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9:35 AM ET, November 14, 2018

Mediagazer

 Top News: 
Kali Hays / WWD:
Penske Media, owner of WWD, Variety, and Rolling Stone, buys Peter Brant's ARTnews and Art in America, for a reported $20M-$25M  —  Jay Penske has made a number of investments and acquisitions over the last year, while Brant looks to be getting out of media altogether.
Discussion: New York Post and artnet News
RELATED:
Music Business Worldwide:
Rolling Stone partners with London-based Music Business Worldwide, an industry news outlet; Rolling Stone and Variety articles will be shared on MBW
Discussion: @cheriehu42
Katharine Viner / The Guardian:
The Guardian's EIC Kath Viner talks about how the paper received financial support from 1M+ readers in three years and hopes to break even by April 2019  —  The Guardian's editor-in-chief reflects on the state of media today and explains how the support of 1 million readers has enabled us …
Anthony Ha / TechCrunch:
IAB data shows digital ad spending in the first half of 2018 reached $49.5B, up 23% YoY, with mobile accounting for 63% of the total, up from 54% last year  —  The online advertising business continues to grow at double-digit rates, according to the latest report from the Interactive Advertising Bureau …
Matthew Garrahan / Financial Times:
Quartz launches free new app with curated news stories and contributions from business leaders and introduces a premium membership tier for $14.99/month  —  Quartz is to launch a subscription tier for its business coverage and a new app that will offer aggregated news and user discussion …
Jon Russell / TechCrunch:
Netflix is testing cheaper, mobile-only subscriptions “in a few countries” including Malaysia, where it is half the price of its next cheapest package  —  Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets.
Chris Roush / Talking Biz News:
Financial news and information company TheStreet.com reports a Q3 loss of $1.1M, with revenue declining to $13M from $13.3M a year ago due to ad decline  —  Financial news and information company TheStreet.com reported a third-quarter loss and revenue that was lower than analyst expectations.
Discussion: Broadcasting & Cable
Georg Szalai / Hollywood Reporter:
Univision reports lower Q3 earnings, impacted partly by Dish dispute, with revenue dropping 17.3% YoY to $628.2M and ad revenue down 16.6% YoY to $378.7M  —  “Longer term, our refocused mission is gaining momentum,” says Vince Sadusky, the CEO of the Spanish-language media giant after a quarter …
Shona Ghosh / Business Insider:
Uber's CEO is “anxious” for more details about the death of journalist Jamal Khashoggi but says Saudi Arabia still deserves a board seat  —  - Uber CEO Dara Khosrowshahi says he's “anxious” to learn about the circumstances behind the killing of the Saudi journalist Jamal Khashoggi.
Jay Rosen / Boing Boing:
Dutch media company De Correspondent launches membership drive for its US publication, The Correspondent, and hopes to raise $2.5M by December 14  —  This is for everyone who follows me on social media, or who has read my press criticism.  All my former students.  Fans of my blog, PressThink.
Discussion: The Correspondent
Eriq Gardner / Hollywood Reporter:
CNN's lawsuit could lead to broader questions for Trump's administration in court, including queries about the decision to challenge the AT&T-Time Warner merger  —  Whether he likes it or not, Donald Trump will face tough questions about censorship and due process.
RELATED:
Brian Stelter / CNN:
CNN sues Trump and top aides, alleging that the suspension of Jim Acosta's press pass is a violation of Acosta's and CNN's First and Fifth Amendment rights
Cynthia Littleton / Variety:
Disney is in talks with Hearst to sell its interest in five European cable channels that are part of its joint venture with A+E Networks  —  Disney is in talks with Hearst to sell off its interest in five European cable channels that are part of the larger A+E Networks joint venture between the companies.
Nicholas Kristof / New York Times:
Megan Graham / Ad Age:
Five advertising holding companies say the DOJ has ended an investigation into production bidding practices without charges; a probe into media buying continues  —  Five top holding companies subjected to a Department of Justice probe into ad industry production practices say the investigations …
Discussion: Adweek and MediaPost
 
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 More News: 
Thomas Grove / Wall Street Journal:
Turkish court throws out conviction of former Wall Street Journal reporter Ayla Albayrak on charges of engaging in terrorist propaganda
Sarah Perez / TechCrunch:
Wattpad launches Wattpad Next in the US, a new program offering readers exclusive stories paid for with Coins, its virtual currency
Discussion: VentureBeat
Janko Roettgers / Variety:
Portal, a new ad-free video service used by The Young Turks, allows creators to charge up to $100 per video or to monetize through donations
Discussion: TV[R]EV, Crunchbase News and The Wrap
Associated Press:
MTV expands its live events business to diversify revenue by acquiring SnowGlobe Music Festival, which runs for three days over New Year's
 Earlier Picks: 
Thomson Reuters:
Reuters names Michael Friedenberg president of Reuters news and media operations, starting December 3
Margaret Sullivan / Washington Post:
In rushing to call the midterm elections in time for next-day analysis, journalists play into the harmful notion that elections are over on election night