Mediagazer: AMC Entertainment beats expectations with Q4 revenue of $162.5M, down from $1.4B in 2019, and full-year revenue fell 77.3% to $1.2B; stock up ~9% after hours (Brent Lang/Variety)

6:00 PM ET, March 10, 2021

Top News:

Linh Ta / Axios:

Des Moines Register reporter Andrea Sahouri was acquitted of all charges by a jury after her arrest while covering a BLM protest last summer — Des Moines Register reporter Andrea Sahouri was acquitted of all charges by a jury on Wednesday following her arrest while covering a Black Lives Matter protest last summer.

Archie Bland / The Guardian:

Ian Murray, executive director of UK's Society of Editors, steps down following backlash over his claims that there is no racism in the UK press — Ian Murray steps down amid backlash over his article criticising duchess's claims of UK media bigotry — The executive director of the Society …

Discussion: The Independent, @sunapology, @miqdaad, @owenjones84 and HuffPost UK

David Sharman / HoldtheFrontPage:

UK's Society of Editors issues a clarification after 200+ journalists of color criticize its denial of Prince Harry's claim that UK media is “bigoted” — The Society of Editors has moved to respond to criticisms from journalists over its defence of the national tabloid press following …

Sarah Turnnidge / HuffPost UK:

ITV news anchor Charlene White quits as host of National Press Awards following the Society of Editors' widely ridiculed claim that the UK media is “not racist” — Exclusive: Loose Women panellist calls out media organisation for its assertion that the UK press is “not racist”.

Discussion: @charlenewhite, HoldtheFrontPage, @marshadecordova, @stancollymore, @mehdirhasan, @afuahirsch, @stephenkb, @pressgazette, @dionnegrant, @mwolferobinson, Press Gazette, The Wrap, @henrymance, @davidlammy, @andreabyrnetv, @georgiebingham, @jessbrammar and RemoteAccessBar

Taylor Lorenz / New York Times:

Creators are monetizing through hyper-specific revenue streams like NewNew, which lets fans pay to vote to control a creator's day-to-day decisions — Digital stars are coming up with new ways to make money. Yet fans still hold the power. — A rash of new start-ups are making it easier …

Sarah Scire / Nieman Lab:

Yahoo News is outpacing WaPo and others on TikTok, with 1.1M followers, by using a combination of partner footage, original reporting, and humor to deliver news — Picture Yahoo users and you probably envision a group that's older and a bit less digitally savvy than those relying on, say, Google's suite.

Discussion: @kerrymflynn, @journalismfest, @angelaishere and @kerrymflynn

@nytimespr:

[Thread] NYT reacts to Tucker Carlson's comments about NYT's Taylor Lorenz and her struggle with online harassment, calling his tactic calculated and cruel — Our response to Tuesday night's “Tucker Carlson Tonight” broadcast. https://twitter.com/...

Discussion: @nytimespr, Variety, The Hill, The Wrap, @webdevmason, @redsteeze, @slpng_giants and @shiraovide

Todd Spangler / Variety:

YouTube says more than 120M Americans streamed YouTube and YouTube TV on their TVs in December 2020, up from 100M in March 2020 — YouTube is again touting the living-room TV as the fastest-growing screen in its device matrix, angling to get more advertisers to spend money on the platform.

Discussion: MediaPost, CNBC, The Wrap, The Keyword and Adweek, more at Techmeme »

Bloomberg:

A bipartisan group of lawmakers introduces bills in the US House and Senate that would let news outlets negotiate collectively with Google, Facebook, and others — - News media could band together under bill to bargain with tech — Australia law marked a major victory for news publishers

Discussion: MediaPost, TechCrunch and The Hill, more at Techmeme »

Kendall Baker / Axios:

NYT's NBA reporter Marc Stein is partnering with social audio app Locker Room to create live audio content — Marc Stein, the New York Times' star NBA reporter, has partnered with Locker Room to create live audio content, Axios has learned. — Why it matters: Locker Room, Clubhouse …

Discussion: @thekendallbaker

Lawfare:

How AG Merrick Garland can reverse Trump's press freedom abuses, starting with investigating arrests and uses of force against journalists during BLM protests — When President Biden announced the nomination of Merrick Garland as the next attorney general, Biden criticized incendiary rhetoric …

Discussion: Reuters, Chicago Sun-Times and NPR

Sara Boboltz / HuffPost:

BuzzFeed announces layoffs at HuffPost, affecting 47 US employees, three weeks after acquiring the site from Verizon Media; HuffPost Canada will close — BuzzFeed acquired HuffPost from Verizon Media in February. — BuzzFeed announced layoffs for the HuffPost newsroom on Tuesday …

Discussion: Talking Points Memo, @huffpostunion, @samantha_kb, @ohheyjenna, Defector, @perlberg, @emmaladyrose, @sebastianmurdoc, @boyreporter, The Guardian, @schwarz, CBC News, @huffpostunion, @mckinneykelsey, @jacobsoboroff, Poynter, American Press Institute, Today in Tabs, @cmclymer, Fingers, @kimbhasin, @sulliview, @_tarynitup, @jbendery, @jbarro, bookforum.com, @kerileighmerrit, Talking Biz News, @donie, @joyurcaba, @sarahmillerdc, @samantha_kb, @jwints, @mahamabedi, @sara_bee, @hshaban, @claireefallon, @mccarthyryanj, Axios, @mekosoff, @flyingwithsara, @itsalexberg, @jessicaschulb, @aedwardslevy, @jscros, @annaesilman, @annaesilman, @annaesilman, @annaesilman, @discourse_blog, @kimbhasin, @lukewsavage, @kazweida, @annetdonahue, @erinstrout, @pennyriordan1, @losowsky, @janellenanos, @tpcarney, @emilydreyfuss, @emilydreyfuss, @sebastianmurdoc, @rebekahentralgo, @chrisgeidner, @edzitron, @jesseraub, @themaxburns, @scaachi, @egavactip, @ruthbenghiat, @adamserwer, @chrislhayes, @anthony, @velocciraptor, @rottenindenmark, @rottenindenmark, @ericmgarcia, @biettetimmons, @psychichealerc, @andrewhhill, @ericmgarcia, @jessicaschulb, @huffpostcaunion, @huffpostcaunion, @huffpostcaunion, @mlcalderone, @caseynewton, @leahmcelrath, @latguild, @nhannahjones, @alexckaufman, @jamieson, @marinafang, @jennydeluxe, @andreagonram, @mannyfidel, @sarahkaplan48, @joshsternberg, @alexkotch, @jmrivera02, @ericgeller, @hshaban, @theepicdept, @andybcampbell, @kerrymflynn, @unprovoked_, @mckinneykelsey, @jillkrajewski, @onesarahjones, @bigblackjacobin, @crecenteb, @samthielman, @w7voa, @dmccabe, @juliareinstein, @addysbaird, @thewayoftheid, @harringtonbecca, @joeberkowitz, @pkafka, @laurawags, @scaachi, @managewski, @frittaker, @kerrymflynn, @huffpostunion, @maxwelltani and @samstein

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More News:

Brent Lang / Variety:
AMC Entertainment beats expectations with Q4 revenue of $162.5M, down from $1.4B in 2019, and full-year revenue fell 77.3% to $1.2B; stock up ~9% after hours

Discussion: The Wrap and AMC Entertainment

Todd Spangler / Variety:
Meredith hires Mary Margaret as the new EIC of Entertainment Weekly; she will be the 31-year-old publication's first female EIC

Discussion: The Wrap and MediaPost

Oliver Darcy / @oliverdarcy:
WaPo publisher emails staff about the paper's plans to “initiate the gradual return” to offices starting July 6 with voluntary return of ~10% of its workforce

Discussion: The Hill, @sulliview and Washingtonian

Thomas Colson / Insider:
Interview with GB News CEO Angelos Frangopoulos, who says UK's impartiality rules will not prevent it from becoming the country's first anti-"woke" channel

Discussion: @adambienkov, @ali_gabhann, @pressgazette and @hotlinejosh

Mark Sweney / The Guardian:
BBC moves Children's production, which makes shows for CBeebies and CBBC, into its commercial operation to let it make programs for rivals such as Netflix

J. Clara Chan / The Wrap:
Source: Teen Vogue removed an article sponsored by the Saudi Tourism Authority after it was posted to the site on Tuesday in “error”

Discussion: Mediaite and @jbarro

Tim Peterson / Digiday:
Networks prize advertiser deals that let them move money to streaming or digital inventory, despite cable TV ad CPMs of ~$10-12 vs. streaming CPMs of ~ $20-$30

Discussion: @steveolson, @awolk and @meganclasen

Earlier Picks:

Davey Alba / New York Times:
Research shows Epoch Media's ties to over a dozen sites pushing misleading information, even as social media companies take steps to limit misinformation

Discussion: @nytimesbusiness, @jordanliles, @daveyalba, @dmccabe, @columbiajournma, @cademetz, @daveyalba, @daveyalba, @daveyalba and @daveyalba

Katie Robertson / New York Times:
Jennifer Lyons, NewsNation VP of news, has resigned effective immediately, the third top editor to quit as some staff complain of the network's rightward shift

Discussion: The Desk, Robert Feder, TVSpy, Robert Feder, @jeremyadamross, @rebeccaaguilar, @kirkjim12, @katie_robertson, @robertfeder and @mattlindner

Marc Tracy / New York Times:
Court dismisses a defamation suit brought by Trump's campaign against NYT for 2019 op-ed that claimed a quid pro quo existed between Trump and Russian officials

Discussion: New York Daily News, Media Nation, The Hill, Washington Post, @spj_tweets, @sduncovered, @mmcintire, Hollywood Reporter, @oliverdarcy and MediaPost

David Zurawik / Baltimore Sun:
A media critic who defended Fox News under Obama now says Fox is an admitted political tool and no longer deserves media perks like a seat in the WH press room

Discussion: @scottnover, @ericschultz, @davidzurawik and @jayrosen_nyu

Matt Schudel / Washington Post:
Longtime CBS News political correspondent Roger Mudd dies at 93

Mark Sweney / The Guardian:
Piers Morgan to leave ITV's Good Morning Britain after blowback on his comments about Meghan Markle; Ofcom launches probe of the comments after 41K+ complained

From Techmeme:

Tom Warren / The Verge:
Sources: Microsoft has scrambled to respond to new attacks from the Russia-linked SolarWinds hackers, as its engineers prioritize security over new features

Abner Li / 9to5Google:
Google Meet rolls out an update to let users seamlessly transfer calls between devices “without hanging up and rejoining” via its Android, iOS, and web apps

Cheng Ting-Fang / Nikkei Asia:
TSMC unveils A16, chip manufacturing tech featuring nanosheet transistors with “backside power rails” meant for producing its ultra-advanced 1.6nm chips by 2026

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