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10:35 AM ET, February 26, 2020

Mediagazer

 Top News: 
The Walt Disney Co.:
Bob Chapek has been named CEO of The Walt Disney Company, effective immediately; Bob Iger will serve as executive chairman through 2021  —  1 BOB CHAPEK NAMED CHIEF EXECUTIVE OFFICER OF THE WALT DISNEY COMPANY Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct …
RELATED:
Peter Kafka / Vox:
Bob Iger's timing as he steps down is a head scratcher, but Disney is telling Wall Street and consumers that they shouldn't expect anything to change soon  —  Bob Iger, left, is stepping down as Disney CEO.  The man standing next to him, Bob Chapek, is replacing him.  Screenshot via Disney
Sarah Scire / Nieman Lab:
As The Markup launches, a look at its commitment to a scientific approach of amassing evidence, sharing methods, and providing data for other researchers  —  After a false start, the unconventional team of algorithm investigators is ready to dive deep.  “I've heard that we are tying …
Paul Farhi / Washington Post:
ABC suspends reporter David Wright after reviewing Project Veritas footage in which he criticized Trump coverage and ABC News' promotion of Disney content  —  ABC News suspended one of its veteran correspondents late Tuesday for unguarded remarks he made in a video by operatives of Project Veritas …
Discussion: YouTube, Deadline, The Hill and Newser
Joe Mandese / MediaPost:
IAB report: programmatic media buys now account for 85% of all digital ad spending, reaching nearly $79B in the US in 2020 and growing to $90.1B in 2021  —  Programmatic media buys now accounts for 85% of all digital ad spending, according to estimates released in a new report from the Interactive Advertising Bureau.
Samantha Cole / VICE:
Two programmer-musicians algorithmically generated every possible MIDI melody in one octave and openly licensed them to help others in future copyright suits  —  Two programmer-musicians wrote every possible MIDI melody in existence to a hard drive, copyrighted the whole thing …
Sara Fischer / Axios:
Minute Media, which owns The Players' Tribune and The Big Lead, raises $40M for a total of $160M, sources say at a $500M valuation  —  Minute Media is hoping to expand its business by selling publishing software as a service.
Discussion: Adweek and TechCrunch
Elaine Low / Variety:
Hulu chief marketing officer Kelly Campbell has been promoted to president, reporting to Kevin Mayer, Disney's direct-to-consumer and international chairman  —  Hulu's chief marketing officer Kelly Campbell has been promoted to president of Hulu, a move that comes in the wake of Randy Freer's recent exit as CEO of the company.
Nathaniel Meyersohn / CNN:
A look at The Costco Connection, a monthly magazine for Costco executive members, whose circulation of 14.3M makes it the fourth biggest magazine in the US  —  New York (CNN Business)Costco relies on a surprising perk to engage its executive members and keep them hooked on their $120-a-year subscription …
Discussion: @sapna and @raju
Alex Sherman / CNBC:
Comcast acquires Xumo, an ad-supported video streaming service that has about 10M users, source says for over $100M  —  - Comcast is buying free ad-supported streaming service Xumo for more than $100 million.  — Comcast's interest in Xumo stems from its partnerships with smart television manufacturers and streaming technology.
Mel Grau / Poynter:
A look at a nearly two year fight by six women at The Boston Globe to get a more robust parental leave policy for the newspaper  —  Though they never heard the word “no,” it took nearly two years for these six women to get a more robust parental leave policy for the newspaper.
Tim Peterson / Digiday:
Since moving its content team to Amazon Studios, sources say IMDb TV has been in talks to produce original scripted and unscripted shows  —  This article is part of the Digiday Video Briefing, which features must-reads, confessionals and key market stats.  To receive the Digiday Video Briefing, please subscribe.
 
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 More News: 
Jennifer Maas / The Wrap:
AMC Networks posts revenue of $785M, up 1.6% YoY, with operating income of $42M in Q4 thanks to its four streaming services, which have 2M+ subscribers
Brian Cathcart / Byline Times:
How the Mail on Sunday admitted that it published a defamatory story about a beautician, but still dragged her through court before losing the libel suit
Gabe Bullard / Nieman Reports:
Magazines like Harvard Business Review, The New Yorker, The Atlantic, and The Economist are increasingly using narrated articles to boost reach and retention
Wayne Friedman / MediaPost:
NBCUniversal launches One Platform, a unified platform for buying TV and digital ads
Discussion: AdExchanger and Reuters
 Earlier Picks: 
P R Sanjai / BloombergQuint:
Disney's Hotstar blocks an episode of John Oliver's show in India that criticized Narendra Modi
Reuters:
Thomson Reuters names former Nielsen President Steve Hasker as its CEO and president, succeeding Jim Smith
Georg Szalai / Hollywood Reporter:
Investor group that includes Searchlight Capital and led by former Viacom CFO Wade Davis agrees to acquire a 64% stake in Univision; Davis to become CEO
Joe Pompeo / Vanity Fair:
Source: MSNBC plans “to seek out more smart, pro-Sanders voices”, shifting coverage amid criticism, as Sen. Bernie Sanders has surged over the last couple weeks
Jeremy Barr / Hollywood Reporter:
Harvey Weinstein is convicted on two of five charges: criminal sexual assault in the first degree and rape in the third degree; he will be sentenced on March 11