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4:00 PM ET, February 10, 2020

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 Top News: 
Tony Maglio / The Wrap:
The 2020 Oscars drew 23.6M viewers, an all-time low and down 20% YoY; the 2018 Oscars held the previous all-time low of 26.5M viewers  —  Audience for 92nd Academy Awards declines 20%  —  The 2020 Oscars drew 23.6 million viewers on ABC, down a whopping 6 million viewers — or -20% from last year.
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Anthony Ha / TechCrunch:
Netflix won only two Oscars despite 24 nominations: Best Supporting Actress for Laura Dern and Best Documentary Feature for American Factory from Obamas' studio  —  Although Netflix received 24 nominations (the most of any studio) at this year's Oscars, its films only ended up winning two awards.
Wall Street Journal:
Inside Netflix's aggressive Oscars campaign, spending an estimated $100M+ mainly to promote two films, while other studios usually spend $5M-$20M per film
Emily Bell / The Guardian:
NYT's success in hitting a target of $800M annual digital revenue, while young startups struggle, lays bare media's disastrous winner takes all state of affairs  —  A handful of legacy institutions thrive as digital startups face increasing pressures  —  The financial health of journalism …
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Adam Sherwin / inews:
Sources: the BBC is almost certain to appoint its first female Director-General, with Elisabeth Murdoch and ITV CEO Carolyn McCall as two top contenders  —  Prospect of Rupert Murdoch's daughter running the BBC will unnerve staff - but she has the right credentials for Downing Street
Ren LaForme / Poynter:
Muck Rack launches Trends, a Google Trends-like tool that shows which journalists and news organizations wrote about topics the most  —  What are journalists writing about?  It seems like a question with an easy answer.  Just go to a news outlet's homepage and take a peek, or do a quick internet search.
Discussion: @poynter, @itsren and @michellemanafy
Elaine Low / Variety:
Sony Pictures Television Chairman Mike Hopkins will exit this month to oversee Amazon's video entertainment operations, including Amazon Studios and Prime Video  —  Sony Pictures Television Chairman Mike Hopkins is departing his post at the industry's largest independent TV studio later …
Margaret Sullivan / Washington Post:
Journalists should avoid framing politics as a horserace and stop making political predictions in part because there's so little accountability if they're wrong  —  Of all the lessons the mainstream media should have learned over the past four years, one of them is inexcusably obvious: We're bad at predictions.
Jason Gutierrez / New York Times:
Philippines moves to end the franchise of the country's leading broadcast network ABS-CBN, the latest push by Duterte's admin against critical media outlets  —  It's the latest push by the administration of President Rodrigo Duterte against media outlets he views as critical of his government.
Stephen Battaglio / Los Angeles Times:
A look at New Hampshire's WMUR, a Hearst-owned station watched by 56% of the state's households weekly and which took in ~$40M in political advertising in 2016  —  The unsuccessful 1996 and 2000 presidential campaigns of publishing scion Steve Forbes may have faded from memory.
News Corp:
News Corp says WSJ passed 2M digital subscribers in Q4 2019, up 13% YoY, while Dow Jones digital subscriptions grew 17% and overall subscriptions passed 3.5M  —  Dow Jones Surpasses 3.5 Million Subscriptions for First Time  —  The Wall Street Journal Crosses 2 Million Digital Subscriptions Mark
David Streitfeld / New York Times:
After Amazon removes Nazi and neo-Nazi books, some third-party booksellers say it seems to operate under vague or nonexistent rules regarding prohibited books  —  The retailer once said it would sell “the good, the bad and the ugly.”  Now it has banished objectionable volumes …
@CTGuild / Chicago Tribune Guild:
[Thread] Tribune Publishing's Chicago-area newsrooms are losing more than a dozen staffers who chose to take buyouts in the most recent round of cuts  —  Today we mark the departures of more than a dozen colleagues, both in and out of the Guild, across all Chicago-area Tribune Publishing newsrooms, who have chosen to take the most recent round of buyouts. We wish them the best in this new era for their careers and their lives.
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 More News: 
Bloomberg:
Profile of YouTube's top kids channel Cocomelon, which has about 2.5B monthly views and an estimated $11.3M in ad revenue, as it expands into merchandise
Shirley Halperin / Variety:
Splice, the popular platform for rights-cleared sounds and beats, says it has paid out more than $25M to musicians in its artist-to-artist marketplace
 Earlier Picks: 
David Bauder / Associated Press:
CBS News president called threats against Gayle King “reprehensible” after King was criticized for asking about Kobe Bryant's rape charge in an interview
ESPN:
ESPN's Jessica Mendoza, who was criticized for working as both ESPN analyst and NY Mets adviser, resigns from the Mets, gets pulled from Sunday Night Baseball