Top News:
Peter Kafka / Vox:
Spotify will buy The Ringer, the podcast-centric media company run and owned by Bill Simmons, and plans to hire Simmons and his approximately 90 employees — The Ringer CEO Bill Simmons in 2015 | Photo by Mike Windle/Getty Images for Vanity Fair — It's the fourth podcast deal Spotify has done in a year.
Discussion:
@billsimmons, Nieman Lab, Business Wire, CNN, New York Times, Awful Announcing, Hollywood Reporter, Adweek, Axios, Reuters, Hot Pod News, @kerrymflynn, @benmullin, TechCrunch, @iamstevenhale, @lpolgreen, @sarthakgh, @pkafka, @fromedome, American Press Institute, @pkafka, @brettbivens, @pkafka, @sherman4949, AdExchanger, @pkafka, @natjarv, @pkafka, @jyarow, @millertimepod, @kerrymflynn, @pkafka, Variety, 9to5Mac, Fortune, @bensmith94, Wall Street Journal, Fast Company, @pkafka, @frankpallotta, @annaknicolaou and The Verge, more at Techmeme »
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Ingrid Lunden / TechCrunch:
Spotify reports Q4 revenue of $2B, up 24% YoY; 271M total MAUs, up 31% YoY, as paying users rise 29% YoY to 124M; 16% of its MAUs engage with podcast content — Streaming music now accounts for more than 80% of all music consumption in key markets like the US, and one of the big leaders in the field is reaping some of the rewards.
Discussion:
Ad Age, Business Wire, @ingridlunden, Variety, Business Insider, VentureBeat, Fast Company, @kerrymflynn and Music Business Worldwide, more at Techmeme »
Wall Street Journal:
Sources: DOJ reached out to more than a dozen publishers, ad agencies, and ad tech rivals of Google as its online ad tools become a focus of antitrust probe — Antitrust enforcers have reached out to more than a dozen publishers, ad tech rivals and ad agencies
Knight Foundation:
Knight Foundation launches a three-year, $2M initiative to give grants of up to $20K to help 25 underserved newsrooms adopt and manage digital platforms — Three-year initiative will give publishers subsidies to adopt and manage digital platforms — Contact: Roshni Neslage …
Discussion:
Poynter, @knightfdn, @tylrfishr and @poynter
Abner Li / 9to5Google:
Google says Chrome's ad blocker will expand to target disruptive video ads in August, including long pre-roll ads, mid-roll ads, and over-lays ads on video — Last year, Google made Chrome's standards-backed ad blocker fully available around the world. The Better Ads Standards today announced a …
Discussion:
Chromium Blog, Coalition for Better Ads, VentureBeat, CNET, @glenngabe and @matthewkeyslive, more at Techmeme »
Kayleigh Barber / Digiday:
Verizon Media launches a new, millennial-focused personal finance site called Cashay — Verizon Media is launching on Wednesday a new personal finance site for Generation Z and millennials called Cashay. — The site will feature a mixture of content, including original stories …
Discussion:
MediaPost, @derekflanz, @whatthebit and Talking Biz News
Sarah Perez / TechCrunch:
Disney says Disney+ will roll out to Western Europe in March and India on March 29 through Hotstar; Disney plans to launch Hulu internationally as soon as 2021 — Hulu will finally expand outside of the U.S., likely as soon as next year. This tidbit of news was confirmed by Disney Chairman …
Discussion:
Broadcasting & Cable and NextTV, more at Techmeme »
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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
Discussion:
@jbflint, CNN, The Wrap, Variety, @awallenstein, CNBC, The Daily Caller, @morningbrew, Hollywood Reporter, @nytmedia, @pkafka, The Walt Disney Company, @elainelow, @jbflint, @jbflint, @natjarv, @natjarv, @natjarv, @danrayburn, @aagave, @pkafka, The Wrap, Awful Announcing, Vox, The Streamable, MarketWatch, Reuters, Hollywood Reporter, Hollywood Reporter and New York Times
Kevin Roose / New York Times:
Source says The Epoch Times has spent more than $1M on YouTube ads, with its spending increasing sharply in the months after Facebook's August ban on its ads — The paper, started by practitioners of Falun Gong, has turned to the video platform for an advertising blitz.
Discussion:
@kerrymflynn, @bubbaprog, @kevinroose, @mhbergen, @brandyzadrozny and @alexstamos
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:
@jaketapper, Associated Press, The Daily Beast, Mediaite, @existentialfish, @mattgertz, @kaitlancollins, Washington Post, Variety, Washington Post, Politico, The Atlantic, COURIER, @noahshachtman, @maureendowd, @eugene_scott, @mayawiley, @jrubinblogger, @mattgertz, The Week, @johnfugelsang, @farhip, @pbump, @briankarem, @rabiasquared, @jdawsey1, @craigcalcaterra, @dandrezner, @gabbyorr_, @slavamalamud, @swin24, New York Times, @brianstelter, INSIDER, Raw Story, Breitbart, The Hill and The Daily Caller
Hanaa' Tameez / Nieman Lab:
Business Insider launches a Mexico edition, its first international edition to focus on Latin America, even as others like NYT and BuzzFeed exit the country — The New York Times, BuzzFeed, HuffPost, El País, and others have all retrenched from the country in various ways recently.
Discussion:
@niemanlab, @insiderinc, @rosental and Talking Biz News
Jakub Parusinski / TheFix:
Slovakia's Dennik N announces its profits have more than doubled to €831K in 2019 from €343K in 2018, says it is caught in a virtuous cycle of growth — Denník N, one of Slovakia's top digital media, is on a roll. After several years as a poster-child for paywalls …
Freddy Mayhew / Press Gazette:
Sun on Sunday editor Victoria Newton will become the new editor of The Sun as its editor Tony Gallagher moves to The Times as deputy editor — Sun editor Tony Gallagher has moved to News UK stablemate the Times to take up the recently vacated deputy editor role and is replaced at the daily tabloid …
Discussion:
@markdistef, @markdistef, @markdistef and @jaspjackson
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