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12:55 AM ET, October 29, 2019

Mediagazer

 Top News: 
Reeves Wiedeman / New York Magazine:
Deep dive inside Condé Nast amid years of drama, downsizing, and shakeups sheds light on Anna Wintour and others' struggle to revert falling influence and sales  —  “It's dreadful,” Anna Wintour said in early October, looking out the south-facing windows of her 25th-floor office …
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Wall Street Journal:
AT&T reaches a truce with activist investor Elliott Management, agrees to regular share buybacks, new directors, no more major M&A, and more in three year plan  —  Elliott had challenged telecom giant's strategy; AT&T commits to regular share buybacks, plans to avoid major acquisitions
Maxwell Tani / The Daily Beast:
G/O Media memo to staff says “Deadspin will write only about sports” and to focus 100% of resources on sports; the site also covered politics, culture, and more  —  Sports—and sports alone—must be “the sole focus” of the website, new management said Monday in a memo obtained by The Daily Beast.
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Kelsey Mckinney / @mckinneykelsey:
Deadspin writer says G/O Media management removed a letter to the readers from Deadspin staff that criticised the recent addition of autoplay videos to the site  —  Here is the post that G/O leadership has now removed from all of our sites without warning. Please continue to send emails to g-omediafeedback@googlegroups.com https://twitter.com/...
Judd Legum / Popular Information:
How Ben Shapiro's massively popular right-wing site The Daily Wire gets promoted in an inauthentic, coordinated manner by 14 Facebook pages followed by millions  —  This is the online version of the Popular Information newsletter.  You can get independent accountability journalism in your inbox every week.
Spotify:
Spotify Q3: paid subs rose 31% YoY to 113M; MAUs grew 30% YoY to 248M; revenue up 28% YoY to €1.73B; net income of €241M, up from €43M YoY; stock closes up 16%  —  NEW YORK—(BUSINESS WIRE)— Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the third fiscal quarter …
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capitalgazette.com:
Capital Gazette shooter Jarrod Ramos pleads guilty to all 23 counts, including killing five employees, in a mass shooting at the Annapolis office in June 2018  —  The man who blasted his way into the Capital Gazette newsroom more than a year ago, armed with a shotgun, smoke bombs and a device …
Piya Sinha-Roy / Hollywood Reporter:
Justine Coleman / The Hill:
WaPo drew backlash for its digital headline on an obit of ISIS's Abu Bakr al-Baghdadi, calling him an “austere religious scholar”; the headline has been changed  —  The Washington Post changed the headline on its obituary for ISIS leader Abu Bakr al-Baghdadi after initially calling him an …
Joe Pompeo / Vanity Fair:
The Recount, John Heilemann and John Battelle's short-form video political news outlet, has raised ~$10M seed from investors including Jay-Z and Kevin Durant  —  A-List investors (Fred Wilson, Jay-Z, Robert Wolf, Kevin Durant) are pouring millions into the journalist's new business.
Discussion: @thisfamilymeal and @joepompeo
Paul Farhi / Washington Post:
Federal judge reinstates libel lawsuit by Covington Catholic student Nicholas Sandmann against WaPo, narrowing its scope from 33 published statements to three  —  A federal judge reinstated part of a lawsuit against The Washington Post filed by the family of a Kentucky teenager that alleged …
 
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 More News: 
Ben Lindbergh / The Ringer:
With WaPo's new vertical Launcher, mainstream coverage of video games may finally overcome the “generational myopia” that excluded gaming from culture sections
 Earlier Picks: 
The Guardian:
BBC presenter Samira Ahmed launches equal pay case, says she was paid £440/episode for Newswatch while Jeremy Vine was paid £3,000/show for Points of View
Fred Nicolaus / Business of Home:
Profile of Food52, a media and ecommerce platform majority-owned by The Chernin Group that began as a recipe blog and now sells a wide range of home products
Nieman Lab:
Reuters Institute: how Rappler, Daily Maverick, and The Quint are retreating from engaging audiences at-scale via social media to build stronger communities