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The Daily Beast:
ThinkProgress, an editorially independent project of the think tank Center for American Progress, ends operations on Friday; a dozen staffers will be laid off — A search had been underway for a new publisher. But none was found. — ThinkProgress, the influential news site that rose …
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Kamaron Leach / Bloomberg:
Meredith stocks fell 28% Thursday after it issued its forecast for the FY starting in July, for which it predicted $675M adjusted earnings due to merger pains — - Time Inc. acquisition has been more difficult than expected — The earnings Meredith was expecting ‘just...poof! disappeared’
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@talkingnewmedia, @newsynick, New York Post, Wall Street Journal and Radio & Television …
Dylan Byers / NBC News:
Sources: Facebook's contracts with publishers for its News Tab will run around three years; Facebook is offering publishers $2M to $2.5M/year to license content — Moving the Market: Facebook's plan to offer news publishers millions of dollars a year for their content is being met …
Discussion:
@dylanbyers, @benmullin, @nickpacilio and @cyrilsam
Jessica Toonkel / The Information:
Sources: Spotify hires former CBS News President David Rhodes as a consultant to help expand into news and hires an executive from Facebook to oversee sports — Spotify has tapped former CBS News President David Rhodes as a consultant to help drive an expansion into news programming, say people familiar with the situation.
Discussion:
Variety
Mike Brest / Washington Examiner:
Bloomberg corrects original story about Labor Department staffer who briefly quit after Bloomberg mistakenly implied he once shared anti-Semitic Facebook posts — Bloomberg Law has changed their headline for a now-famous story about a Trump Labor aide who resigned over an old Facebook post.
Discussion:
Washington Post, @oliverdarcy, Mediaite, Talking Biz News, @oliverdarcy, @jtlol, @jdawsey1, @erikwemple, @mikebrestdc and Bloomberg Law
Data & Society:
Report outlines techniques used by media manipulators that hide sources of false information to promote media uptake, such as evidence collages and leak forgery — Online media manipulators often use specific techniques to hide the source of the false and problematic information they circulate.
Discussion:
@shannimcg, @shannimcg, @shannimcg, @craignewmark, American Press Institute and @shannimcg
Todd Spangler / Variety:
Crunchyroll, Otter Media's anime streaming-service, has acquired a majority stake in Viz Media Europe, a European distributor and manga publisher — Crunchyroll, the anime streaming-service division of WarnerMedia's Otter Media, entered into a pact to become the majority owner of Viz Media Europe …
Discussion:
Broadcasting & Cable and The Streamable
Anthony Crupi / Ad Age:
Nielsen: Thursday's NFL kickoff game drew a three-year ratings high for NBC, averaging 22M viewers; NBC streaming added another 627K viewers — Packers-Bears grudge match helps NBC scare up its biggest opening night since 2016 — Thursday night's NFL Kickoff Game wasn't exactly one for the ages …
Discussion:
CNN, MediaPost, Variety and Broadcasting & Cable
Rick Edmonds / Poynter:
In a white paper, seven academics propose offering all taxpayers a $50 write-off to donate to a favorite news outlet, be it print, broadcast, or digital-only — Here is a novel idea for saving serious journalism: Give every adult American $50, via an income tax checkoff, to donate to a favorite news outlet.
Discussion:
@whatthebit, The Rural Blog and Talking Biz News
Kali Hays / WWD:
British quarterly fashion magazine The Face, which relaunched its website in April, is now relaunching a print edition fifteen years after it was shut down — Don't expect a replay of some of the magazine's iconic moments. The Face is new and it means business.
Discussion:
What's New in Publishing
Melynda Fuller / MediaPost:
Diane Solway, formerly a features and culture director at W Magazine, is named editor-in-chief at Surface Media, which is owned by Future Media Group — Diane Solway is now Surface Media's EIC, effective today, Marc Lotenberg, CEO of Future Media Group, announced.
Benjamin Mullin / Wall Street Journal:
Internal memo from 85 NPR staffers shows backlash against news exec Nancy Barnes after she publicly criticized NPR's race relations coverage; Barnes apologized — Top news executive Nancy Barnes said publicly that NPR's coverage of race relations is ‘more lacking than we realized’
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