Top News:

Transcript of a Q&A with the New York Times' Editorial Page Editor James Bennet which happened during a meeting with NYT staffers in December — “The world needs this from us right now.” … James Bennet: So the op-ed page was created to do a bunch of different things.
Discussion:
Splinter and Editor & Publisher
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NYT editorial-page editor James Bennet defends op-ed page controversy, saying it publishes a variety of voices; newsroom sources voice concern and embarrassment — A yoga-pants refusenik, a climate science skeptic, and a tech writer with a neo-Nazi pal, among other offenders, have put James Bennet in the crosshairs.
Discussion:
HuffPost, @blakehounshell, @wolfrum, @joshuahol, @jeffjarvis, @mathewi, @page88, @xeni, @gregmitch, @morlockp, Splinter, Splinter, @glennf, @maxboot, @rickyrawls, @vanityfair, @corgizhukov, @awinston, @paleofuture, @joepompeo, @jonathanchait, @jbenton, @jayrosen_nyu, @tomscocca, @jackshafer, @rbryant2012, @joepompeo, @sulliview, @willsommer, @onesarahjones, @davidklion and @jackmirkinson

Comcast offers about £22B for Sky, a 16% premium on the offer from Murdoch's 21st Century Fox — US cable TV group outbids 21st Century Fox's existing offer for broadcasting group … Comcast is attempting to gatecrash Rupert Murdoch's takeover of Sky, submitting a rival offer …
Discussion:
Variety, Press Gazette, The Wrap, InvestEgate, Fortune, MarketWatch, Broadcasting & Cable, Wall Street Journal, Variety, The Wrap, Bloomberg, TheStreet, Telegraph, The Guardian, Seeking Alpha, Reuters and @financialtimes

Facebook to launch Local News Subscriptions Accelerator, a $3M three-month pilot program to help metro papers boost digital subscription efforts — Facebook Journalism Project will announce today the launch of its Local News Subscriptions Accelerator, a $3 million, three-month pilot program …
Discussion:
@underoak, @michellemanafy, @jason_w_white, @thewilderthings, @nathanbomey, @onecolleen and @nkulw

Liberty Media offers $1.16B for a 40% stake in restructured iHeartMedia and will finance working capital if iHeart files bankruptcy according to term sheet — (Reuters) - Certain lenders and noteholders of iHeartMediaInc (IHRT.PK) on Monday said John Malone's Liberty Media Corp (FWONA.O) …
Discussion:
Variety, New York Post, Wall Street Journal, Radio Ink, Seeking Alpha, Media Star, @patricialclark and Hits Daily Double

Publishers are pivoting to subscriptions, as they did to video, but industry execs warn that reader revenue is a difficult business model to implement — Publishers are pivoting hard to subscriptions. In the past few months alone, publishers including CNN, The Atlantic and Wired have made moves to put up online paywalls.
Discussion:
@digiday, @raju, @janebsinger, @lpolgreen, @heytimgriggs and @craigsilverman

Discovery Communications had a net loss of $1.14B in Q4, says it expects to close $14.6B acquisition of Scripps Networks Interactive by end of Q1 2018 — (Reuters) - Discovery Communications Inc's (DISCA.O) revenue topped analysts' forecasts in the fourth quarter as the owner of Discovery Channel …

Former Fox News anchor Gretchen Carlson is returning to the small screen, joining Epix show “America Divided” as executive producer and correspondent — Carlson will executive produce and serve as a correspondent for season two of ‘America Divided.’ — Gretchen Carlson is returning to the small screen.

Discovery Communications CEO David Zaslav said the company has added nearly 500K subscribers in Europe to its streaming services during the Winter Olympics — “I can't think of another company ... that has been able to garner almost half a million subscribers in less than 15 days," says Discovery CEO David Zaslav.

The News Media Alliance is setting up a political action committee, which will reward members of Congress who help the newspaper industry meet its goals — The newspaper industry is working with Facebook to launch a new project to help local newspapers beef up their digital subscription efforts, Axios has learned.

Neo-Nazi group Atomwaffen Division continues to have a YouTube presence despite being implicated in five murders; YouTube says a warning label is sufficient — While social media platforms like Twitter crack down on abuse from alt-right accounts, YouTube is defending hosting propaganda videos …
Discussion:
@anthony, @cwarzel, HuffPost and Motherboard

The New York Times is in talks with streaming services and cable channels about launching a weekly ~30-minute TV show — The New York Times has conquered the podcasting world with “The Daily.” Now it wants to crack television with a weekly news program. — The Times is seeking …
Discussion:
Deadline and Hollywood Reporter