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:
Atlanta Journal-Constitution, Mediaite, TVWeek.com, The Week, CNBC, VICE News, New Republic, @scout_finch, @hiremeimfunny, Hill Reporter and Boing Boing
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, Washington Post, The Daily Beast, @rafaelshimunov, The Verge, Media Matters for America, New York Post, Rolling Stone, Wall Street Journal, Wired, @cwarzel, Broadcasting & Cable, @brianstelter, BuzzFeed News, Tubefilter, @oliverdarcy, Hmm Daily, The Daily Caller, @farhip, New York Times, USA Today, New York Times, @nppalawyer, @danpfeiffer, @fbajak, @buzzfeednews, Gothamist, Lefsetz Letter, The Overspill, @jaketapper, The Wrap, NPPA, @nppalawyer, @jonmladd, @mattortega, @knicksfanblog, @news_guild, @tomemburyd, @normeisen, @brendannyhan, @tigerbeat, @cdisillusion, @drfrancesryan, @rafaelshimunov, @jackiekcalmes, @davidfrum, @buzzfeedben, @jk_rowling, Mother Jones, The Independent, Slate, Nicholas Kristof, HuffPost, Vox, Hit & Run, Fast Company, Media Matters for America, New York Post, Rewire.News, Mashable, The Daily Beast and Business Insider
RELATED:
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:
Longreads, @presssec, Committee to Protect …, New York Times, @cnnpr, @jeffmason1, @acosta, @acosta, @acosta, @cnnpr, Columbia Journalism Review, @joelockhart, The Verge, Sputnik International, Conservative News Today, @jayrosen_nyu, @mikeisaac, Variety, @olivianuzzi, @ac360, @ronwyden, @chuckrossdc, New York Times, @pattonoswalt, @whca, @joshtpm, @yamiche, @benshapiro, @peterbakernyt, @parkermolloy, @peterbakernyt, @peterbakernyt, @mikiebarb, @chrismegerian, @brianklaas, The Daily Beast, @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, @erikwemple, @jonathanlanday, @girlsreallyrule, @jenniferjjacobs, @mlcalderone, Congressman Alcee L. Hastings, Dan Rather and The Atlantic
Jeremy Barr / Hollywood Reporter:
Trump says “it could be others also” when asked how long Acosta will be suspended
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
Discussion:
@melissakchan, Poynter, Poynter, @sulliview, Politico, @sopandeb, @sopandeb, @jeffjarvis, Politico, @rcfp, @ejdionne, @davidakaye, @indexcensorship, @trevortimm, @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, Observer, @alansmurray, Folio, Ad Age, New York Times, Variety, PR Newswire, @jbenton, @jeffjohnroberts 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:
@jbenton, @duanekinsey and @rafat
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:
@titivil, @gavinjenkins80, @jackmirkinson, @aleksnotalex, @brandonetc and @jbenton
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:
Nieman Lab, Digiday and Editor & Publisher, more at Techmeme »
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.
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:
The Wrap, @pkafka, Financial Times, Business Insider, Variety, MediaPost, Deadline and Fast Company
RELATED:
Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019
Discussion:
/Film, The Verge, The Walt Disney Company, /Film, The Next Web, The A.V. Club, @backlon, @chillmage, @natjarv, @xpangler, CNN and TV Tattle, more at Techmeme »
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:
MediaPost, Yahoo! Finance, @mikalfm, FierceVideo, Talking Biz News, CNBC, Broadcasting & Cable, AdExchanger, Multichannel News, Ad Age, Engadget and Stock Market News …
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:
Business Insider and @benmullin
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
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, Variety, Tribune Media Investor … and San Francisco Chronicle
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