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Websites that shut down make it hard for journalists to preserve writing clips, but maintaining a defunct site creates technical issues including security risks — Vice workers scrambled this week to save their work, just in case. Would keeping it online really cost so much?
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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, @lfitzmaurice, @doctorow, @doctorow, @doctorow, @doctorow, @jason, @sorayamcdonald@threads.net, @jeremymbarr, @davidclinchnews, @tvgrimreaper, @mjgault, @ninastarner, @adamjkovac, @sarahscire, @sharonwaxman, @nick_kapur, @nina_metz, @juliaccarpenter, @defectormedia, New York Times, Business of Fashion, CBS News, Slate, MobileSyrup, @quillmatiq@threads.net, Ian Greenleigh on LinkedIn, Gail J. Cohen on LinkedIn, 404 Media, CNN, @KarlBode@masto.ai, WWD, TVNewsCheck, CMU, Raw Story, The Verge, Press Gazette, @jswatz.bsky.social, UPI, The Desk, New York Daily News and The Hill


Australian businessman Kerry Stokes launches The Nightly, a daily online newspaper with backing from billionaires Katie Page, Chris Ellison, and Gina Rinehart — Billionaires Katie Page, Chris Ellison and Gina Rinehart are the key backers of Kerry Stokes' new daily online newspaper …
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Crikey, Mumbrella and Sydney Morning Herald


While Netflix is profitable in South Korea, local rivals Tving and Wavve lost a combined ~$165M in 2023 and are reportedly in talks to merge — After years of pumping out hit shows, South Korea's biggest media companies are cutting back and consolidating to survive a global pullback in entertainment.


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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Janko Roettgers on LinkedIn, Forbes and Fast Company


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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Washington Post, New York Times, CNN, Kirk T. Schroder on LinkedIn, Politico, @lauren_feiner 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, @eleanornorton, @wesleylowery, Coleen O'Lear on LinkedIn, @coop_rebecca, @jwhitepubradio, @floorcharts, @tamarakeithnpr, @robertwhite_dc, Armando Trull on LinkedIn, @wemakewamu, @jfkucinich, @elaheizadi, @jasonshevrin, @emma_a_whitford, @maustermuhle, @maustermuhle, @emmasarappo, @nicdawes, @digiphile, @digiphile, @maustermuhle, @jbenton, @ckrewson, @elaheizadi, @jeffjarvis@threads.net, 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


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, @royprice, @lucas_shaw, The Hollywood Reporter, @picklemaddierix, @jbflint, @richlightshed, @jbflint, @lmoses, CNBC, 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:
Telegraph, Daily Express, Press Gazette, Deadline, Byline Times, Mediaite, The Guardian and The Independent


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 …