Top News:
New York Times:
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service just weeks after a splashy debut. — Give this article- - - Read in app
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Wall Street Journal:
Sources: Meta is reviewing whether COO Sheryl Sandberg pressured the Daily Mail in 2016 and 2019 into killing stories about her then-boyfriend Bobby Kotick — Social-media executive, who dated the Activision Blizzard CEO, was part of campaign to persuade the U.K. tabloid to shelve a potential article
Discussion:
New York Magazine, TechCrunch, The Guardian, @benfritz, @emilyglazer, @markdistef, @bostonjoan, Gizmodo, New York Post, Bloomberg, TheStreet, Engadget, @nickstatt, @rmac18, The Verge, @heminator, @nicktheandersen, @dancow, @adashtra, @ericgeller, @kenklippenstein, Protocol, @amil, @matthewstoller, @zackwhittaker, @kantrowitz, @jbflint, @adashtra, @juddlegum, @maximcolch, Insider and @jason_kint, more at Techmeme »
Rick Porter / Hollywood Reporter:
Nielsen: streaming platforms accounted for 30% of US viewers' TV usage in March, the highest since Nielsen started measuring TV use by platform; cable took 37% — Nielsen's platform rankings for March also show cable posting gains driven by news coverage of Ukraine.
Discussion:
nielsen.com and @nielsen
Brendan Brady / Antenna:
Netflix had 3.6M US subscriber cancellations in Q1, over 1M more than any quarter since Q4 2020; gross additions remained fairly stable, ranging from 2.2M-2.9M — Netflix Q1'22 results revealed a quarterly net subscriber loss ( link). Antenna unpacked some of the latest dynamics around …
Discussion:
MediaPost and @loudmouthjulia
RELATED:
Bloomberg:
Sources: Barack and Michelle Obama's production company Higher Ground doesn't plan to re-sign with Spotify, and is talking to Audible, iHeartMedia, and others — Barack and Michelle Obama's time with Spotify Technology SA is coming to an end. — The former first family's production company …
Discussion:
Axios, @ashleyrcarman, TechCrunch, Breitbart, Variety, CNET, New York Post, Insider, Mediaite, Podcast Movement, Music Ally, Engadget, Los Angeles Times, @mylesudland, @lucas_shaw, The Guardian, The Wrap, Fox News, The Verge and CNN
Luke Winkie / Nieman Lab:
A look at the paranoia and cuts in BuzzFeed's newsroom after the company's SPAC deal and whether its market debut will serve as a warning to its digital peers — Many of the members of BuzzFeed's newsroom feel as if they were sold a bill of goods. — The digital media stalwart opened itself …
Discussion:
@luke_winkie, @biettetimmons, @markstenberg3, @schulzsam, @reedfrich, @niemanlab and @alissamarie
Todd Spangler / Variety:
AT&T reports HBO Max and HBO gained 3M subscribers in Q1 globally for 76.8M in total; WarnerMedia made $8.7B in Q1 revenue, up 2.5% YoY, as ad revenue hit $1.7B — The now-divested WarnerMedia unit was again a drag on profitability because of continued investments in HBO Max and the launch of CNN+ …
Discussion:
The Hollywood Reporter, Deadline, The Streamable, Forbes, Financial Times, iMore, @sherman4949, New York Post, The Wrap, Next TV, Reuters, TechCrunch, Wall Street Journal, WORLD SCREEN and Adweek
James Fallows / Breaking the News:
The New York Times under Joe Kahn should re-create the role of the public editor and reexamine coverage of the 2016 election — Congratulations to Joseph Kahn on being named the next Executive Editor at the New York Times. This is among the handful of trickiest and most challenging jobs …
Discussion:
@harrispolitico, @dangillmor, @jeffjarvis, @jamesfallows, @froomkin, @andrewfed, @andrewfed, @pkafka, @jonahdispatch, Columbia Journalism Review, @marclacey, Talking Biz News and @cjr
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Michael M. Grynbaum / New York Times:
The New York Times Executive Editor Joe Kahn announces his leadership team; Marc Lacey and Carolyn Ryan will be managing editors starting on June 14
The New York Times Executive Editor Joe Kahn announces his leadership team; Marc Lacey and Carolyn Ryan will be managing editors starting on June 14
Discussion:
@byronyork, Poynter, New York Magazine, Washington Post, Politico, @postopinions, @cliffordlevy, @lenalwilson, The Why Axis, @lvedd, @kyletblaine, Streetsblog New York City, @kimseverson, @carloslozadawp, @shreeyasinha, @davidfolkenflik, @ceciliakang, @mccarthyryanj, @eugene_scott, @nickkristof, @jayrosen_nyu, @davidjoachim, @meslackman, @nickconfessore, @grynbaum, @nytimespr, @grynbaum, @gregkellyusa, @ggreeneva, @froomkin, @otiadjei, @jonathanchait and Media Nation
Jon Porter / The Verge:
Spotify now lets all creators in the US, the UK, Canada, Australia, and New Zealand upload video podcasts via Anchor, which Spotify acquired in February 2019 — After over a year of more limited tests — All creators in the US, UK, Canada, Australia, and New Zealand can now upload video podcasts …
Discussion:
Protocol, @glenngabe, 9to5Mac, TechCrunch and Engadget, more at Techmeme »
Aisha Majid / Press Gazette:
Analysis: only eight of 50 leading local UK news sites drew 50%+ of their UK audience from their region; for 20, less than a third of their audience was local — As local print newspapers have declined and closed, traffic to local news websites across the UK has surged.
Discussion:
@jamesrbuk
Maria Repnikova / The Atlantic:
As Putin's regime drops even the appearance of democracy in Russia, restrictions on press freedoms are unlikely to be rolled back when the war in Ukraine ends — While I was researching Russian investigative journalism a little over a decade ago, several of the people I interviewed used variations …
Discussion:
@prashantrao
Mollie Cahillane / Adweek:
Ad-tech company Xandr is partnering with six Nielsen alternatives, 605, Comscore, EDO, Samba TV, TVision, and VideoAmp, ahead of upfronts — Xandr is the latest company to jump on the alternative currencies train. Ahead of the upfronts, the ad-tech company partnered with data providers 605 …
Discussion:
Ad Age, Business Wire and Beet.TV