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5:50 PM ET, February 1, 2023


 Top News: 
Sara Fischer / Axios:
Memo: BDG Media suspends Gawker operations and CEO Bryan Goldberg says the company will cut 8% of its full-time staff after “a surprisingly difficult” Q1 2023  —  BDG Media is suspending Gawker and will lay off 8% of full-time staff, according to an internal memo from CEO Bryan Goldberg that was obtained by Axios.
Max Tani / Semafor:
The US DOJ charges former ABC News foreign correspondent James Gordon Meek over the alleged transportation of CSAM; the FBI raided Meek's home in April 2022  —  The Department of Justice on Wednesday announced the arrest of an award-winning investigative reporter on charges related to child pornography.
Alexandra Bruell / Wall Street Journal:
Bloomberg renames its Quicktake streaming channel to Bloomberg Originals and adds more documentaries and talk shows, after seeing growth in ad-supported video  —  News publisher to launch climate, science and sports shows on rebranded streaming platform  —  Bloomberg Media is adding …
Discussion: Talking Biz News
TikTok is limiting the number of songs that some users in Australia can post on its app, an experiment meant to assess how much they value music in their videos  —  TikTok is limiting the number of songs that users can post on its app, an experiment to assess how much they value music in their videos.
Sahil Patel / The Information:
Sources: Netflix told advertisers that sign-ups for its ad tier doubled in January 2023 over December 2022; Netflix predicted 1.75M ad tier subscribers in Q1  —  Netflix is making progress in its plunge into advertising—slowly.  —  The streaming firm told advertisers in the past 10 days …
Patrick Coffee / Wall Street Journal:
A look at ad industry meme accounts, often run by anonymous industry veterans to share news, create a sense of community among junior staff and CMOs, and more  —  Ad industry meme creators have begun breaking news, earning revenue and attracting attention from industry leaders
Foo Yun Chee / Reuters:
Sources: Deutsche Telekom, Orange, Telefonica, and Vodafone's ad joint venture meant to rival Meta and Google is set to win unconditional EU antitrust approval  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone's (VOD.L) plan to take on Big Tech …
Manish Singh / TechCrunch:
Pakistan “degrades” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” and warns of a full block if the nonprofit fails to comply  —  Pakistan has “degraded” Wikipedia in the country for 48 hours for not removing “sacrilegious contents” …
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 More News: 
Lauren Forristal / TechCrunch:
Apple launches MLS Season Pass in 100+ territories, giving soccer fans access to all MLS matches, playoffs, Leagues Cup, and more for $14.99/month or $99/year
Louis Menand / New Yorker:
A look at the emergence of media “objectivity” and growing media distrust, especially for the Washington press corps after 1968's Democratic National Convention
Cynthia Littleton / Variety:
After 21 seasons, TV talk show Dr. Phil plans to end original episodes in the spring; CBS Media Ventures hopes to syndicate repeats through the 2023-2024 season
 Earlier Picks: 
Jason Gurwin / The Streamable:
YouTube TV drops the MLB Network after failing to renew the carriage deal for the live channel; customers will also lose any recorded programming on their DVRs
Sylvia Varnham O'Regan / The Information:
Sources: seeking to boost Reels' quality, Meta executives are leaning toward relaxing the company's long-standing opposition to sharing ad revenue with creators
Matt Pearce / Los Angeles Times:
KPCC, Los Angeles' most popular FM public radio station, plans to change its name to LAist 89.3 and consolidate its radio, podcast, digital, and event offerings
Jonathan Vanian / CNBC:
Snap reports Q4 revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, and a $288M net loss, vs. $23M in net income YoY; stock drops 14%+
Caitlin Huston / The Hollywood Reporter:
Warner Bros. Discovery signs deals to license some content the company pulled from HBO Max, including Westworld, to Roku and Tubi's free, ad-supported channels