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3:00 PM ET, February 8, 2024

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RELATED:
Sara Fischer / Axios:
Dow Jones CEO Almar Latour says the company had 3.17M digital-only subscriptions in Q4 2023, up 60% on Q3 2019, and 80% of its revenue comes from subscriptions  —  Dow Jones, the parent company to the Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily and Financial News …
Kenneth Li / Reuters:
Thomson Reuters reports Reuters News Q4 revenue rose 11% YoY to $220M, driven mainly by generative AI licensing, and adjusted EBITDA grew 56% YoY to $61M  —  Thomson Reuters Corp (TRI.TO) on Thursday reported higher than expected profit but sales of divisions impacted total revenue growth …
Ben Smith / Semafor:
An interview with Piers Morgan on ending his live broadcast show Piers Morgan Uncensored on News UK's TalkTV to focus on YouTube  —  The Scoop  —  The British broadcaster Piers Morgan is giving up his live, daily, hour-long evening news show for a YouTube-first, digitally native …
Ashley Fetters Maloy / Washington Post:
Q&A with millenial EICs of five fashion outlets on how the job has changed since its heyday, relationships with advertisers, accountability to readers, and more  —  Town cars are over, transparency has replaced aspiration and diversity finally exists.  Top editors talk about leading a style magazine in 2024.
Kurt Wagner / Bloomberg:
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more  —  An excerpt from Battle for the Bird shows how Twitter's two most prominent leaders contributed to its current dilemma.
Jennifer Maas / Variety:
Disney Q1: 111.3M Disney+ subscribers, down from 112.6M in Q3, Disney+ Hotstar adds 700K subscribers to 38.3M, and expects streaming profitability by Q4 2024  —  In its financials, which cover the Mouse House's first quarter for its fiscal year 2024, Disney projects adding between 5.5 million …
RELATED:
Sarah Whitten / CNBC:
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more
Alex Sherman / CNBC:
Disney plans to launch ESPN's D2C service in August or the fall of 2025, and include integration with ESPN's fantasy platforms and ESPN Bet
Sarah Whitten / CNBC:
Disney reports Q1 revenue of $23.55B, about the same from a year ago, operating income up 27% YoY to $3.9B, and raises its guidance; DIS up 5%+
Wall Street Journal:
Sources: NFL, NBA, and other sports leagues were kept in the dark about the sports streaming platform being launched by Disney, Warner Bros. Discovery, and Fox  —  NFL, NBA digest details of new platform looming over their businesses  —  Sports leagues including the National Football League …
RELATED:
Dade Hayes / Deadline:
Fubo says it is concerned about the “impact on fair market competition” after Disney, Fox, and WBD announced a sports streaming platform; FUBO closed down 20%+
 
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 More News: 
David Gilbert / Wired:
How a Russian disinformation campaign is using bots, lifestyle influencers, and state-run media to boost calls for a US “civil war” over the Texas border crisis
Charlotte Tobitt / Press Gazette:
UK-based ITN warns about AI deepfake online videos featuring some of its leading journalists, and says Meta can be slow to act once alerted to such content
Reed Albergotti / Semafor:
Q&A with Medium CEO Tony Stubblebine on Medium expecting to turn a profit in 2024, distribution, training LLMs, AI-generated content, media layoffs, and more
Isaiah Colbert / IGN:
Funimation plans to shut down on April 2, and provides an option to merge users' account with Crunchyroll; copies bought on Funimation won't work on Crunchyroll
 Earlier Picks: 
Alberto Fittarelli / The Citizen Lab:
How a network of 123+ China-based websites posing as local news outlets in 30 countries in Europe, Asia, and Latin America spreads pro-Beijing disinformation
Jem Aswad / Variety:
Memo: Warner Music plans to lay off 10% of its staff, or 600 people, wind down its podcast network Interval Presents, and sell the websites Uproxx and HipHopDX
 

 
From Techmeme:

Nick Robins-Early / The Guardian:
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B

Zac Bowden / Windows Central:
Microsoft unveils Bing generative search, which shows AI-generated answers with the sources used to create them, currently available to a small subset of users

Josh Eidelson / Bloomberg:
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750

 
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