Top News:
Todd Spangler / Variety:
Disney reports Q1 revenue up 8% YoY to $23.51B, vs. $23.37B est., direct-to-consumer revenue up 13% YoY to $5.3B, and operating loss rose $0.5B to $1.1B — Overall, Disney posted revenue of $23.51 billion (up 8%) and adjusted earnings per share of 99 cents for the quarter ended Dec. 31, 2022 (Disney's Q1 of fiscal year 2023).
Discussion:
Business Wire, The Week, The Hollywood Reporter, CNBC, @loudmouthjulia, @thedeskdotnet, @richlightshed, @edmundlee, Forbes, IndieWire, UPI, CBR, Front Office Sports, The Wrap, @edmundlee, @xpangler, SlashFilm, Collider, @thedeskdotnet, Next TV, @thedeskdotnet, Observer, IGN, NPR and Screen Rant, more at Techmeme »
RELATED:
Todd Spangler / Variety:
Disney cuts its workforce by 7,000, or 3.2% of its ~220,000 global headcount, as the company tries to save $5.5B in costs, including $2.5B in non-content costs — Disney will reduce its workforce by 7,000 employees in a bid to cut costs, Iger said Wednesday on the company's earnings call for the year-end 2022 quarter.
Discussion:
The Economist, Variety, Variety, AdExchanger, CNBC, El País, Los Angeles Times, CBS News, The Guardian, CNN, Adweek, The A.V. Club, CNET, The Wrap, The Verge, @aagave, Above the Line, Financial Times, New York Times, @xpangler, IndieWire, @brooksbarnesnyt, Skift, IGN and Media Play News
Katie Robertson / New York Times:
The New York Times reports Q4 revenue up 12.3% YoY to $667.5M, 2022 revenue up 11.3% YoY to $2.3B, 2022 operating profit of $347.9M, and 9.6M paying subscribers — The company said it added more than a million digital subscribers in 2022, bringing its total number of paying subscribers to 9.6 million.
Discussion:
@katie_robertson, The New York Times Company, What's New in Publishing, @nickconfessore, @stacycowley, @jbsgreenberg, @bencasselman, @alexcarp_, @jdawsey1, @jennyvrentas, @kathyvsinternet, Simon Owens's Media Newsletter, @amandahess, The Desk, @liamstack, @sarafischer, @jayrosen_nyu, @ndhapple, @katie_thomas, @heytherehaley, @jessemckinley, @taffyakner, @4evrmalone, @maggieastor, @jo_becker, Awful Announcing, @bgrueskin, @tripgabriel, @brianstelter, @nkulw, @dicktofel, @mariaramirezny and @nycjim
Wall Street Journal:
Sources: Warner Bros. Discovery plans to keep a standalone Discovery+ service after launching a streaming service that combines HBO Max and Discovery+ content — Move comes amid concerns that some Discovery+ subscribers might not want to move to upcoming pricier, bigger platform
Discussion:
Deadline, Variety, Rolling Stone, Cord Cutters News, @jbflint, CBR, @sonnybunch, @great_katzby, @enzuigiri, @jbflint, @asharma, @bysarahkrouse, @brianstelter, CNN, The Desk, SlashFilm, The A.V. Club, TechCrunch, Mashable, The Streamable, Decider, Engadget, TechRadar, The Verge, Media Play News, The Wrap, Next TV, CNET, IGN, IndieWire, The Hollywood Reporter and Screen Rant
David Friend / Canadian Press:
Netflix rolls out its long-anticipated password sharing rules in Canada, New Zealand, Portugal, and Spain; other countries will be added in the next few months — Under new rules, premium and standard account holders will be given option to add extra members for $7.99 per month
Discussion:
About Netflix, Fortune, @dfriend, The Wrap, Deadline, Reuters, CNET, @the_alih, @sherman4949, Los Angeles Times, Engadget, @netflix_ca, @ibogost, CNBC, The Hollywood Reporter, Canadian Press, Media Play News and The Verge, more at Techmeme »
Sarah Grevy Gotfredsen / Columbia Journalism Review:
Tow Center analysis: ~4,000 journalists at US outlets tweeted 3% less per day on average after Elon Musk's takeover; those at right-leaning outlets tweeted more — b — New research from the Tow Center for Digital Journalism into the habits of journalists on Twitter during …
Tyler Wornell / NewsNation:
NewsNation reporter Evan Lambert was freed from jail late February 8 after being arrested giving a live report at Ohio Governor Mike DeWine's press conference — EAST PALESTINE, Ohio (NewsNation) — A NewsNation reporter was released from jail late Wednesday after being arrested earlier …
Discussion:
@newsnation, TMZ.com, @newsnationpr, @newsnation, The Desk, HuffPost, New York Times, Associated Press, The Wrap, @axios, @annalysagayle, @joshtpm, @taylorpopielarz, @joshtpm, @4lisaguerrero, @jatara_, Next TV, @brianstelter, @matthewkeyslive, @sarasidnercnn, @walterreports, Fox News, @theredrummedia, The Daily Beast, @allthingsnatsec, @davidpepper, @kaitlancollins, @statter911, @newsnation, @richmchugh, Mediaite, Deadline and FTVLive
Washington Post:
US House Oversight Committee members questioned three former Twitter executives about suppressing accounts, tweets, and the New York Post's Hunter Biden story — A congressional hearing today promises a moment of political reckoning more than two years in the making …
Discussion:
Rolling Stone, @justinbaragona, New York Magazine, Vanity Fair, Reuters, USA Today, New York Daily News, @noahshachtman, @willoremus, The Guardian, @girlsreallyrule, Reclaim The Net, NPR, @jonathanturley, @goldman, NewsNation, @parkermolloy, Mother Jones, @jonathanturley, @willoremus, @jonathanturley, @atrupar, @rob_sheridan, Las Vegas Review-Journal, @viacristiano, New York Times, @rvawonk, Fox News, Deadline, @digiphile, @digiphile, @yoyoel@macaw.social, @reppatfallon, @donmoyn, @parismarx, @digiphile, @jonathanturley, Reason, @viacristiano, @wesleylowery, @mlcalderone, @robertmaguire_, @juddlegum, HuffPost, @sulliview, The Daily Beast, @alex@cybervillains.com, The Hill, Boing Boing, Politico, UPI, Wall Street Journal, Bloomberg, New York Post, CBS News and United States House Committee …, more at Techmeme »
Jeremy Barr / Washington Post:
Over 200 staff represented by NBC News Digital's union walked off the job for 24 hours on February 9 to protest the outlet cutting seven union staff in January — It's the latest major labor action to strike a national news organization in recent months as the media industry faces headwinds and cut-backs.
Discussion:
The NewsGuild, @jackdickey, @hayesbrown, @redsteeze, @jeremymbarr, @jeremymbarr, @nbcnewsguild, @benjamindictor, @kattenbarge, The Wrap, Fox News, The Hollywood Reporter and The Hill
Ben Schoon / 9to5Google:
Google confirms that AI-generated content isn't against its Search guidelines, but using AI content to manipulate search results ranking violates its policies — AI is set to change the game in some big ways in the near future, and AI-generated content is one of the more controversial elements.
Discussion:
The Drum, Originality.AI, @carnage4life, MarTech, Search Engine Land, CNN, Night Walk, Wired and Axios, more at Techmeme »
Max Tani / Semafor:
Ozy, which imploded in 2021 and is facing US federal investigations over a misleading investor pitch, is raising money again, pitching itself as a “hip” brand — Ozy, the youth-focused media company that imploded in 2021 over a misleading pitch to potential investors …
Discussion:
@akarl_smith, @aagave, @jbillinson, @tomgara and @semaforben
Mike Masnick / Techdirt:
Judges including Clarence Thomas propose weakening free speech defenses from 1964's New York Times v. Sullivan case; Congress should pass the defenses into law — For all the misleading claims about “free speech under attack” in place where it is definitively not under attack (i.e. …
Senior Data Journalist, NY — 
Manager - Publishing Editorial, Manila — 
Oil Reporter, Singapore — 
Newsperson - State Govt. & Politics, CA — 
Business Reporter, SC — 
State Government Reporter, WA — 
Climate Crisis Columnist — 
Multimedia Journalist, CA — 
Community Engagement Mgr., DC — 
Senior California Politics Reporter, CA — 
Staff Writer - Business, NY — 
Team Editor - Opinion, ON — 
Assistant Correspondent, DC — 
Climate & Weather Reporter, MN — 
Senior Tech Editor, Remote US — 
Lead Business Reporter, TN — 
Managing Editor, WA — 
Private Credit Reporter, NY — 
Trending News Reporter, TX — 
City Correspondent, London — 
Legislative Reporter, CA — 
Reporter, PA — 
Visual Editor, Remote — 
Staff Writer, MI — 
Senior Political Reporter, DC — 
California Playbook Writer, CA — 
National Investigative Reporter, NY — 
Business & Gaming Reporter, NV — 
Coastal Climate Reporter, SC — 
Environment & Energy Reporter, CT — 
Coordinating Editor, OR — 
Editor, Remote US — 
Business Reporter, WA — 
Editor-in-Chief, AZ — 
