Top News:
Ben Collins / NBC News:
Both Twitter and YouTube struggled again to contain the spread of conspiracy theories and Islamophobic content amid a news event, as Notre Dame burned — Images and videos of the flaming cathedral spread quickly across social media and were quickly seized upon to push Islamophobic narratives that have flourished in far-right politics.
Discussion:
Twitter, CNN, @janelytv, Wired, Washington Post, Media Matters for America, @oneunderscore__, @janelytv, CNN, @kathygriffin, @jysexton, @oneunderscore__, @bobbybigwheel, @kfile, @ethanz, @lollardfish, @mollyjongfast, @bruce_arthur, @chick_in_kiev, @juliettekayyem, @janelytv, @davidfolkenflik, @cwarzel, Engadget, @cwarzel, Mediaite and BuzzFeed News, more at Techmeme »
Lauren Feiner / CNBC:
Netflix reports Q1 revenue surpassed $4.52B, up 22% YoY, vs $4.50B est.; net subscriptions grew 9.6M, up 16% YoY, with 1.74M in the US and 7.86M internationally — - The company reported $4.52 billion, vs. $4.50 billion expected, per Refinitiv consensus estimate.
Discussion:
Netflix, Business Insider, TechCrunch, Bloomberg, Yahoo Finance, @pkafka, @guylodge, @lucas_shaw, @natjarv, @natjarv, @jimwindolf, @edmundlee, @jyarow, @jyarow, @xpangler, @xpangler, @jbflint, @xpangler, Fast Company, Multichannel News, NBC News, FierceVideo, Light Reading, The Verge and Engadget, more at Techmeme »
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Janko Roettgers / Variety:
Netflix will test Top 10 lists of popular shows in the UK, shares data for first month of some shows: The Umbrella Academy, 45M; Triple Frontier, 52M; FYRE, 20M — Netflix is getting ready to reveal even more data about the performance of movies and TV shows on its service.
Discussion:
Business Insider, Broadcasting & Cable, The A.V. Club, @jank0, Hollywood Reporter, IGN, Vanity Fair, Recode and IndieWire
Edmund Lee / New York Times:
Sources say Hulu's most lucrative product, a $6 per month ad-based streaming service, generates $15 in revenue per subscriber each month via its high-cost ads — With 148 million subscribers and a value of $157 billion, Netflix is the leader in streaming. But Hulu, now controlled by Disney, has something Netflix doesn't: ads.
Discussion:
Investor's Business Daily, The Guardian and The Verge
Peter Kafka / Recode:
Netflix says it looks to add only ~300K US subscribers in the next quarter, down from 850K a year ago, reflecting its struggle to grow domestically
Discussion:
CNBC, Variety, The Wrap and Wall Street Journal
Ari Levy / CNBC:
Hulu has repurchased AT&T's 9.5% stake in the business for $1.43B, giving Hulu a valuation of $15B; Disney said in November that Hulu was worth $9.26B
Discussion:
Associated Press, The Verge, Variety, Streaming Observer, Variety, @stevekopack, @xpangler, @natjarv, @pkafka, @pkafka, @pkafka, Business Insider, Business Wire, Deadline, CNET, Barron's Online, Financial Times and Business Insider
Tim Katz / Official Google India Blog:
YouTube India says it will display info panels in English and Hindi on all videos by a channel that is owned by a news publisher that is funded by a government — In the last few years, news has become an integral part of YouTube's experience for millions of Indians online.
Discussion:
Inc42 Media, @refsrc, NDTV Gadgets 360, YourStory.com, Inc42 Media, Moneycontrol, Livemint, Nieman Lab and Washington Post
Lucia Moses / Business Insider:
Jessica Lessin, founder of The Information, says she's considering ads for things like jobs and events but remains leery of programmatic and native ads — - Jessica Lessin, one of Business Insider's “100 people transforming business,” started The Information based on pricey subscriptions …
Discussion:
@businessinsider and Talking Biz News
Lydia Polgreen / HuffPost:
HuffPost is launching a membership program, HuffPost Plus, with tiers from free to premium, offering access to members-only newsletters and other features — From voting rights to self-care, HuffPost's stories put people before power. Support the mission by becoming a member.
Discussion:
@lpolgreen, @jbenton, MediaPost, @mepfuller, @ryanjreilly, @akbarsahmed and @paigelav
Diana Falzone / Vanity Fair:
Multiple women, including prominent TV personalities, say they have struggled to find work in the media industry after settling sexual harassment lawsuits — Former television hosts and network personalities say they are persona non grata after settling high-profile lawsuits against serial sexual harassers.
Discussion:
@andreagonram, @grudging1, @mrglenn and @ben_landy
Reuters:
Google has removed the popular video app TikTok from its Play Store in India to comply with a state court's directive — NEW DELHI (Reuters) - Google has blocked access to the hugely popular video app TikTok in India to comply with a state court's directive to prohibit its downloads …
Discussion:
The Economic Times, @willoremus, MediaNama, TechNode, The Drum, The Verge, VentureBeat, 9to5Mac and TechCrunch, more at Techmeme »
Pankaj Mishra / FactorDaily:
FactorDaily, a three-year-old longform tech journalism site in India, will end its text stories next week to focus on podcasts — First, the news: we are stopping our longform text stories on FactorDaily from next week. We will, instead, concentrate on podcasts, becoming an ‘audio first’ storytelling platform.
Discussion:
@scepticgeek, @akm1410, @samidhas, @ariathak, @logic, @viveksinhas, @natasha_malpani, @raju and @jikkuvarghese
Tim Peterson / Digiday:
Meredith says it has had 20M views across its 14 shows on IGTV, Instagram's longform video service, and plans to launch six more by mid-2019 — In October, Meredith announced that it was going to produce 10 shows for IGTV, Instagram's long-form live video service. — Now, it's doubling down.
Discussion:
@media_evan, @torystarr3 and @vanessaw
Benjamin Mullin / Wall Street Journal:
Sources: James Murdoch wants to use some of his proceeds from the sale of 21st Century Fox to invest in comic book publisher Artists, Writers and Artisans — Former chief of 21st Century Fox is beginning to invest some of the $2.2 billion he made from the sale of the company's major entertainment properties
Discussion:
Financial Times, @benmullin, @arashmassoudi, @arappeport, @alexeheath and Deadline
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