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Internal memo: Vice Media executives plan to lay off hundreds of its 900+ employees over the next week, and the company is in advanced talks to sell Refinery29 — Vice Media, which emerged from bankruptcy last year, is planning to cut hundreds of its more than 900 employees, according to people familiar with the matter.
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Internal memo: Vice Media “will no longer publish content on vice.com” and may partner with established media companies to distribute its content — Cuts follow failed effort by owner Fortress to sell embattled digital publisher and its brands — Vice Media said it would stop …
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@janusrose, CNN, Defector, Press Gazette, @annamerlan, Variety, @motherboard, Al Jazeera, @lorenzofb, @felixsalmon, OrissaPOST, @katiedrumm, @scottnover, @timmarchman, @theloniusly, @maxwelltani, @ameliargh, @bcmerchant, @katiedrumm, @neuwaves, @benmullin, @maxwelltani, @tati_wm, @elaheizadi, @bcmerchant, @rumpfshaker, @leximcmenamin, Awful Announcing, The Guardian, @stefthepef@mastodon.social, Deadline, @karlbode.bsky.social, Talking Biz News, @BenjaminHCCarr@hachyderm.io, Bloomberg and Mediaite


Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU — - Reddit on Thursday filed to go public. — Its market debut will mark the first major tech initial public offering of the year …
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Securities and Exchange Commission, Quartz, The Verge, TechStartups, NBC 7 San Diego, Raw Story, 9to5Mac, CityAM, Mashable India, TweakTown, The Guardian, @mikeisaac, @alexeheath, The Information, Wired, Deadline, NPR, @carnage4life@mas.to, Variety, New York Times, TechCrunch, Bloomberg, Wall Street Journal, Reuters and NBC Bay Area, more at Techmeme »
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Google strikes a deal with Reddit, reportedly for $60M/year, giving Google access to the Reddit Data API to surface more Reddit content and train AI models — Google today announced an “expanded partnership” with Reddit that sees it get access to the forum website's data for training and other product uses.
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The Verge, @edmundlee@threads.net, Wall Street Journal, WinBuzzer, @rustybrick, @glenngabe, @mmitchell_ai, @cherthedev, CNET, Reddit Upvoted, 404 Media, @annatonger, @reuters, @chirag_mehta, @reuters, @toddlombardo, @mrjnowlin, @basedtorba, @brij, @mattnavarra@threads.net, @documentingmeta@threads.net, MobileSyrup, Benzinga, Emil Protalinski on LinkedIn, The Decoder, KnowYourMobile, TechStartups, @crumbler@threads.net, MSPoweruser, Quartz, CoinXposure, The Keyword, David Callahan on LinkedIn, The Wrap, Search Engine Land, New York Post, One Man & His Blog, Gizmodo, The Verge, @carnage4life@mas.to, Reuters, The Information, r/news, r/privacy, r/singularity and r/google, more at Techmeme »

S-1: the Newhouse family's Advance owns 30.1% of Reddit, Tencent owns 11%, and Sam Altman owns 8.7%; post-IPO, the Newhouse family will hold two board seats
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WinBuzzer, Business Insider, KNSD-TV, The Information, @kevinrns@mstdn.social and Bloomberg, more at Techmeme »


Tim Burke is charged with 14 crimes related to alleged computer hacks at Fox News, including six counts of accessing a protected computer without authorization — Burke, a nationally recognized media consultant, is scheduled to appear in federal court Thursday in Tampa.
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Rolling Stone, Washington Post, The Desk, @willsommer, Poynter, Mediaite, @matthewkeyslive, Electronic Frontier Foundation, @mathewi, WFLA-TV, @matthewkeyslive, @martinbowling, @jordanuhl, @oliviacgeorge, @collinsherwin, @kthorjensen, @ralphamsden, @tessastuart, @carlfranzen, New York Post, Freedom of the Press …, @bennett@assemblag.es, @Naureckas@mastodon.world, Awful Announcing, CNN, The Wrap, The Daily Beast, @oneunderscore__@threads.net, @chathamharrison.bsky.social, Daily Mail and @ryanlcooper.com


An interview with studio owner Tyler Perry, who says he's putting an $800M studio expansion in Atlanta on hold after seeing the capabilities of OpenAI's Sora — The actor, filmmaker and studio owner is raising the alarm about the impact of the tech, saying, “I feel like everybody in the industry …
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Variety, The Guardian, The Source, Advanced Television, @jessefuchs.bsky.social, @katiekilkenny7, @oldmatecans.bsky.social, @discussingfilm, @saverio825, @thr, @hypercubexl.bsky.social, @scumbelievable.bsky.social, The A.V. Club, @cousins.bsky.social, @stopsatgreen@threads.net, @talentagencyguide@threads.net, @lkimmasters@threads.net, The Wrap and Deadline


Google confirms “a small subset of users” have been temporarily unable to access the News tab filter in search results pages as part of ongoing testing — News publishers are worried — with good reason — about changes coming to Google Search.
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@liahaberman, @laurahazardowen, @chosford1, @walldo, Wired, @tomgara, @giovanni_bouden, @tdasilvarosa, @susancb and @niemanlab@mastodon.social


WBD reports Q4 revenue down 7% YoY to $10.3B, adjusted EBITDA down 5% YoY to $2.5B, 97.7M global streaming subscribers, and a $103M streaming profit for 2023 — The owner of the TNT and TBS cable networks,. the Warner Bros. studio and the Max streaming service reported a loss of $400 million …
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The Wrap, CNBC, @jbflint, @richlightshed, @jbflint, @lmoses, Warner Bros. Discovery and The Hollywood Reporter

NPR affiliate WAMU is shutting down local news site Dcist and laying off 15 employees to focus on audio and plans to add 10 new positions — - “We're making the choice to invest in what we're better at than anyone else in this town, and that's audio,” Pulley-Hayes said.
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@maustermuhle, @jbenton, @ckrewson and @elaheizadi


A look at Matthew Belloni's What I'm Hearing newsletter, which covers the structures of Hollywood's business and has become a must-read among the power elite — How Matthew Belloni became the must-read columnist for Hollywood's executive class. — The Hollywood journalist Matthew Belloni …
Discussion:
@jacobrubashkin, @mikeisaac, @loudmouthjulia and @mattbelloni@threads.net


Instagram's news influencers, like Jessica Yellin with 650K+ followers and Mo News with 438K, have become popular even as Meta de-emphasizes political content — In this year's presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.”
Discussion:
@hannah_flom, @sapna, @grynbaum, Dale L. Cressman, PhD on LinkedIn and The Information, more at Techmeme »

The AP plans to expand coverage of AI and train other newsrooms on how to cover AI, with funding from the Omidyar Network and the Patrick J. McGovern Foundation — The Associated Press will expand its coverage of artificial intelligence and bring training to global newsrooms …
Discussion:
Lisa Gibbs on LinkedIn, Aimee Rinehart on LinkedIn, WAN-IFRA and Talking Biz News