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11:30 AM ET, October 28, 2016

Mediagazer

 Top News: 
Vine:
Twitter says it is discontinuing the Vine mobile app “in the coming months”  —  Since 2013, millions of people have turned to Vine to laugh at loops and see creativity unfold.  Today, we are sharing the news that in the coming months we'll be discontinuing the mobile app.
RELATED:
Todd Spangler / Variety:
Vine stars mourn the closing of the app that helped launch their careers, though they've shifted focus to other platforms like YouTube and Instagram  —  Twitter is shutting down Vine, its six-second video app, and the unexpected move touched off a wave of anger, bemusement and sadness among the platform's biggest creators.
Charlie Warzel / BuzzFeed:
Plan to shut down Vine suggests Twitter finally recognizes itself as a news service, focusing on live, current events  —  Welcome to the relevant, indispensable (but maybe kind of joyless) new Twitter.  —  On Thursday morning, Twitter announced it is closing down Vine …
John Gapper / Financial Times:
NYT editor Dean Baquet says that US cable networks have blurred the line between entertainment and news this election season by pandering to partisan viewers  —  US cable news networks have played a “ridiculous” role in the presidential campaign by blurring the line between entertainment …
Bloomberg:
Sources: banks financing Gannett potential takeover of Tronc have backed out, putting merger in doubt  —  Banks financing Gannett's potential takeover of Tronc have backed out, according to people familiar with the matter, putting a merger of the newspaper companies in doubt, Bloomberg News reports.
James Vincent / The Verge:
Apple announces TV app for Apple TV and iOS, coming in December, that will act as a hub for accessing shows, movies, live events from across different services  —  One app to rule them all  —  Apple may not be building its own TV, but it at least has its own TV guide.  Sort of.
Randall Stross / New York Times:
Larry Page or another civic-minded billionaire should buy Twitter, which serves as the highest-circulation short-form “newspaper” on earth  —  SAN JOSE, Calif. — Twitter is a communications marvel, with 317 million active users who instantaneously convey a collective reaction to news.
Christine Wang / CNBC:
Amazon reports Q3 2016 revenue of $32.71B, meeting expectations, but $0.52 EPS is below $0.78 expected; stock drops 5% after hours  —  Amazon posted third-quarter earnings per share of 52 cents on revenue of $32.71 billion on Thursday.  —  Analysts expected the online retail giant …
Lauren Hirsch / Reuters:
Sources: Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to buy Playboy through Double Eagle Acquisition Corp, launched last year  —  Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to acquire magazine publishing company Playboy Enterprises Inc …
Discussion: Media Wire Daily and The Wrap
 
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 More News: 
Dave McKenna / Deadspin:
Profile of Jennifer Frey, a fast-rising sports journalism star in the '90s who died at age 47 because of alcoholism
Wall Street Journal:
Male-focused UK media companies Unilad and the Lad Bible, two of the biggest players in online video, are planning US expansions for 2017
 Earlier Picks: 
Ricardo Bilton / Nieman Lab:
Women's interest site Bustle open sources Mobiledoc, a tool that helps publishers port content to other platforms like Apple News, AMP, Instant Articles
Discussion: @niemanlab
Jacob Kastrenakes / The Verge:
FCC approves privacy rules requiring ISPs get customer permission before sharing sensitive data like location, financial information, and browsing history
Craig Silverman / BuzzFeed:
Researchers doubt Facebook's algorithm-driven approach to Trending topics can stop fake news, viral lies, and hoaxes amid international expansion
Suman Bhattacharyya / Ad Age:
BIA/Kelsey forecasts digital ads will overtake traditional ads in local US markets by 2018
Discussion: @mediashiftorg