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2:40 PM ET, April 29, 2019

Mediagazer

 Top News: 
Spotify:
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY  —  Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
RELATED:
Paul Sawers / VentureBeat:
Spotify confirms it paid €50M to acquire the podcasting studio Parcast in addition to the €308M spent on Anchor and Gimlet in 2019  —  Spotify has confirmed that it paid €50 million ($56 million) to acquire Parcast, the story-based podcasting studio it snapped up last month.
Discussion: MediaPost
Stuart Dredge / Music Ally:
Royalties from digital services to UK copyright society PRS for Music rose 17% to £145.7M in 2018, the first year of its licensing deal with Facebook  —  British collecting society PRS for Music saw its collections grow by 4.4% to £746m (around $965.4m) in 2018, setting a new record.
Daniel Funke / Poynter:
Survey of 1,018 US journalists: only ~15% say they have been trained on how to best report on misinformation, while 80%+ have been duped by false info online  —  The spread of misinformation has changed the way that social media users interact with news.  —  A study published in Science Advances …
Discussion: @poynter
Christopher Cadelago / Politico:
The unusual relationship between the US President and NY Times photographer Doug Mills, whom Trump has called “my genius photographer”  —  Earlier in his administration, as Donald Trump launched attack after attack on the mainstream media, a series of newspaper photographs caught his attention, in a good way.
Discussion: @anitakumar01
Brooks Barnes / New York Times:
After a record-busting $1.2B opening weekend, Avengers: Endgame shows that, despite the ubiquity of streaming content, theaters can still deliver breakout hits  —  LOS ANGELES — Audiences have splintered into a million personalized subsets.  Streaming services are sprouting like mushrooms.
Discussion: Variety and /Film, more at Techmeme »
Jessica Davies / Digiday:
El Pais-owner Prisa Media made a tool that uses machine learning to identify articles that evoke positive feelings, in a bid to sell brand-safe ads at a premium  —  Monetizing hard news has always been a thorn in the side of general-news publishers.  For some advertisers …
@nytopinion:
NYT apologizes, says it published the antisemitic cartoon because of a faulty process when an editor working without adequate oversight decided to include it  —  We apologize for the anti-Semitic cartoon we published. Here's our statement. pic.twitter.com/nifZahutpO
 
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 Earlier Picks: 
Danielle Abril / Fortune:
Interview with the CEO of Verizon Media, which generated $1.8B in revenue in Q1, down 7.2% YoY, on integrating commerce, investing in its ad platform, and more
Josh Wood / Nieman Lab:
Presidential candidate Andrew Yang's journalism ideas: federal government-funded journalists, a $1B Local Journalism Fund, and a Media Responsibility Task Force