Top News:
Edmund Lee / New York Times:
NYT Q3: operating profit up 17.9% YoY to $44M on revenue of $428.5M with 273K new digital-only subscriptions, for a total of 4.9M print and digital subscribers — Readers continue to shower The New York Times with money. Advertisers, not so much. — The publisher added 273,000 …
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CNN:
So far, mainstream media including Fox News avoid publishing the alleged whistleblower's name in the Trump impeachment probe, amid pressure from Trump allies — New York (CNN Business)Fox News hosts and personalities have been instructed over the last several days not to identify …
Discussion:
Politico, NBC News, Breitbart, Talking Points Memo, Vanity Fair, BuzzFeed News, @yashar, Agence France-Presse, @existentialfish, The Week, @mlcalderone, @mlcalderone, @brianstelter, Associated Press, Associated Press, @oliverdarcy, @yashar, Mediaite, @yashar, @mlcalderone, @markszaidesq, @mlcalderone, @mlcalderone, Raw Story, Deadline and ABC17NEWS
Reveal:
Reveal from The Center for Investigative Reporting reveals that it has been fighting a lawsuit from Planet Aid for the past three years, which has cost it $7M+ — In 2016, Reveal from The Center for Investigative Reporting began publishing stories resulting from a wide-ranging investigation into Planet Aid …
Discussion:
@trevortimm, @kevincollier, @felixsalmon, @freedomofpress, @christacir, @scot_blog, @lpolgreen, @katiejmbaker and @jayrosen_nyu
Judd Legum / Popular Information:
Avaaz: false stories on Facebook had 158M views in 2019, greater than before the 2016 election, with 86M views in the last 3 months, up 3x over the prior 3 — An explosive new study reveals that political misinformation is running rampant on Facebook as the 2020 election approaches.
Discussion:
VICE, Nieman Lab, @green_footballs, @wajahatali, @scclemons, @juddlegum, @juddlegum, @juddlegum, @brianstelter, @juddlegum and @juddlegum, more at Techmeme »
Washington Post Newspaper Guild / Washington Post Newspaper Guild:
Washington Post Guild newsroom pay study: median salary for women of color is $30K less than white men; men receive a higher rate of merit pay raises than women — By members of the Washington Post Newspaper Guild — Washington Post employees work hard every day to ensure that our company is a leader in the journalism industry.
Craig Silverman / BuzzFeed News:
Researchers: Albany Daily News and City of Edmonton News, two local news sites in the US and Canada with millions of pageviews, are part of an ad fraud scheme — Since 2004, more than 2,000 newspapers have closed in the United States, and many local news outlets are struggling to build a digital business.
Discussion:
@craigsilverman, @craigsilverman, @mathewi, @craigsilverman, @pdmcleod, @profcarroll, @slpng_giants and @leavittalone
Tony Maglio / The Wrap:
Fox Corporation beats estimates with Q1 revenue of $2.67B, up 5% YoY, net income of $513M, down from $615M YoY, and announces a $2B stock buyback program — Fox reported its first-quarter fiscal 2020 financial results on Wednesday afternoon, when the evolving company also revealed a $2 billion stock repurchase program.
Sara Jerde / Adweek:
McClatchy launches Impact2020, a $50/year subscription for political news with an outside-the-beltway approach, via journalists in TX, FL, PA, NC, SC, CA, more — New subscription service Impact 2020 will cost $129 per year — As media organizations ramp up their coverage of the 2020 presidential race …
Discussion:
McClatchy Co, MediaPost, @thensim0nsaid, @emilycadei, @perrybaconjr, @jayrosen_nyu, @raleighreporter, @mcclatchy and @klr_editor
Peter Szekely / Reuters:
Florida county board says it will revisit the decision to reject its library system's request for a digital subscription to NYT, following backlash — (Reuters) - Responding to a public furor, a Florida county board on Tuesday said it would revisit its decision to reject its library system's request …
Discussion:
@hbraum, @anthony, Tampa Bay Times and Boing Boing
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Janko Roettgers / Variety:
Roku reports Q3 revenue of $260.9M, above analyst estimates and up from $173.4M a year ago, as net losses rose from $7.9M to $26.5M; stock drops 13%+ — Roku users streamed more than 10 billion hours of entertainment in the September quarter, helping the company to once again rake in big bucks with digital advertising.
Discussion:
The Streamable and Multichannel News, more at Techmeme »
Casey Newton / The Verge:
Twitter announces Topics, which lets users follow 300+ subjects in their timeline, rolling out from Thursday; topics include sports and gaming but not politics — Starting with more than 300 subjects across sports, gaming, and entertainment — Recently, a friend told me he wanted to spend …
Discussion:
@caseynewton, The Next Web, CNET, 9to5Mac, @airlineflyer, @kantrowitz and Engadget, more at Techmeme »
Vox Media:
Vox Media closes its acquisition of New York Media, the publisher of New York magazine and more, and says it now boasts a workforce of more than 1,250 people — CEO Jim Bankoff and President Pam Wasserstein address the newly expanded Vox Media team about the exciting road ahead
Discussion:
@bankoff, @melissabell, @dcseifert, @kantrowitz and @tyelland
Will Bunch / Philadelphia Inquirer:
Deadspin's staff revolt feels like part of a dramatic change for US labor, as workers seek a more moral workplace — As veteran Philadelphia journalist Dan McQuade — best known for turning a night out at a comedy show into the beginning of the end of Bill Cosby — watched his colleagues …
Discussion:
@dapper_feller, @dhm, @will_bunch and @dhm
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