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12:15 AM ET, April 22, 2022

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 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
Brendan Brady / Antenna:
Netflix had 3.6M US subscribers cancel in Q1 2022, over 1M more than in Q1 2021 and Q4 2021; gross additions in the past six quarters ranged from 2.2M to 2.9M  —  Netflix Q1'22 results revealed a quarterly net subscriber loss ( link).  Antenna unpacked some of the latest dynamics around …
Discussion: MediaPost
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Alex Weprin / Hollywood Reporter:
Netflix's Q1 earnings show that Disney, Paramount, and other companies that reorganized around streaming video must deal with consistent subscriber volatility
Luke Winkie / Nieman Lab:
A look at the paranoia in BuzzFeed's newsroom after cuts and the company's SPAC deal, as its media peers weigh going public and the potential effects on staff  —  Many of the members of BuzzFeed's newsroom feel as if they were sold a bill of goods.  —  The digital media stalwart opened itself …
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 …
James Fallows / Breaking the News:
Under Joe Kahn, The New York Times should re-create the role of the public editor and re-examine coverage of, and the runup to, the 2016 US elections  —  Congratulations to Joseph Kahn on being named the next Executive Editor at the New York Times.  This is among the handful of trickiest …
Brooks Barnes / New York Times:
Florida's legislature votes to revoke Disney World's special tax district status, which it held for 55 years, after a clash over the state's “Don't Say Gay” law  —  Lawmakers in the state voted to revoke the company's special designation following a dispute with Gov. Ron DeSantis over a new education law.
Todd Spangler / Variety:
AT&T reports HBO Max and HBO gained 3M subscribers to end Q1 with 76.8M globally; WarnerMedia revenue rose 2.5% YoY to $8.7B and ad revenue fell 3% YoY to $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+ …
Maria Repnikova / The Atlantic:
As Putin's regime drops even the appearance of democracy, Russian restrictions on press freedom are unlikely to be rolled back whenever 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 …
 
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 More News: 
Jonathan Allen / Reuters:
Two Georgia election workers settle their defamation lawsuit with OANN over false claims they manipulated ballots, leaving Rudy Giuliani as the only defendant
Marc Wojno / ZDNet:
Live Bash, which lets artists livestream their performances and convert the shows into digital collectibles and NFTs, raises a $21M seed from unnamed investors
 Earlier Picks: 
Aisha Malik / TechCrunch:
Instagram plans to tweak its ranking algorithm to highlight original content more and recommend accounts that aggregate and reshare other users' content less
Makena Kelly / The Verge:
Six ex-staffers of Arsenal Media, co-founded by Benny Johnson to make GOP clients' content go viral, describe bullying, toxic HR practices, and late payroll
Alex Pareene / The AP (Alex Pareene) Newsletter:
The reporters explaining that Taylor Lorenz's door knocking is common journalistic practice fail to grasp that the new right is opposed to any newsgathering