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9:00 AM ET, May 11, 2018


 Top News: 
News Corp beats estimates with Q3 revenue of $2.09B, up 5.8% YoY, records net loss of $1.13B mainly due to write-downs for Telstra/Foxtel deal in Australia  —  (Reuters) - News Corp (NWSA.O), controlled by media mogul Rupert Murdoch, topped analysts' estimates for quarterly revenue on Thursday …
Financial Times:
News Corp CEO Robert Thomson calls for governments to create an “algorithm review board” to keep tech companies in check  —  The head of News Corp has called for governments to create an “algorithm review board” to keep tech companies in check, the latest in a long line of attacks …
Discussion: Deadline and Sydney Morning Herald
Rosalind S. Helderman / Washington Post:
Internal AT&T documents show it made a $600K deal with Cohen days after inauguration, specifying he would advise on Time Warner merger and on matters before FCC  —  Three days after President Trump was sworn into office, the telecom giant AT&T turned to his personal attorney Michael Cohen …
David Skok:
Interview with Google News VP Richard Gingras on data privacy, Google's internal culture and politics, criticism ahead of the GDPR, and rethinking journalism  —  The head of Google News discusses the news ecosystem, responds to GDPR criticism, and answers the question: Is Google really a child of the open web?
Paul Sawers / VentureBeat:
Spotify announces a hateful content and conduct policy to distance itself from controversial artists and introduces AudioWatch tool to scan its back catalog  —  Spotify has announced a new hate content and hateful conduct policy as it looks to distance itself from controversial music artists …
Dan Rys / Billboard:
Spotify removes R. Kelly and rapper XXXTentacion from the service's playlists, including-algorithmically generated ones, as part of new “hateful conduct” policy
Louis Lucero II / New York Times:
Novelist Junot Díaz steps down as Pulitzer Prize board chairman while the board conducts a review of sexual misconduct allegations against him  —  The Pulitzer Prize board has opened an independent review of sexual misconduct allegations against the award-winning novelist Junot Díaz …
Discussion: BBC, HuffPost, CNN and Vox
Shan Wang / Nieman Lab:
Medium abruptly ends feature that let publishers use the platform to collect revenue from their own subscriptions, affecting 21 publishers  —  “Could we have a better metaphor for the way Silicon Valley considers local journalism?" fumed the owner of one of these remaining publications.
House Democrats release 3,519 Facebook ads from Russia-linked accounts, spanning 2015 to 2017, showing a coordinated campaign to sow distrust in US politics  —  - House Intelligence Committee Democrats publish 3,519 ads  — Posts targeted specific groups to inflame civil discord
Greg Dool / Folio:
Meredith nearly doubles National Media revenues with Time Inc. acquisition but thins profit margins, reporting revenue of $479.3M and operating profit of $9M  —  Meredith Corp.'s ongoing integration of Time Inc. has nearly doubled revenues for its national media business …
Jeff Baumgartner / Broadcasting & Cable:
The rate of decline in pay TV subscriptions slowed in Q1, analyst Craig Moffett says, with cable operators losing 323K subscriptions and satellite losing 418K  —  ‘Conversion rate’ from traditional pay TV to OTT TV a particularly good trend for major programmers, analyst says
Discussion: MediaPost and FierceCable
Josh Marshall / Talking Points Memo:
Talking Points Memo staff unionizes with Writers Guild of America East, joining other media sites including Thrillist, Vox Media, and Vice  —  This morning I was coming into work after attending my son's school play and got an email from our editorial staff in DC and NY telling …
Discussion: Poynter, Deadline and Variety
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 More News: 
Matt Yoder / Awful Announcing:
A look at the declining relevance of ESPN's public editor job, which it has ended, saying it “outlived its usefulness” and citing similar moves by NYT and WaPo
Discussion: @poynter
Sahil Patel / Digiday:
Sources: Facebook Watch is proposing annual budgets from $5M to $10M for daily news programming and $1M to $2M for weekly shows, based on per-episode costs
Discussion: Tubefilter
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