Top News:
Katie Robertson / New York Times:
BuzzFeed News EIC Mark Schoofs says he and two other top editors are leaving, as BuzzFeed CEO Jonah Peretti announces job cuts affecting ~1.7% of company staff — Mark Schoofs, the site's editor in chief, is among the departures. The company's chief executive said BuzzFeed News would need to …
Discussion:
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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, Insider, Nieman Lab, Observer, @clarissajanlim, Gawker, @sarafischer, @bobsaietta, @bgrueskin, @thesarahkelly, @ariellec, @dannypage, @lolacoaster, @stephgracela, @intothemelwoods, @cwarzel, @moorehn, @chronotope, @pfpicardi, @pkafka, @loudmouthjulia, @justin_ling, @juliareinstein, @mims, @lebassett, @jeffjarvis, @silvermanjacob, @bernstein, @loudmouthjulia, @jeffjarvis, @emilybell, @loudmouthjulia, @danprimack, @benparr, @mollytaft, @elainelow, @moorehn, @markstenberg3, @danfagin, @emilyrpeck, @justinbaragona, @eacrunden and @sebastianmurdoc
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, @maggienyt, @mitrakalita, @claudiajo_ms, Mediaite, @lisatozzi, @benyt, @edmundlee, Crain's New York Business 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, Poynter, @annaknicolaou, The Information, @edmundlee, @robojojo, @loudmouthjulia, @karenkho, @pkafka, @sarahburris, @edmundlee, @annaknicolaou, @adamkelsey, @buzzfeedpr, @aaschapiro, @silviakillings, @sherman4949, @jackmirkinson, @willfoia, @adamsinger, @mmcauliff, @la__cuen, @stevekovach, @hayesbrown, @russbengtson, @royalpratt, @loudmouthjulia and @eliotwb
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:
@chaykak, The Week, New York Magazine, @jennyschuessler, @roguenotary, @jatayler, @butleriano, @randygdub, @david_j_roth, @sethlsanders, @emilybell, @prof_gabriele, @jamesbsumner, @chrislhayes, @taylorlorenz, @silvermanjacob, @elivalley, @eoinhiggins_, @adamjohnsonnyc, @daviduberti, @patrickiber, @kt_so_it_goes, @ne0liberal, @zeddary, @chaykak, @aaschapiro, @ebruenig, @ashihipar, @davidjmadden, @poltheoryother, @dgisserious, @jennelizabethj, Today in Tabs, @matthewschmitz and @jamesrbuk
Sara Fischer / Axios:
Recurrent Ventures, owner of Popular Science and MEL, acquires digital and print B2B publication Business of Home, 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:
Vanity Fair, @jbenton, @dkiesow, @laurahazardowen, @sarafischer, @surabees, @wickdchiq, @xeni, @mediaevan and The Wrap
Ken White / The Popehat Report:
The New York Times' Editorial Board essay on free speech was incoherent nonsense and its ill-defined criticisms of “cancel culture” will only inflame debate — What the NYT Cancel Culture Editorial Got Wrong, And What It Got Right — If you want to be a decent person, you should care about how you treat other people.
Discussion:
Tactless, @mmasnick, The Scroll, @jackshafer, Techdirt, @dangillmor, The Attention of Fools and The Liberal Patriot
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 …
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.
Ashley Carman / The Verge:
A look at the confusion, culture clash, and shifting goals in SiriusXM's Stitcher deal, as many shows and over 25% of Stitcher's staff left post-acquisition — SiriusXM leapt into podcasts with a $325 million deal — insiders say it's off to a messy start — Illustrations by Vincent Kilbride for The Verge
Discussion:
@davemolloy, @ashleyrcarman, @chrisbchester, RAIN News, @ashleyrcarman, @simonowens and @jeff_holmes
Associated Press:
Small groups of Disney employees staged demonstrations across the US on Tuesday, protesting CEO Bob Chapek's slow response to Florida's “Don't Say Gay” bill — ORLANDO, Fla. (AP) — Even though only a small percentage of Walt Disney Co. workers participated in a walkout Tuesday …
Discussion:
Reuters, Forbes, Bloomberg, @ultraviolet, The Daily Beast, LGBTQ Nation, CBS Los Angeles, Deadline, abc7NY, New York Post, Popular Information, The Hill and NPR
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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
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
Discussion:
New York Times, Bloomberg, @deadline, National Review, Breitbart, LGBTQ Nation, Deadline, @jbflint, @schmoofy, @scottgustin and @benmullin