Top News:
Axios:
Meta plans to reinstate Donald Trump's Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban — - “We've always believed that Americans should be able to hear from the people who want to lead the country,” Clegg told Axios.
Discussion:
Meta, Insider, The Guardian, Semafor, CNN, Wall Street Journal, New York Times, Reason, @noahbookbinder, The Banter, MediaPost, Bloomberg, Poynter, CBS News, @sarafischer, @benshapiro, @evan_greer, @nickclegg, @yashar, @martinsfp, @oversightboard, @brianstelter, @kit_yates_maths, @oliverdarcy, @daveleeft, The Shortcut, @laurajedeed, @davidafrench, @axios, @anthonymkreis, @brianstelter, @jgreenblattadl, @justinhendrix, Metro.co.uk, @sarafischer, Washington Post, Scroll.in, Free Press Journal, The Hill, Reuters, Sputnik News, The Atlantic, The Indian Express, Los Angeles Times, UPI, The Daily Beast, CNET, Gizmodo, TMZ.com, Rolling Stone, ABC7, Associated Press, TVNewsCheck, Politico, The Verge, Reclaim The Net, Engadget, Variety, Financial Times, New York Post, The Wrap, The Information, NPR, The Hollywood Reporter, Ad Age, TechCrunch, Fortune, Mother Jones, New York Daily News and Deadline, more at Techmeme »
Sara Fischer / Axios:
In a memo to staff, Dotdash Meredith CEO Neil Vogel announces layoffs affecting 274 people, or 7% of the outlet's workforce — Dotdash Meredith, one of the largest print and digital publishers in the country, is laying off 274 people, roughly 7% of its staff, its CEO Neil Vogel told employees …
Discussion:
Observer, Wall Street Journal, @simonowens, @jeffjarvis and @petersterne, Thanks:@petersterne
Georg Szalai / The Hollywood Reporter:
NBCU reports Q4 revenue rose 5.9% YoY to $9.89B as EBITDA fell to $817M from $1.28B in Q4 2021; Peacock has 20M+ paid subscriptions and an EBITDA loss of $978M — Parent company Comcast reported its broadband and pay TV subscriber figures for the latest period.
Discussion:
MediaPost, Variety, The Streamable, Next TV, TVNewsCheck, @tvgrimreaper, @thr and Deadline
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Jennifer Maas / Variety:
Comcast and NBCU executives say they expect Peacock's losses to peak in 2023 at around $3B and “improve steadily from there” — NBCUniversal execs some big Peacock news to preen about Thursday, revealing the streamer had more than doubled its paid subscribers to 20 million customers by the end of 2022.
Discussion:
TechCrunch, The Wrap, Deadline and Media Play News
Wall Street Journal:
Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train online creators to grow, as part of a ~$10M deal reached in 2022 — Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant
Discussion:
The Wrap, The Information and @chrisharihar, more at Techmeme »
Philip Stafford / Financial Times:
Chicago-based Clouty creates a tradeable index tracking revenue made by the top 500 songs streamed globally, as private equity groups invest in music catalogs — Start-up is seeking to launch futures to let streaming companies and rights owners manage risks
Discussion:
@matthuber78
Lucia Moses / Insider:
Bloomberg plans to hire 1,000 staff in 2023, some for its news arm, and to create a new team to improve user experience and news discoverability on the Terminal — - Bloomberg LP plans to hire 1,000 people this year as other media and finance companies slash staff.
Discussion:
@lmoses and @mediaevan
Washington Post:
India has taken extraordinary measures to prevent citizens from seeing the BBC's Narendra Modi documentary, including cutting electricity and detaining students — NEW DELHI — The film had already been banned, the social media posts censored. Now, the students huddled without light …
Discussion:
New York Times, @jamewils, The Indian Express, @cbsnews, Scroll.in, Columbia Journalism Review, @kenroth, @shashj, Fortune, @ryangrim, @rashidajourno, @zebaism, @foreignpolicy, lumendatabase.org, Free Press Journal, @iamcouncil, @pierreprakash, @sagarikaghose, @pbhushan1, CBS News, Newser, @gerryshih, Insider, Slate, Al Jazeera, TIME, Foreign Policy, Reuters, Quartz, Associated Press and Rolling Stone
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Newley Purnell / Wall Street Journal:
Twitter reinstates some Hindu nationalist accounts popular in India, including some denigrating Muslims, and blocks links to a BBC documentary on Narendra Modi
Discussion:
@elonmusk, The Intercept, NBC News, VICE, @ike_saul, @benjamingoggin, @olganyc1211, @david_j_roth, @audreytruschke, MediaNama, @zaleskiluke, @thevivafrei, @karlbode, @alexgibneyfilm, @ted_scheinman, @lpolgreen, Mediaite, @snowden, The Hill, @usmanahmad_iam, @jamessurowiecki, @donmoyn, CAIR, The Wrap, The Guardian, Boing Boing and The Hollywood Reporter, more at Techmeme »
Kat Tenbarge / NBC News:
Following Adult Swim, Hulu cuts ties with Rick and Morty co-creator Justin Roiland, who worked on two Hulu productions — Hulu, Adult Swim cut ties with ‘Rick and Morty’ creator — Hulu is cutting ties with “Rick and Morty” co-creator and co-star Justin Roiland, the company said in a statement.
Discussion:
Decider, NME, CBR, Aidan's Substack, The Indian Express, Los Angeles Times, UPROXX, Deadline, Screen Rant, Insider, Kotaku, SlashFilm, UPI, TVLine, The Hollywood Reporter, Vanity Fair, Gizmodo, GameSpot, Forbes, TV Insider, People.com, Boing Boing, Eurogamer.net, The Week, GamesIndustry.biz, CBS News, Bloomberg, The Verge, Rolling Stone, Above the Line, New York Post, CNET, IndieWire and The A.V. Club
Jake Kanter / Deadline:
Three producers who worked on a Guardian podcast about its founder's slavery ties filed a formal complaint about institutional racism during the project in 2022 — EXCLUSIVE: The Guardian's plan to produce a podcast about its historical slave trade links has been the subject of a race complaint …
Discussion:
Talking Biz News, @baronessbruck, @jake_kanter and @jake_kanter
Meduza.io:
Russia designates Meduza an illegal, “undesirable organization”, meaning anyone who “cooperates” with it, including sources, can face felony prosecution — The Russian Prosecutor General's Office designated Meduza as an illegal, “undesirable organization” on Thursday, January 26.
Discussion:
Reuters, @ianbremmer and @meduza_en
Cynthia Littleton / Variety:
Penske Media's new unit Penske Media Eldridge acquires Golden Globes and other awards events owner Dick Clark Productions from Todd Boehly's Eldridge Industries — Penske Media Eldridge has acquired Dick Clark Productions in a deal that marks a major expansion for the parent company of Variety …
Discussion:
@lisatozzi, @tim_bays, WWD, PMC, The Wrap, Deadline, Billboard, IndieWire, Footwear News, The Hollywood Reporter and Rolling Stone
John Hopewell / Variety:
Roots Group, the real estate developer behind Madrid Content City, Netflix's first European production hub, plans to build a Guadalajara Content City in Mexico — MIAMI — Spain's Roots Group, the real estate developer behind Madrid Content City, the site of Netflix's European Production Hub …
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