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 BuzzFeed CEO Jonah Peretti to shut down the site's news division, 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.
Discussion:
@sherman4949, Nieman Lab, @sarafischer, @loudmouthjulia, @lolacoaster, @thesarahkelly, @dannypage, @bernstein, @jeffjarvis, @lebassett, @jeffjarvis, @bgrueskin, @moorehn, @loudmouthjulia, @elainelow, @justin_ling, @benparr, @bobsaietta, @stephgracela, @intothemelwoods, @chronotope, @danprimack, @moorehn, @danfagin, @emilyrpeck, @eacrunden, @emilybell, @justinbaragona, @pkafka, @juliareinstein, @clarissajanlim, @mims, @markstenberg3, @cwarzel, @loudmouthjulia and @ariellec
A.J. Katz / TVNewser:
NBC News Digital names BuzzFeed News deputy EIC Tom Namako as executive editor, starting on April 25, replacing David Firestone, who is retiring after 40+ years — NBC News has named Tom Namako the new Executive Editor of NBC News Digital, beginning April 25.
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 25% YoY from $32.2M, and revenue of $145.7M, up 18% YoY, driven by 33% YoY growth in its content revenue segment — Digital-media publisher BuzzFeed Inc. said its revenue and profit rose in the three months ended Dec. 31.
Discussion:
@sherman4949, @thestalwart, BuzzFeed, The Wrap, Financial Times, @edmundlee, @kerrymflynn, The Information, Poynter, @annaknicolaou, @karenkho, @royalpratt, @sherman4949, @stevekovach, @jackmirkinson, @eliotwb, @adamkelsey, @aaschapiro, @russbengtson, @hayesbrown, @edmundlee, @loudmouthjulia, @pkafka, @edmundlee, @buzzfeedpr, @willfoia, @mmcauliff and @loudmouthjulia
Sara Fischer / Axios:
Ben Smith and Justin Smith plan to name their media company Semafor, which they believe is “a very viable and successful option” for trademarking globally — 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.
Jennifer Schuessler / New York Times:
A look at Compact, a new online magazine funded by unnamed investors and edited by two religious conservatives and a Marxist labor populist — Compact, a new online magazine edited by two religious conservatives and a Marxist proponent of “labor populism,” aims to challenge both “a libertine left and a libertarian right.”
Discussion:
The Week, New York Magazine, @chaykak, @ne0liberal, @zeddary, @chrislhayes, @randygdub, @jennyschuessler, @roguenotary, @jatayler, @butleriano, @david_j_roth, @prof_gabriele, @jamesbsumner, @taylorlorenz, @silvermanjacob, @elivalley, @eoinhiggins_, @adamjohnsonnyc, @daviduberti, @patrickiber, @kt_so_it_goes, @chaykak, @aaschapiro, @ebruenig, @ashihipar, @poltheoryother, @dgisserious, @jennelizabethj, @matthewschmitz 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 the Drudge Report's waning influence — Former Trump staffers, including Donald Trump, Jr., are launching a news aggregation app called “MxM News” …
Discussion:
The Wrap, @jbenton, @dkiesow, @laurahazardowen, @sarafischer, @surabees, @wickdchiq, @xeni and @mediaevan
ProPublica:
ProPublica promotes deputy managing editor Tracy Weber to managing editor, succeeding Robin Fields, who served for nine years and is returning to reporting — ProPublica announced Monday that Tracy Weber, deputy managing editor, has been promoted to managing editor.
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, Protocol, RAIN News, Newslit Daily, Variety and MacRumors, more at Techmeme »
Jon Lafayette / Next TV:
NBCU says it has certified eight more Nielsen alternatives for audience measurement and audience verification, including Comscore, DoubleVerify, and Conviva — Certifies providers of audience measurement and audience verification — NBCUniversal, which has been vocal in its search …
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:
Variety, TechCrunch, Business Wire, @simonowens, @tropofarmer, @djohnson_cpa and @silvermanjacob, more at Techmeme »
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