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3:15 PM ET, January 31, 2019

Mediagazer

 Top News: 
Joe Pompeo / Vanity Fair:
Penske Media has bought the 49% of Rolling Stone that it didn't already own, from minority owner BandLab Technologies  —  Last week, Penske Media Corporation signed a deal to purchase the rest of the magazine, following a majority takeover in 2017.  —  Over the past few years …
Jim Waterson / The Guardian:
Evgeny Lebedev has sold ~20% of Lebedev Holdings, which has a ~90% stake in the Evening Standard, to a company in the Caymans; a Saudi investor may be the buyer  —  London newspaper refuses to reveal identity of new financial backer  —  An anonymous offshore investor has taken a 20% stake …
Owen Bowcott / The Guardian:
US district court rules that Syria is liable for the killing of Sunday Times correspondent Marie Colvin, awards $300M+ in damages  —  Syria ordered to pay $300m over death of Sunday Times journalist in ‘targeted’ shelling in 2012  —  The Syrian regime of Bashar al-Assad has been held liable …
Alex Sherman / CNBC:
Sources: CBS board wants company to grow, first through a merger with Viacom, possibly followed by Discovery acquisition; CBS hoping to find CEO by end of March  —  The CBS board has decided the company needs to get bigger, but merging with Viacom is not enough for Shari Redstone …
Jeremy Littau / Wired:
Monopolistic thinking and lack of attention to the internet's role in distribution has decimated media, but foundation journalism, subs, and community can help  —  LAST WEEK, LAYOFFS at BuzzFeed, HuffPost, and Gannett landed like consecutive punches.  The news signaled a difficult year ahead …
Jared Newman / Fast Company:
Free ad-supported streaming services are on the rise as consumers reach subscription overload and premium services move away from licensed video  —  People who pooh-pooh the cord-cutting phenomenon love to argue that the cost of streaming services such as Netflix and Hulu really adds up …
James Walker / Press Gazette:
NewsGuard, whose trustworthiness ratings are available on Chrome and Edge, improves its rating of the Daily Mail from red to green to indicate its accuracy  —  US news website rating tool Newsguard has changed its verdict on Mail Online after originally declaring the UK's most-read news website failed …
Discussion: Nieman Lab, @niemanlab and @markdistef
Janko Roettgers / Variety:
Ultraviolet, the cloud movie locker that launched in 2011 with support from major Hollywood studios, is shutting down on July 31  —  Ultraviolet, a cloud movie locker once hailed as Hollywood's best bet to get consumers hooked on digital movies, is shuttering.
Keith J. Kelly / New York Post:
New York Media recognizes the New York Magazine Union, with about 180 full-time and part-time staff across Vulture, Intelligencer, the Cut, and more  —  New York magazine's editorial employees have unionized amid stalled talks to sell the iconic title and its popular web sites.
Discussion: @nyguild and @nymagunion
Khaoula Ghanem / Vogue Arabia:
Wired Middle East, licensed to Vogue Arabia-publisher Nervora, to launch as a dual-language site in the spring, with print special issues starting in fall 2019  —  Today, Condé Nast International and Nervora, the Dubai-based publisher of Vogue Arabia, announced that they are extending …
Athena Jones / CNN:
New York AG finds selling fake followers and likes or using stolen IDs on social media is illegal in case against Devumi, which served actors, musicians, others  —  New York (CNN Business)A company that brought in millions of dollars in revenue by creating fake social media posts and comments …
The Bulwark:
Two writers for conservative RedState, owned by Salem Media, say they are quitting because of the site's pro-Trump stance and stifling of any Trump criticism  —  For more than a decade, RedState was a solid voice in the world of online conservative commentary.
Max Willens / Digiday:
How BuzzFeed is reorganizing and charting a path to a sustainable business, according to sources and a memo CEO Jonah Peretti sent to employees Tuesday night  —  The next version of BuzzFeed is being whittled into focus.  —  Over the past week, the venture-backed publisher has been gripped by a very public multi-day round of layoffs.
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 More News: 
Camille Fassett / Freedom of the Press Foundation:
Trump's government shutdown ground transparency to a halt by slowing or stopping the processing of FOIA requests at federal agencies
David Bauder / Associated Press:
Reporters at Insider were told to take a break from tweeting and reading TweetDeck for a week; other journalists have panned and defended the value of Twitter
Andrew McCormick / Columbia Journalism Review:
How local media in the extremely Catholic greater Cincinnati area covered the viral Covington Catholic story, and are now dealing with accusations of bias
 Earlier Picks: 
Todd Spangler / Variety:
AT&T Q4: WarnerMedia revenue was up 5.9% YoY to $9.2B, but Entertainment Group revenue was down 4.8% YoY to $12B amid subscriber losses for DirecTV, DirecTV Now