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3:20 PM ET, February 13, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
Memo: Paramount starts layoffs to reduce costs; sources say ~800 employees, or an estimated 3% of its headcount, are getting cut across all divisions  —  Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs.
Selome Hailu / Variety:
Nielsen and Adobe Analytics: Super Bowl 2024 averaged 123.4M viewers across CBS and streaming services, making the game the most-watched US telecast ever  —  The Feb. 11 Super Bowl game between the Kansas City Chiefs and the San Francisco 49ers brought in an average of 123.4 million viewers …
Todd Spangler / Variety:
Memo: SiriusXM plans to cut ~160 jobs, or ~3% of its workforce, after laying off 475 employees, or ~8% of its workforce, in March 2023  —  SiriusXM is eliminating about 160 jobs, a move to cut expenses that represents a layoff affecting just under 3% of the satellite radio and audio streamer's workforce.
Georg Szalai / The Hollywood Reporter:
Q&A with Marc Jury, the CEO of African streamer Showmax, on doubling down on originals, working with Comcast, the appeal of the English Premier League, and more  —  Marc Jury discusses the appeal of the English Premier League, the challenges of serving 44 markets across sub-Saharan Africa …
Bloomberg:
A look at Adobe's careful adoption of AI, pushed by Dall-E and Midjourney, as it tries to differentiate its tools by emphasizing brand safety and IP protections  —  Dall-E and Midjourney pushed the Photoshop behemoth to develop Firefly, a suite of AI tools.  Will creatives get on board?
Matthew Keys / The Desk:
TVNewsCheck, which covers the TV broadcasting business, says it is suspending updates to its website and newsletters but will continue its events and webinars  —  TV NewsCheck, a popular online publication that covers the television broadcast industry, says it will temporarily stop publishing new articles …
Leo Schwartz / Fortune:
Source: DCG sold CoinDesk for between $70M to $80M in November 2023 after buying it for $500K in 2016  —  When CoinDesk published a suspicious balance sheet of Sam Bankman-Fried's trading firm in November of 2022, it set off a chain of events that would upend every corner of the crypto industry—including its own.
Chris Vallance / BBC:
The BBC says its iPlayer streaming service will stop supporting PC and Mac program downloads in March 2024, citing cost and low usage, but mobile is unaffected  —  The BBC's iPlayer streaming service is to end downloads for users who watch on desktop or laptop computers.
Reuters:
Thai police arrest journalists Nattaphol Meksobhon and Nattaphon Phanphongsanon over a story on an activist spray painting an anarchist symbol on a temple  —  Two Thai journalists have been arrested for their story about an activist spray painting an anarchist symbol and a symbol critical of …
Peter Beaumont / The Guardian:
Al Jazeera correspondent Ismail Abu Omar and photojournalist Ahmad Matar were seriously injured during an Israeli airstrike on northern Rafah in the Gaza Strip  —  Correspondent Ismail Abu Omar and photojournalist Ahmad Matar allegedly targeted by IDF  —  An Al Jazeera correspondent …
 
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 More News: 
Amanda Silberling / TechCrunch:
Music encyclopedia EveryNoise, which uses Spotify data, stopped updating after Spotify laid off the employee running the site in December, angering its fans
John Archer / Forbes:
Amazon Prime Video's basic ad tier, which US subscribers who didn't pay extra were downgraded to on January 29, doesn't support Dolby Vision HDR or Dolby Atmos
Brian Steinberg / Variety:
A look at Jon Stewart and Rachel Maddow's test to boost talk TV via Monday appearances; Vivvix: Daily Show had $39.9M in ad sales in 2022 vs. $129.1M in 2014
 Earlier Picks: 
Hanaa' Tameez / Nieman Lab:
Interviews with the four co-founders of 404 Media, who each own 25% of the tech news outlet, which they say is profitable six months after launch
Sarah Perez / TechCrunch:
Meta begins testing “today's topics” on Threads in the US, surfaced in the app on the Search page and in the For You feed, that can feature political content
Max Tani / Semafor:
Slate says 2023 was the most profitable year in its 27 year history, with revenue up 28% YoY through investments and growth in its podcasts and website
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple and OpenAI are preparing a major announcement of their partnership at WWDC; the new AirTag with a better chip is scheduled to arrive by mid-2025

Sam Altman / @sama:
Sam Altman says he is embarrassed that there was a provision about potential equity cancellation in exit docs, and OpenAI never took back anyone's vested equity

Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships
 
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