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4:35 PM ET, April 18, 2022

Mediagazer

 Top News: 
Bloomberg:
Filings: three companies owned by Alex Jones, including Infowars, filed for bankruptcy protection in Texas, after Jones lost several Sandy Hook lawsuits  —  Companies owned by far-right radio host Alex Jones filed for bankruptcy after being hit by a flurry of lawsuits.
Emma Roth / The Verge:
Report: Microsoft is working on a program to let select brands advertise within free-to-play Xbox games, such as on a billboard, and won't take a revenue cut  —  The ads supposedly wouldn't disrupt gameplay  —  Microsoft is reportedly working on a program that will let brands showcase …
Zack Whittaker / TechCrunch:
Scraping content that is publicly accessible on the internet is legal, a US appeals court reaffirms, ending a landmark case LinkedIn brought against a rival  —  Good news for archivists, academics, researchers and journalists: Scraping publicly accessible data is legal, according to a U.S. appeals court ruling.
Alistair Gray / Financial Times:
Kantar: UK users canceled ~1.5M subscriptions to Disney+, Apple TV+, Now, and others in Q1, due to inflation; 58% of households have at least one subscription  —  About 1.5mn accounts terminated within three months as inflation squeezes finances  —  British households have cancelled video subscriptions …
Elizabeth A. Harris / New York Times:
How Barnes & Noble, with book sales up 14% from pre-pandemic, went from a threat to industry anchor by letting store managers choose books to promote and more  —  To independent booksellers, the enormous chain was once a threat.  Now it's vital to their survival.  And it's doing well.
Daniel Wiessner / Reuters:
CBS shareholders settle for $14.75M in a lawsuit that claimed the company misled investors by failing to disclose sexual harassment allegations against Moonves  —  Paramount Global (PARA.O) has agreed to pay $14.75 million to shareholders of the former CBS Corp in a proposed class action claiming …
Nick Kostov / Wall Street Journal:
French music streaming service Deezer will go public through a SPAC merger at a €1.05B valuation and says it had 9.6M subscribers and €400M in revenue in 2021  —  French music streaming service is merging with a special-purpose acquisition company, aiming to go public
David Hume Kennerly / New York Times:
Photojournalist David Hume Kennerly on the power of graphic war images in Ukraine and other conflicts: “the best photographs might make us want to look away”  —  The following images depict graphic violence.  —  A couple of weeks ago I came across the graphic images of bodies littering …
Michael Grothaus / Fast Company:
Netflix debuts a series with a corresponding game for the first time, with the Exploding Kittens animated comedy series and associated games for iOS and Android  —  The streaming industry has grown exponentially in the past several years.  Where there was once only Netflix, now there's Disney Plus …
Lucas Shaw / Bloomberg:
Stem, which offers music rights management software for independent artists, raises $20M from QED Investors and Block, bringing its total funding to nearly $40M  —  Jordan Higa was waiting for her flight when she stopped to ask her travel companion how much they would spend on tickets to see BTS perform live.
Discussion: @lucas_shaw
 
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 More News: 
Alyssa Meyers / Morning Brew:
Spotify's recent Podsights and Chartable acquisitions are raising concerns over the availability of third-party podcast metrics for advertisers and publishers
Jim Waterson / The Guardian:
Most broadcasts on BBC Three, which relaunched as a live TV channel in February to focus on young viewers, are failing to attract more than 100K viewers
Natalia Antelava / Coda Story:
Independent reporters and outlets covering Afghanistan, Ukraine, and other regions say Meta's overly broad content moderation policies are limiting their reach
Ken Doctor / Nieman Lab:
Ken Doctor reflects on the first 18 months of local digital outlet Lookout Santa Cruz, which has 13 employees and a revenue mix of 60% ads and 40% membership
Tom Hals / Reuters:
The New York Times sues an anti-immigration author for the cost to defend itself against his 2020 defamation lawsuit, a first under NY's expanded anti-SLAPP law
 Earlier Picks: 
Al-Monitor:
Prominent Algerian newspaper Liberte shuts down after three decades, citing its “economic situation”; Liberte is owned by the country's richest man, worth $3.8B
Stuart A. Thompson / New York Times:
Analysis shows how the Russian media uses Fox News content to bolster Russia's claims about Ukraine, from blaming NATO to pushing conspiracy theories on biolabs
Bron Maher / Press Gazette:
Analysis: news publishers raised nearly $12M from selling NFTs since March 2021; Time Magazine earned the most with $10M+ and The New York Times made $560K
Tarpley Hitt / Gawker:
Food site The Counter claims a lack of “sufficient future funding to keep publishing”, but filings show $5M+ of assets in 2021 and $1.8M+ of expenses in 2020