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2:05 PM ET, March 2, 2024

Mediagazer

 Top News: 
Bloomberg:
Meta plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and stop signing deals for traditional news content in those countries  —  Meta Platforms Inc. is winding down its news feature in the US and Australia, part of a broader shift away from the category for the social media giant.
RELATED:
David Bauder / Associated Press:
A look at the decline of cable TV networks like USA Network, Discovery Channel, and MTV; MTV's 2023 average prime-time audience was 256K, down from 807K in 2014  —  The list of memorable characters and personalities who entered popular culture through cable television is long: Honey Boo Boo.
Scott Nover / Slate:
Semafor media reporter Maxwell Tani talks about cord-cutting, the importance of niches for digital media, threats from AI, and how it feels to break bad news  —  Maxwell Tani is known for his work on an obituary beat of sorts.  A media reporter at Semafor, he always seems to be the first person …
Ivan Mehta / TechCrunch:
Meta plans to make its Threads API, currently being tested by partners like Techmeme, Sprinklr, and Hootsuite, broadly available to developers by June 2024  —  Meta-owned social network Threads said today that it will make its API broadly available to developers by June.
Reuters:
A US judge says Google must face advertisers' antitrust lawsuit, but dismisses some claims, including those focused on ad-buying tools used by large advertisers  —  Alphabet's (GOOGL.O) Google must face advertisers' proposed class action lawsuit claiming that it monopolizes the ad exchange market, a U.S. judge ruled on Friday.
The Intercept:
At a Feb. 13 all-hands in London, CNN staff pressed EIC Mark Thompson and others about Israel-Gaza coverage; Christiane Amanpour criticized “double standards”  —  CNN employees, including the renowned international news anchor Christiane Amanpour, confronted network executives …
@tdsnewsguild:
Union members strike at Gannett's Desert Sun, calling for a fair labor contract and saying they've been denied regular cost-of-living raises for three years  —  It's official: As of 7 a.m. today, @TDSNewsGuild is now on strike!!! Taking this step is not easy. But after being denied any sort of regular cost of living raises for the last three years, we decided it's time to deny @Gannett our labor until a fair contract is reached!
Sarah Perez / TechCrunch:
Spotify launches the Audiobooks Access Tier, which lets free US users stream 15 hours of audiobooks from its 200K+ catalog every month for $9.99 per month  —  After adding 15 hours of free audiobooks listening to its subscription plan late last year, Spotify today is introducing …
Laura Hazard Owen / Nieman Lab:
An interview with Chris Moran, the Guardian's head of editorial innovation, about its new “Deeply Read” list, which uses an “active time spent” ranking metric  —  The No. 1 most-clicked story on The Guardian's U.S. site right now: “Alabama IVF ruling leaves Republicans stuck between …
 
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 More News: 
Etan Vlessing / The Hollywood Reporter:
FuboTV reports a $71M Q4 net loss, down 26% YoY, global revenue up 28% YoY to $410.2M, $370M from subscriptions, 1.61M subscribers in North America, up 12% YoY
Naman Ramachandran / Variety:
BBC Studios buys British broadcaster ITV's 50% stake in streamer BritBox International for £255M, as ITV focuses on its ad-funded streaming service ITVX
 Earlier Picks: 
Associated Press:
A US district judge holds Catherine Herridge in civil contempt for refusing to divulge her source for Fox News stories about a scientist investigated by the FBI
Maggie Harrison Dupré / Futurism:
Wikipedia editors lowered CNET's source reliability rating after CNET used AI to create articles and are discussing reliability of other Red Ventures outlets
Jacquelyn Melinek / @jacqmelinek:
As announced earlier, TechCrunch ends paid subscriptions for TechCrunch+ on March 1, and all previously paywalled articles will be publicly available
Drew Harwell / Washington Post:
Co-founders of Trump Media file a suit claiming Trump and others tried to dilute their stake in the company; the case could complicate Trump Media's SPAC merger
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

 
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