Top News:
Kurt Wagner / Recode:
In email to staff, CEO Jonah Peretti says BuzzFeed will make a 15% overall reduction in headcount next week, will share more about its future structure soon — “Unfortunately, revenue growth by itself isn't enough to be successful in the long run," CEO Jonah Peretti wrote in an email to staff.
Discussion:
Nieman Lab, @chrislhayes, CNN, Press Gazette, @laura_nelson, The Wrap, @evanasmith, @maxjrosenthal, New York Times, @emilybell, MediaPost, @benmullin, Hollywood Reporter, @perlberg, @davidcorndc, Tubefilter, The Hill, @clarajeffery, @_alastair, @scmitchp, @cwarzel, @mckaycoppins, @ericuman, @chrisgeidner, @mattgertz, @mattgertz, @jonmladd, @jamesrbuk, @pareene, @selenalarson, @theferocity, @samanthastorey, @dawnc331, @pkafka, @jpodhoretz, @jeremymbarr, @awallenstein, @oliverdarcy, @jeremymbarr, @claudiakoerner, @hshaban, TechCrunch, TheBlaze, Los Angeles Times, The Daily Caller, New York Post, Mediaite, Business Insider, The Wrap and Wall Street Journal
Tom Kludt / CNN:
HuffPost layoffs: WGAE spokesperson says at least 15 union members laid off; non-union managers also affected; head of opinion section says unit is “no more” — New York (CNN)Some employees at HuffPost learned Thursday morning that their days in the newsroom are numbered, as layoffs hit the popular news website.
Discussion:
@jasoncherkis, @jeremymbarr, @bmaygers, @jeremylittau, @margarita, @benjysarlin, @chrislhayes, @citizencohn, @aterkel, @oliverdarcy, @elanazak, @ashleyfeinberg, @elisefoley, @paigelav, @zachdcarter, @bmaygers, @laurenweberhp, @iamandymcdonald, @bmaygers, @marinafang, The Week, @chloeangyal, The Drum and @lebassett
RELATED:
CNBC:
Verizon Media Group, which owns Yahoo and AOL, plans to cut 7% of its global workforce, according to an email to employees from CEO Guru Gowrappan
Verizon Media Group, which owns Yahoo and AOL, plans to cut 7% of its global workforce, according to an email to employees from CEO Guru Gowrappan
Discussion:
HuffPost, Wall Street Journal, Recode, CNN, Business Insider, Tubefilter, @rafat, @pkafka, @backlon, @pkafka, @reckless, Multichannel News, FierceVideo, Fortune, The Wrap and Variety, more at Techmeme »
Frederic Lardinois / TechCrunch:
Google partners with Sony Pictures Imageworks, Sony's visual effects and animation studio, to launch an open source render manager called OpenCue — Google today announced that it has partnered with Sony Pictures Imageworks, Sony's visual effects and animation studio, to launch OpenCue, an open-source render manager.
Discussion:
Variety, VentureBeat and 9to5Google
Josh Kosman / New York Post:
Sources: ratings company Nielsen is looking to sell itself at a potential valuation of $10B; private equity firm Blackstone is a prospective buyer — Nielsen just got a pop in the ratings — among deep-pocketed buyout firms, that is. — Nielsen Holdings — the 95-year-old consumer research firm best known …
Steven Hsieh / Phoenix New Times:
Two laid off at The Arizona Republic, sources say, as Gannett cost cutting hits newspapers in Indianapolis, Knoxville, TN, Asheville, NC, and more — The Arizona Republic laid off two staffers on Wednesday as part of a national cost-cutting effort by Gannett, the paper's parent company, according sources in the newsroom.
Discussion:
Poynter, @delawarejaci, Adweek, @ibjnews, Splinter, Indianapolis Business Journal, @lizszabo, @natalieweiner, @mrdanzak, @hollyvhays, @ashevegas, @news_guild, @etammykim, @_lindsaymoore, @bweiss14, @jaredlholt, @andrewperezdc, @ehernandez, @leiboaz, @kevinsiers, @kemc, @5starpreps, @leahvossvisuals, @tomwjones, @nwi_jsp, @jeremyduda, @ashevegas, @stevenjhsieh, @hollyvhays, @ashevegas, @timmyjo11, @jacobolasombra, @kristendesilva and Talking Biz News
The Daily Beast:
The writers of the report on sex allegations against Bryan Singer say Hearst killed the story; source says Hearst Magazines President Troy Young made decision — The Atlantic published the work of two writers at Esquire after they say Hearst bigwigs spiked their exposé on one of Hollywood's biggest directors.
Discussion:
Hollywood Reporter, @jenn_ruth, @justinjm1, Mediaite, Vox, Business Insider, The Playlist, The Wrap and IndieWire
RELATED:
The Atlantic:
Four additional men accuse Bryan Singer, director of X-Men and Bohemian Rhapsody, of seducing or raping them as minors
Four additional men accuse Bryan Singer, director of X-Men and Bohemian Rhapsody, of seducing or raping them as minors
Discussion:
@theatlanticpr, @davidmackau, Business Insider, IndieWire, @kylepope, @yashar, @kelseymsutton, @knguyen, @carolineframke, @ellievhall, @latimesent, @jodikantor, @jenyamato, @nichcarlson, @albinokid, @watsontots, @henereyg, Folio, @ca_london, @anopensecret, Deadline, @purplechrain, @knguyen, @suspiriana, @misterpatches, Vox, The Daily Beast, East Bay Times, PAPER, New York Times, Los Angeles Times, The Wrap, Observer, Fast Company, TheBlaze, The Playlist, The Ringer, Decider, The Blast, Slate, Vanity Fair, The Week, The A.V. Club, Mediaite, Mashable and The Guardian
Sheila Marikar / Fortune:
How Quibi's Jeffrey Katzenberg and Meg Whitman are landing top talent in entertainment and media ahead of the mobile video platform's launch by year's end — The movie mogul (Disney, DreamWorks Animation) and tech executive (eBay, Hewlett Packard) are aiming for short-form glory with the well-funded Quibi.
Eric Wahlforss / @ericw:
Eric Wahlforss, one of SoundCloud's two co-founders, announces he will step back from day-to-day operations on March 1, but will continue in an advisory role — After 11+ years of building SoundCloud, it is time for me to take a break, reflect and think about what's next. I will be stepping back from day-to-day operations and into an advisory role on March 1st. I am incredibly proud of what we have achieved and deeply grateful. pic.twitter.com/71DQ8h0Sjv
Discussion:
TechCrunch, VentureBeat, Engadget and Music Business Worldwide
Nicholas Quah / Nieman Lab:
Pinna, a premium podcast service for kids programming previously under Panoply's umbrella, is being spun out into a standalone company backed by Graham Holdings — Welcome to Hot Pod, a newsletter about podcasts. This is issue 192, published January 22, 2019. — Pinna stands alone.
Discussion:
Hot Pod News and RAIN News
Nate Lanxon / Bloomberg:
Bing appears to be accessible in China again, as sources say the earlier block was due to an accidental technical error rather than censorship — Internet users in mainland China have begun to report that Microsoft Corp.'s Bing search engine is accessible again after outages in the country persisted for many hours Thursday.
Discussion:
New York Times, Financial Times, TechCrunch, Wall Street Journal, Engadget, Gizmodo and GeekWire, more at Techmeme »
Louise Matsakis / Wired:
Facebook tightens its policies, says it may now remove networks of fraudulent pages and groups created by people who previously breached its rules — PAGES AND GROUPS are the tools Facebook misinformation peddlers love the most. Creating a network of anonymous pages is one of the easiest ways …
Discussion:
The Verge and TechCrunch
RELATED:
Vanessa Romo / NPR:
Iranian journalist Marzieh Hashemi, who was arrested on arrival in US this month and jailed until she testified before a grand jury, has been released — An Iranian broadcast journalist who was detained by U.S. authorities as a material witness for 10 days, is with her U.S. family …
Discussion:
RT
Chris Welch / The Verge:
After Netflix price hikes, Hulu will lower its base, ad-supported subscription plan to $6/mo, down from $8/mo, and hike its Live TV service to $45/mo on Feb. 26 — The core service is getting cheaper, but live TV now costs more — Hulu just announced that it will lower the price of its base …
Discussion:
Variety, Variety, Blog Network, /Film, Recode, Broadcasting & Cable, Adweek, Wall Street Journal, @pkafka, Tubefilter, Business Insider, Gizmodo, The Week, Fast Company and Fortune, more at Techmeme »
Meg James / Los Angeles Times:
After a three-year court battle, judge affirms the view of Sumner Redstone's family that he understands what's going on around him, appoints guardian ad litem — The titanic battle over media mogul Sumner Redstone's mental state ended with a whimper in a nearly empty Los Angeles courtroom Wednesday.
Discussion:
Awful Announcing and Hollywood Reporter