Media Insider: Tribune Calls Off Sinclair Merger, Scripps Howard Awards Investigative Journalism Grants, Instagram Stories Turns 2

Welcome to Media Insider, PR Newswire’s round-up of media stories from the week.

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Tribune Calls Off $3.9 Billion Sinclair Media Deal

Tribune Media said in a statement it has terminated its merger agreement with Sinclair, scuttling a $3.9 billion deal that would have given the broadcasting group an even broader reach into American living rooms, CNN reports. Tribune also is suing Sinclair for breach of contract. The Tribune board voted to walk away from the merger on Wednesday, which was the first day Tribune was allowed to pull out of the agreement.

Read the release: Tribune Media Terminates Merger Agreement with Sinclair Broadcast Group, Inc.; Files Lawsuit for Breach of Contract

Jeff Bezos Has Transformed The Washington Post Since He Bought It Five Years Ago. Here’s What Still Needs Changing.

In late summer 2013, WaPo employees learned that owner Donald Graham sold the newspaper to Amazon founder Jeff Bezos. Since then, Washingtonian’s Andrew Beaujon reports that Bezos’s investments in journalism and technology have made the paper better. But employees have a small punch list of ideals for the paper’s future. These include fixing the paper’s 401(k) situation, reopening some US bureaus, and sorting out the sports desk, to name a few.

Related: Inside Jeff Bezos’s DC Life | MARCELA KUNOVA
Getty Images launches a new AI tool that helps publishers find the right picture for the story

Getty Images has released an artificial intelligence tool for publishers that recommends art to accompany a news story, reports Panels by Getty Images uses filters that can be customized. It also features a self-improving algorithm that learns how an editor selects an image and optimizes its performance over time, writes Marcela Kunova. Artificial intelligence allows natural language processing, an established technique used to understand written text and interpreting or deriving insights from it, Kunova reports.

In other photo news: Real or fake? Knowing the difference between real and altered photos on social media

Instagram Stories Celebrates Its Second Birthday

Instagram stories is just two years old, and it’s got 400 million daily users. Adweek’s David Cohen reports that the Facebook-owned photo- and video-sharing network said one-third of the most-viewed Instagram Stories come from the 25 million-plus businesses that are using the feature, with a spokesperson adding, “This evolution was not an accident: From day one, we focused on bringing new, innovative and interactive experiences to the Stories format.”

Want to read more about Instagram? Here’s how Instagram is changing the face of beauty

Scripps Howard Foundation announces $6M to university investigative journalism programs

The Scripps Howard Foundation sent a signal today that the future of journalism lies in investigative reporting, Poynter reports. The foundation awarded $3 million each to two universities to start investigative reporting centers. According to Poynter, the University of Maryland and Arizona State University will open “Howard Centers,” which Scripps says “will be multidisciplinary, graduate-level programs focused on training the next generation of reporters through hands-on investigative journalism projects.” Thirteen schools competed for the grants.

Read the release: Scripps Howard Foundation establishes Howard Centers for investigative journalism

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Christine Cube is a senior audience relations manager with PR Newswire and freelance writer. Follow her at @cpcube.


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