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1:55 AM ET, January 20, 2019

Mediagazer

 Top News: 
Devlin Barrett / Washington Post:
Mueller's office disputes description of statements, documents, and testimony in a BuzzFeed story on Trump and Cohen; BuzzFeed says it's confident in its report  —  Special Counsel Robert S. Mueller III's office on Friday denied an explosive report by BuzzFeed News that his investigators …
New York Times:
How after decades of Viacom's mismanagement, Paramount is trying to turn itself around by investing in TV production and revitalizing its movie franchises  —  After decades of nearly slapstick mismanagement — spinning off TV and missing the internet — the studio behind “The Godfather” is fighting for its life.
Discussion: @pkafka and @misterpatches
Borys Kit / Hollywood Reporter:
Pixar's Lee Unkrich, who directed Toy Story 3 and Coco, is leaving the company after 25 years; sources say the departure is amicable  —  The move marks an end of an era.  —  Lee Unkrich, the Oscar-winning director behind Toy Story 3 and Coco, is leaving Pixar Animation Studios.
Josh Constine / TechCrunch:
Facebook confirms it is testing LOL, a feed of funny videos and GIF-like clips pulled from News Feed posts by top meme Pages  —  How do you do, fellow kids?  After Facebook Watch, Lasso, and IGTV failed to become hits with teens, the company has been quietly developing another youthful video product.
Kerry Flynn / Digiday:
NBC says its Snapchat news show, Stay Tuned, averaged 25M-35M unique viewers per month in 2018, two-thirds of which consume NBC News content only on Snapchat  —  NBCUniversal has been quite bullish on Snapchat for years.  Now, the media giant says it can prove that Snapchat is helping …
Jeffrey A. Trachtenberg / Wall Street Journal:
How Amazon is leveraging its book publishing unit and self-published authors to create instant bestsellers and compete in lucrative genres such as romance  —  The retail giant, the world's largest public company, commands an unrivaled customer base for the books, e-books and audiobooks it publishes
Discussion: TechCrunch
Alex Sherman / CNBC:
SEC filing: Disney lost $1B+ from streaming in its 2018 fiscal year, with a $580M loss attributed to its stake in Hulu and $469M to ownership of BAMtech  —  - Disney's stake in Hulu and its ownership of BAMtech led to a loss of more than $1 billion in the latest fiscal year.
Eric Johnson / Recode:
Interview with Axios business editor Dan Primack on producing newsletters, valuations of VC-backed online media, Facebook, IPOs in 2019, and the launch at Axios  —  “I want to tell a reader something they don't know yet ... I want to make them feel smart when they get to work and feel like they're ready to do their jobs."
Discussion: @edmundlee
Cynthia Littleton / Variety:
Disney rearranges business segments for earnings reports to reflect income from streaming operations, will present its streaming investment plans on April 11  —  Disney has rejiggered its business segments for earnings reporting to make room for the new unit housing its global streaming operations.
Discussion: MediaPost and Multichannel News
Charlotte Tobitt / Press Gazette:
BuzzFeed UK Editor-in-Chief Janine Gibson is leaving at the end of January after more than three years as its head  —  Buzzfeed UK editor-in-chief Janine Gibson has announced she is leaving the news website after more than three years in the top job.  —  Gibson will leave at the end of January …
Bill Birnbauer / The Conversation:
US nonprofit media funding: biggest three members of the Institute for Nonprofit News received 40% of donations; the least-funded 20 outlets got less than 2%  —  I analyzed the IRS returns of 60 Institute for Nonprofit News members, about half of the institute's membership at the time.
 
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 More News: 
Julia Reda:
EU's copyright reform with “link tax” and “upload filters” suffers a setback as 11 member states vote against the proposal, making adoption in May less likely
Charlotte Tobitt / Press Gazette:
Irish publisher Independent News and Media, owner of the Irish Independent and the Belfast Telegraph, expects to cut 30 jobs as circulation and ad revenue fall
Discussion: Independent.ie
Press Gazette:
BBC Asian Network editor Arif Ansari found not guilty over his role in the broadcast of the name of a sexual assault victim
 Earlier Picks: 
Kali Hays / WWD:
Cuts at Conde Nast continue: Glamour cuts “a handful” of staffers, GQ and Wired together cut ~10 people, and Allure is said to be losing a couple of positions
Discussion: Fashionista
Media Matters for America:
Media Matters study: in 2018, less than 6% of episodes on the five major Sunday morning news shows had segments about climate change, a 13% fall YoY