The New York Times Company reported it gained 180,000 subscribers across its properties The New York Times and sports publication The Athletic.
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In brief: Ad revenues increased by 8% year-over-year, led by higher political advertising revenues at its FOX Television Stations and growth at TUBI.
In brief: Paramount+ added 4.6 million subscribers, growing to 46 million, driven in part by launches in international markets like the UK.
More than a third of Brits (36%) believe quality journalism matters more today than ever before, as the UK faces a cost of living crisis and political instability.
Network media-buying groups Interpublic Group (IPG) and Havas have reportedly recommended its media agencies should pause buying ads on Twitter for at least one week.
In brief: Reach will represent all of media company DC Thomson’s print newspaper titles across its advertising packages, including Reach’s popular Big Reach and Big City packages.
In brief: Twitter is planning to let go of a quarter of its workforce as Musk orders engineers to revive the TikTok competitor.
In brief: SpryFox will be Netflix’s sixth in-house gaming studio following a bevy of acquisitions this year.
In brief: Stephanopoulos joins as chief digital officer following eight years as president of NowThis, signaling CNN’s desire to appeal to younger audiences.
In brief: Musk also announced that no major changes to content moderation or account reinstatements would occur until a ‘content moderation council’ convenes.