Top News:
Charlotte Klein / @charlottetklein:
Axios fires Tampa Bay-based reporter Ben Montgomery after he replied to an email 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, Talking Points Memo, Washington Post, The Desk, The Wrap, @katzonearth, Florida Politics, Fox News, HuffPost, @gangrey, Creative Loafing Tampa Bay, Mediaite, @lighttweeting, @hunterw, @hunterw, @hunterw, @laurarbelin, @bfriedmandc, @dellcam, @jeffreyasachs, @ashtonpittman, @rcohen, @cjciaramella, @mobute, @natalieweiner, @sayssimonson, @bruce_arthur, @chuckrossdc, @donmoyn, @samyoungman, @helenkennedy, @thesarahkelly, @samthielman, @jeffpearlman, @dcwoodruff, @mjk_4mjk@mastodon.ie, @eric_jotkoff, @bfriedmandc, @kept_simple, @thor_benson, @kevinrns@mstdn.social, @justin_hart, @christinapushaw, @carigervin, @wajahatali, @bryandgriffin, @espiers, @tvietor08, @thesarahkelly, @lansdallius, @thesarahkelly, @christinapushaw, @theinsneider, @theseantcollins, @jeffjarvis, @anandwrites, @donmoyn, @3fecta, @mpdillon, @mattdpearce, @simonhernandez, @thesarahkelly, @domdifurio, @eric_jotkoff, @_cingraham, @curtishouck, @lukeoneil47, @hemantmehta, @mcbyrne, @russbengtson, @ijbailey, @karlbode, @ggreenwald and Fox News
Alexandra Bruell / Wall Street Journal:
BuzzFeed News EIC Karolina Waclawiak says that to get to profitability, the outlet plans to publish more, focus on resonating topics, and pursue investigations — ‘What we can control is how many stories we publish each day,’ BuzzFeed News editor in chief tells newsroom
Discussion:
Simon Owens's Media Newsletter, @mikeisaac, @davidmackau, @brianstelter, @sennettreport, @thedeskdotnet, @kausmickey, @mediaevan, @jessicalessin, @andrewmartonik, @nina_metz, @mathewi, @steveashleyplus, @benryanwriter, @editorialiste, @alexbruell, @bsbonner, @rdrv3, @jasonnark, @mzhemingway, @danbeucke, @mikeisaac, @tianathefirst, @annehelen, @tsuvik and @jeffjarvis@mastodon.social
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui, tied to GTV Media, with defrauding 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, abc7NY, The Hill, ABC News, Semafor, New York Times, Observer, Talking Points Memo, Law & Crime, Daily Mail, El País, CoinDesk, CBS News, @seth_hettena, @semafor, @dirkschwenk, @mattgertz, @w7voa, @davetroy, @truefactsstated, Wall Street Journal, @sdnynews, Insider, Bloomberg, @therickwilson, New York Magazine, @rvawonk, @ewong, ABC7, @zevshalev, The Daily Beast, New York Daily News, Politico, New York Post, UPI, @w7voa, @reichlinmelnick, @jmichaelwaller 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 …
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:
Awful Announcing, ESPN, The Athletic, @benverlander, @jeremydstanley, @kerrymflynn, @kerrymflynn, UPI, The Streamable and Associated Press
RELATED:
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, @ourand_sbj, Bloomberg, Axios, Insider, MediaPost, CBS News, New York Post, @adater, @claylepard, @tvgrimreaper, @ourand_sbj, @ourand_sbj, Barrett Media, @loudmouthjulia, @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
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 and @kerrymflynn
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:
@brunotersago, @lydiaemman, @risj_oxford, @ebersi, @cjr, @investigate_eu, @jon_allsop, @alohamoira, @cjr, Agence France-Presse and Bloomberg
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:
UPI, @sizpatel, 9to5Mac, @masasoncap, @sizpatel, @sportstvratings, @tiagodf and Barrett Media
Financial Times:
With the “easy money” era over, Disney CEO Bob Iger wants to bring focus to the company, which could mean selling its Hulu stake or an ESPN investment or sale — Since Bob Iger's second term as Disney chief executive started in November, some of America's most prominent media executives …
Discussion:
@kerrymflynn and Puck
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:
Mumbrella, 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
Ingrid Lunden / TechCrunch:
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, using GPT-3.5 — Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform …
Discussion:
The Verge, @ediggs, Gizmodo and Wired, more at Techmeme »
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