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Andrew Ross Sorkin / CNBC:
NBCUniversal invested $500M in Snap IPO as part of a strategic investment and partnership, making it the only US media company with a stake — NBCUniversal, a unit of Comcast and parent of CNBC, invested $500 million in Snap during its IPO as part of a strategic investment and partnership, according to sources.
Discussion:
Ad Age, VentureBeat, The Wrap, New York Times, Fast Company, TechCrunch, Business Insider, Wall Street Journal, Tech Trader Daily, Fortune, Variety, @adamjohnsonnyc, @mcwellons, @edmundlee, @dubois, @edmundlee, @jackmarshall, @jyarow, @joshsternberg, @anthony, Softpedia News, NBC Chicago, Axios and Engadget
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Peter Kafka / Recode:
NBCUniversal CEO's note to employees: Snap investment “builds on our strategy to drive digital growth for our business” — Here's a note from CEO Steve Burke. — Comcast's NBCUniversal invested $500 million in Snap when it went public this week.
Discussion:
@recode, The Wrap, Engadget, @pkafka, @thedomino, @jarroddicker, @alexweprin, @edmundlee, TechCrunch and Fortune
Wall Street Journal:
Snap closed first day of trading at $24.51 per share, 44% above original price of $17, valuing the company at around $34B
Discussion:
Fortune, @kantrowitz, CNBC, New York Times, The Wrap, Wall Street Journal, MediaNama, Talking Biz News, Fortune, Bloomberg, Reuters, TIME, Los Angeles Times, Forbes, The Wrap, Recode, Ad Age, TechCrunch, Digiday, Digital Trends, Recode, AOL, The Guardian, VentureBeat, Bloomberg, NPR, TIME, Dealbreaker, CNBC, Fortune, Recode, The Guardian, The Information, Daring Fireball, Gizmodo, @danprimack, Softpedia News, Forbes, HYPEBEAST, The Daily Caller, @scottmaustin, VentureBeat and Axios
Benjamin Mullin / Poynter:
Juan Thompson, who was fired from The Intercept for fabricating quotes, is arrested on suspicion of making bomb threats against eight Jewish community centers — Juan Thompson, who was fired from The Intercept last year for fabricating quotes, has been arrested on suspicion of making bomb threats against Jewish community centers.
Laura Hazard Owen / Nieman Lab:
Q&A with New York Times editor Jake Silverstein, on the paper's recent front-of-book redesign and how the Times sees print and digital working together — “One thing that's cool on this project is seeing how print and digital can be friends.” — New York Times journalist Maggie Haberman's tweetstorm …
Discussion:
@andysternberg, @laurahazardowen, @journalism and @niemanlab
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Adrienne LaFrance / The Atlantic:
Even in an age of nearly-real-time news, big stories still often break in the evening because of newspaper print deadlines
Discussion:
Washington Post, bookforum.com, New York Times, Fox News Insider, Common Dreams, Newsy, Business Insider, IJR, Al Jazeera English, The Guardian, The New Civil Rights Movement, FOX2now.com, The Wrap, Vanity Fair, AOL, Mother Jones, The Gateway Pundit, Hot Air, BGR, Politicus USA, TheBlaze, Infowars, Above the Law, The Huffington Post, @mattdpearce, CNN, @lizziejohnsonnn, @rationaldoge, @geniepee, @amyweissmeyer, @ejgold94, @adriennelaf, @elizabethangell, Washington Monthly, Mediaite, The Slot, The Week and Lawyers, Guns & Money
Romain Dillet / TechCrunch:
Automattic, the company behind WordPress, launches new importing tool that makes it easier to copy Medium content to a WordPress site — Publishing platform Medium recently laid off dozens of people. So if you don't want to hand away your precious writing to a startup that is still looking …
Discussion:
@techcrunch, The WordPress.com Blog and VentureBeat
Reuters:
Sources: Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides he would not tolerate leaks to the news media — President Donald Trump's Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides …
Discussion:
Mediaite, PEN America, @carenbohan, @ewstephe, @braddjaffy, @davidwright_cnn, @jackshafer, @tomkutsch, @teddyschleifer, @amy_siskind, @berkowitzbt, @skoczela and AOL
Haje Jan Kamps / TechCrunch:
News curation app Discors adds NYT and FT to its $4.99/month subscription model, which already includes The Economist, WaPo, and other publications — News outlets are having the time of their lives as people are flocking in to subscribe, but what if you want to read more than one news outlet?
Discussion:
@techcrunch, @ahayesroth and @mattervc
Andrew R. Chow / New York Times:
Bob Mankoff is stepping down from his post as the cartoon editor of The New Yorker after a 20-year run; Emma Allen will succeed him in April — Bob Mankoff is stepping down from his post as the cartoon editor of The New Yorker after a 20-year run. — Emma Allen, another editor at the magazine …
Discussion:
WWD, @willystaley, Washington Post, @nytimesarts, @dylanbyers, @jeremywins, @stuartenyt, @kbsmoke, @laurenzcollins and @andrewgiambrone
Margaret Sullivan / Washington Post:
Journalistic basics resulted in strong stories from two newspapers after weak cable news punditry followed President Trump's Congress speech — Call it the revenge of the reporters over the pundits. — Tuesday night was a low point for “the media” — if such a multi-headed beast …
Discussion:
New York Times, CNN, LawNewz, The New York Observer, Common Dreams, Fox News, Snopes.com, Observer, Slate, Politicus USA, USA Today, The Guardian, TheBlaze, The Huffington Post, Vanity Fair, Business Insider, Washington Monthly, Fox News Insider, The Wrap, Newsy, Al Jazeera English, Bold, Rolling Stone, IJR, AOL, Above the Law, @jasonkauf1, @jamilsmith, Hit & Run, Mother Jones, The New Civil Rights Movement, The Week, The Slot, Hot Air, Gothamist, @jnelz, @bobbierman, @carloslozadawp, @jayrosen_nyu, Miami New Times, @jayrosen_nyu, @laurahelmuth, @hofrench, Infowars, @johnrobinson, Mediaite, Q13 FOX News, New York Magazine, Lawyers, Guns & Money, The Hill, RT, Boing Boing, NPR, Mashable, Refinery29, www.wnyc.org, The Daily Caller, emptywheel, Talking New Media and Axios
John Sudworth / BBC:
BBC team assaulted in China, is forced into signing confession for trying to conduct “illegal interview” by thugs and officials, while working on story — We'd arranged to meet a woman in her village in China's central Hunan Province and to then travel with her by train to Beijing, filming as we went.
Discussion:
New York Times, The Guardian, The Guardian, The Quint, @rosieblau, Press Gazette, @hendopolis and @spytalker
Kristen Hare / Poynter:
Interview with Matt DeRienzo, who was named LION's executive director this week, on trends, business models, and making newsrooms “healthy again” — When Matt DeRienzo started working with Local Independent Online News Publishers two years ago, he thought the local news business had hit the bottom of cuts and layoffs.
Discussion:
LION Publishers, @kristenhare, @mattderienzo and Editor & Publisher
Chaim Gartenberg / The Verge:
Spotify says it has 50M paying subscribers, up from 30M in March 2016 — Spotify continues to cement its place as the leader in music streaming, and today the company announced that it just hit another milestone of 50 million paid subscribers. … It's impressive growth for the company …
Discussion:
Forbes, VentureBeat, @spotify, HYPEBEAST, Digital Trends, TechCrunch, Softpedia News, Variety, Fast Company, CNET, Engadget, Mashable, Axios, Tech Narratives, 9to5Mac and MacRumors
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