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8:40 PM ET, March 15, 2023


 Top News: 
Charlotte Klein / @charlottetklein:
Alexandra Bruell / Wall Street Journal:
BuzzFeed News EIC Karolina Waclawiak says that to get to profitability, the outlet plans to publish more, focus on resonating topics, and pursue investigations  —  ‘What we can control is how many stories we publish each day,’ BuzzFeed News editor in chief tells newsroom
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui, tied to GTV Media, with defrauding his online followers out of $1B+ and arrests him; the DOJ seizes $634M  —  The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating …
Tim Baysinger / Axios:
Sources: Diamond expects to lose some MLB rights via bankruptcy but could retain, a source says, the sports rights for 16 NBA and 12 NHL teams the company owns  —  Diamond Sports Group expects to come out of its bankruptcy process with fewer teams' rights, with the cuts coming from its baseball roster …
Dietrich Knauth / Reuters:
Diamond Sports, which operates the Bally Sports channels, files for Chapter 11 bankruptcy in Texas, listing both assets and liabilities as between $1B and $10B
Matthew Keys / The Desk:
Bankruptcy docs: Diamond Sports owes $1.8B to US Bank, $77.2M to Dolan Broadcast, $40.1M to DirecTV, $30.8M to Arizona Diamondbacks, $15M to Intelsat, and more
Michael J. Socolow / The Conversation:
While Americans across the political spectrum have a growing disdain for journalism, media criticism comprises an essential component of a vibrant democracy  —  Everyone seems to hate what they call “the media.”  —  Attacking journalism - even accurate and verified reporting - provides a quick lift for politicians.
Sahil Patel / The Information:
Sources: the NBA wants to triple its revenue from TV deals; Amazon is interested in the NBA rights but has no intention of overpaying for a multiyear package  —  The NBA is one of the most popular sports leagues in the world.  It also has high hopes for squeezing far more money out of media outlets …
Jon Allsop / Columbia Journalism Review:
A journalists' union in Athens apologized for downplaying repeated warnings about Greece's rail system; some blame a larger deficit of accountability journalism  —  Two weeks ago, a passenger train and a freight train collided on the line between Athens and Thessaloniki, in Greece.
Sara Fischer / Axios:
Snap plans to begin publishing its guidelines for serving personalized Snapchat content after previously sharing them with publishing partners and some creators  —  Snapchat on Wednesday said it will begin publishing guidelines that detail what types of content gets algorithmically distributed in its app to users.
Chris Roush / Talking Biz News:
Fortune CEO Alan Murray told staff that pageviews grew 90% YoY in 2022 to 427M, syndication revenue grew 87% YoY, and social referral traffic grew 300% YoY  —  Fortune magazine CEO Alan Murray sent out the following to the staff on Wednesday:  —  Hello Fortune team!
Discussion: @tvgrimreaper
Ingrid Lunden / TechCrunch:
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, using GPT-3.5  —  Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform …
Colin Mann / Advanced Television:
Aluma Insights: 50%+ of US subscribers to the top 16 SVODs view Netflix, Hulu, and Disney+ as essential and Epix Now, Apple TV+, and Peacock as least essential  —  New research from Aluma Insights finds two-thirds of US Netflix buyers view the service as indispensable to meeting household video needs.
Discussion: The Streamable and MediaPost
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 More News: 
Todd Spangler / Variety:
Mythical, a studio built on YouTube by Rhett McLaughlin and Link Neal, launches a 24-hour free streaming channel on Roku, showing Good Mythical Morning and more
Discussion: @rhettmc
 Earlier Picks: 
The Guardian:
Internal chats: after UK government pressure, BBC editors asked reporters to avoid using the word “lockdown”; the BBC says the messages are “out of context”
Jason Kottke / turns 25: the weblog with around 40K posts was started by Jason Kottke when he was 24 and has been his full-time job supporting his family since 2005