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6:50 PM ET, February 8, 2018


 Top News: 
Sydney Ember / New York Times:
New York Times overall subscription revenue, which now accounts for 60% of total revenue, rose to more than $1B for 2017; Q4 revenue rose 10% YoY to $484M  —  In a tough environment for journalism, The New York Times Company continued to post significant subscriber growth, propelling the company to a healthy 2017.
Megan Farokhmanesh / The Verge:
Twitch tightens community guidelines for hateful behavior, harassment, and sexually suggestive conduct, effective Feb. 19  —  New rules go into effect this month  —  Twitch is enacting stricter policies in the interest of curbing harassment and sexually suggestive behavior.
Selina Wang / Bloomberg:
Twitter Q4: profit of $91.1M, its first ever, revenue of $731.6M, up 2% YoY, vs. $686.4M est.; MAUs up 4% YoY but flat QoQ at 330M vs. 333M est.; stock up 10%+  —  Revenue rises to $732 million, topping analysts' estimates  —  Efforts to fight spam, bots limited gains in user numbers
The Daily Northwestern:
Northwestern journalism professor Alec Klein, director of the Medill Justice Project, takes leave of absence amid probe into allegations of harassment  —  Medill Prof. Alec Klein, who yesterday was accused of harassment by several former students and employees of Medill, is taking a leave of absence from Northwestern.
Steven Waldman / Report for America:
Report for America names 9 more news outlets that will host journalists, starting in June, including The Dallas Morning News, Chicago Sun-Times, and The Incline  —  The crisis in local journalism - a.k.a. the crisis in local democracy, a.k.a. why you can't find out if your water is polluted …
Todd Spangler / Variety:
Filing: Hulu lost $920M in 2017, compared to $531M in 2016, as owners invested $1B, vs. $733M in 2016; analyst estimates losses will climb 80% in 2018 to ~$1.7B  —  Hulu dropped deeper into the red last year as it boosted spending on originals and launched its live TV service — and the losses are expected to mount in 2018.
Discussion: Ubergizmo, 9to5Mac and The Verge
Sarah Perez / TechCrunch:
Hulu announces it is rolling out higher-quality 60 FPS video on select channels and devices
John Koblin / New York Times:
HBO signs deal with hosts of Pod Save America for series of TV specials ahead of midterm elections, a week after launching four shows by hosts of 2 Dope Queens  —  HBO is getting into podcasts.  —  The premium cable network has signed a deal with the hosts of the popular “Pod Save America” …
Andrew Liptak / The Verge:
Scribd, now with 700K subscribers, brings back unlimited subscriptions for $8.99/month and ends Scribd Select, but will throttle voracious readers  —  But there's a small catch for voracious readers  —  Two years after shifting away from its unlimited subscription model in favor of monthly credits …
Matthew Cooper / Politico:
A look inside the changes at Newsweek: changing owners, leaner budgets, and uneven standards in the last year as editors focused on traffic over accuracy  —  Newsweek is in shambles.  Time moved to Des Moines.  Is it my fault?  —  It was 3 a.m. on Saturday, and I was seething.
Dave McNary / Variety:
Lionsgate beats with $1.14B Q3 revenue, up 52% YoY, net income of $193M due to income tax benefit of $165M; motion picture unit sees 14% revenue increase  —  Lionsgate has reported higher earnings of $193 million, or 87 cents a share, for its third quarter ended Dec. 31, compared with a $30.6 million loss in the same quarter last year.
Jeff Baumgartner / Multichannel News:
SEC filing: T-Mobile paid about $325M for Denver-based Layer3 TV, to help launch T-Mobile's new TV service later this year  —  Will use acquisition to launch ‘disruptive’ OTT TV service later this year  —  T-Mobile paid about $325 million to acquire Layer3 TV, the Denver-based MVPD …
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 More News: 
Ricardo Bilton / Nieman Lab:
Substack, a platform that offers tools for writers to create and monetize their own newsletters, opens to all for free, takes 10% cut if newsletters charge fees
Sahil Patel / Digiday:
NBCUniversal and BuzzFeed launch Playfull, a millennial parenting channel on Facebook that marks the first time both companies have co-owned a publishing brand
 Earlier Picks: 
Ricardo Bilton / Nieman Lab:
Q&A with Trevor Kaufman, CEO of paywall tech firm Piano, on the rise of paywalls and subscription models, lack of longform strategy, and social distribution
Meg James / Los Angeles Times:
Tronc forms new company, Tribune Interactive, with Ross Levinsohn as its CEO and ex-LA Times EIC Lewis D'Vorkin as its chief content officer