Mediagazer: FilmLA: Los Angeles film, TV, and commercial shooting days fell 19.5% from Q4 2021 to Q4 2022; commercials for the year were 24.5% below their five-year average (Jeremy Fuster/The Wrap)

11:00 PM ET, January 18, 2023

Top News:

Source: Twitter engineering manager Siddharth Rao told employees that daily revenue was 40% lower YoY and 500+ of the company's top advertisers paused spending — A senior Twitter manager told employees that the company's daily revenue on Tuesday was 40% lower than the same day a year ago …

Erin Woo / The Information:

Source: Twitter's Q4 2022 revenue fell ~35% YoY to $1.025B, 72% of its Q4 goal; the company hopes to generate $732M in Q1 2023, which would be down 39% YoY — Twitter's fourth quarter revenue fell about 35% year over year to $1.025 billion, a top ad executive revealed at a staff meeting Wednesday …

Discussion: @amir, @lauramandaro, @yoda, @charlesarthur, @mvpeers, @erinkwoo, Engadget, @ianvisits and @awprokop, more at Techmeme »

Jeremy Fuster / The Wrap:

FilmLA: Los Angeles film, TV, and commercial shooting days fell 19.5% from Q4 2021 to Q4 2022; commercials for the year were 24.5% below their five-year average — The newest quarterly report on Los Angeles on-location shooting from FilmLA shows a sharp downturn in shoot days in the final quarter of 2022 …

Discussion: Variety, FilmLA, Deadline, Los Angeles Times and The Hollywood Reporter

New York Times:

Sources: the GOP is in talks with CNN, ABC, CBS, NBC, and Fox, along with niche networks like Newsmax and NewsNation, about hosting presidential primary debates — Conversations between R.N.C. officials and television executives signal that the contours of the Republican nominating contest are shaping up.

Discussion: New York Magazine, @jimrutenberg and @jdickerson

New York Times:

Semafor plans to buy out Sam Bankman-Fried's roughly $10M stake and put the money into a separate account; the investment was Semafor's largest in a ~$25M round — Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency …

Discussion: @dicktofel, Financial Times, @historyned, @eduardosuarez, @pressgazette, New York Post, @benmullin, The Information, @jeffjohnroberts, Cointelegraph, @dougjballoon, @froomkin, Insider and Observer

Lauren Thomas / Wall Street Journal:

CoinDesk retains investment bankers at Lazard to help the outlet explore options including a partial or full sale after “numerous” indications of interest — The company has ‘received numerous inbound indications of interest,’ CEO Kevin Worth said. — 1x

Discussion: MediaPost, @ap_abacus, @wublockchain, The Block and Talking Biz News, more at Techmeme »

The Hollywood Reporter:

A look at Disney's board power struggle and how investor Nelson Peltz lobbied for a seat since July 2022 with help from former Marvel executive Ike Perlmutter — As activist shareholder Nelson Peltz presses a long-shot fight for a seat on Disney's corporate board, with help …

Discussion: @kimmasters, Axios, @alexweprin, @scottgustin, @kimmasters, @alexweprin, @loudmouthjulia, @farhip, @farhip, Quartz, Variety, Investis Digital, CNBC, The Daily Beast, Los Angeles Times, Bloomberg, New York Times, MediaPost, Axios and Deadline

Jon Brodkin / Ars Technica:

A California Superior Court judge throws out most of OANN's claims in a lawsuit filed in March 2022 over DirecTV dropping the network from its channel lineup — Judge denies OAN claim, says contract with DirecTV did not entitle it to renewal. — One America News Network's owner lost …

Discussion: Techdirt and Times of San Diego

Jeremy Fuster / The Wrap:

Avatar: The Way of Water hits $1.92B at the global box office, passing Spider-Man: No Way Home for the No. 6 all-time spot; China's audiences contributed $217M — Disney/20th Century's “Avatar: The Way of Water” is now the highest grossing film of the post-shutdown era with $1.92 billion …

Discussion: Collider, Insider, Deadline and Screen Rant

Digiday:

Similarweb: Twitter referral traffic to a dozen major outlets fell 12% on average between November and December 2022; traffic to the New York Post and Fox grew — Under the leadership of Elon Musk, Twitter's role as a traffic referral source to publishers' sites is largely declining.

Discussion: Simon Owens's Media Newsletter, Nieman Lab, @cbeilinson, @mattnavarra, @martyswant and @anthony, more at Techmeme »

Zoe Samios / Sydney Morning Herald:

The Age in Melbourne, Australia, appoints news director Patrick Elligett as its editor, replacing Gay Alcorn, who stepped down in December 2022 after two years — The Age has appointed news director Patrick Elligett as its new editor. — Elligett joined the masthead in 2019 and replaces Gay Alcorn …

Discussion: Mumbrella, @kristian_silva, @brucerguthrie, @docavvers, @dalehof1234, @jacklong17, @billisdoing, @mediaanalystoz and Mediaweek

Andy Maxwell / TorrentFreak:

The European Commission invites stakeholders to share experiences and potential solutions under existing laws to combat piracy of live events via IPTV services — Rightsholders involved in the creation and broadcasting of live events say their businesses face a persistent threat from unlicensed and illegal competition.

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Harvey Solomon-Brady / whynow:
London-based media company whynow plans to re-launch CNN's YouTube channel Great Big Story in early 2023, licensing the brand from CNN International Commercial

Thanks:@matthewkeyslive

Patrick Brzeski / The Hollywood Reporter:
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From Techmeme:

Samuel Stolton / Bloomberg:
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Manor Lords, a new medieval city building game from Polish indie developer Grzegorz Styczen, sells 1M+ copies and hits 170K+ concurrent players on Steam

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