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, Engadget, Adweek, USA Today, 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:
CNN, @jimwindolf, @grynbaum, @rachel_handler, @nymagpr, @evanasmith, @jodyrosen, @joecoscarelli, @fierman, @lindsayzoladz, @heykmenz, @jackshafer, @jessicalustig, @kurtsoller, @davidcho, @markharrisnyc, @heybonanos, @kimseverson, @rtraister, @sternbergh, @glennthrush, @profspiker, @claremalone, @abrahamjoseph, @_alex_mar, @jakesilverstein, @kathrynschulz, @reportermike, @jyarow, @grynbaum, @gabrielsnyder, @emilynussbaum, @kevinroose, @samdolnick and @nymag
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New York Magazine:
Memo: Adam Moss addresses the newsroom about his departure, says he will stay on as an advisor to New York Media CEO Pam Wasserstein — New York Media editor-in-chief Adam Moss announced today that he will be stepping down from his role at the end of March, after a 15-year run that oversaw …
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@kn8
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:
Observer, 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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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.
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
Discussion:
The Verge, @sherman4949, Deadline, Engadget, @sherman4949, Decider, Mashable, @morganlbrennan, @pkafka, TechCrunch, Deadline, Light Reading, Ad Age, The Week, MacRumors, SlashGear, 9to5Mac and MediaPost, more at Techmeme »
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, @nytimes, @davidenrich, Mediaite, Variety, GeekWire and USA Today
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Kerry Flynn / Digiday:
Roku has added Alex Jones' InfoWars as a channel, six months after Facebook, Apple, and Spotify banned it from their platforms — Roku may have given itself a brand safety issue. The streaming service has added Infowars, the live show hosted by conspiracy theorist Alex Jones, as a channel.
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 — Alden Global Capital, the most reviled newspaper owner in the business, now wants to buy Gannett, the United States' largest daily newspaper company.
Discussion:
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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, @jimfriedlich, CNN, @brettkelman, Media Nation, Press Gazette, @palewire, @jcstearns, @brianstelter, @larryryckman, @usatoday, @mattdpearce, @blmohr, @aeikens, @mylittlebloggie, @joeconchatv, @bmarimow65, @mattsebastian, @marshallramsey, @kira_media, @loctastic, @marybschneider, @jonathanvswan, @nickreisman, @gerryfsmith, @cararlombardo, @tauhidchappell, New York Post, @tonyapb3, @keachhagey, @1cardsfan, @jbenton, @williams_paige, MediaPost, @reidepstein, @ryanmartin, @nicoleauerbach, @seandkennedy, @charlesapple, @johnrobinson, @dankennedy_nu, @willlesterphoto, @jcstearns, @jcstearns, @sulliview, @terry_casey, @melaniesill, @mattsebastian, @robtornoe, @duanemarsteller, @bruce_arthur, @raju, @romenesko, USA Today, The Wrap, Associated Press 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:
The Verge, Multichannel News, Fast Company, Mashable, The Week, @b_fung, @catmsilverman, @markberman, Polygon and @ballmatthew, more at Techmeme »
Tim Cushing / Techdirt:
Appeals court says that a local official violated the First Amendment by banning a user from commenting on a Facebook page she used for official communication — Late last spring, a federal court in New York made it clear Trump's blocking of Twitter users violated those users' First Amendment rights.
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
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