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5:15 PM ET, January 19, 2023

Mediagazer

 Top News: 
Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos  —  Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022  —  Reed Hastings is stepping …
RELATED:
Meg James / Los Angeles Times:
New Mexico prosecutors charge Alec Baldwin and the armorer of the movie “Rust” with involuntary manslaughter for cinematographer Halyna Hutchins' on-set death  —  New Mexico prosecutors said they are filing felony criminal charges against actor Alec Baldwin and the armorer …
Wall Street Journal:
Nexstar reaches a multiyear deal to broadcast the Saudi Arabia-funded LIV Golf tour on The CW Network; until now, LIV events have been available online for free  —  Partnership will determine the Saudi-funded golf tour's financial viability  —  LIV Golf, the controversial Saudi-funded golf tour …
Justin Baragona / The Daily Beast:
Right-wing YouTuber Steven Crowder, who has 5.94M subscribers on the platform, feuds with Ben Shapiro's The Daily Wire, which offered him a $50M four-year deal  —  Right-wing blowhard Steven Crowder is accusing Ben Shapiro's media empire of being in bed with Big Tech—fighting words that have ignited a heated public dispute.
Financial Times:
Patreon, Substack, and other “passion economy” startups are cutting staff and abandoning fundraising plans; Dealroom: investments fell 75% YoY to $801M in 2022  —  Once high-flying start-ups that serve online creators and influencers have been forced into a painful retrenchment …
more at Techmeme »
Naman Ramachandran / Variety:
Amazon and DAZN sign a global distribution partnership that will make DAZN available as a Prime Video Channel for an extra monthly fee for Prime Video customers  —  Amazon and DAZN have signed a global distribution partnership that will see DAZN's direct-to-consumer sports streaming service available as a Prime Video Channel.
Todd Spangler / Variety:
Fandom cuts jobs at GameSpot, Giant Bomb, Metacritic, and TV Guide, four months after their ~$50M acquisition from Red Ventures; source: under 10% are impacted  —  Fandom has made an unspecified number of layoffs at GameSpot, Giant Bomb, Metacritic and TV Guide — four months after buying …
Discussion: @ashleylcarter1
Parker Molloy / The Present Age:
News media should've sent a signal to Twitter by not tweeting after the site suspended some journalists' accounts; Fox News once boycotted Twitter for 16 months  —  Fox once abandoned Twitter for 16 months in a vague, nonsensical protest.  News outlets with legitimate grievances …
Max Read / Read Max:
The most important thing a blogger can do to develop and retain an audience is to post regularly and frequently, as evidenced by Matt Yglesias' success  —  How to be a successful content entrepreneur  —  What is the secret to a successful career as a blogger/newsletter author/content creator?
 
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 More News: 
Mark Stenberg / Adweek:
Ad revenue made up 15% of INN members' revenue in 2022, up from 3% in 2018; ~430 nonprofits made $66M in 2021 ad revenue vs. The New York Times' almost $500M
Discussion: The Keyword
Wall Street Journal:
Sources: WWE Executive Chairman Vince McMahon agrees to a multimillion-dollar settlement with a former wrestling referee who accused him of raping her in 1986
 Earlier Picks: 
Rich Johnston / Bleeding Cool:
Amazon's layoffs have reportedly impacted up to 50% of staff at digital comic book publisher and distributor ComiXology, which the company acquired in 2014
Zoe Samios / Sydney Morning Herald:
The Age in Melbourne, Australia, appoints news director Patrick Elligett as its editor, replacing Gay Alcorn, who stepped down in December 2022 after two years
 

 
From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

David Pierce / The Verge:
Google announces a new Platforms and Devices team overseeing Pixel, Android, Chrome, Photos, and more, to integrate AI across its products, led by Rick Osterloh

Kris Holt / Engadget:
Meta cuts the price of the base 128GB Quest 2 from $249 to $199, its second permanent price cut in four months, after a drop from $299 to $249 in January
 
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