Top News:
Wall Street Journal:
Federal prosecutors have evidence of Trump's participation in American Media Inc.'s payoffs of Stormy Daniels and Karen McDougal, a violation of election laws — New link at Wall Street Journal
Discussion:
Mediaite, Variety, Atlanta Journal-Constitution, Daily Mail, Talking Points Memo, CNN, Washington Post, The Hill, Vox, Slate, NBC News, Axios, Splinter, Raw Story, The Week, Fortune, @scout_finch, CNBC, @hiremeimfunny, VICE News, Hill Reporter, The Guardian, New Republic, Boing Boing, TVWeek.com and Arkansas Blog, Arkansas Times
Drew Harwell / Washington Post:
Press Secretary Sanders tweeted a video that experts say was altered and which made Jim Acosta's encounter with a White House intern appear more violent — White House press secretary Sarah Sanders on Wednesday night shared a video of CNN reporter Jim Acosta that appeared to have been altered …
Discussion:
Associated Press, @presssec, Pew Research Center, Wired, New Yorker, Wall Street Journal, @rafaelshimunov, Washington Post, The Daily Beast, The Verge, Rolling Stone, BuzzFeed News, @cwarzel, @brianstelter, @oliverdarcy, Tubefilter, @farhip, Hmm Daily, Media Matters for America, Fast Company, Sputnik International, New York Times, The Daily Caller, New York Post, The Verge, Gothamist, @nppalawyer, @buzzfeednews, @fbajak, @danpfeiffer, @jaketapper, New York Times, @nppalawyer, @jonmladd, @mattortega, @knicksfanblog, @news_guild, @tomemburyd, Lefsetz Letter, The Overspill, The Wrap, @normeisen, NPPA, @brendannyhan, @tigerbeat, @cdisillusion, @drfrancesryan, @rafaelshimunov, @jackiekcalmes, @davidfrum, @buzzfeedben, @jk_rowling, Slate, Nicholas Kristof, Mother Jones, Vox, Hit & Run, Fast Company, Media Matters for America, New York Post, Rewire.News, The Independent, HuffPost, Business Insider, Mashable and The Daily Beast
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Margaret Sullivan / Washington Post:
CNN should sue the White House for taking away Jim Acosta's press pass under a false pretext, and press-rights groups and media outlets should join in — CNN White House correspondent Jim Acosta is a smart, tough reporter. He can also be a grandstander who seems to thrive on conflict with President Trump …
Discussion:
@melissakchan, Poynter, @presssec, @jeffmason1, Poynter, @acosta, @sulliview, Columbia Journalism Review, @joelockhart, @sopandeb, @sopandeb, @jeffjarvis, @rcfp, @ronwyden, @ejdionne, @davidakaye, @indexcensorship, @trevortimm, Politico, @pattonoswalt, @chuckrossdc, @jonathanwpeters and Mediaite
Jeffrey A. Trachtenberg / Wall Street Journal:
Meredith sells Fortune magazine to Thai businessman Chatchaval Jiaravanon for $150M — The sale to Chatchaval Jiaravanon gives the business publication a new owner for the second time this year — Meredith Corp. MDP -4.70% said Thai businessman Chatchaval Jiaravanon has agreed …
Discussion:
Fortune, @alansmurray, The Wrap, @jbenton, @jeffjohnroberts, Folio, Observer, Ad Age, New York Times, Variety, PR Newswire and Talking Biz News
Jim Edwards / Business Insider:
Medium CEO Ev Williams says he will be raising more money; Medium has raised $132M, has 90M MAUs, and publishes 20K articles per day — - Ev Williams needs more money for Medium, which he says is still not profitable. — Medium has received $132 million from investors so far.
Discussion:
@rafat, @duanekinsey and @jbenton, more at Techmeme »
Ashley Feinberg / HuffPost:
Leaked audio and screenshots show Axios dismiss criticism after it used a clip of Trump saying he would end birthright citizenship as a promo for its HBO show — “They hate ya cause they ain't ya,” one employee wrote. — Their weekly staff meeting had become a crisis debriefing …
Discussion:
@mattdpearce, Mediaite, @aleksnotalex, @gavinjenkins80, @lkmcgann, @titivil, @jbenton, @jackmirkinson and @brandonetc
Stephen Shankland / CNET:
The New York Times is digitizing its 5M-7M photo archive using Google AI to recognize text describing the photos and will use Google's storage services — Google's computer brains are helping The New York Times turn a historic archive of more than 5 million photos into digital data that'll appear …
Discussion:
Digiday, Nieman Lab and Editor & Publisher, more at Techmeme »
Alexandra Stevenson / New York Times:
The Philippines says it will charge news site Rappler and founder Maria Ressa for tax evasion; Rappler accuses government of trying to silence critical coverage — SHANGHAI — The Philippine government said on Friday that it would charge a veteran journalist and her online news start-up with tax evasion …
Discussion:
@amlwhere, @calvinstowell, @lpolgreen and @jayrosen_nyu
Carmin Chappell / CNBC:
News Corp. reported mixed Q1 results with net income of $128M, up 47% YoY, on $2.52B in revenue, up 23% YoY but shy of estimates of $2.54B; ad revenue fell 7% — - News Corp. reported fiscal first-quarter earnings Wednesday that beat analysts' expectations for earnings but missed on revenue.
Discussion:
@npfandos, Hill Reporter, The Wrap and News Corp
Jon Lafayette / Broadcasting & Cable:
E. W. Scripps reports Q3 revenue of $303M, up 51% YoY; political ad revenue reached $140M, up 86% from 2014 midterms — The E.W. Scripps Co. swung to a third quarter profit as revenues were boosted by local political ad sales revenue from Katz Broadcasting, acquired a year ago.
Discussion:
MediaPost, MediaPost and PR Newswire
Jessica Toonkel / The Information:
Sources: WarnerMedia has approached NBCU about a partnership that would include licensing films or TV shows as it prepares for its new streaming service — AT&T's WarnerMedia has approached Comcast's NBCUniversal to discuss ways of working together, including about licensing films or TV shows …
Discussion:
@benmullin, Business Insider and CNBC
Shannon Liao / The Verge:
Facebook has quietly released an app for iOS and Android called Lasso, designed to compete with TikTok, that lets users create short videos — The aging social media platform wishes to win teens over — Facebook has quietly released an app called Lasso that lets users create fun short videos designed …
Discussion:
TechCrunch, Mashable, Gizmodo, @jaykapoornyc and @alexhern, more at Techmeme »
Lauren Feiner / CNBC:
Disney is taking a $157M writedown on its $400M investment in Vice Media; investment in December 2015 reportedly gave Disney 10%, at a valuation of $4B-$4.5B — - Disney wrote in its fourth-quarter earnings report that it plans to write down its investments in Vice Media for $157 million.
Discussion:
Multichannel News, @pkafka, The Wrap, Business Insider, Variety, Financial Times, Deadline, Fast Company and Variety
RELATED:
Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019
Discussion:
The Verge, The A.V. Club, MediaPost, /Film, @chillmage, @backlon, The Walt Disney Company, /Film, @natjarv, @xpangler, CNN and TV Tattle, more at Techmeme »
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