Record Labels Sue Operator of Russian Music Site AllofMP3.com
MUSIC LABELS: NYET TO RUSSIAN PIRATES
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Sara Fischer / Axios:
In a memo to staff, Dotdash Meredith CEO Neil Vogel announces layoffs affecting 274 people, or ~7% of the outlet's workforce, across nearly all departments
Georg Szalai / The Hollywood Reporter:
NBCU reports Q4 revenue rose 5.9% YoY to $9.89B as EBITDA fell 36.3% YoY to $817M; Peacock had 20M+ paid subscribers and its EBITDA loss grew 75% YoY to $978M
Lachlan Markay / Axios:
Former employees of Russia-backed broadcaster RT America take over its former Washington, DC studios and ramp up GlobalTek, a media venture formed in April 2022
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