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7:40 AM ET, April 13, 2022

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 Top News: 
Alex Sherman / CNBC:
Sources: CNN+ has fewer than 10K daily users; CNN, the cable channel, had an average of 773K total viewers a day in 2021  —  - Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said.  — The paltry audience casts doubt on the future …
RELATED:
Sara Fischer / Axios:
Sources: CNN planned to invest ~$1B in CNN+ over four years and projected 2M US subs in year one, but will likely cut back dramatically after spending ~$300M  —  Investment and projections for CNN+ are expected to be cut dramatically in response to a low adoption rate, two sources tell Axios.
Sarah Scire / Nieman Lab:
After a two-year pause, the News Leaders Association is sharing its newsroom diversity survey this week; 303 outlets participated, missing the goal of 2,500  —  Meredith Clark, who has led the News Leaders Association's diversity survey in recent years, has resigned from the project.
Bitch Media:
Bitch Media, a feminist media outlet founded 25 years ago, announces it will cease operations in June 2022; BitchMedia.org will remain accessible as an archive  —  Bitch Media has been an independent-media presence like no other.  Since 1996, we have provided nuanced, thoughtful …
J. Clara Chan / The Hollywood Reporter:
Elahe Izadi / Washington Post:
Gannett will cut at least one print day at 50 papers by June; Gannett exec says e-edition use is up 140% since March when print days were cut at 136 papers  —  When she was a child, Sandy Auburn's father read the comics to her; eventually, she learned to read them to him.
RELATED:
Megan Graham / Wall Street Journal:
IAB: US digital ad spend rose 35% YoY to $189B in 2021, the largest gain since 2006; 10 publishers and platforms took 78.6% of the total, up from 78.1% in 2020
Sarah Perez / TechCrunch:
Spotify rebrands companion app Spotify Greenroom as Spotify Live and integrates its live audio capabilities in the main app minus the interactive features  —  As an earlier report had suggested, Spotify today announced it will integrate the live audio capabilities from its companion app …
Bron Maher / Press Gazette:
Analysis: the number of UK newspaper editorials calling for more action on climate change quadrupled between 2018 and 2021, rising from 40 to 163  —  The number of UK newspaper editorials calling for more action to prevent climate change quadrupled in the three years to 2021, according to analysis by climate science site Carbon Brief.
Charlotte Rawlings / CampaignUK:
Time Out will end its London print edition after 54 years in June, to focus on its digital channels and Time Out Market, its events and restaurant arm  —  Publisher will focus on digital, social and Time Out Market.  —  Time Out Group has announced it will be stopping publication …
 
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 More News: 
Isabel Choat / The Guardian:
A look at the Somalia-based Bilan, supported by the UN with an all-female newsroom, which will report on violence, women in politics, and female entrepreneurs
Sara Fischer / Axios:
NPR CEO says 53% of NPR's leadership team are people of color, up from 9% in 2019; 78% of new hires for the 2021 fiscal year were POC, up from 51% in 2020
Politico:
A look at the 32-year-old liberal nonprofit magazine American Prospect, staffed by 14 people, which has broken big stories about the Biden administration
Jack Neff / Ad Age:
Comcast's ad sales unit Effectv says it will start using Comscore as a measurement alternative to Nielsen for local TV, covering 66 markets and 35M subscribers
Discussion: MediaPost and Next TV
Sara Fischer / Axios:
Snap launches Dynamic Stories, which lets news outlets publish stories using RSS feeds, facilitating breaking news coverage, starting with 40+ publishers
 Earlier Picks: 
Gillian Tan / Bloomberg:
Toronto-based Viral Nation, a digital brand marketing firm that also manages social media influencers, raises CAD$250M at a CAD$650M valuation
Alex Ritman / The Hollywood Reporter:
FIFA launches FIFA+, an ad-supported platform with live games from domestic leagues, archival content, and documentaries, but no World Cup games
Ross A. Lincoln / The Wrap:
Returning from a hiatus, Rachel Maddow announces she will host her MSNBC show on Monday nights only from May to give herself more time to work on other projects
 

 
From Techmeme:

Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member

Anthony Ha / TechCrunch:
Meta launches quote post controls for all Threads users, letting them allow quotes from everyone on Threads, only the people they follow, or disable quote posts

Pei Li / Bloomberg:
Sources: Chinese self-driving startup Beijing Momenta Technology confidentially filed for an IPO in the US and could raise $200M to $300M as early as in 2024

 
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