Mediagazer: YouTube office in Playa Vista's Spruce Goose hangar opens to house office space and productions as part of a plan to build a 450,000-square-foot complex (Wendy Lee/Los Angeles Times)

10:55 AM ET, November 9, 2018

Top News:

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: @presssec, Nieman Lab, Associated Press, The Daily Beast, Washington Post, @rafaelshimunov, The Verge, @cwarzel, BuzzFeed News, Wall Street Journal, Tubefilter, @brianstelter, Multichannel News, @oliverdarcy, USA Today, @farhip, The Verge, Gothamist, MediaPost, New York Times, The Daily Caller, CNET, @nppalawyer, NPPA, @danpfeiffer, @fbajak, @buzzfeednews, @jaketapper, Lefsetz Letter, The Overspill, The Wrap, @nppalawyer, @jonmladd, @mattortega, @knicksfanblog, @news_guild, @tomemburyd, The Independent, @normeisen, @brendannyhan, @tigerbeat, @cdisillusion, @drfrancesryan, @rafaelshimunov, @jackiekcalmes, @davidfrum, @buzzfeedben, Mother Jones, Slate, Nicholas Kristof, @jk_rowling, HuffPost, Vox, Hit & Run, Fast Company, Media Matters for America, New York Post, Rewire.News, The Daily Beast, Mashable and Business Insider

Amy B Wang / Washington Post:

White House suspends Jim Acosta's press pass after he and Trump had a tense exchange; Sarah Sanders claims Acosta “placed his hands” on woman at press event — The White House has suspended the press pass of CNN reporter Jim Acosta after President Trump took issue …

Discussion: @presssec, New York Times, @cnnpr, @jeffmason1, @acosta, @acosta, @acosta, @cnnpr, Columbia Journalism Review, Longreads, Conservative News Today, New York Times, @joelockhart, Variety, @mikeisaac, @ac360, Snopes.com, CNN, @ronwyden, Fast Company, @chuckrossdc, Mashable, @pattonoswalt, SPJ News, @joshtpm, @yamiche, @benshapiro, The Daily Beast, @peterbakernyt, @peterbakernyt, @chrismegerian, @parkermolloy, @peterbakernyt, @mikiebarb, @brianklaas, @kendilaniannbc, @jonathanalter, @milbank, @harikunzru, @jeffjarvis, @brianstelter, @w7voa, @noahshachtman, @perlberg, @colbyhall, @jason_a_w, @mattyglesias, @olivianuzzi, @maggienyt, @armandodkos, @maggienyt, @joelockhart, @davidshepardson, @sopandeb, @susan_hennessey, @davidakin, @anildash, @fridaghitis, @jayrosen_nyu, Congressman Alcee L. Hastings, @erikwemple, @jonathanlanday, @girlsreallyrule, @jenniferjjacobs, @mlcalderone, Dan Rather, The Guardian, Fox News, Wall Street Journal, Hollywood Reporter, Adweek, Variety and Hollywood Reporter

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, @sulliview, Politico, @jeffjarvis, @sopandeb, @sopandeb, @rcfp, @ejdionne, @davidakaye, @indexcensorship, Poynter, @trevortimm, Politico, @jonathanwpeters and Mediaite

@whca:
WHCA strongly objects to the White House pulling credentials to punish a reporter and urges White House “to immediately reverse this weak and misguided action”

Michelle Fields / The Atlantic:
Ex-Breitbart reporter Michelle Fields, accused of falsely saying Lewandowski assaulted her, says accusers apparently were projecting, as they aim at Acosta now

Discussion: @olivianuzzi, @mckaycoppins, @nora_kelly, @ericmgarcia, @markberman, @isaacdovere, @hunterschwarz, @oliverdarcy and Washington Post

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, Variety, @alansmurray, Talking Biz News, Bloomberg and @jeffjohnroberts

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 and News Corp

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 …

Brent Lang / Variety:
Disney's Q4 beats with $2.3B net income on $14.3B revenue; cable/broadcast sales were nearly $6B, up 9% YoY, and its film studio earned $2.1B, up nearly 50% YoY

Discussion: Talking Biz News, Yahoo! Finance, FierceVideo, @mikalfm, MediaPost, CNBC, Broadcasting & Cable, AdExchanger, Multichannel News, Ad Age, Engadget and Stock Market News …

Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019

Discussion: /Film, CNN, Mashable, The Verge, KRTV-TV, The Walt Disney Company, @backlon, @xpangler, @natjarv and TV Tattle, more at Techmeme »

Wendy Lee / Los Angeles Times:

YouTube office in Playa Vista's Spruce Goose hangar opens to house office space and productions as part of a plan to build a 450,000-square-foot complex — Google has moved a step closer to transforming the historic Spruce Goose hangar in Playa Vista into a state-of-the-art office and production facility …

Discussion: Los Angeles Times

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: Variety, @pkafka, Financial Times, Tubefilter, Deadline, Fast Company, @sunlorrie and Ad Age

Hollywood Reporter:

Tribune Media reports Q3 net income of $54.1M vs. loss of $18.7M in Q3 2017, revenue up 11% YoY to $498M thanks to growth in retransmission and carriage fees — The company, which this summer scrapped its planned $3.9 billion takeover by Sinclair Broadcast Group, posted a lower impairment charge …

Discussion: Broadcasting & Cable, MediaPost, Variety, San Francisco Chronicle and Tribune Media Investor …

David Wood / Houston Chronicle:

A review of 744 Houston Chronicle stories by Mike Ward could not find 44% of the 275 people quoted; The Chronicle will retract eight stories and correct others — Action follows external review of former staff reporter accused of fabricating sources — On July 31, the Houston Chronicle published …

Discussion: The Wrap, @craigsilverman, @mrglenn, @alisoncook, @lomikriel, @brianmrosenthal, @mike_hixenbaugh, @atompkins, @omackson, @dylanlysen, @shelbywebb, @charlesornstein, @mrkmully, @chandler_rome, @jdharden, @lizabio, @andreazelinski and @rizzotk

Stephen Shankland / CNET:

The New York Times is digitizing its 5-7M 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

Gabriel Arana / Columbia Journalism Review:

A look at diversity in US newsrooms after they missed an ASNE goal set in 1979 to match the percentage of minorities in newsrooms with the population by 2000 — In 1979, the American Society of News Editors pledged that, by the year 2000, the percentage of racial and ethnic minorities …

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Nielsen Newswire:
Nielsen estimates 36M people watched primetime coverage of the midterm elections, more than in the previous four midterms

South China Morning Post:
Hong Kong denied entry to senior Financial Times journalist Victor Mallet, who tried to enter the city as a visitor after his work visa was refused in October

Discussion: Hong Kong Free Press HKFP, @vjmallet, Al Jazeera English, @keithrichburg and Agence France-Presse

Reuters:
Netflix announces plans to make 17 original productions in Asia including shows in Chinese and Thai as it looks abroad for growth

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Lionsgate reports Q2 revenue of $901M, beating estimates, and a net loss of $144.1M due to shareholder litigation; Starz gained 1.3M subscribers in the quarter

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Jim Waterson / The Guardian:
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Jordan Crook / TechCrunch:
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Inside Nigeria's nascent fashion magazine industry, which has found a receptive young readership, through profiles of four women leading the space

Li Tao / South China Morning Post:
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Discussion: xinhuanet.com, Business Insider, @ahamitbilici, @bcmerchant, The Verge, @taylorlorenz, Engadget, Mashable, Fast Company, China Money Network, CNET and ChinaKnowledge

Kevin Roose / New York Times:
Some experts say Facebook performed well for the midterms, but disinformation and false news still spread fast, requiring outsiders' monitoring and prodding

Discussion: @mantzarlis, Nieman Lab, @politifact, Poynter, @willoremus, @alexstamos, @nymag, @digiphile, @willoremus, @mattyglesias, @mattyglesias, @elephantjournal, @elephantjournal, @josh_emerson, @mat and Slate

From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
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Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours

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