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11:20 AM ET, January 10, 2024

Mediagazer

 Top News: 
The Verge:
Twitch CEO Dan Clancy confirms plans to cut 500+ jobs, or 35% of its staff, and says the workforce was oversized for its current position, after March 2023 cuts  —  Twitch is laying off more than 500 employees, Twitch CEO Dan Clancy announced this morning, reportedly accounting for around 35 percent of its staff.
RELATED:
Alex Weprin / The Hollywood Reporter:
Internal memo: Amazon Studios SVP Mike Hopkins says “several hundred roles” are being cut in its Prime Video and MGM Studios units; both had cuts in early 2023  —  Mike Hopkins announced the cuts Wednesday.  —  Amazon is cutting hundreds of jobs in its Prime Video and MGM Studios division.
Maria Sherman / Associated Press:
Luminate's 2023 report: the global music industry passed 4T streams in 2023, a new record and up 34% from 2022; Taylor Swift had one in every 78 US streams  —  Listened to more music last year?  You're not alone.  —  The global music industry surpassed 4 trillion streams in 2023 …
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
RELATED:
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
RELATED:
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
The Guardian:
An armed gang stormed Ecuador's TC Televisión during a live broadcast, after Ecuador's president declared a state of emergency; all the gunmen were arrested  —  Gangsters unleashed wave of terror following move by President Daniel Noboa in response to gang leader's prison escape
Hanaa' Tameez / Nieman Lab:
A look at Brazilian fact-checking org Aos Fatos' bot FátimaGPT, which pairs an LLM with its archives to answer questions on WhatsApp, Telegram, and the web  —  “Instead of giving a list of URLs that the user can access — which requires more work for the user — we can answer the question they asked."
Georg Szalai / The Hollywood Reporter:
The British Film Institute names Jay Hunt, the creative director for Apple TV+ in Europe, as its chair for a four year term starting on Feburary 16  —  She serves as creative director for Apple TV+ in Europe.  —  Jay Hunt, the creative director for Apple TV+ in Europe …
Discussion: Variety
Anton Wilen / Bloomberg:
Swedish streaming service Viaplay avoids bankruptcy after getting approval to recapitalize, as part of which Canal+ and Czech PE firm PPF will get a 58.6% stake  —  Swedish streaming service Viaplay Group AB has stepped back from the brink of bankruptcy after getting approval for a rescue plan …
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: Carbon Brief and 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 …
 
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 More News: 
@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
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
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
 Earlier Picks: 
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
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