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10:10 AM ET, March 1, 2018

Mediagazer

 Top News: 
Maggie Haberman / New York Times:
White House Communications Director Hope Hicks says she's resigning in coming weeks; sources say she has been considering leaving for several months  —  Hope Hicks, the White House communications director and one of President Trump's longest-serving advisers, said Wednesday that she was resigning.
Dan Primack / Axios:
Spotify files with SEC for $1B direct listing, will use SPOT as stock symbol; reports 71M paid subs, up 46% YoY, $4.09B revenue in 2017, up from $2.95B in 2016  —  Music streaming giant Spotify today filed for a $1 billion IPO.  Axios had previously reported on the company's confidential filing, but the new paperwork is public.
RELATED:
Peter Kafka / Recode:
Sony Music owns 5.7% of Spotify's shares, which is more than other music labels and potentially worth $1.1B based on a $20B valuation  —  Now it has to figure out how to divide that money with Beyonce and its other artists.  —  Spotify's coming IPO is validation for CEO Daniel Ek, who has built a giant music streaming business.
Theodore Schleifer / Recode:   How Spotify shareholders TPG and Dragoneer used convertible debt notes, which entitled them to more shares if listing was delayed, to force listing by July 2
Paris Martineau / The Outline:
After removing some conspiracy and pro-gun videos and channels, YouTube says it will reinstate videos, which may have been removed in error by moderators  —  Looks like that whole “content moderation” thing wasn't a joke after all.  —  The Future  —  Looks like that whole “content moderation” thing wasn't a joke after all.
RELATED:
Joseph Cox / Motherboard:
YouTube banned neo-Nazi group Atomwaffen Division's channel for violating hate speech policies following criticism and a request from the Anti-Defamation League  —  YouTube's removal only comes after a media flurry around the platform's inaction on neo-Nazi content.
Kara Bloomgarden-Smoke / WWD:
Vogue and Vice put on hold their collaboration, Project Vs, due to launch today; source says sexual harassment allegations at Vice caused loss of sponsorships  —  The project was put on hold after multiple sponsors got cold feet, according to sources.  —  Vice chief executive officer Shane Smith …
Akhil Arora / NDTV Gadgets 360:
Amazon Music launches in India as a free service for Prime members, available on Android, iOS, and the web  —  Amazon Music has been given a full-scale launch in India, the subscription-based music streaming service that's part of Amazon Prime membership.  You can now access it via music.amazon.in …
Natalia Drozdiak / Wall Street Journal:
EU announces guidelines mandating that tech firms remove terror content within one hour of it being flagged by law enforcement or Europol  —  EU announces guidelines to tech giants for removing terror and other illegal content from their websites  —  BRUSSELS—The European Union on Thursday upped …
Cynthia Littleton / Variety:
AMC Networks annual revenue grew 1.8% YoY to $2.8B as quarterly revenue fell 0.4% QoQ to $727M; total subscribers grew 3% to 11M for the full year  —  AMC Networks delivered a solid gain in total subscribers in 2017, thanks in part to the wave of digital MVPD services that launched last year.
Chris Stokel-Walker / Bloomberg:
Study: top 3% of most-viewed YouTube channels receive ~85% of all views, attract 1.4M+ views/month, but could bring only ~$17K/year each in advertising revenue  —  You can have a million views a month and still not be able to make rent  —  Do your children dream of YouTube stardom?
 
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 More News: 
Alexandra Steigrad / New York Post:
Source: Jay Penske sells minority stake of Penske Media Corp to Saudi Arabia's Public Investment Fund for $200M+, valuing Penske's company around $1B
Discussion: @pkafka
Mathew Ingram / Columbia Journalism Review:
Profile of The Disconnect, an online magazine featuring essays, fiction, and poetry that only reveals its content to readers when they disconnect from the web
Mark Sweney / The Guardian:
Daily Star editor Dawn Neesom has resigned and Daily Express editor Hugh Whittow is expected to resign Thursday following Trinity Mirror takeover
New Media Investment Group:
New Media Investment Group reports Q4 revenue of $394.4M, plans to close $14.25M purchase of Eugene Register-Guard in Q1, and spent $120M on Morris Publishing
Discussion: Poynter
 Earlier Picks: 
Brian Steinberg / Variety:
Viacom CEO Bob Bakish says the company plans to launch a streaming service later this year, making use of its archive content
Discussion: /Film and TV Tattle
Sarah Perez / TechCrunch:
Twitter begins rolling out its Bookmarks feature, which lets users privately save tweets and has been in testing since October 2017, to all mobile users
Daniel Funke / Poynter:
Three Dutch publications are suing the European Union over an EU project which classified them as “disinforming outlets”
Jessica DiNapoli / Reuters:
Sources: Weinstein Co's creditors want to lend it $25M to finance its movie and TV operations during upcoming bankruptcy and help protect their collateral
Al Tompkins / Poynter:
Behind-the-scenes of this week's Time magazine, which took two years to produce, has no advertising, and covers the American opioid epidemic cover-to-cover
Kristen Hare / Poynter:
How a chat between two reporters who covered Pulse and Sutherland Springs mass shootings led to creation of a Facebook group for journalists covering trauma