Mediagazer: Bloomberg Quicktake says it had an average of 7.4M monthly viewers for its livestream channel and 56M for on-demand videos in its first three full months (Bloomberg Media)

11:05 AM ET, March 25, 2021

Top News:

Casey Newton / Platformer:

Interviews with 14 current and former Medium employees portray a dysfunctional company; sources say Medium has 700K paid subs, suggesting $35M+ in revenue — I. — Last week, a partnerships manager at Medium working with the White House found that there was a strange problem with the platform …

Mel / @wearemel:

[Thread] Mel, the men's magazine backed by Unilever's Dollar Shave Club, is stopping publishing, ending its ties with Dollar Shave Club, and seeking a new owner — Some news: After six years of successful partnership and transforming the men's health and media spaces for the better, MEL and Dollar Shave Club's financial relationship will come to an end in 60 days.

Discussion: @perlberg, Insider, @danielleiat, Are You Engaged?, @hshaban, @grimkim, @eileenguo, @milesklee, @chrislhayes, @bykellycohen, @lfitzmaurice, @raxkingisdead, @blakehounshell, @alanalevinson, @weischoice, @margarita, @annehelen, @walldo, @edzitron, @zaron3, @alanalevinson, @lindsaygoldwert, @pfpicardi, @kantrowitz, @manymanywords, @bradesposito, @pappademas, @oneunderscore__, @maxwelltani, @madeleinecholia, @alanalevinson, @mottel, @morgan_sung, @chrisvannini, @karengeier, @noelmu, @digitalshields, @amandafarough, @malonebarry, @parkermolloy, @thesamhita, @mattdpearce, @chick_in_kiev, @spencerdukoff, @chris_mandle, @delia_cai, @_cooper, @allisonpdavis, @benyt, @lolacoaster, @keithrhernandez, @tomvictor, @billcorbett, @jaredlholt, @amandakhurley, @alanalevinson, @taylorlorenz, @karaswisher, @robaeprice, @gabrus, @merrittk, @joshsternberg, @inthefade and Mediaite

Eric Levitz / New York Magazine:

Substack is only a “scam” in the same way that modern media is, where star pundits profit and talented reporters go underemployed — If you aren't sufficiently broken inside to be an extremely-online journalist — or, worse, a non-journalist who diligently monitors the beefs within …

Discussion: @sacca, @amywestervelt, @ericlevitz, @milehighrobert, @claireefallon, @caseyjohnston, @hannahrkeyser, @zachwritesstuff, @kantrowitz, @lizzieohreally, @thrasherxy, @delia_cai, @annehelen, @augustjpollak, @ginamizell, @mollywood, @lizzieohreally, @patrick_hruby, @stevemullis, @mcmansionhell, @jowrotethis, @jilliancyork, @sethwemerson, @davidubben, @thrasherxy, @pbump, @mollywood, @sacca, @benpopper, @edroso, @rachelmetz, @bdhowald, @mollywood, @goldietaylor, @lindseyadler, @kyleaglaser, @cameronwilson, @tnwhiskeywoman, @davegershgorn, @espiers, @adavidhalejoint, @jilliancyork, @alexmcdaniel, @alec_lewis, @sacca, @thelincoln, @marisa_ingemi, @mollywood, @howelloneill, @davidfolkenflik, @jason, Memex 1.1, @caseyjohnston, @emilybell, @annaleen, @lizzieohreally, @karaswisher, @sacca, @karaswisher, @anne_elizabeth, @frankicookney, @ntavakolifar, @ninabernstein1, @hkesvani, @annacod, @amywestervelt, @amywestervelt, @amywestervelt, @amywestervelt, @annanowo, @amywestervelt, @danismcnally, @michellemanafy, @rachelconnoll14, @sadydoyle, @wudanyan, @hkesvani, @rklein90, @alex, @tomnamako and @amywestervelt, more at Techmeme »

News Corp:

News Corp acquires Investor's Business Daily for $275M; the financial news and research business has ~100K subscribers and will be operated by Dow Jones — Digitally-Focused Financial News, Tools and Research Business To Be Operated By News Corp's Dow Jones Division

Discussion: The Wrap, Variety, Reuters, Bloomberg, @pkafka, @felixsalmon, @markdistef and @dylanbyers

Alex Shephard / New Republic:

This week's coverage of the border lacks proper context, ignores the humans at the heart of it, and injects conflict into a relatively drama-free administration — On Sunday, ABC's This Week sent its weekly roundtable—excuse me, its Powerhouse Roundtable—on a field trip to the U.S.-Mexico border.

Discussion: Columbia Journalism Review, @alex_shephard, KNSD-TV and @afroxander

Tommy Christopher / Mediaite:
Politico Playbook criticized for an item that cast Trump's administration as having been more transparent than Biden's on migrant detention at the border

Bloomberg Media:

Bloomberg Quicktake says it had an average of 7.4M monthly viewers for its livestream channel and 56M for on-demand videos in its first three full months — New over-the-top streaming services include The Roku Channel, … The network also had 56 million average monthly viewers …

Maxwell Tani / The Daily Beast:

Sources: HuffPost has picked Danielle Belton as its new EIC; Belton is currently the EIC at G/O Media's Black-focused news and culture outlet The Root — The left-leaning digital media pioneer will be helmed by The Root's current top editor Danielle Belton, The Daily Beast has learned.

David Leonhardt / New York Times:

Analysis finds 87% of COVID-19 coverage in the national US media last year was negative, compared to 51% in international media and 64% in scientific journals — The U.S. media is offering a different picture of Covid-19 from science journals or the international media, a study finds.

Brian Steinberg / Variety:

Fox partners with Comcast's Freewheel, which specializes in digital ads, to offer addressable ads on Fox content viewed on Comcast properties like Xfinity — Fox Corporation is moving to offer the advertising of the future. — The company said it struck a partnership with FreeWheel …

Discussion: Ad Age, Radio & Television …, MediaPost, @spj_tweets, @robabramowitz, Beet.TV, FierceVideo, @chrissieevert and @caitlinmurr

Axios:

Ahead of House hearing, Mark Zuckerberg calls for Section 230 reform that makes protections conditional on platforms' ability to identify and remove content — Facebook CEO Mark Zuckerberg will tell lawmakers his plan for “thoughtful reform” of a key tech liability shield rests …

Taylor Lyles / The Verge:

Disney+ will cost $1 more per month from March 26, increasing to $7.99/month or $80/year, the first price hike by Disney for the service — The price is going up to $7.99 a month for subscribers in the US starting on March 26th — You have just two days left to lock in Disney Plus at its current price.

Discussion: MediaPost, AppleInsider, Fortune, Variety, Decider, @lanceulanoff, io9 and Heroic Hollywood, more at Techmeme »

Kevin Roose / New York Times:

NYT turns one of its articles about NFTs into a NFT and puts it up for auction, with proceeds going to NYT's Neediest Cases Fund — Why can't a journalist join the NFT party, too? — Normally, I'm not allowed to make sales pitches in my columns. — But this time is an exception, because what's for sale is the column itself.

Discussion: @jbenton, TechCrunch, @defipulse, @hesherman, @taylorlorenz, @kevinroose and @halhod

Archived Page Info:

This is a snapshot of Mediagazer at 11:05 AM ET, March 25, 2021.

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Who's Hiring in Media?

Deputy Ed. - Gen. Assignment Desk, DC — WaPo

EU Technology Reporter, Brussels — Bloomberg

Breaking News Reporter, NY — Guardian US

Harrisburg Reporter, PA — PCBC

Senior Editor - Styles, NY — NYT

Part-time Editor, Remote — Techmeme

Home & Travel Reporter, Ireland — Newsweek

Assistant Digital Editor, MA — Boston Globe

Senior Editor - Visuals (Temporary), DC — NPR

South Reporter, GA/Remote — ProPublica

Private Capital Reporter, London — FT

Staff Writer, MI — Watershed Voice

Articles Editor, CA — SF Standard

Pharma Reporter, Remote US — Endpoints

Metro Reporter, TN — Daily Memphian

Higher Ed. Reporter, Remote CA — EdSource

Politics Reporter, Brussels — Politico

Investigations & Enterprise Ed., WI — Cap Times

Social Strategy Editor, NY — WSJ

Business Reporter, TX — Fort Worth Report

Senior Narrative Editor, CA — Cloud Chamber

News Correspondent, MS — Magnolia Tribune

Accountability Reporter, NC — Charlotte Observer

Editor-in-Chief, NY (flexible) — The 74

Housing Reporter, OK — The Frontier

Writer/AI Content Reviewer, CA — Outlier

Writer/Editor, Remote — Mediaite

Political Reporter, TX — Courier Newsroom

Afternoon/Night Editor, NH — Keene Sentinel

Education Lab Editor, WA — Seattle Times

Staff Writer, MA/Remote — Tech Advisor

State Worker Reporter, CA — Sacramento Bee

Executive Editor, NM — Searchlight

Reporter, NC — NC Newsline

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More News:

Kaitlyn Tiffany / The Atlantic:
A look at Remember the Internet, a series of pocket-sized books dedicated to immortalizing subcultures and combating the ephemerality of being online

Discussion: @owenthomas, @lambdaliterary, @caseyplett, @instarbooks, @manwhohatesfun, @quinmyers, @ahmed, @sunaina_patnaik, @adriennelaf, @internetarchive and @kait_tiffany, more at Techmeme »

Matt Donnelly / Variety:
Jay Leno apologizes for jokes told over his career targeting Asian communities, saying it is not “another example of cancel culture but a legitimate wrong”

Discussion: Hollywood Reporter, @dancow, @yashar, @chairmangao, @pronounced_ing, @leonardchang, @goawaywithjae, @jonleebrody, @yuhline, Chicago Sun-Times, @lovesthewords, @l4nguyen, @erichaywood, @mattdonnelly, @j_m_wood and Jezebel

The Information:
Sources: DOJ is probing whether Sony's proposed $1.2B acquisition of Crunchyroll from WarnerMedia would give Sony dominance in the anime streaming market

Discussion: The Verge, @matthfield, @larke12, @joshua_sisco and @alexeheath

Joe Pompeo / Vanity Fair:
Sources: WaPo is looking for a “Journalistic Unicorn” to replace Marty Baron, someone with his stature but a stronger connection to “journalists of tomorrow”

Discussion: Mediaite, @nichcarlson, @jayrosen_nyu, @hshaban, @hshaban, @ethartley, @mlcalderone, @joepompeo and @joepompeo

Robert Channick / Baltimore Sun:
Filings: Stewart Bainum Jr. offered $650M to purchase all of Tribune Publishing even as its board endorsed a $630M offer from Alden Global Capital

Discussion: New York Times, @spj_tweets, @raju, @mcallguild, @mattdpearce, @lizbowie, @friscojosh, @ssdance, @benestes, @bencjacobs and Washington Post

Earlier Picks:

Murad Ahmed / Financial Times:
Russian oligarch Roman Abramovich sues HarperCollins and the author of Putin's People, in the UK, over claims that he bought Chelsea FC on orders from Putin

Discussion: @raju and @muradahmed

Steven Perlberg / Insider:
Leaked memo: NYT is creating a system to approve outside work by its journalists, including newsletters, podcasts, book deals, or consulting on film projects

Discussion: @film_girl, @kellyannepolls, @lowenaffchen, @benthompson, @jamesivings, @nathanblawrence, @bendifrancesco, @jason and @whatthebit

Jem Aswad / Variety:
Germany-based music company BMG and investment firm KKR say they will partner to pursue recorded music, music publishing, and other music-rights acquisitions

Associated Press:
AP reporter Thein Zaw, who was arrested more than three weeks ago while covering a protest in Myanmar, released from detention after judge drops all charges

Discussion: @vmsalama

Meg James / Los Angeles Times:
LA Times says it has received a $10M PPP loan, its first during the pandemic, to help cover payroll and other costs amid a plunge in advertising revenue

Discussion: @logan_ratick, @politicsreid, @adater and @dicktofel

From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems

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