Top News:
Ryan Broderick / Garbage Day:
After declining Twitter engagement, a writer games the For You feed, which he suspects uses invisible subreddit-like Topics to algorithmically organize tweets — Read to the end for some really good horse content — I Gave Into The New Twitter Algorithm And I Went Way Too Viral
Jessica Toonkel / Wall Street Journal:
Sources: former Paramount Global executive David Nevins in recent weeks offered to buy Showtime for $3B+, backed by General Atlantic, but was turned down — David Nevins was latest Showtime suitor to be rebuffed by Paramount over past few years — Former Paramount Global PARA -2.15%decrease …
Discussion:
@littmanji, @mattzollerseitz and The Desk
Sarah Perez / TechCrunch:
Flipboard adds a beta feature to its iOS app that lets Mastodon users see posts from people they follow, as Twitter integration is expected to become unreliable — Magazine app Flipboard is joining the Fediverse — the group of interconnected servers powering a range of open source …
Discussion:
Engadget, @shoq, @efeng, @andypiper@macaw.social, @chrismessina, @shoq, @mmccue, @anthony and CNET, more at Techmeme »
Lori Rozsa / Washington Post:
DeSantis appoints political supporters to a board controlling Disney's special tax district in Florida and suggests they can influence Disney's “woke” content — Florida Gov. Ron DeSantis completed the state takeover of a taxing district controlled by Disney for more than half …
Associated Press:
House Speaker Kevin McCarthy says Tucker Carlson has “exclusive” first dibs on January 6 security footage but vows to give access to the “entire country” later — House Speaker Kevin McCarthy is defending his decision to give Fox News' Tucker Carlson “exclusive” …
Discussion:
Axios, Politico, The Hill, Mediaite, @farnoushamiri, @heidilegg, Washington Post, Insider, Wall Street Journal, Rolling Stone and The Week
Alex Weprin / The Hollywood Reporter:
An interview with Time CEO Jessica Sibley about “Time 3.0”, partner Taboola, Time Studios accounting for 25% of the publisher's revenue, podcast plans, and more — Jessica Sibley says that Time Studios now accounts for 25 percent of the publisher's revenue …
Nilay Patel / The Verge:
Q&A with iHeartMedia's Conal Byrne on overseeing podcasting at the company, the industry maturing, RSS, radio and podcast ads, subscriptions, and exclusivity — Amid layoffs and a looming recession, folks are concerned about the audio industry. iHeart's podcast head Conal Byrne is not worried.
Discussion:
RAIN News, Barrett Media and The Drum, more at Techmeme »
Sara Fischer / Axios:
Substack says its newsletters have 20M+ monthly active subscribers and 2M+ paid subscriptions, up from 1M in November 2021, as Big Tech rivals shut down — There are more than 2 million paid subscriptions to writers on Substack, Axios has learned — up from 1 million last reported in November 2021.
Discussion:
On Substack, @hamishmckenzie, @tvgrimreaper, @biblioracle, @jasonlk, @kantrowitz, @adater, @jaycodon, @kantrowitz, @annehelen, @michellerempel and @walthickey
Elizabeth A. Harris / New York Times:
Penguin Random House forms adult publishing division Crown Publishing Group, after its CEO and US CEO left and a judge blocked its Simon & Schuster acquisition — The country's largest publisher has had a rocky few months since a deal to buy a rival fell through, and some of its top executives left.
Discussion:
Publishers Weekly, @abuckslater and Publishing Perspectives
Amanda Silberling / TechCrunch:
CEO Jesse Dorogusker says Tidal will end its direct artist payouts program, which paid $500K since its 2021 launch, and use more funds to back emerging artists — The Block-owned music streaming service TIDAL is shifting the way it pays artists after an experimental program failed to generate results.
Discussion:
@jessedorogusker, @jessedorogusker, @jessedorogusker, @jessedorogusker and @jessedorogusker
Mitchell Clark / The Verge:
Memo: Dish CEO Erik Carlson tells staff that “certain data was extracted” in a cyberattack that has kept the company's systems down for days; DISH falls 5%+ — Dish has told employees that it's “investigating a cybersecurity incident” and that it's “aware that certain data was extracted” …
Discussion:
Deadline, CNBC, BleepingComputer, Light Reading, Neowin, TechCrunch, The Desk and Variety, more at Techmeme »
Melanie Goodfellow / Deadline:
Vice France EIC Paul Douard announces the Vice Media Group's French subsidiary will close “between now and the end of March”, affecting 30 employees in Paris — Vice France Editor-in-Chief Paul Douard has announced the closure of Vice Media Group's Paris-based French subsidiary in a tweet.
Discussion:
The Information and The Hollywood Reporter
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