Top News:
Chloe Berger / Fortune:
The NYT faces criticism for its sympathetic Elizabeth Holmes profile, which glossed over the potentially massive consequences of her fraud — Elizabeth Holmes, the former entrepreneur who was convicted of one of the biggest frauds in business history, swapped out her trademark black turtleneck …
Discussion:
New York Times, New York Post, @drvolts, Jezebel, @albertburneko, @predamame, @dericsayers, @riddle_lincoln, @alexludoboyd, @greyladiesnyc, @gmacofglebe, @morgannaanna, @vprasadmdmph, @eghosao, @jewtastic, @jaycaruso, @dylanlyons91, @ormainy, @jennifersey, @profanalytics, @chrisspangle, @djnyc1, @sambgrover, @dpmcanty, @iamdanlevey, @nytimes, @johnffarrell, Defector, @wolfrum, @daviesbj, @corygiger, @meghanmccain, @pinguicha, Poynter, Insider, New York Post, @parismarx@mastodon.online, Boing Boing, @jayrosen_nyu@mastodon.social, @jeffjarvis@mastodon.social, The Independent and Slate
Axios:
Sources: NBCUniversal is finalizing a settlement with CNBC's Hadley Gamble, who is leaving the company and whose complaint led to CEO Jeff Shell's firing — NBCUniversal is finalizing a settlement with CNBC senior international correspondent Hadley Gamble, sources tell Axios.
Discussion:
New York Times, Variety, Mediaite, Los Angeles Times, CNN, The Wrap, The Desk, Talking Biz News, Deadline, @sarafischer, The Hollywood Reporter, New York Post and The Daily Beast
NBC News:
A jury finds Donald Trump liable for sexually abusing and defaming writer E. Jean Carroll, awarding her $5M in her civil suit, but rejects her rape claim — Carroll sued the former president, accusing him of battery over an alleged rape in the 1990s and of defamation for calling her account a “hoax.”
Discussion:
The Hill, Variety, The Wrap, New York Times, The Hill, Gizmodo, New Republic, New York Daily News, Politico, New York Post, TMZ.com, Vanity Fair, Washington Post, Al Jazeera, CBS News, The Hollywood Reporter, The 19th, Jezebel, The Daily Beast, Daily News, Associated Press, Metro.co.uk, Semafor, The Guardian and PBS NewsHour
Jennifer Maas / Variety:
AMC Networks Q1: revenue up 0.7% YoY to $717M, operating income down 0.8% YoY to $173M, US ad sales down 20% YoY; streaming subs fell to 11.5M from 11.8M in Q4 — This drop in subs follows a slight increase of 700,000 paid streaming customers between Q3 and Q4 of last year.
Discussion:
Ad Age, @davidpoland, The Streamable, Bloomberg, The Hollywood Reporter, The Wrap, The Hollywood Reporter, Next TV and Media Play News
Jennifer Maas / Variety:
MTV News is shutting down, as Showtime, MTV Entertainment Studios, and Paramount Media Networks lay off about 25% of their employees in the US — Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday …
Sara Fischer / Axios:
Crypto outlet Blockworks raised $12M at a $135M post-money valuation led by 10T Holdings to further develop its nascent research and data analytics offering — Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million at a $135 million post-money valuation …
Discussion:
Talking Biz News, @defi_dad, CoinDesk, @bradydale, @jasonyanowitz and @rafat
J. R. Moehringer / New Yorker:
The ghostwriter of Prince Harry's memoir Spare on becoming a ghostwriter, gaining a new perspective on the tabloids after the UK media covered him, and more — Collaborating on his memoir, “Spare,” meant spending hours together on Zoom, meeting his inner circle, and gaining a new perspective on the tabloids.
Aisha Malik / TechCrunch:
Meta tests paying Facebook creators based on public Reels' performance, instead of ad earnings, and plans to roll out payouts to Instagram in the coming weeks — Meta is testing a new payout model for its Ads on Reels monetization program that pays creators based on the performance of their public Reels …
Discussion:
Facebook, Bloomberg and Meta, more at Techmeme »
Katie Robertson / New York Times:
Former Fox News producer Abby Grossberg voluntarily dismisses one of her lawsuits against the network; her lawyer says she intends to refile in the coming weeks — The lawsuit, brought by Abby Grossberg, accused the cable network of pressuring her to lie in a deposition.
Adi Robertson / The Verge:
How Something Awful plans to archive millions of Imgur images by May 15, the deadline for Imgur deleting nudity, porn, and “old, unused, and inactive content” — A long-running web community enlisted its goons to stop an Imgur extinction event.
Discussion:
@additionaltext and @sa__moment, more at Techmeme »
Anna Nicolaou / Financial Times:
Source: Spotify removed ~7% of tracks uploaded by AI music startup Boomy, or “tens of thousands” of songs, over a suspicion of bots posing as human listeners — Platform cracks down on bots posing as listeners as flood of content rattles music industry
Alex Weprin / The Hollywood Reporter:
Fox Corp. reports Q3 revenue up 18% YoY to $4.08B and a $50M loss, primarily due to the Dominion settlement; ad revenue rose 43% YoY 1.86B due to the Super Bowl — The Super Bowl helped Fox's advertising revenue improve by 43%. — The high-profile settlement between Fox Corp …
Discussion:
Adweek, The Desk, CNN, The Guardian, Los Angeles Times, Ad Age, Mediaite, The Wrap, Financial Times, TVNewsCheck, The Hill, CNBC, MediaPost, New York Times, Wall Street Journal, NPR, Billboard, Front Office Sports, Deadline and Media Play News
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