Mediagazer: WarnerMedia names Jennifer Biry as CFO, replacing Pascal Desroches, who will be moving into the role of CFO at AT&T (Etan Vlessing/Hollywood Reporter)

J. Clara Chan / The Wrap:

After Project Veritas founder James O'Keefe called in to a morning CNN editorial call with Jeff Zucker, CNN says it has referred the incident to law enforcement — CNN said it is involving “law enforcement” after James O'Keefe, the founder of the right-wing group Project Veritas …

Discussion: @cnnpr, @cnnpr, @superwuster, @levinejonathan, The RFAngle, @tuckercarlson, @donaldjtrumpjr, The Daily Beast, The RFAngle and Mediaite

Ashley Carman / The Verge:

Spotify says Anchor powered 80% of its new podcasts, or 1M+ shows, in 2020; overall, Anchor powers 70% of Spotify's total podcast catalog of over 1.9M shows — Anchor powered more than 1 million show launches in 2020 — Spotify's $100 million-plus Anchor acquisition is seemingly paying off.

Discussion: @alexwolfco, @simonowens, @ashleyrcarman, Spotify for Podcasters and Spotify

Discussion: Spotify, Fast Company, @drownedinsound, @wcchen, @tinacanthony, @drownedinsound, TechCrunch, @highwayqueens, @kerrymflynn, The A.V. Club, Spotify, The Wrap, Hollywood Reporter and Engadget

Benjamin Mullin / Wall Street Journal:

Hodinkee, a site featuring news and reviews about watches, raises $40M from LVMH Luxury Ventures, TCG, Tom Brady, and others, source says at a $100M+ valuation — As Tom Brady, LVMH Luxury Ventures and TCG step in, Hodinkee founder Benjamin Clymer will cede CEO duties after more than a decade at the center of the watch world

Discussion: @wsjmag, @benmullin, @mylestanzer and @benmullin

Michelle Gao / CNBC:

Sources: Discovery to launch its streaming service, Discovery+, in Jan. 2021, with a $4.99 per month ad-supported tier and a $6.99 per month ad-free tier — - Discovery will launch its streaming service, Discovery+, in Jan. 2021. — The service will include a $4.99 per month ad-supported tier and a $6.99 per month ad-free tier.

more at Techmeme »

Suzanne Vranica / Wall Street Journal:

GroupM expects marketers to spend $110.1B on digital ads in the US this year, accounting for more than half of the year's total ad spend for the first time — Digital ads to account for more than half of year's U.S. advertising expenditures for first time — For the first time …

Discussion: @joshsternberg, @jamesvgrimaldi, @raju, @leimer, @david_marcelis and @emilyglazer

Etan Vlessing / Hollywood Reporter:

WarnerMedia names Jennifer Biry as CFO, replacing Pascal Desroches, who will be moving into the role of CFO at AT&T — She succeeds Pascal Desroches at the Hollywood conglomerate as it focuses more on its HBO Max streaming service. — Jennifer Biry has been named as the new chief financial officer for WarnerMedia.

Discussion: The Wrap

Shirley Zhao / Bloomberg:

Netflix is planning to double spending on original content in Asia in 2021 to stay ahead of Disney+, Amazon Prime Video, and regional challengers Viu and WeTV — - U.S. giant facing stiff competition in crowded Asian market — Streaming companies luring Asian viewers with cheap packages

Discussion: CNBC

Julia Alexander / The Verge:

TikTok is reportedly testing longer, three-minute videos — A length that feels more in line with YouTube videos — Brevity is the soul of wit — and the heart of TikTok — but the company wants to see if giving people the ability to record longer videos is something its creators want to explore.

Discussion: @mattnavarra, @omarmouallem and @lanceulanoff

Kelsey Sutton / Adweek:

Nielsen: workers increased their TV watching time between 9am and 4pm by 21% YoY; kids between 6 and 17 also saw double-digit increases in TV watch time — Altered viewing patterns during Covid-19 present new reality for advertisers — As people continue working and attending school remotely …

Discussion: @adweek, MediaPost and nexttv.com

Leia Idliby / Mediaite:

The Drudge Report, once a supporter of Trump's rise to the presidency, featured a Photoshopped image of the president in an orange prison jumpsuit on Tuesday — Matt Drudge, the head of influential news aggregator Drudge Report, featured an image of President Donald Trump in a prison jumpsuit on his website.

Discussion: Associated Press, Law & Crime, Vanity Fair and Boing Boing

Tony Romm / Washington Post:

Trump threatened in a tweet on Tuesday to veto the annual defense bill, authorizing nearly $1T in military spending, unless Congress repeals Section 230 — President Trump on Tuesday threatened to veto an annual defense bill authorizing nearly $1 trillion in military spending unless Congress opens …

Discussion: Mediaite, Variety, Wall Street Journal, NPR, National Review, Business Insider, @scottjshapiro, The Week, New York Post, Financial Times, @tonyromm, @evan_greer, Fox News and Bloomberg, more at Techmeme »

Amanda Meade / The Guardian:

ABC accuses Morrison government of using News Corp to attack its journalism after the Australian received government questions for ABC before it received them — Government tactics criticised after the Australian newspaper briefed about a series of Coalition questions meant for the ABC before the broadcaster even received them

Discussion: @kloussikian, @margokingston1 and @earleyedition