Top News:
Alex Weprin / Hollywood Reporter:
Reed Hastings says Netflix plans to offer cheaper, ad-supported plans and 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.
Discussion:
Reuters, Deadline, Axios, Variety, @lucas_shaw, CNET, Tubefilter, Bloomberg, @greg_jenner, CNBC, The Verge, @lmoses, @andizeisler, @sherman4949, @nevfountain, The Wakeup, @gayguycandleco, @digitalshields, The Playlist, @trungtphan, @nycsouthpaw, @jbflint, @pkafka, @mattzeitlin, @eric_seufert, @kennykeil, @campster, The Indian Express, @thethirdhan, @brookeobie, The Wrap, @lucas_shaw, @carlquintanilla, @danielleloucamp, @murderxbryan, @centristmadness, @johnnyhoey, @natjarv, @alexweprin, @loudmouthjulia, Engadget, TechCrunch, Insider, SlashFilm, TVLine, The Information, Ad Age, The Streamable, TechCrunch and Cord Cutters News, more at Techmeme »
RELATED:
Emily McCormick / Yahoo Finance:
Netflix reports losing 200K net subscribers in Q1, vs. an estimated 2.5M net additions, and $7.87B revenue, vs. $7.95B est.; Netflix stock closes down 35%+ — 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.
Discussion:
@elonmusk, Netflix Investor Relations, @willoremus, @gregisenberg, Variety, Forbes, Fast Company, Wall Street Journal, New York Times, @jbflint, @tiffkhsu, Vox, Wall Street Journal, Breitbart, Los Angeles Times, @lucas_shaw, CNBC, @technology, @ajs, @carnage4life, @nivie, @sadmonsters, Newslit Daily, @alexmorash, @loudmouthjulia, @marcoarment, @hblodget, @mgsiegler, @moryan, Insider, @lucas_shaw, @shiraovide, Bloomberg, The Wrap, @atrupar, @chrisgeidner, @pkafka, @jam_etc, The Register, MediaNama, @digitalshields, @aiannucci, @levynews, @pkafka, Variety, @fmanjoo, Observer, @marcoarment, @ibjiyongi, @ashkan, @ashkan, @ashkan, @thewendylee, @wholemarsblog, The Shortcut, @tiffkhsu, @carnage4life, @jsphctrl, @samro, @hkeskiva, @kantrowitz, @ldignan, @kgreifeld, @mgsiegler, @htsfhickey, @pkafka, @anylaurie16, @dominos_roi, @darren_mooney, @vickinotaro, @xpangler, @thestalwart, Music Ally, Los Angeles Times and CNBC, more at Techmeme »
Peter Vercoe / Bloomberg:
Netflix added 1.09M subscribers in Asia Pacific, the lone bright spot, helped by the success of the South Korean series Squid Game, its biggest launch — South Korean dystopian hit ‘Squid Game’ has helped make Asia a lone bright spot for Netflix Inc., which added more than 1 million subscribers …
Discussion:
New York Magazine, more at Techmeme »
Alex Weprin / Hollywood Reporter:
Netflix's Q1 earnings show that Disney, Paramount, and other companies that reorganized around streaming video must deal with consistent subscriber volatility
Discussion:
The Streamable, TechCrunch, CNBC, Variety, @nina_metz, @alexweprin and @aemccarthy, more at Techmeme »
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
Discussion:
Hollywood Reporter, CNBC, Wired, @sub8u, Techdirt, @wilgafney, @jtylerconway, @alexweprin, @sir_ruffy, @blueheronfarmtx, @wisdom_98, @laurenthomas, @ajitpai, @iamsteph, @sundeep, @pkafka, Bloomberg, Deadline, Insider and The Wrap
Alex Pareene / The AP (Alex Pareene) Newsletter:
The reporters explaining that Taylor Lorenz's door knocking is common journalistic practice fail to grasp that the new right is opposed to any newsgathering — On Tuesday, Washington Post reporter Taylor Lorenz published a story about a repulsive creep who uses her large online following to …
Discussion:
@chadloder, The Week, @mattbinder, @alexstamos, @nycsouthpaw, The Wrap, @alexthomp, Discourse Blog, @robbysoave, @justinhendrix, @ggreenwald, @taylorlorenz, @taylorlorenz, @brandyzadrozny, @cheaptrickrules, @rvawonk, @melissatweets, @kendallybrown, @scott_tobias, @drewharwell, @ashleyfeinberg, @simonowens, @petersagal, @emilybell, @amandamarcotte, @dangillmor, @letsgomathias, @marisakabas, @mlcalderone, @bruce_arthur, @hshaban, @gregotto, @mor_sock_puppet and @dcwoodruff
Michael M. Grynbaum / New York Times:
Joe Kahn announces his NYT leadership team; Marc Lacey and Carolyn Ryan will be managing editors starting June 14 — A pair of veteran Times journalists will serve in the newsroom's No. 2 position under the new executive editor, Joe Kahn. — Give this article- - - Read in app
Discussion:
@cliffordlevy, @nytimespr, @davidjoachim, @lvedd, @ggreeneva, @grynbaum, @mccarthyryanj, @meslackman, @eugene_scott, @grynbaum, @kimseverson, @carloslozadawp, The Why Axis, @gregkellyusa, @shreeyasinha, @jayrosen_nyu, @nickconfessore, @ceciliakang, Columbia Journalism Review, @davidfolkenflik, @nickkristof, @kyletblaine, Media Nation, @otiadjei, @marclacey, Talking Biz News, @tomwatson and New York Times
RELATED:
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
Discussion:
New York Magazine, Politico, Washington Post, @byronyork, @shawnmccreesh, Columbia Journalism Review, @grynbaum, @glennbeck, @ashleyfeinberg, @christineemba, American Press Institute, @clockwerks, @froomkin, @feliciasonmez, @brianstelter, @alexnpress, @maxwelltani, @gillianwong, @jonathanchait, @dbauder, @grynbaum, @jtanews, @edokeefe, @otiadjei, @harrymccracken, @nickkristof, @jayrosen_nyu, @katekelly, Today in Tabs, Gawker, Nieman Lab, WWD, Bloomberg and Wall Street Journal
Makena Kelly / The Verge:
Six ex-staffers of Arsenal Media, co-founded by Benny Johnson to make GOP clients' content go viral, describe bullying, toxic HR practices, and late payments — In the breathless world of conservative online politics, Arsenal Media is here to help you go viral.
Gerry Smith / Bloomberg:
Many talk shows are struggling to adapt to streaming, as such shows depend on current events and streamers want programming that appeals to users globally — Streaming services have already proved that they can produce Oscar-winning movies, Emmy-worthy dramatic series and high-profile live sports.
Discussion:
Mediaite, Breitbart, @mqsullivan, @jerrydunleavy, @samhaselby, @jamesoliphant, @jessesingal, @ingrahamangle, @johnjedwards3, @joetoplyn, @lucas_shaw, @alexthomp, @gerryfsmith, @tomgara, The Wrap, CNN, Numlock News and Newser
Betsy Klein / CNN:
WHCA says Joe Biden will attend the White House Correspondents' Dinner on April 30, the first time a sitting president has attended since 2016 — President Joe Biden and first lady Jill Biden will attend the White House Correspondents' Dinner on April 30, the White House Correspondents' Association announced Wednesday.
Discussion:
Politico, @thebuffalonews, Insider, New York Post, @timfullerton, @kevinliptakcnn, @juliewestfall and @whca
Aisha Malik / TechCrunch:
Instagram plans to tweak its ranking algorithm to highlight original content more, recommending accounts that aggregate and reshare other users' content less — Instagram head Adam Mosseri announced today that the company is going to tweak its ranking algorithm to highlight original content more on its platform.
Discussion:
@mosseri, The Verge, Engadget, @mikeisaac, @qwongsj, @mosseri and @tysonhutchins_, more at Techmeme »
Matt Tamanini / The Streamable:
TiVo study finds 28% of US viewers resubscribed to pay TV after cutting the cord; 29% say it is because it is the best way to watch sports and major live events — Cutting the cord can be complicated. That's why we here at The Streamable try to make it as simple as possible for you.
Discussion:
@sherman4949
Dan Gallagher / Wall Street Journal:
FactSet estimates for Q1 2022 ad revenue: analysts expect Google to grow 23% YoY to $55.1B, Meta to grow 8% YoY to ~$27.5B, and Twitter to grow 25% YoY to $1.1B — Google's search business expected to stay resilient while social platforms grapple with challenges — Your browser does not support the audio tag.
Discussion:
@megancgraham and @jason_kint, more at Techmeme »
Shraddha Chakradhar / Nieman Lab:
Study of 130K articles published by 31 papers acquired by firms like Alden Capital finds a significant decrease in the volume of local content post-acquisition — From Alden Global Capital to Sinclair Media, tales of corporate media takeovers of local news outlets — and their chilling effects — are everywhere.
Output Producer, CA — 
China Markets Correspondent, Shanghai — 
Senior Assignment Editor, DC — 
Breaking News Editor, Tokyo — 
Senior Correspondent - Wealth, NY — 
Reporter - Ottawa Bureau — 
Local Government Reporter, IA — 
Research Director, CA — 
Immigration Enforcement Reporter — 
Presque Island Reporter, ME — 
Contributing Parks Ed. - SW, CA — 
AI Content Editor, WA — 
Legislative Reporter, TN — 
Editorial Assistant, Remote US — 
Elon Musk Reporter, NY or CA — 
Government & Politics Editor, WA — 
Business & GA Reporter. VT — 
Sports Reporter, WA — 
Energy Reporter, TX — 
Senior Reporter, SC — 
Trade & Climate Correspondent, DC — 
Reporter, WI — 
Political Newsletter Writer, CO — 
Jackson Reporter, MS — 
Music Editor, AZ — 
Breaking News Reporter, NV — 
Fearless Reporter/Producer, IA — 
Reporter II - Technology, Remote — 
Editor, Remote US — 
City Reporter, WA — 
Executive Editor, OR — 
Education & Budget Reporter, CA — 
Senior Writer/Editor, FL — 
Media Editor, Remote — 
