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7:20 PM ET, April 19, 2018

Mediagazer

 Top News: 
Josh Gerstein / Politico:
Michael Cohen drops libel lawsuits against BuzzFeed and Fusion GPS over publication of Steele dossier, which alleges he met with Russian operatives for Trump  —  Embattled attorney Michael Cohen has dropped a pair of much-touted libel suits against BuzzFeed and the private investigation firm Fusion GPS …
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Jim Rutenberg / New York Times:
Model Karen McDougal settles lawsuit against American Media, giving her right to discuss alleged affair with Trump and allowing AMI to avoid pretrial discovery
Sarah Perez / TechCrunch:
Cheddar and Hulu make a deal to bring Cheddar's live linear content to Hulu Live TV, with daily news briefs and other content coming to Hulu on-demand  —  Cheddar isn't done making deals with the over-the-top streaming TV providers.  Only yesterday, news came out that Cheddar was the first digital …
Ryan Faughnder / Los Angeles Times:
Sources: Netflix has considered buying movie theaters in New York and Los Angeles; it decided not to pursue LA-based Landmark Theatres due to high price  —  Netflix, the global streaming giant that has dramatically changed the TV industry and clashed with movie theater owners …
Alexandra Bruell / Wall Street Journal:
NBCU joins Fox, Viacom, and Turner in OpenAP consortium with a buy-in that costs $10M, sources say; OpenAP standardizes categories ad buyers can purchase  —  OpenAP membership can cost up to $10 million over five years  —  Comcast Corp.'s NBCUniversal has been reluctant to support OpenAP …
David Ingram / Reuters:
Facebook says it will change T&C in May for 1.5B users outside of Europe to be governed by US ToS instead of Ireland ToS, limiting GDPR impact to 400M users  —  SAN FRANCISCO (Reuters) - If a new European law restricting what companies can do with people's online data went into effect tomorrow …
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Facebook:
Ahead of GDPR, Facebook debuts enhanced privacy controls for all users globally, starting in EU, with more choices about ads, allowing face recognition, more
Pew Research Center:
Pew: 58% in US prefer to protect the freedom to publish rather than letting government restrict false info; 56% favor tech firms restricting false information  —  But 56% support steps from technology companies, even if it means some limits on publishing and accessing information
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CNNMoney:
Time Warner CEO Jeff Bewkes testifies in antitrust trial that his company needs to merge with AT&T to better compete for ads with Google, Facebook, and Amazon
Douglas Busvine / Reuters:
Researchgate, which lets researchers share papers, reaches deal on copyright with Springer Nature, Cambridge University Press, Thieme; Elsevier, others hold out  —  FRANKFURT (Reuters) - A group of academic publishers has reached an agreement with Researchgate, an online collaboration platform backed …
 
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 More News: 
Caitlin Ostroff / Save Student Newsrooms:
Shrinking ad revenue and rising print costs are forcing student newspapers to turn to universities for funding, leading to potential editorial pressure
Joe Pompeo / Vanity Fair:
Source: Meredith rejected a $300M+ offer for Time, Fortune, Money, SI from AMI; interest in the outlets is from wealthy individuals with non-media backgrounds
Discussion: Washington Post
Wall Street Journal:
Regulatory filing confirms 21st Century Fox rejected Comcast offer largely due to antitrust risks, even though bid was 16% higher per share than Disney's offer
Jaclyn Peiser / New York Times:
Harper's Magazine Editor James Marcus says he was fired after a story by Katie Roiphe was assigned over his objections; he says he refused severance tied to NDA
 Earlier Picks: 
Ashley Gurbal Kritzer / Tampa Bay Business Journal:
The Tampa Bay Times is cutting about 50 jobs across departments; spokeswoman says the cuts are a direct response to rising costs from newsprint tariffs