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11:55 AM ET, May 4, 2018


 Top News: 
Felix Salmon / Slate:
Bloomberg is already well funded by terminals; one reason Bloomberg is adding paywall is because it can, another may be to offset expenses of Bloomberg TV  —  In recent years, hundreds of publications have started putting up some version of an online paywall.
John Micklethwait / Bloomberg:
Consumers are coming around to paying for content again, and relying on readers for income presents fewer ethical dilemmas for editors than chasing ads  —  Automated, personalized, mobile, paid for, and (eventually) less fake.  Quality journalism is coming back.
Sahil Patel / Digiday:
Sources: Snap has ended its licensing fee agreement with publishers who chose it in 2016; all publishers will rely on ad revenue from Snapchat Discover  —  Snap is no longer paying licensing fees to publishers for their Snapchat Discover channels, leaving those publishers instead to live off advertising.
Discussion: @rasmus_kleis
Sara Fischer / Axios:
Group Nine Media's NowThis to launch NowBreaking, a breaking news channel exclusively for Snapchat Discover, in June
Discussion: Tubefilter, MediaPost and Adweek
Todd Spangler / Variety:
CEO Susan Wojcicki says YouTube now has 1.8B logged-in users each month, announces new content deals with Will Smith, Coachella, and more  —  Video site renews deals for ad-supported shows Demi Lovato, Kevin Hart, Slow Mo Guys  —  YouTube now has 1.8 billion logged-in users each month …
Alison Flood / The Guardian:
The Swedish Academy says it will announce the Nobel Prize in Literature for 2018 in 2019, amid sexual assault allegations against husband of academy member  —  The Swedish Academy, which has become mired in controversy over its links to a man accused of sexual assault, announced on Friday morning …
Parag Agrawa / Twitter:
Twitter urges all users to change passwords after it found a bug that stored unmasked user passwords in an internal log; no indication of breach or misuse found  —  When you set a password for your Twitter account, we use technology that masks it so no one at the company can see it.
Anthony Ha / TechCrunch:
A look at BuzzFeed's Vidder, a video editing tool that lets anyone in the company build a video within minutes, no experience required  —  Although the “pivot to video” has been notoriously challenging for most publishers, they can't exactly give up on video.
Erin Griffith / Wired:
Pandora study finds that too many ads can push users to subscribe, but not enough to compensate for lost ad revenue from those listening less due to more ads  —  AT BEST, ADVERTISING is something people tolerate while consuming media.  At worst, it's a turnoff.
Voice of America:
Press freedom groups release report on threats to US media, citing whistleblower prosecutions, stigmatization by politicians, restrictions on public information  —  With the observation of World Press Freedom Day on Thursday, a group of press freedom organizations is calling attention …
Brian Stelter / CNNMoney:
Dozens of news organizations partner to promote high-quality journalism in an ad campaign that encourages consuming a variety of news outlets
Ashley Dean / Denverite:
Chuck Plunkett, the Denver Post editorial page editor who organized pieces rebuking Alden Global, resigns after execs reject a new editorial he wrote on Alden  —  Chuck Plunkett, the Denver Post editorial page editor behind the paper's unprecedented call-out of its hedge fund owners, has resigned.
Garett Sloane / Ad Age:
Sources: Google plans to unveil new Google News design and app at I/O; new design has elements of the Newsstand app, YouTube, uses AMP tech on desktop, mobile  —  Google is revamping Google News with a new design that will incorporate elements of the Newsstand app and YouTube, according to people familiar with the plans.
Dom Cosentino / Deadspin:
Senior writer Peter King is leaving Sports Illustrated after 29 years, signing an exclusive agreement with NBC that includes his Monday Morning NFL column  —  After 29 years at Sports Illustrated, Peter King is leaving to join NBC.  —  SI announced King's departure a few minutes ago …
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 More News: 
Jeremy Barr / Hollywood Reporter:
Uproxx, owners of BroBible, Uproxx, and HitFix, lays off about 10 staffers as it shifts to video production; some sources say the number of layoffs is 14-20
Discussion: Tubefilter
David McCabe / Axios:
Starting July 10, Google will require people buying ads related to candidates in US federal elections to be US citizens or lawful permanent residents
Press Association:
The BBC and unions agree to a 3-year pay deal, an increase in the minimum salary to £20K, enhanced parental leave and more, subject to vote of approval by staff
Discussion: @phwood1
Ryan Broderick / BuzzFeed:
GoDaddy takes down Richard Spencer's website, says it has “encouraged and promoted violence in a direct and threatening manner”
Discussion: The Daily Beast and Fast Company
 Earlier Picks: 
CBS beats with $3.76B in Q1 revenue, up 13% YoY, as retransmission revenues and fees rose 25%
Discussion: Variety, The Wrap and CBS Corporation
P. Kim Bui / Online Journalism Awards:
2018 Online Journalism Awards add new category for collaboration, a micro newsroom category, and criteria changes for explanatory, feature categories
Chris Welch / The Verge:
Podcasting app Pocket Casts has been acquired by a collective that includes NPR and This American Life and will continue to operate as a joint venture