Top News:
New York Times:
Justin and Ben Smith's Semafor raised $25M from Jessica Lessin, crypto billionaire Sam Bankman-Fried, and others, and plans to employ ~30 by its fall launch — The news start-up Semafor has raised $25 million from wealthy individuals, with a goal of cultivating direct relationships between its journalists and its audience.
Paul Vieira / Wall Street Journal:
The Canadian government approves legislation that will compel YouTube, TikTok, and streaming services to boost domestic content; the law now heads to the Senate — Government says measures needed to foster growth in domestic cultural sector and make Canadian content more accessible
Discussion:
@jeffjarvis, @mgeist and @paulvieira
Sara Fischer / Axios:
PwC: in 2026, the US is expected to become the first major media market to see digital newspaper ad revenue surpass print newspaper ad revenue — The U.S. is expected to make history in 2026 when it becomes the first major media market in the world to see digital newspaper ad revenue eclipse …
Discussion:
@patricialclark, @jbenton, #5SmartReads, What's New in Publishing and @blowryontv
Rolling Stone:
Filmmaker Alex Holder, who followed the Trump family for a documentary over the last six weeks of his 2020 campaign, gave the footage to the January 6 committee — Former administration and campaign officials tell Rolling Stone they had no idea a film crew had months of access to the former president and his family
Discussion:
@alexjholder, The Hill, New York Times, Politico, Insider, Mediaite, Politico, @pbump, New York Times, @maggienyt, Columbia Journalism Review, The Week, @pbump, @davidpepper, @katiephang, @eugenedaniels2, @zcohencnn, @markhertling, Mother Jones, @gerryconway, @meridithmcgraw, @tribelaw, @rschooley, The Wrap and NPR
Sarah Perez / TechCrunch:
Twitter tests Twitter Notes with select users, for creating long-form content with rich text formatting and uploaded media that can be tweeted upon publishing — In what could be one of Twitter's more significant changes since doubling the character count from 140 to 280 characters …
Discussion:
@twitterwrite, TechCrunch, Gizmodo, @davidellis, @eckhartsladder, @tomwarren, @mgsiegler, @oliverdarcy, @themojomissy, @dlberes, @stammy, @robpilk, @pressgazette, Newslit Daily, The Verge and RECHEIO, more at Techmeme »
Charlotte Tobitt / Press Gazette:
Google redesigns News, elevating local news and fact checks, and relaunches the service in Spain after eight years, following Spain adopting EU copyright rules — Google News is relaunching in Spain almost eight years after it shut down to avoid paying publishers when the country introduced …
Todd Spangler / Variety:
PwC: subscription streaming video services in the US are projected to generate $25.32B in 2022 revenue, up 13% YoY but down from 2021's annual growth of 19.5% — Subscription streaming video is cooling down from torrid growth rates seen in 2020 and '21 — fueled by pandemic lockdowns …
Discussion:
Axios
Joshua Benton / Nieman Lab:
The Washington Post is offering a promotional digital news subscription for $50/year, locked in for the next 50 years; a normal subscription costs $100/year — Anyone who tells you they know what digital news will look like in 50 years is lying. But the Post — with an owner rich enough …
Discussion:
Poynter, @jbenton, @joelmmathis, @abtran, @josh_good_ and @kierankelly
Todd Spangler / Variety:
The CEO and COO of Pornhub's parent company MindGeek resign, after an investigative report on the site's years of hosting nonconsensual sexually explicit videos — MindGeek, the internet company best known for operating Pornhub, said that CEO Feras Antoon and COO David Tassillo have resigned.
Discussion:
Globe and Mail, New Yorker, The Verge, The Guardian, New York Post, Insider, @oliviapetter1, @derlampenputzer, @ellashepston, @nickkristof, Digital TV Europe, @tednesi, @ayagruber, @lydmorrish, @cyjiong, @lailamickelwait, @hkanji, @ashleylatke, @lailamickelwait, Reuters, Input, TechCrunch, Financial Times and Gizmodo
Charlotte Tobitt / Press Gazette:
The UK unveils a Bill of Rights to replace the Human Rights Act, including making it harder for courts to order journalists to disclose their sources — The UK Government wants to make it harder for courts to order journalists to disclose their sources in its proposed Bill of Rights.
Discussion:
The Sun, @baekdal, @speechunion, @howkinsauthor and A Lawyer Writes
Charlotte Tobitt / Press Gazette:
Richard Wallace, editor of the Daily Mirror from 2004 to 2012, joins News UK's TalkTV as head of TV — Former Daily Mirror editor Richard Wallace is joining News UK's TalkTV as head of TV. — Wallace was editor of the Mirror from 2004 to 2012 and later worked for Simon Cowell as SVP TV and production for Syco Entertainment.
Discussion:
@piersmorgan and @jimwaterson
Sara Fischer / Axios:
A look at Stroll, an 18-year-old local magazine company that operates ~600 free, print-only, hyper-local magazines in 48 states and had $131M in revenue in 2021 — N2, a local magazine company, will rebrand next week as “Stroll,” bringing all of its 650+ local print magazines under the same branding, executives tell Axios.
Discussion:
@jpiacenza, @scmitchp, @michaelkruse and @sarafischer
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