Top News:
Alexandra Bruell / Wall Street Journal:
BuzzFeed News EIC Karolina Waclawiak says the outlet plans to publish more stories to boost profits, focus on viral topics, and pursue long-form investigations — ‘What we can control is how many stories we publish each day,’ BuzzFeed News editor in chief tells newsroom
Discussion:
@mikeisaac, @davidmackau, @brianstelter, @kausmickey, @annehelen, @sennettreport, @andrewmartonik, @thedeskdotnet, @jessicalessin, @nina_metz, @benryanwriter, @rdrv3, @mathewi, @mediaevan, @steveashleyplus, @alexbruell, @bsbonner, @jasonnark, @mzhemingway, @danbeucke, @mikeisaac, @tianathefirst, @tsuvik and @jeffjarvis@mastodon.social
Charlotte Klein / @charlottetklein:
Axios fires Tampa Bay reporter Ben Montgomery after he replied to a press release about a Governor DeSantis event, “This is propaganda, not a press release” — News: Axios fired @gangrey on Monday over this email https://twitter.com/...
Discussion:
@alexlanfran, @lansdallius, @thesarahkelly, @thesarahkelly, @thesarahkelly, @bfriedmandc, @_cingraham, @wajahatali, @mcbyrne, @bruce_arthur, @hemantmehta, @samthielman, @eric_jotkoff, @eric_jotkoff, @3fecta, @natalieweiner, @chuckrossdc, @samyoungman, @thesarahkelly, @lukeoneil47, @christinapushaw, @simonhernandez, @curtishouck, @kept_simple, @espiers, @theseantcollins, @russbengtson, @ggreenwald, @mjk_4mjk@mastodon.ie, @mobute, @helenkennedy, @theinsneider, @domdifurio, @karlbode, @anandwrites, @carigervin, @jeffpearlman, @sayssimonson, @christinapushaw, @bryandgriffin, @gangrey, @mattdpearce, Fox News and @justin_hart
Tim Baysinger / Axios:
Sources: Diamond expects to lose some MLB rights via bankruptcy but could retain, a source says, the sports rights for 16 NBA and 12 NHL teams the company owns — Diamond Sports Group expects to come out of its bankruptcy process with fewer teams' rights, with the cuts coming from its baseball roster …
Discussion:
The Athletic, Associated Press, @benverlander, @jeremydstanley, The Streamable, @kerrymflynn, UPI and @kerrymflynn
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Dietrich Knauth / Reuters:
Diamond Sports, which operates the Bally Sports channels, files for Chapter 11 bankruptcy in Texas, listing both assets and liabilities as between $1B and $10B
Discussion:
Business Wire, Insider, @ourand_sbj, Bloomberg, New York Post, Axios, CBS News, MediaPost, @adater, @claylepard, @tvgrimreaper, @ourand_sbj, @ourand_sbj, @loudmouthjulia, Barrett Media, @ourand_sbj, Deadline, MarketWatch and Sportico
Matthew Keys / The Desk:
Bankruptcy docs: Diamond Sports owes $1.8B to US Bank, $77.2M to Dolan Broadcast, $40.1M to DirecTV, $30.8M to Arizona Diamondbacks, $15M to Intelsat, and more
Discussion:
Sportico, @thedeskdotnet, @matthewkeyslive, Next TV, CNBC, The Hollywood Reporter and Awful Announcing, Thanks:@thedeskdotnet
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui with leading a conspiracy to defraud his online followers out of $1B+ and arrests him; the DOJ seizes $634M — The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating …
Discussion:
Justice News, New York Magazine, Semafor, CBS News, Insider, New York Daily News, ABC7, @davetroy, Wall Street Journal, @dirkschwenk, Associated Press, New York Post, @seth_hettena, @semafor, @mattgertz, @w7voa, @truefactsstated, @sdnynews, @therickwilson, @ewong, @zevshalev, The Daily Beast, @w7voa and emptywheel, more at Techmeme »
Michael J. Socolow / The Conversation:
While Americans across the political spectrum have a growing disdain for journalism, media criticism comprises an essential component of a vibrant democracy — Everyone seems to hate what they call “the media.” — Attacking journalism - even accurate and verified reporting - provides a quick lift for politicians.
Discussion:
Columbia Journalism Review, @reditlhabi, @risj_oxford, @michaelsocolow, @klerner, @jackshafer, @naomi_schalit, @niemanlab and Newhouse School …
Jennifer Maas / Variety:
Q&A with Vice Media co-CEOs Bruce Dixon and Hozefa Lokhandwala on Nancy Dubuc's exit, a potential sale and buyers, divesting assets like Refinery29, and more — But despite the newness of their current roles, Lokhandwala and Dixon are already well versed in the inner workings …
Discussion:
Adweek, @kerrymflynn and @kerrymflynn
Sahil Patel / The Information:
Sources: the NBA wants to triple its revenue from TV deals; Amazon is interested in the NBA rights but has no intention of overpaying for a multiyear package — The NBA is one of the most popular sports leagues in the world. It also has high hopes for squeezing far more money out of media outlets …
Discussion:
9to5Mac, @masasoncap, @sportstvratings, @sizpatel, @sizpatel, Barrett Media and @tiagodf
Jon Allsop / Columbia Journalism Review:
A journalists' union in Athens apologized for downplaying repeated warnings about Greece's rail system; some blame a larger deficit of accountability journalism — Two weeks ago, a passenger train and a freight train collided on the line between Athens and Thessaloniki, in Greece.
Discussion:
Agence France-Presse, @brunotersago, @lydiaemman, @risj_oxford, @ebersi, @cjr, @investigate_eu, @jon_allsop, @alohamoira, @cjr and Bloomberg
Ivan Mehta / TechCrunch:
Quora launches a $19.99/month tier for its chatbot app Poe, letting paying users chat with OpenAI's GPT-4 and Anthropic's Claude+ on iOS and Apple Silicon Macs — Yesterday, OpenAI unveiled its new GPT-4 model and competitor Anthropic unveiled its own ChatGPT competitor Claude.
Discussion:
Axios, more at Techmeme »
Sara Fischer / Axios:
Snap plans to begin publishing its guidelines for serving personalized Snapchat content after previously sharing them with publishing partners and some creators — Snapchat on Wednesday said it will begin publishing guidelines that detail what types of content gets algorithmically distributed in its app to users.
Discussion:
Snap Inc. and TechCrunch, more at Techmeme »
Chris Roush / Talking Biz News:
Fortune CEO Alan Murray told staff that pageviews grew 90% YoY in 2022 to 427M, syndication revenue grew 87% YoY, and social referral traffic grew 300% YoY — Fortune magazine CEO Alan Murray sent out the following to the staff on Wednesday: — Hello Fortune team!
Discussion:
@tvgrimreaper
Colin Mann / Advanced Television:
Aluma Insights: 50%+ of US subscribers to the top 16 SVODs view Netflix, Hulu, and Disney+ as essential and Epix Now, Apple TV+, and Peacock as least essential — New research from Aluma Insights finds two-thirds of US Netflix buyers view the service as indispensable to meeting household video needs.
Discussion:
The Streamable and MediaPost
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