SiriusXM to Lay Off 160 Employees, About 3% of Workforce

Todd Spangler NY Digital Editor David Duchovny is diving deep into screwing up in “Fail Better,” marking his first foray as a podcast host. The actor, writer, director, author and singer-songwriter’s seasonal weekly series is produced by podcast network Lemonada Media. “Fail Better” is slated to premiere in May 2024, to be available across all major audio platforms.

Sony said today it will let go about 900 people, or 8% of is global PlayStation headcount, the latest layoffs to hit the gaming industry.

Jennifer Maas TV Business Writer Sony‘s PlayStation has joined the long list of video game companies hit by layoffs in 2024. Approximately 900 Sony Interactive Entertainment employees, or 8% of PlayStation’s global workforce, will be impacted by the cuts, per outgoing-CEO Jim Ryan. Employees across the Americas, EMEA, Japan, and APAC regions will be affected and several studios, including PlayStation’s London studio, will shutter.

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Todd Spangler NY Digital Editor Reddit, the popular internet discussion “community of communities,” filed a registration statement Thursday for its long-awaited initial public offering. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Reddit intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol “RDDT.” In the S-1 filing with the SEC, Reddit reported 2023 revenue of $804.0 million, up 21% year over year, and a net loss of $90.8 million in 2023, compared with a $158.6 million loss the year prior.

Todd Spangler NY Digital Editor Vice Media Group is making drastic changes in the face of financial difficulties. In a memo to Vice employees Thursday, CEO Bruce Dixon said the company will be cutting “several hundred” jobs in the next week. As part of its major restructuring, Vice will discontinue publishing content on its own website, Vice.com, and will instead put “more emphasis on our social channels as we accelerate our discussions with partners to take our content to where it will be viewed most broadly,” Dixon wrote in the memo.

Todd Spangler NY Digital Editor Paris Hilton‘s 11:11 Media appointed Rachel Webber, former chief brand officer of Playboy, to the newly created role of chief commercial and brand officer. Webber reports to Bruce Gersh, 11:11 Media president and COO, who co-founded the media and consumer lifestyle company with Hilton in 2021.

EastEnders fans are convinced they've figured out Lucas' sneaky plan for Denise Fox as Pastor Clayton's real identity was 'rumbled' by fans on social media. Viewers of the BBC soap are sure that Pastor Clayton and Lucas Johnson have a secret connection, and they're worried about what this could mean for struggling Denise. Fans also suspect that Lucas has a hidden agenda against Denise, and he might use her recent confession to his advantage to secure an early release from prison.The villain made a surprising return to EastEnders in Tuesday's episode (20 February) after Denise decided to visit her killer ex-boyfriend.

Todd Spangler NY Digital Editor BuzzFeed has sold Complex — the youth-culture media company it bought three years ago — and will pink-slip another 16% of BuzzFeed’s remaining staffers in a restructuring designed to get back on financial track. BuzzFeed announced Wednesday that it closed the sale of Complex to ecommerce platform Ntwrk in a $108.6 million all-cash deal.

Todd Spangler NY Digital Editor HBO is no longer giving away free next-day looks to the popular “Last Week Tonight With John Oliver” comedy talk show. With the Season 11 premiere of the show on Feb. 18, HBO has ceased sharing the main feature and other segments from “Last Week Tonight” on the show’s YouTube channel the following day.

Larian Studios has hit out at a number of companies laying-off development staff to maximise profits for shareholders.2024 has started with a number of studios cutting huge swathes of employees. Microsoft laid off 1,900 staff shortly after its acquisition of Activision Blizzard was approved, Riot Games laid off over 500 members of staff, and today (February 19) it was confirmed that Disco Elysium developer ZA/UM has cut a quarter of its staff.Elsewhere, the Amazon-owned streaming platform Twitch claimed it wasn’t making a profit after another massive round of layoffs, while Embracer Group admitted that its “overruling principle is to always maximise shareholder value in any given situation” after cutting 1,400 jobs over the past 12 months.Last week, Baldur’s Gate 3 picked up a number of trophies at the DICE Awards including Outstanding Achievement In Story, RPG Of The Year, Outstanding Achievement In Game Direction, and Game of the Year.

Strictly Come Dancing's Layton Williams, the Traitors and Big Brother stars as well as queens from Rupaul's Drag Race dazzled on the red carpet as they arrived at a glitzy awards night in Manchester city centre on Friday night (February 16).

Lady Gaga is driving into the future in a Tesla CyberTruck!

Todd Spangler NY Digital Editor Noggin, Nickelodeon’s interactive learning platform for preschool-age kids, is shutting down after almost 10 years, Variety has confirmed. Noggin is a casualty of Paramount Global’s companywide layoffs this week, which resulted in about 800 staffers being let go. The entire team that ran Noggin was laid off, as first reported by trade publication Kisdscreen.

Todd Spangler NY Digital Editor Mandy Moore stars in a new Audible podcast series as Sue Brewer, the unsung hero of the outlaw country music movement whose home became the epicenter of the scene in 1960s Nashville. Moore — singer, songwriter, producer and actor (“This Is Us”) — leads the cast of “The Boar’s Nest: Sue Brewer and the Birth of Outlaw Country Music,” a scripted podcast from Fresh Produce Media for Audible.

UPDATED: The companywide layoffs at Paramount Global on Tuesday impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said.

Strictly Come Dancing star Layton Williams has opened up about his 'connection' to his co-star after their dancing journey came to an end. It has been a pretty epic three weeks for the Bury-born star and his professional dance partner Nikita Kuzmin.

Todd Spangler NY Digital Editor Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs. CEO Bob Bakish announced the layoffs in a memo Tuesday to staff that was obtained by Variety. According to the memo, U.S.

Satellite audio firm SiriusXM is trimming its global workforce by about 3% in an effort to become “more efficient, agile, and flexible,” CEO Jennifer Witz wrote in a memo to employees.

Todd Spangler NY Digital Editor After seeing big viewership gains for “Thursday Night Football” on Prime Video this past NFL season, Amazon is getting its hand on an extra bit of pigskin for the next one. Amazon’s Prime Video will have exclusive U.S. rights to one NFL playoff game in the 2024-25 season, Variety confirmed.