Top News:
Reuters:
Alphabet reports Q4 Google advertising revenue up 11% YoY to $65.5B, vs. $66.1B estimated, with Google Search & other revenue up 13% YoY to $48B — Alphabet (GOOGL.O) disappointed Wall Street on Tuesday as holiday season advertising sales came in below expectations and overshadowed …
Discussion:
Reuters, TVNewsCheck, MarketWatch, @thetranscript_ and TechCrunch, more at Techmeme »
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Todd Spangler / Variety:
Alphabet CEO says its digital subscription services, including YouTube Premium and YouTube TV, are on a $15B annual revenue run rate, up fivefold since 2019 — Alphabet's suite of digital subscription services — including YouTube Premium, YouTube Music, YouTube TV and Google One cloud storage …
Discussion:
@xpangler, more at Techmeme »
Dade Hayes / Deadline:
Google Chief Business Officer says “YouTube TV is doing well”, and the company is “closely looking” at an international expansion of YouTube TV — Google execs are actively considering an international expansion of pay-TV service YouTube TV, Chief Business Officer Philipp Schindler …
Discussion:
The Desk, @tvgrimreaper, The Streamable and Business Insider
Todd Spangler / Variety:
Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms — UMG said that its agreement with TikTok is set to expire on Jan. 31. “The companies have not agreed to terms for a new agreement …
Discussion:
UMG, Billboard, The Wrap, Financial Times, Universal Music Group N.V., @annaknicolaou, The Music Network, @jamesrbuk, @broderick, @broderick, @umg, @runciedan and @xpangler, more at Techmeme »
Sara Fischer / Axios:
Minute Media, owner of The Players' Tribune, raised “tens of millions”, per its CEO, at a $1B+ valuation, and bought sports streaming service STN Video — Minute Media, the parent company to sports and entertainment sites like The Players' Tribune and Mental Floss …
Discussion:
@simondowens@threads.net, BetaKit, Minute Media and @kendallbaker
The New York Times Company:
The New York Times introduces a new format to its byline pages, called enhanced bios, highlighting journalists' expertise and ethics, how they operate, and more — The New York Times is introducing a new format to its byline pages. — Our journalists are what set The New York Times apart.
Discussion:
@jayrosen_nyu, @jayrosen_nyu, @mattwelch, @andrew_marshall, @nytimespr, @froomkin, @froomkin, @edmundlee, @talmonsmith, @mjnblack and @glenngabe
Emilia David / The Verge:
The NYT starts hiring for a team that will explore the use of generative AI in the newsroom “to help with reporting and how the Times is presented to readers” — The New York Times will begin building a team to explore the use of generative AI in its newsroom.
Discussion:
The Messenger, @technicallymims@threads.net, @palewire, @zseward@threads.net, @chris@threads.net and @palewire
Sara Fischer / Axios:
The Ankler hires David Lidsky as executive editor and signs a deal to bring Ankler reporting to LAist's radio station, website, and social media accounts — The Ankler, the entertainment media startup from veteran Hollywood editor Janice Min and insider columnist Richard Rushfield …
Discussion:
David Lidsky on LinkedIn, The Ankler and Janice Min on LinkedIn
Bloomberg:
Sources: Nelson Peltz's Trian plans to publish its recommendations for Disney, including bundling ESPN+ with a larger player interested in sports, like Netflix — Peltz's Trian Fund Management LP will publish a so-called white paper detailing its investment thesis and recommendations …
Discussion:
@tim_bays, @aagave, The Streamable, The Messenger, Cord Cutters News and Observer
Matthew Kish / Oregonian:
The Oregonian plans to appeal a court order to not publish info from docs that a lawyer accidentally sent it, saying prior restraint goes against 1A — A federal judge on Friday ordered The Oregonian/OregonLive not to publish information from documents it obtained last week from an attorney …
Mark Stenberg / Adweek:
Memo: TechCrunch plans to wind down TC+, its paid subscription product launched in 2019 as ExtraCrunch, and lays off ~8 employees, amid media industry-wide cuts — The Yahoo-owned publisher first launched TC+ in 2019 — Technology publisher TechCrunch laid off around eight staff members Monday …
Discussion:
The Wrap, @etherington, @harriblogs, @mjburnsy, Ken Y. on LinkedIn, @fredericl@threads.net, @panzer, @morgan_sung, @bayareawriter, @thekenyeung@threads.net, @mjburnsy, @martinsfp@threads.net, @catherineshu, @rafat, @lorenzofb, @markstenberg3@threads.net, @zackwhittaker@mastodon.social, @zackwhittaker@mastodon.social, @zackwhittaker@mastodon.social, @patrickcmiller@infosec …, @zackwhittaker@mastodon.social and Talking Biz News, more at Techmeme »
Meg James / Los Angeles Times:
The Los Angeles Times Interim Executive Editor Terry Tang names Hector Becerra as the paper's managing editor; Becerra joined The Times in 1999 — Veteran Los Angeles Times journalist Hector Becerra has been named managing editor of the newspaper. — Interim Executive Editor Terry Tang announced …
Discussion:
Los Angeles Times, The Wrap, Talking Biz News, @longdrivesouth, @shelbygrad, @stevepadilla2 and @teresawatanabe
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