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Your Media Morning: Time Inc’s Yahoo Move, Online Measurement is a Joke, Layoffs Hit Fusion Media, More Time For Jack Dorsey

LAYOFFS HIT UNIVISION'S FUSION MEDIA UNIT
Univision Communications, the Spanish-language cable giant and owner of digital properties such as Fusion Media and Gizmodo Group has slashed 6 percent of its workforce, or roughly 200 to 250 jobs.Fusion, which joined the Writers Guild of America East last week, took the brunt of the cuts.

CIRCULATION CONTINUES TO COLLAPSE AT THE NY DAILY NEWS
The News saw its weekday print circulation tumble 11.2 percent, to 207,680, almost double the 6.8 drop by The Post, which fell to 230,634. The Times reported a decline of 5.5 percent, to 551,579. The News also reported that circulation via its mobile app tumbled 29.5 percent, to 46,233.

SAUDI PRINCE SAYS HE'S GIVING TWITTER BOSS JACK DORSEY MORE TIME TO TURN THINGS AROUND
“Jack Dorsey took over a year ago and he just introduced many initiatives related to sport, NFL and otherwise, we have to give him some time,” Alwaleed told Bloomberg TV in an interview Wednesday in Riyadh. “We still can get a lot more out of the existing users rather than just going and looking for new users, which should also be pursued.”

NEW EDITOR IN CHEIF FIONA MURRAY LANDS ACTOR JAKE GYLLENHAAL FOR DUJOUR MAGAZINE'S WINTER ISSUE COVER
Jake Gyllenhaal may be an A-list actor, but in terms of publicity, he stays more or less under the radar when it comes to fronting magazines. But the actor will be on the cover of DuJour’s Winter issue, which hits newsstands this week, in a shoot by Juergen Teller. Gyllenhaal, who stars in Tom Ford’s “Nocturnal Animals,” out in December, is what Fiona Murray, DuJour’s newly minted editor in chief, calls a “reluctant cover star.”

DISNEY'S 300 DRONES
Disney will send 300 drones into the air every night over Orlando, Florida this winter to create a holiday-themed light show in the night sky. The entertainment giant is using Intel’s Shooting Star drone, designed to fly in unison with hundreds of other drones, all controlled by a single operator. Intel unveiled its tiny (less than a pound) drone earlier this month after a flying 500 of the unmanned aircraft simultaneously over a town outside of Munich, Germany, breaking the Guinness Book of World Records for most drones operated one person.

FACEBOOK CONTINUES TO ANGER AD BUYERS WITH BAD METRICS
Yesterday, Facebook announced that it had miscalculated several metrics including the organic reach of posts, video completions and time spent on Instant Articles. As a sop to advertisers, Facebook said it would form a measurement council and provide more third-party verification. The moves could turn out to be mere fig leaves, but allowing third-party measurement would give in to ad buyers complaining that Facebook was “grading its own homework.”

TIME INC BRINGS ON YAHOO EXEC TO SERVE AS PRESIDENT, TECH AND TELECOM AD SALES
On December 5, Time Inc will welcome Scott Kelliher as its newly installed President of Technology and Telecom ad sales. Mr. Kelliher is leaving Yahoo where he currently serves in a similar role at the embattled web giant. In addition, Time Inc has also upped Michael Schneider to senior VP of financial services.

SOME PUBLISHERS UNEASY ABOUT FACEBOOK'S AGGRESSIVE POLICING OF FAKE NEWS
The question of how aggressively Facebook should police fake news on its platform has sparked great unease across the publishing industry over whether it is wise to cede more editorial control to the social media giant in determining what is fact and what is fiction. Some editors think the keys to the media kingdom shouldn’t just be handed over to Facebook, which has strenuously argued it is not a media company.

VICE MEDIA'S VICELAND LAUNCHES IN FRANCE
Vice Media chose Paris’ Yoyo club, an underground rave-like haunt, for the launch of Viceland in France, the lifestyle TV channel’s first non-English-language version. “Everyone will see what Vice is over the course of the evening, because it will start sort of smart, then get progressively nastier and uglier. And then people will wake up and feel odd tomorrow,” joked Shane Smith, Vice Media's chief executive officer and cofounder

DISNEY' STOCK SURGES
Shares of Walt Disney Co. surged 1% toward a four-month high in morning trade Wednesday, after Deutsche Bank turned bullish on the media and theme park company, citing increased confidence in the cable and film businesses. Analyst Bryan Kraft raised his rating to buy, after being at hold since March 2015, primarily because of concerns over the weakening performances of cable networks, notably ESPN, and of consumer products, given difficult film comparisons. But Kraft said ESPN subscriber numbers are starting to improve, and should improve further with the proliferation of streaming pay TV bundles in fiscal 2017.

THE ONION'S CEO MIKE McAVOY GETS EXPANDED ROLE AT FUSION MEDIA GROUP
Digital-media companies need scale to compete with tech giants Facebook and Google, which hoover up the majority of digital advertising money. With this in mind, Univision purchased six Gawker Media properties in August. The digital brands were renamed Gizmodo Media Group and put in the company's Fusion Media Group, which also includes The Onion and The Root. On Wednesday, Univision announced that Onion president and CEO Mike McAvoy has been given control of ad sales and revenue for the entire FMG portfolio.

GOOGLE REDESIGNS GOOGLE PLAY NEWSSTAND
When you open the app, a personalized briefing shows you a blend of the top stories you need to know, including major headlines, local news, and personal interests. It’s perfect to start your morning, or to get caught up in under one minute during the day.

TWITTER BANS SOME ALT-RIGHT ACCOUNTS
Last night, Twitter suspended a number of prominent alt-right accounts, including alt-right leader, Richard Spencer (@RichardBSpencer), his think tank, called the National Policy Institute, and his magazine (@radixjournal). The suspensions come only hours after Twitter announced an new set of abuse tools, including an expanded mute future and a retraining of how its safety staff handles hateful abuse.

BUSINESS INSIDER EXPANDING TO ITALY, JAPAN AND AFRICA
In Italy, it’s partnering with the digital division of Gruppo Espresso. In Japan, it’s partnering with Mediagene Ltd (which has helped launch Gizmodo and Digiday in Japan). An African edition is in the works.

ONLINE MEASUREMENT IS A COMPLETE MESS
For publishers and media companies, measuring audiences online was supposed to be easy compared with “legacy” media such as print and TV. But as online publishers grapple with a growing array of digital platforms and channels, it turns out tracking audiences size and engagement across them all isn’t that simple.


-Good Morning
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Your Media Morning: Time Inc’s Yahoo Move, Online Measurement is a Joke, Layoffs Hit Fusion Media, More Time For Jack Dorsey Reviewed by Editor on Thursday, November 17, 2016 Rating: 5
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