Top News:
Mia Sato / The Verge:
How BuzzFeed built a media empire by repackaging content from social media sites like Reddit and Tumblr, a strategy now less effective as it is no longer unique — BuzzFeed built a digital media empire in part by aggregating viral content from social media. A decade later, what's next?
Discussion:
@film_girl, @cormac_mccafe, @dalrymple, @miarsato, @petersterne, @matthewkeyslive, @tomgara, @summeranne, @sarahjeong, @reckless, @bradesposito and @blackamazon
Mathew Ingram / Columbia Journalism Review:
About 45 Mastodon servers out of ~12K block journa.host, a server for journalists, as reporters move with Twitter habits like “mining social media for fodder” — Ever since Elon Musk completed his $45 billion takeover of Twitter last month, there has been a steady stream of users …
Mark Stenberg / Adweek:
Internal memo: Outside Media, which publishes magazines including Outside, Backpacker, Climbing, and Ski, lays off 12% of its staff, after a 15% cut in May 2022 — The publisher cited economic headwinds as the rationale for the cuts — Lifestyle media company Outside Media …
Discussion:
@irosarioc and Here & There
Alex Weprin / The Hollywood Reporter:
Amid an advertising downturn and lower linear viewership, CNN, ABC News, CBS News, and other networks are asking staff to trim costs, find savings, and more — As CNN, ABC News and others grapple with an advertising downturn and lower linear viewership, the new mandate is to trim costs …
Discussion:
Variety, @joeconchatv, The Desk, @rossgarber, @michaelsocolow, @alexweprin, @themediaisdying, @tvgrimreaper and @alexweprin
RELATED:
Alex Weprin / The Hollywood Reporter:
Filing: Roku plans to reduce its workforce by about 5%, representing roughly 200 jobs, in Q4 and into Q1 of 2023 — The cuts represent about 5 percent of the company's workforce.
Elizabeth A. Harris / New York Times:
Princeton professor Imani Perry wins the nonfiction National Book Award for South to America: a Journey Below the Mason-Dixon to Understand the Soul of a Nation — Tess Gunty received the fiction prize for her debut, “The Rabbit Hutch.” Art Spiegelman, the author of “Maus,” received a lifetime achievement award.
Discussion:
@mollyjongfast, The Guardian, Nieman Storyboard, @ericabuddington, Bloomberg, Los Angeles Times and The Atlantic
Ben Mullin / @benmullin:
Internal memo: Vice Media CEO Nancy Dubuc tells staff the company's goal is to “reduce our cost structure by up to 15%” as management finalizes the 2023 budget — NEW: Vice Media CEO Nancy Dubuc emails staff that the company is reducing its costs by up to 15%. https://twitter.com/...
Discussion:
@jason_kint, @mrwillhayward, @williamturton, @viceunion and Barrett Media
Max Tani / @maxwelltani:
Internal email: Morning Brew CEO Austin Rief says the outlet plans to lay off 14% of staff due to economic “uncertainty” among its current advertisers — Morning Brew is laying off 14% of its staff, per an internal email this morning. CEO Austin Rief says the cuts are due to “a lot of fear and uncertainty” in the economy which is spooking advertisers. https://twitter.com/...
Peter White / Deadline:
Apple plans to launch its Major League Soccer Season Pass on February 1 for $15/month or $99/season and $13/month or $79/season for Apple TV+ subscribers — Apple has unveiled more plans for its launch of Major League Soccer (MLS). — The streamer has revealed the pricing and launch details …
Dade Hayes / Deadline:
Sources: Paramount begins layoffs largely concentrated in its ad sales group and expected to affect fewer than 100 employees — EXCLUSIVE: Layoffs are under way at Paramount Global, with several dozen employees expected to formalize their departures today, insiders have confirmed to Deadline.
Financial Times:
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring — Social network will allow content creators to sell merchandise directly to their viewers — Content creators on OnlyFans will be able to sell merchandise directly to their viewers …
Discussion:
@cristinacriddle and Insider, more at Techmeme »
Matthew Keys / Radio Ink:
NPR News plans to open a Kiev bureau led by international correspondent Joanna Kakissis for more “consistency and depth” in covering the Ukraine-Russia conflict — NPR News says it will open a bureau in Kiev, Ukraine that will help the news organization better cover the conflict there.
Discussion:
NPR, @elbeardsley, @nancycbarnes, @emilyzfeng, @marklowen and Current, Thanks:@matthewkeyslive
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