Mediagazer: While BuzzFeed's audience for lifestyle content is large, its news unit drove its first two deals with Netflix and Hulu as it works to find revenue beyond ads (Sahil Patel/Digiday)

9:30 AM ET, June 1, 2018

Top News:

Sahil Patel / Digiday:

While BuzzFeed's audience for lifestyle content is large, its news unit drove its first two deals with Netflix and Hulu as it works to find revenue beyond ads — BuzzFeed has built a sizable audience on YouTube and Facebook with its entertainment and lifestyle content.

Discussion: Wall Street Journal, The Information, @beejoli, @digiday, @shani_o, @rafat and @shiraovide

Benjamin Mullin / Wall Street Journal:

Cheddar buys MTV Networks on Campus, a news and entertainment network piped into US college campuses, from Viacom and will rename it CheddarU — Cheddar Inc. wants to be the big cheese on campus. The financial-news streaming service aimed at young people has purchased MTV Networks on Campus …

Discussion: @adambain, @ericharris and Multichannel News

Todd Spangler / Variety:

Internet pay-TV service Philo adds Cheddar Big News, Tastemade, and PeopleTV channels to its base package — It's a trend: Philo is the latest internet pay-TV service to plug linear channels from digital-media companies into its low-cost “skinny” bundles. — Philo, whose backers include …

Discussion: Multichannel News and FierceCable

Pew Research Center:

Pew Research study of US teen internet usage finds 85% say they use YouTube, 72% use Instagram, 69% use Snapchat, while only 51% say they use Facebook — YouTube, Instagram and Snapchat are the most popular online platforms among teens. Fully 95% of teens have access to a smartphone, and 45% say they are online ‘almost constantly’

Tim Mak / NPR:

Reporter Tim Mak posts audio of 2015 legal threats from Michael Cohen: “Tread very fucking lightly” and “I will take you for every penny you still don't have” — Donald Trump's lawyer Michael Cohen is facing legal peril, including an FBI raid of his home and office …

Ken Doctor / Nieman Lab:

Once Tronc closes on LA Times sale, sources say clean balance sheet could make Tronc a takeover target; filing says five execs could get $23.5M if Tronc is sold — For a company that's known little but chaos in its short life, the degree of uncertainty is now as high as ever.

Discussion: @scribeguy, @niemanlab, @latlands, @ctguild, @danbeucke, @laobserved, @laura_nelson, @mattdpearce and @mattdpearce

Kriston Capps / CityLab:

Study of 1,266 US counties from 1996-2015 finds government costs in cities increase when local newspaper close and can no longer act as watchdogs — When local newspapers shut their doors, communities lose out. People and their stories can't find coverage. Politicos take liberties when it's nobody's job to hold them accountable.

Discussion: @ndhapple, @citylab, @patc and The Rural Blog

Sara Jerde / Adweek:

New York Media, Pop Sugar, and Rolling Stone join Concert, a digital ad marketplace founded by Vox Media and NBCU — Vox Media claims Concert will reach nearly 90% of internet users — Concert, the digital ad marketplace founded by Vox Media and NBCUniversal, is further expanding …

Discussion: Wall Street Journal, @bankoff, @asharma, @reckless, @concert, AdExchanger and Business Insider

Wall Street Journal:

Early data after GDPR shows Google and Facebook are drawing ad money by gathering users' consent for targeted ads at far higher rates than competing services — Digital ad giants are gathering individuals' consent for targeted ads at far higher rates than many competing online-ad services, early data show

Discussion: @krmaher, @nxthompson, @jeffjarvis, @dangillmor, MediaPost, @profcarroll, @kimmaicutler, Fast Company and Fortune

Anthony D'Alessandro / Deadline:

Fandango and Comcast launch a new voice integration for Xfinity X1 users that lets them purchase tickets from their TV while watching a movie preview — Advance tickets for Universal's June 22 release Jurassic World: Fallen Kingdom went on sale today and at the same time Fandango …

Ned Berke / Center for Cooperative Media:

Facebook's plans to manage promoted political content: a machine learning classifier begins June 6 and will scan text and images for terms related to politics — Facebook announced on May 24 that any Facebook Page promoting political content on the platform will need to follow the platform's rules for …

Discussion: @nberke and @nberke

Margaret Harding McGill / Politico:

How Sinclair will keep some control of four TV stations it plans to sell after Tribune deal; ex-FCC chair Tom Wheeler says “it borders on a regulatory fraud” — Sinclair makes side deals that could place Republican-leaning programming on stations it won't own.

Discussion: @jayrosen_nyu, @timkarr, @michaelschaeff2, @bkingdc and @notaaroncraig

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