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9:30 PM ET, June 10, 2022

Mediagazer

 Top News: 
Wall Street Journal:
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ  —  Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
John Koblin / New York Times:
Nielsen ratings: 20M+ people watched the first prime-time hearing of the January 6 investigation; Fox News' counterprogramming drew a 3M average, about normal  —  The number, which will grow as the count adds more networks, is in the ballpark of big television events like a “Sunday Night Football” game.
RELATED:
Mike Calia / CNBC:
Fired Fox News political editor Chris Stirewalt, who Donald Trump criticized for calling Arizona for Biden, is testifying Monday before the January 6 committee  —  - Former Fox News political editor Chris Stirewalt, who was fired by the cable network last year, said he will testify Monday …
David Zurawik / CNN:
Comparisons between Thursday's January 6 hearings and those for Watergate or Army-McCarthy are misplaced given today's fragmented, on-demand, siloed media
Oliver Darcy / CNN:
Sources: The Washington Post fired Felicia Sonmez, the reporter who has recently been extraordinarily critical of her colleagues and the newspaper's leadership  —  New York CNN Business —  The Washington Post on Thursday fired Felicia Sonmez, the reporter who has been extraordinarily critical …
Hamish McKenzie / Disjointed:
A Substack co-founder reflects on keeping the promises of free tools and writers' ownership of their content and mailing lists, even if it means they leave  —  Reflections on a relationship with a writer who loved and then fell out of love with Substack  —  In the summer of 2018 …
RELATED:
Lulu Cheng Meservey / @lulumeservey:
[Thread] Substack VP slammed a Wired piece stating Substack “actively recruits and pays extremists” and the author's refusal to correct; Wired removes the claim
Bloomberg:
Sources: Amazon plans to withdraw bidding for Indian Premier League cricket streaming rights, estimated to fetch an unprecedented $7.7B at a June 12 auction  —  Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches …
Bobby Allyn / NPR:
Check My Ads, a nonprofit aiming to defund disinformation by pressuring online ad exchanges, announces a campaign against Fox News' website and YouTube channel  —  A nonprofit aiming to defund disinformation online that has taken money out of the pockets of several prominent far-right websites …
Erik Wemple / Washington Post:
Sources: The Washington Post features staff asked editors if a deputy features editor lost a promotion for inserting an erroneous line in a Taylor Lorenz story  —  UPDATE: The fallout from the Lorenz story continues: On Thursday, members of The Post's features staff held a meeting …
Gabriel Stargardter / Reuters:
Sources: Brazilian police investigating a British freelance journalist's disappearance in the Amazon are focusing on people tied to illegal fishing and poaching  —  Brazilian police investigating the disappearance of a British journalist and an indigenous expert in the Amazon rainforest …
 
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 More News: 
Todd Spangler / Variety:
Netflix's stock fell 5.1% and Roku's stock dropped 10.46% on Friday, erasing gains from earlier in the week driven by a rumor that Netflix wants to acquire Roku
Sara Guaglione / Digiday:
Time and Time Studios COO Ian Orefice: Time's events business is on pace to bring in $10M+, a first, in 2022 revenue and projected to grow 20%-30% in 2023
Molly Olmstead / Slate:
A look at EWTN, a Catholic media outlet that claims to reach nearly 400M households and whose news coverage over the past decade has started to mimic Fox News
Ben Hunte / VICE:
Two trans freelancers pull out of their commissions to write pieces for The Guardian's Pride special coverage over its “ingrained prejudice against trans women”
Brooks Barnes / New York Times:
Sources: Disney fires Peter Rice, its head of TV content; Disney confirms Rice's top lieutenant, Dana Walden, will succeed him
 Earlier Picks: 
New York Times:
Warner Bros. Discovery names Luis Silberwasser as its global sports chief, responsible for NBA talks at a time when the value of live sports rights is soaring
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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