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5:05 PM ET, November 9, 2018

Mediagazer

 Top News: 
Wall Street Journal:
Drew Harwell / Washington Post:
Press Secretary Sanders tweeted a video that experts say was altered and which made Jim Acosta's encounter with a White House intern appear more violent  —  White House press secretary Sarah Sanders on Wednesday night shared a video of CNN reporter Jim Acosta that appeared to have been altered …
RELATED:
Amy B Wang / Washington Post:
White House suspends Jim Acosta's press pass after he and Trump had a tense exchange; Sarah Sanders claims Acosta “placed his hands” on woman at press event  —  The White House has suspended the press pass of CNN reporter Jim Acosta after President Trump took issue …
Jeremy Barr / Hollywood Reporter:
Trump says “it could be others also” when asked how long Acosta will be suspended
Discussion: Variety, TVNewser and Mediaite
Margaret Sullivan / Washington Post:
CNN should sue the White House for taking away Jim Acosta's press pass under a false pretext, and press-rights groups and media outlets should join in
Jeffrey A. Trachtenberg / Wall Street Journal:
Meredith sells Fortune magazine to Thai businessman Chatchaval Jiaravanon for $150M  —  The sale to Chatchaval Jiaravanon gives the business publication a new owner for the second time this year  —  Meredith Corp. MDP -4.70% said Thai businessman Chatchaval Jiaravanon has agreed …
Stephen Shankland / CNET:
The New York Times is digitizing its 5-7M photo archive using Google AI to recognize text describing the photos and will use Google's storage services  —  Google's computer brains are helping The New York Times turn a historic archive of more than 5 million photos into digital data that'll appear …
Ashley Feinberg / HuffPost:
Leaked audio and screenshots show Axios dismiss criticism after it used a clip of Trump saying he would end birthright citizenship as a promo for its HBO show  —  “They hate ya cause they ain't ya,” one employee wrote.  —  Their weekly staff meeting had become a crisis debriefing …
Carmin Chappell / CNBC:
News Corp. reported mixed Q1 results with net income of $128M, up 47% YoY, on $2.52B in revenue, up 23% YoY but shy of estimates of $2.54B; ad revenue fell 7%  —  - News Corp. reported fiscal first-quarter earnings Wednesday that beat analysts' expectations for earnings but missed on revenue.
Discussion: @npfandos and News Corp
Jessica Toonkel / The Information:
Sources: WarnerMedia has approached NBCU about a partnership that would include licensing films or TV shows as it prepares for its new streaming service  —  AT&T's WarnerMedia has approached Comcast's NBCUniversal to discuss ways of working together, including about licensing films or TV shows …
Discussion: Business Insider, @benmullin and CNBC
Lauren Feiner / CNBC:
Disney is taking a $157M writedown on its $400M investment in Vice Media; investment in December 2015 reportedly gave Disney 10%, at a valuation of $4B-$4.5B  —  - Disney wrote in its fourth-quarter earnings report that it plans to write down its investments in Vice Media for $157 million.
RELATED:
Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019
Wendy Lee / Los Angeles Times:
YouTube office in Playa Vista's Spruce Goose hangar opens to house office space and productions as part of a plan to build a 450,000-square-foot complex  —  Google has moved a step closer to transforming the historic Spruce Goose hangar in Playa Vista into a state-of-the-art office and production facility …
Discussion: Los Angeles Times
Shannon Liao / The Verge:
Facebook has quietly released an app for iOS and Android called Lasso, designed to compete with TikTok, that lets users create short videos  —  The aging social media platform wishes to win teens over  —  Facebook has quietly released an app called Lasso that lets users create fun short videos designed …
 
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 More News: 
Jon Lafayette / Broadcasting & Cable:
E. W. Scripps reports Q3 revenue of $303M, up 51% YoY; political ad revenue reached $140M, up 86% from 2014 midterms
Discussion: PR Newswire and MediaPost
Nielsen Newswire:
Nielsen estimates 36M people watched primetime coverage of the midterm elections, more than in the previous four midterms
 Earlier Picks: 
Reuters:
Netflix announces plans to make 17 original productions in Asia including shows in Chinese and Thai as it looks abroad for growth
David Wood / Houston Chronicle:
A review of 744 Houston Chronicle stories by Mike Ward could not find 44% of the 275 people quoted; The Chronicle will retract eight stories and correct others
Li Tao / South China Morning Post:
China's Xinhua News Agency launches “composite anchors”, which combine images and voices of human anchors with text via AI tech from internet company Sogou
Kevin Roose / New York Times:
Some experts say Facebook performed well for the midterms, but disinformation and false news still spread fast, requiring outsiders' monitoring and prodding