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1:00 PM ET, April 29, 2019

Mediagazer

 Top News: 
Spotify:
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY  —  Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
RELATED:
Paul Sawers / VentureBeat:
Spotify confirms it paid €50M to acquire the podcasting studio Parcast in addition to the €308M spent on Anchor and Gimlet in 2019  —  Spotify has confirmed that it paid €50 million ($56 million) to acquire Parcast, the story-based podcasting studio it snapped up last month.
Discussion: MediaPost
@nytopinion:
NYT apologizes, says it published the antisemitic cartoon because of a faulty process when an editor working without adequate oversight decided to include it  —  We apologize for the anti-Semitic cartoon we published. Here's our statement. pic.twitter.com/nifZahutpO
RELATED:
Seth J. Frantzman / Jerusalem Post:
NYT says it published a cartoon with antisemitic tropes in its international print edition on Thursday due to “an error of judgment”
Christopher Cadelago / Politico:
The unusual relationship between the US President and NY Times photographer Doug Mills, whom Trump has called “my genius photographer”  —  Earlier in his administration, as Donald Trump launched attack after attack on the mainstream media, a series of newspaper photographs caught his attention, in a good way.
Discussion: @anitakumar01
Bloomberg:
Sources: Walmart plans to create at least 6 original Vudu shows over the next year, which will make money by advertising products, testing “shoppable content”  —  - Decade-old streaming service plans to tout new ad technology  —  Walmart Inc. already sells more TVs than anyone.
Discussion: MacRumors, Forbes and The Verge, Thanks:@lucas_shaw
Jessica Davies / Digiday:
El Pais-owner Prisa Media made a tool that uses machine learning to identify articles that evoke positive feelings, in a bid to sell brand-safe ads at a premium  —  Monetizing hard news has always been a thorn in the side of general-news publishers.  For some advertisers …
Bloomberg:
With PR workers now outnumbering journalists six to one, journalists are bombarded by PR pitches looking to control corporate narratives  —  - For every reporter there are six PR workers, Census reports  — Number of PR specialists to keep rising, Labor Department says
Discussion: @elisabethmahy
Brooks Barnes / New York Times:
The success of Avengers: Endgame could be the start of a split wherein popcorn movies are seen in theaters and more serious ones are watched at home  —  LOS ANGELES — Audiences have splintered into a million personalized subsets.  Streaming services are sprouting like mushrooms.
Discussion: Variety and /Film
Eric Berger / Columbia Journalism Review:
As more newspapers close their own printing plants and outsource to a central location, legacy printing-press installers reflect on a declining profession  —  When Joel Birket was a child, his family moved to new cities for a year at a time so his father, William, could install printing presses …
Discussion: @raju
Zack Stanton / Politico:
Interview with Kate Ward, Bustle Digital Group's departing EIC, on growing a large media organization while keeping aspects of startup culture and more  —  Kate Ward, editor-in-chief of Bustle Digital Group, on what is worth keeping — and getting rid of — as a company grows.
 
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 More News: 
Tim Alberta / Politico:
Profile of Des Moines Register, renowned for its Iowa caucuses coverage and editorial endorsements during primaries, as it has coped with a shrinking newsroom
Danielle Abril / Fortune:
Interview with the CEO of Verizon Media, which generated $1.8B in revenue in Q1, down 7.2% YoY, on integrating commerce, investing in its ad platform, and more