Top News:
Sara Fischer / Axios:
Memo: BDG Media CEO Bryan Goldberg says the company is laying off 8% of its staff and “suspending operations” at Gawker 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 …
Discussion:
@leahfinnegan, Variety, New York Times, New York Post, @maxwelltani, Nieman Lab, Observer, @choire, @lizzywol, @brocklesnitch, Press Gazette, CNN, Popula, @eeberquist, @brotigupta, The Wrap, The Information, @allierileyjones, @tajjaisen, @brianstelter, @film_girl, @theashleyray, @nkulw, @georgeciveris, @nickripatrazone, @theashleyray, @knibbs, @hunterw, @benfowlkesmma, @taylorlorenz, Newser, @ikanteventoday, @brandyljensen, @therealbradbabs, @markwby, @333333333433333, @annetdonahue, @luke_winkie, @kerpen, @coreyatad, @gaberivera, @maxwellstrachan, @kjfernelius, @samuel_rutter, @thatjenmonroe, @ohitsstuart, @christress, @daisandconfused, @emmasarappo, @pblest, @jessesingal, @leximcmenamin, @jennygzhang, @mckinneykelsey, @legsfrank, @hazlitt, @dwaldenwrites, @nichcarlson, @jeremypgordon, @martynwendell, @pjmaciak, @anthony, @cjr, @kyleorl, @chrislongview, @elenasb_, @tomaxwell, @theballisorange, @noahlove, @martinsfp, @jeremypgordon, @ericdharvey, @z_hu__, @emgusk, The Daily Beast, @uncanny_eli, @jayasax, @davidgross_man, @mediaevan, @jamesrbuk, @clublefttennis, @uncanny_eli, @espiers, @tarpleyhitt, @kindahagi, @ashihipar, @jennygzhang, @nkulw, @oliviacraighead, The Hollywood Reporter and Deadline
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:
SlashFilm, Fast Company, TechCrunch, Screen Rant, @kendallbaker, ZDNet, Decoding Everything, The Wrap, The Daily Beast, @pt, Forbes, @bugsmaytrix, @hasanthehun, IGN, Gizmodo, CoinDesk, gHacks Technology News, 9to5Mac, @jewish_activist, @ericafails, IndieWire, Toolkits, @carnage4life, @mattxiv, @ow, @eriqgardner, @richardlnewby, Sky News, @discussingfilm, @grantmcauley, @frogs4girls, @roywoodjr, @phil_lewis_, @scottmendelson, @andiesophia23, Mashable, @imani_barbarin, @ohmdee, Media Play News and Bustle, more at Techmeme »
Max Tani / Semafor:
The DOJ charges James Gordon Meek, an ex-ABC News foreign correspondent, with the alleged transportation of child pornography; the FBI raided his home in April — The Department of Justice on Wednesday announced the arrest of an award-winning investigative reporter on charges related to child pornography.
Discussion:
Department of Justice, Variety, Mediaite, Fox News, The Wrap, New York Post, Deadline, Rolling Stone, @noahshachtman, @calebjhull, @maxwelltani, @arlnowdotcom, @semaforben and The Daily Beast
Alexandra Bruell / Wall Street Journal:
Bloomberg renames its Quicktake streaming channel to Bloomberg Originals and adds more documentaries and talk shows, as it sees 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 some users in Australia can post on its app, as part of a test 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 new sign-ups for its ad tier doubled in January over December 2022; Netflix predicted 1.75M ad-tier subs by end of Q1 — Netflix is making progress in its plunge into advertising—slowly. — The streaming firm told advertisers in the past 10 days …
Discussion:
@amir, IndieWire, @richlightshed, Deadline and @sizpatel
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:
The Streamable, IGN, The Verge, 9to5Mac, 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 and A Media Operator