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11:55 AM ET, January 24, 2019

Mediagazer

 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.
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.
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  —  Independent Programming Subscribe to CNBC PRO Licensing & Reprints Join the CNBC Panel Advertise With Us Closed Captioning Digital Products Privacy Policy Internships
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 …
Discussion: TVWeek.com
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.
RELATED:
The Atlantic:
Four additional men accuse Bryan Singer, director of X-Men and Bohemian Rhapsody, of seducing or raping them as minors
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
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.
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 …
RELATED:
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.
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
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
 
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 More News: 
Margaret Sullivan / Washington Post:
Trump-era press briefings are exercises in futility and lying, but we need them anyway so reporters can probe and pressure the administration
Gene Demby / NPR:
With the exception of news outlets run by and aimed at people of color, mainstream news outlets employ euphemisms rather than use the word “racist”
Joe Flint / Wall Street Journal:
Sinclair, the largest operator of local TV stations in the US, hires liberal commentator Ameshia Cross as a counterpoint to its heavily-conservative commentary
Louise Matsakis / Wired:
Google announces it will contribute an additional $3.1M to Wikimedia and give Wikipedia editors free access to Custom Search API and Cloud Vision API
 Earlier Picks: 
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
Jim Waterson / The Guardian:
Microsoft now offers NewsGuard, a plug-in that guides users on which news websites can be trusted, as an option on mobile versions of its Edge browser
Chris Welch / The Verge:
Google launches YouTube TV in 95 new US markets, says it now covers 98% of US households
Alex Hern / The Guardian:
Consumer finance journalist Martin Lewis drops his lawsuit against Facebook over scam ads, after the company agrees to donate £3M to set up an anti-scam project