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4:55 PM ET, August 29, 2018

Mediagazer

 Top News: 
Catie Edmondson / New York Times:
International Trade Commission unanimously overturns Trump administration's tariff on Canadian newsprint, finding US paper producers are not harmed by imports  —  WASHINGTON — The International Trade Commission on Wednesday overturned a Trump administration decision to impose tariffs on Canadian newsprint …
RELATED:
Ken Doctor / Nieman Lab:
Sources: Donerail Group has the financing to purchase Tronc in a possible $640M-$700M deal; if completed, Donerail would sell off papers to individual buyers  —  Rupert Murdoch owning the New York Daily News?  A McCormick controlling the Chicago Tribune again?
Tim Peterson / Digiday:
The Young Turks Network says it has 27,000 subscribers paying $5-$10 per month for ad-free content, accounting for almost half of its overall revenue  —  In August 2017, digital video news publisher The Young Turks Network raised $20 million from Hollywood mogul Jeffrey Katzenberg's WndrCo to grow its subscription business.
Discussion: Tubefilter
RELATED:
Jon Levine / The Wrap:
Sources: The Young Turks lays off ~15 people, ending some of its non-political programs; cuts come less than two months after ouster of senior on-air talent  —  Layoffs come just two months after some of the channel's most senior on-air talent including Nomiki Konst and Hannah Cranston were let go
Discussion: VideoInk
Robert Mitchell / Variety:
Facebook announces the international rollout of Facebook Watch, which first launched in the US a year ago this month, starting on Thursday  —  Facebook has announced the international rollout of Facebook Watch, its video destination for episodic content, which first launched in the U.S. a year ago this month.
New York Times:
Barnes & Noble's board says former CEO Demos Parneros was fired last month for sexual harassment and bullying, adding to earlier allegations of policy violation  —  When Barnes & Noble fired its chief executive, Demos Parneros last month, the bookseller was mysteriously quiet about why.
Discussion: CNBC and Fortune
Anthony Ha / TechCrunch:
Netflix has hired Vernā Myers in the newly-created role of VP, Inclusion Strategy, tasking her with diversifying the company  —  Netflix has hired Vernā Myers in the newly-created role of vice president, inclusion strategy.  —  Myers has spent the past two decades at the head …
Jim Waterson / The Guardian:
As the Mail on Sunday and Daily Mail usually adopt opposing stances, and the Daily Mail begins opposing Brexit, Mail on Sunday fires a Remain columnist  —  Star columnist let go by Dacre loyalist as old boss Geordie Greig takes over at sister paper  —  The Mail on Sunday's incoming editor …
Discussion: Press Gazette
 
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 More News: 
Sara Fischer / Axios:
Progress News Network to launch a daily, 2.5 minute Facebook exclusive newscast aimed at 35+ year-olds on September 4; revenue focus to begin after the midterms
Discussion: Tubefilter and Editor & Publisher
The Information:
Sources: Amazon is planning to launch a free, ad-supported video service for its ~48M Fire TV streaming video device users that is being developed by IMDb
 Earlier Picks: 
James Vincent / The Verge:
Trump accuses Google of rigging its search results to suppress positive news about him and says the situation “will be addressed”
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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