Mediagazer: Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year (Emma Roth/The Verge)

7:05 PM ET, April 18, 2024

Top News:

Todd Spangler / Variety:

Netflix won't report subscriber numbers or Average Revenue per Membership starting in Q1 2025, saying time spent is its “best proxy for customer satisfaction” — Netflix will no longer report subscriber numbers — a key metric for streaming services for years — beginning with the first quarter of 2025.

Discussion: CNBC, The Streamable, CNN, ComingSoon.net, Forbes, The Verge, The Information, Deadline, @sherman4949, @tvmojoe, @tvmojoe, The Hollywood Reporter, @sherman4949 and Media Play News, more at Techmeme »

Sarah Whitten / CNBC:

Netflix reports Q1 revenue up 15% YoY to $9.37B, vs. $9.28B est., paid users up 16% YoY to 269.6M, vs. 264.2M est., and net income $2.3B, up from $1.3B YoY — LOS ANGELES — Netflix reported earnings that beat on the top and bottom line after the bell Thursday. — Here are the results:

Discussion: Netflix, Next TV, The Wrap, Variety, Daily Press, @lucas_shaw and Yahoo Finance, more at Techmeme »

Sara Fischer / Axios:

CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M — - CalMatters today employs 72 people and The Markup employs 28. … - CalMatters currently has around $12.5 in philanthropic funding …

Discussion: CalMatters, @craignewmark, Talking Biz News, @sarabethberman, @calmatters, @calmatters, Jim Friedlich on LinkedIn and @calmatters

Sara Fischer / Axios:

Essence magazine's parent, Sundial Media Group, agrees to buy Refinery29 from Vice Media and names former Vice COO Cory Haik as CEO of Refinery29 — - The acquisition of Refinery29 will help Sundial and Essence extend their reach to content companies that cut across culture and commerce, Sundial said in a statement.

Discussion: Sundial Media Group

New York Times:

Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance — The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.

Discussion: The Wrap, @benmullin, Benjamin Mullin on LinkedIn and New York Post

New York Times:

The judge in Trump's NY criminal trial ordered reporters on April 18 to not disclose jurors' job info and warned against sharing jurors' physical descriptions — Some news reports have included details about jurors that had been aired in open court. One was excused after she developed concerns about being identified.

Jessica Testa / New York Times:

A look at Highsnobiety, a creative consultancy and clothing line, as well as magazine and website led by EIC Willa Bennett covering fashion and youth culture — Willa Bennett, the editor of Highsnobiety, at the Bowling Green subway station near its offices in New York.Lanna Apisukh for The New York Times

Discussion: @ericnewcomer, Nichelle Sanders on LinkedIn, Sara McAlpine on LinkedIn and Nick Papa on LinkedIn

Daniel Tencer / Music Business Worldwide:

Short-form video app Triller is merging with Hong Kong financial services company AGBA; Triller shareholders will own 80% of the combined company valued at $4B — Financially troubled social media app and TikTok competitor Triller is merging with a Hong Kong financial services company …

Discussion: Los Angeles Times and Billboard

Neel Dhanesha / Nieman Lab:

Q&A with Erica Heilman, host of “Rumble Strip”, an independent podcast she created in 2013 that chronicles how Vermont changed over the years — “I only make unimportant things now, but it's all the unimportant things that really make up our lives.”

Discussion: @rumblestripvt and @neel_dhan

Emma Roth / The Verge:

Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year — After nearly a year of testing, Twitch's new TikTok-style discovery feed will finally roll out to all users later this month.

Discussion: The Information and Tubefilter, more at Techmeme »

Jonathan Barrett / The Guardian:

James Warburton, the CEO of Australia's Seven West Media since 2019, steps down; CFO Jeff Howard will take over as CEO starting on April 19 — Media executive's exit comes as broadcaster faces a number of controversies — Get our morning and afternoon news emails, free app or daily news podcast

Discussion: Mumbrella, Variety and Deadline

Souhail Karam / Bloomberg:

A Tunisian court sentences prominent government critic and journalist Mohamed Boughalleb to six months in prison for defamation, renewing press freedom concerns — A Tunisian court jailed for defamation a reporter who's one of President Kais Saied's most prominent critics …

Discussion: Committee to Protect … and Fox News

Archived Page Info:

This is a snapshot of Mediagazer at 7:05 PM ET, April 18, 2024.

View the current page or another snapshot:

Who's Hiring in Media?

Commissioning Editor - Practical Law — Reuters

Energy Markets Reporter, London — WSJ

Oil Reporter, Singapore — Bloomberg

Newsperson - State Govt. & Politics, CA — AP

Business Reporter, SC — Post & Courier

State Government Reporter, WA — Seattle Times

Climate Crisis Columnist — Prospect UK

Multimedia Journalist, CA — Paramount

Community Engagement Mgr., DC — Freedom Forum

Staff Writer - Business, NY — WIRED

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Climate & Weather Reporter, MN — Star Tribune

Senior Tech Editor, Remote US — The Verge

News Reporter, MA — Berkshire Eagle

Multimedia Journalist, PA — Observer-Reporter

Managing Editor, WA — Everett Herald

Private Credit Reporter, NY — Debtwire

Legislative Reporter, CA — Sacramento Bee

Reporter, PA — Tribune-Review

Visual Editor, Remote — Rest of World

Staff Writer, MI — Watershed Voice

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

National Investigative Reporter, NY — HuffPost

Business & Gaming Reporter, NV — Las Vegas Sun

Coastal Climate Reporter, SC — Island Packet

Environment & Energy Reporter, CT — CT Mirror

Coordinating Editor, OR — OPB

Staff Reporter, CA — Daily Kos

Data Editor, NY — ProPublica

Editor-in-Chief, AZ — Phoenix New Times

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Amy Thomson / Bloomberg:
Music rights investor Concord agrees to buy Hipgnosis Songs Fund in a deal valuing the song catalog company at ~$1.4B, capping a period of turmoil for Hipgnosis

Discussion: Financial Times, Reuters, Billboard, The Wrap, Variety, The Guardian, City A.M. and Digital Music News

Charlotte Tobitt / Press Gazette:
An analysis of the gender pay gap in UK media: 76% of the biggest media organizations increased the proportion of women in their top pay tier from 2022 to 2023

Discussion: @pressgazette

The Economic Times:
VerSe Innovation, the parent of Indian news aggregator Dailyhunt, acquires New York-based digital magazine store Magzter in an undisclosed cash and stock deal

Discussion: Financial Express, YourStory, Storyboard18, Moneycontrol and TechCrunch

Russell Brandom / Rest of World:
How Oscar winner RRR's success brought a wave of Telugu-language movies to Netflix's US catalog, about 50% of which is now made up of non-English content

Discussion: @restofworld@restof.social

Gene Maddaus / Variety:
A Los Angeles ethics agency fines former CBS CEO Les Moonves $15K for misconduct in obtaining confidential police info about a sexual assault claim against him

Discussion: New York Post, Los Angeles Times, The Wrap, @mhanson101@union.place, @iamiysha.bsky.social, @pppatticake.bsky.social, The Hollywood Reporter, @parsnip.bsky.social, @arunadsouza.bsky.social and Deadline

Sheena Vasani / The Verge:
TikTok starts rolling out TikTok Notes, its Instagram rival for sharing photo and text content, for limited testing in Australia and Canada on Android and iOS

Discussion: @tiktokcomms, Music Ally, The Guardian, @tiktokcomms and TechCrunch, more at Techmeme »

Earlier Picks:

Kate Knibbs / Wired:
How one author gained a limited copyright for the “selection, coordination, and arrangement of text” from AI, as the US Copyright Office wrestles with AI law

Discussion: The Information, @blipclinic, @ai_machinations, @ai_machinations, @magdaromanska, @peterhndrsn, @brooklynlaw, @knibbs, @mahendra.bsky.social and Variety, more at Techmeme »

Andrew Deck / Nieman Lab:
A look at Newsweek's use of AI, including in video production, an AI-focused Live News desk for breaking stories, and letting the tech write some first drafts

Discussion: @decka227

James Careless / TV Tech:
Parks Associates: US households with internet now consume an average 43.5 hours of video per week across all viewing devices, up from 37.2 hours in 2020

Discussion: The Desk

Thomas Brewster / Forbes:
After Forbes found 120+ YouTube videos and 27 Google ads promoting AI deepfake porn tools and “nudifier” Telegram bots, Google took them down

Discussion: @rashishrivast18, @ttp_updates and @iblametom

Oliver Darcy / CNN:
Uri Berliner says he is resigning from NPR as he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm” NPR's problems

Discussion: The Guardian, Observer, New York Post, Poynter, New Jersey Online, @renee.diresta@threads.net, @southpaw_radio@threads.net, @normative@threads.net, @samsanders, @samsanders, @samsanders, @maxwelltani, @davidfolkenflik, The Hill, @benmullin, @mikeisaac, @viajoshhunt, @thefp, @audiecornish, @nycsouthpaw, @howardkurtz, @davidfolkenflik, Tedium, @heminator, @aghamilton29, @bariweiss, @normcharlatan, @brien_jackson, @oldarenaghost, @ijbailey, @dgreenbaum, @ernie.tedium.co, @dkiesow@threads.net, Politico, @normative@threads.net, @normative@threads.net, @melodykramer@threads.net, Associated Press, New York Times, Washington Post, NPR, @kalihays1@threads.net, MediaPost, Newser, @yonetteajoseph@threads.net, Inside Radio, The Present Age, @davelevitan.bsky.social, NewsNation, JONATHAN TURLEY, @jbouie.bsky.social, @kevinmkruse.bsky.social, Mediaite, @jbouie.bsky.social, CBS News, Fox News, @zammer.bsky.social, Talking Biz News, @ryansingel@writing.exchange, @marcchannick.bsky.social, Current, Fox News, @uberliner and Slate

Sam Tobin / Reuters:
UK court documents: actor Hugh Grant settled a lawsuit against The Sun publisher News Group Newspapers over claims of using private investigators to phone tap

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

Mark Gurman / Bloomberg:
How Tim Cook may navigate Trump's presidency, a closer look at Apple's upcoming smart home command center, sources detail a new AirTag coming in 2025, and more

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

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page