Top News:
Jonathan Vanian / CNBC:
Snap reports Q4 revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, and a $288M net loss, vs. $23M in net income YoY; stock drops 14%+ — - Snap missed on revenue for the fourth quarter but beat on earnings. — Snap had a rough 2022, as a slowing economy led numerous companies to slash their digital ad budgets.
Discussion:
@cliffordasness, Axios, @carnage4life, SiliconANGLE, Social Media Today, Variety, Snap Inc. and The Hollywood Reporter, more at Techmeme »
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 …
Discussion:
@tomscocca, @annevclark, @tomlevenson, @niemanlab, @bendreyfuss, @assignedmedia, Rolling Stone, @ashleyfeinberg, @mattkbh, @j_zimms, Fox News and New York Post
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 …
Discussion:
Columbia Journalism Review, @notdumborasleep, @jamisonfoser, @mtaibbi, @anthony, @shellenbergermd, @mtaibbi, @froomkin, @cjr, @snowden, @kdrum, @sullydish, @jamisonfoser, @ggreenwald, @snowden, @cjr, @froomkin, @ggreenwald, @armandondk and Fox News
Jason Gurwin / The Streamable:
YouTube TV drops the MLB Network after failing to reach a deal for continued carriage; customers will also lose any recorded programming on their DVRs — After going all of 2022 without a single carriage dispute, live TV streaming service YouTube TV will see its first big channel drop from the service this year.
Discussion:
9to5Google, @thedeskdotnet, The Hollywood Reporter, Awful Announcing, The Desk, Next TV, Deadline, IGN and Cord Cutters News
Sylvia Varnham O'Regan / The Information:
Sources: seeking to boost Reels' quality, Meta executives are leaning toward relaxing the company's long-standing opposition to sharing ad revenue with creators — When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they're likely to pepper the Meta Platforms CEO …
Discussion:
Financial Times, @amir, Digiday, What's New in Publishing, Metro.co.uk, @pkafka, @kyurieff and @sylviavarnham, more at Techmeme »
Gerry Smith / Bloomberg:
Sources: as Apple launches MLS Season Pass, the company is shopping ad packages for up to ~$4M per season, without guaranteeing advertisers viewership numbers — Apple Inc. will launch its new streaming service for Major League Soccer this week with a lot of the traditional practices of TV advertising kicked to the sidelines.
Discussion:
@larakiara, @justicar, @justicar, @gerryfsmith, @tvgrimreaper and Cord Cutters News, more at Techmeme »
Jeremy Fuster / The Wrap:
USC: in 2022, women made up 30% of artists on Billboard's Hot 100 Year-End Chart, up from 23.3% in 2021, 14% of songwriters, flat YoY, and 3.4% of producers — The USC Annenberg Inclusion Initiative released its sixth annual survey of the Billboard Hot 100 charts Tuesday and found progress in several areas on gender and POC diversity.
Discussion:
Variety, The Guardian and Billboard
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.
Discussion:
@caseynewton, @melisaseah, Zero DD, @jacobfeldman4, Transistori, @fiene, @sachinrekhi, @rebexxxxa, @harrymccracken, @penamerica, @richontech, @scottnover, CNET, @platformer, @larakate, @zoeschiffer, @philosophygeek, SiliconANGLE, @jessicalessin, Base Camp, @lmatsakis, @rafat, @obrien, @techgirl1908, @seyitaylor, @erinkwoo, Rolling Stone, Gizmodo, Social Media Today, CNN, Rabbit Hole, MediaPost, The Information and TechCrunch, more at Techmeme »
Louis Menand / New Yorker:
A look at the roots of media “objectivity” and growing public distrust, especially for the Washington press corps after 1968's Democratic National Convention — Half a century ago, most of the public said they trusted the news media. Today, most say they don't.
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 …
Discussion:
@robowentv, @majacobs, LostRemote, @willthelandman, @deggans, @thr, SlashFilm, @benttravers, @walthickey, Deadline, Next TV, The Streamable, Variety, @snoodit, The A.V. Club, TVLine, The Information and IndieWire
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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
Discussion:
Variety, New York Times, The Hollywood Reporter, The Wrap, Gizmodo, The Hollywood Reporter, Inverse, Fortune, @oliverdarcy, @mattbelloni, @judysquirrels, @loudmouthjulia, TrekMovie.com, @raventbrunner, Deadline, IGN, @vanthebrand, @harrymccracken, Broadband TV News, @pkafka, @samontv, @ferniecommaalex, @carnage4life, @loudmouthjulia, @alexweprin, @kirkwrites79, CNBC, The Verge, The Desk, CNN, MediaPost, Media Play News, The A.V. Club, SlashFilm, Ad Age, The Playlist, Adweek and TechCrunch
David Satin / The Streamable:
Peacock has stopped offering its free tier to new subscribers; existing users will continue to have access — Peacock will no longer offer their free tier for new subscribers, The Streamable has confirmed. Instead, new users who attempt to sign up for NBCUniversal's streaming service …
Discussion:
Deadline, IndieWire, The Desk, TVLine, Variety, 9to5Google, TechCrunch, The Hollywood Reporter and CNET, more at Techmeme »
Cynthia Littleton / Variety:
TV talk show Dr. Phil will end original episodes in the spring after 21 seasons; CBS Media Ventures hopes to air syndicated shows through the 2023-2024 season — “Dr. Phil,” one of daytime TV's stalwart talk shows, will end its run of original episodes in the spring after 21 seasons.
Discussion:
Rolling Stone, Deadline, @thedailybeast, New York Post, E! Online, The Wrap, Page Six, TVLine and Fox News
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?
Discussion:
The Information, Gizmodo and Social Media Today, more at Techmeme »
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Matt Pearce / Los Angeles Times:
KPCC, Los Angeles' most popular FM public radio station, plans to change its name to LAist 89.3 and consolidate its radio, podcast, digital, and event offerings — Don't touch that dial! You've still got the right channel. — Los Angeles' most popular FM public radio station, KPCC …
Discussion:
@bdelossantos1, The Wrap, Variety, @paperhaus, @jfruh, @raju, @laura_nelson, @jaycaspiankang, @caitlinherdez, Radio & Television …, RADIO ONLINE, Inside Radio, Current and RAIN News
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, more at Techmeme »
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
Discussion:
Spotify, Yahoo Finance, The Hollywood Reporter, @lucas_shaw, @carnage4life, CNBC, Music Business Worldwide, Inside Radio, Variety, Observer, The Verge and Spotify
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