Top News:
Wall Street Journal:
Sources: Vox Media's all-stock bid values New York Media at ~$105M, while Vox is valued at ~$750M in the deal; Vox was worth ~$1B in last funding round in 2015 — Deal would give New York about 12% of combined company — Vox Media's acquisition of New York Media values the New York magazine-parent …
Discussion:
@benmullin, @asharma and @mccarthyryanj
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New York Times:
Vox Media has agreed to acquire New York Media, publisher of New York magazine and websites The Cut, Grub Street, Intelligencer, The Strategist, and Vulture
Vox Media has agreed to acquire New York Media, publisher of New York magazine and websites The Cut, Grub Street, Intelligencer, The Strategist, and Vulture
Discussion:
Digiday, Nieman Lab, @edmundlee, Digiday, @nbj914, Vox, CNBC, American Press Institute, CNN, Adweek, @milesperhoward, @mikkipedia, @jackshafer, @mikkipedia, @bankoff, @jackshafer, @pkafka, @jackshafer, @jbenton, Vanity Fair, New York Post, @bmorrissey, Vox Media, @pilhofer, @moorehn, AdExchanger, @laura_june, @waltmossberg, @pkafka, Talking Biz News, @rysimmons, @jheimbrock, @caro, @banikarim, @anildash, @yashar, @fimoculous, @olivianuzzi, @filmcrithulk, @jbenton, @rafat, @edmundlee, @edmundlee, @oliverdarcy, TechCrunch, MediaPost, Poynter, Ad Age, bookforum.com, Vox Media, Bookninja, The Hill, The Wrap, Variety, Mediaite and Deadline
Michael M. Grynbaum / New York Times:
MSNBC anchor Nicolle Wallace cut away from Trump's live news conference on Wednesday citing falsehoods made by the president; other networks chose to fact-check — Seven minutes after President Trump began his first news conference since House Democrats opened a formal impeachment inquiry …
Discussion:
The Hill, @janinezacharia, @poniewozik, @ericzuck, @nytimesbusiness, @nytimesbusiness, @deanluk, @jason_kint, @grynbaum, @mlcalderone, Variety and MSNBC
Kristen Hare / Poynter:
How The News Reporter of Columbus County, a small-town NC newspaper, increased its circulation and subscription revenue by building a digital-first workflow — Poynter and API teamed up this week to take a deeper look at what's working in local news. Here, you can read how The News Reporter grew …
Discussion:
Better News, @kristenhare, @cislmunc, @cislmunc, @poynter, @travis5mith, @michaelbarthel, @pennyriordan1 and The Rural Blog
Lukas I. Alpert / Wall Street Journal:
Verizon is sponsoring a two-year program for free NYT access on computers in any of the 12K US schools in low-income areas that choose to receive it — Deal aims to promote Verizon and the Times simultaneously — Verizon Communications Inc. is sponsoring a program to make the New York Times available free …
Fanny Potkin / Reuters:
Indonesian ride-hailing service Gojek launches GoPlay, a mobile-only video streaming platform, for ~$6 per month — JAKARTA (Reuters) - Indonesian ride-hailing and payments firm Gojek launched a video streaming service featuring original movies and TV shows on Thursday …
Jon Lafayette / Broadcasting & Cable:
Samsung: 44% of viewers switch back and forth from streaming to linear TV; 45% of viewing time is spent on streaming, of which 40% is spent on ad-supported VOD — Consumers switching from linear to streaming — While the number of consumers watching streaming video has grown to 74% …
Report For America:
Report for America hires a recruitment chief, Norman Parish III, as it makes plans to scale up from 60 corps members now to 250 in 2020 — Norman Parish III, who over a three-decade career has worked in newsrooms in seven states, including as a metro editor in Chicago newsrooms, is Report for America's new Director of Recruitment.
Patrice Taddonio / FRONTLINE:
Saudi Arabia's Prince Mohammed bin Salman says Jamal Khashoggi's murder “happened on my watch” but that it occurred without his knowledge — Nearly one year ago, the murder of Washington Post columnist Jamal Khashoggi inside the Saudi consulate in Istanbul shocked the world.
Discussion:
@karaswisher and Sputnik International
Charlotte Tobitt / Press Gazette:
NYT's Mark Thompson warns “print-centric” UK newspapers face mass closures and says it is a myth to blame Facebook and Google for news industry's difficulties — New York Times chief executive Mark Thompson has warned UK newspapers are still too “print-centric” and face mass closures without drastic changes in policy.
Discussion:
Nieman Lab and @vwpickard
Andrew Bucholtz / Awful Announcing:
The ACC Network, owned by ESPN, is now available on AT&T's U-verse and AT&T TV Now, leaving Comcast as the last big holdout — The ACC Network continues to grow its distribution. Following deals with Cox, Dish, Charter and more over the last month, ACC Network is now available …
Discussion:
Cord Cutters News, @wfusportsstats and The Streamable
Christine Schmidt / Nieman Lab:
Treating individual donors and major givers alike, Mother Jones, which makes 55% of budget from reader donations, is set to raise $25M in its first big campaign — This is a story of how to turn 47 percent into $25 million. — In 2012 — eons ago in the speed of news cycles these days …
Tim Baysinger / The Wrap:
Comscore settles with SEC on charges the firm and its ex-CEO made false statements, engaging in a fraudulent scheme to overstate revenue by ~$50M from 2014-2016 — Comscore and its former CEO Serge Matta were charged Tuesday by the SEC with engaging in a fraudulent scheme to overstate revenue …
Discussion:
@alexweprin, @lloydmathias, MediaPost, @dansinker, Politico, Engadget, @rachsyme, Broadcasting & Cable, @rachsyme, @mike_thomsen, @austin_walker, @bgrueskin, @laura_june, @danielleiat, @lgbtqfc, @emilybell, @jakeswearingen, @cwarzel, New York Post, U.S. Securities …, Gizmodo, Ad Age and Fortune