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4:10 PM ET, April 27, 2022

Mediagazer

 Top News: 
Ashley Carman / Bloomberg:
Spotify Q1: revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subs rose 15% YoY to 182M, despite losing 1.5M in Russia; stock down 12%+  —  Spotify Technology SA has spent more than a billion dollars in an effort to become the No. 1 name in podcasting …
Dell Cameron / Gizmodo:
Twitter confirms it quietly “limit[ed] the visibility” of promotional tweets via its ad platform about HBO documentary Q: Into the Storm in 2021  —  Twitter told the director of “Q: Into the Storm” it had “made the decision not to allow promotion of this documentary” when he tried to advertise the film.
Georg Szalai / The Hollywood Reporter:
Comcast and Charter launch a joint venture to develop a nationwide streaming platform that will use Comcast's Flex streaming tech and feature Xumo content  —  Comcast will license Flex, its aggregated streaming platform and hardware, and contribute streamer Xumo to the joint venture …
Washington Post:
The WHCA turned down an offer to install UV devices to fight transmission of the coronavirus at its dinner on Saturday, for which it has sold 2,600 tickets  —  White House correspondents rebuff proposal to install special lights to stop viral spread  —  More than 2,000 journalists …
RELATED:
Robert Tait / The Guardian:   Survey of 4,069 people in eastern EU countries: 52% are concerned about media freedom and 59% support granting the EU more powers to protect media liberties
Mark Bergen / Bloomberg:
YouTube starts testing ads on Shorts, including app-install ads and other promotions; Google says that Shorts now has 30B daily views  —  YouTube is testing advertisements on Shorts, its short-form video feature that competes with TikTok and Instagram, Google's chief business officer told investors on Tuesday.
RELATED:
Megan Graham / Wall Street Journal:
Real-time TV ad measurement service iSpot.tv raises $325M from Goldman Sachs and says it had $75M in revenue in 2021, up from $51M in 2020  —  The firm helps marketers track whether their ads spurred a visit to their website or a purchase.  The new funding is the latest in a flurry of deals around TV ad metrics
Los Angeles Times:
After criticism, Los Angeles County's sheriff says his department is not pursuing a criminal leak probe into LA Times journalist Alene Tchekmedyian  —  Los Angeles County Sheriff Alex Villanueva said Tuesday that his department was targeting a Times journalist in a criminal leak investigation …
Jim Waterson / The Guardian:
BBC DG says it will cut the number of programs it makes and consider turning more stations into archive services, as it looks for £285M in annual savings  —  Tim Davie suggests more stations could become archive services, as he prepares to announce deep cuts
Amanda Darrach / Columbia Journalism Review:
Q&A with Dean Baquet and Joe Kahn as Kahn succeeds Baquet as The New York Times' executive editor, on growing subscriptions, objectivity and democracy, and more  —  · Dean Baquet & Joe Kahn: What's next for the New York Times?  —  Last week, after years of public speculation on the matter …
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch is considering cutting the revenue share for top creators in its partner program to 50%, from 70%, among other changes to boost its revenue  —  Twitch, the Amazon.com Inc.-owned live-streaming website, is weighing potential changes to how it pays top talent …
Mike Masnick / Techdirt:
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk  —  For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.
RELATED:
Lauren Feiner / CNBC:
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval
 
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 More News: 
Jennifer Maas / Variety:
GeekWire co-founder Jonathan Sposato launches JoySauce Network, an ad-supported, “American Asian”-focused multimedia platform
Discussion: GeekWire
Alex Barker / Financial Times:
Nordic streaming service Viaplay buys exclusive rights for up to 800 soccer games ahead of a UK launch in 2022; Viaplay has 4.8M subscribers across Europe
Ingrid Lunden / TechCrunch:
Mavrck, which connects ~5K marketers for 500 brands with 3M influencers, raises $135M, after raising $120M in December 2021, and acquires Linkin.bio maker Later
Sara Fischer / Axios:
The New York Times has doubled its Opinion staff to over 150 people since 2017, adding audio and graphics staff and beefing up copy-editing and fact-checking
 Earlier Picks: 
Marie Woolf / Canadian Press:
Rachel Curran, a Meta Canada policy manager, tells a parliamentary panel the company has “serious concerns” about an online news bill modeled on Australia's law
Tom Ambrose / The Guardian:
The Mail on Sunday editor rejects a meeting with the House of Commons speaker about a story saying Labour's Angela Rayner distracted Boris Johnson with her legs
Variety:
Sources: Warner Bros. Discovery cuts development of new TBS and TNT scripted shows; it's unclear what will happen to the current slate of scripted programming
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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