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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


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.

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:
@natesilver538, @aodespair, @baratunde and @jayrosen_nyu


Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN — - Twitter Expands Live-Streaming Video Lineup, Sets Content Deals With Viacom, ESPN, Live Nation, Univision, and More
Discussion:
Adweek, MediaPost, Multichannel News, American Press Institute, Awful Announcing, The Wrap, TechCrunch, Engadget, 9to5Mac, Tubefilter and Deadline, more at Techmeme »
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On paid email newsletter platforms, small audiences are translating to dollars for writers, such as on Substack, where the 12 top earners make $160K+ on average — As writers gravitate toward paid email newsletters, small audiences translate to meaningful dollars.
Discussion:
@tonyajoriley, @rachelysanders and @elizabethminkel


At NewFronts, The New York Times says The Daily podcast has reached 2M listeners per day, talks ad targets, smart speakers, and its upcoming food festival — The New York Times announced new ad target offerings and events, as well as an emphasis on its TV-film commitment at its NewFront this morning.
Discussion:
WWD


The Obamas' new production company, Higher Ground Productions, announces seven projects for Netflix, including an adaption of NYT's “Overlooked” obituary series — Eleven months after striking a deal with Netflix, the Obamas have a slate of programming.
Discussion:
The Wrap, Fast Company, Broadcasting & Cable, @brianstelter and The Week


New York Times ends relationship with CartoonArts, the cartoon syndication service that supplied the anti-Semitic cartoon — A ‘Times’ spokesperson told The Daily Beast exclusively about the paper's decision to stop using syndicated cartoons, including those from the syndicator of the offensive cartoon.
Discussion:
Poynter, Religion News Service, Newser, Breitbart, New York Post, New York Times and The Daily Caller


Former Roku executives launch Tetra TV, an advertising network that aims to connect buyers to ad inventory from 100+ streaming video channels across platforms — A pair of veterans of the OTT platform Roku are launching a new advertising network, focusing on connected TV.
Discussion:
Broadcasting & Cable, Radio & Television …, Variety and PR Newswire

Legacy media and native streamers should focus on live news because now, as before, it will help attract and retain subscribers though it can be controversial — Searching for a way for streaming to save the news (and for the the news to save streaming) — Additional Research & Interviews: Andrew J. Zucker
Discussion:
@aobaoill


FanDuel to be the first sports betting operator in the US to offer live-sports broadcasts alongside betting odds on its website and mobile app — - Website, app to provide live soccer, tennis from Sportradar — Operator bets games alongside odds will spur more gambling
Discussion:
Awful Announcing and @thefixisintuohy


Viacom to launch 14 free, ad-supported channels on Pluto TV on May 1 with content from BET, Comedy Central, Nickelodeon, and MTV — - Twitter Expands Live-Streaming Video Lineup, Sets Content Deals With Viacom, ESPN, Live Nation, Univision, and More — For Viacom, the future of television has an increasingly online sheen.
Discussion:
Beet.TV, Deadline, NickALive!, TechCrunch, MediaPost, Adweek, The Wrap and Broadcasting & Cable


Profile of Chris Cox, who, despite being chief product officer for years, never drew the attention for Facebook's scandals that Zuckerberg and Sandberg did — In late 2003, during his senior year at Stanford, Chris Cox, the future Chief Product Officer at Facebook (
Discussion:
@alexeheath, @adityamohanty_, @raju, @hkanji, @mathewi, @hardcorevalue, @yahoofinance, @zooko, @mikeisaac, Business Insider and Beyond Search