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4:40 AM ET, March 1, 2024

Mediagazer

 Top News: 
Bloomberg:
Meta plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and stop signing deals for traditional news content in those countries  —  Meta Platforms Inc. is winding down its news feature in the US and Australia, part of a broader shift away from the category for the social media giant.
Charlotte Klein / Vanity Fair:
Sources: NYT managers launched a leak probe after The Intercept revealed internal debate over a yet-to-air episode of The Daily about Hamas and sexual violence  —  Management has questioned staffers, including Daily producers, after The Intercept revealed internal debate over a yet-to-air episode on Hamas weaponizing sexual violence.
RELATED:
The Intercept:
A controversial NYT report claiming Hamas weaponized sexual violence on Oct. 7 relied heavily on an ex-Israeli intelligence officer with no reporting experience  —  American Media Keep Citing Zaka — Though Its October 7 Atrocity Stories Are Discredited in Israel
Associated Press:
A US district judge holds Catherine Herridge in civil contempt for refusing to divulge her source for Fox News stories about a scientist investigated by the FBI  —  A federal judge held veteran investigative reporter Catherine Herridge in civil contempt on Thursday for refusing to divulge …
Drew Harwell / Washington Post:
Co-founders of Trump Media file a suit claiming Trump and others tried to dilute their stake in the company; the case could complicate Trump Media's SPAC merger  —  The case could complicate a long-delayed bid by the owner of Truth Social to go public — and deliver former president Donald Trump a financial lifeline
Naman Ramachandran / Variety:
BBC Studios buys British broadcaster ITV's 50% stake in streamer BritBox International for £255M, as ITV focuses on its ad-funded streaming service ITVX  —  The streamer was founded in 2017 as a joint venture between BBC Studios, which is the commercial arm of the British broadcaster, and ITV.
Maggie Harrison Dupré / Futurism:
Wikipedia editors lowered CNET's source reliability rating after CNET used AI to create articles and are discussing reliability of other Red Ventures outlets  —  Remember last year, when we reported that the Red Ventures-owned CNET had been quietly publishing dozens of AI-generated articles …
Kevin Nguyen / The Verge:
A eulogy for TinyLetter, as the newsletter tool acquired by Mailchimp in 2011 shuts down after a brief run nurturing great personal writing on the internet  —  In remembrance of the humblest newsletter service and its brief run nurturing great personal writing on the internet.
Jacquelyn Melinek / @jacqmelinek:
As announced earlier, TechCrunch ends paid subscriptions for TechCrunch+ on March 1, and all previously paywalled articles will be publicly available  —  Reminder: TechCrunch is ending its subscription-based TechCrunch+ This means all previously paywalled articles will be publicly available as of March 1
Alyssa Boyle / AdExchanger:
Vibe.co, a self-serve platform that lets SMBs buy video ads on streaming services, raised a $22.5M Series A led by Singular, bringing its total funding to ~$30M  —  Small and midsize businesses (SMBs) want to capitalize on the rise in streaming consumption but lack the budgets for upfront commitments.
 
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 More News: 
Associated Press:
Russia detains Novaya Gazeta EIC Sergei Sokolov for allegedly discrediting Russian army; he became EIC in 2023 after Dmitry Muratov was named a “foreign agent”
Anto Antony / Bloomberg:
Sources: Sony made multiple filings in India to pull out a pact to merge its India operations with Zee Entertainment
Discussion: Variety and Reuters
David Streitfeld / New York Times:
How newspaper leaders tried and failed to see how tech would change the business of journalism, framed by the career of digital newspaper pioneer Roger Fidler
 Earlier Picks: 
Manish Singh / TechCrunch:
Analysts: Reliance-Disney India media merger will create an entity that captures 85% of India's on-demand streaming service audience and ~50% of the TV viewers
Dade Hayes / Deadline:
Paramount CFO Naveen Chopra says the company expects to take about a $1B charge in Q1 due to ongoing programming shifts and previously announced layoffs
Joshua Benton / Nieman Lab:
An analysis of educational backgrounds of 460 NYT newsroom staff members shows the Ivy League is over-represented; about 75% of staffers are not Ivy Leaguers