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6:05 PM ET, May 17, 2019

Mediagazer

 Top News: 
Damian Carrington / The Guardian:
Marisa Guthrie / Hollywood Reporter:
Steve Kroft, the longest-tenured correspondent on 60 Minutes, is retiring, with his final segment airing Sunday  —  The show's longest-tenured correspondent is known for his incisive interviews and impactful investigations.  But he admits, “I'm not easy.”  —  Steve Kroft, the longest …
Ashley Carman / The Verge:
Spotify starts testing Car Thing, a voice-controlled smart assistant device for cars, with some Premium users in US  —  To learn how people consume audio in their car  —  Spotify will begin publicly testing its first hardware today: a voice-controlled smart assistant for cars …
Lucas Shaw / Bloomberg:
As streaming services look for content, the price to option magazine articles has soared; journalists and media organizations sometimes clash over revenue split  —  As a peripatetic writer for national magazines, David Kushner has traveled to some far-flung destinations.
Discussion: @gerryfsmith, Thanks:@steverubel
Tom Maxwell / Digiday:
9to5, the network of sites including 9to5Mac, 9to5Google, DroneDJ, and Electrek, now averages 40M monthly views, employs 20 full time staff, and is profitable  —  In an effort to go beyond Apple news and scoops, 9to5 is making a play into other verticals.  —  9to5, the network of news sites …
Ken Doctor / Nieman Lab:
Digital First Media's bid for Gannett may have failed this time, but industry executives continue to say they expect mergers among the big newspaper chains  —  This hostile takeover didn't work out.  But the thinking of industry executives remains dominated by the inevitable merging of America's big newspaper chains.
RELATED:
Nathan Bomey / USA Today:
Gannett shareholders voted to reject board nominees put forth by MNG Enterprises, also called Digital First Media and backed by Alden Global Capital
Yoolim Lee / Bloomberg:
London-based TI Media, formerly called Time Inc UK, sells its music magazines NME and Uncut to Singapore's BandLab Technologies  —  BandLab Technologies, a Singapore-based social music platform, has agreed to acquire British music magazines NME and Uncut from TI Media for an undisclosed amount to expand its global music media business.
Discussion: Press Gazette
Ryan Gallagher / The Intercept:
Three French journalists faced government interrogation, and now possibly jail time, after using a secret document to report on France's ties to the Yemen war  —  Journalists in France are facing potential jail sentences in an unprecedented case over their handling of secret documents detailing …
 
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 More News: 
Miriam Berger / The National:
Arabic podcasts, relatively free from regulation for the moment, rise thanks to young producers providing views on the Arabic world unseen in mainstream media
Post Bulletin:
Forum Communications announces a deal to acquire Minnesota's Rochester Post Bulletin from Small Newspaper Group
Discussion: @alex_veeneman and NewsCut
Louisa Thomas / New Yorker:
Q&A with sportswriter Jackie MacMullan on covering the NBA as a woman, social media, and how relationships between journalists and players have changed
Theodore Schleifer / Vox:
Sources: Quora, which has 300M+ MAUs, is raising a $60M round led by Valor Equity Partners at a valuation of $2B, and told investors it had $20M in 2018 revenue
 Earlier Picks: 
Paul Wallbank / Mumbrella:
Internal email: News Corp says it has passed 500K paid digital subscribers in Australia, eight years after it launched a paywall for The Australian
Discussion: Mediaweek
Drew Magary / The Concourse:
Deadspin columnist and GQ correspondent Drew Magary recounts his near-death experience with a subdural hematoma and his struggle with recovery
Todd Spangler / Variety:
Crackle, sold by Sony Pictures to CSS Entertainment in March, reports revenue of $11M and operating profit of $3.5M in Q1; sources say it was burning cash
 

 
From Techmeme:

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

Kyle Wiggers / TechCrunch:
AI21 Labs launches Jamba, an AI model that integrates two architectures: transformer and Mamba, which is based on the Structured State Space model

 
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