The new senior editor of this team, Sara Salinas, used to have this role. That should tell you a lot.
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Great deep dive here from Alex Sherman about how Hollywood and the broader media industry still hasn't figured out how to deal with YouTube - an even bigger streaming force than Netflix. Some streaming services, like NBCUniversal's Peacock, have sought to emulate what YouTube does. But Netflix sees YouTube as offering something completely different to viewers, with its constantly changing ecosystem of creator-driven content. Netflix and Max can churn out the Bridgertons and House of Dragons of the world, but a MrBeast, say, is unique to YouTube.
The common answer to who is winning the streaming wars is Netflix, but the real answer is YouTube. YouTube has been the most watched US streaming service for 15 months and counting — ahead of Netflix. I spoke with YouTube execs, YouTube creators, traditional media executives and analysts about YouTube’s growing dominance and what every other media and entertainment company should be doing about it. The story is here and includes a 14 minute digital video made with producer Devan Burris.
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To the people laid off today at The Wall Street Journal: I’ve been there, and I know how terrible it feels. No amount of happy talk or encouragement at this moment will match your disappointment and pain. You busted your back to deliver some of the best, most trusted journalism in the world, and you made an impact. You deserve better. For now, though, claim your time. Take a long walk. Find solace in your loved ones. Book a trip if you can afford it. Treat yourself to some comfort food. Sleep. Whatever helps. Leave the work for another day. My inbox is open. Hit me up if you want to vent or just talk.
