Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
2:55 PM ET, March 20, 2023

Mediagazer

 Top News: 
Max Tani / Semafor:
Source: Vice Media Executive Chairman Shane Smith sold $100M+ of his shares in Vice, ~25% of the outlet's current value, during a $500M fundraising deal in 2014  —  After Vice raised $500 million in 2014, its CEO and co-founder Shane Smith remarked to a friend that he'd become “post-economic.”
Lucas Shaw / Bloomberg:
Sources: Netflix's ad-supported tier reached ~1M MAUs in the US after its second month, and the company fulfilled its forecasted deliveries to advertisers  —  Good afternoon from Los Angeles.  It's good to be home and I hope your March Madness bracket is doing better than mine.
Taylor Hatmaker / TechCrunch:
Twitch CEO Dan Clancy says the company will lay off 400 employees after growth, both of users and revenue, has not kept pace with its expectations  —  Twitch announced plans to reduce its workforce on Monday, demonstrating that even the booming streaming site isn't immune the reductions …
Inside Higher Ed:
A group of librarians argue the Internet Archive is a library, saying that the four major publishers' lawsuit threatens the development of digital collections  —  A lawsuit against the Internet Archive threatens the most significant specialized library to emerge in decades, say a group of current and former university librarians.
RELATED:
Maria Bustillos / The Nation:
A look at four publishers' lawsuit against the Internet Archive, which hinges on defining the legal ownership of ebooks, ahead of oral arguments on March 20
Carol E. Lee / NBC News:
Source: in his upcoming testimony to Congress on March 23, TikTok CEO Shou Zi Chew plans to reveal TikTok has 150M MAUs in the US, up from 100M in August 2020  —  When TikTok CEO Shou Zi Chew testifies before Congress on Thursday, he plans to unveil new internal data that suggests …
Wendy Lee / Los Angeles Times:
NPR host Jesse Thorn's media company Maximum Fun to become a cooperative owned by its 16+ workers, a novel business model in the podcast industry  —  Jesse Thorn has built a sizable audience with his podcast business Maximum Fun.  His NPR interview show, “Bullseye With Jesse Thorn,” …
Aisha Malik / TechCrunch:
Netflix plans to launch 40 games in 2023 and has a further 70 in development with its partners, after releasing 55 titles since adding games in November 2021  —  Netflix has announced that it has 40 games slated for launch this year and has 70 in development with its partners.
The Guardian:
The BBC urges its staff to delete TikTok from their work phones due to “data privacy and security” concerns, unless there is “a justified business reason”  —  Move comes after UK government bans app on government devices over fears of data being accessed by Chinese state
Emily Russell / Columbia Journalism Review:
Q&A with media policy expert Victor Pickard on the NPR layoffs, the JCPA's reform failure, and how government funding can better support public and local media  —  b  —  Recently, NPR announced that it would lay off ten percent of its staff and eliminate vacant positions to compensate …
Nilay Patel / The Verge:
Q&A with Barnes & Noble CEO James Daunt on rescuing the company by halving its central workforce, how his business differs from Amazon's, book bans, and more  —  CEO James Daunt explains how Barnes & Noble is different than Amazon. … In this installment of our Centennial Series …
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 2:55 PM ET, March 20, 2023.

View the current page or another snapshot:


 
 Who's Hiring in Media? 
 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Melanie Goodfellow / Deadline:
Saudi Arabia launches a $233M program offering financial support to local and international film companies making content for its burgeoning cinema industry
Discussion: Variety
Rebecca Jennings / Vox:
A look at YouTube and TikTok “hustle gurus” claiming to teach followers how to earn passive income through dropshipping, crypto schemes, AI companies, and more
Jack Holmes / Esquire:
Q&A with CNN's Jake Tapper on the difference between straight news broadcasts and cable news, Jon Stewart's impact on TV news, attempting objectivity, and more
 Earlier Picks: 
William Turvill / Press Gazette:
Daily Mail owner DMGT and the Independent Community News Network join Google News Showcase, meaning Google has signed up all UK national newspaper publishers
Danya Hajjaji / The Guardian:
Report: BBC chair Richard Sharp helped close friend Caroline Daniel land a editorial advisor role in 2021; the BBC says the relationship was “fully disclosed”
Michael Savage / The Guardian:
Opinium poll: Gary Lineker's suspension pushed BBC News' net trust score in the UK down to +14%, below ITV News' +23%; 26% think the BBC is generally neutral
Julia MacCary / Variety:
YouGov: a quarter of US adults wait for a streaming original's finale before starting, of which 27% fear the show being canceled and 48% prefer to binge watch
 

 
From Techmeme:

Bloomberg:
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial

Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B

Mariella Moon / Engadget:
X says Likes are now private for everyone, meaning users are no longer be able to see who liked someone else's post

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page