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New York Times:
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service just weeks after a splashy debut. — Give this article- - - Read in app
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Wall Street Journal:
Sources: Meta is reviewing whether COO Sheryl Sandberg pressured the Daily Mail in 2016 and 2019 into killing stories about her then-boyfriend Bobby Kotick — Social-media executive, who dated the Activision Blizzard CEO, was part of campaign to persuade the U.K. tabloid to shelve a potential article
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Rick Porter / Hollywood Reporter:
Nielsen: streaming platforms accounted for 30% of US viewers' TV usage in March, the highest since Nielsen started measuring TV use by platform; cable took 37% — Nielsen's platform rankings for March also show cable posting gains driven by news coverage of Ukraine.
Discussion:
nielsen.com
Todd Spangler / Variety:
AT&T reports HBO Max and HBO gained 3M subscribers in Q1 globally for 76.8M in total; WarnerMedia made $8.7B in Q1 revenue, up 2.5% YoY, as ad revenue hit $1.7B — The now-divested WarnerMedia unit was again a drag on profitability because of continued investments in HBO Max and the launch of CNN+ …
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James Fallows / Breaking the News:
The New York Times under Joe Kahn should re-create the role of the public editor and reexamine coverage of the 2016 election — Congratulations to Joseph Kahn on being named the next Executive Editor at the New York Times. This is among the handful of trickiest and most challenging jobs …
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Michael M. Grynbaum / New York Times:
The New York Times Executive Editor Joe Kahn announces his leadership team; Marc Lacey and Carolyn Ryan will be managing editors starting on June 14
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@byronyork, Poynter, Washington Post, New York Magazine, Politico, @cliffordlevy, @lenalwilson, The Why Axis, Streetsblog New York City, @lvedd, @kyletblaine, @kimseverson, @carloslozadawp, @shreeyasinha, @davidfolkenflik, @ceciliakang, @mccarthyryanj, @eugene_scott, @nickkristof, @jayrosen_nyu, @davidjoachim, @meslackman, @nickconfessore, @grynbaum, @nytimespr, @grynbaum, @gregkellyusa, @ggreeneva, @froomkin, @otiadjei and Media Nation
Brendan Brady / Antenna:
Netflix had 3.6M US subscriber cancellations in Q1, over 1M more than any quarter since Q4 2020; gross additions remained fairly stable, ranging from 2.2M-2.9M — Netflix Q1'22 results revealed a quarterly net subscriber loss ( link). Antenna unpacked some of the latest dynamics around …
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MediaPost and @loudmouthjulia
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Bloomberg:
Sources: Barack and Michelle Obama's production company Higher Ground doesn't plan to re-sign with Spotify, and is talking to Audible, iHeartMedia, and others — Barack and Michelle Obama's time with Spotify Technology SA is coming to an end. — The former first family's production company …
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Axios, TechCrunch, @ashleyrcarman, CNET, Breitbart, Mediaite, Podcast Movement, Variety, New York Post, Insider, Engadget, Music Ally, Los Angeles Times, @mylesudland, @lucas_shaw, The Guardian, The Wrap, Fox News, The Verge and CNN, more at Techmeme »
Jon Porter / The Verge:
Spotify now lets all creators in the US, the UK, Canada, Australia, and New Zealand upload video podcasts via Anchor, which Spotify acquired in February 2019 — After over a year of more limited tests — All creators in the US, UK, Canada, Australia, and New Zealand can now upload video podcasts …
Discussion:
Protocol, @glenngabe, WebWire, 9to5Mac and TechCrunch, more at Techmeme »
Marc Wojno / ZDNet:
Live Bash, which lets artists livestream their performances and convert the shows into digital collectibles and NFTs, raises a $21M seed from unnamed investors — The entertainment tech startup will allow performers to rent one of its physical stages to livestream and mint their performances.
Brooks Barnes / New York Times:
Florida's legislature votes to revoke Disney World's special tax district status, which it held for 55 years, after a clash over the state's “Don't Say Gay” law — Lawmakers in the state voted to revoke the company's special designation following a dispute with Gov. Ron DeSantis over a new education law.
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Aisha Majid / Press Gazette:
Analysis: only eight of 50 leading local UK news sites drew 50%+ of their UK audience from their region; for 20, less than a third of their audience was local — As local print newspapers have declined and closed, traffic to local news websites across the UK has surged.
Discussion:
@jamesrbuk
Mollie Cahillane / Adweek:
Ad-tech company Xandr is partnering with six Nielsen alternatives, 605, Comscore, EDO, Samba TV, TVision, and VideoAmp, ahead of upfronts — Xandr is the latest company to jump on the alternative currencies train. Ahead of the upfronts, the ad-tech company partnered with data providers 605 …
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Ad Age, Business Wire and Beet.TV
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