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Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?
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Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?
Tribune Publishing wants to sell at a higher price, but it will likely have trouble finding someone willing to pay it.
By Ken Doctor
The news is dying, but journalism will not — and should not
“It is losing its cultural relevance after almost two centuries — and thereby its commodity value.”
By Hossein Derakhshan
Spanish-language audio blows up
“In some ways, digital audio was made for the Spanish-language audience.”
By Carolina Guerrero
We are all actors in the running rampant of political theater
“What we’re building is a journalism for journalists and we will ultimately feed ourselves to the gullet, becoming the harbingers of our own end.”
By Rebecca Lee Sanchez
From news fatigue to news avoidance
“Our biggest concern is that this will play out unevenly, perpetuating, or even increasing, existing inequalities.”
By Ruth Palmer and Benjamin Toff
After capitalism’s fire, journalism’s secondary succession
“The journalism ecosystem has been devastated by capitalism, but not destroyed. And the next ecosystem has already begun to emerge.”
By Simon Galperin
Listen up: New stories, new storytellers
“We will see equally resourced, meticulously researched and well-produced podcasts from minority storytellers who will offer deep reportage about their own communities.”
By LaToya Drake
A year to embrace journalism as public service
“In 2019 we will continue to bring together newsrooms, facilitators, and funders to forge a framework for revitalizing local news with public service at the center.”
By Kevin Douglas Grant
The year of loyalty
“Gone are the days of aggregation by small and medium-sized brands. Gone are the days of chasing traffic. Gone are the days of one-size-fits all splashy marketing campaigns.”
By Rick Berke
Power to the user
“The results of the 2018 midterms showed people that their votes count and that they can insulate themselves from disinformation campaigns by going to trusted sites instead of Facebook feeds.”
By Greg Emerson
Ditch the media literacy cynicism and get to work
“In reality, many forms of both radicalization and infiltration would be more difficult with a media literate audience — particularly if those with the most influence had better skills and habits around assessing reputation and intent.”
By Mike Caulfield
Media wants to take care of you
“To inform readers means to also support readers’ care for themselves.”
By Kawandeep Virdee
The year of the culturally relevant curator
“May the playing field truly flatten.”
By Michael Rain
Going where the Acela can’t take you
“More voices from the middle need to be amplified, because we already know what the extremes are.”
By Elizabeth Jensen
We’ll get better at making the case for local journalism
“For all the urgency around saving local journalism, it’s unclear to me that a persuasive, resounding case has yet been made to key stakeholders, much less the general public, about why it’s worth saving.”
By Jesse Holcomb
Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?
Tribune Publishing wants to sell at a higher price, but it will likely have trouble finding someone willing to pay it.
By Ken Doctor
Bubble fears, old-guard acquisitions, and Audible: This was 2018 in podcasts
Plus: What we’ll cover in 2019, and the most interesting companies to watch.
What does membership mean for BuzzFeed News — at a company that’s already raised nearly $500 million in venture capital?
Even the most digital-native publishers cannot resist the siren call of a tote bag. But a membership pitch sounds different coming from a public radio station than from a private company with a billion-dollar valuation.
What We’re Reading
Bloomberg / Emily Chang, Gerry Smith and Felix Gillette
Medium’s Ev Williams discussed buying New York Magazine, though talks are “unlikely to progress”
“He’s now on a hunt for material to serve Medium’s paying subscribers. ‘We are going to significantly increase our investment in original editorial in the next year,’ Williams, said in a statement.”
Medium / Ernst Pfauth
With 34 hours to go, The Correspondent hit its crowdfunding goal of $2.5 million
42,780 people chipped in a median donation of $30, setting a new world record for the number of backers in a journalism crowdfunding campaign. (Appearances on The Daily Show and CNN might’ve helped.) They plan to start publishing in mid-2019.
The Information / Jessica Toonkel, Tom Dotan, and Beejoli Shah
Facebook is cutting funding for some news shows on Watch and advising some to go shorter
“While they’re happy with the audiences their shows have drawn, the news executives complain that the ad revenue has been underwhelming…. Facebook is paying media firms anywhere from $2 million for 12 months of programming to more than $10 million, according to people familiar with the matter.”
Recode / Peter Kafka
Facebook wants you to buy HBO on Facebook and watch HBO on Facebook
“It’s a model the TV guys are familiar with: Amazon has been doing something similar for a few years, and Apple is looking to do the same thing next year.”
Variety / Ted Johnson
The FCC will review a ban on mergers among the four major broadcast networks
“The review, mandated by Congress every four years, includes no specific policy proposals, but will take public comment on whether changes are warranted. The FCC will also review rules that restrict the number of radio and TV stations an entity can own in a single market, and other provisions to promote diversity in ownership.”
The Hill / Emily Birnbaum
YouTube removed 58 million videos between July and September
“The online video platform said 72 percent of the videos removed for violating guidelines in the latest quarter were ‘spam or misleading,’ 10.2 percent were removed out of concern for ‘child safety’ and 9.9 percent were removed for including ‘nudity or sexual content,’ according to its latest report.”
Washington Post
Arc Publishing signs Raycom Media as its first broadcast client
“Raycom Media has relaunched 42 of the company’s television and radio stations on the Arc platform. Raycom Media is one of the largest media companies in the U.S. with stations in 44 markets and 20 states.”
Variety / Janko Roettgers
Imax shuts down its VR business
“With the launch of the IMAX VR centre pilot program our intention was to test a variety of different concepts and locations to determine which approaches work well. After a trial period with VR centres in multiplexes, we have decided to conclude the IMAX VR centre pilot program and close the remaining three locations in Q1 2019.”
NPR / David Folkenflik
Tribune Publishing is paying more than $2.5 million to avert a lawsuit over Michael Ferro’s slur
“The company agreed to secretly pay [former LA Times editor-in-chief and publisher Davan] Maharaj more than $2.5 million, in installments, according to three people with knowledge of the pact. That financial obligation was not disclosed in corporate filings to shareholders and analysts. The payments started in the first quarter of this year, for which Tribune Publishing reported a net loss of $14.8 million. The loss was attributed to the company’s decision in December 2017 to pay Ferro $15 million in consulting fees even as he served as chairman and was the company’s controlling owner.”
The Hollywood Reporter / Eriq Gardner
Personal images posted on social media aren’t free grist for use by media companies, judge rules
“The creator of a work should not be precluded from future profits should they lack the marketing prowess to capitalize on their work at the time of creation. Otto’s status as an amateur photographer with an iPhone does not limit his right to engage in sales of his work.”
Nieman Lab is a project to try to help figure out where the news is headed in the Internet age. Sign up for The Digest, our daily email with all the freshest future-of-journalism news.