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3:40 PM ET, February 26, 2020

Mediagazer

 Top News: 
Paul Farhi / Washington Post:
ABC suspends reporter David Wright after reviewing Project Veritas footage in which he criticized Trump coverage and ABC News' promotion of Disney content  —  ABC News suspended one of its veteran correspondents late Tuesday for unguarded remarks he made in a video by operatives of Project Veritas …
The Walt Disney Co.:
Bob Chapek has been named CEO of The Walt Disney Company, effective immediately; Bob Iger will serve as executive chairman through 2021  —  1 BOB CHAPEK NAMED CHIEF EXECUTIVE OFFICER OF THE WALT DISNEY COMPANY Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct …
RELATED:
Peter Kafka / Vox:
Bob Iger's timing as he steps down is a head scratcher, but Disney is telling Wall Street and consumers that they shouldn't expect anything to change soon
Sarah Scire / Nieman Lab:
As The Markup launches, a look at its commitment to a scientific approach of amassing evidence, sharing methods, and providing data for other researchers  —  After a false start, the unconventional team of algorithm investigators is ready to dive deep.  “I've heard that we are tying …
Sara Fischer / Axios:
Minute Media, which owns The Players' Tribune and The Big Lead, raises $40M for a total of $160M, sources say at a $500M valuation  —  Minute Media is hoping to expand its business by selling publishing software as a service.
Discussion: Adweek, Variety, TechCrunch and @claytravis
Tim Peterson / Digiday:
Since moving its content team to Amazon Studios, sources say IMDb TV has been in talks to produce original scripted and unscripted shows  —  This article is part of the Digiday Video Briefing, which features must-reads, confessionals and key market stats.  To receive the Digiday Video Briefing, please subscribe.
Jennifer Maas / The Wrap:
AMC Networks posts revenue of $785M, up 1.6% YoY, with operating income of $42M in Q4 thanks to its four streaming services, which have 2M+ subscribers  —  AMC Networks swung to a loss in the fourth quarter of 2019 due in large part to higher SVOD costs and lower U.S. TV ratings.
Samantha Cole / VICE:
Two programmer-musicians algorithmically generated every 8-note, 12-beat MIDI melody in one octave and openly licensed them to help others in copyright suits  —  Two programmer-musicians wrote every possible MIDI melody in existence to a hard drive, copyrighted the whole thing …
Mel Grau / Poynter:
A look at a nearly two year fight by six women at The Boston Globe to get a more robust parental leave policy for the newspaper  —  Though they never heard the word “no,” it took nearly two years for these six women to get a more robust parental leave policy for the newspaper.
Nathaniel Meyersohn / CNN:
A look at The Costco Connection, a monthly magazine for Costco executive members, whose circulation of 14.3M makes it the fourth biggest magazine in the US  —  New York (CNN Business)Costco relies on a surprising perk to engage its executive members and keep them hooked on their $120-a-year subscription …
Discussion: @sapna and @raju
Emily Gould / The Cut:
A writer recalls her time at Gawker in 2007, including Nick Denton's shaming of her online, and how public shaming and online mockery leave lasting marks  —  Red Sketchbook, 2019.  Oil on canvas. 40 x 30 inches.  Courtesy the artist and V1 Gallery, Copenhagen.  Photo: Courtesy the artist and V1 Gallery, Copenhagen
Sarah Perez / TechCrunch:
Vimeo launches Vimeo Create, an app offered as part of its membership plans with social video creation tools for small businesses and marketers  —  Vimeo signaled last year its plans to move further into the social video creation and editing space with its acquisition of short-form video editor Magisto.
Melynda Fuller / MediaPost:
Playboy Enterprises restructures under a new parent company called PEI Holdings, which is expanding into DTC product sales and e-commerce  —  In a restructuring that will see its brands umbrella themselves under new consumer categories, Playboy Enterprises is restructuring under a parent company called PEI Holdings.
Discussion: @pe_feeds
 
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 More News: 
Joe Mandese / MediaPost:
IAB report: programmatic media buys now account for 85% of all digital ad spending, reaching nearly $79B in the US in 2020 and growing to $90.1B in 2021
Brian Cathcart / Byline Times:
How the Mail on Sunday admitted that it published a defamatory story about a beautician, but still dragged her through court before losing the libel suit
 Earlier Picks: 
Alex Sherman / CNBC:
Comcast acquires Xumo, an ad-supported video streaming service that has about 10M users, source says for over $100M
P R Sanjai / BloombergQuint:
Disney's Hotstar blocks an episode of John Oliver's show in India that criticized Narendra Modi
Georg Szalai / Hollywood Reporter:
Investor group that includes Searchlight Capital and led by former Viacom CFO Wade Davis agrees to acquire a 64% stake in Univision; Davis to become CEO