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, Observer, Ad Age, Billboard, CNBC, CNN, CNET, TechCrunch, New York Times, Associated Press, Forbes, Deadline, Wall Street Journal, Axios, Gizmodo, @xpangler, @kyurieff, @lucas_shaw, @sarafischer, @sarafischer, Footwear News, 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, PRWeek, Variety, MediaPost, Fast Company, Axios, Gizmodo, @akruglov, Digital TV Europe, Media Play News, @joannastern, @editorialiste, @alexeheath, @pkafka, @richlightshed, @tkawaja, Boing Boing, Transistori, Wall Street Journal, Next TV, Deadline, The Verge and Slashdot, more at Techmeme »
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, TechCrunch, The Streamable, Forbes, The Wrap, Collider, The Verge, CBR, @xpangler, AppleInsider, @redletterdave, TVLine, Decider and The Hollywood Reporter
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, @katie_robertson, American Press Institute, Axios, MediaPost, @rmac18, @maxkennerly, @mmasnick, Columbia Journalism Review, @emilybell, Poynter, @kerrymflynn, Media Nation, @jamesrbuk, @emilybell, @felixsalmon, @felixsalmon, @amandabecker, @alexjamesfitz, @will_bunch, @transscribe, @robertmackey, @emilybell, @felixsalmon, @smitadeshmukh, @libbycwatson, @dansinker, @alexmcdaniel, @rafat, @mattdpearce, @pilhofer, @kemettler, @phillipspobrien, @glcarlstrom, @frances_coppola, @jayrosen_nyu, @gbrockell, @thrasherxy, @danprimack, @brianboyer, @emmacarew, @peterwsinger, Fox News, @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, Very Serious, 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, @joshsteimle and PenguinRandomhouse.com
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, Press Gazette, @hgvandepeer, @photolinepic, @royalreporter, @janerockhouse, @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
Ivan Mehta / TechCrunch:
Live Nation's Ticketmaster partners with Dapper Labs to issue ticket NFTs on the Flow blockchain and expands its NFL deal to give NFTs to attendees of 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 »
Dan Kennedy / Media Nation:
Internal memo: Boston Globe Media plans to add a sports betting section to its free Boston.com site in partnership with sports betting company Better Collective — Boston Globe Media is going into the sports-betting business, announcing a partnership with an outfit called Better Collective.
Julian Borger / The Guardian:
A new book says the NSA asked GCHQ to stop The Guardian from publishing Edward Snowden's leaks 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:
@iainthomson, @arusbridger and @fabiochiusi
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, @oneunderscore__, @bcmerchant, @waxy, The Official Medium Blog, @martinsfp, @mariaramirezny and Platformer
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, @s_m_i, @mattlech, @notd_io, @dangillmor, @kateclarktweets, @amir, @karlbode, @kyurieff, @simonowens and @emilybell
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