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
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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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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 …
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MediaPost and @loudmouthjulia
RELATED:
Rick Porter / Hollywood Reporter:
Nielsen: streaming services took 29.7% of US viewers' TV usage in March, the highest in the 11 months Nielsen has measured use by platform; cable took 36.9% — Nielsen's platform rankings for March also show cable posting gains driven by news coverage of Ukraine.
Discussion:
nielsen.com, @nielsen, Next TV and Deadline
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 …
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@sewellchan, @luke_winkie, @niemanlab, @schulzsam, @reedfrich, @markstenberg3, @biettetimmons and @alissamarie
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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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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James Fallows / Breaking the News:
Under Joe Kahn, The New York Times should re-create the role of the public editor and re-examine coverage of, and the runup to, the 2016 US elections — Congratulations to Joseph Kahn on being named the next Executive Editor at the New York Times. This is among the handful of trickiest …
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@byronyork, Poynter, @biblioracle, @harrispolitico, @cliffordlevy, @dangillmor, @jeffjarvis, @jamesfallows, @froomkin, The Why Axis, @andrewfed, @andrewfed, @pkafka, @kimseverson and New York Times
Mollie Cahillane / Adweek:
Ad tech company Xandr partners with six Nielsen alternatives, 605, Comscore, EDO, Samba TV, TVision, and VideoAmp, to create an alternative for the TV ad market — Xandr is the latest company to jump on the alternative currencies train. Ahead of the upfronts, the ad-tech company partnered …
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Ad Age, Business Wire, @adweek, Beet.TV and Radio & Television …
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 — 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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The Hollywood Reporter, Deadline, Forbes, The Streamable, @sherman4949, TechCrunch, Next TV, Financial Times, iMore, The Wrap, Wall Street Journal, Reuters, WORLD SCREEN and Adweek
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:
@glenngabe, Protocol, 9to5Mac, TechCrunch and Engadget, more at Techmeme »
Maria Repnikova / The Atlantic:
As Putin's regime drops even the appearance of democracy, Russian restrictions on press freedom are unlikely to be rolled back whenever the war in Ukraine ends — While I was researching Russian investigative journalism a little over a decade ago, several of the people I interviewed used variations …
Discussion:
@kevinrothrock, @kennaninstitute, @mauracunningham and @prashantrao
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