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12:55 AM ET, May 1, 2019


 Top News: 
Mathew Ingram / Columbia Journalism Review:
How the spreadsheet that classified job applicants, with rankings of social class, “justice seeking” traits, and more, illustrated the divide within The Markup  —  There are things about the recent implosion of The Markup that make it unique—in particular, that it raised $23 million …
Maxwell Tani / The Daily Beast:
Sources: top editorial staffers Susie Banikarim, Alex Dickinson, and Tim Marchman are out at G/O Media amid a restructuring that could affect 25+ staffers  —  As part of a major restructuring effort that could affect 25 staffers.  —  Several of the top editorial employees at the company formerly known …
Wall Street Journal:
Cable operator Altice USA agrees to acquire streaming-video network Cheddar for $200M; Cheddar founder Jon Steinberg to become president of the Altice News unit  —  Cheddar founder and CEO Jon Steinberg is set to become president of Altice News, overseeing Cheddar, News 12 and i24News
Brian Steinberg / Variety:
ESPN announces plans to shut down ESPN The Magazine in September after 21 years; the company is considering publishing standalone print issues  —  ESPN, the sports-media giant with an influence that extends across several types of media, is getting out of one particular venue: print.
Jonathan Shieber / TechCrunch:
In a letter to creators, YouTube CEO Susan Wojcicki says YouTube wants to have half of the videos in its trending tab come from YouTube creators  —  YouTube wants to have half of the featured videos in its trending tab come from streams originating on the company's own site going forward …
Joseph Lichterman / The Lenfest Institute …:
The Detroit Free Press created a unique social media voice by using a sassy persona that makes jokes and tackles serious issues to connect with its community  —  A few months ago, a hoax Twitter account purporting to be Michigan Rep. Rashida Tlaib made some waves online.
Discussion: American Press Institute, Thanks:@steverubel
Oliver Darcy / CNN:
Venezuela took CNN off the air by ordering TV providers to block the channel, and a BBC spokesperson said BBC Global news was also taken off the air  —  New York (CNN Business)CNN was taken off the air by the Venezuelan government on Tuesday moments after the network broadcast a feed …
Jeremy Barr / Hollywood Reporter:
Salem Media Group, home to RedState, bought PJ Media in March for $100K, though radio is the company's primary revenue source with 116 stations in 39 markets  —  The California-based broadcaster's digital acquisitions have turned heads, but the company's revenues primarily come from 116 radio stations in 39 markets.
Alex Weprin / MediaPost:
Former Roku executives launch Tetra TV, an advertising network that aims to connect buyers to ad inventory from 100+ streaming video channels across platforms  —  A pair of veterans of the OTT platform Roku are launching a new advertising network, focusing on connected TV.
Anthony Ha / TechCrunch:
Online engagement platform Spot.IM, with customers including Hearst, Refinery29, Fox News, and Engadget, raises a $25M Series D led by Insight Venture Partners  —  Spot.IM announced today that it has raised $25 million in Series D funding.  —  We've written about the company's commenting platform before …
Wayne Friedman / MediaPost:
Charter Communications slightly beats Q1 estimates, with $11.2B revenue, up 5.1% YoY; broadband revenue grows 9% YoY to $4B as video subscriptions keep falling  —  Charter Communications posted rising overall first-quarter results — slightly higher than analysts estimates.
Scott Soshnick / Bloomberg:
YouTube gets exclusive rights to stream 13 MLB games in the 2nd half of the season in the US and Canada on MLB's YouTube channel and a new YouTube TV channel  —  - Package of 13 games will run through second half of MLB season  — YouTube TV has been World Series presenting sponsor since 2017
Todd Spangler / Variety:
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN
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 More News: 
Sara Guaglione / MediaPost:
At NewFronts, The New York Times says The Daily podcast has reached 2M listeners per day, talks ad targets, smart speakers, and its upcoming food festival
Discussion: WWD
 Earlier Picks: 
Christine Schmidt / Nieman Lab:
Facebook to give 60+ academics around the world access to its data for projects on news polarization, disinformation, and more
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