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)

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