Mediagazer: A look at the media diets of jurors and alternates in Trump's trial, based on a questionnaire; 13 of 18 get news from The NYT, 5 from Google, and 2 from TikTok (Charlie Smart/New York Times)

2:30 AM ET, April 20, 2024

Top News:

Emma Roth / The Verge:

Post.News, the news-focused social platform launched in 2022 that offered micropayments to publishers, is shutting down after failing to grow “fast enough” — Post News, a Twitter alternative that emerged in the wake of Elon Musk's takeover, is shutting down.

Discussion: TechCrunch, @lessin, @NevadaWolf@birds.town, @timothyjchambers@threads.net, @cardamomaddict@mstdn.ca, @SteveThompson@mastodon.social, @hellodavidryan@threads.net, @josh@josh.tel, @bluesky, @stop@threads.net, @Hey_Beth@sfba.social and @polotek@social.polotek.net, more at Techmeme »

Ruth La Ferla / New York Times:

Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more — Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.

Discussion: Showbiz411, Harrison Vail on LinkedIn and @nbj914

Todd Spangler / Variety:

Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards — David Zaslav, president and CEO of Warner Bros. Discovery, had a 2023 pay package worth $49.7 million, up 26.5% from the year prior …

Andrew Beaujon / Washingtonian:

Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist — The star-crossed marriage of Washington's NPR member station and a feisty digital news publication came to an abrupt end in February.

Discussion: @combs@mastodon.art, @srepetsk@dmv.community, @acdha@thepit.social and @wesleylowery

Nathan Grayson / Aftermath:

The New York Times' thriving games business prompts others to try to replicate its success, such as with Hearst's acquisition of Puzzmo, but games coverage lags — “The ad market is terrible. There's very real news fatigue. There's tons of alternative sources for news that aren't even news agencies."

Discussion: @jason_koebler, @jasonkoebler@mastodon.social, @vahn16, @chaykak, @vahn16, @vahn16, @slhamlet, @vahn16, Digiday and The Daily Beast

Lola Fadulu / New York Times:

Nicholas Welker, leader of a white supremacist group who admitted to posting a death threat against a Brooklyn journalist, is sentenced to 44 months in prison — Nicholas Welker admitted posting the death threat, which was meant to to silence coverage of the extremist group he led, prosecutors said.

Discussion: @egavactip, US Department of Justice, @pressfreedom and Brooklyn Eagle

Bron Maher / Press Gazette:

At a town hall, GB News CEO announced job cuts affecting 40 roles, its first major round of cuts after its 2021 launch; GB News had 295 staffers in May 2023 — It is the first major redundancy exercise since the broadcaster launched. — GB News chief executive Angelos Frangopoulos …

Discussion: @smartin and The i Paper

Todd Spangler / Variety:

A consultant sues Chicken Soup for the Soul Entertainment, alleging he is owed “several million dollars” for work he did for the company's $370M Redbox deal — A media consultant sued Chicken Soup for the Soul Entertainment, alleging he is owed “at least several million dollars” …

Discussion: @variety

Charlie Smart / New York Times:

A look at the media diets of jurors and alternates in Trump's trial, based on a questionnaire; 13 of 18 get news from The NYT, 5 from Google, and 2 from TikTok — Prosecutors and defense lawyers tried to divine the political leanings of prospective jurors in the former president's Manhattan criminal trial …

Discussion: @jbenton, @awzurcher, @jackhealynyt, Metro.co.uk, The Daily Beast and Slate

Sharon Knolle / The Wrap:

Sesame Workshop writers reach a tentative deal with management, narrowly avoiding a strike; the 35 WGA members will vote to ratify the deal in the coming days — Once ratified, the writers will win protections against artificial intelligence and improvements to new media residuals

Discussion: Deadline, NPR, Los Angeles Times, Rolling Stone, Writers Guild of America …, The Hollywood Reporter, The A.V. Club, @wgaeast and Variety

Jay Allred / @jayallred651:

[Thread] The California Journalism Protection Act is good for big media and hedge funds like Alden, but not for indie local outlets like the Richland Source — Can we talk about Google and the California Journalism Protection Act for a minute? 1/

Discussion: @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651, @jayallred651 and @jayallred651

Bron Maher / Press Gazette:

Inside the turmoil at UK-based nonprofit newsroom Open Democracy, whose leadership team says it could have been insolvent by June without 40% cost cuts — Turmoil at the top of Open Democracy has led to legal letters being sent. — Open Democracy could have gone into liquidation by June …

Discussion: @martinjdocherty, @adamramsay, @pressgazette, @pressgazette and @jdowsea

Sarah Whitten / CNBC:

Netflix reports Q1 revenue up 15% YoY to $9.37B, vs. $9.28B est., paid memberships up 16% YoY to 269.6M, vs. 264.2M est., and net income up 79% YoY to $2.33B — LOS ANGELES — Netflix reported earnings that beat on the top and bottom line after the bell Thursday. — Here are the results:

Discussion: Netflix, @lucas_shaw, @lanceulanoff, @sherman4949, @lucas_shaw, MediaPost, Next TV, Business Insider, IndieWire, The Information, Yahoo Finance, Variety and The Hollywood Reporter, more at Techmeme »

Todd Spangler / Variety:
Netflix plans to stop reporting subscriber numbers and Average Revenue per Membership from Q1 2025, as time spent is its “best proxy for customer satisfaction”

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Liam Scott / Voice of America:
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Megan Specia / New York Times:
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Discussion: Nikos Panagiotou on LinkedIn, Reporters Without Borders and r/Journalism

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Discussion: The Information, @eff@mastodon.social, @jason_kint and @jason_kint

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Earlier Picks:

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

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Discussion: Columbia Journalism Review and Sundial Media Group

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

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

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From Techmeme:

Kent Walker / The Keyword:
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Jay Peters / The Verge:
Adam Mosseri says Threads is rebalancing ranking to prioritize content from people that users follow, warns that creators' “unconnected” reach may go down

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The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks

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