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 …
Discussion:
@catherinekimny, @tomnamako, Variety, Insider, Crain's New York Business, Mediaite, @maggienyt, @mitrakalita, @claudiajo_ms, @lisatozzi, @benyt, @edmundlee and Barrett Media
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.
Discussion:
@sherman4949, The Wrap, Financial Times, BuzzFeed, @kerrymflynn, The Information, @edmundlee, @thestalwart, Poynter, @annaknicolaou, @karenkho, @royalpratt, @sherman4949, @stevekovach, @jackmirkinson, @eliotwb, @adamkelsey, @aaschapiro, @russbengtson, @hayesbrown, @loudmouthjulia, @pkafka, @edmundlee, @buzzfeedpr, @willfoia, @mmcauliff, @loudmouthjulia and @edmundlee
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 …
Discussion:
@chaykak, @zeddary, @chrislhayes, @randygdub, @silvermanjacob, @prof_gabriele, @eoinhiggins_, @matthewschmitz, @aaschapiro, @patrickiber, @ashihipar, @roguenotary, @david_j_roth, @jamesbsumner, @poltheoryother, @dgisserious, @jennyschuessler, @jatayler, @butleriano, @taylorlorenz, @elivalley, @adamjohnsonnyc, @daviduberti, @kt_so_it_goes, @chaykak, @ebruenig and @jamesrbuk
Sara Fischer / Axios:
Recurrent Ventures, owner of Popular Science and MEL, buys digital and print B2B publication Business of Home, marking its 25th acquisition in under five years — Recurrent Ventures, a venture equity-backed digital media company, has acquired Business of Home, a digital and print publication dedicated …
Discussion:
@sarafischer, @rafat and @bmorrissey
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 …
Discussion:
The Wrap, @jbenton, @dkiesow, @laurahazardowen, @sarafischer, @surabees, @wickdchiq, @xeni and @mediaevan
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.
Discussion:
American Press Institute, @terryparrisjr, @charlesornstein, @gingerthomp1, Associated Press, @pamelacolloff and @sisiwei
Amanda Silberling / TechCrunch:
Apple announces new Podcasts Connect creator features, including follower counts, uploading MP3 files as subscriber-only audio, and custom subscription banners — Apple Podcasts is rolling out new features to incentivize podcasters to offer paid subscriptions to listeners on the app.
Discussion:
podcasters.apple.com, Podnews, RAIN News, Newslit Daily, Variety and MacRumors, more at Techmeme »
Jacob Kastrenakes / The Verge:
Yuga Labs, the owner of three of the top NFT brands including Bored Ape Yacht Club, raises $450M at a $4B valuation led by a16z to build an NFT media empire — The funding values Yuga Labs at $4 billion — Yuga Labs, the owner of three of the biggest NFT brands on the market …
Discussion:
@simonowens, The Creative Block and JPEG Journal, more at Techmeme »
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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