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
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
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
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
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