Top News:
Spotify:
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY — Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
Discussion:
Variety, USA Today, Wall Street Journal, TechCrunch, VentureBeat, Business Insider, Engadget, @pkafka, @richbtig and 9to5Mac, more at Techmeme »
RELATED:
Paul Sawers / VentureBeat:
Spotify confirms it paid €50M to acquire the podcasting studio Parcast in addition to the €308M spent on Anchor and Gimlet in 2019 — Spotify has confirmed that it paid €50 million ($56 million) to acquire Parcast, the story-based podcasting studio it snapped up last month.
Discussion:
MediaPost
Nic Fildes / Financial Times:
Sources: UK's Telegraph Media Group plans to cut about 50 jobs in its commercial department as it continues its shift to a subscription-first revenue strategy — Telegraph Media Group has launched its latest round of restructuring as it presses ahead with its shift to a premium subscription-based model.
Discussion:
@jayrosen_nyu and @orskov
@nytopinion:
NYT apologizes, says it published the antisemitic cartoon because of a faulty process when an editor working without adequate oversight decided to include it — We apologize for the anti-Semitic cartoon we published. Here's our statement. pic.twitter.com/nifZahutpO
RELATED:
Ginny Marvin / Search Engine Land:
Microsoft rebrands Bing Ads as Microsoft Advertising, says it will introduce more advertising products with built-in AI over the next year — The new name reflects a broader focus on ad inventory, data and targeting capabilities. — First there was Microsoft adCenter. Then there was Bing Ads.
Discussion:
Bing Ads, @carnage4life and The Drum, more at Techmeme »
Christopher Cadelago / Politico:
The unusual relationship between the US President and NY Times photographer Doug Mills, whom Trump has called “my genius photographer” — Earlier in his administration, as Donald Trump launched attack after attack on the mainstream media, a series of newspaper photographs caught his attention, in a good way.
Discussion:
@anitakumar01
Bloomberg:
Sources: Walmart plans to create at least 6 original Vudu shows over the next year, which will make money by advertising products, testing “shoppable content” — - Decade-old streaming service plans to tout new ad technology — Walmart Inc. already sells more TVs than anyone.
Discussion:
MacRumors, Forbes and The Verge, Thanks:@lucas_shaw
Jessica Davies / Digiday:
El Pais-owner Prisa Media made a tool that uses machine learning to identify articles that evoke positive feelings, in a bid to sell brand-safe ads at a premium — Monetizing hard news has always been a thorn in the side of general-news publishers. For some advertisers …
Bloomberg:
With PR workers now outnumbering journalists six to one, journalists are bombarded by PR pitches looking to control corporate narratives — - For every reporter there are six PR workers, Census reports — Number of PR specialists to keep rising, Labor Department says
Discussion:
@elisabethmahy
Brooks Barnes / New York Times:
The success of Avengers: Endgame could be the start of a split wherein popcorn movies are seen in theaters and more serious ones are watched at home — LOS ANGELES — Audiences have splintered into a million personalized subsets. Streaming services are sprouting like mushrooms.
Eric Berger / Columbia Journalism Review:
As more newspapers close their own printing plants and outsource to a central location, legacy printing-press installers reflect on a declining profession — When Joel Birket was a child, his family moved to new cities for a year at a time so his father, William, could install printing presses …
Discussion:
@raju
Zack Stanton / Politico:
Interview with Kate Ward, Bustle Digital Group's departing EIC, on growing a large media organization while keeping aspects of startup culture and more — Kate Ward, editor-in-chief of Bustle Digital Group, on what is worth keeping — and getting rid of — as a company grows.
Bureau Reporter - Vietnam, HCMC — 
Curation Editor (Contract), NY — 
Business Editor, CA — 
Executive Ed. - Tech & Electronics, AZ — 
Economy & Industry Reporter, TX — 
ESPN FC Associate Editor, CA/CT — 
Political Enterprise Editor, DC — 
Housing & Real Estate Reporter, ME — 
Investigative & Features Reporter, OR — 
Associate Reporter - Yahoo Finance — 
Senior Editor, Remote — 
Deputy Politics Editor, CA — 
US Foreign Affairs Correspondent, DC — 
Tranding News Reporter, NY — 
Freelance Contributor, FL — 
Senior Reporter, CA — 
Managing Editor - State, CT — 
Sr. VP & Chief Content Officer, OR — 
Digital Content Producer, NV — 
Data Graphics Reporter, CA — 
Town Reporter, CT — 
Weekend Audience Editor, VA — 
Managing Editor, FL — 
Senior Editor - Ideas, Remote US — 
Business Reporter, WA — 
Freelance Reporter, NC — 
Enterprise Journalist, WA — 
Crime & Courts Reporter, OR — 
TV & Pop Culture Critic, MA — 
Cockburn Editor, DC — 
Service Journalism Reporter, PA — 
Writer - Women's Soccer, Remote US — 
Senior IP Reporter, Remote TX — 
Computational Journalist, NY — 
