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5:40 PM ET, February 6, 2019

Mediagazer

 Top News: 
New York Times Company:
In Q4, The New York Times added 265K digital subscriptions, bringing total number of digital subs to 3.4M but profit decreased to $74.7M from $90.5M a year ago  —  NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE: NYT) announced today fourth-quarter 2018 diluted earnings per share …
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Tom Kludt / CNN:
The New York Times says it wants to reach $800M in digital revenue by the end of 2020 and over 10M subscribers by 2025  —  New York (CNN)The New York Times is betting big on the public's appetite for journalism.  How big?  Ten million subscribers big.  —  The New York Times Company (NYT) …
Discussion: Ad Age
Peter Kafka / Recode:
Spotify buys Gimlet Media, a podcast producer and network, sources say for ~$230M, and Anchor, which makes it easier for users to record and distribute podcasts  —  Daniel Ek says he wants to spend up to $500 million on acquisitions this year.  —  Spotify is a streaming music company that wants to become a podcast company, too.
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Kyle Pope / Columbia Journalism Review:
Craig Newmark donates $10M to Columbia Journalism School to launch new ethics center and $5M to Poynter to create separate ethics and leadership center  —  For many of the past few decades, the rules around journalism ethics have been largely settled.  We know the appropriate ways to treat sources …
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Neil Brown / Poynter:
Poynter SVP Kelly McBride will lead the Craig Newmark Center for Ethics and Leadership, which will serve as a clearinghouse for best practices  —  We live in the age of the misinformation superhighway.  The pile-ups that happen there no longer revolve around the inside baseball of running newsrooms …
Discussion: @kellymcb and Fortune
Dade Hayes / Deadline:
21st Century Fox reported strong overall Q2 earnings, but its Television unit had a $22M loss, yet had 19% growth in ad, affiliate, and content sales  —  Continuing to put up steady results across its TV and film operations, 21st Century Fox posted a dip in earnings in its fiscal second quarter …
Patrick Howell O'Neill / Gizmodo:
If Reddit lands a $150M Tencent investment, they'd make strange bedfellows: Tencent helps build the Great Firewall; Reddit's product, banned in China, is speech  —  Who really thinks about where the money is coming from as long as you get the money?  —  Reddit is about to get a huge new round …
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Josh Constine / TechCrunch:
Sources: Reddit is raising $150M to $300M in a Series D led by Tencent at a $2.7B pre-money valuation
Alexis C. Madrigal / The Atlantic:
A dozen Harvard students and faculty reflect on Facebook's early days, how the platform worked, and how it made them feel as its first users  —  On the 15th anniversary of Facebook's launch at Harvard, a dozen students and faculty members reflect on seeing and being the first users of the world's largest social network.
Charlotte Tobitt / Press Gazette:
FT launches Sifted, a new site targeting young European entrepreneurs, running on part subscription and part sponsorship to keep it free for its target audience  —  The Financial Times has backed a news website for the European start-up world, which its founder has said will tap into a …
Discussion: Talking Biz News
Joan E. Solsman / CNET:
YouTube CEO says the number of channels with 1M+ subs nearly doubled and the number of creators who earned five or six figures grew 40%+ in the last year  —  In a post on Tuesday about her 2019 goals, YouTube Chief Executive Susan Wojcicki touted several milestones Google's massive video site surpassed …
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Laura Hazard Owen / Nieman Lab:
Joe Concha / The Hill:
Benny Johnson, who has worked at IJR, National Review, and BuzzFeed, is leaving the Daily Caller to join Turning Point USA as chief content officer  —  Benny Johnson, a former reporter at the Daily Caller, is joining Charlie Kirk's Turning Point USA, The Hill has confirmed.
David Faber / CNBC:
Sources: Liberty Media has joined the bidding for the regional sports networks that Disney is trying to sell to finalize a deal with 21st Century Fox  —  - Disney is selling the networks to complete its deal to acquire movie production and television assets from Twenty-First Century Fox.
Discussion: Awful Announcing
Bob Norman / Columbia Journalism Review:
 
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 More News: 
France 24:
The AFP is extending its fact-checking partnership with Facebook to articles published in Arabic, with a team of fact-checkers based in Beirut
Janko Roettgers / Variety:
Podcast platform Himalaya, which offers mobile apps that let listeners tip creators, raises $100M and aims to add exclusives and paid content to its app
Ellie Hall / BuzzFeed News:
Custom and Borders Protection has apologized after BuzzFeed News deputy news director David Mack was grilled by a CBP agent over the site's Trump coverage
Washington Post:
Competing theories emerge on how National Enquirer obtained intimate texts between Jeff Bezos and Lauren Sanchez, with its ties to Trump figuring prominently
 Earlier Picks: 
Amanda Darrach / Columbia Journalism Review:
Amid buyouts and possible layoffs, McClatchy's board increased CEO Craig Forman's monthly stipend for travel, housing, and security from $5,000 to $35,000
Owen S. Good / Polygon:
Machinima is now officially closed, two weeks after it went offline, with layoffs of 81 people but a “select number” remaining to work at AT&T's Otter Media
Jon Levine / The Wrap:
Leaked audio: Vice news chief Josh Tyrangiel says Vice is nearing a deal with Hulu for a new show, and revenue loss after end of HBO show contributed to layoffs
Laura Hazard Owen / Nieman Lab:
Researchers at Medill Local News Initiative analyzed 13TB of subscriber data from local papers, found high correlation between regular reading and sub retention