Top News:
Campbell Brown / Facebook Media:
Facebook says it will invest $300M over the next three years to support local news in the US, and expand the Local News Subscriptions Accelerator globally — Last year, we worked to better understand what kind of news people want to see on Facebook. We've also asked our partners …
Discussion:
Digiday, Columbia Journalism Review, Variety, TechCrunch, AdExchanger, Adweek, USA Today, Engadget, Axios, @jeffjarvis, Fortune and Local Media Association, more at Techmeme »
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Peter Kafka / Recode:
A breakdown of Facebook's $300M contribution to journalism: $16M to orgs including the Pulitzer Centre, $20M to expand subscription pilot globally, more — The internet giants make billions from ads. They want news publishers to sell subscriptions instead.
Discussion:
Nieman Lab
Michael M. Grynbaum / New York Times:
After 15 years, Adam Moss will step down as editor of New York Magazine in March; his successor is expected to be named in the next few days — Adam Moss, whose visual savvy and ear for the zeitgeist made him one of the leading magazine editors of his generation, said on Tuesday that he would step …
Discussion:
New York Magazine, @jimwindolf, CNN, @grynbaum, @rachel_handler, @nymagpr, @evanasmith, @jodyrosen, @joecoscarelli, @fierman, @lindsayzoladz, @heykmenz, @jackshafer, @jessicalustig, @kurtsoller, @davidcho, @kn8, @markharrisnyc, @heybonanos, @kimseverson, @rtraister, @sternbergh, @glennthrush, @profspiker, @claremalone, @abrahamjoseph, @_alex_mar, @jakesilverstein, @kathrynschulz, @reportermike, @jyarow, @grynbaum, @gabrielsnyder, @emilynussbaum, @kevinroose, @samdolnick and @nymag
Brian Steinberg / Variety:
NBCUniversal promotes Bonnie Hammer to lead upcoming streaming service, aligns its content businesses under Mark Lazarus and Jeff Shell — NBCUniversal is set to unveil a major shakeup of its top executive ranks as CEO Steve Burke reorganizes his direct reports and the company prepares …
Discussion:
Hollywood Reporter, Variety, Mediaite, @thefienprint, @mlcalderone, @loudmouthjulia, @bristei, @awallenstein, @tvgrimreaper, @ourand_sbj, Adweek, MediaPost, Awful Announcing, The Wrap and TVWeek.com
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CNBC:
NBCUniversal says it will launch an ad-supported streaming service in Q1 2020 that is free for pay-TV subscribers; source: non-subscribers could pay ~$12/month — - NBC's streaming service will be a free, ad-supported product to anyone that subscribes to a pay-TV service.
Discussion:
The Verge, @sherman4949, Deadline, Engadget, @sherman4949, Mashable, @morganlbrennan, @pkafka, TechCrunch, Deadline, Ad Age, The Week, MacRumors, NBCUniversal, SlashGear, 9to5Mac and MediaPost, more at Techmeme »
Cynthia Littleton / Variety:
NBCU CEO Steve Burke defends NBC News Chief Andy Lack, says it was his decision to hire Megyn Kelly and says Lauer was a “grenade we didn't know was a grenade” — The Megyn Kelly debacle at NBC News has raised the question of whether NBC News chief Andy Lack will face repercussions for the costly experiment.
Jim Rutenberg / New York Times:
Trump's attack on Bezos and praise of the National Enquirer comes amid news that American Media's Pecker is a cooperating witness in SDNY's Stormy Daniels probe — Even by the tweeting habits of the 45th president of the United States, it was a puzzler. — Until you examined it.
Discussion:
@realdonaldtrump, @brianstelter, @nytpolitics, @pierre, @davidafrench, @davidenrich, @nytimes, Mediaite, Variety, GeekWire and USA Today
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Joe Pompeo / Vanity Fair:
Inside the Washington Post, Jeff and MacKenzie Bezos' divorce is the first test case for the paper regarding how they cover their owner — The Post journalists I spoke with, perhaps high-mindedly, acknowledged that tabloid-style extramarital affairs aren't typically in their wheelhouse.
Discussion:
@joshmankiewicz, Mediaite, Gizmodo and Business Insider
Associated Press:
Gannett says it has received Digital First Media's $1.36B takeover bid and that its board will evaluate the offer — DENVER (AP) — The publisher of USA Today has received a $1.36 billion takeover bid from a media group with a history of taking over struggling newspapers and slashing costs.
Discussion:
Wall Street Journal, @bgrueskin, Business Wire, Washington Post, @jimfriedlich, Media Nation, @palewire, @ckrewson, @jbenton, @ylichterman, @larryryckman, @davidfolkenflik, @aeikens, @mylittlebloggie, @jamesebriggs, @biancorobert, @joeconchatv, @ngeidner, @brianstelter, @gerryfsmith, USA Today, Los Angeles Times, Financial Times and CNN
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Ken Doctor / Nieman Lab:
A look at the decline of Gannett over the past decade, its duty to maximize shareholder value, and possible paths forward as it considers MNG Enterprises' offer
Discussion:
@chadlivengood, @niemanlab, USA Today, Bloomberg, @moorehn, @martinbarrow, @jcstearns, @robertmentzer, @dkiesow, @mgiannotto, @brianstelter, @dkiesow, @niemanlab, @jbenton, @jbenton and @jbenton
Cara Lombardo / Wall Street Journal:
MNG Enterprises, better known as Digital First Media, has built a 7.5% stake in Gannett and has offered $12/share, a 23% premium over Friday's closing price
Discussion:
New York Times, CNN, @brettkelman, Press Gazette, @jcstearns, @brianstelter, @usatoday, @mattdpearce, @blmohr, @bmarimow65, @mattsebastian, @marshallramsey, @kira_media, @loctastic, @marybschneider, @jonathanvswan, @nickreisman, @cararlombardo, @tauhidchappell, New York Post, @keachhagey, @tonyapb3, @1cardsfan, MediaPost, @jbenton, @williams_paige, @reidepstein, @ryanmartin, @nicoleauerbach, @seandkennedy, @charlesapple, @johnrobinson, @dankennedy_nu, @willlesterphoto, @jcstearns, @jcstearns, @sulliview, @terry_casey, @melaniesill, @mattsebastian, @robtornoe, @duanemarsteller, @bruce_arthur, @raju, @romenesko, The Wrap and Reuters
Michael Liedtke / Associated Press:
Netflix raises prices for US subscribers by 13%-18%, its biggest hike ever, immediately affecting new subscribers, over next three months for existing customers — SAN FRANCISCO (AP) — Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.
Discussion:
Fast Company, Polygon, The Verge and @ballmatthew, more at Techmeme »
Matt Donnelly / Variety:
Source: John Lasseter faced blunt questions from female employees at a town hall at his new employer Skydance Animation's LA headquarters — Incoming Skydance Animation head John Lasseter was grilled for over an hour and a half on Monday by concerned staffers who wanted to know more details …
Discussion:
Hollywood Reporter, /Film, Vanity Fair, Deadline and Fast Company
Concepción de León / New York Times:
Bob Woodward is to receive the 2019 PEN Literary Service Award; past winners include Stephen King and J.K. Rowling — The 2019 PEN America Literary Service Award will be given to Bob Woodward, The Washington Post editor known most recently for “Fear: Trump in the White House,” …
Discussion:
@simonschuster and @penamerican
Axios:
The New York Times plans to build custom Alexa skills for advertisers through its branded content studio for roughly six figures — The New York Times plans to build custom Alexa skills for advertisers through its branded content studio for roughly six figures.
Jon Levine / The Wrap:
MailOnline Editor-in-Chief Noah Kotch has left to “pursue other opportunities”, just seven months after leaving his job running FoxNews.com — The Daily Mail's editor-in-chief Noah Kotch has left the company “to pursue other opportunities,” a spokesperson for the British tabloid told TheWrap on Monday.
Discussion:
Press Gazette and Mediaite
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