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6:35 AM ET, May 9, 2018

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RELATED:
Christine Wang / CNBC:
Disney beats with Q2 revenue of $14.55B vs. $14.11B expected; all divisions beat except for consumer and interactive, which earned $1.08B vs. $1.14B expected
Reuters:
Sources: Comcast is preparing an all-cash bid for 21st Century Fox's media assets, which Fox has agreed to sell to Disney, but bid is dependent on AT&T case
CNNMoney:
Amid its Time Warner merger, AT&T confirms it paid Trump's personal lawyer Michael Cohen for “insights” on administration in 2017  —  AT&T confirmed Tuesday evening that it paid President Trump's personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.”
Gizmodo Special Projects Desk:
Univision has been in decline for years, with a shark-obsessed boss, millions wasted on consultants, and an executive who insisted on publishing softcore porn  —  This is the story of how corporate raiding, complacency, excess, and incompetence are gutting a media company that matters to tens of millions of people.
RELATED:
Hannah Kuchler / Financial Times:
Facebook unveils 20 issues that will require more disclosure from advertisers targeting the US to help label and place the ads in a political ad archive  —  Facebook will require extra checks from people buying advertisements on political issues ranging from abortion and guns …
Jason Guerrasio / Business Insider:
SEC filing: MoviePass parent Helios and Matheson Analytics had $43.4M on hand on April 30, average cash deficit of $21.7M/month since Sept.; stock down over 30%  —  - On Tuesday, MoviePass' parent company, Helios and Matheson Analytics, said in a filing with the Securities and Exchange Commission …
Stu Woo / Wall Street Journal:
Vodafone to buy some of cable giant Liberty Global's European assets, including operations in Germany, Hungary, Romania, and Czech Republic, for €18.4B  —  Deal includes operations in Germany, Hungary, Romania and Czech Republic, would create one of the continent's biggest telecommunications carriers
Kurt Badenhausen / Forbes:
The NBA and Intel announce plans to jointly evaluate tech startups for investment and collaboration, seeking to “create a new immersive media world”  —  Forbes Staff I cover sports business with rare dips into b-schools, local economies  —  LeBron James hits the game-winning shot …
Mathew Ingram / Columbia Journalism Review:
NewsWhip data shows Facebook's algorithm changes have adversely affected the engagement rates of quality news sources like the NYT and NBC  —  Some recent data on the best-performing news brands on Facebook seems to show that high-quality new sources are getting less engagement on Facebook …
Brian Stelter / CNNMoney:
Christiane Amanpour named as Charlie Rose's official replacement  —  Christiane Amanpour will officially replace Charlie Rose on PBS stations across the country.  —  The move was made official at the public broadcaster's annual meeting on Tuesday.  It has been in the works for five months …
Joshua Fruhlinger / Thinknum Media:
Analysis of Apple's job listings suggests that the company appears to be investing in a newsroom, recruiting for staff positions like Politics Editor  —  There's a certain air of mystery as to what Apple ($NASDAQ:AAPL) is up to when it comes to content.  In March, Apple acquired digital …
Thomas Gorton / Dazed:
Q&A: Richard Turley, Mia Kerin, and Lucas Mascatello on their newly launched NYC-focused magazine Civilization, a focus on text, and a diarist approach to news  —  We speak to the three editors who just launched the first issue - a text-obsessed New York-focussed magazine covering everything …
 
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 More News: 
Brian Steinberg / Variety:
Vox Media used Recode Editor Kara Swisher for a sponsored audio ad for HBO's Silicon Valley series, heard on some of Vox's podcasts, including Recode's
Politico:
Scott Pruitt fast-tracked a water district in California for clean-up at the personal request of conservative radio host Hugh Hewitt
 Earlier Picks: 
Shan Wang / Nieman Lab:
In an experiment to connect with readers, the New York Times hosts conference calls for subscribers that feature reporter interviews and audience questions
Brian Steinberg / Variety:
Following its merger with Scripps Networks, Discovery posted an $8M loss in its Q1 but revenue soared 43% YoY to ~$2.31B
Discussion: Broadcasting & Cable and MediaPost
Eric Levitz / New York Magazine:
Liberal publications like The Atlantic can have ideological diversity without hiring sub-standard conservative writers with ideas that are demonstrably false
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours
 
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