Mediagazer: BFI: production spend in the UK's high-end TV and film industries reached a record £6.3B in 2022, of which 86% came from international streamers and studios (Jesse Whittock/Deadline)

7:10 AM ET, February 3, 2023

Top News:

Todd Spangler / Variety:

YouTube's ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B — Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analyst estimates, as YouTube's ad revenue again notched a year-over-year decline.

Discussion: CNBC, The Wrap, The Verge and The Hollywood Reporter, more at Techmeme »

Jon Swartz / MarketWatch:

Alphabet reports Google advertising revenue down 4% YoY from $61.2B to $59B, below analyst estimates of $60.4B, and Google Search revenue down 2% YoY to $42.6B — Alphabet Inc.'s stock initially slipped in extended trading Thursday after it missed slightly on revenue and earnings in a ho-hum quarterly result.

Discussion: Alphabet, Reuters, Skift, Fast Company, SiliconANGLE, TVNewsCheck, The Wrap and 9to5Google, more at Techmeme »

Thomas Maxwell / Insider:

YouTube Shorts has surpassed 50B daily views, up from 30B in April 2022; YouTube began sharing ad revenue with Shorts creators starting February 1 — - YouTube Shorts now sees more than 50 billion daily views, up from 30 billion the year prior. — The short-form video format was launched in 2021 as a response to TikTok.

Discussion: TechCrunch and Digiday

Annie Palmer / CNBC:

Amazon reports Q4 advertising services revenue grew 19% YoY to $11.56B, vs. $11.38B est., and subscription services revenue grew 13% YoY to $9.19B — Follow your favorite stocksCREATE FREE ACCOUNT — Amazon reported earnings after the bell. Here are the results. — Earnings: $1.39 per share

Discussion: Amazon, Digiday, The Information, WWD, Fast Company, CNET, Forbes, Deadline, Reuters, Variety, Barron's Online and The Hollywood Reporter, more at Techmeme »

Mia Sato / The Verge:

Some former CNET employees describe Red Ventures breaking down traditional barriers between editorial and advertising and pressuring them to change stories — CNET built a trusted brand for tech reporting over two decades. After being acquired by Red Ventures, staff say editorial firewalls have been repeatedly breached.

TechCrunch:

Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead — Twitter will discontinue offering free access to the Twitter API starting February 9 and will launch a paid version …

Ted Johnson / Deadline:

The White House Correspondents' Association announces The Daily Show's Roy Wood Jr. will host its annual dinner on April 29, saying he has “a journalistic eye” — Roy Wood Jr. will be this year's featured entertainer at the White House Correspondents' Association's annual dinner on April 29.

Discussion: Vanity Fair, White House Correspondents …, The Hollywood Reporter, @randallwoodfin, @bevysmith, @tamarakeithnpr, @warondumb, @tiareports, Politico, The Hill, The Wrap, CNN and New York Daily News

Jesse Whittock / Deadline:

BFI: production spend in the UK's high-end TV and film industries reached a record £6.3B in 2022, of which 86% came from international streamers and studios — Production spend in the UK high-end TV (HETV) and film industries reached a record £6.3BN ($7.8BN) in 2022, BFI statistics released today reveal.

Discussion: Variety and The Hollywood Reporter

Karissa Bell / Engadget:

TikTok revamps its account enforcement system, including a new strike system meant to address “repeat offenders”, bringing its policy in line with its peers' — TikTok is trying to make it easier for creators and others to navigate its rules, and understand what's happening to their accounts.

Discussion: TikTok, SiliconANGLE, Gizmodo, Social Media Today and TechCrunch, more at Techmeme »

Aisha Majid / Press Gazette:

An analysis of 68 news domains: 45 ranked worse in UK Google search results in January 2023 vs. January 2022; those with non-news content saw the biggest gains — Data from SEO experts Sistrix reveals big losses for news domains in organic search in 2022. — News websites saw a significant drop …

Discussion: @mnshap, @pressgazette, @pressgazette and @chippy

Jim Friedlich / Nieman Reports:

About two dozen current and prospective journalism funders and practitioners met to work on a roadmap for US local news, encouraging more funding collaborations — A gathering of current and prospective journalism funders and practitioners seeks to reinvent local news as civic information in service of communities

Discussion: @agolis, Nieman Lab, @ckrewson, @jimfriedlich, @davidclinchnews, @kdoctor, @freepress, @nancygibbs and Free Press

Mandy Dalugdug / Music Business Worldwide:

Los Angeles-based Shamrock Capital raises $600M+ for its third equity fund to invest in film, television, music, video games, sports rights, and other content — Los Angeles-based investment company Shamrock Capital has raised more than $600 million in commitments for its third equity fund …

Discussion: Wall Street Journal and Billboard

Archived Page Info:

This is a snapshot of Mediagazer at 7:10 AM ET, February 3, 2023.

View the current page or another snapshot:

Who's Hiring in Media?

Output Producer, CA — AP

China Markets Correspondent, Shanghai — Reuters

Senior Assignment Editor, DC — WaPo

Breaking News Editor, Tokyo — Bloomberg

Senior Correspondent - Wealth, NY — WSJ

Reporter - Ottawa Bureau — Globe & Mail

Local Government Reporter, IA — The Gazette

Research Director, CA — OCBJ

Immigration Enforcement Reporter — Documented

Presque Island Reporter, ME — Bangor Daily News

Contributing Parks Ed. - SW, CA — SFGATE

AI Content Editor, WA — Outlier

Legislative Reporter, TN — Daily Memphian

Editorial Assistant, Remote US — Launch Potato

Elon Musk Reporter, NY or CA — The Information

Government & Politics Editor, WA — Seattle Times

Business & GA Reporter. VT — VTDigger

Sports Reporter, WA — Everett Herald

Energy Reporter, TX — Houston Chronicle

Senior Reporter, SC — Island Packet

Trade & Climate Correspondent, DC — FT

Reporter, WI — Racine County Eye

Political Newsletter Writer, CO — The Lever

Jackson Reporter, MS — Verite

Music Editor, AZ — Phoenix New Times

Breaking News Reporter, NV — Las Vegas Sun

Fearless Reporter/Producer, IA — BPC

Reporter II - Technology, Remote — NPR

Editor, Remote US — Daily Kos

City Reporter, WA — Tacoma News Tribune

Executive Editor, OR — Lookout Local

Education & Budget Reporter, CA — Politico

Senior Writer/Editor, FL — Gulfshore Business

Media Editor, Remote — Axios

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Matthew Keys / The Desk:
The owners of 160+ local CBS affiliates pull their signals from FuboTV after its parent company Paramount excluded them from retransmission fee negotiations

Thanks:@thedeskdotnet

Todd Spangler / Variety:
Apple reports Q1 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 6.4% YoY to $20.8B, a quarterly record but with slower growth

Discussion: @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, Apple Inc., 9to5Mac, The Wrap, Deadline and The Hollywood Reporter, more at Techmeme »

Miami Herald:
McClatchy names Miami Herald and el Nuevo Herald Executive Editor Monica Richardson as VP of News for Large Markets; Alex Mena will replace her in the interim

Discussion: @avqueenbenet, @jimrosicafl, @fitztrubey, @marcosbreton and @rana_cash

Ben Thompson / Stratechery:
Q&A with ad expert Eric Seufert on Meta's Q4 earnings, rising ad load, ATT, Reels, the Google-Meta duopoly, Amazon, EU regulations, Google's DOJ case, and more

Discussion: @ghadjia, @roe__men, @eric_seufert and Mobile Dev Memo

Mizanur Rahman / Houston Landing:
Houston Landing, a free, independent, nonpartisan, nonprofit, digital-only news outlet, which raised a $20M seed in 2022, announces a spring website launch

Discussion: @hou_landing, @john_tedesco, @mariedennise, @lmcgaughy, @journalismproj, @jcarpenter219, @mizanur_tx, @marklisheron and @nicdawes

Sarah Scire / Nieman Lab:
Q&A with Holden Foreman, The Washington Post's first accessibility engineer, on his role, improving access for people with disabilities, challenges, and more

Discussion: @johnycassidy, Columbia Journalism Review, @niemanlab and Ad Age

Earlier Picks:

Samantha Cole / VICE:
Netflix Japan used AI art in its The Dog & The Boy short, citing a “labor shortage” in the anime industry, which has long faced labor abuses and poor wages

Discussion: @grady_booch, Engadget, @joshanimator, @janusrose, Fortune, Mashable, Ars Technica and Polygon

Nancy Tartaglione / Deadline:
Sony Pictures reports Q3 operating income down 86% YoY to ~$179M and leaves its full-year forecast unchanged at ~$894M; Music revenue rose 23% YoY to ~$2.83B

Discussion: Bloomberg, The Wrap, Financial Times, The Verge, Variety and The Hollywood Reporter

Bryan Curtis / The Ringer:
A profile of James McNicholas, who covers Arsenal for The Athletic and has an acting career that includes starring in the BBC's Horrible Histories and Ted Lasso

Discussion: @stephenjnesbitt, @david_rudnick, @bryancurtis, @brettgoldstein, @bryancurtis, @jamesmcnicholas, @ringer and @gunnerblog

Emily Bary / MarketWatch:
SEC filing: Comcast sold 5,726,385 BuzzFeed shares from January 30 to February 1 as BuzzFeed's stock surged, leaving the company with 19.97% of BuzzFeed's stock

Discussion: The Wrap, @matthewkeyslive and The Hollywood Reporter

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

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

Discussion: @leahfinnegan, One Man & His Blog, MediaPost, @glinner, @bdsixsmith, @themaxburns, @choire, @lizzywol, @brocklesnitch, @eeberquist, @brotigupta, @jessesingal, @thatjenmonroe, @espiers, @taylorlorenz, @kindahagi, @z_hu__, @benfowlkesmma, @oliviacraighead, @cjr, @martinsfp, @tomaxwell, @tarpleyhitt, @nkulw, @legsfrank, @anthony, @emmasarappo, @jennygzhang, @nichcarlson, @jennygzhang, @pjmaciak, @hazlitt, @samuel_rutter, @jayasax, @annetdonahue, @film_girl, @mckinneykelsey, @ericdharvey, @elenasb_, @chrislongview, @allierileyjones, @theashleyray, @ohitsstuart, @coreyatad, @uncanny_eli, @ikanteventoday, @maxwellstrachan, @emgusk, @georgeciveris, @noahlove, @martynwendell, @kyleorl, @kjfernelius, @tajjaisen, @nickripatrazone, @knibbs, @theballisorange, @christress, @therealbradbabs, @theashleyray, @clublefttennis, @luke_winkie, @uncanny_eli, @davidgross_man, @jeremypgordon, @leximcmenamin, @brandyljensen, @dwaldenwrites, @daisandconfused, @pblest, @gaberivera, @nkulw, @jeremypgordon, @kerpen, @hunterw, @ashihipar, @mediaevan, @333333333433333, @jamesrbuk, @markwby, @brianstelter, Variety, New York Times, WWD, @maxwelltani, Popula, New York Post, Nieman Lab, Newser, The Information, Observer, Press Gazette, CNN and The Wrap

From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page