Mediagazer: Sources: in Q3 2017, Spotify made €1B in revenue, putting it on track for €4B in full year revenue, up 40% YoY, and had an operating loss between €70M and €90M (Alfred Lee/The Information)

7:15 AM ET, February 7, 2018

Top News:

Sources: Tronc expected to announce, as early as Wednesday, sale of LA Times and San Diego Union-Tribune to shareholder Patrick Soon-Shiong for ~$500M in cash — Los Angeles biotech billionaire Patrick Soon-Shiong is nearing a deal to buy the Los Angeles Times and the San Diego Union-Tribune …

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: The Walt Disney Company, Variety, Broadcasting & Cable, The Wrap, FierceCable, The Playlist, The New York Observer and @jyarow

Peter Kafka / Recode:

Streaming service ESPN Plus launching next month at $4.99/mo; sources say it won't have ESPN cable channels' content, which still requires ESPN subscription — How much would you pay for sports you weren't watching on TV? — Want to pay for a subscription to ESPN without paying for a subscription to other cable channels?

Discussion: The Wrap, Variety, CNBC, CNNMoney, Ad Age, Engadget, Associated Press, The Verge, @spingriffey, 9to5Mac and Broadcasting & Cable, more at Techmeme »

Samantha Cole / Motherboard:

Pornhub says it's banning AI-generated fake porn videos because they're “nonconsensual”, yet such “deepfake” videos are still available via site search results — The giant porn site puts deepfakes in the same category as revenge porn.

Discussion: The Guardian, Fast Company, The Verge, The Next Web, Mashable, The Daily Dot and Trusted Reviews, 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 …

Discussion: Mother Jones, The Guardian, Newsweek, The Daily Caller, @markfollman, @stepleton6, @samueloakford, @mattgarrahan, @john_hudson, @solange_lebourg, @niemanlab, Harold Capenter, Oxford Internet Institute, New York Magazine and McClatchy Washington Bureau

Robert Feder:

Three former editors of DNAinfo Chicago are starting a local news site with five reporters, funded by subscriptions with support from blockchain-based Civil — Three editors from the former DNAinfo Chicago are reuniting to start up a new neighborhood news website to be funded by reader subscriptions.

Discussion: @emily__olsen, @lillian_ruiz, @rachelholliday, @amandarivkin, @greenfieldjohn, @byalisonbowen, @amlwhere and Stephanie Graves

Alfred Lee / The Information:

Sources: in Q3 2017, Spotify made €1B in revenue, putting it on track for €4B in full year revenue, up 40% YoY, and had an operating loss between €70M and €90M — Spotify generated a billion euros ($1.2 billion) in revenue in the third quarter of 2017, according to two investors briefed on the numbers.

Discussion: hypebot, more at Techmeme »

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: NPR, TVWeek.com, NewsCut, thecut, @kryssypease, @aprilehrlich and @alyssaedes

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., Business Insider, Forbes, New York Times, TechCrunch, The Drum, ZDNet, @jank0, @bloombergtv, TechCrunch, Business Insider, @kantrowitz, The Verge and Engadget, more at Techmeme »

Craig Silverman / BuzzFeed:

Russian trolls posed as black activists on Tumblr and generated hundreds of thousands of interactions with anti-Hillary Clinton, pro-Bernie Sanders content — Tumblrs run by Russian trolls generated hundreds of thousands of interactions with anti-Hillary Clinton, pro-Bernie Sanders content.

Discussion: @d1gi and @profcarroll, more at Techmeme »

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, @page88, @aliciakennedy, @max_read, @emmaroller, @senari, The Wrap, @michellelegro, @jamilsmith, @amandahess, @djheller, @erikmal, @attackerman, @albertburneko, @minakimes, @stevekandell and @byjoelanderson

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, @morepete, AndroidHeadlines.com, @ptalamantes, @coreyford, @newsalliance, @kenromano, @googlenewslab, @mckeanml, @grove and Editor & Publisher

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: New York Post, @itsdavidford, Talking Biz News, Paste, The Wrap, @daviduberti, The Outline, Mediaite and @moorehn

Chris Roush / Talking Biz News:
Investigative reporter David Sirota has resigned from Newsweek-owned International Business Times, after Newsweek EIC and others were fired

Discussion: @kelseymsutton and @craigsilverman

Archived Page Info:

This is a snapshot of Mediagazer at 7:15 AM ET, February 7, 2018.

View the current page or another snapshot:

Who's Hiring in Media?

Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

Copy Editor, Remote US — ProPublica

Markets Reporter, NY/CA — Sherwood Media

Staff Writer, MI — Watershed Voice

Food Reporter, CA — SF Standard

Staff Writer, NV — Las Vegas Weekly

Pharma Editor, Remote — Endpoints

Higher Ed. Reporter, Remote CA — EdSource

Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Senior Narrative Editor, CA — Cloud Chamber

Editor-in-Chief, NY (flexible) — The 74

Housing Reporter, OK — The Frontier

Writer/AI Content Reviewer, CA — Outlier

Writer/Editor, Remote — Mediaite

Multi Media Reporter, NC — Cardinal & Pine

Afternoon/Night Editor, NH — Keene Sentinel

Education Lab Editor, WA — Seattle Times

Senior Editor, Remote US — PCWorld

State Worker Reporter, CA — Sacramento Bee

Executive Editor, NM — Searchlight

News Assistant, NY — Quanta Magazine

Local Editor, NJ (Remote) — Patch

News Editor/Reporter, KS — Blade-Empire

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Stewart Clarke / Variety:
European Commission conditionally approves Discovery Communications $14.6B takeover deal for Scripps Networks Interactive

Discussion: Engadget and Broadcasting & Cable

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

Discussion: @rwmead and Variety

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

Discussion: @oldmansaid

Nadia Khomami / The Guardian:
UK judge rules that the warrant for Julian Assange's arrest should stand, despite Swedish case being dropped, because he breached UK bail conditions

Discussion: Law & Crime, HuffPost UK, @skynewsbreak, @horsehousing, @blogdiva, @angryblacklady and @psawers

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

Discussion: @intergentic, @niemanlab, @mantzarlis, @dpfunke and @rasmus_kleis

Earlier Picks:

Ted Johnson / Variety:
Recent FCC filings suggest Sinclair Broadcast Group will seek waivers so it can own more than one top-four station in a market alongside Tribune acquisition

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

Discussion: Nieman Lab, @jayrosen_nyu, @glennf, @siddhmi, @mitrakalita, @ericuman, @glennf, @ilyamarritz and @maryjaneweedman

VICE:
Two far-right nationalists barged into Vice's Romania offices and filmed the encounter, the latest in a string of similar incidents by white supremacists

Discussion: @caitlin__kelly

Jim Rutenberg / The Wilson Quarterly:
How attacks by candidate and President Trump gave the NYT a renewed excitement to show the worth of traditional journalism based in fact and without aggression

From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page