Top News:
Peter Kafka / Recode:
Verizon's declining focus on media has been apparent for a while, signaled by the departure of executives who bought AOL and Yahoo and combined them into Oath — And Verizon investors seem fine with that. — It was easy to predict that Verizon would end up regretting the $10 billion or so that it had invested in AOL and Yahoo.
Discussion:
Variety, Fast Company, @rafat, @johnlegere, @karaswisher, @yobigbrotha, @johnlegere and @reckless
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Scott Moritz / Bloomberg:
Verizon has slashed the value of its AOL and Yahoo acquisition by $4.6B, says a tough ad market has led to a shortfall in revenue and profit — Verizon Communications Inc. slashed the value of its AOL and Yahoo acquisitions by $4.6 billion, conceding that tough competition for digital advertising …
Discussion:
@tomgara, @pkafka, @markyusko, @originalspin, @matthewstoller, @matthewstoller, @andykessler, @pkafka and Boing Boing, more at Techmeme »
Edward Felsenthal / Time:
Time Magazine awards its Person of the Year honor to Jamal Khashoggi, Rappler CEO Maria Ressa, imprisoned Reuters journalists, and Capital Gazette staff — On the outskirts of Yangon, Myanmar's largest city, two young reporters sit in a prison said to be “the darkest hellhole in Burma.”
Discussion:
CNN, Washington Post, @aodespair, @klustout, The Wrap, Washington Post, NBC News, @tomgara, Fortune, @capgaznews, TIME, Politico, capitalgazette.com, New York Times, @reuterspr, @spj_tweets, @danrather, @lanceulanoff, @rosey18, @waltmossberg, @stengel, @jacobengels, @lourdesgnavarro, @briannawu, @tessgarcia, @hecklerforever8, @djrothkopf, @27khv, @acsifferlin, @jodikantor, @raju, @cacaucb, @nolandmccaskill, @jengranholm, @keithrichburg, @edmundlee, @efelsenthal, @jakelahut, The Rural Blog, Press Gazette, MediaPost, Mashable, Variety, WPIX 11 New York, Multichannel News, TVNewser and KFOR-TV
Josh Eidelson / Bloomberg:
Writers and editors at Slate vote 52-1 in favor of strike action, as they demand better diversity policies and removal of “right-to-work” clause — - Outlet's editorial staff authorize walkout by 52 to 1 vote — Company's “right-to-work” stance riles its employees
Cara Buckley / New York Times:
A study sponsored by Creative Artists Agency and shift7 shows the top movies from 2014 to 2017 starring women earned more than movies led by men — “Trolls.” “Teenage Mutant Ninja Turtles.” “Moana.” “Inside Out.” “Wonder Woman.” All were global box-office hits that had women in leading roles.
Discussion:
Variety, @alinebmckenna, @timesupnow, Slate, Vanity Fair, FOX 4 Kansas City WDAF-TV, Deadline, Mashable, @melsil, The Wrap and IndieWire
Linley Sanders / Teen Vogue:
Profiles of nonprofit news outlets Borderzine, Flint Beat, and The Colorado Independent, run by young women reporting local news that reflects their experiences — When Irais Urias reads headlines about the Mexican border, they don't often match her experience as a young Latinx woman who lives …
Reuters:
China-based Tencent Music raises ~$1.1B in US IPO, valuing the company at $21.3B, after pricing its shares at the bottom of its targeted range — NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group TME.N said it raised close to $1.1 billion …
Discussion:
Wall Street Journal, Bloomberg, Fortune, Business Insider and The Drum, more at Techmeme »
Washington Post:
How Russia sowed doubt after Sergei Skripal's poisoning using dozens of false narratives and conspiracy theories in Russian news outlets and on social media — The initial plan was a Cold War classic — brutal yet simple. Two Russian agents would slip onto the property of a turncoat spy …
Discussion:
@gregpmiller, @carolynddoyle, @pkmacdonald, @kalenskyj, @hidalgopd, @mrdanzak, @amyklobuchar, @katchwreck, @anneapplebaum and The Daily Beast
Lisa de Moraes / Deadline:
Memo: Kathie Lee Gifford is leaving the Today show after eleven years to focus on film, music, and book projects — NBC News chief Noah Oppenheim announced this morning that Kathie Lee Gifford has decided to exit Today show, where she has hosted the final hour of the four-hour franchise since 2008.
Joe Parkin Daniels / The Guardian:
Colombian journalism project, Colombia 2020, which launched in early 2016 with EU funding, aims to report on the transition to peace from war in the country — Reporting was restricted by the remoteness of the war zones and the military's control of access. Peace is allowing a new approach
Discussion:
@llombartpatue
Tim Kenneally / The Wrap:
Ex-Sheriff Joe Arpaio filed a lawsuit on Monday against CNN, the Huffington Post, and Rolling Stone, claiming they falsely portrayed his criminal record — Joe Arpaio will not stand idly by as the media paints him as a felon. — Former Maricopa County, Arizona sheriff and Senate candidate Arpaio …
Discussion:
@danielpmcdermot
Sara Fischer / Axios:
Streaming news service Cheddar partners with mixed reality company Magic Leap, will stream its two live news networks on Magic Leap One AR device — Cheddar, the streaming news service for millennials, and Magic Leap, a mixed reality company, are teaming up to put Cheddar's two live news networks …
Discussion:
@brandyljensen, @tomgara, @thedextriarchy, @mims, @themediaisdying, @mariojoze and @maxwelltani
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