Mediagazer: Money, the finance magazine that converted to digital-only in 2019, becomes the exclusive syndicated provider of finance news to McClatchy's 29 local outlets (Rick Edmonds/Poynter)

12:55 PM ET, July 28, 2022

Top News:

Sara Fischer / Axios:

Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …

Discussion: Wall Street Journal, @jamesrbuk, @zigmanfreud, @scottbrodbeck, @wickdchiq, @yoda, @davidfolkenflik, @mattbrownep, @amasna, @raph_bloch, @sarafischer and Columbia Journalism Review, more at Techmeme »

Alex Sherman / CNBC:

NBCU reports Q2 revenue of $9.4B, up 18.7% YoY, and adjusted EBITDA of $1.9B, up 19.5% YoY; Peacock had a $467M loss and subscribers stayed flat from Q1 at 13M — - Comcast's broadband subscribers were flat at 32.2 million for the quarter. The company said it lost 30,000 this month alone.

Discussion: Adweek, TechCrunch, Variety, The Wrap, The Streamable, @sherman4949, Deadline, Variety, Comcast Corporation, TechRadar, UPI, The Verge, Wall Street Journal and The Hollywood Reporter

Rebecca Rubin / Variety:

Warner Bros. Discovery hires Alan Horn as a consultant; he left Disney in 2021 after serving as chief creative officer and co-chairman of Walt Disney Studios — Disney's former chief creative officer Alan Horn is joining Warner Bros. Discovery. — Horn, who retired from Disney in 2021 …

Discussion: The Wrap and @loudmouthjulia

Abner Li / 9to5Google:

Google delays phasing out third-party cookies in Chrome to H2 2024, after deferring the plan from 2022 to 2023, citing the need for more Privacy Sandbox tests — Google was originally planning to get rid of third-party cookies in its browser by 2022, but that was later pushed back to 2023.

Discussion: Insider, The Keyword, Digiday, @campuscodi, TechRadar, The Register, @simonjharris, @johnwilander, @larakiara, Mumbrella, @aexm, @martinsfp, MediaPost, AdExchanger, The Verge, The Drum and StreetInsider.com, more at Techmeme »

Salvador Rodriguez / Wall Street Journal:

Meta reports its first-ever YoY quarterly revenue decline and issues a lowered Q3 forecast, citing a weak ad demand environment and macroeconomic uncertainty — Social-media giant missed Wall Street's sales expectation but added users—defying analysts' projections — The Tech Sector Is Taking a Beating.

Discussion: New York Times, Variety, BIG by Matt Stoller, Axios, @arpitrage, @levynews, @ryanbarwick, Transistori, Fortune, CNBC, New York Times, CNBC, Forbes and Protocol, more at Techmeme »

Peter Houston / Media Voices:

Interview with Medium's VP of Content, who says it is focused on highlighting experts and needs to figure out how to provide users with predictable growth — In our final episode of the season, we hear from Medium's VP of Content Scott Lamb. Scott leads the content and creator relations teams …

Discussion: @tvgrimreaper and What's New in Publishing

Sarah Blaskey / Miami Herald:

How Florida Power & Light bankrolled the Capitolist, which portrayed itself as a feisty independent outlet, to lobby on FPL's behalf — When Florida Power & Light faced a spate of bad publicity and political blowback, a small but ambitious news website called the Capitolist sprang to the public utility's defense.

Discussion: @bgrueskin, Occupy Democrats, Gizmodo and The Guardian

Jonathan M. Katz / The Racket:

A writer details how a podcast plagiarized his work, a widespread problem as demand for podcasts balloons while original reporting demands a lot of work — A podcast I'd never heard of before stole my work. I'm not alone. — A year ago, after half a decade of original research and reporting …

Discussion: @katzonearth, @chilluminatipod, @petersterne, @katzonearth, @jbouie, @chilluminatipod, @katzonearth, @sivavaid, @rottenindenmark, @jessecox, @mattnoahsmith, @samthielman, @carisadel, @katzonearth and @sivavaid

Naman Ramachandran / Variety:

ITV reports H1 2022 revenue rose 8% YoY to £1.67B, driven by ITV Studios, up 16% YoY to £927M; total ad revenue rose 5% YoY and digital ad revenue rose 20% YoY — U.K. broadcaster ITV's total external revenues are up 8% at £1.67 billion ($2.04 billion), according to half year financial results released on Thursday.

Discussion: Deadline, Variety, Deadline and The Hollywood Reporter

Paul Sawers / TechCrunch:

Filing: Spotify bought Findaway for €117M, Sonantic for €91M, and Chartable and Podsights for €83M, with a possible extra payment of €21M — Spotify has quietly announced how much it's paying for four of its recent acquisitions, revealing that it's doling out a combined €291 million …

more at Techmeme »

Laura Hazard Owen / Nieman Lab:

Institute for Nonprofit News: 65% of US nonprofit news site launches in 2021 were local; foundations remain the largest funding source for most outlets surveyed — Local news sites have accounted for 55% of all U.S. nonprofit news sites launched since 2017, and last year, 65% of launches were local …

Discussion: Poynter

Sara Fischer / Axios:

Source and memo: Vox Media lays off 39 people, or less than 2% of its 2,000+ staff, including some in editorial, and will slow hiring, amid economic uncertainty — Vox Media is laying off 39 people, less than 2% of its total staff of more than 2000, in an effort to get ahead of economic uncertainty …

Discussion: CNBC, The Rebooting, Talking Biz News, @oliverdarcy, @kylenabecker, @marisakabas, @sherman4949, @tvgrimreaper, @ewerickson, @heminator, @seanagnew, @jason_howerton, @sarafischer, @oliverdarcy, Discourse Blog, MediaPost and Variety

Archived Page Info:

This is a snapshot of Mediagazer at 12:55 PM ET, July 28, 2022.

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Who's Hiring in Media?

Output Producer, CA — AP

China Markets Correspondent, Shanghai — Reuters

Senior Assignment Editor, DC — WaPo

Breaking News Editor, Tokyo — Bloomberg

Senior Correspondent - Wealth, NY — WSJ

Reporter - Ottawa Bureau — Globe & Mail

Local Government Reporter, IA — The Gazette

Research Director, CA — OCBJ

Immigration Enforcement Reporter — Documented

Presque Island Reporter, ME — Bangor Daily News

Contributing Parks Ed. - SW, CA — SFGATE

AI Content Editor, WA — Outlier

Legislative Reporter, TN — Daily Memphian

Editorial Assistant, Remote US — Launch Potato

Elon Musk Reporter, NY or CA — The Information

Government & Politics Editor, WA — Seattle Times

Business & GA Reporter. VT — VTDigger

Sports Reporter, WA — Everett Herald

Energy Reporter, TX — Houston Chronicle

Senior Reporter, SC — Island Packet

Trade & Climate Correspondent, DC — FT

Reporter, WI — Racine County Eye

Political Newsletter Writer, CO — The Lever

Jackson Reporter, MS — Verite

Music Editor, AZ — Phoenix New Times

Breaking News Reporter, NV — Las Vegas Sun

Fearless Reporter/Producer, IA — BPC

Reporter II - Technology, Remote — NPR

Editor, Remote US — Daily Kos

City Reporter, WA — Tacoma News Tribune

Executive Editor, OR — Lookout Local

Education & Budget Reporter, CA — Politico

Senior Writer/Editor, FL — Gulfshore Business

Media Editor, Remote — Axios

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More News:

Jackson Richman / Mediaite:
After Turning Point USA sent a cease-and-desist to ABC News, The View apologizes for associating the youth group with neo-Nazis who protested outside its summit

Discussion: Decider, RADAR, Fox News and @johnrobertsfox

Rick Edmonds / Poynter:
Money, the finance magazine that converted to digital-only in 2019, becomes the exclusive syndicated provider of finance news to McClatchy's 29 local outlets

Discussion: American Press Institute

Martin Brunt / Sky News:
UK courts will allow TV cameras into criminal trials for the first time, but coverage must be time delayed and restricted to the judge handing down a sentence

Discussion: Press Gazette, Variety, The Sun, A Lawyer Writes, GOV.UK and The Guardian

The New York Times Company:
John Keefe, a senior data and visuals editor at CNN, joins The New York Times as its editor of weather data to lead a team focused on extreme weather coverage

Discussion: Poynter, @jkeefe, @emilywithrow, @jeffjarvis, @danieldrepper, @kleinmatic and Talking Biz News

Emma Roth / The Verge:
TikTok plans to give select researchers “public and anonymized data” from its platform and moderation system to “assess content and trends or conducts tests”

Discussion: @tiktokcomms, TikTok, Newslit Daily, @marklittlenews, @dfreelon, @phmai, @jimhansondc, @attorneynora, @brandonsilverm, @v_ness, @logandobson, Social Media Today, @joepcunningham, @senrubiopress, Insider, TechCrunch and Gizmodo, more at Techmeme »

Earlier Picks:

Taylor Lorenz / Taylor Lorenz's Newsletter:
Nostalgia for the “old”, chronological Instagram makes sense but belies changing norms around online sharing, communication, privacy, and engaging content

Discussion: @klingebeil, People vs Algorithms, Mascarpone, @alex, @caseynewton, @theurbanjuror, @rossreports, @boopfashionista, @rrroooiiirrr, @_zeets, @taylorlorenz, @taylorlorenz and @taylorlorenz

The Hollywood Reporter:
CEO Daniel Ek says Spotify plans to reduce the pace of hiring by 25%: “I do believe only the prepared survive, and we're preparing as if things could get worse”

Discussion: Axios, @kevinbrennanmp, Inside Radio, @dada_drummer, @sarafischer, Spotify, The Verge, Business Wire and Variety

Jim Waterson / The Guardian:
Source: the BBC is considering transferring employees who make public service radio programs and podcasts to its for-profit commercial division to retain talent

Discussion: @jimwaterson

Paul Farhi / Washington Post:
A profile of Governor Ron DeSantis' press secretary Christina Pushaw, who uses Twitter to attack journalists and mainstreamed the term “groomer” within the GOP

Jon Harris / Buffalo News:
The Buffalo News names Sheila Rayam as executive editor, the first Black journalist and the second woman to hold the position in the outlet's 142-year history

Discussion: @joespectorny, @sulliview, American Press Institute and Poynter

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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