Top News:
Alex Kantrowitz / BuzzFeed News:
Twitter will begin testing “Fleets”, letting iOS and Android users make posts that disappear after 24 hours, in Brazil, finally using a Stories-like format — On Wednesday, Twitter will begin testing a feature, called “Fleets,” that will allow you to post photos, videos …
Discussion:
@kayvz, The Verge, Variety, TechCrunch, Nieman Lab, The Wrap, @kantrowitz, @alexeheath, Ad Age, @pallahabdul, @adriana_lacy, NBC News, @walldo, @joshconstine, @neerajka, Fortune, Tubefilter, @sarahintampa, @ow, @mims, @nickstatt, @markdistef, @jimwaterson, @carnage4life, @felixsalmon, @davidcochrane, @sarahfrier, @amywebb, @jpbrammer, The Week, @hshaban, Wired, @caseynewton, @amandamull, @leslieberland, @hshaban, @loudmouthjulia, @stephlauren, @iwriteallday_, Seeking Alpha and Reuters, more at Techmeme »
Elaine Low / Variety:
Source: Netflix cancels five film screenings and a panel planned for SXSW, joining others who have canceled screenings, including Apple and Amazon Studios — Netflix is the latest company to pull out of SXSW 2020, a source familiar with the situation tells Variety, canceling five film screenings and a panel for #BlackExcellence.
Ryan Lillis / Sacramento Bee:
Sacramento's mayor is recruiting a group to try to buy McClatchy's Sacramento Bee, convening a forum March 27 to discuss structure with a goal of raising $20M+ — Sacramento Mayor Darrell Steinberg is working to form a local ownership group that could purchase The Sacramento Bee …
Discussion:
@mayor_steinberg, @sammy_roth, @amandakrhoades, @jboren4507, @mareevs, @greenwombat, @suelmorrow, @mattsebastian, @webjournalist, @media_evan and @media_evan
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Benjamin Goggin / Business Insider:
American Media, owner of celebrity and fitness magazines, continued cuts this week, laying off at least 23 editorial staffers in its Celebrity Digital Group — - American Media, Inc., former owner of the National Enquirer and current owner of at least a dozen celebrity and fitness magazines …
Discussion:
@tabiegermain, Thanks:@benjamingoggin
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R.T. Watson / Wall Street Journal:
Quibi says it has closed a second round of financing worth $750M that includes about $400M raised at the end of 2019, bringing its total raised to $1.75B — Closing $750 million financing round brings total raised to $1.75 billion — Short-form video streamer Quibi said it has closed …
Michael Barba / The San Francisco Examiner:
San Francisco reaches a plan to pay freelancer Bryan Carmody $369,000 to settle claim after police searched his home, office, and phone records in a leak probe — Nearly a year after police raided his home and office in a widely condemned infringement of his rights as a journalist …
Discussion:
Washington Examiner, @runthejules, @penamerica, @uspresstracker and CBS San Francisco
Brian Stelter / CNN:
Michael Bloomberg's run coming to a close ends a tricky time for Bloomberg News staff, but his political spending and Joe Biden endorsement may usher in another — New York (CNN Business)As Bloomberg TV wrapped up its live coverage of Super Tuesday, correspondent Kevin Cirilli asked, “Who had the worst night tonight?”
Discussion:
Forbes, The Mary Sue, @jackshafer and @dlippman
Washington Post:
Sources: Chris Matthews planned to retire after the 2020 election but was forced out of MSNBC following weeks of embarrassments — On Monday night, Chris Matthews gathered with the crew of his long-running MSNBC show “Hardball,” his family and the network's president, Phil Griffin …
Discussion:
The Daily Beast, @sarahposner, @gerryconway, @ericmgarcia, @lisang, @revmusicny, Raw Story and Page Six
RELATED:
Brian Stelter / CNN:
Chris Matthews abruptly announces his retirement amid his MSNBC talk show Hardball, after a string of recent controversies
Discussion:
Vogue, Vox, New York Post, @kathleenparker, Reason, Washington Post, Variety, @juliezebrak, Breitbart, @sarahellison, @howardfineman, Understandably, @amandamarcotte, @martina, @nprinskeep, @digiphile, @stevesilberman, @lebassett, @jayrosen_nyu, @jamesfallows, @rvawonk, @hardballchris, @lebassett, The Nation, Raw Story, Always Be Watching and @secupp
Brian Steinberg / Variety:
ViacomCBS CEO Bob Bakish says the company is preparing to sell its publishing unit, Simon & Schuster, as it is “not a core asset” — ViacomCBS is preparing to sell its publishing unit, Simon & Schuster, as the company re-evaluates all its assets in a fast-changing business landscape.
Mike Jaccarino / Vanity Fair:
A look at the decline of the New York Daily News, which once competed with the New York Post for NYC tabloid supremacy but is now propped up by a skeleton crew — When I worked there as a “runner,” the News was locked in a storied war with the New York Post for tabloid supremacy of New York City.
Discussion:
@vanityfair and @arappeport
Kayleigh Barber / Digiday:
Minute Media CRO says ~50% of its revenue, projected to be ~$200M this year, comes from its B2B business licensing tech to clients like USA Today and Billboard — Many digital publishers looking for alternative revenue streams to advertising turn to subscriptions and commerce.
Tim Peterson / Digiday:
Sources: Roku has talked with media and entertainment companies about producing original shows for its ad-supported Roku Channel — 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.
Discussion:
@sizpatel, Multichannel News and The Streamable
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