Top News:
J. Clara Chan / The Hollywood Reporter:
Source: Netflix laid off at least 10 full-time people Thursday from the editorial unit in its marketing division, which just launched fan site Tudum in December — At least 10 full-time staff working under the editorial division were laid off on Thursday, a source says.
Discussion:
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Natalia Antelava / Coda Story:
Dozens of local newsrooms in Ukraine say they face drops in revenue and audience on Facebook and Instagram, as Meta broadly applies its disinformation tools — Valerii Garmash, a 42-year-old Ukrainian coder and entrepreneur, remembers the devastation Russians left behind in Slovyansk …
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New York Times:
G/O Media acquires Quartz for an undisclosed price; Quartz CEO and co-founder Zach Seward will stay on at the company as Quartz's EIC and general manager — The deal is the latest in a wave of consolidation among digital publishers. — G/O Media, the owner of websites that once belonged …
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Financial Times:
In an email, Twitter reassures advertisers it will remain a safe place for brands after Elon Musk's takeover, as advocacy groups predict more toxicity and abuse — Campaigners and car manufacturers among groups to express concern over Tesla chief's $44bn takeover
Discussion:
Mumbrella, The Verge, @tim, Risk Rituals, @kantrowitz, TechCrunch, @scalzi, AdExchanger, Protocol, Ad Age and Insider, more at Techmeme »
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Lauren Feiner / CNBC:
Twitter reports Q1 revenue of $1.2B, up 16% YoY, vs. $1.23B est., net income of $513M, and 229M mDAUs; Twitter says it won't offer guidance pending Musk's deal — - Twitter reported earnings for the first quarter of 2022. — It could be one of its last as a public company after its board agreed …
Discussion:
Variety, The Verge, Gizmodo, Breitbart, CNET, @sarafischer, @boo, PRWeek, @dougbrodman, @reckless, @flytip, @joef, @kantrowitz, @pkafka, @harrymccracken, Al Jazeera, @jpmaheu, Daily Herald, The Wrap and PR Newswire, more at Techmeme »
Washington Post:
Some US officials, including the LA County sheriff, increasingly use power to attack or threaten journalists, sending intimidating messages to all media — A California sheriff's targeting of a reporter is the latest instance of authorities misusing power. ‘These are steps toward autocracy,’ says one press freedom advocate.
Todd Spangler / Variety:
Roku reports Q1 revenue up 28% YoY to $734M, 1.4B streaming hours added to reach 20.9B, up 14% YoY, and 1.1M active accounts added to reach 61.3M, up 14% YoY — Streaming platform Roku saw revenue and user growth cool down in the first three months of 2022, as the company missed Wall Street expectations on the top and bottom lines.
Discussion:
Next TV, The Wrap, Media Play News, Barron's Online, @variety and Roku, more at Techmeme »
Annie Palmer / CNBC:
Amazon reports Q1 advertising services revenue grew 23% YoY to $7.88B vs $8.17B est., and subscription services grew 11% to $8.4B — - Amazon shares fell in extended trading on Thursday after the company gave a revenue forecast that trailed analysts' estimates.
Wall Street Journal:
Netflix's quest to grow its Asian market faces formidable challenges, including competition from local services, viewers' preference for local content, and more — The competition is cutthroat across Asia, the world's key streaming battleground, with a crowded field of foreign and local services
Michelle Ruiz / Vogue:
A look at the diverse group of female correspondents reporting from Ukraine, often with an in-depth, empathetic emphasis on civilian life — Isobel Yeung has maintained her composure while reporting on atrocities that some people can hardly stomach. As a Vice News correspondent …
Discussion:
@asmamk, @lynseyaddario and @leilafadel
Lauren Forristal / TechCrunch:
Sensor Tower: HBO Max had a 21% US download market share for Q1 2022, ahead of Disney+'s 17% and Netflix's 15%; Peacock, Hulu, and Prime Video had at least 10% — Sensor Tower's “Q1 2022: Store Intelligence Data Digest” report saw HBO Max as a top contender for the most downloaded apps …
Aisha Malik / TechCrunch:
Snap partners with Live Nation to launch AR experiences built into concerts and festivals, starting with the Electric Daisy Carnival in Las Vegas in May — Snap is partnering with Live Nation to enhance the experience of going to concerts and festivals via its AR technology.
Discussion:
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