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3:40 PM ET, March 22, 2022

Mediagazer

 Top News: 
Katie Robertson / New York Times:
In an email, BuzzFeed News EIC Mark Schoofs announces his departure and those of two other top editors; CEO Jonah Peretti announces job cuts for ~1.7% of staff  —  Mark Schoofs, the site's editor in chief, is among the departures.  The company's chief executive said BuzzFeed News would need to …
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Alex Sherman / CNBC:
Sources: several large shareholders have urged Jonah Peretti to shut down BuzzFeed News, which has ~100 employees and loses ~$10M/year  —  - Several large shareholders have urged BuzzFeed CEO Jonah Peretti to shut down the company's news organization.  — BuzzFeed News has won awards …
A.J. Katz / TVNewser:
Tom Namako, deputy EIC at BuzzFeed News, is leaving to become executive editor of NBC News Digital, replacing David Firestone, who is retiring  —  NBC News has named Tom Namako the new Executive Editor of NBC News Digital, beginning April 25.  —  Namako replaces David Firestone …
Will Feuer / Dow Jones Newswires:
BuzzFeed reports $40.4M in Q4 net income, up from $32.2M the year before, and revenue of $145.7M, up 18% YoY, driven by 33% YoY growth in content revenue  —  Digital-media publisher BuzzFeed Inc. said its revenue and profit rose in the three months ended Dec. 31.
Sara Fischer / Axios:
Ben Smith and Justin Smith say they will name their media company Semafor  —  Ben and Justin Smith plan to name their new company “Semafor,” a word used to describe a method of communication via two visual signals, the pair confirmed to Axios. … - The Smiths will use the phonetic spelling of the word …
Jennifer Schuessler / New York Times:
A look at newly launched Compact, an online magazine edited by two religious conservatives and a Marxist populist that is currently funded by unnamed investors  —  Compact, a new online magazine edited by two religious conservatives and a Marxist proponent of “labor populism,” aims to challenge both …
Sara Fischer / Axios:
Ex-Trump staffers, including Donald Trump, Jr., are launching a news aggregation app called MxM news, to fill a void left by Drudge Report's waning influence  —  Former Trump staffers, including Donald Trump, Jr., are launching a news aggregation app called “MxM News” that they hope will compete …
ProPublica:
ProPublica promotes Tracy Weber to managing editor, succeeding Robin Fields  —  ProPublica announced Monday that Tracy Weber, deputy managing editor, has been promoted to managing editor.  In this role, she will lead ProPublica's national journalism to ensure that the newsroom takes on ambitious projects with moral force.
Dessi Gomez / The Wrap:
Twitter suspends the Babylon Bee's account for violating its hateful conduct policy after the right-wing satirical site tweeted a link to a transphobic article  —  Twitter has suspended the Babylon Bee's account after the parody site posted an article awarding Rachel Levine …
 
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 More News: 
Jon Lafayette / Next TV:
NBCU says it has certified eight more Nielsen alternatives for audience measurement and audience verification, including Comscore and DoubleVerify
Discussion: Ad Age and MediaPost
Catie Keck / The Verge:
Roku announces OS 11, coming soon, with a curated “what to watch” hub and custom screensavers; Roku's app will add info about content and where to stream it
Charlotte Tobitt / Press Gazette:
UK judge rules journalist Chris Mullin doesn't have to turn over his notes to the police; his investigation helped overturn convictions in 1974 IRA bombings
William Turvill / Press Gazette:
Staffers at Creators Media Group, Ukraine's largest publisher of tech news sites, recount their experiences as they continue to file stories, but now about war
 Earlier Picks: 
Yuvraj Malik / Reuters:
Tencent Music plans to pursue a secondary listing in Hong Kong, after reporting an 8.7% YoY drop in Q4 revenue, including a 15% YoY drop in social entertainment
Discussion: Benzinga
Shubham Sharma / VentureBeat:
Applied XL, founded by two computational journalists to provide real-time data, raises a $3.5M seed led by Hearst Ventures, with STAT and others participating
Joe Flint / Wall Street Journal:
CEO Bob Chapek tells staff that Disney made a mistake by not publicly opposing Florida's “Don't Say Gay” bill; Disney considers more LGBT-aware content for kids