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11:55 AM ET, January 30, 2024

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 Top News: 
The Information:
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin  —  When TikTok creators start a livestream to chat about their new favorite hairbrush, dog toy or cleaning product, they're usually doing so from a setup in their own home.
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Daniel Thomas / Financial Times:
Sources: Sky is planning to cut about 1,000 jobs across its business in the UK, as more customers switch from satellite to digital-only; Sky employs ~27K people  —  Broadcaster set to talk in coming weeks to staff in teams that could be affected  —  Sky is planning to cut about 1,000 jobs across …
Daniel Thomas / Financial Times:
Andrew Goudsward / Reuters:
The US sentences IRS contractor Charles Littlejohn to five years in prison for leaking the tax returns of Donald Trump and other Americans to media outlets  —  A former U.S. Internal Revenue Service contractor was sentenced on Monday to five years in prison for leaking the tax records …
Theo Francis / Wall Street Journal:
Reed Hastings donates $1.1B worth of his Netflix shares, or ~40% of his stake, to the Silicon Valley Community Foundation, a popular charity among tech founders  —  Reed Hastings donates to foundation with $10 billion in assets after gifts from Mark Zuckerberg and other tech founders
Michael Hardy / Texas Monthly:
A look at the decline of Austin American-Statesman, as Gannett steadily slashes staffing and budgets despite the paper winning a Pulitzer for Uvalde reporting  —  Since taking over the American-Statesman in 2019, Gannett has steadily slashed staffing and budgets.
Mark Stenberg / Adweek:
Memo: TechCrunch plans to wind down TC+, its paid subscription product launched in 2019 as ExtraCrunch, and lays off ~8 staffers, part of a larger restructuring  —  The Yahoo-owned publisher first launched TC+ in 2019  —  Technology publisher TechCrunch laid off around eight staff members Monday …
Nathan Wilk / OPB:
The Eugene Weekly plans to return to print on February 8, rehiring essential staff after $150K in donations, following an alleged embezzlement in December 2023  —  The Eugene Weekly is planning to return to print Feb. 8, as it continues its recovery following an alleged embezzlement.
Bloomberg:
Sirius XM acquires rights to SmartLess, a podcast by Will Arnett, Jason Bateman, and Sean Hayes, sources say for $100M+; Amazon previously paid $60M-$80M  —  - The popular interview program has spent three years at Amazon  — Actors Will Arnett, Jason Bateman and Sean Hayes host the show
Christopher Kuo / New York Times:
Ukraine's foreign ministry criticizes HBO for casting Milos Bikovic in The White Lotus' season three, saying without evidence the Serbian actor supports Russia  —  On social media, Ukraine's foreign ministry posted clips of the Serbian actor Milos Bikovic receiving a medal for cultural achievement from Vladimir Putin in 2018.
Georg Szalai / The Hollywood Reporter:
Channel 4 plans to lay off 18% of its staff, impacting ~200 jobs and closing ~40 unfilled roles, to become a “digital-first public service streamer by 2030”  —  “Channel 4 was designed to be ahead of the curve and has never stood still,” says CEO Alex Mahon.
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Max Goldbart / Deadline:
Memo: Channel 4 plans to merge commissioning departments, including TV drama and film, leave a London premises, and more, part of a five-year Fast Forward plan
 
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 More News: 
Sarah Perez / TechCrunch:
Plex raised new funding, larger than the $50M funding it raised in 2021, and expects to be profitable by the end of 2024
Chris Roush / Talking Biz News:
Bloomberg starts providing AI-generated summaries of companies' earnings calls on its terminal; the company has more than 310,000 subscribers to its terminal
Charlotte Tobitt / Press Gazette:
An interview with Mail Online executives on rolling out its new £4.99 per month Mail+ tier to all UK users, the £12.99 per month Mail+ Editions app, and more
Katie Campione / Deadline:
Nielsen: Ted Lasso was the most-watched streaming original in 2023, at 16.9B minutes, despite Apple TV+'s small footprint, followed by Netflix's The Night Agent
 Earlier Picks: 
Suzanne Vranica / Wall Street Journal:
Amazon expects Prime Video's average hourly ad load to be 2 to 3.5 minutes, below traditional TV and most streaming services, and to reach 159M monthly viewers
Kyle Orland / Ars Technica:
In response to the George Carlin estate's lawsuit, Dudesy says its YouTube video and podcast with an “AI” George Carlin were “created by two human beings”
Wall Street Journal:
How Penguin Random House started actively challenging the removal of books from US school libraries, including through an “Intellectual Freedom” task force