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3:40 PM ET, October 18, 2017


 Top News: 
McClatchy reports Q3 adjusted net loss of $5.9M on revenue of $212.6M, down 9.4% YoY; total ad revenue was $115.3M, down 13.4% YoY  —  McClatchy (NYSE American-MNI) recorded after-tax non-cash charges of $230.9 million in the third quarter of 2017, leading to a quarterly net loss of $238.9 million, or $31.28 per share.
Discussion: Poynter
Steven Shepard / Politico:
Morning Consult/Politico poll: 46% of voters think the media makes up stories about Donald Trump, with the number rising to 76% among Republican voters  —  But voters diverge from the president on whether the federal government should be able to punish news organizations that he believes make up stories about him.
Sources: Facebook and Google helped Secure America Now, a conservative nonprofit advocacy group, target ads for an anti-refugee campaign in swing states  —  The big tech companies worked closely with Secure America Now to target an audience the group felt could be swayed by the message.
Joe Pompeo / Vanity Fair:
Time's Michael Duffy, deputy managing editor and editorial director of parent company Time Inc., is leaving company after 32 years  —  A three-decade, 50-cover-story vet goes over the side as a new digital regime consolidates: “With Duffy gone, the vestiges of what Time used to be go with him,” said a former colleague.
Ex-Variety staffers call former editor-in-chief Peter Bart one of Harvey Weinstein's greatest protectors, a charge Bart denies  —  In the 1990s, Peter Bart turned Variety into one of the most powerful institutions in Hollywood.  In doing so, he helped turn Harvey Weinstein into another.
Cynthia Littleton / Variety:
Bob Weinstein, Harvey's brother, accused of sexual harassment and joking he could fire showrunner for a Spike TV series if she kept refusing dinner invitations
Rob Price / Business Insider:
The Guardian announces $55M venture capital arm, GMG Ventures, which will focus on media tech and invest in areas ranging from AI to payments  —  - The Guardian is launching a £42 million venture capital firm to invest in startups related to media-tech.
Discussion: The Drum, The Guardian and @rafat
Jon Lafayette / Broadcasting & Cable:
Nielsen is to launch a new service measuring viewership figures for Netflix shows; the streaming service does not currently disclose ratings  —  Studios and networks sign on for SVOD content ratings  —  While Netflix doesn't divulge how many people are watching its shows …
New York Times:
Politifact and Snopes, using Google AdSense, unwittingly hosted ads by fake news publishers; source says AdSense has terminated the ads  —  SAN FRANCISCO — The headlines are eye-catching.  Melania Trump is leaving the White House!  Home renovation cable star Joanna Gaines has abandoned her HGTV show and husband Chip Gaines!
Jon Lafayette / Multichannel News:
Discovery Communications Eurosport unit partners with Snap to create Olympics-focused content for Snapchat Discover, in a bid to attract younger viewers  —  Mobile content from Eurosport to be aimed at younger viewers  —  Discovery Communications' Eurosport unit and Snap have formed …
Dade Hayes / Deadline:
Ted Sarandos says Netflix plans to produce 80 original movies in 2018  —  Aiming for a level of output not seen since the two-reeler silent movie days, Netflix plans to put out a new original movie on average every four and a half days in 2018, for an eye-popping total of 80 releases …
Discussion: CinemaBlend and The FADER
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 More News: 
Darrell Etherington / TechCrunch:
CNN wins first-of-its-kind waiver from FAA to fly drones over crowds regardless of population density, at altitudes of up to 150 feet
Discussion: Fortune and Multichannel News
Brian Steinberg / Variety:
Advertisers are drifting towards streaming services like Amazon and Netflix at the urging of their clients, as viewers shift eyeballs and TV ratings dwindle
Alexandra Alter / New York Times:
George Saunders Wins the Man Booker Prize for ‘Lincoln in the Bardo’
Discussion:, BBC and NPR
Binoy Prabhakar / Nieman Lab:
Profile of The Print, a digital outlet covering Indian politics, founded by former Indian Express CEO and editor-in-chief Shekhar Gupta
 Earlier Picks: 
Erin Griffith / Wired:
Internal email details Twitter's plans to update rules on abuse, including expanding reporting options, hiding hate symbols behind warnings, more
Brian Stelter / CNNMoney:
Amazon Studios chief Roy Price resigns, company spokesman says, after suspension following sexual harassment claim