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12:05 PM ET, April 21, 2024

Mediagazer

 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.
Clara Aberneithie / Press Gazette:
A look at The Cool Down, a climate-focused news outlet that makes $5M in programmatic advertising per year and aims to increase it to $12M per year in 2025  —  The Cool Down is the fastest-growing top 50 news website in the US.  —  A US news website taking a positive approach to coverage …
New York Times:
How TikTok has influenced US culture and shaped Hollywood, news, music, shopping, political campaigns, national security, and more  —  Has there ever been an app more American seeming than TikTok, with its messy democratic creativity, exhibitionism, utter lack of limits and vast variety of hustlers?
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.
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.
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.
 
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 More News: 
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
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
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
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