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6:15 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.
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 …
Taylor Hatmaker / TechCrunch:
Twitch CEO Dan Clancy says the company plans to lay off 400 employees to “run our business sustainably” after user and revenue growth didn't match expectations  —  Twitch announced plans to reduce its workforce on Monday, demonstrating that even the booming streaming site …
Wendy Lee / Los Angeles Times:
NPR host Jesse Thorn's media company Maximum Fun plans to become a cooperative owned equally 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.
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
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 …
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
Chris Roush / Talking Biz News:
Business journalist Joe Bel Bruno launches The Intersect for “investors who sink cash into entertainment stocks”, with a newsletter for $10/month or $100/year  —  Longtime business journalist Joe Bel Bruno has launched The Intersect, which covers how the entertainment industry and Wall Street collide.
Discussion: @joebelbruno and The Intersect
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 …
 
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 More News: 
Mark Sweney / The Guardian:
ITV's CEO was paid £3.54M in 2022, up 7% YoY, and staff got an average 3% annual raise; low earners will get 6%, high earners 4%, and all other staff 5% in 2023
Melanie Goodfellow / Deadline:
Saudi Arabia launches a $233M program offering financial support to local and international companies making films for the country's 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:

Robert McMillan / Wall Street Journal:
A profile of CrowdStrike, founded in 2011 and used by 300 companies in the Fortune 500; Gartner: CrowdStrike has ~15% of the global security software market

Dean Takahashi / VentureBeat:
Over 200 Bethesda Game Studios workers unionize with the CWA, forming the first “wall-to-wall” union at a Microsoft game studio; Microsoft recognized the union

Joseph Cox / 404 Media:
The UK and US announce the arrest of a 17-year-old boy from Walsall, UK, suspected of being connected to the ransomware attack against MGM Resorts in 2023

 
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