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9:15 PM ET, February 3, 2023

Mediagazer

 Top News: 
Erin Woo / The Information:
Source, document, and emails: PepsiCo and Anheuser-Busch committed to $3M+ and $2.4M, respectively, for Twitter takeover ads before and during the Super Bowl  —  After weeks of turmoil and layoffs, Twitter's sales team in recent weeks has reorganized to focus more on big advertisers and launch …
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Erin Woo / The Information:
Internal messages: Twitter wants to charge brands $1,000 per month to keep their gold verification badges, plus $50 per month for each affiliated account  —  Twitter is likely to charge brands $1000 a month to keep their gold verification badge, plus $50 a month for each affiliated account …
Mitchell Clark / The Verge:
Elon Musk says Twitter will start sharing revenue from reply-thread ads with users who pay for Twitter Blue, starting on February 3, but doesn't give details
Bloomberg:
Sources: Disney might license more of its films and TV series to rivals to earn more from its content library, a strategy shift from 2019 when Disney+ launched  —  Walt Disney Co. is exploring more licensing of its films and television series to rival media outlets as pressure grows to curb the losses in its streaming TV business.
Alexandra Bruell / Wall Street Journal:
Sports Illustrated publisher Arena Group is working with AI startups Jasper and Nota to help produce articles from its own content library and pitch journalists  —  Arena Group uses the technology to help produce Men's Journal pieces such as workout tips  —  The publisher of Sports Illustrated …
Peter Laufer / Inside Higher Ed:
Peter Laufer, a University of Oregon journalism professor, asks Gannett to donate Eugene's newspaper The Register-Guard to the university; Gannett declines  —  Travel with me to my not atypical college town, Eugene, Ore., where I'm privileged to labor as a professor at our vibrant University …
Kelsey Weekman / BuzzFeed News:
After YouTuber MrBeast made a video about paying for 1,000 blind people's eye surgery, critics raise questions about “stunt philanthropy” and “charity porn”  —  Is it stunt philanthropy or self-funded charity in the YouTube age?  —  A YouTuber just helped treat 1,000 people with blindness and low vision.
Scott Roxborough / The Hollywood Reporter:
Q&A with Danny Fisher, CEO of FilmRise, the largest independent content provider to AVOD services, on finding undervalued shows, his business model, and more  —  By betting big, and early, on the potential of advertising-backed streaming, Danny Fisher has grown the firm …
Emily Leedham / PressProgress:
Canada's Overstory Media Group, which presented itself as a local news savior and set a goal of hiring 250 journalists by 2023, has 22 journalists after layoffs  —  Journalists question Overstory Media Group's commitment to local news after gutting flagship Capital Daily's newsroom
Discussion: Ricochet
Alex Weprin / The Hollywood Reporter:
Amazon reports content spending up 28% YoY to $16.6B in 2022, of which ~$7B went to originals, live sports, and licensed third-party content included with Prime  —  The expenses related to video and music content were up 28 percent from 2021, when the tech giant spent $13 billion.
Annie Palmer / CNBC:
Amazon reports Q4 advertising services revenue grew 19% YoY to $11.56B, vs. $11.38B est., and subscription services revenue grew 13% YoY to $9.19B  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Amazon reported earnings after the bell.  Here are the results.  — Earnings: $1.39 per share
Todd Spangler / Variety:
YouTube's ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B  —  Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analyst estimates, as YouTube's ad revenue again notched a year-over-year decline.
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 More News: 
Mandy Dalugdug / Music Business Worldwide:
Los Angeles-based Shamrock Capital raises $600M+ for its third equity fund, investing in film, television, music, video games, sports rights, and other content
 Earlier Picks: 
Jim Friedlich / Nieman Reports:
About two dozen current and prospective journalism funders and practitioners met to work on a roadmap for US local news, encouraging more funding collaborations
Matthew Keys / The Desk:
The owners of 160+ local CBS affiliates pull their signals from FuboTV after its parent company Paramount excluded them from retransmission fee negotiations
Todd Spangler / Variety:
Apple reports Q1 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 6.4% YoY to $20.8B, a quarterly record but with slower growth
TechCrunch:
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead