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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, Snap Newsroom, Ad Age, Billboard, CNBC, CNN, CNET, TechCrunch, Associated Press, New York Times, Forbes, Deadline, Wall Street Journal, Axios, Gizmodo, @xpangler, @kyurieff, @lucas_shaw, @sarafischer, @sarafischer, Footwear News and New York Post, more at Techmeme »
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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 »


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 have combined into a single streaming app. — The full bundling follows an initial move last year …
Discussion:
Variety, TechCrunch, The Streamable, Forbes, The Wrap, Collider, The Verge, CBR, @xpangler, @redletterdave, AppleInsider, TVLine, Decider and The Hollywood Reporter


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


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, @rmac18, @maxkennerly, @mmasnick, Columbia Journalism Review, @emilybell, Poynter, @kerrymflynn, Media Nation, @jamesrbuk, @libbycwatson, @emilybell, @felixsalmon, @felixsalmon, @dansinker, @amandabecker, @alexjamesfitz, @will_bunch, @alexmcdaniel, @transscribe, @robertmackey, @emilybell, @felixsalmon, @smitadeshmukh, @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


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:
BBC, Press Gazette, @hgvandepeer, @photolinepic, @royalreporter, @janerockhouse, @jimwaterson, @jenwilliamsmen and Press Gazette


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


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 »


Internal memo: Boston Globe Media will 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.


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:
@iainthomson, @arusbridger and @fabiochiusi


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


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 …