Top News:
Alex Heath / The Verge:
Memo: on top of cutting ~20% of its staff, Snap cancels its original shows, in-app games, and Zenly and Voisey apps; the layoffs could save $500M annually — Snapchat's original shows, in-app games, and camera drone are no more — Snap is laying off around 20 percent of its more than 6,400 employees …
Discussion:
Variety, TechCrunch, New York Times, Forbes, @kyurieff, @xpangler, Deadline, @lucas_shaw, Axios, CNBC, Wall Street Journal, @sarafischer, @sarafischer, New York Post and The Wrap, more at Techmeme »
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Alex Heath / The Verge:
Netflix hires two Snap executives to lead its ad-supported tier: Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor — Snap's VP of ad sales is also leaving for Netflix — Netflix has found an executive to lead its plan for an ad-supported tier …
Discussion:
Ad Age, MediaPost, Variety, Fast Company, Axios, Media Play News, The Verge, Boing Boing, Gizmodo, @pkafka, @editorialiste, @akruglov, Digital TV Europe, @joannastern, @richlightshed, @tkawaja, @alexeheath, @pierce, Wall Street Journal, Next TV, Deadline, Transistori and Slashdot, more at Techmeme »
New York Times:
Sources: The Washington Post is on track to lose money in 2022 after years of profitability, and CEO Fred Ryan floated cutting 100 jobs; WaPo denies staff cuts — With digital subscriptions and digital advertising revenue stagnating, the company is on pace to lose money this year.
Discussion:
@brendanogrady, @katie_robertson, @benmullin, American Press Institute, @katie_robertson, Axios, MediaPost, Media Nation, @kerrymflynn, @rmac18, @mattdpearce, Poynter, @kemettler, @maxkennerly, @mmasnick, Columbia Journalism Review, @emilybell, Fox News, @jamesrbuk, @libbycwatson, @emilybell, @felixsalmon, @pilhofer, @felixsalmon, @dansinker, @amandabecker, @alexjamesfitz, @will_bunch, @alexmcdaniel, @transscribe, @robertmackey, @emilybell, @rafat, @felixsalmon, @smitadeshmukh, @jayrosen_nyu, @phillipspobrien, @glcarlstrom, @frances_coppola, @gbrockell, @thrasherxy, @danprimack, @brianboyer, @emmacarew, @peterwsinger, Very Serious, @brianvastag, @sarahkaplan48, @bendreyfuss, @jfk_america, @tessaduvall, @brian_callaci, @jm_mcgrath, @brianmfloyd, @mattscalici, @eockerman, @wesleylowery, @bdomenech, @moorehn, @loudmouthjulia, @jamesrbuk, @samthielman, @edzitron, @tvgrimreaper, @benedictevans, @benedictevans, @bigblackjacobin, @crecenteb, @benmullin, @dnvolz, @natemcdermott, @janefriedman, @dylanmatt, @epicciuto, @semaforben, @rohitkachrooitv, @tenreirodaniel, @stevenjcbuckley, @jaspar, @pkafka, @zerohedge, @kimmasters, @benmullin, @joshschwerin, @abeaujon, New York Post, The Wrap, Mediaite, Just The News and Barrett Media
Mark Bergen / Bloomberg:
A book excerpt details YouTube's efforts to remove Islamic extremist content and how the platform mostly failed to address other forms of political extremism — Unlike many of her colleagues at YouTube, Tala Bardan doesn't remember the company retreat in June 2017 as a nice long weekend.
Discussion:
@bradstone, @daveyalba, @fightextremism, @alexbarinka, @bridgeinit and @joshsteimle
Jim Waterson / The Guardian:
As Reach journalists join the UK's largest newspaper strike in decades, some describe struggling to pay their bills amid the cost of living crisis — Industrial action expected on Wednesday is largest strike to hit UK newspaper industry in decades — hen hundreds of staff at the Mirror …
Discussion:
Press Gazette, BBC, Press Gazette, @photolinepic, @hgvandepeer, @royalreporter, @janerockhouse, @jimwaterson and @jenwilliamsmen
Kaya Yurieff / The Information:
Substack reining in writer cash advances and other benefits like health care shows a broader cutback by tech companies, after a two-year battle to lure creators — Substack shook up traditional media last year, offering six-figure cash advances and benefits including healthcare to recruit writers …
Discussion:
@mintroyale, @emilybell, @mattlech, @s_m_i, @simonowens, @dangillmor, @karlbode, @kateclarktweets, @kyurieff, @notd_io and @amir
Alan Yuhas / New York Times:
Amid growing outrage, Bell Media CEO Mirko Bibic denies that gender, age, or gray hair were factors in dismissing veteran CTV journalist Lisa LaFlamme — The chief executive of a Canadian news network pushed back against allegations that sex, age or gray hair were factors in the abrupt dismissal …
Discussion:
@danbilefsky, @nickkristof, @charlesadler, @michellemanafy, B&T, Columbia Journalism Review and Boing Boing
Dade Hayes / Deadline:
Paramount+ will combine with Showtime into a single app costing $11.99 per month with ads and $14.99 without; stand-alone Showtime app will cost $10.99/month — Paramount+ and Showtime are combining into a single streaming app. — The bundle rollout follows an initial move last year …
Discussion:
Variety, TechCrunch, The Streamable, The Verge, TVLine, Decider and The Hollywood Reporter
Ivan Mehta / TechCrunch:
Live Nation's Ticketmaster partners with Dapper Labs to release ticket NFTs on the Flow blockchain and expands its NFL partnership for NFTs to 100 games — Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs.
Discussion:
Billboard, CoinDesk and @yoda, more at Techmeme »
Bron Maher / Press Gazette:
Just 18 months after debuting The National Wales, Newsquest shutters it, citing competition from free outlets and rising inflation weakening subscription demand — Newsquest is closing its news website for Wales, The National, 18 months after it launched. — Its regional editor said the site …
Julian Borger / The Guardian:
A new book says the NSA asked GCHQ to stop The Guardian publishing Edward Snowden's revelations about secret mass data collection, but GCHQ rebuffed the request — Head of GCHQ rebuffed late-night request from National Security Agency amid strained relations in Five Eyes intelligence coalition
Discussion:
@fabiochiusi
Todd Spangler / Variety:
Samsung announces more content from partners for its ad-supported TV Plus service, adding shows like the BBC's Top Gear and touting local news in 40+ US markets — It's the start of a new chapter for Samsung TV Plus, TV manufacturer's free ad-supported TV (FAST) and video on-demand service …
Discussion:
The Streamable, Axios, Samsung Newsroom, Digital TV Europe, MediaPost, Media Play News, Next TV and Deadline
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