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2:10 PM ET, June 15, 2022

Mediagazer

 Top News: 
Laura Hazard Owen / Nieman Lab:
2022 Digital News Report: the number of people that say they avoid the news has increased in all markets since 2017, doubling in Brazil to 54% and the UK to 46%  —  The pandemic brought a bump in news consumption that now seems to be fading away, Oxford's Reuters Institute for the Study of Journalism …
RELATED:
Nic Newman / Reuters Institute for the Study …:
YouGov survey for Reuters 2022 Digital News Report finds renewed falling trust, more news avoidance, TikTok and Telegram growth for news, and growth in podcasts  —  Last year's report contained some positive signs for the news industry, with higher consumption and rising trust amidst a second wave of Coronavirus lockdowns.
Brian Steinberg / Variety:
Nielsen plans to add data on consumer reactions to ads to Nielsen One, including successful purchases, website visits, and more  —  Nielsen has for decades been known as the company that counts people.  Now it wants to start counting their reactions.  —  The media measurement giant …
Discussion: Adweek and Next TV
Miles Kruppa / Wall Street Journal:
Google says 1.5B people watch YouTube Shorts every month; TikTok said it had 1B MAUs in September 2021, growing to an estimated 1.6B MAUs in March 2022  —  Alphabet's Google discloses Shorts monthly viewership for first time amid heightened competition from TikTok and Instagram Reels
Marty Swant / Digiday:
Walmart-owned Sam's Club overhauls its ad network, including adding a self-service platform to let advertisers buy sponsored product ads  —  As retailers increasingly invest in ways to let advertisers reach consumers on their online properties, Sam's Club is the latest to give its ad network a major overhaul.
Discussion: Adweek, MediaPost, Ad Age and @martyswant
Bloomberg:
In a note to staff, Spotify says it will slow hiring growth by 25%; Spotify hired 2,000+ staff from 2019 to 2021 bringing its headcount to 6,617; stock up 7%+  —  Spotify Technology SA will slow hiring growth by 25%, the latest sign of how fears of a recession are weighing on the economy.
Discussion: @kamaron
Georg Szalai / The Hollywood Reporter:
Paramount Global says international CEO Raffaele Annecchino is “on leave” effective immediately and appoints three executives to jointly run the business  —  Three executives will step in to lead the international business as “interim heads.”  —  Paramount Global said Wednesday …
Discussion: Broadband TV News, Deadline and Variety
James Vincent / The Verge:
YouTube launches a corrections feature, letting creators add infocards at a relevant timestamp  —  Instead of having to re-upload a whole video  —  Everyone makes mistakes, but if you mess up a fact or flub a line in a YouTube video it can be hard to correct the error.
Nilesh Christopher / Rest of World:
A look at Watchdog, a Sri Lanka-based research collective that built a fact-checking app and uses open source data to investigate the country's ongoing crises  —  From protests to power cuts, Watchdog uses open source research to investigate Sri Lanka's ongoing political and economic crisis.
 
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 More News: 
Reuters:
Sources: Baidu is in talks to sell its 53% controlling stake in iQiyi, in a deal valuing the streaming service at ~$7B; iQiyi reported its first profit in Q1
Discussion: Variety
Ash Parrish / The Verge:
Twitch expands its ad incentive program to more partners and offers bigger payouts by shifting from a flat rate for every 1,000 ads to sharing 55% of ad revenue
Sara Fischer / Axios:
The Washington Post has licensed its Arc XP CMS to 2,000+ companies, up from ~1,500 a year ago; sources: Arc XP generates ~$40M-$50M in ARR but isn't profitable
 Earlier Picks: 
Joe Flint / Wall Street Journal:
Sources: Disney considered firing Peter Rice for months; for some, he was an impassioned creative executive, for others, a malcontent off in his own fiefdom
Peter White / Deadline:
Netflix orders a 10-part reality series, Squid Game: The Challenge, with 456 English-language speakers from around the world competing for a $4.56M cash prize
Wall Street Journal:
Apple and Major League Soccer announce a 2023-2032 broadcasting deal, with games available via MLS Apple TV app or Apple TV+; source: deal is worth $250M+/year