Top News:
Sara Fischer / Axios:
Memo: BDG Media CEO Bryan Goldberg says the company is laying off 8% of its staff and “suspending operations” at Gawker 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 …
Discussion:
@leahfinnegan, @maxwelltani, Press Gazette, The Wrap, Variety, CNN, The Information, @taylorlorenz, @kindahagi, @benfowlkesmma, @oliviacraighead, @cjr, @martinsfp, @tomaxwell, @tarpleyhitt, @nkulw, @legsfrank, @anthony, @emmasarappo, @jennygzhang, @nichcarlson, @jennygzhang, @pjmaciak, @hazlitt, @samuel_rutter, @jayasax, @annetdonahue, @film_girl, @mckinneykelsey, @ericdharvey, @elenasb_, @chrislongview, @allierileyjones, @theashleyray, @ohitsstuart, @coreyatad, @uncanny_eli, @ikanteventoday, @maxwellstrachan, @emgusk, @georgeciveris, @noahlove, @martynwendell, @kyleorl, @kjfernelius, @tajjaisen, @nickripatrazone, @knibbs, @theballisorange, @christress, @therealbradbabs, @theashleyray, @clublefttennis, @luke_winkie, @uncanny_eli, @davidgross_man, @jeremypgordon, @leximcmenamin, The Daily Beast, @brandyljensen, @dwaldenwrites, @daisandconfused, @pblest, Deadline, @gaberivera, @nkulw, @jeremypgordon, @kerpen, @hunterw, @ashihipar, @mediaevan, The Hollywood Reporter, @jamesrbuk, @markwby and @brianstelter
David Satin / The Streamable:
Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.
Discussion:
TechCrunch, The Wrap, Forbes, Screen Rant, @kendallbaker, Gizmodo, @eriqgardner, @mattxiv, Media Play News, IndieWire, Toolkits, @jewish_activist, @grantmcauley, @frogs4girls, Mashable, @richardlnewby, Sky News, @ohmdee, gHacks Technology News, 9to5Mac, @ericafails, @carnage4life, @roywoodjr, @phil_lewis_, @andiesophia23 and Bustle, more at Techmeme »
Max Tani / Semafor:
The DOJ charges James Gordon Meek, an ex-ABC News foreign correspondent, with the alleged transportation of child pornography; the FBI raided his home in April — The Department of Justice is expected to announce the arrest of an award-winning investigative reporter on charges related to child pornography …
Discussion:
Department of Justice, @noahshachtman, Rolling Stone, @calebjhull, @arlnowdotcom and @semaforben
Sahil Patel / The Information:
Sources: Netflix told advertisers that new sign-ups for its ad tier doubled in January over December 2022; Netflix predicted 1.75M ad-tier subs by end of Q1 — Netflix is making progress in its plunge into advertising—slowly. — The streaming firm told advertisers in the past 10 days …
Discussion:
@sizpatel
Lauren Forristal / TechCrunch:
Apple launches its MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, playoffs, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs …
Discussion:
The Streamable, ZDNet, Big D Soccer, Deadline, Sportico, Ars Technica, The Hollywood Reporter, 9to5Mac and Apple, more at Techmeme »
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Gerry Smith / Bloomberg:
Sources: as Apple launches MLS Season Pass, the company is shopping ad packages for up to ~$4M per season, without guaranteeing advertisers viewership numbers
Discussion:
The Streamable, @justicar, @justicar, @tvgrimreaper, @larakiara, @gerryfsmith and Cord Cutters News, more at Techmeme »
Alexandra Bruell / Wall Street Journal:
Bloomberg renames its Quicktake streaming channel to Bloomberg Originals and adds more documentaries and talk shows, as it sees 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
Todd Spangler / Variety:
Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection …
Discussion:
The Streamable, CNET, TechCrunch, The Verge, Deadline, 9to5Mac, Engadget and Cord Cutters News, more at Techmeme »
Karl Brauer / Forbes:
Cars & Bids, a car auction site founded by Doug DeMuro, an automotive YouTuber who has amassed 4.5M+ subscribers since 2013, raised $37M from The Chernin Group — Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.
Discussion:
@rochoy, @gregbettinelli, @dougdemuro, The Drive and Robb Report, more at Techmeme »
Foo Yun Chee / Reuters:
Sources: Deutsche Telekom, Orange, Telefonica, and Vodafone's ad joint venture, to take on 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 …
Tom Scocca / Popula:
The New York Times' coverage of trans kids points to a newspaper crusade, focusing resources on a tiny segment of medical care compared to other teen procedures — A question to ask. At length. — EARIER THIS MONTH, the administration of Florida Governor Ron DeSantis wrote to 12 state universities …
Kayleigh Barber / Digiday:
Sources: publishers' Q1 ad revenue faces a rocky start, with January pacing 10% to 25% off forecasts and fewer clients paying for full-year deals — The first quarter is off to a rocky start for publishers' advertising businesses, and while that might not come as a surprise given the state of the economy …
Discussion:
@kayleighjbarber, @petersontee, @digiday and A Media Operator
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 — When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they're likely to pepper the Meta Platforms CEO …
Discussion:
Financial Times, @amir, Insider, @kyurieff, Metro.co.uk, What's New in Publishing, Digiday, @pkafka and @sylviavarnham, more at Techmeme »
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%+ — - Snap missed on revenue for the fourth quarter but beat on earnings. — Snap had a rough 2022, as a slowing economy led numerous companies to slash their digital ad budgets.
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