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2:20 AM ET, October 28, 2019

Mediagazer

 Top News: 
Adi Robertson / The Verge:
Zuckerberg cited a need for diversity of views when asked about Breitbart's presence in Facebook News, but also said News is only for high-quality, curated news  —  On Friday morning, Facebook announced its plan to spend millions of dollars on high-quality journalism, fueling the launch of a new dedicated news tab on its platform.
RELATED:
Margaret Sullivan / Washington Post:
Facebook takes a step forward by putting money behind high-quality journalism, but must not leave small publishers behind or promote purveyors of disinformation  —  Ronald Reagan called these the nine most terrifying words in the English language: “I'm from the government and I'm here to help.”
Todd Spangler / Variety:
At an event with News Corp's Robert Thomson, Mark Zuckerberg says every internet platform has a responsibility to fund and form partnerships for news
Justine Coleman / The Hill:
WaPo drew backlash for its digital headline on an obit of ISIS's Abu Bakr al-Baghdadi, calling him an “austere religious scholar”; the headline has been changed  —  The Washington Post changed the headline on its obituary for ISIS leader Abu Bakr al-Baghdadi after initially calling him an …
Nieman Lab:
Reuters Institute: how Rappler, Daily Maverick, and The Quint are retreating from engaging audiences at-scale via social media to build stronger communities  —  Dramatic shifts in the media landscape over the past two decades — including the advent of social media, the rise of participatory audiences …
Paul Farhi / Washington Post:
Trump's South Lawn press gaggles, of which there have been 75, allow him to grab the spotlight while marginalizing the press  —  A great racket rises, like a symphony of a thousand hedge trimmers, from the South Lawn of the White House.  A shambling pack of men and women …
Discussion: The Hill
Fred Nicolaus / Business of Home:
Profile of Food52, a media and ecommerce platform majority-owned by The Chernin Group that began as a recipe blog and now sells a wide range of home products  —  Summer is wedding season, but summer's over.  This autumn, it's media companies that are getting married.
Cynthia Littleton / Variety:
AT&T says it will sell its majority stake in Central European Media Enterprises to Czech investment firm PPF Group for $1.1B in cash, shedding $575M in debt  —  AT&T has struck a deal to sell its majority stake in Central European Media Enterprises for $1.1 billion as part …
Charlotte Tobitt / Press Gazette:
RAJAR: podcasts now reach 8.4M listeners in the UK, up from 6M in 2018, with 7.4M people listening to the BBC online or through apps  —  LBC's audience has grown by almost 500,000 people in the past year to reach 2.6m, the highest weekly reach in the station's 46-year history.
Deanna Ting / Digiday:
In Q3, Snapchat says total daily time spent on Discover increased by 40% YoY and 100+ Discover channels saw a monthly audience of more than 10M viewers  —  What was once a money pit for some publishers is now becoming more of a gold mine.  —  Snapchat Discover has become a profitable venture …
Daniel Tovrov / Columbia Journalism Review:
A look at Newsweek's grim condition: journalists are ranked by page views and expected to write four stories a day as the company struggles to pay its bills  —  No one working at Newsweek can tell me why it still exists  —  On March 20, Nancy Cooper, the editor in chief of Newsweek, sent an email to her editorial staff.
ProPublica:
Sources: John Solomon, now at Fox, worked closely with Rudy Giuliani associate Lev Parnas, sharing files and letting him watch an interview with Ukraine source  —  ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up for ProPublica's Big Story newsletter …
 
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 More News: 
Matt Zoller Seitz / Vulture:
Movie theater owners complain that Disney is now making 20th Century Fox classics unavailable for reruns, like it does with Disney titles
 Earlier Picks: 
Variety:
France-based Banijay Group to buy Endemol Shine for $2.2B from Disney and Apollo Global Management, creating world's largest non-US TV producer and distributor
Discussion: Hollywood Reporter
Brian Steinberg / Variety:
NBCUniversal says it would release ex-NBC News staffers who believe they were sexually harassed from NDAs, in a statement read by Maddow before Farrow interview
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions

 
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