Top News:
Emily McCormick / Yahoo Finance:
Disney beats analyst expectations for Q1, reporting $20.86B in Q1 revenue, up 36% YoY, 26.5M subscribers for Disney+, and 30.4M for Hulu, up 33% YoY — DIS) posted better than expected results in the company's first report since the launch of its eponymous streaming service.
Discussion:
CNN, The Wrap, Variety, @jbflint, CNBC, The Walt Disney Company, @awallenstein, @pkafka, Multichannel News, @aagave, @nytmedia, Vox, @natjarv, @elainelow, @natjarv, @jbflint, @danrayburn, The Wrap, @pkafka, @natjarv, @jbflint, The Streamable, Awful Announcing, Broadcasting & Cable, MarketWatch, Reuters, Hollywood Reporter, Hollywood Reporter and New York Times, more at Techmeme »
Kaitlan Collins / CNN:
President Trump awarded Rush Limbaugh with the Medal of Freedom during Tuesday's State of the Union — Washington (CNN)President Donald Trump awarded the Medal of Freedom to conservative radio personality Rush Limbaugh on Tuesday in an unprecedented move during the State of the Union address.
Discussion:
The Daily Beast, @jaketapper, Politico, Associated Press, Washington Post, Variety, @kaitlancollins, @noahshachtman, New York Times, Slate, INSIDER, The Hill, @farhip, @pbump, @craigcalcaterra, @briankarem, @slavamalamud, @swin24, Breitbart, @jdawsey1, The Hill, @brianstelter, Mediaite, @gabbyorr_, The Daily Caller, @dandrezner, Raw Story and The Week
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Brian Stelter / CNN:
Sources: CNN anchors are being excluded from the annual presidential luncheon with TV network anchors, the first time a president has singled out one network
Discussion:
New York Post, @espinsegall, @jonahblank, @maxwelltani, @mzhemingway, @trex9123, @asaxey, @amy_siskind, @mehdirhasan, Vanity Fair, @lucymarcus, @brespolitico, @kairyssdal, The Hill and Breitbart
Bloomberg:
Sources: Instagram generated ~$20B in advertising revenue in 2019, making up more than a quarter of Facebook's revenue — - Unit brought in about $20 billion in 2019, people familiar say — Photo-sharing app has gained in importance since 2012 purchase
Discussion:
@caseynewton, @yoda, @rolandsmartin, @timfullerton, @jason_kint, @seanrose, @jonrussell, @mgsiegler, @nicoagrant, @awallenstein, @jowens510, The Wrap, INSIDER and The Verge, more at Techmeme »
David McCabe / New York Times:
Disney, MPAA, News Media Alliance are among those lobbying to limit Section 230, citing copyright concerns, threatening Google, FB, and the web as we know it — A motley group of powerful companies have their knives out for Section 230, which shields platforms from lawsuits over content posted by users.
Cansu Çamlibel / Nieman Reports:
The EIC of Duvar, a new Turkish English-language news site, talks about launching an independent site in one of the most inhospitable countries for journalists — The pain of a journalist whose work is thrown into a deep dark hole by government gatekeepers deployed in a newsroom is like no other pain on earth.
Bloomberg:
Sources: Liz Schimel, the head of business for Apple News who oversaw advertiser and publisher relations, steps down; Apple is seeking a replacement — - Liz Schimel was Conde Nast executive prior to joining in 2018 — Paid news and magazine service had a sluggish first year
Discussion:
MacRumors, Patently Apple, @mgsiegler, @rafat, 9to5Mac and @markgurman
Kyle Wiggers / VentureBeat:
Google Fiber says it will no longer offer a linear TV package to new customers, and is partnering with streaming service FuboTV, after adding YouTube TV in Dec. — Google Fiber, a service under the Access division of Alphabet that provides fiber-to-the-premises service in the U.S. …
Discussion:
Google Fiber Blog, The Verge, @richlightshed, Cord Cutters News, 9to5Google and Multichannel News, more at Techmeme »
Steve Matthews / Bloomberg:
Lawyers for Bloomberg News, AP, Dow Jones, Market News, and Reuters ask Department of Labor to end plans to restrict journalists' early access to econ reports — - Attorneys for Bloomberg News, Reuters, others send letter — News organizations say changes violate law, freedom of press
Discussion:
@jordanfabian, @bchappatta and The Hill
Richard Smirke / Billboard:
Sony Music partners with Somethin' Else, the UK's largest independent audio and podcast producer, as major labels increasingly invest in the podcast sector — The deal is the latest in a growing line of major label and digital platform investments in the podcasting sector.
Discussion:
Nieman Lab, @nwquah, Music Week, Complete Music Update and Podnews press releases
Christine Sun Kim / New York Times:
Fox failed to show the full American Sign Language performance of the national anthem at the Super Bowl on TV or online, making it inaccessible for the deaf — It was an act of both patriotism and protest. And it brought both joy and frustration. — Ms. Kim is an artist and performer.
Discussion:
Observer, @ruthetam, @nyledimarco, @rittigers, @marleematlin, @calendow and Adweek
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Kate Aurthur / Variety:
USC study looking at representation in film finds that 31 of the top 100 movies of 2019 had a lead from an underrepresented racial group, up from 27 in 2018 — Last year, the stories of women and people of color were more likely to be playing at a theater near you than they've been in over a decade.
Discussion:
@timesupnow and CNN
Sara Fischer / Axios:
Dotdash acquires two more digital publishers, TreeHugger and Mother Nature Network, to create a sustainability vertical in an all-cash deal — Dotdash, the IAC-owned digital publishing company that grew from About.com, has acquired two new digital publishers, TreeHugger and Mother Nature Network …
Discussion:
@jaycodon, @jyarow, @seangriffey, @seangriffey, @calebsilver, @sarafischer and MediaPost
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