Top News:
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
Discussion:
@brianstelter, Axios, CNN, CNBC, Wall Street Journal, @sarafischer, @thrasherxy, @trungtphan, CNN, The Wrap, @wesleylowery, @mgsiegler, @wesleylowery, Washington Post, @profgalloway, MediaPost, Axios, @bgrueskin, The Verge, @clairevtran, @sarafischer, @benedictevans, Wired, Deadline, Newslit Daily, Hollywood Reporter, @kasie, Poynter, Protocol, New York Post, @swin24, @farhip, @variety, @jemelehill, adambowie.com, The Federalist, @grantwahl, @grynbaum, @sherman4949, @sarasidnercnn, @ewong, @ryansholin, @genepark, @melissamdaniels, @tedcruz, @mattzeitlin, @bgrueskin, @thevivafrei, @profgalloway, Fox News, @38godfrey, @reckless, @nedryun, @aaronjmate, @nprkelly, @cwarzel, @sulliview, @redditcfb, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, @laurenpeikoff, @emptywheel, @clairevtran, @clairevtran, @thrasherxy, @thrasherxy, @thrasherxy, @thrasherxy, @joannastern, @nickgillespie, @pnjaban, @chrisdjackson, @jasonrmcintyre, @repjimbanks, New York Magazine, @cwarzel, @terryreithcbc, @cwarzel, @brianstelter, SPY, @maxwinebach, @wesleylowery, @erikapryan, @oliverdarcy, @cwarzel, @jmsummers, @kerrymflynn, @ursulaperano, @dansinker, @peterhamby, @brianstelter, @profgalloway, @phil_lewis_, @sherman4949, @ashleyrcarman, @timfullerton, @suggswriter, @wflajosh, @parkerortolani, @gavinsblog, @semaforben, Nieman Lab, @jeffdlowe, Variety, Mediaite, Newser, Abernathy Road, thedailybeast.com, franknews, New Jersey Online, Protocol, The Week, Light Reading, Gizmodo, Quartz, Press Gazette, TVNewser, Campaign Update, CNET, HuffPost, Media Nation, 9to5Google, The Wrap, Awful Announcing, Forbes, IndieWire, Engadget, TVLine, iMore and Adweek, more at Techmeme »
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Sara Fischer / Axios:
Source: ~350 of CNN+'s 700 staff will be laid off with pay and benefits for the next 90 days; CNN+ programming will be reallocated to other streaming services — The shuttering of CNN+ three weeks after the subscription service launched will be remembered as one of the most chaotic moments of CNN's 40-year history.
Discussion:
Daily Mail, @sarafischer, @axios, @saksappeal, @sarafischer, Protocol, @beverlyhallberg and MediaPost
Todd Spangler / Variety:
AT&T reports HBO Max and HBO gained 3M subscribers to end Q1 with 76.8M globally; WarnerMedia revenue rose 2.5% YoY to $8.7B and ad revenue fell 3% YoY to $1.7B
Discussion:
MediaPost, The Hollywood Reporter, Engadget, Deadline, @sherman4949, The Streamable, Forbes, TechCrunch, Next TV, Financial Times, WORLD SCREEN, iMore, The Wrap, Wall Street Journal, Reuters and Adweek
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
Discussion:
HuffPost, Fast Company, @benfritz, SuperJoost Playlist, @emilyglazer, @markdistef, The Guardian, The Jacob Wolf Report, Transistori, @bostonjoan, @can, @juddlegum, CNET, @jason_kint, @kenklippenstein, @adashtra, @adashtra, @rmac18, @ericgeller, @heminator, @matthewstoller, Newser, @dancow, @kantrowitz, @zackwhittaker, @nicktheandersen, @amil, @nickstatt, @maximcolch, @jbflint, New York Magazine, Gizmodo, TheStreet, Bloomberg, New York Post, TechCrunch, Engadget, The Verge, Insider and Protocol, more at Techmeme »
Luke Winkie / Nieman Lab:
A look at the paranoia in BuzzFeed's newsroom after cuts and the company's SPAC deal, as its media peers weigh going public and the potential effects on staff — Many of the members of BuzzFeed's newsroom feel as if they were sold a bill of goods. — The digital media stalwart opened itself …
Discussion:
Columbia Journalism Review, @luke_winkie, @sewellchan, @schulzsam, @reedfrich, @markstenberg3, @biettetimmons, @alissamarie and @niemanlab
Sarah Scire / Nieman Lab:
Journalism organizations, nonprofits, and unions ask the Pulitzers to require participation in a newsroom diversity survey to be eligible for the awards by 2024 — An open letter calls on the industry's highest honors to include a new participation clause.
Discussion:
@sisiwei, OpenNews, @dlind, @gaufre, @sarahscire, @melissabell, @shirinj, @mitrakalita, @kat__stafford, @erinoverbey, The NewsGuild, @emmacarew, @laurahazardowen, @nhannahjones and @cristymsilva
Joe Flint / Wall Street Journal:
Sources: after churning out 500+ original programs last year, Netflix is looking to add fewer new titles and focus more on quality, while reining in spending — Streaming service spent lavishly on productions to win subscribers, but now growth has slowed — Your browser does not support the audio tag.
Rebecca Ratcliffe / The Guardian:
Terry Xu, editor of a now-closed Singaporean news outlet has been jailed for three weeks for defamation over a letter alleging government corruption — Terry Xu was convicted last year after publishing a letter alleging ‘corruption at the highest echelons’
Jonathan Allen / Reuters:
Two Georgia election workers settle their defamation lawsuit with OANN over false claims they manipulated ballots, leaving Rudy Giuliani as the only defendant — Two Georgia election workers who were the target of vote-rigging conspiracy theories have reached a settlement agreement …
Georg Szalai / The Hollywood Reporter:
NBCU CEO Jeff Shell's 2021 compensation reached $21.6M, up 31% YoY, while Comcast CEO Brian Roberts' hit $34M, up 4% YoY — In the last year, the conglomerate's stock declined 2 percent while its revenue rose 12.4 percent to $116.4 billion. … NBCU owner and pay TV …
Brendan Brady / Antenna:
Netflix had 3.6M US subscribers cancel in Q1 2022, over 1M more than in Q1 2021 and Q4 2021; gross additions in the past six quarters ranged from 2.2M to 2.9M — Netflix Q1'22 results revealed a quarterly net subscriber loss ( link). Antenna unpacked some of the latest dynamics around …
Discussion:
MediaPost and @loudmouthjulia
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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:
New York Times, @reckless, @taliaringer, @kennethturan, @smulpuru, @paul__armstrong, Vanity Fair, Simone's Newsletter, @reckless, @reckless, @timsweeneyepic, @blackamazon, @nina_metz, @alexweprin, @sherman4949, @aemccarthy, @digitalshields, Deadline, Variety, CNBC, Bloomberg and TechCrunch
Claire Woodcock / VICE:
Ebook vendors like Hoopla are including titles with COVID-19 disinfo, Holocaust denial, and more; librarians want more transparency and accountability — Librarians say Holocaust deniers, antivaxxers, and other conspiracy theorists are being featured in the catalogs of a popular ebook lending service.
Discussion:
@knowledge21org, @techwontsaveus, @motherboard, @janusrose, @flexlibris and The Verge
Aisha Majid / Press Gazette:
Analysis: eight of the 50 leading local UK news sites drew 50%+ of their UK audience from nearby; for 20 sites, 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:
@danielcave_, @liverpoolpost, @joshi, @sdp, @brianwhelanhack, @jamesrbuk and @jamesrbuk
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:
Spotify, RAIN News, @glenngabe, Protocol, 9to5Mac and TechCrunch, more at Techmeme »
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