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:
Snap Newsroom, Variety, TechCrunch, CNBC, CNN, Observer, New York Times, @obrien, IndieWire, Ad Age, CBS News, Gizmodo, @xpangler, @gergelyorosz, Deadline, @kyurieff, Tubefilter, Forbes, CNET, @alexeheath, Axios, @lucas_shaw, TechCrunch, @sarafischer, @sarafischer, Wall Street Journal, Billboard and The Hill, 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, Variety, PRWeek, Gizmodo, Digital TV Europe, Media Play News, Fast Company, MediaPost, @joannastern, @akruglov, @editorialiste, @alexeheath, @pkafka, @richlightshed, Boing Boing, @tkawaja, @pierce, Transistori, Wall Street Journal, Next TV, Deadline, Slashdot and The Verge
David Bauder / Associated Press:
Media Insight Project's May-June 2022 survey: ~71% of younger Americans get news daily from social media and 32% enjoy following the news, down from 53% in 2015 — Young people are following the news but aren't too happy with what they're seeing. Broadly speaking, that's the conclusion …
Discussion:
Fast Company, AP-NORC, @ryp__, @tomwferguson2, @amandacbright, @ryp__, @froomkin, Media Insight Project, @mlcalderone, @froomkin, @froomkin, @ap, @jeffnesbit, Reason, @ap, @ap, @marklittlenews and American Press Institute
Wall Street Journal:
Sources: Disney explores a membership program similar to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding commerce features to Disney+ — Entertainment giant looks to package streaming, parks and merchandise offerings together; aims to add commerce feature to Disney+
Discussion:
The Streamable, Insider, @asharma, Reuters, @peterschorschfl, @awolk, @davezatz, @skiswm, @mattnavarra, @profgalloway, @ednever, @bullandbaird and @frankpallotta
Dade Hayes / Deadline:
Paramount+ plans to combine with Showtime into a single app for $11.99/month with ads and $14.99/month without; stand-alone Showtime will cost $10.99/month — Paramount+ and Showtime have combined into a single streaming app. — The full bundling follows an initial move last year to unify …
Discussion:
Variety, Awful Announcing, TechCrunch, Forbes, The Streamable, The A.V. Club, The Verge, The Hollywood Reporter, Decider, @redletterdave, @xpangler, CBR, The Wrap, TVLine, Collider and AppleInsider
Casey Newton / Nieman Lab:
An interview with Medium CEO Tony Stubblebine: writers with subscribers should be paid more and thinking “Medium was going to shine” in journalism was a mistake — Sometimes as a reporter you write a piece that is critical of a company and the company decides not to talk to you again for a long while, or ever again.
Discussion:
@caseynewton, The Official Medium Blog, @martinsfp, @waxy, @bcmerchant, @oneunderscore__, @mariaramirezny and Platformer
Suzanne Vranica / Wall Street Journal:
Sources: Netflix seeks to charge brands ~$65 for 1,000 viewers on its ad-supported tier, more than most other services, with an annual $20M brand spending cap — Streaming giant aims for Nov. 1 launch of ad-supported tier, ad buyers say — Netflix Inc. NFLX 1.32%▲ …
Discussion:
Digiday and @asharma, more at Techmeme »
Kerry Flynn / Axios:
BuzzFeed is licensing its name to retail airport stores, with two spotted at LaGuardia Airport, selling beverages, snacks, magazines, and souvenirs — Exit Content Preview — BuzzFeed, Inc. is entertaining airport travelers not just via its own smartphones but also IRL with new retail stores.
Discussion:
@abeaujon, @delia_cai, @davezatz and @kerrymflynn
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:
@bridgeinit, @muslimadvocates, @jason_kint, @bradstone, @daveyalba, @fightextremism, @alexbarinka, @joshsteimle and PenguinRandomhouse.com
Angela Fu / Poynter:
Sources: in a staff Q&A, CEO Mike Reed said Gannett laid off 3% of its US workforce in August, or about 400 people; he and the CFO defended Reed's compensation — The round of layoffs, which started Aug. 12, followed a dismal second quarter. — Gannett CEO Mike Reed told staff …
Discussion:
@brianmmunoz, @reporterdavidj, @margaretrenkl, @arthurdelaneyhp, @mattsebastian, @kelciemmorris, @indyemapolis and @taylorgoebel
Jim Waterson / The Guardian:
As Reach journalists join the UK's largest newspaper strike in decades, some describe struggling to pay their own bills as they cover the cost-of-living crisis — Industrial action expected on Wednesday is largest strike to hit UK newspaper industry in decades
Discussion:
BBC, @hgvandepeer, @photolinepic, @royalreporter, @janerockhouse, Press Gazette, @jimwaterson, @jenwilliamsmen and Press Gazette
Alan Yuhas / New York Times:
Amid growing outrage, Bell Media CEO Mirko Bibic denies that “age, gender, or gray hair” were factors in dismissing veteran CTV News journalist Lisa LaFlamme — The chief executive of a Canadian news network pushed back against allegations that sex, age or gray hair were factors …
Discussion:
@danbilefsky, @nickkristof, @charlesadler, @michellemanafy, B&T, Columbia Journalism Review and Boing Boing
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