Top News:
Peter Kafka / Vox:
Casino operator Penn National Gaming buying 36% stake in Barstool Sports; deal values Barstool at $450M and lets Penn National buy a controlling stake later — Barstool Sports co-founder Dave Portnoy in 2018 | Penn National Gaming is buying the online publisher — which can thank sports betting, and the Supreme Court for the deal.
Discussion:
Awful Announcing, Wall Street Journal, The Wrap, Axios, Fortune, Variety, Business Insider, @jaycodon, Penn National Gaming, @carlhendy, @alexweprin, @onlyinbos, @joemilord, @pkafka, @alexweprin, @claytravis, @tomkrazit, @darrenrovell, @pkafka, @m_sunderland, @pkafka, @alexweprin, @jgsiegel and @iamtoddytickles
Ted Johnson / Deadline:
WaPo reinstates reporter Felicia Sonmez after her suspension following her tweets about a rape allegation against Kobe Bryant and her response to backlash — The Washington Post said it has reinstated political reporter Felicia Sonmez, who was suspended for a series of tweets about Kobe Bryant …
Discussion:
@feliciasonmez, Columbia Journalism Review, @postguild, Washington Post, @dabeard, @mlcalderone, Press Pass, @feliciasonmez, The Daily Caller, The Hill, @_cingraham, @feliciasonmez, New York Times, @wesleylowery, @soledadobrien, @pkafka, @lollardfish, @mathewi, @feliciasonmez, @fenitn, @lainnafader, @thewrap, @maxwelltani, @jon_allsop, @politicussarah, @soledadobrien, @blackamazon, @zachdcarter, @jasoncherkis, @oliverdarcy, @paul_bowers, @feliciasonmez and @mlcalderone
Katherine Chiglinsky / Bloomberg:
Berkshire Hathaway to sell its BH Media unit and its 30 daily newspapers to St. Louis Post-Dispatch publisher Lee Enterprises for $140M in cash — Warren Buffett is getting out of the newspaper business. — Berkshire Hathaway Inc. sold its BH Media unit and its 30 daily newspapers …
Discussion:
Wall Street Journal, New York Times, Associated Press, The Buffalo News, MediaPost, The Wrap, Lee Enterprises, @raju, @froomkin, @brockvergakis, @will_bunch, @imillhiser, @keithboykin, @allisonprang, @abgutman, @maxabelson, @lisaabramowicz1, @dianabhenriques, @specnewsbuffalo, @buffaloscribe, @markpoloncarz, @nickreisman, @colindabkowski, @pwthornton, @gerryfsmith, @ginger_clark, @ljkawa, @k_chiglinsky, @dankennedy_nu, @hadas_gold, @davidjoachim and @dkiesow
Dylan Byers / NBC News:
EIC Ben Smith is leaving BuzzFeed in early March to join NYT to write the Media Equation column made famous by David Carr — Smith will serve as the writer of the publication's “Media Equation” column, which became a must-read for media industry insiders under the David Carr, who died in 2015.
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Peter Kafka / Vox:
Jonah Peretti says he expects BuzzFeed to turn a profit this year, but BuzzFeed News would still be operating in the red: “We don't need news to be profitable” — What Ben Smith's move to the paper of record says about digital media in 2020. — Ben Smith spent eight years …
Discussion:
@mattmittenthal and @pkafka
Mary Louise Kelly / New York Times:
Journalists don't interview senior government officials to score political points, but rather to share the answers to tough questions when the stakes are high — Journalists are supposed to ask tough questions, then share the answers — or lack thereof — with the world.
Discussion:
@nprextra, @nprkelly, Politico, @caseyriankelly, @janearraf, @nytopinion, @johnlansing, @ailsachang, @soledadobrien, @kylegriffin1, @attorneynora, @carriecordero, @cirincione and @markhertling
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Bill Chappell / NPR:
NPR's CEO announces the outlet is asking the State Department to explain why it denied credentials for an NPR reporter to travel with Mike Pompeo to Europe
Discussion:
@jeremylittau, @npr and @rcmcbride
Ted Johnson / Deadline:
Trump praises Pompeo for his behavior with NPR reporter Mary Louise Kelly: “That was very impressive....I think you did a good job on her, actually.”
Discussion:
@thekatiecoop, @atrupar, @anniekarni, Alternet.org, @evanmcmurry, @mehdirhasan, @npr, @mimirocah1, @nancycbarnes, @csymrl, New York Times and @jayrosen_nyu
News Corp:
News Corp launches Knewz, a news aggregation platform covering more than 400 publishers that uses AI and human editors, available on the web, iOS, and Android — Groundbreaking News Platform Free of Filter Bubbles Launches in Beta; — Features Headlines from Publishers Large & Small, Left & Right, Here, There & Everywhere
Discussion:
Variety, @hardin, @sokane1, @sarafischer, TVNewser, @alexweprin, @variety, @_cooper, @jaycaruso, @abeaujon, @drewharwell, @backlon, @markdistef, @raju and @pkafka
Jim Waterson / The Guardian:
The Guardian says it will no longer accept ads from companies that extract fossil fuels, becoming the first major news organization to institute such a ban — Move follows efforts to reduce carbon footprint and increase reporting on climate crisis — The Guardian will no longer accept advertising …
BBC:
BBC News to cut around 450 jobs as part of plans to reach its £80M savings target by 2022 — Around 450 jobs will be cut from BBC News under plans to complete its £80m savings target by 2022. — There will be a reduction in the number of films produced by Newsnight …
Discussion:
Financial Times, Press Gazette, Variety, Press Gazette, CNN, @jimwaterson, @hadas_gold, @w7voa, @andycomfort, @katebevan, @prospect_clark, @guyadams, @hzbrandenburg, @jamesaalongman, @damiancollins, @sport_simon, @markdistef, @brianstelter, @carljackmiller, @jimwaterson, @markdistef, @markdistef and @charliebeckett
Todd Spangler / Variety:
AT&T lost 219K AT&T Now customers and 945K premium TV subscribers in Q4, and reports revenues of $8.9B, down 3.3% YoY — AT&T's top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.”
Discussion:
Broadcasting & Cable, MediaPost, The Streamable, Hollywood Reporter, Multichannel News, Fast Company, The Wrap, @alexweprin, @great_katzby and @xpangler
Julia Carrie Wong / The Guardian:
Investigation: in 2019 Trump spent ~$20M on 218K+ Facebook ads, with the media and its “fake news” the top topic mentioned at 18.25%, followed by immigration — A Guardian investigation of 218,100 ads reveals how the campaign's sophisticated social media machine targets conservative voters
Keith J. Kelly / New York Post:
Xana Antunes, a top editor at Quartz and former editor at NY Post, Fortune/CNN Money, Crain's New York Business, and CNBC, has died at 55 after cancer battle — Former New York Post chief Xana Antunes, who was an executive editor at Quartz for the past six years, passed away on Monday following a battle with pancreatic career.
Discussion:
Quartz, CNBC, Quartz, @tedkempcnbc, @thomaspagemcbee, @jandersonqz, @fvogelstein, @lisagibbs954, @zseward, @lattif, @bencasselman, @fromedome, @adamlashinsky, @kirabind, @jimzarroli, @pingroma, @ostaley and @sarahwhit10
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