Top News:
Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos — Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022 — Reed Hastings is stepping …
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Sarah Whitten / CNBC:
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected — - Netflix is scheduled to report fourth quarter earnings after the bell. — The streaming service's new ad-supported service will be in focus.
Discussion:
The Streamable, Variety, Insider, Axios and @felixsalmon, more at Techmeme »
Meg James / Los Angeles Times:
New Mexico prosecutors charge Alec Baldwin and the armorer of the movie “Rust” with involuntary manslaughter for cinematographer Halyna Hutchins' on-set death — New Mexico prosecutors said they are filing felony criminal charges against actor Alec Baldwin and the armorer …
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Wall Street Journal, Variety, Fox News, CNET, New York Times, The Hollywood Reporter, BBC, SlashFilm, Deadline, The Week, CNBC, The Sun, The Wrap, New York Post, Insider, The Daily Beast, @sonnybunch, Mediaite, The Hill, NME, Axios, Albuquerque Journal, Washington Post, Vanity Fair, The Guardian, UPI, @lionelmedia, @moviessilently, @rkylesmith, @latimesent, @therecount, Semafor, Daily Mail, @lisaannwalter, @latimes, The Indian Express, Forbes, Rolling Stone, SheKnows, Screen Rant, CBS News, CBR, The A.V. Club and abc7NY
Wall Street Journal:
Nexstar reaches a multiyear deal to broadcast the Saudi Arabia-funded LIV Golf tour on The CW Network; until now, LIV events have been available online for free — Partnership will determine the Saudi-funded golf tour's financial viability — LIV Golf, the controversial Saudi-funded golf tour …
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Sportico, TVLine, CBS News, Nexstar Media Group, Inc., The Guardian, Deadline, @crupicrupicrupi, TVNewsCheck, Bloomberg, @jbflint, Awful Announcing, New York Post, Financial Times, MediaPost, The A.V. Club, @rynedennis, @jyarow, The Streamable, UPI, @brendon_wm, The Hill, @tvgrimreaper, Front Office Sports, @joshacarpenter, Forbes, The Hollywood Reporter, Los Angeles Times and Barrett Media
Justin Baragona / The Daily Beast:
Right-wing YouTuber Steven Crowder, who has 5.94M subscribers on the platform, feuds with Ben Shapiro's The Daily Wire, which offered him a $50M four-year deal — Right-wing blowhard Steven Crowder is accusing Ben Shapiro's media empire of being in bed with Big Tech—fighting words that have ignited a heated public dispute.
Financial Times:
Patreon, Substack, and other “passion economy” startups are cutting staff and abandoning fundraising plans; Dealroom: investments fell 75% YoY to $801M in 2022 — Once high-flying start-ups that serve online creators and influencers have been forced into a painful retrenchment …
Sarah Perez / TechCrunch:
Wikimedia updates Wikipedia's design for the first time in over a decade, improving search, accessibility, the table of contents section, and language switching — Wikipedia, one of the world's top 10 most visited websites, and a resource used by billions every month, is getting its first makeover on the desktop in over a decade.
Discussion:
Insider, Wikimedia Foundation, @raju, OnlyTech and Slate, more at Techmeme »
Naman Ramachandran / Variety:
Amazon and DAZN sign a global distribution partnership that will make DAZN available as a Prime Video Channel for an extra monthly fee for Prime Video customers — Amazon and DAZN have signed a global distribution partnership that will see DAZN's direct-to-consumer sports streaming service available as a Prime Video Channel.
Discussion:
The Streamable, The Information and Broadband TV News
Todd Spangler / Variety:
Fandom cuts jobs at GameSpot, Giant Bomb, Metacritic, and TV Guide, four months after their ~$50M acquisition from Red Ventures; source: under 10% are impacted — Fandom has made an unspecified number of layoffs at GameSpot, Giant Bomb, Metacritic and TV Guide — four months after buying …
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@ashleylcarter1
Parker Molloy / The Present Age:
News media should've sent a signal to Twitter by not tweeting after the site suspended some journalists' accounts; Fox News once boycotted Twitter for 16 months — Fox once abandoned Twitter for 16 months in a vague, nonsensical protest. News outlets with legitimate grievances …
Discussion:
@parkermolloy, @mattnavarra, @parkermolloy, @Ciantic@twit.social and @froomkin
Max Read / Read Max:
The most important thing a blogger can do to develop and retain an audience is to post regularly and frequently, as evidenced by Matt Yglesias' success — How to be a successful content entrepreneur — What is the secret to a successful career as a blogger/newsletter author/content creator?
Discussion:
@jhweissmann, @matt_levine, @jfruh, @parismarx, @bencjacobs, @craigsilverman, @maura, @niubi, @jonathanshainin, @markberman, @sidhubaba, @mattyglesias, @lukeoneil47, @gadyepstein and @matt_levine
Noam Bardin / Post.News:
Social network Post announces a dedicated News Feed for articles from verified news publishers like Fortune, Reuters, Rolling Stone, and The Los Angeles Times — Hi Posters, Today we released a dedicated News Feed. This will be the place where verified news publishers will live and allow …
Discussion:
@mattnavarra, @marceelias and @brianstelter