Top News:
Jeremy Barr / Hollywood Reporter:
Univision recorded 2018 loss of $120M+ on its English-language digital assets like Gizmodo and The Onion, bought the remaining stake in The Onion for $28.7M — The company reported that the assets lost $32.5 million in the fourth quarter of 2018. — Univision is acknowledging …
Discussion:
@jeremymbarr, @mathewi and Wall Street Journal
RELATED:
Hollywood Reporter:
Univision reports Q4 revenue of $688.5M, down 8.9% YoY and a loss of $40.2M amid ongoing carriage dispute with Dish — The Spanish-language media giant reported lower revenue, but CEO Vince Sadusky on an analyst call lauded a recent “ratings resurgence” while also addressing his battle with Dish.
Discussion:
Variety and @benmullin
Dade Hayes / Deadline:
CBS reports Q4 revenues of $4B, up 3% YoY, missing estimates, adjusted operating income of $837M, up 10% YoY, and says it has 8M direct-to-consumer subscribers — CBS Corp. reported fourth-quarter earnings that fell short of Wall Street analysts' expectations, largely due to a dip …
Discussion:
Variety, The Wrap, Bloomberg, Business Insider, @jbflint, Variety, @lucas_shaw, CBS Corporation SEC Filings, @lucas_shaw and Broadcasting & Cable
Al Jazeera:
Maria Ressa has been released after spending one night in NBI custody and posting bail of 100K Philippine pesos, or about $1,900 — Rappler editor and critic of Duterte's administration posts bail a day after widely condemned arrest on libel charges. — Maria Ressa, an award-winning …
Alexander Russo / kappanonline.org:
Since Columbine, media coverage of school shootings has improved, but issues of accuracy, follow-up, and narrow focus on gun control advocacy remain — Coverage of the 2018 school shooting may be marginally better than it was 20 years ago after Columbine, but it's still not nearly good enough.
Discussion:
Poynter, Poynter, Columbia Journalism Review, WBUR, @kristenhare, @poynter, @rpetty, @samsanders, The Guardian and @teamtrace
Kerry Flynn / Digiday:
The NYT has quietly paused its Snapchat channel with the last edition dated Dec 21, 2018; Snap says it is having ongoing “creative conversations” with the Times — After publishing to Snapchat Discover every weekday, The New York Times has quietly stopped its channel.
Discussion:
@digiday
Joe Pompeo / Vanity Fair:
Sources: Col Allan, former longtime controversial editor-in-chief of New York Post has been working as a consultant for News Corp., for the past three weeks — Can Col Allan, the swashbuckling and bibulous tabloid star of the aughts, help the New York Post decode its most important reader?
Discussion:
New York Daily News and @joepompeo
Tim Peterson / Digiday:
Sources: Snap is offering $40K to $50K per episode for original series that premiere on Snapchat, wants 10-12 episodes per series, each up to seven minutes long — DIGIDAY+ MEMBER ARTICLE — Snap is willing to pay for original shows, and it's enough to pique entertainment executives' interest …
Discussion:
@petersontee and @digiday
Todd Spangler / Variety:
Cord-cutting accelerates as the five biggest U.S. pay-TV providers collectively lost around 3.2 million customers in 2018, a 4.2% decrease — - After Machinima Shutdown, Rooster Teeth Revives ‘Inside Gaming’ and Rescues Other Machinima Shows — Cord-cutting inflicted a heavier toll …
Discussion:
BGR, @tortured_verse and MediaPost
Eriq Gardner / Hollywood Reporter:
US Copyright Office has refused a copyright claim for the “Carlton Dance”, a potential blow to performers seeking rights to dance emotes in games like Fortnite — A government examiner also questioned the submission of the actor's performance on ABC's “Dancing With the Stars,” …
Discussion:
@eriqgardner and @abaesq
Jeremy Barr / Hollywood Reporter:
Sources: Fox rejected a 30-second ad called “It Can Happen Here,” set to air on Hannity for an Oscar-nominated documentary which recounts 1939 Nazi rally in NYC — The 30-second ad is called “It Can Happen Here,” and was to be targeted at Sean Hannity's viewers.
Discussion:
New York Magazine, Washington Post, Gothamist, Gizmodo, CNN, The Week and Contemptor
Michael Smith / SportsBusiness Daily:
Sources: the owner of the Cleveland Browns, also CEO of a truck stop chain, pulls out of an ad deal with ESPN two years early after a critical story on the team — Pilot Flying J is pulling its extensive advertising and sponsorship agreement with ESPN two years into a four-year deal …