Top News:
James Walker / Press Gazette:
BuzzFeed proposes cutting 17 of BuzzFeed UK's 37 editorial staff, with most losses to the Buzz section covering pop culture — Buzzfeed UK's editorial team will be cut by nearly half, its own media reporter has claimed, down from 37 to 20 journalists based in London.
Discussion:
BuzzFeed, @markdistef, @mjs_dc, @patblanchfield, @sunapology, @maxseddon, @maggyvaneijk, @williamsjon, @simonchilds13, @tolly_t, @jamesrbuk and Newser
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BuzzFeed News Staff Council:
In a letter to BuzzFeed CEO Jonah Peretti and others, the BuzzFeed News Staff Council demands that BuzzFeed pay out earned paid time off to laid-off employees — To Jonah Peretti, Lenke Taylor, and Ben Smith: — We are the BuzzFeed News Staff Council, a group of employees appointed to open …
Discussion:
@jeremymbarr, Fast Company, The Wrap, Mediaite, @dylanmatt, @janelytv, @meganpaolone, @katienotopoulos, @kateaurthur, @dceiver, @jane__bradley, @danieldrepper, @juliareinstein, @lindseyadler, @chrisgeidner, @ellievhall, @rachel, @buriedbybooks, @cwarzel, @cwarzel, @theferocity, @rossalynwarren, @mat, @mollyhc, @rosadona, @kateaurthur, @rachelysanders, @dominicholden, @annehelen, @netw3rk, @hshaban, @katenocera, @mbvd, @jillfilipovic, @weeddude, TechCrunch, @cwarzel, @laura_nelson, @edzitron, @nick_parco and @annehelen
Steve Cavendish / Washington Post:
How Gannett hollowed out newspapers in Tennessee over decades, leaving stories like hospital mergers and local elections now under-covered — Wednesday was a bloodbath for journalists. BuzzFeed said it would lay off 15 percent of its employees, and Verizon Media announced it would cut 7 percent …
Discussion:
Nieman Lab, Washington Post, @mattdpearce, @jmartnyt, @alecmacgillis, @thomas_peele, @charlesornstein, @sulliview and @jayrosen_nyu
Wall Street Journal:
Bill Simmons says The Ringer, focused on its network of 28 podcasts with ~35M downloads a month is profitable; sources say it made $15M+ on podcasts in 2018 — Four years after his acrimonious split with ESPN, the sports entrepreneur is building a different kind of network
Discussion:
@pkafka, @mmasnick, @dansolomon, @lindaholmes, @mccanner, @willoremus, Fortune, @lapresmidi, @tomgara, @tomgara, @jonsteinberg, @awealthofcs, @benmullin, @benmullin and @benmullin
Lucinda Southern / Digiday:
Condé Nast International launches Vogue Business, a twice-weekly newsletter for professionals in the fashion and luxury industries, with 21 staffers — Condé Nast International, home to magazine brands like Vogue, GQ and Wired, is making a more direct play for professionals …
Discussion:
Financial Times, @wblau, Media Star, @sarahmarshall, @digiday, @hugopw, @wblau and Marketing Week
Antonia Noori Farzan / Washington Post:
NBC veteran Tom Brokaw apologizes after saying “Hispanics should work harder at assimilation” on Sunday's Meet the Press, evoking further criticism — Tom Brokaw, the veteran NBC newsman, has apologized for saying that Hispanic immigrants need to do a better job of assimilating …
Discussion:
@tombrokaw, @tombrokaw, Newser, CNN, The Daily Caller, @jayrosen_nyu, USA Today, Politico, NAHJ, @walshfreedom, @ananavarro, @mariasacchetti, Fox News Insider, @julito77, @tombrokaw, Fox News and @sulliview
Charlotte Tobitt / Press Gazette:
Guardian EIC Katharine Viner says the group is on track to break even in April, talks about being Guardian's first female editor, paywalls, sexism, and more — Guardian News and Media editor-in-chief Katharine Viner has said a hard paywall “isn't really a conversation” …
Will Oremus / Slate:
An overview of projects like NewsGuard, and how efforts to rank the credibility of news sites can be problematic, despite good intentions — In the era of fake news, a cottage industry of startups is competing to turn media credibility into a booming business. Do we really want that?
Discussion:
@carnage4life, @jeffjohnroberts and @mantzarlis
Josephine Cumbo / Financial Times:
Billionaire businessman Philip Green drops legal claim against Telegraph, which reported allegations that he sexually harassed and racially abused employees — Philip Green, the billionaire businessman, has dropped his legal action against a UK newspaper which attempted to report allegations …
Discussion:
Press Gazette, Daily Mail, BBC, Sky News, The Guardian, @lionelbarber and The Sun
Los Angeles Times:
Netflix shares few figures with studios, a negotiation tactic for licensed content, but does divulge them to its stars, who get bonuses for successful shows — When it comes to ratings, Netflix treats the public and many of its business partners like the characters in “Bird Box” …
RELATED:
Trish Bendix / BuzzFeed News:
A deep dive into the state of LGBT media, which is in flux amid mass layoffs across US media and the shuttering of Grindr's LGBT magazine Into — It's a dark time for media — LGBT media, especially. What got us here? And how might we survive? — I was just let go for the second time in three years.
Discussion:
@campbellx and @itsalexberg
Kate Rooney / CNBC:
NBCUniversal and Comcast Ventures to invest an undisclosed sum in fintech startup Acorns, which will partner with CNBC to produce original content — - NBCUniversal and the venture arm of Comcast are making an equity investment in financial technology start-up Acorns.
Timothy Geigner / Techdirt:
US court dismisses lawsuit from RIAA labels against foreign YouTube-ripping sites, citing lack of jurisdiction since no US users or businesses were targeted — It's been quite frustrating to watch the music industry continually turn its legal gaze to whatever it insists is the “new” threat.
Discussion:
TorrentFreak and @annemariebridy, more at Techmeme »
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