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Your Media Morning: Cable News Shake Up, Zink Magazine is Back, NatGeo Buddies Up With TheSkimm and Mashable...

 TEAM BUILDING 
NBC NEWS DIGITAL INSTALLS NEW MANAGING EDITOR
Catherine Kim the Executive Editor of NBC News Digital announced the addition of David Firestone as the new managing editor. Mr. Firestone who joins from FiveThirtyEight...
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IS IT THE END OF THE RUPERT MURDOCH ERA?
21st Century Fox's decision to bow to public pressure and remove longtime Fox News host Bill O'Reilly appears to mark the end of an era in the buccaneering style of the man who built the company, Rupert Murdoch.

PUBLISHERS CONTINUE TO SEE DECLINE IN FACEBOOK REACH
The Facebook anguish continues. A Medium post investigating declining Facebook reach has set off the most recent alarm bells among publishers. Kurt Gessler, deputy editor for digital news at the Chicago Tribune, posted that since January, the Tribune has seen a significant drop in the reach of its posts on Facebook, despite having grown its fan base.

ANOTHER SIGN INSTAGRAM IS SUCKING THE AIR OUT OF SNAPCHAT?
Eight months since Instagram rolled out its Stories feature and just over a month since it launched ads on it widely, it has already surpassed Snapchat. The feature not only has more people using it daily (200 million versus Snapchat’s last reported 156 million) but is also increasingly attracting more ad dollars. Agencies tend to drift where the action is, and, right or wrong, the general feeling is Instagram is on the upswing while the early buzz over Snapchat is fading.

SINCLAIR LOOKING TO BUY TRIBUNE FOR $30+ A SHARE
Sinclair Broadcast Group Inc. is aiming to acquire Tribune Media Co., owner of TV stations in big media markets including New York, Chicago and Miami, for a per-share price in the high $30s, according to people familiar with the matter.Sinclair is working to finalize a deal on or before the same day Tribune reports first-quarter earnings.

NATIONAL GEOGRAPHIC IS BUDDYING UP WITH MASHABLE AND THE SKIMM
National Geographic is partnering with multiple digital publishers and documentarians to create a digital network focused on science, adventure and culture content. The digital network at launch will have three digital publishing partners — Mashable, theSkimm and Atlas Obscura.

HEARST BOSS STEVEN SWARTZ NAMED CHAIRMAN OF THE ASSOCIATED PRESS BOARD
The Associated Press held its annual meeting in New York Wednesday. Vice chairman Steven Swartz, the president and CEO of newspaper and magazine publisher Hearst, was named chairman of AP’s board, succeeding Lee Enterprises executive chairman Mary Junck.

GOOGLE'S CHROME WEB BROWSER PLANS AD BLOCKING FEATURE
Alphabet Inc.’s Google is planning to introduce an ad-blocking feature in the mobile and desktop versions of its popular Chrome web browser, according to people familiar with the company’s plans. The ad-blocking feature, which could be switched on by default within Chrome, would filter out certain online ad types deemed to provide bad experiences for users as they move around the web.
THE REVIVED ZINK MAGAZINE'S FIRST ISSUE WILL GO ON SALE THIS SUNDAY
Zink Magazine, the indie fashion magazine founded by Sheriff Ishak in 2002, will debut its first issue on Sunday. Constance White, a former editor in chief of Essence magazine, is spearheading Zink’s revival in print and digital since it closed last year, and she is working to fine-tune the glossy’s target reader. She told WWD that Zink, which will be revealed at Coachella, is aiming to appeal to the Millennial luxury consumer.

FACEBOOK'S CONTENT MONOPOLY
The problem is that Facebook isn’t simply a social network: the service is a three-sided market — users, content providers, and advertisers — and while the basis of Facebook’s dominance is in the network effects that come from connecting all of those users, said dominance has seeped to those other sides.

AOL AND TWITTER BUDDY UP ON VIDEO CONTENT
AOL UK and Twitter have inked a deal that will allow brands to run pre-roll ads against AOL’s videos via Twitter’s Amplify platform. Advertisers will now be able to buy ads on the video content through AOL and through Twitter directly.

GERMAN MEDIA GIANT AXEL SPRINGER, OWNER OF BUSINESS INSIDER BUYS STAKE IN UBER
Uber has a new shareholder very different from its usual institutional backers: Axel Springer, the German media company that owns Business Insider, and Germany’s largest newspaper Bild, among other publications. Neither Uber nor the media giant are getting specific about how much money was invested.

 
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Your Media Morning: Cable News Shake Up, Zink Magazine is Back, NatGeo Buddies Up With TheSkimm and Mashable... Reviewed by Editor on Thursday, April 20, 2017 Rating: 5
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