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9:15 AM ET, April 28, 2023

Mediagazer

 Top News: 
Raisa Patel / Toronto Star:
Canada's Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them  —  Bill C-11 was introduced early last year in an attempt to subject streaming giants like Netflix, Disney Plus …
Jim Waterson / The Guardian:
Richard Sharp resigns as BBC chair after months of mounting pressure over his role in helping Boris Johnson get a loan and handling of the Gary Lineker row  —  Investigation says Sharp broke rules on public appointments, creating ‘potential perceived conflict of interest’
Ellen Huet / Bloomberg:
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022  —  Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday.
Paul Farhi / Washington Post:
Photos of President Biden holding a notecard previewing a reporter's question reveal the long-standing practice of stage-managing presidential news conferences  —  President Biden was photographed holding a note card Wednesday, revealing the stage managing behind many political media events
Wall Street Journal:
Vice plans to end Vice News Tonight on May 25 and fold the Vice World News brand into Vice News; source: 100+ jobs out of a total of 1,500 employees will be cut  —  Embattled media company has been looking to sell itself for several months  —  Vice Media said it was restructuring its global news operation …
Russell Brandom / Rest of World:
Since Elon Musk's takeover, Twitter has received 971 government orders globally and has fully complied with 808, an 83% compliance rate, vs. ~50% before Musk  —  The company has not refused a single request since Musk took ownership, according to self-reported data
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians' songs on the platform  —  TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …
Carmel Dagan / Variety:
Jerry Springer, the former news anchor and mayor who presided over the controversial and profitable talk show bearing his name for over two decades, dies at 79  —  Jerry Springer, the former Cincinnati news anchor and mayor who came to preside over the controversial and extremely profitable talk show bearing …
Gavin J Blair / The Hollywood Reporter:
Sony Pictures reports FY 2021 operating income down 45% YoY to $894M, as revenue fell by $851M, and a Q4 profit of $119M on revenue of $2.71B  —  Sony's movie division was hurt by a lack of big hits and one-off gains, while music and sensors businesses continue to thrive.
Ashley Carman / Bloomberg:
On earnings calls, Spotify's Daniel Ek says generative AI should lead to more music creation but, like UMG's Lucian Grainge, raises copyright concerns  —  Hello and welcome back to Soundbite.  Today we have a grab bag of news.  As always, if you have something to share, reach me through email …
Matthew Keys / The Desk:
Sinclair is replacing local newscasts at Toledo's WNWO and Southern Oregon's KTVL with The National Desk, and laying off their entire newsrooms  —  Sinclair Broadcast Group is pulling local news from its Toledo NBC affiliate, a move that was described as a way to “ensure our long-term success.”
Discussion: OPB and FTVLive, Thanks:@matthewkeyslive
 
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 More News: 
Peter White / Deadline:
Scott Greenberg, co-founder and CEO of Fox-owned animation studio Bento Box Entertainment and CEO of Fox's Blockchain Creative Labs, is leaving on May 19
Discussion: Variety and The Wrap
Annie Palmer / CNBC:
Amazon reports Q1 ad revenue up 21% YoY to $9.5B, vs. $9.1B est., subscription revenue up 15% YoY to $9.7B, and North America segment sales up 11% YoY to $76.9B
Sara Fischer / Axios:
BuzzFeed CEO Jonah Peretti plans to significantly increase content from “highly curated” independent creators and introduce a creators' residency program
Darrell Etherington / TechCrunch:
Meta says time spent on Instagram has grown 24%+ since Reels launched; the company reports Q1 revenue up 3% YoY to $28.6B and net income down 24% YoY to $5.7B
 Earlier Picks: 
Washington Post:
Sources: Illinois Republican campaigns used a private portal in 2022 to pitch stories, shape coverage, and view analytics for Brian Timpone's local news network
Jeremy Barr / Washington Post:
CNN replaces John King with Dana Bash as the host of Inside Politics, the first time she will host her own daily show after nearly 30 years at the network
Zack Sharf / Variety:
In an April 26 video, Tucker Carlson issued a vague statement about “how unbelievably stupid most of the debates” on TV are and that “true things prevail”
Lillian Rizzo / CNBC:
Comcast reports Q1 revenue down 4% YoY to $29.7B, net income flat at $3.9B, and media revenue down 2% YoY to $6.2B; Peacock had 22M subscribers and lost $704M