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, @laura_nelson, Press Gazette, MediaPost, @maxjrosenthal, @evanasmith, @emilybell, Hollywood Reporter, The Hill, @benmullin, CNN, @perlberg, Tubefilter, @pkafka, @jpodhoretz, @mattgertz, @jeremymbarr, @samanthastorey, @awallenstein, @oliverdarcy, @theferocity, @clarajeffery, @_alastair, @scmitchp, @mattgertz, @jeremymbarr, @dawnc331, @claudiakoerner, @cwarzel, @jamesrbuk, @pareene, @hshaban, @jonmladd, @mckaycoppins, @selenalarson, @chrisgeidner, @ericuman, Wall Street Journal, TechCrunch, New York Times, Blog Network, TheBlaze, Los Angeles Times, The Daily Caller, New York Post, Mediaite, Business Insider and The Wrap
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
Discussion:
Wall Street Journal, Recode, HuffPost, Tubefilter, @rafat, @pkafka, @backlon, @pkafka, Multichannel News, @reckless, FierceVideo, Fortune, The Wrap and Variety, more at Techmeme »
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, Adweek, @delawarejaci, @ibjnews, Indianapolis Business Journal, @jaredlholt, @andrewperezdc, @etammykim, @stevenjhsieh, @kemc, @nwi_jsp, @lizszabo, @leiboaz, @leahvossvisuals, @5starpreps, @_lindsaymoore, @ashevegas, @tomwjones, @bweiss14, @mrdanzak, @hollyvhays, @jeremyduda, @ashevegas, @ehernandez, @kevinsiers, @news_guild, @hollyvhays, @ashevegas, @timmyjo11, @jacobolasombra, @kristendesilva and Talking Biz News
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.
Discussion:
Hollywood Reporter, @jenn_ruth, @justinjm1, Mediaite, Vox, Business Insider, The Playlist and The Wrap
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The Atlantic:
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, @yashar, @kylepope, @kelseymsutton, @knguyen, @carolineframke, @ellievhall, @latimesent, @jodikantor, Deadline, @jenyamato, Folio, @nichcarlson, @albinokid, @watsontots, @henereyg, @ca_london, @anopensecret, Los Angeles Times, @purplechrain, @knguyen, @suspiriana, @misterpatches, Vox, The Daily Beast, East Bay Times, PAPER, New York Times, The Wrap, Observer, Fast Company, TheBlaze, The Playlist, The Ringer, Decider, The Blast, Slate, Vanity Fair, The Week, The A.V. Club, Mashable, Mediaite, The Guardian and IndieWire
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.
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 and Gizmodo, 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, more at Techmeme »
RELATED:
Todd Spangler / Variety:
Cheddar launches on PlayStation Vue, is now available on all US over-the-top subscription services; CEO projects the company will be profitable in Q4 — Video-news startup Cheddar is launching its live-streaming news networks on Sony's PlayStation Vue, making it the first content provider …
Discussion:
Cheddar, @alexeheath, Engadget, Talking Biz News, Cheddar and Cord Cutters News
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
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:
Music Business Worldwide, VentureBeat and Engadget
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:
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