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5:15 PM ET, January 30, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
Alphabet CEO says its digital subscription services, including YouTube Premium and YouTube TV, are on a $15B annual revenue run rate, up fivefold since 2019  —  Alphabet's suite of digital subscription services — including YouTube Premium, YouTube Music, YouTube TV and Google One cloud storage …
RELATED:
Todd Spangler / Variety:
YouTube Q4 2023 ad revenue rose 15.5% YoY to $9.2B, roughly in line with expectations; in Q4 2022, YouTube's ad sales fell almost 8%  —  Q4 ad revenue for YouTube came in at $9.20 billion, roughly in line with Wall Street expectations, continuing the momentum from the third quarter of last year.
The Information:
Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin  —  When TikTok creators start a livestream to chat about their new favorite hairbrush, dog toy or cleaning product, they're usually doing so from a setup in their own home.
RELATED:
Alex Barinka / Bloomberg:
TikTok is testing a feature that could make all posts shoppable, by identifying objects in videos and prompting users to “find similar items on TikTok Shop”
Mark Stenberg / Adweek:
Memo: TechCrunch plans to wind down TC+, its paid subscription product launched in 2019 as ExtraCrunch, and lays off ~8 employees, amid media industry-wide cuts  —  The Yahoo-owned publisher first launched TC+ in 2019  —  Technology publisher TechCrunch laid off around eight staff members Monday …
Emilia David / The Verge:
The NYT starts hiring for a team that will explore the use of generative AI in the newsroom “to help with reporting and how the Times is presented to readers”  —  The New York Times will begin building a team to explore the use of generative AI in its newsroom.
Matthew Kish / Oregonian:
The Oregonian plans to appeal a court order to not publish info from docs that a lawyer accidentally sent it, saying prior restraint goes against 1A  —  A federal judge on Friday ordered The Oregonian/OregonLive not to publish information from documents it obtained last week from an attorney …
Bloomberg:
French media conglomerate Vivendi formally proposes splitting into four separately traded companies, including one for the film and TV studio Canal+  —  - Vivendi has complained about its stock trading at a discount  — Canal+ is largest unit, accounting for more than half of sales
Discussion: Reuters
Hanaa' Tameez / Nieman Lab:
The Daily Iowan, the University of Iowa's independent student newspaper, purchases two weekly local newspapers, the Mount Vernon-Lisbon Sun and Solon Economist  —  Student journalists in Iowa will now have more chances to hone their reporting skills while strengthening local news.
Nicole Sperling / New York Times:
Talent agency WME partners with tech startup Vermillio to protect WME clients from thefts of their likeness and IP by using AI technology to track images  —  WME said the partnership would help its clients get fake images of themselves removed or receive compensation for use of their likenesses.
 
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 More News: 
Meg James / Los Angeles Times:
The Los Angeles Times Interim Executive Editor Terry Tang names Hector Becerra as the paper's managing editor; Becerra joined The Times in 1999
Daniel Thomas / Financial Times:
WPP plans to spend £250M on AI development in 2024 and make similar investments in the future, as part of an overhaul of its operations to meet client demands
Andrew Goudsward / Reuters:
The US sentences IRS contractor Charles Littlejohn to five years in prison for leaking the tax returns of Donald Trump and other Americans to media outlets
 Earlier Picks: 
Michael Hardy / Texas Monthly:
A look at the decline of Austin American-Statesman, as Gannett steadily slashes staffing and budgets despite the paper winning a Pulitzer for Uvalde reporting
Nathan Wilk / OPB:
The Eugene Weekly plans to return to print on February 8, rehiring essential staff after $150K in donations, following an alleged embezzlement in December 2023
Theo Francis / Wall Street Journal:
Reed Hastings donates $1.1B worth of his Netflix shares, or ~40% of his stake, to the Silicon Valley Community Foundation, a popular charity among tech founders
Christopher Kuo / New York Times:
Ukraine's foreign ministry criticizes HBO for casting Milos Bikovic in The White Lotus' season three, saying without evidence the Serbian actor supports Russia
Sarah Perez / TechCrunch:
Plex raised new funding, larger than the $50M funding it raised in 2021, and expects to be profitable by the end of 2024
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever
 
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