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2:40 PM ET, April 3, 2018

Mediagazer

 Top News: 
Olivia Nuzzi / New York Magazine:
David Smith, the executive chairman of Sinclair Broadcast Group, said print media has no credibility and no relevance  —  David Smith, the executive chairman of Sinclair Broadcast Group, said he dislikes and fundamentally distrusts the print media, which he believes “serves no real purpose.”
RELATED:
Gabriel Sherman / Vanity Fair:
Sources: Trump wants USPS to increase Amazon's shipping costs as advisers encourage the president to cancel Amazon's cloud computing contract with the Pentagon  —  With the West Wing finally calm, Trump is contemplating a multi-front campaign against Jeff Bezos.
RELATED:
Sydney Ember / New York Times:
Washington Post's Martin Baron refutes Trump's claims that the Post acts as a lobbyist for Amazon as Trump conflates the two, which have different leadership  —  Amazon does not own The Washington Post.  President Trump, however — impervious to certain facts and armed with a Twitter account …
Keach Hagey / Wall Street Journal:
Sumner Redstone will not have final say on potential CBS-Viacom merger as he has only one vote on National Amusements, the holding company owning voting stakes  —  The 94-year-old media mogul would be one vote among seven National Amusements board members  —  Sumner Redstone …
RELATED:
David Faber / CNBC:
Sources: talks between Viacom and CBS have hit a snag, as they are divided over who would be second-in-command at the new company, Bob Bakish or Joe Ianniello  —  - CBS has not made a formal offer to buy Viacom after social issues raised a roadblock in the talks.
Discussion: Broadcasting & Cable
Jeremy Barr / Hollywood Reporter:
Fox News President Jack Abernethy releases statement in support of Laura Ingraham, says network will not be “censored by agenda-driven intimidation efforts”  —  The cable news outlet's co-president Jack Abernethy said the network won't be “censored by agenda-driven intimidation efforts.”
RELATED:
Business Insider:
Twitter accounts linked to Russian influence operations have rallied behind Fox News host Laura Ingraham as advertisers ditch her show
Mark Sweney / The Guardian:
Disney has expressed an interest in acquiring Sky News, whether or not its acquisition of 21st Century Fox proceeds, as UK regulator scrutinizes Fox's bid  —  Move aims to allay media plurality fears over 21st Century Fox's takeover of British broadcaster
RELATED:
Georg Szalai / Hollywood Reporter:
21st Century Fox proposes to sell Sky News to Disney or establish it as a separate entity with a 15-year funding guarantee to seal the deal with UK regulators  —  The news came in an update published by Britain's Competition and Markets Authority, which has been looking at concerns about Sky News' independence from Fox.
Peter Kafka / Recode:
Spotify, which posted operating loss of $461M in 2017, thinks its reliance on labels will ease; sources: hope is more artists will work directly with Spotify  —  The streaming music company wants to get more music — and more profitable music — from the little guys.
Nicholas Diakopoulos / Columbia Journalism Review:
The age of trends is over, as social signals like retweets and likes are too easily manipulated by bots, and journalists must learn to identify their influence  —  Bots are everywhere.  A report by The New York Times recently outed about 3.5 million of them on Twitter.
Discussion: VentureBeat
Maane Khatchatourian / Variety:
Film and TV veteran Catherine Tait named president and CEO of CBC/Radio-Canada, becoming the first female in the role  —  - Angelina Jolie Says Making ‘First They Killed My Father’ Was About Discovering ‘What the Film Means’  —  TORONTO — Film and TV veteran Catherine Tait has been appointed …
 
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 More News: 
Media Matters for America:
Kevin Williamson's media appearances over a decade: he said Laverne Cox is not a woman, said he supported torture, and called Mexican immigrants “peasants”
Chris Roush / Talking Biz News:
Quartz reporter David Yanofsky, lawyers from Reporters Committee for Freedom of Press win FOIA lawsuit against US Department of Commerce for immigration data
Discussion: Quartz
LA Weekly:
LA Weekly claims its writers are being cyberbullied, editors lose stories and access, and a boycott threatens its free speech as two events have been cancelled
 Earlier Picks: 
Monmouth University Polling Institute:
Poll: 75% of Americans believe major news outlets report “fake news”, 65% say “fake news” applies to editorial decisions, 83% think outsiders plant fake stories
Jia Tolentino / New Yorker:
Teen Boss, a quarterly magazine for 8-15 year-old girls focusing on making money and building brands, reinforces female ambition as smiling and social
 

 
From Techmeme:

Apple Inc.:
Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.6B est., China sales down 2% YoY to $16B, vs. $16.83B est., and authorizes a $100B share buyback program

Amazon.com, Inc.:
Amazon reports Q1 revenue up 9% YoY to $155.67B, vs. $155.04B est., operating income up 20% YoY to $18.4B, and forecasts Q2 operating income below estimates

David Yaffe-Bellany / New York Times:
Trump's World Liberty Financial says Abu Dhabi's MGX fund is making a $2B investment in Binance using World Liberty's USD1 stablecoin, raising ethical concerns
 
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