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3:10 PM ET, February 11, 2020

Mediagazer

 Top News: 
Lucas Shaw / Bloomberg:
Source: Spotify is paying close to $200M upfront for the Ringer, to be followed by more than $50M later  —  - Streamer has spent more than $600 million on podcast deals  — Sports columnist Bill Simmons founded the Ringer in 2016  —  Spotify Technology SA is paying close …
Joshua Benton / Nieman Lab:
WaPo's digital subscriber growth doesn't seem to be making expected gains on NYT despite a mass-oriented strategy, and WaPo hasn't posted the numbers since 2018  —  But will the Journal and The Washington Post be able to catch up to the market leader going forward?  Or is the Times preparing to lap the field?
Georg Szalai / Hollywood Reporter:
Sirius XM invests $75M in SoundCloud in exchange for a minority stake and two seats on the board  —  The audio entertainment giant puts money into the open audio platform.  —  Audio entertainment giant SiriusXM Holdings said Tuesday it has invested $75 million in open audio platform SoundCloud …
Sara Fischer / Axios:
YouTube is funding TYT Academy, a Young Turks online course focused on the creation of digital-first local news; sources: investment is in the mid-six-figures  —  The Young Turks (TYT), one of the largest progressive digital publishers on YouTube, is receiving funding from Google-owned YouTube …
Tim Arango / New York Times:
Profile of Carl Butz, a 71-year-old retiree who stepped in at the beginning of the year to save The Mountain Messenger, California's oldest weekly newspaper  —  High in the Sierra, Downieville, Calif., was about to become the latest American community to lose its newspaper.
Jim Waterson / The Guardian:
Sources close to Elisabeth Murdoch say she has no interest in the job of BBC director and is focused on launching a production company  —  Sources say Rupert's daughter not interested in job, after press reports made her the favourite  —  Elisabeth Murdoch has made clear she has no interest …
RELATED:
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
Sara Fischer / Axios:
Sources: podcast subscription service Luminary is expanding to New Zealand, Ireland, and South Africa  —  Reproduced from The Nielsen Total Audience Report, February 2020; Chart: Axios Visuals  —  Luminary is expanding its service to three new countries, New Zealand, South Africa, and Ireland, sources tell Axios.
Joan E. Solsman / CNET:
Nielsen: streaming makes up 19% of US TV watching, with Netflix comprising 31% of streaming on TVs, followed by 21% on YouTube, 12% on Hulu, and 8% on Amazon  —  Netflix is big and it's getting bigger.  And we're not just watching it on our phones and tablets: That dominance translates …
Liam Knox / NBC News:
Black News Channel, a 24/7 cable channel featuring black anchors and co-founded by former Republican congressman J.C. Watts, launches in select US markets  —  The Black News Channel, founded by a former Republican congressman, will try to win the growing Black cable news audience.
Andrew Bucholtz / Awful Announcing:
FloSports is launching FloBaseball, a platform that will host NCAA, high school, and youth baseball programming  —  We've seen FloSports amping up their sport-specific offerings recently, most notably with FloBikes offering 75 events and more than 300 days of racing this year …
Discussion: Broadcasting & Cable
BreAnna Bell / Variety:
Drake signs multiyear partnership with live streaming platform Caffeine to produce a series of rap battles and other live content  —  Live streaming service Caffeine.TV has announced an exclusive multiyear partnership with Drake.  Infamous for his own rap feuds, the Canadian artist …
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.
RELATED:
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
 
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 More News: 
Sarah Perez / TechCrunch:
As part of Apple News' 2020 election coverage, Apple says Siri can now answer election-related questions, including sharing live election results from AP
Discussion: iMore
Freddy Mayhew / Press Association:
UK-based PA Media Group buys stock image company Alamy for an undisclosed sum
Discussion: PR Newswire
Adi Robertson / The Verge:
Patreon says creators can now set subscription prices in British pounds and euros, in addition to US dollars, and opens an office in Berlin
NBC News:
Sources: Condé Nast is planning on suspending its Vanity Fair New Establishment Summit this year as the conference is losing money
Kayleigh Barber / Digiday:
Dennis Publishing is launching The Week Junior in the US in March, four years after its debut in the UK; the magazine is aimed at kids ages 8-14
Adam Satariano / New York Times:
Profile of Ben Nimmo, a founder of Atlantic Council's Digital Forensic Research Lab, who helped pioneer investigations into online disinformation
 Earlier Picks: 
Marc Tracy / New York Times:
Profile of New Hampshire Public Radio's Lauren Chooljian, whose Stranglehold podcast has made her a divisive figure due to its unflattering look at NH's primary
Stars & Stripes:
DOD proposes funding cuts to the military newspaper Stars and Stripes; source: around $7M of “operating and maintenance funds” would be cut, or 35% of expenses
daytondailynews:
Cox Enterprises buys back Dayton Daily News and two other Ohio daily papers from Apollo Global Management, ensuring they can continue 7-day publication