Top News:


Lessons from the fall of Mic, the millennial-focused, Facebook-dependent site which left staffers exhausted, distrustful of leadership, and financially insecure — “I don't need a pair of Nikes. I need a 401(k)" — and other lessons from the death of a venture-backed, Facebook-dependent, millennial-focused news site.
Discussion:
Nieman Lab, @perlberg, @scottbix, @jamilahking, @danielmarans, @adamserwer, @hlmacmillen, @rubinafillion, @lauren_kelley, @sophiekleeman, @itstheannmarie, @reckless, @andreagonram, @nicktheandersen, @mitrakalita, @mattgertz, @nataliesurely, @rmc031, @seanblanda, @kciesemier, @lainnafader, @timherrera, @mcastimovies, @pkafka and @lkherman


Bustle Digital Group acquires Inverse, a science- and geek culture-focused site, which was founded by Bleacher Report cofounder Dave Nemetz and had raised $6M — Bustle Digital Group has made another acquisition in an attempt to grow beyond its female-focused audience.
Discussion:
Variety, Business Insider, Adweek, @davenemetz, @timmulk and @joshuatopolsky, Thanks:@kerrymflynn


Pew survey of 10,618 Americans from last fall: 61% say the news media intentionally ignores important stories, 19% say media is biased or focused on opinions — It's not just the media institutions — Americans' trust in the federal government, and each other, is dropping.
Discussion:
@lrainie, Pew Research Center, @baekdal, @marklittlenews, @pewresearch, @pewresearch, @pewresearch and New York Times


Air Mail, Graydon Carter's new weekly email newsletter that costs $50 annually, is a big glossy magazine stuffed awkwardly into your inbox — Carter's old-school editorial mode might not be in tune with the medium he now occupies. — The Author of a Wildly Popular Manifesto on Abstinence …
Discussion:
@arifleischer, @publicroad, @slate and bookforum.com


A look at the work of Puerto Rican news nonprofit CPI, whose publication of texts sent by the governor has partly sparked protests demanding his resignation — New York (CNN Business)Puerto Rico's Center for Investigative Journalism has broken many, many stories in the past eleven years.
Discussion:
@brianstelter, @frances_sola, @brianstelter and @julito77


Zenith: online advertising forecast to grow by 10% globally next year, the lowest level since 2001, as big brands seek risk-free placement in traditional media — Sector to be outpaced next year by cinema ads as big companies raise fears over digital scandals
Discussion:
@guykawasaki and AdExchanger


The CBS blackout is the 213th one in 2019 while only eight blackouts occurred in 2010 as reliance on retransmission fees makes negotiations more strained — Among media companies, “going dark” was once a matter of last resort. Now it's an option that is seeing more light.
Discussion:
The Streamable and @davezatz


EU allots €1.5M to responding to press freedom violations, like providing “tangible protection for journalists,” as part of €4.2M in funding for media projects — The European Union has opened up €4.2m (£3.8m) in funding for projects supporting media freedom …


Libel trial opens against Maria Ressa, the editor of Philippine news site Rappler and critic of President Rodrigo Duterte — Maria Ressa faces prison term if convicted under criminal cyberlibel law — A libel trial against the editor of Rappler, a Philippine news site critical of the regime …
Discussion:
@ericwishart, The Straits Times, @jostevenslabour, Asian Correspondent and RAPPLER


News UK halved the number of podcasts it produces to 22 last year and saw double the downloads and triple the ad revenue — In an effort to focus its resources with fewer, more specific shows, News UK cut the number of podcasts it produces in half, to 22 last year.


Newly profitable, Axel Springer and Samsung's news aggregator app Upday plans to launch on other platforms and introduce a podcast aggregator this year — Axel Springer's line of defense against the duopoly, news aggregator app Upday, is now profitable and gearing up to scale further and drive more revenue.
Discussion:
@upday_press


Study of 4M+ tweets during 2017 elections: the ratio of links to professional news sources vs. “junk news” was 7:1 in France, 5:1 in UK, and 4:1 in Germany — In the EU, junk is replacing news from the government, not news from the mainstream media.