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Vice leadership failed to act as responsible stewards of a good product, and instead paid themselves lavish salaries and burned through hundreds of millions — Vice was a good website. On Thursday it was killed by its private equity owners, in a characteristically cruel and sudden maneuver …
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Pluralistic, @doctorow, @sorayamcdonald@threads.net, @doctorow, @doctorow, @jason, @doctorow, @jeremymbarr, @davidclinchnews, @tvgrimreaper, @mjgault, @ninastarner, @adamjkovac, @sarahscire, @sharonwaxman, @nick_kapur, @nina_metz, @juliaccarpenter, @defectormedia, Slate, MobileSyrup, @quillmatiq@threads.net, Ian Greenleigh on LinkedIn, Gail J. Cohen on LinkedIn, 404 Media, @KarlBode@masto.ai and @jswatz.bsky.social
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Internal memo: Vice Media “will no longer publish content on vice.com” and may partner with established media companies to distribute its content
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One Man & His Blog, @janusrose, Slate, @broderick, Kevin Mercuri on LinkedIn, @felixsalmon, Business of Fashion, CNN, Nicholas Yanes on LinkedIn, @maxwelltani, @maxwelltani@threads.net, @neuwaves, @annamerlan, Nieman Lab, Dylan Harari on LinkedIn, @tati_wm, @scottnover, TVNewsCheck, @elaheizadi, @ameliargh, @lorenzofb, @bcmerchant, @katiedrumm, @katiedrumm, @bcmerchant, @motherboard, @benmullin, @maxwelltani, @timmarchman, @rumpfshaker, @theloniusly, Press Gazette, @leximcmenamin, Variety, Awful Announcing, The Guardian, Rolling Stone, @stefthepef@mastodon.social, Deadline, @karlbode.bsky.social, Talking Biz News, @BenjaminHCCarr@hachyderm.io and Mediaite

Internal memo: Vice Media executives plan to lay off hundreds of its 900+ employees over the next week, and the company is in advanced talks to sell Refinery29
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@lmatsakis, @jason_koebler, @karenkho, @megreenwell, @scottnover, @adamm0rgan, @chronotope, Deadline, CBS News, CMU, @misstessowen, @daithaigilbert, @maxwellstrachan, The Verge, CNN, Raw Story, Newser, Media Voices, UPI, hellgatenyc, Sydney Morning Herald, Washington Post, Rachel White on LinkedIn, HuffPost, The Desk, @soupsoup@threads.net, @emilybellnyc@threads.net, @dkiesow@threads.net, @emilybellnyc@threads.net, New York Daily News, The Hill, @blogdiva@mastodon.social, The Wrap, @skullwizard.bsky.social, MediaPost and Hollywood Reporter


A preview of the NetChoice cases to be argued at SCOTUS on February 26, about the constitutionality of Texas and Florida laws regulating social media content — The ruling could impact other publishing industries and future social media regulation. … Social media companies have long …
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The New York Review of Books, @lauren_feiner, Associated Press, Slate and Fast Company, more at Techmeme »


NPR affiliate WAMU is shutting down local news site Dcist and laying off 15 employees to focus on audio and plans to add 10 new positions — - “We're making the choice to invest in what we're better at than anyone else in this town, and that's audio,” Pulley-Hayes said.
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@wemakewamu, Washington Post, Coleen O'Lear on LinkedIn, @eleanornorton, @wesleylowery, Armando Trull on LinkedIn, @coop_rebecca, @jwhitepubradio, @floorcharts, @tamarakeithnpr, @robertwhite_dc, @wemakewamu, @jfkucinich, @elaheizadi, @jasonshevrin, @emma_a_whitford, @maustermuhle, @maustermuhle, @emmasarappo, @nicdawes, @digiphile, @digiphile, @maustermuhle, @jbenton, @ckrewson, @jeffjarvis@threads.net, @elaheizadi, Inside Radio, The Hill, @abeaujon@threads.net, Current, Benjamin Freed on LinkedIn, Andi McDaniel on LinkedIn, Sara Fischer on LinkedIn, @jenhoward.bsky.social and The Wrap


A look at possible effects of Walmart's Vizio purchase: a negative impact on Roku, for whom Walmart is a big retail partner, and Vizio's data unit shutting down — Big box bucks — Together with … Tuesday's news that Walmart is acquiring Vizio for $2.3 billion has the potential …
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Forbes, Fast Company and Wall Street Journal


Three years after Spotify's original announcement that it would launch a higher-quality audio subscription, the company has yet to roll out the feature — I was really hoping I wouldn't have to do this again. Last year, it seemed like there was no reason to believe Spotify would ever roll …


WBD reports Q4 revenue down 7% YoY to $10.3B, adjusted EBITDA down 5% YoY to $2.5B, 97.7M global streaming subscribers, and a $103M streaming profit for 2023 — The owner of the TNT and TBS cable networks,. the Warner Bros. studio and the Max streaming service reported a loss of $400 million …
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Forbes, The Wrap, The Hollywood Reporter, @royprice, @lucas_shaw, @picklemaddierix, @jbflint, @richlightshed, @jbflint, CNBC, @lmoses, The Desk, The Wrap and Warner Bros. Discovery
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Cord Cutters News lays off EIC Roger Cheng, who joined in July 2023, and two staff writers, as the outlet plans to focus more heavily on its YouTube channels — The publication favored by streamers will publish guides and focus on the production of YouTube videos moving forward.
Discussion:
@cordcuttersnews, @shelbybrown91, @rogerwcheng and Cord Cutters News


UK police will take no further action against suspended GB News host Dan Wootton, who was accused of using fake identities to bribe men for explicit material — Police have said they will take no further action against GB News presenter Dan Wootton. — The New Zealand-born broadcaster …
Discussion:
Mediaite, Telegraph, Daily Express, Press Gazette, The Guardian, Deadline, The Independent and Byline Times


A journalist tells how Jimmy Finkelstein wooed her to The Messenger, reassured staff two months before closure, and left her without a promised severance — I have yet to receive a promised severance following the media start-up's abrupt collapse, which left hundreds of us without jobs.
Discussion:
@carrasquillo, @jonallendc, @amieparnes, @benmullin and @mkady


In response to a query for news stories about Putin's comments on Navalny's death, Microsoft's AI-assisted search Copilot invented Putin quotes — Microsoft really wants you to use its new Copilot AI-assisted search. Not only was the service featured in an expensive Super Bowl spot …
Discussion:
NewsNation, @ranimolla, @nothingsmonstrd.bsky.social, CNN, Politico, @joshuatopolsky@mastodon …, New York Post, The Hill and The Daily Beast


Paste co-founder and EIC Josh Jackson, whose company bought Jezebel in November 2023, says that overly broad brand safety efforts are hurting journalism — Josh Jackson was shocked when he found out what term, if used in the music publication he co-founded, could automatically strip an article of ad revenue.


Bill Ackman hires a law firm, which demands “immediate retractions and corrections” from Business Insider in a “final attempt to avoid litigation” — - Law firm issues demand letter on behalf of Ackman's wife — News outlet published stories saying wife committed plagiarism
Discussion:
@billackman, @dylanbyers, @maxwelltani, @aidnmclaughlin, The Wrap, New York Post, Talking Biz News and Observer


A look at Matthew Belloni's What I'm Hearing newsletter, which covers the structures of Hollywood's business and has become a must-read among the power elite — How Matthew Belloni became the must-read columnist for Hollywood's executive class. — The Hollywood journalist Matthew Belloni …