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12:45 AM ET, April 20, 2022

Mediagazer

 Top News: 
Emily McCormick / Yahoo Finance:
Netflix reports losing 200K subscribers in Q1, vs. 2.5M net additions est., and revenue of $7.87B, vs. $7.95B est.; the stock is down 25%+ after hours  —  Netflix (NFLX) reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market.
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Alex Weprin / Hollywood Reporter:
Reed Hastings says Netflix plans to offer cheaper, ad-supported plans and that Netflix will examine what those plans will look like “over the next year or two”  —  Co-CEO Reed Hastings revealed the move on an earnings call after the streaming giant disclosed it lost 200,000 subscribers during its most recent quarter.
Todd Spangler / Variety:
Netflix estimates that its users are sharing passwords with 100M+ non-paying households globally, including 30M+ in the US and Canada, in violation of its rules  —  There's a whole lot of password-sharing going on across Netflix's customer base — and the streaming giant is eager to get money from the freeloading masses.
New York Times:
The New York Times Managing Editor Joe Kahn will succeed Dean Baquet as executive editor, starting in June; Baquet “will remain to lead an exciting new venture”  —  Mr. Kahn, 57, will take over a newsroom undergoing enormous change.  — Give this article- - - Read in app
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Michael M. Grynbaum / New York Times:
A profile of Joe Kahn, whose focus on China shaped his career, during which he won two Pulitzers and helped turn The New York Times into a 24-hour operation  —  Joe Kahn, the next executive editor of The New York Times, has had a steady rise in journalism.  It began with a decision to turn his focus to China.
Taylor Lorenz / Washington Post:
A look at the woman behind Libs of TikTok, a Twitter account that reposts videos along with incendiary framing and is shaping LGBTQ+ right-wing media coverage  —  A popular Twitter account has morphed into a social media phenomenon, spreading anti-LGBTQ+ sentiment and shaping public discourse
Discussion: @libsoftiktok, @ndrew_lawrence, @alexstamos, @nycsouthpaw, @jdvance1, @oneunderscore__, @mattbinder, Media Matters for America, @christinapushaw, @oneunderscore__, @mattbinder, @justinhendrix, @michaelehayden, @mattbinder, @robbysoave, @ndrew_lawrence, @alexthomp, Mediaite, @davidklion, @taylorlorenz, @brandyzadrozny, @benjysarlin, @ggreenwald, @oneunderscore__, @rvawonk, Rolling Stone, thedailybeast.com, @kriscoratti, @ggreenwald, New York Post, @donmoyn, @steveschmidtses, @cd_hooks, @3r1ng, @conor64, @pbump, @christinapushaw, @lib_crusher, Boing Boing, @mathewi, @bubbaprog, @the_moviebob, @ericowensdc, The Rewired Soul, @taylorlorenz, @janeost_, @libsoftiktok, @mollyjongfast, @garbageape, @pwnallthethings, @rocco_castoro, @meredithshiner, @hasanthehun, @heminator, @oneunderscore__, @taylorlorenz, @willchamberlain, @kathryntewson, The Week, The Scroll, @scottnover, @beyerstein, @ggreenwald, @ndrew_lawrence, @eoinhiggins_, @andyswan, @junlper, @bigblackjacobin, @agoldmund, @ggreenwald, @eigenrobot, The Federalist, @kt_so_it_goes, @meredithshiner, @ggreenwald, @amber_athey, @dklmarxist, @pbump, @junlper, @_cingraham, @ozraeliavi, @glennf, @oneunderscore__, @kept_simple, @turnip_tops, @benshapiro, Real News Revolt, @kimzetter, @libsoftiktok, @steveschmidtses, @taylorlorenz, Carl Beijer, @donmoyn, @thelincoln, Nothing but the Truth, @taylorlorenz, @becketadams, @kept_simple, @eoinhiggins_, @ggreenwald, @ggreenwald, @alexstamos, @beyerstein, @alexstamos, @heerjeet, @taylorlorenz, @nicdawes, @oneunderscore__, @beyerstein, @oneunderscore__, @beyerstein, @sturgeons_law, Seth Tower Hurd's The Five, @taylorlorenz, @krisgoldsmith85, @taylorlorenz, Bulletin, @arthur_affect, @oneunderscore__, @oneunderscore__, @beyerstein, @maxwelltani, @ggreenwald, @_cingraham, @cjciaramella, @brianstelter, @andrewperezdc, @steveschmidtses and @brianstelter
Sara Fischer / Axios:
Sources: Warner Bros. Discovery suspended external CNN+ marketing and laid off CNN CFO Brad Ferrer, replaced by Discovery's CFO for streaming and international  —  Warner Bros. Discovery has suspended all external marketing spend for CNN+ and has laid off CNN's longtime chief financial officer …
Bloomberg:
Sources: Amazon, Disney, Reliance, Sony, Zee, and Dream11 are vying for the broadcast rights to the cricket Indian Premier League, expected to be worth $5B+  —  Amazon.com Inc., The Walt Disney Co. and billionaire Mukesh Ambani-led Reliance Industries Ltd. are among those that have signaled …
Discussion: @venkatananth
Sara Fischer / Axios:
Rolling Stone CEO Gus Wenner says 2021 was the company's most profitable year in two decades, due to a renewed investment in live events and a focus on creators  —  Rolling Stone will debut its inaugural “Creators” issue Tuesday, featuring the first in-depth profile of YouTube star MrBeast.
Hanaa' Tameez / Nieman Lab:
A look at Redacción Regional, a collaborative of four Central American newsrooms covering the rise of authoritarianism, corruption, and militarism in the region  —  In El Salvador, President Nayib Bukele hijacked the political party, Nuevas Ideas, which was formed by members of the Salvadoran diaspora to help him get elected.
Discussion: @niemanlab and @hanaatameez
LSM:
Q&A with the chief editor of Novaya Gazeta Europe, launched as a parallel operation to Russia's Novaya Gazeta, which suspended work due to Russian censorship  —  One of the last independent publishers which suspended its activities in Russia was the influential newspaper Novaya Gazeta.
Discussion: @lsm_eng
 
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 More News: 
Adam B. Vary / Variety:
Entertainment Weekly Editor in Chief Mary Margaret is leaving and will be replaced by Executive Editor Patrick Gomez, who will take the title of general manager
Discussion: The Wrap
Joshua Topolsky / @joshuatopolsky:
[Thread] Joshua Topolsky, The Outline's founder and BDG's chief content officer for culture and innovation, leaves to start the “I've Seen the Future” podcast
Joshua Benton / Nieman Lab:
Spotify says it may restrict and limit the reach of content that touches on sensitive topics but does not cross the threshold of removal in its Platform Rules
Nancy Tartaglione / Deadline:
Netflix partners with the Arab Fund for Arts and Culture to provide a one-time, $250,000 grant to support five Arab female film producers and directors
 Earlier Picks: 
Zack Whittaker / TechCrunch:
A US appeals court reaffirms that scraping publicly accessible content on the internet is legal, ending a landmark case LinkedIn brought against rival Hiq Labs
Michael Grothaus / Fast Company:
Netflix debuts the Exploding Kittens animated comedy series and a game for Android and iOS, launching a series and a game across a single IP for the first time
Nick Kostov / Wall Street Journal:
French music streaming service Deezer plans to go public via a SPAC merger at a €1.05B valuation and says it has 9.6M subscribers and had €400M in 2021 revenue
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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