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
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
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