Top News:
Christine Schmidt / Nieman Lab:
The Correspondent outlines its pre- and post-launch budget; it plans to hire five full-time journalists around the world and at least five freelancers a month — With just over 90 days until its official launch, the English-language — remember, not just U.S. — expansion of De Correspondent …
Discussion:
The Correspondent
Kelly McBride / Poynter:
How editors weighed competing values in deciding to post the photo of drowning victims Óscar Alberto Martínez Ramírez and his daughter Valeria at the Rio Grande — Editor's note: You can see the photo this column references by scrolling all the way to the end of this story.
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Brian Stelter / CNN:
Washington Post moves into Spanish language journalism with twice-a-week podcast and opinion columns — New York (CNN Business)The Washington Post's next expansion is in another language. The company's newsroom is launching a twice-a-week Spanish language podcast and the opinion section is beginning to publish pieces in Spanish.
Discussion:
@jciragorri
Todd Spangler / Variety:
Bustle Digital Group buys media brand Nylon, formerly a print magazine, for an undisclosed sum; its previous owner will become a minority BDG owner — Bustle Digital Group's Bryan Goldberg is back with more M&A: In the latest prong in Goldberg's roll-up strategy, BDG closed a deal to buy Nylon …
Simon Owens / What's New in Publishing:
Bundled news subscriptions struggle because publishers have no incentive to advertise bundles over their own offerings, and bundles have no exclusive content — Earlier this month, a company called Mogul News launched a news app that curates article content from three media outlets: Bloomberg, The Financial Times, and The Economist.
Wall Street Journal:
FCC probes whether Sinclair “engaged in misrepresentation” as it sought to buy Tribune Media; probe involves station spinoff plans in Chicago, Dallas, Houston — Local TV station operator could be facing significant fines or even loss of broadcast licenses
Christine Fisher / Engadget:
YouTube gives users a “don't recommend channel” option and a way to pick topics of interest for videos showing in Up Next or homepage, now on iOS and Android — No matter how advanced algorithms get, none will understand your YouTube viewing preferences better than you.
Discussion:
YouTube Blog, TechCrunch, The Next Web, Music Ally, Adweek, 9to5Google, The Verge and VentureBeat, more at Techmeme »
Carol LeBlanc / smithsonianmag.com:
Michael Caruso, editor in chief of Smithsonian Magazine, will step down at the end of June — It is with fondness and appreciation for his accomplishments that I announce that Michael Caruso, the Editor in Chief of Smithsonian magazine and the Vice President of Live Events, is stepping down from his position at the end of June.
Laura Hazard Owen / Nieman Lab:
Aggregation app SmartNews, which favors discovery over personalization and has 15M users, boosts traffic for pubs, but monetizing that traffic remains unproven — “If the publisher ecosystem is healthy, then SmartNews is healthy. That's going to be an important thrust going forward."
Discussion:
@brizzyc, @niemanlab and @richjaro
Charlie McGee / Wall Street Journal:
CEOs in S&P's communications services sector, which include media, telecom, and social networking companies, posted a median CEO pay of $22.6M — Their median compensation of $22.6 million last year ranked as the highest for any S&P 500 sector — Media titans came under heavy scrutiny …
Mark Sweney / The Guardian:
Publishers Association finds UK physical book sales fell by £168M, or 5.4%, in 2018, while audiobook sales surged by 43% to £69M — Publishers hit by surprise 5.4% fall in 2018 - but warn against proclaiming terminal decline — UK book sales fell for the first time in five years in 2018 …
Discussion:
@cmccrudden
ESPN:
Bob Ley, ESPN's longest-tenured anchor, is retiring at the end of the month after 40 years at the company — Bob Ley, after a 40-year career at ESPN, announced his retirement from the network Wednesday. — Ley, who had taken a leave of absence in October, said in a statement that he will be retiring at the end of this month.
Discussion:
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