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1:40 PM ET, April 22, 2022


 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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Sara Fischer / Axios:
Source: ~350 of CNN+'s 700 staff will be laid off with pay and benefits for the next 90 days; CNN+ programming will be reallocated to other streaming services  —  The shuttering of CNN+ three weeks after the subscription service launched will be remembered as one of the most chaotic moments of CNN's 40-year history.
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
Joe Flint / Wall Street Journal:
Sources: after churning out 500+ original programs in 2021, Netflix is looking to rein in costs and add fewer new titles with a greater emphasis on quality  —  Streaming service spent lavishly on productions to win subscribers, but now growth has slowed  —  Your browser does not support the audio tag.
Sarah Scire / Nieman Lab:
Rebecca Ratcliffe / The Guardian:
Terry Xu, editor of a now-closed Singaporean news outlet has been jailed for three weeks for defamation over a letter alleging government corruption  —  Terry Xu was convicted last year after publishing a letter alleging ‘corruption at the highest echelons’
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 …
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
Georg Szalai / The Hollywood Reporter:
NBCU CEO Jeff Shell's 2021 compensation reached $21.6M, up 31% YoY, while Comcast CEO Brian Roberts' hit $34M, up 4% YoY  —  In the last year, the conglomerate's stock declined 2 percent while its revenue rose 12.4 percent to $116.4 billion. … NBCU owner and pay TV …
Discussion: Variety, The Wrap and Deadline
Claire Woodcock / VICE:
Ebook vendors like Hoopla are including titles with COVID-19 disinfo, Holocaust denial, and more; librarians want more transparency and accountability  —  Librarians say Holocaust deniers, antivaxxers, and other conspiracy theorists are being featured in the catalogs of a popular ebook lending service.
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  —  Two Georgia election workers who were the target of vote-rigging conspiracy theories have reached a settlement agreement …
Maliha Shoaib / Vogue Business:
Condé Nast closes Vogue Russia and ceases publishing in the country due to the war in Ukraine and related censorship laws, after suspending operations in March  —  Condé Nast is closing Vogue Russia and ceasing publishing due to the ongoing war in Ukraine and related censorship laws, CEO Roger Lynch said today.
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 More News: 
David Barnett / The Guardian:
Report: UK publishers' total income hit a new high of ~$8.7B in 2021, up 5% from 2020; TikTok emerged as a driving force for new books and backlist purchases
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
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
Aisha Majid / Press Gazette:
Analysis: eight of the 50 leading local UK news sites drew 50%+ of their UK audience from nearby; for 20 sites, less than a third of their audience was local
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
 Earlier Picks: 
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