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
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
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:
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