Mediagazer: Tribune Q4: earnings of $30.8M, down from $46.5M a year ago, on revenue of $252.3M, down 11% YoY; digital-only subscribers in 2019 grew 33.6% YoY to 334K (Tribune Publishing Company)

12:15 PM ET, March 5, 2020

Top News:

Negotiations break down as YouTube TV drops the YES Network along with some, but not all, Sinclair RSNs — YES Network said it is no longer on YouTube TV, which might signal a breakdown in talks between Sinclair Broadcast Group, which acquired a group of regional sports networks …

Discussion: The Streamable, @yesnetwork, Fast Company, Multichannel News, The Streamable, @yankeesopranooo, @lindseyadler, @falling_nova, @alexmsilverman, NextTV, @alexweprin and The Desk

Todd Spangler / Variety:

YouTube TV and Sinclair sign a deal for 19 RSNs, but the streamer won't carry the YES Network, Fox Sports Prime Ticket, and Fox Sports West, which airs LA games — YouTube TV and Sinclair Broadcast Group reached a deal covering most of the Fox regional sports networks …

Discussion: sbgi.net

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: American Press Institute, @mayor_steinberg, @suelmorrow, @mattsebastian, @media_evan, @webjournalist, @greenwombat, @media_evan, @seth_prince, @sammy_roth, @jboren4507, @mareevs and @amandakrhoades

Kevin G. Hall / McClatchy Washington Bureau:
A group of McClatchy's least-protected creditors join the federal pension agency in questioning company deals with Chatham Asset Management and Leon Cooperman

Discussion: @cltledger and US Bankruptcy Court Southern District of New York

Financial Times:

UK's Independent is profitable for a third consecutive year with profit of £2.3M on revenue of £27M, up 9% YoY; it ended its print edition four years ago — Digital-only strategy pays off for first major UK newspaper publisher to close printing presses

Discussion: Press Gazette, @tiagodf, @jamesrbuk, @markdistef, @stevejonespa and @rasmus_kleis

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.

Mark Wilson / Fast Company:

MIT study: when some news stories are labeled as fact-checked and disputed, stories with the same design but no labels are validated and seen as more accurate — In 2016, after coordinated propaganda on Facebook helped Trump win the election, the social media giant introduced a program …

Discussion: One Man & His Blog, researchgate.net and Fortune

Josh Constine / TechCrunch:
Daily Caller's Check Your Fact, a Facebook fact-check partner, faces criticism for labeling two stories on Trump, COVID-19 as “false”, raising process concerns

MediaPost:

Patch Media, which publishes 1,200+ hyper-local news sites, says its sites now have a total of 32M MAU and newsletters have 2M subscribers — Patch Media, the publisher of more than 1,200 hyper-local news sites, is a comparable bright spot among publishers of local news; it's having been profitable for the past four years.

Casey Michel / The Daily Beast:

Portable.TV, a news streaming app available in the App Store, masks its ties to RT, whose content it runs exclusively and with which it shares a parent company — The app bills itself as a “one-of-a-kind free streaming service & TV library of news programs.” But every single show is from Kremlin-backed TV channel.

Discussion: @noahshachtman, @walker_ct and Raw Story

Joe Otterson / Variety:

Pop TV cancels three original TV shows that were produced by outside studios as ViacomCBS prioritizes IP owned by the company — Pop TV is paring down its scripted programming commitments as dust continues to settle from the Viacom-CBS merger. Variety has learned exclusively that three original series …

Discussion: TV Insider, @brianstelter, The Wrap and Variety

Anna Nicolaou / Financial Times:

James Murdoch's Lupa Systems and Betaworks to fund an accelerator for start-ups to tackle disinfo; they plan to invest $100K in 10-20 projects in the first year — The former Fox CEO commits millions to battle against disinformation — James Murdoch, the younger son of Rupert Murdoch …

Discussion: @k8em0, @brooklynmarie, @lisatozzi, @christinemc6, @melissameehanau, @markdistef, @moorehn, @yashar and @tiagodf

Peter White / Deadline:

Disney strikes an exclusive multiyear deal with Italy's Telecom Italia Mobile to distribute Disney+ via an internet bundle, starting March 24 — The Walt Disney Company has struck its second European distribution deal for Disney+ in a week - this time with Italy's Telecom Italia Mobile (TIM).

Discussion: The Streamable and Variety

Tribune Publishing Company:

Tribune Q4: earnings of $30.8M, down from $46.5M a year ago, on revenue of $252.3M, down 11% YoY; digital-only subscribers in 2019 grew 33.6% YoY to 334K — Company Delivers Year-Over-Year Income Growth Along with Significant Growth in Digital Subscribers — Tribune Publishing Company …

Discussion: @jones_mattryan, @jones_mattryan, @jones_mattryan, @jones_mattryan, @jones_mattryan and @johnrussell99

Brian Stelter / CNN:

Chris Matthews abruptly announces his retirement amid his MSNBC talk show Hardball, after a string of recent controversies — (CNN Business)Chris Matthews, one of the country's best-known political talk show hosts, is retiring from MSNBC, effective immediately, after a string of recent controversies on and off the air.

Discussion: The Hill, Vogue, @juliezebrak, Vox, New York Post, Variety, Reason, @sarahellison, @howardfineman, Breitbart, @amandamarcotte, @martina, @nprinskeep, @digiphile, Understandably, @stevesilberman and @jayrosen_nyu

Washington Post:
Sources: Chris Matthews planned to retire after the 2020 election but was forced out of MSNBC following weeks of embarrassments

Discussion: Poynter, The Daily Beast, bookforum.com, @ericmgarcia, @lisang, @gerryconway, @sarahposner, @revmusicny and Raw Story

Archived Page Info:

This is a snapshot of Mediagazer at 12:15 PM ET, March 5, 2020.

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Who's Hiring in Media?

Accounting Specialist Editor, Remote US — Reuters

Senior Correspondent - Wealth, NY — WSJ

Asia Credit Reporter, Seoul — Bloomberg

Senior Editor, DC — National Geographic

Sr. Social Media Specialist, NC — espnW

Associate Editor - Aviation, TN — Firecrown

Assistant Editor - Digital, NC — SBJ

Video Producer - YouTube, NY — Morning Brew

Senior Managing Ed. - Daily Desk — The Athletic

Content Managing Editor — Freedom Forum

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Associate Editor, Remote — Tech Policy Press

Retail Reporter, MN — Star Tribune

Senior Data Editor, DC — U.S. News

Managing Ed. - Berks County, PA — Spotlight PA

News Editor - UK, Remote — The Verge

Staff Writer, TX — Dallas Observer

Multimedia Journalist, PA — Observer-Reporter

Service Journalism Editor, CA — Sacramento Bee

Content Director, Remote — Campaigns & Elections

Sports Reporter, ME — Bangor Daily News

Los Angeles Issues Reporter, CA — CalMatters

Reporter - Middle East — Rest of World

Executive Editor, OR — Lookout Local

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

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More News:

Marty Swant / Forbes:
Mailchimp has acquired Courier, a London-based media company focused on entrepreneurs and small businesses, which produces a magazine, newsletter, and more

Discussion: @danielgiaco, @martyswant, @benchestnut, @lukesbeard, @marcallera, @matthorrocks, @markdicristina, @jamiebrooker, @jeffxcourier, @newconsumer and @rafat

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

Discussion: @vanityfair and @arappeport

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

Discussion: @tabiegermain, @michellemanafy and MediaPost, Thanks:@benjamingoggin

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

Discussion: @dlippman, @jackshafer, Forbes and The Mary Sue

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

Discussion: @uspresstracker, @runthejules, @penamerica, Washington Examiner and CBS San Francisco

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

Earlier Picks:

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

Gene Maddaus / Variety:
Jury rules that PBS host Tavis Smiley violated the morals clause of his contract by having affairs with subordinates; PBS will be awarded at least $1.5M

Discussion: NPR, @alexheuer, @keithlalexander, The Wrap and Hollywood Reporter

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

Discussion: NBC News, Fortune, Variety, @devindra, @walthickey, @shahrzadrafati, @sub8u, @polina_marinova, @robertandrews, The Verge, TechCrunch, Tubefilter, Multichannel News, The Streamable and Broadcasting & Cable

Reed Richardson / Mediaite:
The White House banned audio and video recording of a COVID-19 media briefing with Mike Pence on Tuesday, stoking criticism

Discussion: @acosta, @noahbierman, @kimmasters, @pareene, @benyt, @katierogers, @weareoversight, Raw Story, @acosta, @kevinmkruse, @waltshaub, @acosta, The Week, Business Insider and The Week

Dan Mangan / CNBC:
The Trump campaign sues The Washington Post for defamation, citing two opinion posts about the campaign and Russia; the suit follows a similar suit against NYT

Discussion: @davidfolkenflik, New York Times, @davidakaye, @boutrousted, @paleofuture, @mehdirhasan, @helenkennedy, @ddayen, @sbg1, @eriqgardner, @timothynoah1, iMediaEthics and Breitbart

From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024, that let users log in under specific circumstances with any password if the account's username had 52+ characters

David Pierce / The Verge:
Amazon's plan to rearchitect Alexa around LLMs could finally help Alexa understand what users actually want and reduce the awkward syntax needed to use Skills

Stephen Groves / Associated Press:
US House Speaker Mike Johnson says the GOP “probably will” try to repeal the CHIPS Act, but then walks it back, saying the GOP may “further streamline” the bill

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