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9:10 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:
Wall Street Journal:
Sources: Pete Distad, who was in charge of Apple's video and sports businesses, is among the top CEO candidates for the Disney/Fox/WBD streaming venture  —  Planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package
Discussion: The Desk and @dylanbyers
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 …
Sarah Perez / TechCrunch:
Flipboard has launched more than 1,000 of its social magazines in the fediverse, allowing users to find the magazines via federated social apps like Mastodon  —  The fediverse just got a little bigger today as Flipboard has now launched over 1,000 of its social magazines across the decentralized social web …
Discussion: Flipboard
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?
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 …
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.
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 …
 
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 More News: 
Leo Schwartz / Fortune:
Source: DCG sold CoinDesk to crypto exchange Bullish for between $70M and $80M cash in November 2023, after acquiring the publication for $500K in January 2016
Ernesto Van der Sar / TorrentFreak:
A US judge says OpenAI must face a claim of violating CA unfair competition law by using copyrighted books, but dismisses some claims like DMCA violations
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
Reuters:
Thai police arrest journalists Nattaphol Meksobhon and Nattaphon Phanphongsanon over a story on an activist spray painting an anarchist symbol on a temple
 Earlier Picks: 
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
 

 
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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