Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
12:45 AM ET, February 25, 2024

Mediagazer

 Top News: 
Chris Thompson / Defector:
Vice leadership failed to act as responsible stewards of a good product, and instead paid themselves lavish salaries and burned through hundreds of millions  —  Vice was a good website.  On Thursday it was killed by its private equity owners, in a characteristically cruel and sudden maneuver …
RELATED:
Wall Street Journal:
Internal memo: Vice Media “will no longer publish content on vice.com” and may partner with established media companies to distribute its content
Sara Fischer / Axios:
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.
Chris Welch / The Verge:
Three years after Spotify's original announcement that it would launch a higher-quality audio subscription, the company has yet to roll out the feature  —  I was really hoping I wouldn't have to do this again.  Last year, it seemed like there was no reason to believe Spotify would ever roll …
Brian Steinberg / Variety:
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 …
RELATED:
Steven McIntosh / BBC:
UK police will take no further action against suspended GB News host Dan Wootton, who was accused of using fake identities to bribe men for explicit material  —  Police have said they will take no further action against GB News presenter Dan Wootton.  —  The New Zealand-born broadcaster …
Amie Parnes / Vanity Fair:
A journalist tells how Jimmy Finkelstein wooed her to The Messenger, reassured staff two months before closure, and left her without a promised severance  —  I have yet to receive a promised severance following the media start-up's abrupt collapse, which left hundreds of us without jobs.
Check My Ads Institute:
Paste co-founder and EIC Josh Jackson, whose company bought Jezebel in November 2023, says that overly broad brand safety efforts are hurting journalism  —  Josh Jackson was shocked when he found out what term, if used in the music publication he co-founded, could automatically strip an article of ad revenue.
Bloomberg:
Bill Ackman hires a law firm, which demands “immediate retractions and corrections” from Business Insider in a “final attempt to avoid litigation”  —  - Law firm issues demand letter on behalf of Ackman's wife  — News outlet published stories saying wife committed plagiarism
Nicholas Quah / Vulture:
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 …
 
 Latest News Finder: 
 
 See Also: 
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 Archives: 
 
 
 More News: 
Daniel Thomas / Financial Times:
Sources: Vogue China EIC Margaret Zhang plans to leave Condé Nast when her contract expires at the end of March 2024
New York Times:
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
Katie Kilkenny / The Hollywood Reporter:
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
 Earlier Picks: 
Sarah Scire / Nieman Lab:
Google says there are no plans to remove the News tab on search results pages, after testing temporarily removing the filter for “a small subset of users”
Jonathan Vanian / CNBC:
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
Max Tani / @maxwelltani:
[Thread] Engadget announces layoffs and a restructuring that separates news and features from reviews and buying advice; EIC Dana Wollman is leaving
 

 
From Techmeme:

Elizabeth Lopatto / The Verge:
Many redditors say they are not enthusiastic about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable

Jon Porter / The Verge:
What to expect at MWC 2024: smartphone launches from Xiaomi and others, OnePlus Watch 2, Brain.ai's “app-less phone” and other experimental concepts, and more

Milana Vinn / Reuters:
Sources: Broadcom is nearing a $3.8B deal to sell its end-user computing unit to private equity firm KKR

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page