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7:10 PM ET, January 31, 2023

Mediagazer

 Top News: 
Hannah Murphy / Financial Times:
Sources detail Twitter's nascent moves to facilitate payments, a key to becoming a “super app”, as the company files for regulatory licenses across the US  —  Company has started applying for US state licences in bid for fresh revenues beyond advertising
RELATED:
Matt Binder / Mashable:
Twitter shuts down CoTweets, an experimental feature that let two users author and publish a tweet in tandem; in a month, CoTweets will show a single author  —  If you're reading this, it's already too late to post a CoTweet.  —  Did you use Twitter's fairly new CoTweets feature?
Jeff Gerth / Columbia Journalism Review:
Interviews with reporters, editors, and Donald Trump on how Russiagate coverage led to Pulitzer Prizes and retractions, shaped Trump's press relations, and more  —  Seven and a half years ago, journalism began a tortured dance with Donald Trump, the man who would be the country's forty-fifth president …
Casey Newton / Platformer:
Instagram co-founders Kevin Systrom and Mike Krieger launch a waitlist for Artifact, an app with a personalized news feed that will let users discuss articles  —  EXCLUSIVE: Meet Artifact, a kind of TikTok for text  —  Kevin Systrom and Mike Krieger are back.
Tom Scocca / Popula:
The New York Times' coverage of trans kids points to a newspaper crusade, focusing resources on a tiny segment of medical care compared to other teen procedures  —  A question to ask.  At length.  —  EARIER THIS MONTH, the administration of Florida Governor Ron DeSantis wrote to 12 state universities …
Sarah Perez / TechCrunch:
Spotify has deployed Google's User Choice Billing in 140+ markets globally, to reduce Play Store commissions; how much the company is saving is confidential  —  In its fourth-quarter earnings, Spotify announced today its User Choice Billing program has now expanded to more than 140 markets worldwide …
Discussion: MediaNama
RELATED:
Anna Nicolaou / Financial Times:
Spotify reports Q4 revenue up 18% YoY to €3.2B and a €270M loss, up from €39M YoY, as operating costs rose 44% YoY, and adds 10M paying subscribers to hit 205M
Lesley Goldberg / The Hollywood Reporter:
Sources: Showtime pulled short-lived shows from its streaming service, like Kidding and American Gigolo, and is expected to let rights holders shop their series  —  ‘Kidding,’ ‘Super Pumped,’ ‘American Rust,’ ‘On Becoming a God in Central Florida,’ ‘Let the Right One In’ and 'American Gigolo …
RELATED:
Matt Tamanini / The Streamable:
Paramount Global plans to merge its Showtime streaming service with Paramount+'s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME
Jonathan Vanian / CNBC:
Snap Q4: revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, vs. 375.3M est., and a $288M net loss, vs. $23M in net income YoY; stock down 13%+  —  - Snap missed on revenue for the fourth quarter but beat on earnings.  — Snap had a rough 2022, as a slowing economy led numerous companies …
Caitlin Huston / The Hollywood Reporter:
Peter Chernin's North Road Company studio takes a $150M investment from the Qatar Investment Authority, adding to the $800M announced at its July 2022 launch  —  The TV and film studio said it has more than 85 active productions in the works. … The company includes unscripted content …
Discussion: Deadline
Anna Nicolaou / Financial Times:
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions  —  Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions
 
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 More News: 
Sylvia Varnham O'Regan / The Information:
Sources: Meta executives are debating whether to relax the company's long-standing opposition to sharing ad revenue with creators, as it seeks to boost Reels
Matt Pearce / Los Angeles Times:
KPCC, Los Angeles' most popular FM public radio station, will change its name to LAist 89.3 as it consolidates its radio, podcast, digital, and events offerings
Caitlin Huston / The Hollywood Reporter:
Warner Bros. Discovery signs deals to license some content the company pulled from HBO Max, including Westworld, to Roku and Tubi's free, ad-supported channels
Anne Kauranen / Reuters:
Finnish, Norwegian, Danish, and Icelandic unions quit the IFJ, accusing the union of undemocratic practices, unethical finances, and other “corruptive activity”
 Earlier Picks: 
Wall Street Journal:
If the US wins its antitrust Google case, a spinoff is more likely than a sale, valuing the ad businesses at tens of billions and giving advertisers more choice
Corbin Bolies / The Daily Beast:
Sources detail the collapse of Insider's Washington DC bureau, launched in March 2020: steady staff exits and its head fired days before the 2022 US midterms
Leonard Downie Jr / Washington Post:
In interviews with 75+ journalists and media experts, a Washington Post ex-executive editor finds that newsrooms that move beyond “objectivity” can build trust
Jim Milliot / Publishers Weekly:
Memo: HarperCollins plans to cut 5% of its employees in North America by June 30, since the sales surge from the pandemic has “slowed significantly as of late”
 

 
From Techmeme:

The Information:
Source: Microsoft and OpenAI wrangle over Microsoft's stake in the for-profit entity, use of OpenAI's IP, continued collection of 20% of OpenAI's revenue, more

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

New York Times:
Japan Airlines halts ticket sales after a cyberattack hit its network equipment, causing delays to more than 40 flights, and says flight safety was not impacted
 
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