Mediagazer: Eater names Stephanie Wu as editor-in-chief, replacing founding editor Amanda Kludt, who in March became the publisher of Eater, Popsugar, Punch, and Thrillist (Eater)

9:55 PM ET, May 17, 2022

Top News:

Nicholas Confessore / New York Times:

Senator Chuck Schumer urges Rupert Murdoch to stop amplifying “replacement theory” on Fox News; Lachlan Murdoch said Tucker Carlson “decried” the theory in 2021 — Senator Chuck Schumer, Democrat of New York and the majority leader, urged Fox News owner Rupert Murdoch …

Brian Steinberg / Variety:

Sources: Disney will not accept ads about alcohol, politics, or rival studios on its cheaper ad-supported Disney+ tier, and will not show ads to young children — Not every marketer is likely to get its commercials on a new ad-supported version of Disney+.

Discussion: Too Much TV Newsletter, New York Post, @annehummert, CNET, SlashFilm, Protocol, IndieWire, The Wrap, Ad Age and MediaPost

Wall Street Journal:

Disney plans to carry four minutes of commercials per hour on Disney+'s ad-supported tier; Hulu has nearly eight, Peacock has five, and HBO Max will have four — Total ad load to be limited to four minutes an hour; preschool children won't see any ads — Walt Disney Co. DIS 2.69%▲ …

Discussion: Ad Age, ScreenRant, @patiencehaggin, The Verge, Engadget, TVLine, @tsoh_investing, TechCrunch, The Streamable, @richlightshed and @mulvihill79

Nellie Andreeva / Deadline:

Netflix cuts 150 jobs out of 11K across departments in a new round of layoffs, mostly in the US, as the company reins in costs amid slowing revenue growth — EXCLUSIVE: Layoffs are underway at Netflix today. About 150 positions out of the streamer's 11,000 workforce are being eliminated amid …

Joshua Benton / Nieman Lab:

An analysis of nine US local TV stations' top Facebook posts: 9.9% had a video, community stories were popular, sports posts performed below average, and more — In a typical American city, the local daily newspaper is the outlet producing the most news day after day.

Discussion: @kimwilson, @adriana_lacy, @mattnavarra, @niemanfdn and @spj_tweets

Aisha Malik / TechCrunch:

Apple debuts Apple Music Live, a concert livestreaming series for Apple Music subscribers starting with Harry Styles on May 20, but doesn't share other events — Apple is launching a new concert livestreaming series called “Apple Music Live” that will showcase performances from …

Discussion: Billboard, Engadget, Analytics, AppleInsider, MacRumors, 9to5Mac and Digital Music News

Sara Fischer / Axios:

Kevin Mayer's and Tom Staggs' Candle Media acquires ATTN:, a profitable digital content publisher focused on social change content, sources say for ~$150M — It gives Candle access to a brand that has expertise in reaching a younger, socially-active audience.

Discussion: The Wrap, @sarafischer, Variety, TechCrunch, @jtoonkel, @ashkan, @richlightshed, @candlemedia, @kevinmayer, Tubefilter, @tomstaggs, @mikehadgis, The Hollywood Reporter, Deadline and Realscreen

John Revill / Reuters:

Over 58% of Swiss voters back a law mandating that streaming services invest 4% of the revenue they make in Switzerland into domestic film production — Swiss voters on Sunday backed proposals to make global TV streaming services such as Netflix Inc (NFLX.O), Amazon (AMZN.O) and Disney …

Discussion: @dada_drummer, DW.COM, Pasaporte Electoral and Light Reading

Leichtman Research Group:

Research: the largest US pay TV providers lost ~1.95M net video subscribers in Q1 2022 and have ~74.1M subscribers; the top seven cable companies have ~40.5M — Durham, NH — May 17, 2022 — Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. …

Discussion: The Streamable and Light Reading

Tracey Tully / New York Times:

Great Point Studios is building a $100M studio in Newark with six large soundstages, another sign of New Jersey's emerging relevance in the film and TV industry — Lionsgate Newark will include six large soundstages. It's being built on the site of one of New Jersey's first public housing projects.

Discussion: @traceytully, @timsullivan510 and Media Play News

Darlene Superville / Associated Press:

A profile of White House Press Secretary Karine Jean-Pierre, the daughter of Haitian immigrants who worked for city council members, Obama, the ACLU, and MoveOn — WASHINGTON (AP) — Karine Jean-Pierre, the new White House press secretary, hopes she can inspire young people to …

Discussion: @ananavarro, @scrowder, @quinncy, Los Angeles Times, @dsupervilleap, The Guardian and WGN-TV

Ezra Marcus / New York Times:

An in-depth look at OnlyFans agencies, which manage hundreds of models' accounts and use teams of ghostwriters to privately message subscribers who pay to chat — Clever marketers have figured out how easy it is to simulate online intimacy at scale, ventriloquizing alluring models with cheap, offshore labor.

Discussion: @gustavoturnerx, @adrierising, @mistressmatisse, @sophiefkemp, @andyboxall, @angel_isab3lle, @liamstack, @nytimes, @tophcus, @pornoqueer, @kevinbaker, @justinhendrix, @veenadubal, @ashleylatke, @mikestabile and @ezra_marc, more at Techmeme »

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More News:

Eater:
Eater names Stephanie Wu as editor-in-chief, replacing founding editor Amanda Kludt, who in March became the publisher of Eater, Popsugar, Punch, and Thrillist

Discussion: @bystephwu, @kludt and @voxmedia

Dave Boucher / Detroit Free Press:
Michigan enacts laws requiring newspapers to post public notices online in a manner that is free for everyone; local governments pay for notices in print

Alexander Lee / Digiday:
Current and former staffers detail how Enthusiast Gaming gut esports news site Upcomer after acquiring it in 2021, laying off 11 of 26 full-time staff in March

Discussion: @apzonerunner, @owoathkeeper, @amandatnstevens, @goopyknoopy, @alexleewastaken and @jacobwolf

Jeremy Fuster / The Wrap:
SEC filing: in Q1, Warren Buffett acquired a $2.6B stake in Paramount via Berkshire Hathaway, his third stake in a streaming company along with Apple and Amazon

Discussion: Hollywood Reporter, Insider, MediaPost, @thewrap, @alexweprin, Variety, Associated Press, Variety, Deadline and Insider

Bill Curry / Globe and Mail:
Google says Canada's proposed Online News Act amounts to a “link tax” that would “break” its search engine; Google made similar claims against Australia's code

Discussion: @wturvill, Press Gazette, @bambinojalapeno, @bgrueskin, @jj_mccullough, @jason_kint, @dave1agar, @jason_kint, @newsceo, @vijayshekhar, @jason_kint, @bgrueskin, @jason_kint, Google, @jason_kint and Toronto Star

Earlier Picks:

Antoinette Siu / The Wrap:
BuzzFeed, which bought Complex Networks and HuffPost in 2021, reports Q1 revenue up 26% YoY to $91.6M and a net loss up 295% YoY to $44.6M; stock falls 10%+

Discussion: Digiday, Hollywood Reporter, TechCrunch, @katie_robertson, Benzinga, Dow Jones Newswires and BuzzFeed

Hanaa' Tameez / Nieman Lab:
Two fact-checking organizations, Argentina's Chequeado and Spain's Maldita.es, launch Factchequeado to address misinformation in Spanish-speaking US communities

Discussion: @marcela_elisa, @factchequeado, @spj_tweets, @nicolemfoy and @mallarytenore

Todd Spangler / Variety:
Snap head of originals Vanessa Guthrie plans to leave at the end of June 2022, to be replaced by Snap Originals production head Anjuli Millan

Discussion: Tubefilter

New York Times:
Paradise Media sells literary magazine The Believer to its original owner McSweeney's at a “meaningful” loss, after a fan backlash over clickbait content

From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions

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