Top News:
Lauren Feiner / CNBC:
Netflix reports Q1 revenue of $5.77B, up 27.6% YoY, vs $5.76B est., global streaming paid net additions of 15.77M, now totaling 182.86M accounts, up 22.8% YoY — - Netflix reported its Q1 2020 earnings after the bell on Tuesday. — Netflix has ranked among analysts' favorite “stay at home” …
Discussion:
Netflix, Financial Times, Fortune, The Wrap, Variety, Ad Age, MediaPost, The Hill, The Streamable, New York Times, Fast Company, Axios, @lanceulanoff, @raheemkassam, @katie_robertson, @dylanbyers, @xpangler, @carttca, @shiraovide, @jamestitcomb, @lucas_shaw, @loudmouthjulia and @loudmouthjulia, more at Techmeme »
Hollywood Reporter:
HBO Max to launch on May 27 for $15 per month with 10,000 hours of programming — The streaming service is set to debut amid the shutdown brought about by the novel coronavirus outbreaking, bringing with it 10,000 hours of library programming from across the WarnerMedia catalog.
Discussion:
Variety, The Week, Nylon, CNET, @joan_e, @joan_e, Deadline, The Playlist, Wall Street Journal and @joan_e, more at Techmeme »
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Sarah Perez / TechCrunch:
Spotify launches a set of 17 editorially curated podcast playlists, akin to its RapCaviar music playlist, in the US and five other countries — Spotify is continuing its investment in the podcast streaming side of business with the launch of a suite of editorially-curated podcast playlists …
Discussion:
Nieman Lab, Spotify, Gizmodo, Spotify for Podcasters and The Verge
Mandy Jenkins / The Compass Experiment:
The Compass Experiment, McClatchy and Google's digital local news initiative, plans to launch the Longmont Leader in Colorado in May with a team of five — We're launching The Longmont Leader to provide critical news and information during this time of crisis — and beyond.
Discussion:
Nieman Lab, Axios, MediaPost, The Keyword, @fishnette, @mattsebastian, @mjenkins, PR Newswire, @rubinojc, @mcclatchy, Longmont Observer, @benfischersbj and Free Press
@kerrymflynn:
[Thread] Internal memos: Politico lays off 13 at Protocol as it cancels live events through at least Sept. 1, including its presence at political conventions — Didn't want to break this media news earlier because of my major conflict of interest. But I'm really sad to see another round of harsh cuts at a media company (and a new one at that!). 13 people, incl editors + reporters, lost their jobs at Protocol today https://twitter.com/...
Discussion:
Nieman Lab, @haydenfield, Talking Biz News, @tomgara, @aaschapiro, Protocol, @abeaujon, @abeaujon, @abeaujon, @abeaujon, @levisu, @mmmmurf, @jbenton, @stevekovach, @kerrymflynn, @scottlucas, @talkingbiznews and @whatthebit
Seb Joseph / Digiday:
YouTube says it's working on letting advertisers use keyword or contextual targeting to decide what posts their ads will appear on before running them — YouTube is making it easier for advertisers to block videos that are risky to their reputations, but in doing so could inadvertently push targeting without any proper context.
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Kathryn Hopkins / WWD:
Bustle relaunches Nylon's digital edition but delays a promised print edition to fall 2021 and postpones a monthly live music series, Nylon Nights — Nylon's first digital issue under BDG's ownership features cover star Maya Hawke. — After acquiring fashion, music and cultural site Nylon last summer …
Variety:
Georgia to let movie theaters reopen April 27, but hiring staff, safety protocols, a lack of new releases, and limits on crowd sizes pose significant challenges — Georgia Gov. Brian Kemp will allow movie theaters to reopen starting April 27, but exhibition insiders stress …
Discussion:
/Film, Deadline, @brycezabel, The Playlist, @srdtv, @cinestate, The Wrap, Comic Book Movie, Variety, The A.V. Club and Vanity Fair
Snap Inc.:
Snap reports in Q1 DAUs increased 20% YoY to 229M, revenue increased 44% YoY to $462M, time spent watching Discover content rose 35%+; stock up 19%+ after hours — Daily Active Users increased 20% year-over-year to 229 million First quarter revenue increased 44% year-over-year to $462 million …
Discussion:
The Wrap, VentureBeat, Variety, @peterhamby, @joshelman, The Verge and @tiffkhsu, more at Techmeme »
@si_union:
Maven has recognized the Sports Illustrated union, formed in January with support from more than 90% of the staff — We are now a recognized union. Our statement: https://twitter.com/...
Discussion:
@grantwahl and bookforum.com
Marc Tracy / New York Times:
NPR cuts CEO pay 25% and reduces other executives' salaries between 10% and 15%, but CEO says there are no layoffs planned at the moment — The Washington headquarters of NPR, which has taken measures to avoid layoffs.Credit...Ting Shen for The New York Times Marc Tracy By Marc Tracy April 20 …
Discussion:
@jonahblank, @kindandunblind, @bobbyallyn, @taylakaye, @vwpickard, @jimwindolf, @mirokorenha and The Wrap
Tim Dams / Variety:
Apple Music expands to 52 new countries, for a total of 167 countries, while Spotify operates in 79; Apple Podcasts becomes available in 20 more countries — Apple has expanded the reach of its Apple Music platform to an additional 52 countries as part of the biggest geographical expansion of its services in almost a decade.
Discussion:
Apple, RAIN News, My Podcast Reviews, TechCrunch, MacRumors and The Verge, more at Techmeme »