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5:20 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.
RELATED:
Jon Brodkin / Ars Technica:
Forbes' Cyrus Farivar and Poker.org's Haley Hintze face libel lawsuits from Bitcoin Latinum over their coverage of securities fraud lawsuits against the firm  —  Bitcoin Latinum angry about quotes from fraud lawsuit and Star Trek reference.  —  The cryptocurrency firm Bitcoin Latinum …
Discussion: Techdirt and Talking Biz News
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 …
Mark Stenberg / Adweek:
Axel Springer announces its first US leadership team, a 10-person group that includes Politico Europe co-founder Gabriel Brotman, a sign of its US ambitions  —  The 10-person cohort includes five new hires and points toward centralization  —  German media company Axel Springer announced …
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?
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 …
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.
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.
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 …
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: 
Leo Schwartz / Fortune:
Source: DCG sold CoinDesk for between $70M to $80M in November 2023 after buying it for $500K in 2016
Reuters:
Thai police arrest journalists Nattaphol Meksobhon and Nattaphon Phanphongsanon over a story on an activist spray painting an anarchist symbol on a temple
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Ashley Gold / Axios:
New York Gov. Kathy Hochul signs the RAISE Act into law; the AI safety bill's text was modified earlier to more closely resemble California's SB 53

Beatrice Nolan / Fortune:
Cursor-developer Anysphere acquires code review startup Graphite and says Graphite will continue operating as an independent product

Andrej Karpathy / karpathy:
2025 LLM Year in Review: shift toward RLVR, Claude Code emerged as the first convincing example of an LLM agent, Nano Banana was paradigm shifting, and more

 
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