Top News:
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, The Desk, @michaelsocolow, @tvgrimreaper, @joeconchatv, @rossgarber, New York Post, @alexweprin, @alexweprin and @themediaisdying
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Lesley Goldberg / The Hollywood Reporter:
CBS Entertainment President Kelly Kahl plans to step down after 26 years at the network as part of the company's “restructuring and streamlining of leadership” — The entertainment president is out as part of a “streamlining of leadership” at the company. — Another broadcast network president is out.
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
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:
@williamturton, @jason_kint, @mrwillhayward and @viceunion
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 …
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 …
Donie O'Sullivan / CNN:
Meta reminds Facebook fact-checking partners that “political speech is ineligible for fact-checking”, ahead of Trump's announcement of a 2024 run for president — Facebook's fact-checkers will need to stop fact-checking former President Donald Trump if he announces that he is running …
Discussion:
@donie, Insider, Media Matters for America, @mollywood, New York Post, Gizmodo, @nameshiv, @mathiasverraes, Shelly Palmer, @fbajak, @normornstein, @donmoyn, @devindra, @themocollins, @violetblue, @ashtonpittman, @reichlinmelnick, @qjurecic, @jilliancyork, @mattnegrin, @jonathanlack, @grahamstarr, @crewcrew, @edbott, @tseymat, @sifill_, @donie, @donie, @donie, @dangillmor, @fmanjoo, @emilybell, @jason_kint, The Wrap and Mediaite
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:
Bloomberg, Los Angeles Times, The Atlantic and @ericabuddington
Ray Schultz / MediaPost:
US survey: 53% of digital publication subscribers aged 18 to 64 canceled at least one subscription in H1 2022 and 29% plan to reduce subscriptions by year's end — Readers are pruning the number of digital publications they subscribe to, according to a new study by Toolkits and National Research Group.
Matthew Keys / Radio Ink:
NPR News says it plans to open a bureau in Kiev, led by NPR international correspondent Joanna Kakissis, to better cover 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
Jez Walters / What's New in Publishing:
An interview with The Washington Post Chief Revenue Officer Joy Robins on raising monthly subscription prices, micropayments, the ad market in 2023, and more — Now in her third year at The Washington Post, following five years at Quartz, Joy Robins oversees a team of more than 300 staff …
Discussion:
American Press Institute
@mmfa:
Media Matters announces that Angelo Carusone has been named chairman, filling a position held by David Brock, who is leaving the organization immediately — Washington, DC - Media Media Matters for America and Media Matters Action Network today announced that their Boards of Directors have named Angelo Carusone as Chairman. Carusone fills the board positions previously held by David Brock who founded Media Matters for America in 2004
Discussion:
Breitbart, @davidbrockdc, @comfortablysmug and @redsteeze
Jeff Kotuby / The Streamable:
WBD CEO David Zaslav says the company will be “very disciplined” when its NBA contract expires after the 2024-2025 season: “We don't have to have the NBA” — In less than one year as CEO of Warner Bros. Discovery, David Zaslav has made some “interesting” comments …
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Alex Sherman / CNBC:
WBD CEO David Zaslav says the ad market is weaker than in 2020 and that HBO went from making $2B+ in 2019 to losing ~$3B in 2021 as content spending surged
Discussion:
The Hollywood Reporter, Insider, @jbflint, MediaPost, @jbflint, @jbflint, @pwthornton, @sherman4949, Front Office Sports, Gizmodo, SlashFilm, Deadline, The Playlist, The Wrap and Variety
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