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3:20 PM ET, May 16, 2017

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 Top News: 
Brendan Gauthier / Salon:
Fox News and Infowars published a debunked conspiracy about murdered DNC staffer Seth Rich, which remained on FoxNews.com after Rich's family issued a statement  —  Fox publishes a bogus story that's easily debunked.  Then Infowars says a bigger story is evidence of a coverup
Casey Tolan / Mercury News:
Fox News host Kimberly Guilfoyle says she's in talks about becoming White House press secretary  —  The Fox News host and former First Lady of San Francisco tells the Bay Area News Group: 'I'm a patriot, and it would be an honor to serve the country.'  —  NEW YORK — Kimberly Guilfoyle …
Sam Levin / The Guardian:
Review shows Facebook's anti-fake news initiatives as ineffective, with many articles disputed by fact-checkers being labeled “disputed” too late or not at all  —  hen Facebook's new fact-checking system labeled a Newport Buzz article as possible “fake news”, warning users against sharing it, something unexpected happened.
Kristen Hare / Poynter:
The Associated Press partners with social media management company SAM to launch a Storyful competitor, the AP Social Newswire  —  The Associated Press has become the latest news organization to get into the user-generated content game, announcing on Tuesday the launch of a new service called AP Social Newswire.
Discussion: Nieman Lab
Adrienne LaFrance / The Atlantic:
Q&A with the NYT's Public Editor Liz Spayd on the role, dealing with criticism, and how she doesn't have any “wholesale regrets” about columns she's written  —  It's been a hell of a year for the public editor of The New York Times.  —  The veteran journalist Liz Spayd started in the gig last July.
Marisa Guthrie / Hollywood Reporter:
At ESPN's upfront, President John Skipper defended the network's recent layoffs to advertisers, saying the current environment forces execs to be “realists”  —  “The current environment forces us to be realists as well as optimists,” he assured media buyers at the network's May 16 upfront.
Discussion: Variety
RELATED:
Brian Steinberg / Variety:
ESPN says it's ready to strike deals with advertisers based on live viewing figures across TV, mobile, and digital screens
Discussion: Fortune and @bristei
Joe Concha / The Hill:
Ousted Fox News host Bill O'Reilly joining Glenn Beck on his radio show for a weekly slot, every Friday  —  Former Fox News titans Bill O'Reilly and Glenn Beck will be reuniting for a weekly spot on Beck's radio show.  —  “We're going to do that every Friday until Beck gets tired of me,” …
Discussion: Forbes, Mediaite, IJR and Variety
Biz Stone / Medium:
Twitter cofounder Biz Stone says he's returning to the company to guide company culture, more  —  I worked at Twitter for about six years.  In that time, the service grew from zero people to hundreds of millions of people.  Jack was the original CEO and when he returned I was very happy.
Josh Gerstein / Politico:
Russian oligarch Oleg Deripaska is suing the Associated Press for libel over its reporting on his relationship with Trump's former campaign chairman Manafort  —  A Russian aluminum magnate with ties to President Donald Trump's former campaign chairman, Paul Manafort, is suing The Associated Press …
Ben Fritz / Wall Street Journal:
At Disney, questions remain about who will succeed Bob Iger, with sources saying a candidate is unlikely to be announced until at least 2018  —  Twelve years into running the world's largest media conglomerate, the question of who will succeed Robert Iger at Walt Disney Co. is more uncertain than it has been for nearly a decade.
Discussion: @davecbenoit
Rick Kogan / Chicago Tribune:
Chicago Tribune parent tronc enters into nonbinding letter of intent to acquire Wrapports Holdings, owner of rival Sun-Times; Sun-Times to operate independently  —  Tronc, owner of the Chicago Tribune, has entered into a nonbinding letter of intent to buy the Chicago Sun-Times.
RELATED:
Vulture:
During the 2016-17 season, 27 returning TV shows suffered a 25% or larger decline in ratings, as viewers switch to streaming services  —  Almost every year since 2013, Vulture has published a chart illustrating the performance of veteran TV shows during the most recent season.
Discussion: Fortune
RELATED:
Shalini Ramachandran / Wall Street Journal:
As cord-cutting picks up pace, media companies are competing to make it into skinny bundles, with channels like Nickelodeon and TNT finding themselves left out
Discussion: Fortune and Light Reading
 
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Pamela McClintock / Hollywood Reporter:
Sources: Disney CEO Bob Iger says hackers claiming to have access to an upcoming movie have demanded a ransom; the company is refusing to pay it