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2:25 PM ET, February 23, 2023

Mediagazer

 Top News: 
James Fanelli / Wall Street Journal:
Ozy Media's Carlos Watson was arrested, source says on charges of conspiring to commit securities fraud and wire fraud, after an ex-exec pleaded guilty to fraud  —  Samir Rao, company's former chief operating officer, appeared in court as John Doe and admitted wrongdoing in probe of the company's practices
Spectrum News 13:
Two Spectrum News 13 crew members in Orlando were shot at the scene of a homicide investigation, and one has died, according to the Orange County sheriff  —  According to Orange County Sheriff John Mina, two members of a Spectrum News 13 crew at the scene of a homicide investigation were shot Wednesday afternoon.
Sarah Krouse / Wall Street Journal:
Netflix cut its prices on certain subscription tiers across 36+ countries in recent weeks, in some cases halving the cost; Netflix operates in 190+ countries  —  Move comes as streaming company says members ‘have never had more choices when it comes to entertainment’
Todd Spangler / Variety:
YouTube rolls out multi-language audio tracks to more creators worldwide; creators saw 15%+ of their watch time from the video's non-primary language in January  —  After an initial test over the last few months, YouTube is rolling out access to multi-language audio tracks to more creators worldwide …
Matt Dixon / Politico:
A Florida bill would weaken media protections in defamation suits, compel journalists to reveal sources, lower the threshold for a “public figure”, and more  —  TALLAHASSEE, Fla. — Florida Gov. Ron DeSantis' broken relationship with the mainstream media could get even worse.
Lucas Shaw / Bloomberg:
TelevisaUnivision reports 2022 revenue up 13% YoY to $4.7B, $1.69B operating income, Q4 profit up 5% YoY to $504.4M, and 25M+ free Vix streaming MAUs  —  Wade Davis took over as chief executive officer of Univision Communications Inc. at a rough time for the largest Spanish-language broadcaster in the US.
Alexandra Canal / Yahoo Finance:
Survey: 51% of US Apple TV+ subscribers auto renew vs. 63% for Netflix and 60% for Disney+; only 5% of respondents say TV+ has the best value for the money  —  Apple TV+'s (AAPL) “Ted Lasso” may be making its triumphant return next month — but a new survey hints the Emmy Award-winning series …
BizCommunity:
Business Insider South Africa will shut down at the end of February when a five-year licensing agreement between BI and News24 comes to an end  —  MTN, Uganda's most subscribed mobile telecommunication company has announced that it will offer use of the Facebook platform for free.
Discussion: @raju
 
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 More News: 
Kerry Flynn / Axios:
Ad tech firm Moloco, which uses machine learning to build mobile campaigns, launches a service for streaming media and OTT providers
Mickey Djuric / The Canadian Press News:
Google tests blocking news content in Search for fewer than 4% of Canadian users for about five weeks, a potential response to Canada's proposed Online News Act
 Earlier Picks: 
Alexandra Steigrad / New York Post:
Sources: Insider CEO Henry Blodget met Daily Beast executives earlier in February; Beast management later told the union a sale isn't happening “at this time”
Blake Brittain / Reuters:
Letter: the US Copyright Office says AI-generated images in a graphic novel, created using Midjourney, should not have been granted copyright protection
Charlotte Tobitt / Press Gazette:
WARC projects global ad revenue for publishers will fall 7.7% in 2023 to $47.2B; Amazon, Alphabet, and Meta will take nearly $400B of the global $993B ad market
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours
 
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