Mediagazer: 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” (New York Times)

7:45 PM ET, April 19, 2022

Top News:

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

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.

Discussion: @grynbaum, Gawker, @dbauder, @edokeefe, @nickkristof, @jayrosen_nyu, @otiadjei, WWD, @grynbaum, @katekelly, @harrymccracken and @jtanews

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.

Alex Weprin / Hollywood Reporter:

Reed Hastings says Netflix plans to offer cheaper, ad-supported plans and said 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.

Discussion: CNBC, The Wrap, Deadline, @wisdom_98, @laurenthomas, @ajitpai, @iamsteph, @pkafka and @sundeep, more at Techmeme »

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 …

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, @alexstamos, @nycsouthpaw, @mattbinder, @christinapushaw, @mattbinder, @justinhendrix, @michaelehayden, @robbysoave, @jdvance1, @davidklion, @brandyzadrozny, @benjysarlin, @ggreenwald, @rvawonk, Carl Beijer, Rolling Stone, @junlper, The Scroll, @conor64, @ericowensdc, @ggreenwald, @ggreenwald, @ggreenwald, @ggreenwald, @ggreenwald, The Week, @alexthomp, @donmoyn, @steveschmidtses, @oneunderscore__, @christinapushaw, @lib_crusher, Boing Boing, @mathewi, @the_moviebob, The Rewired Soul, @taylorlorenz, @janeost_, @libsoftiktok, Mediaite, @garbageape, @pwnallthethings, @rocco_castoro, @hasanthehun, New York Post, @oneunderscore__, @taylorlorenz, @willchamberlain, @kathryntewson, @scottnover, @eoinhiggins_, @andyswan, @junlper, @agoldmund, @ggreenwald, @eigenrobot, The Federalist, @kt_so_it_goes, @ggreenwald, @amber_athey, @dklmarxist, @pbump, @_cingraham, @ozraeliavi, @glennf, @kept_simple, @turnip_tops, @benshapiro, @kimzetter, @libsoftiktok, @steveschmidtses, @taylorlorenz, @donmoyn, @thelincoln, Nothing but the Truth, @becketadams, @kept_simple, @eoinhiggins_, @alexstamos, @alexstamos, @heerjeet, @nicdawes, @oneunderscore__, @oneunderscore__, @sturgeons_law, Seth Tower Hurd's The Five, @mattbinder, @krisgoldsmith85, @taylorlorenz, Bulletin, @taylorlorenz, @arthur_affect, @oneunderscore__, @oneunderscore__, @maxwelltani, @brianstelter, @andrewperezdc, @steveschmidtses and @brianstelter

James Cridland / Podnews:

Spotify tells applicants that it canceled the Greenroom Creator Fund, announced in June 2021; it isn't clear whether the live audio fund ever paid out any money — In June 2021, Spotify announced the Spotify Greenroom Creator Fund for US creators to “support and reward creators for the communities …

Discussion: Hollywood Reporter, Brookings, Tubefilter, The Verge and TechCrunch

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

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

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.

Discussion: @heyitschili, @fernriddell, @karissabe, @dcherring, @baekdal, @axios and @baekdal

LSM:

Q&A with the chief editor of Novaya Gazeta Europe, based partially in Latvia, as the Russian newspaper launches a European edition to dodge 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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Zack Whittaker / TechCrunch:
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Discussion: Gizmodo, Metacurity, Newslit Daily, @johnmaeda, @jbenton, @seldo, @themarkup, @nicoaferr, @jhong, @chrismessina, @adamsinger, @alexmleo, @zackwhittaker, Transistori, Protocol and MediaPost

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Emma Roth / The Verge:
Report: Microsoft is working on a program to let select brands advertise within free-to-play Xbox games, such as on a billboard, and won't take a revenue cut

Discussion: TheStreet, Hit Points, @swodinsky, The GameDiscoverCo newsletter, @seyitaylor, TechCrunch, Insider and @patrickcoffee

Bloomberg:
Filings: three Alex Jones companies, including Infowars, filed for bankruptcy protection in Texas on Sunday, after they were found liable in Sandy Hook lawsuits

From Techmeme:

Raffaele Huang / Wall Street Journal:
Apple removes WhatsApp, Threads, Signal, and Telegram from its App Store in China, after orders from the country's regulators citing national security concerns

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that can create a realistic talking face video from a portrait photo and an audio file, in research preview

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

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