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3:25 AM ET, January 20, 2019

Mediagazer

 Top News: 
Devlin Barrett / Washington Post:
Mueller's office disputes description of statements, documents, and testimony in a BuzzFeed story on Trump and Cohen; BuzzFeed says it's confident in its report  —  Special Counsel Robert S. Mueller III's office on Friday denied an explosive report by BuzzFeed News that his investigators …
Borys Kit / Hollywood Reporter:
Pixar's Lee Unkrich, who directed Toy Story 3 and Coco, is leaving the company after 25 years; sources say the departure is amicable  —  The move marks an end of an era.  —  Lee Unkrich, the Oscar-winning director behind Toy Story 3 and Coco, is leaving Pixar Animation Studios.
Josh Constine / TechCrunch:
Facebook confirms it is testing LOL, a feed of funny videos and GIF-like clips pulled from News Feed posts by top meme Pages  —  How do you do, fellow kids?  After Facebook Watch, Lasso, and IGTV failed to become hits with teens, the company has been quietly developing another youthful video product.
New York Times:
How after decades of Viacom's mismanagement, Paramount is trying to turn itself around by investing in TV production and revitalizing its movie franchises  —  After decades of nearly slapstick mismanagement — spinning off TV and missing the internet — the studio behind “The Godfather” is fighting for its life.
Discussion: @pkafka and @misterpatches
Kerry Flynn / Digiday:
NBC says its Snapchat news show, Stay Tuned, averaged 25M-35M unique viewers per month in 2018, two-thirds of which consume NBC News content only on Snapchat  —  NBCUniversal has been quite bullish on Snapchat for years.  Now, the media giant says it can prove that Snapchat is helping …
Jeffrey A. Trachtenberg / Wall Street Journal:
How Amazon is leveraging its book publishing unit and self-published authors to create instant bestsellers and compete in lucrative genres such as romance  —  The retail giant, the world's largest public company, commands an unrivaled customer base for the books, e-books and audiobooks it publishes
Alex Sherman / CNBC:
SEC filing: Disney lost $1B+ from streaming in its 2018 fiscal year, with a $580M loss attributed to its stake in Hulu and $469M to ownership of BAMtech  —  - Disney's stake in Hulu and its ownership of BAMtech led to a loss of more than $1 billion in the latest fiscal year.
Eric Johnson / Recode:
Interview with Axios business editor Dan Primack on producing newsletters, valuations of VC-backed online media, Facebook, IPOs in 2019, and the launch at Axios  —  “I want to tell a reader something they don't know yet ... I want to make them feel smart when they get to work and feel like they're ready to do their jobs."
Discussion: @edmundlee
Cynthia Littleton / Variety:
Disney rearranges business segments for earnings reports to reflect income from streaming operations, will present its streaming investment plans on April 11  —  Disney has rejiggered its business segments for earnings reporting to make room for the new unit housing its global streaming operations.
Discussion: MediaPost and Multichannel News
Charlotte Tobitt / Press Gazette:
BuzzFeed UK Editor-in-Chief Janine Gibson is leaving at the end of January after more than three years as its head  —  Buzzfeed UK editor-in-chief Janine Gibson has announced she is leaving the news website after more than three years in the top job.  —  Gibson will leave at the end of January …
Bill Birnbauer / The Conversation:
US nonprofit media funding: biggest three members of the Institute for Nonprofit News received 40% of donations; the least-funded 20 outlets got less than 2%  —  I analyzed the IRS returns of 60 Institute for Nonprofit News members, about half of the institute's membership at the time.
 
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 More News: 
Julia Reda:
EU's copyright reform with “link tax” and “upload filters” suffers a setback as 11 member states vote against the proposal, making adoption in May less likely
Charlotte Tobitt / Press Gazette:
Irish publisher Independent News and Media, owner of the Irish Independent and the Belfast Telegraph, expects to cut 30 jobs as circulation and ad revenue fall
Discussion: Independent.ie
Press Gazette:
BBC Asian Network editor Arif Ansari found not guilty over his role in the broadcast of the name of a sexual assault victim
Discussion: iMediaEthics
 Earlier Picks: 
Kali Hays / WWD:
Cuts at Conde Nast continue: Glamour cuts “a handful” of staffers, GQ and Wired together cut ~10 people, and Allure is said to be losing a couple of positions
Discussion: Fashionista
Mark Sweney / The Guardian:
News UK has asked the culture secretary to remove some legal guarantees to allow the Times and Sunday Times to share content and staff in a cost savings bid
Discussion: Press Gazette
Media Matters for America:
Media Matters study: in 2018, less than 6% of episodes on the five major Sunday morning news shows had segments about climate change, a 13% fall YoY