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Research: the rate of US newspaper closures, about two per week, did not change during the pandemic; 360+ US newspapers closed between late 2019 and May 2022 — The same pace — about two closures per week — was occurring before the pandemic. — Give this article- - - Read in app

Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries — No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.
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NBC News, Snap Newsroom, Insider, @alexeheath, Music Ally, Variety, @snapchat, @mattnavarra, @kiruti, ScreenRant, Tubefilter, Axios, The Hollywood Reporter, Doubt is Welcome, Reuters, Adweek, Engadget, 9to5Mac and The Hill

Netflix faces higher subscription churn rates than in the past, apparently leading to the strategy of releasing shows like Stranger Things and Ozark in chunks — One chart that tells you a lot about the state of the streaming service. — Netflix spends around $17 billion a year on new TV shows and movies.
Discussion:
@masasoncap and The Streamable
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Substack lays off 13 of its 90 employees as it tries to conserve cash during a funding crunch for startups; source: cuts hit HR, writer support, and other roles — The newsletter start-up discussed raising funding last year but abandoned the plan after the market for venture investments cooled.
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Defector, Axios, @leavittalone, @benmullin, @mslopatto, @stevekovach, The Verge, @josephpillidge, TechCrunch, @sarafischer, @s_m_i, The Wrap, Bloomberg and Variety

A look at DC-based Punchbowl, which had 3,000+ subscribers paying $300 per year in late 2021, as critics question the ethics of hosting events with lobbyists — A Friday morning last fall, in the subterranean labyrinth of the Capitol building, on either side of thick double doors: a throng of reporters and the House Democratic Caucus.
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@betsymorais, @rafat, @hemjhaveri, @cjr, @cjr, @jayrosen_nyu, @jon_allsop, @claireatki, @_cingraham, @elwasson and @lutherlowe

A look at YouTube “media critics”, who use humor to dissect the output of more popular YouTubers, discuss the absurdities of social media influencers, and more — One of the most popular genres of videos online is to comment on other videos online. Are they comedians or media critics?
Discussion:
@niemanlab and @jeffjarvis, more at Techmeme »

Maria Ressa says the Philippines' SEC told Rappler to shut down; Ressa: Rappler will fight the order affirming an earlier decision revoking incorporation papers — HONOLULU — Nobel Peace Prize laureate and journalist Maria Ressa said Tuesday that the Philippine government has ordered her news organization to shut down.
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icfj.org, The Guardian, BBC, RAPPLER, @reaproy, The Diplomat, @pressfreedom, @moonalice, @icfj, @ronwyden, @lauraedelson2, @icfj, @rapplerdotcom, @ilda_talk, Newser, @rapplerdotcom, @lianbuan, @article19org, @kenroth, SPJ News, Associated Press, @ancalerts, @karaswisher, Committee to Protect …, CBS News, Bloomberg, CNN, @brooklynmarie, @jairaroxas_, @maxwalden_, @icijorg, @kylecmatthews, @jason_kint, @nathanbomey, @dangillmor, @davetroy, @khadijapatel, @sarakgoo, @marklittlenews and Al Jazeera

Sources: Nexstar is close to a deal to acquire 75% of The CW, with Paramount and Warner Bros. Discovery each retaining 12.5% stakes — Owner of local TV stations is looking to broaden CW's programming to cater to older audience — Nexstar Media Group Inc., NXST -1.19%▼ …
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MediaPost, Benzinga, The Wrap, @tim_bays, Deadline, Next TV, @tvgrimreaper and @nottheribbons

Nielsen: during two daytime hearings last week, Fox averaged 727K viewers vs. 3.09M on MSNBC and 2.21M on CNN; Fox audience dropped when hearings started at 3pm — NEW YORK (AP) — Fox News Channel is airing the Jan. 6 committee hearings when they occur in daytime hours and a striking number …
Discussion:
Adweek, @ap, Mediaite, Columbia Journalism Review and CNN

Duke Reporters' Lab says fact-checking projects grew from 168 in 2016 to 391 in 2021 globally; Meta says it has spent $100M to underwrite fact-checking outlets — OSLO — Members of fact-checking organizations from around the globe met last week for their first in-person conference in three years …
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@jordylancaster, @pcunliffejones, @neontaster, @maxblumenthal, @washingtonpost and Poynter

Sources: Amazon is nearing a deal with UEFA for three-year broadcast rights to its flagship Champions League soccer competition and two others — Amazon.com Inc. is nearing a deal to broadcast Europe's top football tournament in the UK for the first time, according to people familiar with the matter …
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Medallion XLN's Newsletter

Antonio de la Cruz, a reporter for Mexican newspaper Expreso, was shot dead on Wednesday, the 12th journalist killed in the country in 2022 — A Mexican reporter was killed Wednesday in one of the country's most violent northern border states, authorities and his employer said …
Discussion:
@kylie_madry and @jbwashing