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You might have heard: The auction for Gawker Media was expected to draw bidders such as New York Magazine and Penske Media, and Univision is trying to diversify and expand its audience through acquisitions
But did you know: Univision is buying Gawker Media and its seven sites for $135 million (Recode)
Despite the buzz around the sale, the auction for Gawker Media on Tuesday drew only two bidders: Ziff Davis, which originally offered $90 million, and the winner, Univision. Univision’s offer includes all seven of Gawker Media’s sites. The deal won’t be official, however, until a bankruptcy court judge signs off on the sale. And after that, the judgment funds will be set aside while Gawker appeals its court case, with the money going to the side that wins. Once the acquisition is final, this will be the latest in a string of acquisitions for Univision, including The Onion and The Root, plus taking full ownership of Fusion.
+ Little Things offered $10 million to buy Gawker Media site Jezebel (Business Wire)
+ Nick Denton will not have a role in Gawker after the sale to Univision is final, Lukas I. Alpert reports (Wall Street Journal); What the acquisition will mean for Univision: This is a big step in diversifying Univision’s audience beyond Hispanics, Gawker brings more scale than any of Univision’s sites have right now, and Gawker’s established native ad and e-commerce businesses are a draw for Univision (Digiday)
+ Noted: The San Diego Union-Tribune newsroom is restructuring, leading to six being laid off this week (Poynter); Former Fox News chairman Roger Ailes is advising Donald Trump ahead of the presidential debates this fall, Maggie Haberman and Ashley Parker report (New York Times), but Trump’s campaign denies that report (Hollywood Reporter); According to comScore data, CNN reaches a higher percentage of Millennials than all traditional news organizations, reaching 70% of that audience (Politico Media)
How to get started in open-source, online investigations (Global Investigative Journalism Network)
Eliot Higgins founded Bellingcat, a news organization that uses social media and open-source resources to investigate subjects such as worldwide conflicts. And Higgins says the tools and skills Bellingcat uses to produce its investigations can be learned by any journalist. Higgins outlines the basics of how to get started in open-source, online investigations, including: Use social media to build connections in the communities you’re reporting on, use geolocation for verification, and blog about what you’re doing, to give yourself practice writing about investigations.
How Trinity Mirror developed search-driven editorial analytics (Trinity Mirror Digital)
“Traditional web analytics software just isn’t good enough at providing analytics that meets the needs of news organizations,” Trinity Mirror’s head of SEO/distributed platforms Rob Hammond writes. To solve that problem, Trinity Mirror developed an in-house analytics platform called HiveAlpha, the core of which is a search engine. HiveAlpha saves the content of every story Trinity Mirror publishes in a real-time, searchable index, which Hammond says allows “a level of insight into our content that no other web analytics tool I’ve seen offers.” That allows Trinity Mirror to identify articles by language patterns, reduce the number of false-positive searches on Google, and develop new metrics quickly, Hammond says.
‘News is a misleading way to understand the world’ (Vox)
It may seem like everywhere you looked this summer, terrible news was happening. But Harvard psychology professor Steven Pinker says violent events are actually decreasing in frequency — and news reports are shaping how we perceive violence. Pinker explains: “News is a misleading way to understand the world. It’s always about events that happened and not about things that didn’t happen. So when there’s a police officer that has not been shot up or city that has not had a violent demonstration, they don’t make the news. As long as violent events don’t fall to zero, there will be always be headlines to click on.”
American households are changing, and American news needs to be changing along with them (Poynter)
There have been some broad demographic shifts in America in recent years, changing the typical American household, Melody Kramer writes. For example: Nearly 1 in 5 Americans now live in multigenerational households, 18-to-34 year olds are more likely than ever to live with their parents, and a record number of Americans have never been married. As those demographics change, Kramer writes that American news needs to be shifting along with them. To do that, Kramer says news organizations should consider ways to share news between generations, how to reach people who share households but speak different languages, and think about how people of different generations read news stories.
Google’s pitch to publishers: We’ll help you fight Facebook (Fortune)
“If there’s one macro trend with which almost every publisher is struggling, it’s the increasing distribution power of platforms like Facebook, and how that is continuing to disrupt traditional media business models,” Mathew Ingram writes. That’s a challenge that Google says it wants to help publishers with, but many publishers remain skeptical. Part of Google’s initial pitch for Accelerated Mobile Pages was to strengthen the open web and reduce the power of “walled gardens” such as Facebook, but some publishers think that Google is trying to extend its own control over the Internet, and more specifically, how the Internet is monetized.
The post Need to Know: Aug. 17, 2016 appeared first on American Press Institute.
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