Mediagazer: Meredith Q4: $16.7M earnings vs $43.4M in Q4 2017; revenue of $788.1M vs $445.4M in Q4 2017; plans to complete sale of Time, Fortune, SI in coming months (Meredith Corporation)

10:30 AM ET, August 10, 2018

Top News:

Greg Roumeliotis / Reuters:

Sources: Donerail Group, led by former Starboard Value LP executive Will Wyatt, is in advanced talks to acquire Tronc — (Reuters) - Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive Will Wyatt, is in talks to acquire Tronc Inc (TRNC.O) …

Discussion: Chicago Tribune, @chicagotribune, CNNMoney, New York Post, @alexparker, @lynnemarek and @gerryfsmith

Wallace Witkowski / MarketWatch:
Tronc reports Q2 revenue of $253M, up 3.9% YoY and net loss of $15.1M

Discussion: Reuters, Business Insider, MarketWatch and @lynnemarek

Oliver Darcy / CNNMoney:

Analysis of Infowars Twitter content shows videos that led to YouTube and other bans were still live, while other tweets showed more Twitter rules violations — Why Facebook,YouTube and Apple are removing InfoWars content — Twitter's vice president for trust and safety, Del Harvey …

CNNMoney:

Laura Ingraham's remarks about “massive demographic changes” fed into pattern of white nationalist ideas at Fox News, raising questions about Murdochs' stance — Fox News host addresses controversial comments — It wasn't so much a dog whistle as it was an airhorn. Or perhaps a primal scream.

Discussion: CNN, Deadline, @juddapatow, Business Insider, Quartz, @brianstelter, @davidklion, @joshscampbell, @nadinevdvelde, HuffPost, The Daily Beast, Mediaite, HuffPost, TV Tattle, Media Matters for America and The Wrap

Richard Allan / Facebook:

VP of policy details Facebook's limits to free speech: physically or financially endangering people, intimidating via hateful words, tricking people for profit — Hard Questions is a series from Facebook that addresses the impact of our products on society.

Discussion: New York Times, @arischulman, TechCrunch, Fortune, @mekosoff, @jfruh, @max_read and @cwarzel, more at Techmeme »

Max Fisher / New York Times:
After treating Facebook-fueled violence as occurring only in developing countries, the company now finds wealthier places aren't immune from hate speech issues

Discussion: Peter O'Kelly's Reality Check, @niemanlab, Marketing Land, Nieman Lab, @splcenter, @sharonwaxman, @amelia_acker, @rasmus_kleis, @raeuberhose, @samarajiva, @rajit_h, @max_fisher, @jjvincent, @ericeweir, @kellyriess and BuzzFeed News

Jeffrey A. Trachtenberg / Wall Street Journal:

Condé Nast CEO outlines plan for growth: diversify revenue away from ads, shed titles, cut staff; says company is studio shopping to help boost video efforts — Owner of magazines including Vogue, Vanity Fair wants to diversify revenue away from advertising, shed some titles

Discussion: New York Post, @mplsgilyard, @mwityk, @erik_hayden and Daily Front Row

Meredith Corporation:

Meredith Q4: $16.7M earnings vs $43.4M in Q4 2017; revenue of $788.1M vs $445.4M in Q4 2017; plans to complete sale of Time, Fortune, SI in coming months — Full Year Revenues Increase More Than 30 Percent to Over $2.2 billion — Digital Business Generates Record Traffic and Financial Performance, Led by People.com

Discussion: @alexweprin

Alex Hardiman / Facebook:

Facebook continues to test ways to deliver developing news; latest test lets publishers connect story updates, with readers getting notified of new content — By Alex Hardiman, Head of News Products — On June 23, 2018, floodwaters suddenly trapped a team of teenage soccer players who'd been exploring a cave complex in Thailand.

Jason Schwartz / Politico:

Amid Trump's anti-media rhetoric and after the Capital Gazette shooting, TV and print media outlets increase security, including adding bodyguards at rallies — TV networks are employing security guards at the president's high-octane rallies. — Notebooks, mics, cameras, hairspray …

Discussion: @philmeyer, @ewstephe and The Daily Caller

New York Times:

As small papers report more layoffs because of Trump's tariffs on Canadian newsprint, one study says US newsprint prices will rise 30%+ in one to two years — WASHINGTON — The Trump administration's decision to impose tariffs on Canadian newsprint is hastening the demise of local newspapers across …

Discussion: @sulliview, Wisconsin Newspaper …, @spsullivan, @invw, @brettdl and @dangillmor

Elizabeth Spiers / Washington Post:

The former EIC of NY Observer says Jared Kushner's demand that an IT worker delete several stories fits with the Trump family's hostility to journalism — I was editor in chief of the New York Observer when he allegedly had stories removed from the digital archive in secret.

Discussion: @netaustin, @davidpriess and @espiers

Tribune Media Investor Relations:

Tribune Q2 results: revenue rose 4% YoY to $489.4M, net income rose to $84.4M, up from a net loss of $30.4M in Q2 2017 — Tribune Media Company (NYSE: TRCO) (the “Company") today announced that it has terminated its merger agreement (the “Merger Agreement") with Sinclair Broadcast Group …

Discussion: Axios, Gothamist, Techdirt and TechCrunch

Charles Riley / CNNMoney:
Tribune calls off its $3.9B merger with Sinclair, sues Sinclair for breach of contract, seeking $1B in damages

Discussion: Chicago Tribune, Chicago Business, @trickfreee, Broadcasting & Cable, Peter O'Kelly's Reality Check, Free Press, TVNewser, @lynnemarek, @hadas_gold, Media Matters for America, Mediaite, @repmikequigley and @senblumenthal

Dave McNary / Variety:

Lionsgate tops estimates in Q2 with a loss of $7.9M on revenue of $932.7M, announces agreements to launch Starzplay channels in France, Italy, and Spain — Lionsgate has topped Wall Street estimates by reporting a loss of $7.9 million, or 4 cents per share fully diluted …

Discussion: MediaPost, The Wrap, Deadline, Hollywood Reporter and The Wrap

Erik Wemple / Washington Post:

Sources: 60 Minutes producer Michael Radutzky screamed at colleagues, threw objects, twisted colleague's arm as executive producer Jeff Fager tolerated conduct — In June 2007, “60 Minutes” senior producer Michael Radutzky stepped forward at a Peabody Awards ceremony to accept recognition …

Discussion: @postopinions, @washingtonpost and TV Tattle

Archived Page Info:

This is a snapshot of Mediagazer at 10:30 AM ET, August 10, 2018.

View the current page or another snapshot:

Who's Hiring in Media?

Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

South Reporter, GA/Remote — ProPublica

Private Capital Reporter, London — FT

Staff Writer, MI — Watershed Voice

Articles Editor, CA — SF Standard

Pharma Reporter, Remote US — Endpoints

Metro Reporter, TN — Daily Memphian

Higher Ed. Reporter, Remote CA — EdSource

Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Business Reporter, TX — Fort Worth Report

Senior Narrative Editor, CA — Cloud Chamber

News Correspondent, MS — Magnolia Tribune

Accountability Reporter, NC — Charlotte Observer

Editor-in-Chief, NY (flexible) — The 74

Housing Reporter, OK — The Frontier

Writer/AI Content Reviewer, CA — Outlier

Writer/Editor, Remote — Mediaite

Political Reporter, TX — Courier Newsroom

Afternoon/Night Editor, NH — Keene Sentinel

Education Lab Editor, WA — Seattle Times

Staff Writer, MA/Remote — Tech Advisor

State Worker Reporter, CA — Sacramento Bee

Executive Editor, NM — Searchlight

Reporter, NC — NC Newsline

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

BBC:
Sky News Australia is removed from Melbourne train stations by Victoria state officials after Sky airs an interview with Nazi sympathizer Blair Cottrell

Discussion: @jacintaallanmp, ABC, NEWS.com.au, The Guardian, The Guardian and iMediaEthics

Lukas I. Alpert / Wall Street Journal:
News Corp beats estimates with revenue of $2.69B, a 29% increase YoY, reports net loss of $372M attributable to shareholders, in part due to Foxtel transaction

Discussion: Sydney Morning Herald, News Corp and Reuters

Ali Breland / The Hill:
Microsoft Azure threatened to block microblogging site Gab.ai if two posts from a neo-Nazi were not removed within 48 hours; the author then removed the posts

Discussion: @johnpaczkowski, Fortune, Engadget, The Daily Caller and @mmasnick, more at Techmeme »

Christine Schmidt / Nieman Lab:
The Wall Street Journal has revamped its newsletters, whittling from 126 to about 40, trimming length, adding subscription requests, and improving interactivity

Discussion: @fpmarconi, @rwhelanwsj, @anotherhelen, @whatthebit and @steverubel

Shan Wang / Nieman Lab:
Interview with Karin Pettersson, Schibsted's director of public policy, on her new role and the publication's relationship with Google and Facebook

Discussion: @ab_karin, @georgdiez1, @niemanlab, @jayrosen_nyu and @rasmus_kleis

Earlier Picks:

Chaim Gartenberg / The Verge:
Samsung and Spotify partner to build Spotify's services into smartphones, Bixby, and other Samsung devices

Discussion: Rolling Stone, Complete Music Update, @spotifynews, The Drum, Music Business Worldwide, @jwangark, newsroom.spotify.com, Variety, CNBC and @spotify, more at Techmeme »

Lincoln Pigman / New York Times:
Authorities in Belarus detained at least 18 journalists, accusing them of illegally obtaining information from a state news agency; six have been released

Discussion: @rferl, @pressfreedom, @pressfreedom, @article19europe, @europeangreens, @solidaritycntr, @franksesno, @pressfreedom, Politico, Washington Post, Associated Press, Radio Free Europe/Radio …, The Irish Times and Reuters

Ken Bensinger / BuzzFeed News:
Shareholders sue Televisa, alleging the media giant used a subsidiary to pay FIFA bribes to win broadcast rights to the World Cup in 2018, 2022, 2026, and 2030

Discussion: @kenbensinger and @kenbensinger

From Techmeme:

Bloomberg:
Sources: Tesla to clear a key hurdle to introduce its advanced assisted driving features in China by partnering with Baidu for mapping and navigation functions

Mark Gurman / Bloomberg:
Sources: the new iPad Pro may launch with an M4 chip, kicking off Apple's AI strategy that will be expanded at WWDC; the new Pencil will have haptic feedback

Wall Street Journal:
Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page