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7:50 PM ET, December 1, 2022


 Top News: 
Brian Steinberg / Variety:
Sources: CNN will no longer produce live programs for HLN and will simulcast CNN This Morning; layoffs include CNN correspondent Chris Cillizza  —  HLN, the cable network once known as CNN Headline News, is home to a bevy of true-crime series, endless showings of “Forensic Files,” and …
Ted Johnson / Deadline:
Memo: CNN CEO Chris Licht outlines changes amid layoffs, including restructuring some beats to cover the US “more broadly”; CNN Digital will have no impacts  —  CNN Worldwide Chairman and CEO Chris Licht outlined the network's changes as the network went through a significant round of job cuts.
Alex Weprin / The Hollywood Reporter:
Chris Licht tells CNN staff that layoffs are underway as part of a strategy shift, starting with “a limited number of individuals”, mostly paid contributors
Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October  —  Despite a joint statement between Ye (fka Kanye West) and Parler in October noting that the two had reached an agreement for the rapper to buy …
Sara Fischer / Axios:
Sources: The Recount, a video news startup founded by John Battelle and John Heilemann in 2018, tells staff it plans to suspend operations next Friday  —  The Recount, a video news startup that launched in 2018, told employees it plans to suspend operations next Friday, sources told Axios.
Source: a16z's Future is shutting down; Future hasn't published a new article in months, most of its editorial staffers have left, and its newsletter is defunct  —  Future was the next big thing in media.  —  Launched in June of 2021, it was billed as a buzzy new tech publication …
Catherine Perloff / Adweek:
Sources: Yahoo paid no cash for its 25% stake in Taboola; source: Taboola will issue new shares as part of the deal, giving Yahoo an equity stake  —  The terms are another facet of a recessionary-friendly deal  —  Yahoo is not paying cash to own the approximate 25% stake …
Discussion: @catherineperlo1
Hanaa' Tameez / Nieman Lab:
The Washington Post unveils Newsprint, similar to Spotify Wrapped, telling subscribers how many stories they read, which writers they read most often, and more  —  When Spotify Wrapped first launched in December 2016, the streaming company proved user data could be artfully transformed into an engaging product users would share.
Associated Press:
Amazon CEO Andy Jassy says the company does not plan to stop selling “Hebrews to Negroes: Wake Up Black America”, an antisemitic film promoted by Kyrie Irving  —  Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film …
Benjamin Mullin / New York Times:
Gannett begins another round of layoffs, looking to cut 6% of its roughly 3,440-person US workforce, after laying off 400 people in August  —  The largest newspaper chain is cutting roughly 6 percent of its 3,440-person U.S. media division.  —  Gannett, the largest newspaper chain in the United States …
Wall Street Journal:
Sources: Netflix plans to expand its pre-release content screening program, the Netflix Preview Club, from 2,000+ users to tens of thousands in early 2023  —  Streaming giant plans global expansion of program that helped make 'Don't Look Up' less serious  —  Netflix's Turbulent Year: How It Reversed Subscriber Losses
Brian Steinberg / Variety:
NBC News promotes Catherine Kim to SVP of NBC News Editorial, overseeing both TV and digital news  —  Catherine Kim, a senior NBC News executive who has played a significant role in the evolution of the company's digital efforts, will now have more say over some of its TV work as well.
Discussion: The Wrap, TVNewser and @bristei
Sara Fischer / Axios:
National Geographic's new EIC Nathan Lump says the outlet does not plan to reduce its monthly print publishing schedule and will invest in social video  —  National Geographic's new editor-in-chief Nathan Lump plans to invest more in social video as the brand continues to modernize, he told Axios in an interview.
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 More News: 
Elahe Izadi / Washington Post:
How journalists for the BBC and Persian-language Radio Farda cover the protests in Iran from thousands of miles away, relying on sources and verification
Gerry Smith / Bloomberg:
NBCU plans to begin streaming its regional sports networks on Peacock later in 2022 after negotiating streaming rights with teams and leagues
Lucas Manfredi / The Wrap:
Paramount launches its ad-supported streaming service Pluto TV in Canada in partnership with local broadcaster Corus Entertainment
Discussion: The Streamable and MediaPost
 Earlier Picks: 
Karlene Lukovitz / MediaPost:
Antenna: 32M+ subscriptions were canceled across 10 leading SVOD services in Q3, up 14% from Q2; Netflix churn rose from 1.9% in 2020 to 3.3% in 2022
Discussion: Light Reading
Wall Street Journal:
How Twitter users in China have been circumventing the nation's Great Firewall and fighting spam to get footage of protests out to the rest of the world
Matthew Keys / Fierce Video:
Ohio's AG files a motion asking that two of the state's pension systems become lead plaintiffs in a shareholder lawsuit accusing WBD of securities violations

From Techmeme:

Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial

Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B

Mariella Moon / Engadget:
X says Likes are now private for everyone, meaning users are no longer able to see who liked someone else's post

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