall Street Journal:
Sources: James Murdoch, mentioned as possibly taking a senior position at Disney after it buys 21st Century Fox, plans to strike out on his own if deal closes — 21st Century Fox CEO had been mentioned as possibly taking senior position at Disney; plans possible venture-capital fund
Discussion:
Reuters, Recode, Techdirt, Multichannel News, New York Times, @keachhagey, @jbflint, @jbflint, Mediawire, Reuters and /Film, more at Techmeme »
Variety:
A breakdown of pay packages of media execs in 2017 including Moonves, who was compensated $69.3M, Bewkes, who received $49M, and Zaslav, who got $42.2M — It's good to be the king, Mel Brooks famously joked in “History of the World: Part 1.” — When it comes to the entertainment business, he was especially right.
Discussion:
@brentalang and Ad Age
Skift:
Lonely Planet CEO Daniel Houghton is leaving for another role; source says parent company NC2 is pursuing a sale five years after purchasing it from the BBC — Lonely Planet has weathered the death of the guidebook better than any of its peers, and its new leader will need to figure …
Discussion:
Publishers Lunch and Bookseller News
Ben Schreckinger / Politico:
Sources: the Qatari government has sought to acquire a major stake in Newsmax, the conservative media company run by President Donald Trump's friend Chris Ruddy — The Persian Gulf state, owner of Al Jazeera, has sought to invest in the conservative news outlet with ties to Trump.
Discussion:
Slate
Stu Woo / Wall Street Journal:
Vodafone to buy some of cable giant Liberty Global's European assets, including operations in Germany, Hungary, Romania, and Czech Republic, for €18.4B — Deal includes operations in Germany, Hungary, Romania and Czech Republic, would create one of the continent's biggest telecommunications carriers
Discussion:
The Guardian, Multichannel News, Vodafone, Bloomberg, Fortune, Sky News, Financial Times, BBC, Broadband TV News, LegalWeek.com, Broadband TV News and City A.M., more at Techmeme »
Kurt Badenhausen / Forbes:
The NBA and Intel announce plans to jointly evaluate tech startups for investment and collaboration, seeking to “create a new immersive media world” — LeBron James added another iconic moment to his brilliant career Saturday night with a one-handed, buzzer-beating bank shot while drifting away from the basket.
Discussion:
TechCrunch and VentureBeat, more at Techmeme »
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