Top News:
Sara Fischer / Axios:
Memo: BDG Media suspends Gawker operations and CEO Bryan Goldberg says the company will cut 8% of its full-time staff after “a surprisingly difficult” Q1 2023 — BDG Media is suspending Gawker and will lay off 8% of full-time staff, according to an internal memo from CEO Bryan Goldberg that was obtained by Axios.
Discussion:
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David Satin / The Streamable:
Netflix details its password sharing rules; the company won't block “trusted devices” that connect to the “primary location” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.
Discussion:
LostRemote, Observer, SlashFilm, TechCrunch, Fast Company, @kendallbaker, Screen Rant, The Verge, ZDNet, @emmavigeland, Decoding Everything, @jacefrederick, The Daily Beast, IGN, The Wrap, gHacks Technology News, 9to5Mac, @jewish_activist, @ericafails, IndieWire, Toolkits, @carnage4life, CoinDesk, @mattxiv, @bugsmaytrix, @ow, @pt, @eriqgardner, @richardlnewby, Sky News, @discussingfilm, @grantmcauley, @frogs4girls, @roywoodjr, @phil_lewis_, @scottmendelson, @tinu, @andiesophia23, Mashable, @imani_barbarin, Gizmodo, @ohmdee, Forbes, @hasanthehun, Media Play News and Bustle, more at Techmeme »
Max Tani / Semafor:
The US DOJ charges former ABC News foreign correspondent James Gordon Meek over the alleged transportation of CSAM; the FBI raided Meek's home in April 2022 — The Department of Justice on Wednesday announced the arrest of an award-winning investigative reporter on charges related to child pornography.
Alexandra Bruell / Wall Street Journal:
Bloomberg renames its Quicktake streaming channel to Bloomberg Originals and adds more documentaries and talk shows, after seeing growth in ad-supported video — News publisher to launch climate, science and sports shows on rebranded streaming platform — Bloomberg Media is adding …
Discussion:
Talking Biz News
Bloomberg:
TikTok is limiting the number of songs that some users in Australia can post on its app, an experiment meant to assess how much they value music in their videos — TikTok is limiting the number of songs that users can post on its app, an experiment to assess how much they value music in their videos.
Discussion:
Social Media Today, Fox News and Newsday
Sahil Patel / The Information:
Sources: Netflix told advertisers that sign-ups for its ad tier doubled in January 2023 over December 2022; Netflix predicted 1.75M ad tier subscribers in Q1 — Netflix is making progress in its plunge into advertising—slowly. — The streaming firm told advertisers in the past 10 days …
Discussion:
@amir, @richlightshed, IndieWire, Deadline, @sizpatel and Cord Cutters News
Todd Spangler / Variety:
Netflix adds spatial audio to its $20 per month Premium plan, available on 700+ of its most-watched titles; Standard and Basic plans will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection …
Discussion:
LostRemote, IGN, 9to5Mac, The Verge, The Streamable, TechCrunch and Engadget, more at Techmeme »
Brian Veseling / WAN-IFRA:
The Seattle Times President Alan Fisco says 70% of the paper's revenue now comes from readers, and 70% of that is still from print; ads represent 24% of revenue — 2023-01-25. “You can have the most sophisticated funnel, the best retention tools on the planet, spend a fortune on your tech stack …
Discussion:
@coreyhutchins, @anthony, What's New in Publishing, Media Voices and American Press Institute
Foo Yun Chee / Reuters:
Sources: Deutsche Telekom, Orange, Telefonica, and Vodafone's ad joint venture meant to rival Meta and Google is set to win unconditional EU antitrust approval — Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone's (VOD.L) plan to take on Big Tech …
Karl Brauer / Forbes:
Cars & Bids, a car auction site founded by Doug DeMuro, an automotive YouTuber who has amassed 4.5M+ subscribers since 2013, raised $37M from The Chernin Group — Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.
Discussion:
@rochoy, @gregbettinelli, @dougdemuro, The Drive and Robb Report, more at Techmeme »
Manish Singh / TechCrunch:
Pakistan “degrades” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” and warns of a full block if the nonprofit fails to comply — Pakistan has “degraded” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” …
Discussion:
@ptaofficialpk, Poynter, @usamakhilji, @anayankhan and @usmanahmad_iam, more at Techmeme »
Kayleigh Barber / Digiday:
Sources: digital publishers' Q1 ad revenue is off to a rocky start; January is pacing from 10% to 25% off targets and fewer clients are buying full-year deals — The first quarter is off to a rocky start for publishers' advertising businesses, and while that might not come as a surprise given …
Discussion:
@kayleighjbarber, @petersontee, @digiday, Variety and A Media Operator
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