Top News:
Reuters:
News Corp beats estimates with Q3 revenue of $2.09B, up 5.8% YoY, records net loss of $1.13B mainly due to write-downs for Telstra/Foxtel deal in Australia — (Reuters) - News Corp (NWSA.O), controlled by media mogul Rupert Murdoch, topped analysts' estimates for quarterly revenue on Thursday …
Discussion:
Wall Street Journal, News Corp., Yahoo! News and CNBC
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Financial Times:
News Corp CEO Robert Thomson calls for governments to create an “algorithm review board” to keep tech companies in check — The head of News Corp has called for governments to create an “algorithm review board” to keep tech companies in check, the latest in a long line of attacks …
Discussion:
Deadline and Sydney Morning Herald
Rosalind S. Helderman / Washington Post:
Internal AT&T documents show it made a $600K deal with Cohen days after inauguration, specifying he would advise on Time Warner merger and on matters before FCC — Three days after President Trump was sworn into office, the telecom giant AT&T turned to his personal attorney Michael Cohen …
Discussion:
The Root, The Hill, @klasfeldreports, @jamilsmith, The Wrap, @ericuman, @joenbc, Slate, Dealbreaker, Vanity Fair and New York Magazine
David Skok:
Interview with Google News VP Richard Gingras on data privacy, Google's internal culture and politics, criticism ahead of the GDPR, and rethinking journalism — The head of Google News discusses the news ecosystem, responds to GDPR criticism, and answers the question: Is Google really a child of the open web?
Discussion:
@niemanlab, Nieman Lab, @sophienadeau, @mrjohncrowley, @mdichristina, @jason_kint, @niemanlab, @niemanlab and @jason_kint
Paul Sawers / VentureBeat:
Spotify announces a hateful content and conduct policy to distance itself from controversial artists and introduces AudioWatch tool to scan its back catalog — Spotify has announced a new hate content and hateful conduct policy as it looks to distance itself from controversial music artists …
Discussion:
The Atlantic, Bloomberg, myfox8.com, newsroom.spotify.com, Ad Age, @emceenetwork, @vdare, @buzzfeedben, @danrys, @pitchfork, The Verge and @mtfiii, more at Techmeme »
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Dan Rys / Billboard:
Spotify removes R. Kelly and rapper XXXTentacion from the service's playlists, including-algorithmically generated ones, as part of new “hateful conduct” policy
Discussion:
The Hill, The Scottish Sun, New York Times, CBS Los Angeles, @ericajoy, Vanity Fair, @anildash, CelebrityAccess, NewsBusters, The Daily Beast, @bhorowitz, @lkherman, The Root, The Outline, FOX40, Refinery29, TMZ.com, The A.V. Club, Fast Company, PAPER, Washington Post, TechCrunch, CBS Dallas, Slate, Fortune, Gizmodo, The Guardian, Engadget, Business Insider, The FADER, Consequence of Sound, Vox, Music Business Worldwide, Mashable, Hits Daily Double and The Muse, more at Techmeme »
Anthony Ha / TechCrunch:
IAB report: online advertising exceeded total spent on broadcast and cable TV in 2017, reaching $88B, a 21% increase from 2016; mobile rose 36% YoY to $49.9B — Online advertising reached $88 billion last year, a 21 percent increase from 2016 and a new high, according to the latest IAB Internet Advertising Revenue Report.
Discussion:
@jason_kint, MediaPost, MediaPost, Adweek, Ad Age, IAB and AdExchanger, more at Techmeme »
Tariq Panja / New York Times:
How sports programs are being stolen from Qatar's beIN Sports, which has rights from France, Spain, Turkey; BeIN traced pirated signal to Saudi Arabia's Arabsat — DOHA, Qatar — What do you do when your multibillion dollar sports network has been stolen? — Executives at Qatar's beIN …
Discussion:
@andrewmleber and @grantwahl
Louis Lucero II / New York Times:
Novelist Junot Díaz steps down as Pulitzer Prize board chairman while the board conducts a review of sexual misconduct allegations against him — The Pulitzer Prize board has opened an independent review of sexual misconduct allegations against the award-winning novelist Junot Díaz …
Shan Wang / Nieman Lab:
Medium abruptly ends feature that let publishers use the platform to collect revenue from their own subscriptions, affecting 21 publishers — “Could we have a better metaphor for the way Silicon Valley considers local journalism?" fumed the owner of one of these remaining publications.
Bloomberg:
House Democrats release 3,519 Facebook ads from Russia-linked accounts, spanning 2015 to 2017, showing a coordinated campaign to sow distrust in US politics — - House Intelligence Committee Democrats publish 3,519 ads — Posts targeted specific groups to inflame civil discord
Discussion:
Washington Post, Digiday, @adamfelber, ABC News, @axios, NBC News, @byrontau, @byrontau, Facebook, Kent Garry, Sarah Ashman, Amy Siskind, @noupside, @facebook, @nbcnews, @firstdraftnews, @oneunderscore__, @sarahfrier, Wall Street Journal, Associated Press, Wired and USA Today, more at Techmeme »
Greg Dool / Folio:
Meredith nearly doubles National Media revenues with Time Inc. acquisition but thins profit margins, reporting revenue of $479.3M and operating profit of $9M — Meredith Corp.'s ongoing integration of Time Inc. has nearly doubled revenues for its national media business …
Discussion:
PR Newswire, Meredith Corporation and Radio & Television …
Jeff Baumgartner / Broadcasting & Cable:
The rate of decline in pay TV subscriptions slowed in Q1, analyst Craig Moffett says, with cable operators losing 323K subscriptions and satellite losing 418K — ‘Conversion rate’ from traditional pay TV to OTT TV a particularly good trend for major programmers, analyst says
Discussion:
MediaPost and FierceCable
Josh Marshall / Talking Points Memo:
Talking Points Memo staff unionizes with Writers Guild of America East, joining other media sites including Thrillist, Vox Media, and Vice — This morning I was coming into work after attending my son's school play and got an email from our editorial staff in DC and NY telling …
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