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8:35 PM ET, February 6, 2020

Mediagazer

 Top News: 
Marc Tracy / New York Times:
NYT Q4: profit up 4.4% YoY to $78M on revenue of $502.7M, up 1.1% YoY, ad rev fell 10.7% YoY, digital subscriptions grew 30.8% YoY to ~4.4M of 5.25M total subs  —  The company hit a key milestone in the fourth quarter of 2019, passing $800 million in annual digital revenue, an amount that came more from readers than advertisers.
RELATED:
Alex Sherman / CNBC:
Sources: ViacomCBS is building a new ad-supported streaming service that will build on CBS All Access, and an ad-free version that includes Showtime  —  - ViacomCBS is preparing to throw its hat into the streaming wars after consummating a merger on Dec. 31.
Ingrid Lunden / TechCrunch:
Twitter Q4: revenue of $1.01B, up 11% YoY, net income of $119M, down from $255M in Q4 2018, monetizable DAU of 152M compared to 126M a year ago  —  As Twitter continues to try to find the right balance between making its platform easier to use while also less prone to toxicity and abuse …
Bloomberg:
Sources: ViacomCBS is weighing options for CNET after receiving takeover interest in the site; CBS paid $1.8B for CNET in 2008  —  - CEO Bob Bakish is looking for $500 million in cost savings  — CBS paid $1.8 billion for CNET but it's probably worth less
Justin Ray / Columbia Journalism Review:
Q&A with the editor of American Atheist magazine on the media's disproportionate attention to faith leaders, what it can do to better serve atheists, and more  —  In 1963, Madalyn Murray O'Hair, a woman from Baltimore, sued her son's school district after learning that it required students to read the Bible.
Discussion: @cjr, @hemantmehta, @cjr, @cjr, @cjr, @jray05 and @cjr
Karlene Lukovitz / MediaPost:
605 launches web-based app for TV measurement and analysis across linear, over-the-air, DVR and set-top-box VOD, with Discovery and AMC piloting the platform  —  605 has launched a web-based application designed for measurement and analysis of TV programs and ads — including time-shifted viewership …
Jem Aswad / Variety:
Warner Music Group files for an IPO; the company went private in 2011 when Len Blavatnik's Access Industries bought it for $3.3B  —  Warner Music Group today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.
Discussion: The Wrap
Ryan Faughnder / Los Angeles Times:
Warner Bros. and HBO Max to launch Warner Max, a division specializing in making movies for streaming, with plans to make 8-10 films a year for HBO Max  —  Movie studio Warner Bros. and HBO Max are launching a new division that will specialize in making movies specifically for streaming, the companies said Wednesday.
Nieman Lab:
Protocol, billed as “Politico, but for tech”, launches as a sponsor-supported outlet with journalists who have worked at Wired, NYT, WSJ, and The Information  —  “Technology is no longer just a sector of the economy or an industry — it's a global power center akin to any nation's capital.
Radio & Television Business Report:
Report: radio's digital ad revenue crosses $1B for the first time, making up 10% of total ad revenue; local radio station revenue grew 25% in 2019  —  Radio's digital ad revenue blasted through the billion-dollar plateau for the first time, now accounting for 10% of total advertising revenue for the industry.
Discussion: MediaPost
Joe Pompeo / Vanity Fair:
Tribune Publishing employees, amid buyouts, are still seeking to avoid further decimation of journalism now that Alden Global Capital owns 32% of the company  —  In its mission to squeeze the last profits out of newspapers, Alden Global Capital has eliminated the jobs of scores of reporters and editors …
RELATED:
Kimberly Pierceall / Virginian-Pilot:
Tribune Publishing has accepted buyouts from 20 people in news operations at The Virginian-Pilot, Daily Press, and related community publications
 
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 More News: 
The Information:
Sources: Amazon has considered selling Twitch's live-streaming technology to other companies as a service
Charlotte Tobitt / Press Gazette:
UK news photography groups express concern after being excluded from last week's withdrawal agreement signing in favor of Boris Johnson's photographer
Kali Hays / WWD:
Sources: The Hollywood Reporter has laid off about a dozen staffers affecting its web team, styles coverage, and international correspondents
Discussion: Talking Biz News
Kayleigh Barber / Digiday:
Pride Media's new CEO Diane Anderson-Minshall talks about plans to reorganize editorial operations at its LGBT titles and how it can become profitable this year
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
Survey of 1,711 UK adults during the general election campaign finds BBC News and Mail Online together accounted for 49% of all time spent on news websites
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 overlay ads on video
Reuters:
Researchers says hackers with ties to the Iranian government posed as journalists from WSJ, CNN, and Deutsche Well to target academics and researchers
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