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6:40 PM ET, May 1, 2019

Mediagazer

 Top News: 
Jim Waterson / The Guardian:
The Guardian posts £800K profit for FY 2018-2019, its first since 1998, with 655K monthly supporters and £223M in revenue, of which 55% comes from digital  —  Record online traffic and financial contributions from readers play key part in putting GNM on sustainable path
Ezra Klein / Vox:
Recode officially joins Vox, which purchased it in 2015, with Samantha Oltman, formerly of BuzzFeed News, as editor in chief  —  A letter from the editors-at-large.  —  Over the past year, the two of us switched coasts.  Kara took up part-time residence in Washington, DC.  Ezra moved to Oakland, California.
Sara Jerde / Adweek:
Medium has hired four editors in chief to launch new publications focused on power, black women, personal development, and business  —  The site hired 4 new editors in chief to lead those new verticals  —  Medium is expanding the scope of its editorial efforts with the hiring of four …
Discussion: Talking Biz News and @willoremus
Kelsey Sutton / Adweek:
Vice to consolidate its 12+ digital brands under Vice.com with some, like Broadly, folded into the site and others, like Motherboard, with dedicated verticals  —  It's also rolling out its own audience measurement and new blacklist policy  —  As part of a larger redesign and streamlining …
Peter High / Forbes:
Interview with Washington Post's CIO and CPO, Shailesh Prakash, on expanding its Arc publishing tool by selling it as a service, aiming for $100M in revenue  —  Shailesh Prakash was not sold on joining a media company.  He had been at a number of tech-centric companies from Sun Microsystems to Netscape to Microsoft.
Manish Singh / TechCrunch:
Indian media group Times Internet reports 450M+ monthly users across its ~36 news, video, and music properties, says its biggest challenge is increasing revenue  —  Media group now claims 450M users across services including news, video and music  —  The aggressive push by Silicon Valley companies …
Natalie Jarvey / Hollywood Reporter:
Sahil Patel / Digiday:
Sources: Quibi execs are seeking upfront ad commitments, prioritizing larger deals, and are planning a $5 ad-supported subscription and an $8 ad-free tier  —  Jeffrey Katzenberg's Quibi is spending big bucks on original content as the company hopes to build the next big thing in mobile streaming video.
David Uberti / VICE News:
False sexual assault allegation against Pete Buttigieg on Medium renews questions around exploitation of platforms that let users publish without verification  —  The publishing platform Medium has tried to position itself as a destination for high-quality writing, selling memberships and hiring journalists.
Tony Wan / EdSurge:
McGraw-Hill Education and Cengage plan to merge, creating a textbook publisher with an estimated value of $5B, second biggest in US behind Pearson at $8.5B  —  Cengage and McGraw-Hill Education plan to join forces in an all-stock merger.  The news, first reported by The Wall Street Journal …
 
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 More News: 
Carl O'Donnell / Reuters:
Sources: Meredith is exploring a sale of its 17 local TV stations and has received interest from Apollo Global Management; deal could value the stations at $2B+
Discussion: @jyarow
Max Willens / Digiday:
Slate's 30 podcasts had 180M listens in 2018, a 78% increase YoY; Slate's president says audio could represent “nearly half” of the company's revenue in 2019
Samir Patil / New York Times:
Disinformation in India won't cease by asking tech platforms to change, or by altering politician behavior, but possibly by treating it as an infectious disease
Discussion: TechCrunch
 Earlier Picks: 
Sarah Perez / TechCrunch:
Creative Commons launches its search engine out of beta, with over 300M images indexed
Discussion: @mattmcgee
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
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