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12:15 PM ET, April 25, 2022

Mediagazer

 Top News: 
Alex Sherman / CNBC:
Sources: rival strategies for CNN+, combined with unexpected events like Jeff Zucker's resignation and the Discovery merger, fueled the service's rapid demise  —  Chris Licht wasn't supposed to start his new job as CNN's chief until May.  —  But on Thursday he found himself addressing …
Lucas Shaw / Bloomberg:
Sources: Netflix staff morale is sagging amid its cratering stock price, subscriber losses, and an engineering restructuring to create levels, such as “junior”  —  As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.
RELATED:
Protocol:
Netflix lost 700K subscribers by suspending its service in Russia, where it was available for six years; ad-supported plans could help Netflix catch up abroad
Charlotte Tobitt / Press Gazette:
Journalists from The Guardian, FT, and Daily Mirror were excluded from the UK Home Secretary's trip to Rwanda, where she signed a controversial immigration deal  —  Journalists from the Guardian, Financial Times and Mirror were allegedly blocked from joining Home Secretary Priti Patel's trip to Rwanda this month.
Margaret Sullivan / Washington Post:
Joe Kahn's openness to criticism can help The New York Times, which hasn't had an ombudsman since 2017, rethink its approach to politics and government coverage  —  I know him.  Here's why I think he might be the man for this perilous moment.  —  Unlike The Washington Post …
Robin Wigglesworth / Financial Times:
Analysis: Bloomberg Terminal had a 32.5% share of market data industry in 2021, with its revenue up 5.2% to $11.6B; Refinitiv had a 19.7% share  —  MS-DOS for finance nerds refuses to die.  —  Like vampires, Freddy Krueger and goldbugs posting dual axis charts of US M2 overlaid with the S&P 500 on Twitter …
Tim Peterson / Digiday:
Roku partners with Analytic Partners, Ipsos, IRI, and Nielsen to provide more ad data for marketing mix modeling and help it better compete with traditional TV  —  To catalyze the shift of TV ad dollars to streaming will require not only proof of streaming's performance but evidence of what makes it perform.
Discussion: MediaPost
Joy Press / Vanity Fair:
Streamers are acting like TV networks, pulling back on edgy content and seeking “elevated broadcasts”, like sitcoms, under financial pressure and competition  —  Desperate for subscriber eyeballs, streamers are pulling back on edgy content—and acting more like the networks they trounced in the revolution.
Josh Ye / Reuters:
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, will lay off hundreds of staff; Huya had 2,075 employees in 2020  —  Chinese video game streaming site Huya (HUYA.N) has started laying off staff, three sources close to the matter said …
Javier Espinoza / Financial Times:
Katie Glueck / New York Times:
Florida Governor Ron DeSantis signs a bill revoking Disney's special tax status, effective as of June 2023, after a clash over the state's “Don't Say Gay” law  —  Gov. Ron DeSantis's move to revoke the company's special tax status in Florida showed how combative his party …
 
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 More News: 
David Zurawik / CNN:
Editors and producers detail the challenges in covering news from Ukraine's Mariupol, including few legacy correspondents on the ground and unverified videos
Paul Farhi / Washington Post:
Russia charges Washington Post opinions contributor and dissident writer Vladimir Kara-Murza for allegedly spreading “false” info about Russia's army
Jef Feeley / Bloomberg:
BuzzFeed sues to block arbitration claims from employees who say the company improperly denied them the opportunity to sell their shares following its IPO
 Earlier Picks: 
Naomi Nix / Washington Post:
Twitter bans ads that promote climate change denial and contradict “scientific consensus”
Sarah Scire / Nieman Lab:
Journalism organizations, nonprofits, and unions ask the Pulitzer Prizes to require newsrooms to participate in a diversity survey for award eligibility by 2024