Top News:
Jim Waterson / The Guardian:
The Guardian posts £800K profit for FY 2018-2019, its first since 1998, with 655K monthly supporters and £223M in revenue, of which 55% comes from digital — Record online traffic and financial contributions from readers play key part in putting GNM on sustainable path
Discussion:
The Guardian, The Guardian, BBC, Financial Times, Press Gazette, @kathviner, campaignlive.co.uk, @jimwaterson, @spignal and @emilybell
Mathew Ingram / Columbia Journalism Review:
How the spreadsheet that classified job applicants, with rankings of social class, “justice seeking” traits, and more, illustrated the divide within The Markup — There are things about the recent implosion of The Markup that make it unique—in particular, that it raised $23 million …
Maxwell Tani / The Daily Beast:
Sources: top editorial staffers Susie Banikarim, Alex Dickinson, and Tim Marchman are out at G/O Media amid a restructuring that could affect 25+ staffers — As part of a major restructuring effort that could affect 25 staffers. — Several of the top editorial employees at the company formerly known …
Discussion:
@maxwelltani, @maxwelltani, @maxwelltani, @_zeets, @ashleyfeinberg, @kashhill, @kashhill, @banikarim, @timmarchman, @tomscocca, @banikarim, @gabydvj, @nicka_martin, @thrillistunion, @jeremymbarr, @lam_barrett, @nicka_martin, @theseantcollins, @bobbybigwheel, @ashleyfeinberg, @timmarchman, @sophiekleeman, @katiedrumm, @toley88, @patrick_wyman, @chick_in_kiev, @lindseyadler, @maxwelltani, @jeremymbarr, @heyveronica and Variety
Jonathan Shieber / TechCrunch:
In a letter to creators, YouTube CEO Susan Wojcicki says YouTube wants to have half of the videos in its trending tab come from YouTube creators — YouTube wants to have half of the featured videos in its trending tab come from streams originating on the company's own site going forward …
Discussion:
YouTube Creator Blog, TorrentFreak, Engadget, Tubefilter and The Verge, more at Techmeme »
Sahil Patel / Digiday:
Sources: Quibi execs are seeking upfront ad commitments, prioritizing larger deals, and are planning a $5 ad-supported subscription and an $8 ad-free tier — Jeffrey Katzenberg's Quibi is spending big bucks on original content as the company hopes to build the next big thing in mobile streaming video.
Discussion:
Streaming Observer
Brian Steinberg / Variety:
ESPN announces plans to shut down ESPN The Magazine in September after 21 years; the company is considering publishing standalone print issues — ESPN, the sports-media giant with an influence that extends across several types of media, is getting out of one particular venue: print.
Discussion:
Sports Business Daily, @molly_knight, @_keithfletcher, @megreenwell, @alv9n, @arashmarkazi, @ddiamond, @ellabrockway, @jackiealexander, @tommytomlinson, @tommytomlinson, Breitbart, Ad Age, Folio, Deadspin, Adweek, Awful Announcing, The Spun, New York Post, The Big Lead and Chicago Sun-Times
@the_corres:
The Correspondent apologizes for creating the impression its expansion would be US focused, says it will share plans for the $2.6M it raised in coming weeks — We screwed up: http://twitter.com/...
Discussion:
Nieman Lab, @laurahazardowen, @natesilver538, @jayrosen_nyu, @rafat, @tasneemraja, @newsbyschmidt, @ckrewson, @tomgara, @baratunde, The Guardian and @aodespair
Wall Street Journal:
Cable operator Altice USA agrees to acquire streaming-video network Cheddar for $200M; Cheddar founder Jon Steinberg to become president of the Altice News unit — Cheddar founder and CEO Jon Steinberg is set to become president of Altice News, overseeing Cheddar, News 12 and i24News
Discussion:
@felixsalmon, @lilliannnn, Adweek, Fast Company, Altice USA, Inc., @gitagovinda, @ranimolla, @adamsinger, @edmundlee, @adamsinger, @lisahopeking, @rafat, @melisoncheddar, @arashmassoudi, @richbtig, CNN, Business Insider, TechCrunch, Benzinga, The Wrap, Talking Biz News and Crain's New York Business
Sarah Perez / TechCrunch:
Creative Commons launches its search engine out of beta, with over 300M images indexed — Nonprofit organization Creative Commons is today publicly launching its search engine, after over two years of beta testing. The new service is designed to offer an easy way to search the commons' archive …
Discussion:
@mattmcgee
Jon Allsop / Columbia Journalism Review:
The WaPo Fact Checker says Trump has made 10K+ “false or misleading” claims since taking office, yet news orgs still resort to euphemisms, avoid the word “lie” — On January 20, 2017, Donald Trump uttered his first falsehood as president of the United States.
Samir Patil / New York Times:
Disinformation in India won't cease by asking tech platforms to change, or by altering politician behavior, but possibly by treating it as an infectious disease — Disinformation can be defeated by treating the crisis as we responded to infectious diseases in the past.
Discussion:
TechCrunch
Kali Hays / WWD:
NBC News president says covering the White House has never been more challenging, NBC WH correspondents call it an honor — As bureau chief Ken Strickland put it, one year of covering Trump “equals three or four years covering Clinton or Bush.” — From left: NBC White House correspondents Geoff Bennett …
Discussion:
@kwelkernbc, @halliejackson, @peteralexander and @alivitali
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