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4:30 PM ET, January 21, 2020

Mediagazer

 Top News: 
Ernesto Londoño / New York Times:
Federal prosecutors in Brazil charge Glenn Greenwald with cybercrimes, alleging he was part of a “criminal organization” hacking phones of public officials  —  Mr. Greenwald is accused of being part of a “criminal investigation” that hacked into the cellphones of prosecutors and public officials.
RELATED:
Sara Fischer / Axios:
The Athletic raises $50M Series D sources say at a ~$500M valuation; cofounder says it will soon hit 1M subscribers and expects it to be profitable in 2020  —  The Athletic, a subscription-based digital sports media company, has raised $50 million in a Series D funding round, executives tell Axios.
Amelia Nitz / The Reporters Committee …:
Reporters Committee will launch its Local Legal Initiative in CO, OK, OR, PA, and TN to provide pro bono legal support to local journalists and news outlets  —  Lawyers will provide local news organizations in Colorado, Oklahoma, Oregon, Pennsylvania and Tennessee with pro bono legal support
Financial Times:
Tony Hall will be regarded for keeping a steady ship amid several crises, but will leave his successor challenges on multiple fronts, including a hostile PM  —  Tony Hall's successor as director-general will be the BBC's 17th and, perhaps, one of the most important ever appointed to run …
RELATED:
BBC:
Tony Hall to step down as Director General of the BBC in the summer, after seven years in the role
Sara Fischer / Axios:
Sources: Business Insider, Vox Media, The Information, Axios, and Politico all turned profits in 2019, in several cases for the first time ever  —  Digital publishing is doing something it hasn't done en masse since the dawn of the Internet: make money.  —  Why it matters: Business Insider …
Netflix:
Netflix Q4 revenue grew 31% YoY to $5.467B and net income rose to $587M, surpassing 100M paid memberships outside the US; global paid net additions totaled 8.8M  —  Fellow shareholders, We had a strong finish to 2019, with Q4 revenue growing 31% year over year, bringing full year 2019 revenue …
Discussion: The Wrap and CNBC, more at Techmeme »
Allison Schiff / AdExchanger:
AppsFlyer, a mobile ad attribution platform, raises $210M Series D led by General Atlantic at a $1.6B valuation  —  AppsFlyer said Tuesday it closed a $210 million Series D round, bringing the app measurement firm's total funding to more than $293 million since 2014.  It had previously raised a $56 million Series C in 2017.
Joe Mandese / MediaPost:
GARM, an ad agency and digital media platform alliance, shares plan for creating brand-safe environments with tools for categorizing harmful content and more  —  As the world turns its eyes to Davos, Switzerland this week, a group of advertisers and agency executives are pushing to leverage …
Sarah Perez / TechCrunch:
Roku expands to Brazil by way of a partnership with AOC to launch the AOC Roku TV in two models, which will feature local streaming service Globoplay  —  Roku announced this morning it's expanding into Brazil, a sizable market that could have a notable impact on the streaming device maker's advertising business.
Discussion: The Streamable
Brian Stelter / CNN:
Gary Marx and David Jackson, Chicago Tribune reporters who wrote the anti-Alden NYT op-ed, say they are reaching out to potential buyers of the paper  —  New York (CNN Business)Reporters at the Chicago Tribune are trying to find a new owner for their newspaper.
RELATED:
New York Times:
Journalists at the Chicago Tribune say they are worried that Alden Global Capital will impose draconian cuts, as it has elsewhere, hurting local journalism
 
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 More News: 
Jem Aswad / Variety:
Interim Grammy chief says that ousted president and CEO Deborah Dugan sought millions to step down and withdraw accusations she had made against the Academy
 Earlier Picks: 
Sam Byford / The Verge:
Netflix will carry all 21 films from Studio Ghibli, the makers of Spirited Away, in all countries outside the US, Canada, and Japan; first batch coming Feb. 1
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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