Top News:
Jonathan O'Connell / Washington Post:
Senator Chuck Schumer, troubled by Alden Capital's history, writes a letter to its president demanding it explain its plans for Gannett if a deal goes through — A firm backed by Alden Global Capital, known for sharp newsroom cuts, would acquire more than 100 daily newspapers in the deal.
Discussion:
Wall Street Journal and @news_guild
RELATED:
Shareen Pathak / Digiday:
Digiday Research survey of 100 ad buyers: 14% don't expect the YouTube crisis to have an impact on long-term spending; ~33% said cutbacks would be temporary — As a number of major brands, including Disney, Nestle, McDonald's, AT&T and Epic Games, are pulling their ads from YouTube due …
Discussion:
AdExchanger, @aexm and @jackneff
RELATED:
CNBC:
AT&T says it is pulling all advertising from YouTube after reports of pedophiles openly using the platform; Nestle and Epic Games have also pulled ads
AT&T says it is pulling all advertising from YouTube after reports of pedophiles openly using the platform; Nestle and Epic Games have also pulled ads
Discussion:
The Wrap, Winter is Coming, Ad Age, B&TB&T, CNBC, MediaPost, @rachblevins, Beyond Search, Reuters, WIRED UK, @cnbc, Adweek, Gizmodo, @winnersusedrugs, Tubefilter, @danielmadison78, @mattbinder, @bmorrissey, The Wrap, Engadget, Boing Boing, The Verge, The Verge, Gizmodo, 9to5Google, The Verge, Fortune, Tubefilter, TechCrunch, Engadget, Variety and The Verge, more at Techmeme »
Christine Schmidt / Nieman Lab:
Report details how Tribune Publishing, The Guardian, and Slate got their most engaged readers to contribute by focusing on quality content, podcasts, and more — Reader revenue, reader revenue, reader revenue. It's much easier said than done, but these two case studies from Tribune Publishing …
Discussion:
MediaPost and Washington Post
Jamie Tarabay / New York Times:
Australian billionaire Chau Chak Wing awarded $200K in a defamation case over a 2015 Sydney Morning Herald story connecting him to a bribery scandal — SYDNEY, Australia — A billionaire businessman won a defamation case on Friday against a media organization that he claimed had wrongly linked …
Sahil Patel / Digiday:
Source: Barstool Sports made $15M+ in podcasting revenue in 2018; CEO says over half its ad revenue is from podcasts with average rate per spot up 30% YoY — Barstool Sports recorded more than $15 million in podcasting revenue in 2018, according to a source.
Discussion:
MediaPost
Chuck Strouse / Miami New Times:
McClatchy CEO says ~225 employees have accepted buyout offers across the country with sources saying the Miami Herald is losing at least 10 employees — McClatchy Co. CEO Craig Forman announced Wednesday that “a bit fewer” than 225 employees had accepted buyout offers and would be leaving newspapers across the country.
Ira Boudway / Bloomberg:
Chernin Group's Action Network, a sports betting media startup, raises $17.5M Series B led by Fertitta Capital — - Peter Chernin's Action Network closed $17.5 million funding — Investors include owners from MLB, NBA, NHL, Ultimate Fighting — Action Network Inc. …
Discussion:
Reuters and Action Network
Janko Roettgers / Variety:
Roku reports Q4 revenue of $275.7M, up 46% YoY and vs. $262.11M est., says it has 27.1M active accounts, up 40% YoY; revenue for 2018 grew 45% to $742.5M — Roku wants to become a billion-dollar company in 2019. The streaming device maker told investors Thursday that it projects …
Discussion:
Multichannel News, TechCrunch, Digiday, MediaPost, @digiday, @jank0, @jank0, Roku Investor Relations and AdExchanger
Christine Schmidt / Nieman Lab:
How New York-area cable news station News 12 is working with ProPublica's Documenting Hate database to track local hate crimes — “Getting things on air will reach the audience you're looking to reach. Getting things online is important so people can find the work later."
Discussion:
@riogringa
Maureen Farrell / Wall Street Journal:
Sources: Pinterest has confidentially filed for an IPO, seeking a valuation of at least $12B — Online-image search company is expected to seek a valuation of at least $12 billion — Pinterest Inc. has confidentially filed paperwork with the Securities and Exchange Commission …
Discussion:
TechCrunch, Fortune, CNBC, New York Times, Reuters, Bloomberg, Fortune, Fast Company, Business Insider, TechCrunch and AOL, more at Techmeme »
Casey Newton / The Interface:
Pinterest has stopped returning results for searches on vaccinations, differentiating between freedom of speech and freedom of reach — Programming note: The Interface will be off Thursday as I finish up a project that I will share with you next week. — Since the reckoning …
Peter Kuras / Columbia Journalism Review:
After exposing an alleged multi-billion tax fraud scheme in Europe, a journalist is under investigation for instigating whistleblowers to betray trade secrets — When I met Oliver Schröm at the Berlin offices of Correctiv.org, the investigative journalism non-profit he co-founded in 2014, I was his third interview of the day.