Top News:
Paul Farhi / Washington Post:
Sources: Tronc is expected to announce it is selling the Los Angeles Times and the San Diego Union-Tribune to major shareholder Patrick Soon-Shiong — The Chicago-based owner of the Los Angeles Times is expected to announce it is selling the newspaper, according to people familiar with the company's plans …
Discussion:
Los Angeles Times, @farhip, Variety, @rachelking, The Wrap, @latlands, 89.3 KPCC, @petersterne, Splinter, @gabekahn, @kevinding, @chrismegerian, @kenvogel, @bencjacobs, @billshaikin, @mollyesque, @mattdpearce, @jbflint, @brianstelter, @jackshafer, NPR and KTLA
Christine Wang / CNBC:
Disney reports mixed Q1 results with revenue of $15.35B vs. $15.45B expected; media and networks, consumer and interactive, and studio units miss targets — The Walt Disney Company reported quarterly earnings that beat expectations on Tuesday, but revenue missed estimates.
Discussion:
Variety, Broadcasting & Cable, The Walt Disney Company, TVWeek.com, The New York Observer, The Wrap, The Playlist, @jyarow and FierceCable
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Variety:
Streaming service ESPN Plus will cost $4.99/month and launch in spring, requires ESPN subscription via “traditional or non-traditional methods”, Disney CEO says — ESPN's standalone streaming service will launch this spring, Disney CEO Bob Iger told analysts and investors shortly …
Discussion:
CNBC, Broadcasting & Cable, Recode, Associated Press, The Verge, @spingriffey and 9to5Mac
David Uberti / Splinter:
Memo: Nancy Cooper, IBT's Managing Ed, named acting editor of Newsweek; Jonathan Davis to return as chief content officer pending investigation into current CCO — After a handful of top reporters and editors were fired in a purge of the Newsweek masthead on Monday, about 40 …
Discussion:
@itsdavidford, @daviduberti, Politico, @moorehn and New York Times
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Chris Roush / Talking Biz News:
Investigative reporter David Sirota has resigned from Newsweek-owned International Business Times, after Newsweek EIC and others were fired
Lawrence Bonk / Mediaite:
Newsweek senior writer Matthew Cooper resigns in protest of firings and installation of editors seeking clicks and retweets over accuracy and fairness
Newsweek senior writer Matthew Cooper resigns in protest of firings and installation of editors seeking clicks and retweets over accuracy and fairness
Discussion:
@mattizcoop, Washington Post and The Daily Beast
Gaby Del Valle / The Outline:
Memo: Newsweek fires EIC Bob Roe, news director Ken Li; reporters Katz, Saul, who were investigating parent company's finances, also fired, according to report
Memo: Newsweek fires EIC Bob Roe, news director Ken Li; reporters Katz, Saul, who were investigating parent company's finances, also fired, according to report
Discussion:
Paste, Press Gazette, The Wrap, Ad Age, Talking Biz News, @daviduberti, @kelseymsutton, @craigsilverman, @wolfrum, @page88, @allie_elisabeth, @annamerlan, @kelseymsutton, NBC News, Newser, @katiedrumm, @dabeard, @morningmoneyben, @media_ink, @mikeisaac, USA Today, The Drum, New York Daily News, Editor & Publisher, BuzzFeed and @mikeisaac
Jeremy Barr / Hollywood Reporter:
Megan Greenwell becomes the first female chief editor at Gizmodo Media Group's sports site Deadspin, replacing Tim Marchman who was promoted — Greenwell becomes the site's first female chief editor and replaces the promoted Tim Marchman. — Megan Greenwell was announced on Tuesday …
Discussion:
@megreenwell, @raju, The Wrap, @page88, @michellelegro, @jamilsmith, @amandahess, @djheller, @erikmal, @max_read, @attackerman, @albertburneko, @minakimes, @emmaroller, @stevekandell, @byjoelanderson, @senari and @aliciakennedy
Sarah Frier / Bloomberg:
Snap's Q4 revenue, $285.7M vs. $252.8M est., topped analysts' estimates for first time since the firm's IPO, and average revenue per user rose 46% YoY to $1.53 — Company tops analysts' estimates for first time since 2017 IPO — In rare win, social-media underdog adds clients, runs more ads
Discussion:
Snap Inc., Digiday, VentureBeat, Forbes, TechCrunch, Business Insider, @jank0, @kantrowitz, @bloombergtv, The Verge, Engadget and Business Insider, more at Techmeme »
Financial Times:
Study of 48K Facebook pages and 14K Twitter accounts from Oct. 2017 to Jan.: Trump backers share more extremist and phony posts than all other groups combined — Ultra-rightwing conservatives shared more false stories on Facebook than all other political groups combined in the three months …
Boris Kachka / The Cut:
Inside a decade of sexual harassment allegations and bullying at WNYC, amidst CEO Laura Walker's attempt to turn the organization around — One morning in late November, an employee in the sponsorship department of WNYC, the public-radio behemoth that transmits “Radiolab,” “All Things Considered …
Discussion:
Nieman Lab, @jayrosen_nyu, @glennf, @siddhmi, @mitrakalita, @ericuman, @glennf, @ilyamarritz and @maryjaneweedman
Corey Ford / A Matter-Driven Narrative:
Matter announces local news bootcamps for for-profit news outlets, working with colleges in MO, NY, CA, and GA, plus Google News Lab and News Media Alliance — Today, we launch Open Matter: Local News Bootcamps with Google News Lab, News Media Alliance, and 4 Top J. schools.
Discussion:
Nieman Lab, The Keyword, @ptalamantes, @coreyford, @newsalliance, @mckeanml, @morepete, @kenromano, @grove, @googlenewslab and Editor & Publisher
Alex Heath / Cheddar:
Sources: Viacom is to announce another round of layoffs this week affecting dozens of staff, mostly in its sales and marketing divisions — Viacom is planning to announce a significant round of layoffs this week, Cheddar has learned. — The exact number of cuts is unclear …
Discussion:
@rwmead, Tubefilter, @pcsathy and @bingchen
April Simpson / Current:
NPR's Daniel Zwerdling, a veteran investigative journalist, has left the network; sources say allegations of sexual harassment were filed to HR in November — Daniel Zwerdling, a veteran investigative journalist at NPR, has left the network amid allegations of sexual harassment.
Discussion:
@kryssypease, @aprilehrlich, @alyssaedes and NewsCut
Daniel Funke / Poynter:
Fact-checkers from news orgs including Libération, Snopes, and Factcheck.org will meet with Facebook today to discuss their efforts to tackle fake news — Facebook and its fact-checking partners will meet in Silicon Valley Tuesday to work out their differences — and the latter have some pretty specific asks.
Discussion:
@intergentic, @niemanlab, @mantzarlis, @dpfunke and @rasmus_kleis
Jessica Elgot / The Guardian:
UK's Theresa May launches a review that will examine the health of online ad-driven media and whether state intervention is needed to preserve the press — Government review will assess whether state-intervention is needed to preserve the press … The decline of local journalism is a threat …
Discussion:
@oldmansaid