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3:40 AM ET, January 10, 2024

Mediagazer

 Top News: 
Meg James / Los Angeles Times:
In a memo to staff, Los Angeles Times Executive Editor Kevin Merida announces he is stepping down on January 12, two-and-a-half years after joining the newsroom  —  Los Angeles Times Executive Editor Kevin Merida announced Tuesday that he was stepping down 2½ years after joining …
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Peter Kafka / Business Insider:
Source: the Los Angeles Times is looking at another round of cost-cutting this year, aiming to cut more than $10M from its budget  —  - Another billionaire is having a hard time with his newspaper.  — Jeff Bezos's Washington Post made big cuts — and Warren Buffett has given up on papers altogether.
Benjamin Mullin / New York Times:
Sources: Kevin Merida and the Soon-Shiong family clashed over his decision to ban journalists who condemned Israel's bombing of Gaza, 2024 budgeting, and more  —  Kevin Merida, who took over the job in 2021, said in an internal note that his last day would be on Friday.
Discussion: @benmullin
Press Gazette:
The Reuters Institute survey of news leaders: 48% say money from AI deals will be very little for any publisher, most will put more effort into WhatsApp, more  —  The Reuters Institute survey touched on AI pessimism, news avoidance and paywall success.  —  Less than half of news leaders feel confident …
Discussion: Decrypt and BuzzMachine
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Paul Linford / HoldtheFrontPage:
Chartbeat: in 2023, aggregate traffic to news and media sites from Facebook fell 48% YoY, traffic from X fell 27%, and traffic from Instagram fell 10%  —  A new report has revealed that traffic to news sites from Facebook plummeted by nearly half in 2023 with publishers fearing further falls in the next 12 months.
Nic Newman / Reuters Institute:
Survey of 314 news leaders from 56 countries: just 47% say they are confident about journalism's 2024 prospects; 63% worry about declining social media traffic
Bron Maher / Press Gazette:
Carbon Brief: UK newspapers published 42 editorials opposing climate action in 2023, ~3x more than before in a single year and mostly from right-leaning titles  —  Carbon Brief analysis shows apparent link between Rishi Sunak's net zero policy and newspaper columns.
Discussion: New Jersey Online
Dylan Smith / Digital Music News:
ERA: UK music sales grew 9.6% YoY to £2.22B in 2023, the highest since 2001, with £1.87B from streaming; CD sales grew for the first time in two decades, up 2%  —  Following the across-the-board implementation of music streaming price increases, UK subscription revenue rose nearly 10 percent year …
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch could cut 500 employees, or about 35% of its staff, as soon as Wednesday amid concerns over losses at Twitch and after several top execs left  —  Move is designed to stem losses after two rounds of layoffs last year.  —  Amazon.com Inc.'s livestreaming site Twitch is poised …
Thomas Germain / Gizmodo:
X suspended several podcasters and journalists, including The Intercept's Ken Klippenstein and Texas Observer's Steven Monacelli, with little to no explanation  —  Elon Musk's “free speech” social media platform banned a number of accounts recently critical of Israel.
Josh Kosman / New York Post:
Source: MLB rejected a ~$150M investment by Amazon to bail out bankrupt Diamond Sports because Amazon wanted a streaming deal for more than one year  —  Major League Baseball rejected a proposed roughly $150 million lifeline extended by Amazon to the nation's largest regional sports network …
@hou_landing:
Houston Landing, a nonprofit, digital-only news outlet, is parting ways with its EIC Mizanur Rahman; Rahman says he was fired and was not given a clear reason  —  We have come a long way since we launched last year. With growth comes change. Today we part ways with our editor-in-chief Mizanur Rahman. We are thankful to Mizanur for putting his talent and heart into this organization and ensuring we have everything we need to serve Houston. [image]
Bloomberg:
Sources: Zee misses a deadline to pay $200M to Disney's India unit for cricket TV rights, citing a cash crunch; Zee agreed to pay $1.4B+ in August 2022  —  - Payment was part of a $1.4 billion cricket rights purchase  — Network is saving cash ahead of likely collapse of its merger
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 More News: 
Gene Maddaus / Variety:
SAG-AFTRA signs a deal with AI voiceover company Replica Studios, requiring consent to create voice replicas for use in video games and safe storage of assets
Sara Fischer / Axios:
On Wednesday, CNBC plans to launch a $99 paid course on job interviewing, its first, part of a new educational venture developed by its “Make It” franchise
Discussion: Talking Biz News
Alex Weprin / The Hollywood Reporter:
X announces exclusive original programming and content deals, including shows hosted by Don Lemon, former Fox Sports host Jim Rome, and Tulsi Gabbard
Sara Fischer / Axios:
Fox Corp. debuts Verify, a blockchain protocol developed with Polygon Labs for media companies to register content and grant usage rights to AI companies
 Earlier Picks: 
Julie Jargon / Wall Street Journal:
Meta plans to start automatically restricting teen Instagram and Facebook accounts from harmful content, including posts about self-harm, in the coming weeks
The Guardian:
Memo: Channel 4 Chair Ian Cheshire says the government-approved appointments of four white directors to the broadcaster's board lag behind its diversity targets
Mia Sato / The Verge:
How the internet reshaped itself around Google's search algorithms, including via SEO tricks, and the company's role in many websites now using similar designs