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You might have heard: When Gannett offered $815 million in cash to buy Tribune Publishing earlier this summer, Tribune shareholder Oaktree Capital wanted the company to explore a sale, but Gannett still has not succeeded in acquiring the company
But did you know: Michael Ferro suggested that Tronc editors should investigate Oaktree Capital and its co-founder (New York Times)
Early this summer, Tronc chairman Michael Ferro and top investor Oaktree Capital were in a dispute after the company rejected two takeover offers from Gannett. As a part of that dispute, Ferro suggested to Tronc’s top editors and executives that they should investigate Oaktree Capital and its co-founder and co-chairman Bruce Karsh, Leslie Picker and Sydney Ember report. No articles about Oaktree Capital were published, but Picker and Ember write that the “episode provides a glimpse into the combative business style of a relatively unknown technology entrepreneur who has become one of the country’s most significant and unpredictable media moguls.”
+ Noted: Univision may be interested in purchasing Gawker in its bankruptcy auction (New York Post); Blendle now has 1 million users signed up for its pay-per-article platform worldwide, but it’s still not clear how much revenue it’s bringing in or how many users are paying for stories (TechCrunch); Publishers aren’t seeing traffic declines from Facebook’s algorithm changes, analysis by Parse.ly finds (Nieman Lab); New York Times refutes NY Post story claiming that it was considering ending some sections of its print edition (CNN Money)
Resources from ProPublica’s Data Institute 2016 are now available (ProPublica)
The materials from ProPublica’s Data Institute 2016, held in June in NYC are now available online — including slides, exercises, links and homework assignments. Topics covered include tactics for evaluating data, introduction to code, basic design principles, and an introduction to data visualization. For those looking to use ProPublica’s slides in classes or training, the teaching materials fall under ProPublica’s Creative Commons license.
+ How analytics are helping publishers refine their Facebook Live strategies: LittleThings found viewer engagement falls off two minutes into a live stream, showing the need for “a twist or a shake” a few minutes into a broadcast (Digiday)
When press freedom is threatened, we see how essential good journalism is (The Guardian)
“Journalists do not deserve protection because they constitute a privileged group; they need it because they can show the world as it really is and allow the unheard to find a voice,” The Guardian writes, in light of media crackdowns in Turkey, China and other countries. “There is a reason why people so often want to shut them up. Halting print runs, closing down websites, silencing radio stations and blacking out TV screens are all ways of concealing misdeeds, preventing scrutiny or simply blocking alternative viewpoints. But such actions also serve to remind us all why press freedom matters.”
Strategies for managing teams of freelancers: Keep their responsibilities clearly defined and don’t lose sight of your own job while managing others’ jobs (Fast Company)
Managing freelancers comes with its own set of challenges, Justin E. Crawford writes. Often managers may not have met the freelancers they’re working with in person, freelancers tend to work limited hours, and it can be hard to manage a large team of part-time workers. Crawford outlines four tips for managing freelance teams, including: Keep everyone’s responsibilities clearly defined (including your own), understand that specialization has its limits, motivate freelancers in the same ways that you would any other employee, and don’t lose sight of your own job in the process of managing others’ jobs.
Trump doubles down on his criticism of the news media, calling journalists covering his rally the ‘lowest form of life’ (New York Times)
Donald Trump reiterated his criticisms of the news industry this weekend, criticizing the journalists covering his rallies and news organizations covering his statements linking Obama to the Islamic State. But Trump’s “allegations of news media malevolence” serve a purpose in his campaign, Alexander Burns and Nick Corasaniti write: “Providing him license to revise or play down his remarks,” such as claiming that his remarks that Obama founded ISIS were sarcastic statements that news organizations just didn’t understand.
+ Trump isn’t the only candidate to shut out news organizations: Hillary Clinton rarely holds press conferences, and Trump’s lack of a press pool has given Clinton’s campaign reason to not institute one of its own (Politico)
Early reviews on Instagram Stories from publishers: Instagram provides solid analytics, but there’s no formal ad format for Stories yet (Wall Street Journal)
Publishers experimenting with Instagram Stories are seeing promising early numbers, Mike Shields reports. A major benefit of Instagram Stories so far is that Instagram is providing publishers access to data and measurement tools. But unlike Snapchat Discover, Instagram Stories aren’t designed to be shared — Discover stories can be shared within Snapchat. And, Instagram doesn’t have any formal ad formats for Stories yet, though it says ad options are in the works.
+ Comparing Instagram Stories strategies versus Snapchat strategies: New York Times anticipates the Snapchat will be “a bit more raw, a bit chattier” than Instagram Stories, while Sports Illustrated is using Instagram Stories for its best images of the day and Snapchat for an “on the ground feel” (Nieman Lab); “Instagram won’t kill Snapchat because Snapchat acts like a media company — it has scale,” Gary Vaynerchuk predicts (Medium)
The post Need to Know: Aug. 15, 2016 appeared first on American Press Institute.
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