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11:00 AM ET, May 9, 2019

Mediagazer

 Top News: 
Natalie Jarvey / Hollywood Reporter:
Disney discloses a $353M writedown on its ownership stake in Vice Media, following its $157M writedown in November  —  The entertainment giant previously recorded a $157 million impairment charge on its Vice stake.  —  Disney has taken another write-down on its investment in Vice Media.
RELATED:
Natalie Jarvey / Hollywood Reporter:
In earnings call, Bob Iger confirms that Disney has had talks with Comcast about buying the latter's 30% stake in Hulu  —  The executive says that Comcast-owned NBCUniversal would likely still continue to license programming to Hulu.  —  Disney has held talks with Comcast about buying …
Anousha Sakoui / Bloomberg:
Apps backed by old-guard financial firms help consumers trim rising recurring payments for media subscriptions  —  - Goldman Sachs, Wells Fargo among the players using new twist  — Applications target forgotten monthly bills' recurring costs  —  Old-guard financial firms …
Discussion: @richbtig
Dana Milbank / Washington Post:
The White House has set a difficult-to-meet standard for media “hard pass” credentials but granted exceptions; it refused an exception for WaPo's Dana Milbank  —  For the past 21 years, I have had the high privilege of holding a White House press pass, a magical ticket that gives the bearer a front-row seat to history.
Rani Molla / Vox:
Experts say apps like Nextdoor and Ring's Neighbors give people a false sense that the US crime rate is worsening even as violent crime reaches record lows  —  Why people are socializing more about crime even as it becomes rarer.  —  Violent crime in the US is at its lowest rate in decades.
Alex Sherman / CNBC:
Fox to invest $236M in Canadian gambling company The Stars Group for ~5% equity, marking the first time a big media company puts its name behind sports betting  —  - Fox is investing $236 million in The Stars Group, part of a partnership to launch Fox Bet, a new online sports betting service.
Discussion: The Drum, The Big Lead and Engadget
Justin Ray / Columbia Journalism Review:
Almost two years ago, an Austin TV reporter obtained Sandra Bland's video of a police traffic stop via an open records request; his station didn't publish it  —  In June 2017, Brian Collister was a lead investigative reporter for KXAN, a Nexstar-owned NBC affiliate in Austin, Texas.
Business Wire:
NYT Q1: net income up 37.6% YoY to $30.1M on revenue of $439M with 223K new digital-only subscriptions, for a total of 4.5M subscribers  —  NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE: NYT) announced today first-quarter 2019 diluted earnings per share from continuing operations …
Cynthia Littleton / Variety:
Fox Corporation beats expectations with profit of $529M, up 16% YoY, on revenue of $2.75B, up 12% YoY, with Fox News and Fox Sports delivering $741M of earnings  —  Fox Corporation outperformed Wall Street's expectations by delivering strong earnings in the newly minted company's fiscal third quarter.
 
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 More News: 
Kaya Yurieff / CNN:
Two months after Facebook said it would curb vaccine misinformation, anti-vaccination posts and a #vaccineskill tag still appear prominently in Instagram search
 Earlier Picks: 
Mark I. Pinsky / Poynter:
An examination of the role white-owned southern newspapers played in segregation and racial violence, and the belated apologies some have offered
Sam Roberts / New York Times:
Robert Pear, longtime New York Times reporter who covered Washington with a focus on health care policy for 45 years, dies at 69
Emily Nussbaum / New Yorker:
CBS censored a cartoon in CBS All Access' The Good Fight; writer said the network standards division was concerned the cartoon would endanger CBS execs in China