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, CNBC, CNN, New York Times, @xpangler, @gergelyorosz, @kyurieff, Tubefilter, @alexeheath, @lucas_shaw, PR Daily, @sarafischer, @sarafischer, @obrien, TechCrunch, Observer, IndieWire, Ad Age, Billboard, Associated Press, CNET, Los Angeles Times, The Hill, Forbes, TechCrunch, Deadline, Bloomberg, Wall Street Journal and Axios, more at Techmeme »
RELATED:
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
Discussion:
Ad Age, Variety, MediaPost, PRWeek, Media Play News, Fast Company, Gizmodo, @joannastern, @akruglov, Boing Boing, Digital TV Europe, @editorialiste, @alexeheath, @pkafka, @richlightshed, @tkawaja, @pierce, Transistori, Wall Street Journal, Next TV, Deadline, Slashdot and The Verge
Wall Street Journal:
Sources: Disney explores a membership program akin to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding a commerce feature to Disney+ — Entertainment giant looks to package streaming, parks and merchandise offerings together; aims to add commerce feature to Disney+
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 …
Suzanne Vranica / Wall Street Journal:
Sources: Netflix seeks to charge brands a ~$65 CPM on its ad-supported tier, more than most other streaming services, and cap every brand's annual spend at $20M — Streaming giant aims for Nov. 1 launch of ad-supported tier, ad buyers say — Netflix Inc. NFLX 1.32%▲ …
Angela Fu / Poynter:
Sources: in a staff Q&A, CEO Mike Reed said Gannett laid off 3% of its US workforce in August 2022, or ~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 …
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, MediaPost, Awful Announcing, The Desk, The A.V. Club, @redletterdave, @xpangler, Media Play News, Collider, The Streamable, Forbes, CBR, The Wrap, TVLine, The Verge, Decider, The Hollywood Reporter 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, @waxy, @bcmerchant, @oneunderscore__, @mariaramirezny, @martinsfp, The Official Medium Blog and Platformer
Jem Aswad / Variety:
US music publishers settle on 15.35% for mechanical streaming rates in 2023-2027, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify — The announcement comes as a surprise, as the NMPA has been saying for months that it would push for a 20% rate for the forthcoming period.
Manyun Zou / The Pudding:
A comparison of The Big Bang Theory episodes to censored ones in China suggests the government aims to silence sex and LGBTQ+ topics plus disrespect of China — With , Russell Goldenberg and Rob Smith — This story contains scroll-driven visuals. View them in static format on off
Discussion:
@shortformernie, @gertig, @sonnybunch, @manyun_zou and Numlock News
Kerry Flynn / Axios:
BuzzFeed is licensing its name to retail airport stores; two opened in LaGuardia Airport in June 2022, 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:
@davezatz, @abeaujon, @delia_cai, @adrianhon and @kerrymflynn
ProPublica:
An investigation details an Instagram verification scheme using fake profiles on Spotify, Apple Music, Deezer, and more; Meta removes badges from 300+ accounts — ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they're published.
Discussion:
@craigsilverman, @craigsilverman, @phil_lewis_ and @rafranzdavis, more at Techmeme »
Bron Maher / Press Gazette:
Just 18 months after launching The National Wales, Newsquest shutters it, citing “competition from free news outlets” and falling subscriptions due to inflation — Newsquest is closing its news website for Wales, The National, 18 months after it launched.
Accounting Specialist Editor, Remote US — 
Senior Correspondent - Wealth, NY — 
Asia Credit Reporter, Seoul — 
Senior Editor, DC — 
Sr. Social Media Specialist, NC — 
Associate Editor - Aviation, TN — 
Assistant Editor - Digital, NC — 
Video Producer - YouTube, NY — 
Senior Managing Ed. - Daily Desk — 
Content Managing Editor — 
Editor, MA — 
Team Editor - Breaking News, ON — 
Senior Reporter & Event Host, NY/CA — 
Associate Editor, Remote — 
Retail Reporter, MN — 
Senior Data Editor, DC — 
Managing Ed. - Berks County, PA — 
News Editor - UK, Remote — 
Staff Writer, TX — 
Multimedia Journalist, PA — 
Service Journalism Editor, CA — 
Content Director, Remote — 
Sports Reporter, ME — 
Los Angeles Issues Reporter, CA — 
Reporter - Middle East — 
Executive Editor, OR — 
California Playbook Writer, CA — 
Senior Media Editor — 
National Investigative Reporter, NY — 
Lexington County Reporter, SC — 
Reporter - Offshore Wind — 
General Assignment Reporter, FL — 
Staff Reporter, CA — 
Data Editor, NY — 
