Welcome to Media Insider, PR Newswire’s round-up of media stories from the week.
VARIETY | TED JOHNSON
CNN Sues White House Over Revocation of Jim Acosta’s Press Credentials
CNN has filed a lawsuit against the Trump administration to demand the White House reinstate correspondent’s Jim Acosta’s credentials. Following a controversial post-midterm press conference, Acosta’s credentials were revoked after a claim that Acosta was “placing his hands” on a White House intern who attempted to take away a microphone. “The lawsuit sets up a potential legal showdown between the administration and CNN, which Trump has long disparaged, as well as the news media itself,” Variety reports. CNN has hired high-profile attorneys Ted Boutrous and Ted Olson of Gibson Dunn to represent them in the suit.
Read more on who else has CNN’s back: Fox News Backs CNN’s White House Lawsuit
DIGIDAY | LUCIA MOSES
The New York Times is digitizing its photo archives, with a Google assist
The New York Times has admitted it has missed past opportunities to use its archived content. In an attempt to correct that, the company is digitizing its physical archive of around six million photos, dating back to the mid-1800s. Archived material is an advantage that legacy publishers like The Times have over new competitors. Monica Drake, assistant managing editor with the Times, told Digiday “the immediate goal is to take advantage of all this material and information we’ve gathered for so long and bring it back to life. We want The New York Times to be a place people go if they want to know what was happening a century ago or when was the first time an attorney general stepped down.” According to the story, the arrangement is part of the relationship The Times has with Google as a Google Cloud customer.
POYNTER | DANIEL FUNKE
WhatsApp awards $1 million for misinformation research
WhatsApp — the Facebook-owned messaging and VoIP service — has announced it is paying a group of researchers to investigate how misinformation spreads on its platform. After fake news stories, out-of-context photos and rumors on WhatsApp, which have affected users in large market countries like Brazil and India, the company says it will award $50,000 each to 20 research projects from 11 countries — for a total of $1 million. Mrinalini Rao, lead researcher with WhatsApp, told Poynter “these studies will help us build upon recent changes we have made within WhatsApp and support broad education campaigns to help keep people safe.”
THE NEW YORK TIMES | CHRISTINE HAUSER AND EDMUND LEE
Fortune Magazine Sold to Thai Businessman for $150 Million
Fortune magazine — a Meredith Corporation multinational business magazine — has been sold to a Thai businessman for $150 million. According to a statement from Meredith Corp., Chatchaval Jiaravanon, whose family controls one of Thailand’s largest companies, will acquire Fortune as a personal investment with the intention to increase investment in Fortune’s geographic expansion, digital capabilities, and editorial talent. Although the specific amount of additional investment was not discussed, Jiaravanon promised in the deal statement to invest in technology and journalism. Plans also include adding to staff and, possibly, a site paywall.
TECHCRUNCH | JON RUSSELL
Netflix is testing a mobile-only subscription to make its service more affordable
Netflix has announced the exploration of testing a cut-price mobile-only subscription service in Asia and other emerging markets. According to TechCrunch, the company was going to start testing lower-priced packages in Malaysia and that the prices range from around $4 a month to around $7.90 a month. A Netflix spokesperson confirmed similar trials are “running in a few countries” but cannot provide more details. In order to keep up with other streaming service providers, “the move makes sense for Netflix. While it has added plenty of international users — those outside of the U.S. represent 79 million of its total base of 137 million customers,” TechCrunch reports.
Read more on the competition among lower-priced streaming services: Streaming TV Bundles, Once Seen as Industry Savior, Hit a Wall
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Joanna Giannell is a Senior Customer Content Specialist with PR Newswire. She is also an animal lover and music enthusiast. Tune into her insights as a social curator at @PRNpets.