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9:50 PM ET, April 14, 2018

Mediagazer

 Top News: 
Mark Sweney / The Guardian:
WPP CEO Martin Sorrell resigns following investigation into personal misconduct; Mark Read and Andrew Scott appointed joint COOs  —  Boss of world's largest marketing group steps aside amid investigation into personal misconduct … Martin Sorrell has said he will step down as head of the British-based global advertising agency WPP.
Chicago Tribune:
Michael Ferro sells stake in Chicago Tribune parent Tronc to McCormick Media for $208.6 million  —  Michael Ferro, who resigned last month as chairman of Chicago-based newspaper chain Tronc, has struck a deal to sell his entire stake in the company, according to a filing late Friday with the Securities and Exchange Commission.
Danielle Tcholakian / Longreads:
Robyn Doolittle, who investigated Rob Ford, criticizes decision to cast a man in the film adaptation, highlighting the lack of women leads in journalism movies  —  Rachel McAdams on the set of ‘Spotlight’ in 2014 (Stickman/Bauer-Griffin/GC Images)  —  The 2002 Robert Evans biopic The Kid Stays …
New York Times:
Profile: new owner of Los Angeles Times, biotech mogul Patrick Soon-Shiong, who plans to move LAT to suburbs, and pursued Dean Baquet and Marty Baron for EIC  —  LOS ANGELES — As a son of Chinese immigrants growing up in apartheid South Africa, Patrick Soon-Shiong spent his afternoons racing through …
Rob Haskell / Vogue:
Disney CEO Bob Iger talks about digital disruption from Silicon Valley, his decision not to run for president in 2020, and Black Panther  —  Disney's plan to acquire 21st Century Fox is about keeping up with a rapidly changing world.  “The status quo, to me, is a joke,” says Iger, photographed at home in Los Angeles.
Lisa Richwine / Reuters:
Comcast plans to include Netflix with its TV bundles starting this month and gives no details about pricing; it will handle Netflix billing for customers  —  LOS ANGELES (Reuters) - Comcast Corp (CMCSA.O), the leading U.S. cable television provider, will offer new video packages …
Tess Owen / VICE News:
Facebook removes pages linked to white nationalist Richard Spencer and The Nationalist Initiative's page; all pages are linked to “hate groups” by the SPLC  —  Two Facebook pages associated with white nationalist Richard Spencer have been kicked off the platform.
Mark Gurman / Bloomberg:
Apple staff memo says it caught 29 leakers, including staff, contractors, and suppliers, in 2017, 12 arrested; memo implies possible legal action for leaks  —  Company memo says it found 29 ‘leakers’ last year, 12 arrested  —  CEO Tim Cook pledged to ‘double down’ on secrecy in 2012
Todd Spangler / Variety:
7Park Data analysis: at Netflix and Hulu, 80% and 97% of US viewing is of licensed content, respectively; 42% of Netflix users watch mostly licensed content  —  Netflix is spending a pretty penny on original entertainment — but while that stuff grabs most of the headlines …
Discussion: The Wrap, CinemaBlend and Variety
Bloomberg:
Les Moonves's contract stipulates a ~$187M payout if he's dismissed or demoted and chooses to leave though NAI says it wants him to lead the combined company  —  CEO would stand to collect large payout if dismissed  —  Controlling shareholder can change board and management
Discussion: Deadline
 
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 More News: 
Adam Thomas / European Journalism Centre:
The EJC, with €1.7M funding from the News Integrity Initiative and Civil, to offer grants to emerging EU media organizations in October 2018 and February 2019
Discussion: Journalism.co.uk and Nieman Lab
The Guardian:
UK court on right to be forgotten: Google has to remove links about one man who “showed remorse” for past conviction, can keep links for another, who didn't
 Earlier Picks: 
Madison Malone Kircher / New York Magazine:
Sources: Snapchat redesign has led to metrics volatility for Discover publishers; Snap has invited publishers to daylong summits for discussion
Josh Schwartz / Nieman Lab:
Chartbeat: Google Chrome Suggestions is driving 100M+ visits a month to news sites in US on Android, is fast approaching Twitter as a referrer to news
Discussion: Business Insider
Benjamin Mullin / Wall Street Journal:
eMarketer: growth of native ad spending is slowing, will rise 31% in 2018 after growing about 50% in 2017; over 75% of 2018 mobile display ads will be native
Jon Brodkin / Ars Technica:
FCC Chairman Ajit Pai declines to investigate Sinclair after a dozen senators requested a probe under “news distortion” standard of the public interest test
Don Thompson / Associated Press:
Carl Ferrer, Backpage.com CEO, pleads guilty to state, US charges of conspiracy, money laundering; Texas AG says the company pleaded guilty to human trafficking
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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