Mediagazer: Gizmodo Media Group launches The Inventory, a commerce site with product guides, travel deals, and more, with an initial staff of four (Max Willens/Digiday)

8:45 AM ET, May 18, 2018

Top News:

Mathew Ingram / Columbia Journalism Review:

Accepting funding from Google and Facebook raises tough questions for media and researchers about influence, conflict of interest, and working with competitors — In March, Google announced with much fanfare the launch of the Google News Initiative, a $300 million program aimed at …

Discussion: @mathewi, Nieman Lab, @emilybell, @eamonn, @lauraelizdavis, @emilybell, @asherschechter, @datatheism, @grove, @jason_kint, @jon_allsop, @jbenton, @mathewi, @sophienadeau, @elvanathaci, @digiphile, @farai, @asherschechter, @soktaykilic, @digiphile, @digiphile, One Man & His Blog and @mollydeaguiar, Thanks:@adders

Trey Williams / The Wrap:

CBS board of directors votes to issue dividend that would dilute Redstone family's interest from about 80% to 20% and postpones annual meeting — CBS Corporation's board of directors voted on Thursday to dilute controlling shareholder Shari Redstone's interest to 20 percent from roughly 80 percent.

Discussion: New York Times, New York Times, Radio & Television …, New York Times, Multichannel News, @gadyepstein, @cnbcnow, Hollywood Reporter, Broadcasting & Cable, Recode and Wall Street Journal

Meg James / Los Angeles Times:
Judge rules in favor of Redstone family's National Amusements, allowing them to keep tight control over CBS ahead of planned board meeting

Discussion: Variety, BloombergQuint, @brianstelter, Bloomberg, CNNMoney, Hollywood Reporter and Hollywood Reporter

Jon Levine / The Wrap:

Fox News names Suzanne Scott as its new CEO; Scott was previously president for programming and development — Fox News has named Suzanne Scott as its new Chief Executive Officer, the company announced on Thursday. — “Suzanne has been instrumental in the success of Fox News …

Discussion: Vanity Fair, Multichannel News, Mediaite, New York Times, @lisabloom, The Daily Beast, Variety, The Daily Caller, Hollywood Reporter, @nycsouthpaw, @claireatki, TV Tattle and BBC

Max Willens / Digiday:

Gizmodo Media Group launches The Inventory, a commerce site with product guides, travel deals, and more, with an initial staff of four — Gizmodo Media Group turned commerce content into revenue before it was cool by serving up deals and focusing relentlessly on what its audience wanted.

Discussion: Adweek, The Inventory, MediaPost, Fusion Media Group and @raju

Nicholas Diakopoulos / Columbia Journalism Review:

As deepfakes rise, journalists with forensic training could act as trusted validators and should codify transparent verification procedures for video and text — A few weeks ago BuzzFeed published a video of former President Barack Obama making some decidedly out-of-character quips.

Todd Spangler / Variety:

Media outlets plan saturation coverage of the royal wedding: Snapchat is producing a four-part series with TLC, BBC and CNN will stream for free early Saturday — The British royal wedding of Prince Harry and Meghan Markle — the first American princess in generations — is a global-zeitgeist event made-to-order for social media.

Discussion: Folio, @ranimolla, Fortune, The Ringer, Recode and TVSpy

Erik Wemple / Washington Post:

The New York Times admits it buried information about the FBI's investigation of the Trump campaign in a front-page story just before the 2016 election — The upside of the New York Times' aggressive coverage of the FBI investigation into Russian election meddling is that the American public …

Discussion: Wired, The Daily Caller, Fox News, @johnmcquaid, Slate, Poynter, The Rush Limbaugh Show, @kimmasters, @natesilver538, @ericboehlert, @johnmcquaid, @theplumlinegs, @johnmcquaid and @johnmcquaid

Deadline Detroit:

Reporters and ex-students detail history of inappropriate behavior by Jack Lessenberry, head of Wayne State's comms dept., Toledo writing coach, and MPR analyst — The authors, 2004 graduates of Wayne State University, are freelance writers and former students of Jack Lessenberry.

Discussion: @apstamm, Deadline Detroit, Deadline Detroit, @thomasmorgan, @nwarikoo, @bladeguild, @chadlivengood and @wynneeverett

Sara Fischer / Axios:

Facebook announces partnership with US-based think tank Atlantic Council aimed at helping deter manipulation of the platform during elections around the world — Facebook today will announce a partnership with the Atlantic Council aimed at helping deter manipulation of the platform during elections around the world.

Discussion: Facebook, The Daily Caller, Splinter, The Hill, Gizmodo, Adweek, The Outline, Engadget and Reuters, more at Techmeme »

The GroundTruth Project:

Report for America, a national service program that places journalists into local newsrooms, announces its full 2018 class of 13 journalists — NEW YORK — Report for America, a non-partisan national service program that places journalists into local newsrooms, has announced its complete Class of 2018.

Discussion: Report for America, @report4america, @obedmanuel, @groundtruth and Chicago Sun Times

Todd Spangler / Variety:

YouTube TV adds channels for Tastemade and TYT Network, with 10 new series from Tastemade in 2018 and four new shows from TYT at launch — YouTube TV is bringing two digital-first media companies — Tastemade and TYT Network (aka the Young Turks) — into the pay-TV realm.

Discussion: TVNewser, 9to5Google, VideoInk, Engadget and Mediaite

Peter Kafka / Recode:

YouTube launching a paid version of YouTube Music next week at $10/month; YouTube Red being replaced by YouTube Premium at $12/month — YouTube Music is launching Tuesday, and YouTube Red is going away. It's being replaced by YouTube Premium, and it will cost extra.

Discussion: Music Industry Blog, NPR, BuzzFeed, The Verge, /Film, Lefsetz Letter, BloombergQuint, Gizmodo, MediaPost, @recode, @inagames and The FADER, more at Techmeme »

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More News:

Lisa Richwine / Reuters:
Netflix on track to release 86+ original films in 2018, more than the top four studios combined, says 33 films released this year have been watched 300M+ times

Discussion: @lianabaker, The Daily Caller and Fortune

Mark Sweney / The Guardian:
Digital radio audience surpasses FM and AM radio in the UK for the first time in Q1 2018 in part thanks to Alexa; listening online and via apps grew 17% YoY

Discussion: @louisen91316

BuzzFeed:
YouTube's Super Chats, which allow paid comments on live streams, are partially underwriting videos with hate speech; YouTube says it will revisit policies

Discussion: @buzzfeednews, @datasociety, @crislopezg, The Hill, @gadyepstein, @chantalbraganza, @craigsilverman, @veille_nc, @alextohme and @mrbrianhughes, more at Techmeme »

Shan Wang / Nieman Lab:
Reuters study finds major news sites in seven European countries averaged 81 third-party cookies per page, compared to 12 per page on other popular sites

Rael Ombuor / Voice of America:
Kenya passes broadly worded cybercrime law that criminalizes online bullying and “fake news” with potential penalty of two years in jail and/or up to $50K fine

Discussion: BusinessLIVE, Freedom House and Editor & Publisher

Earlier Picks:

Alex Thompson / VICE News:
Facebook's new US ad buying rules block an estimated 11M undocumented immigrants as well as people in DACA from buying political ads

Discussion: @unitedwedream, @domesticworkers, @brendan_fischer, @womenbelong, @alxthomp, @freepressaction and The Guardian

Lucas Shaw / Bloomberg:
Former YouTube exec raises $50M for Next 10 Ventures to help creators with large followings on YouTube, Instagram, and Twitch make money

Andrew Rice / Wired:
Profile of the FCC chairman Ajit Pai, a nerdy conservative ideologue reviled by some and cast as a hero by others for orchestrating net neutrality repeal

Discussion: Recode, The Wrap, Fortune, Broadcasting & Cable, Ars Technica and Free Press

Sara Fischer / Axios:
Pro-Trump media continues to spread across platforms, including broadcast radio and TV, cable, and new digital sites

Discussion: Media Matters for America, TVNewser, @ericwolfson and BloombergQuint

From Techmeme:

Wall Street Journal:
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change

Victoria Song / The Verge:
Meta rolls out multimodal AI in early access for the Ray-Ban Meta Smart Glasses, mainly to help identify objects, translate signs, and write Instagram captions

Ming-Chi Kuo:
Sources: Apple cut 2024 Vision Pro shipments to 400K-450K units, vs. a 700K+ market consensus, and US demand has “fallen sharply beyond expectations”

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