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5:35 PM ET, August 31, 2022

Mediagazer

 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 …
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  —  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 …
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 …
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+
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 …
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.
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: @davezatz
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.
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
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 …
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.
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.
 
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 More News: 
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
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
 Earlier Picks: 
Charlotte Klein / Vanity Fair:
An interview with The New York Times' Astead Herndon on his upcoming podcast The Run-Up, which aims to cover the US midterms focusing on ideas over news scoops
Jordan Middler / Video Games Chronicle:
Meta plans to shutter the Facebook Gaming app on iOS and Android on October 28, 2022, transferring games, content, and groups to the main Facebook app
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