Mediagazer: NBCUniversal and Twitter announce a multi-year global content partnership to bring live, trending content, like sports highlights, to Twitter (Jessica Bursztynsky/CNBC)

11:40 AM ET, January 25, 2021

Top News:

Marisa Sarnoff / Mediaite:

NYT reportedly cancels the contract of an editor after her tweets about having “chills” watching Biden's plane land drew criticism, mostly from conservatives — The New York Times has reportedly terminated the contract of an editor who tweeted that she had “chills” …

Russell Contreras / Axios:

Ex-CNN exec S. Mitra Kalita and PA radio exec Sara Lomax-Reese launch URL Media, a newsletter seeking to expand local news on Black and brown communities — Former CNN executive S. Mitra Kalita and Philadelphia radio executive Sara Lomax-Reese have launched a newsletter seeking to expand local news …

Discussion: @mitrakalita, @russcontreras, @ampalm, @ccmnewmarkj, @eramshaw, @schmalie, @raju, @dawnc331 and Washington Post

CNN:

Larry King, a long time CNN talk show host, dies at 87 — (CNN)Larry King, the longtime CNN host who became an icon through his interviews with countless newsmakers and his sartorial sensibilities, has died. He was 87. — His son, Chance, confirmed King's death Saturday morning.

Discussion: @kingsthings, New York Times, @piersmorgan, @cnn, Mediaweek, Poynter, @cnnpr, Always Be Watching, @missbitcoin_mai, @hughriminton, @craigyferg, TVNewser, @jscollinsap, @philippecorbe, @jmileskhou, @booth, @trevinwax, @sapere_vivere, @edborgato, @aeharshada, @derekwatts, @matthwatson, @ajkatztv, Axios, The Guardian, @ashkan, @nygovcuomo, @karaszewski, @keitholbermann, @annericeauthor, @camanpour, @acosta, @edlavacnn, @davidbegnaud, @sedano, USA Today, @roybelly, @rolandsmartin, @marclamonthill, Los Angeles Times, @marclamonthill, @sruhle, @wajahatali, @bob_wachter, @mariashriver, @oliverjia1014, @stephaniebusari, @anacabrera, E! Online, @adweek, @brianstelter, @bensherwood, @harrymccracken, @kaitlancollins, @cwarzel, @shinangovani, @madisonsiriusxm, @trevorncube, @kimberleyeleo, @ddayen, @sagaftrafound, @markwarner, @trevorncube, @edlavacnn, @wakeupsheeeep, @raysteelertv6, @adweek, @karaszewski, @dcsportsbog, @theryanparker, @mastertes, @georgetakei, @nytimes, @jeffreygoldberg, @philrosenthal, @sizwedhlomo, @shimonpro, @edlavacnn, @ocktalks, @scottwthr, @viaalana, @thr, @markdevenport, @oliverdarcy, @patkiernan, @virsanghvi, Mononym Mythology, Larry King, Associated Press, ScreenRant, RT, The A.V. Club, Ad Age, Slate, /Film, Vox, BBC, Daily Mail, Sky News, NBC News, Hollywood Reporter and Variety

Joe Flint / Wall Street Journal:

NBC's Peacock signs a deal for exclusive streaming rights for WWE Network content in the US from March; source says the deal runs five years and is worth $1B+ — World Wrestling Entertainment content will move to Peacock starting March 18 in deal worth more than $1 billion

Sara Fischer / Axios:

Content recommendation company Taboola says it has agreed to go public via a SPAC, valuing the company at $2.6B and raising $545M — Taboola, the content recommendation company known best for the chum box ads at the bottom of publishers' websites, has agreed to merge with special purpose …

Meg James / Los Angeles Times:

Inside CBS' fraught investigation into allegations of racism and misogyny on the part of CBS Television Stations President Peter Dunn and another senior exec — Gripped by scandal in the summer of 2018, CBS came up with a way to contain the crisis. — The television giant's board hired …

Discussion: Los Angeles Times, @katiefehlinger, @latimes, @davidcayj, @mattdpearce, @deggans, @latimes and @megjameslat

Robert P. Baird / Columbia Journalism Review:

An in-depth look at Laurene Powell Jobs' Emerson Collective, which a source says has spent $250M on journalism, buying stakes in The Atlantic, Axios, and others — With the Emerson Collective, Laurene Powell Jobs is becoming a force in American media. What is she trying to achieve?

Discussion: @cjr, @pennyriordan1, @_meher, @raju, @mathewi, @teddyschleifer, @zunguzungu and @cjr

Nathan Ingraham / Engadget:

Spotify says it is testing a pilot of audiobooks on the platform, with nine public-domain titles read by well-known names like Hilary Swank — Initial titles include ‘Frankenstein,’ ‘Great Expectations’ and ‘Jane Eyre.’ — Spotify's aggressive move into content beyond music continues today …

Discussion: Hollywood Reporter and The Verge

Jessica Bursztynsky / CNBC:

NBCUniversal and Twitter announce a multi-year global content partnership to bring live, trending content, like sports highlights, to Twitter — - Comcast's NBCUniversal and Twitter on Monday announced a multi-year global content partnership. — The deal is an effort to expand …

Discussion: MediaPost, Variety, Ad Age, Light Reading, Hollywood Reporter and The Drum, more at Techmeme »

Archie Bland / The Guardian:

Emails suggest members of Rolling Stone's influencer network, who pay $2K in fees, can have their content published; Rolling Stone says it labels the content — Emails from ‘best-known entertainment media outlet’ invite ‘Culture Council’ to pay for chance to publish on website

Chris Erik Thomas / Study Hall:

A deep dive into NYT's crossword puzzle, as long time editor Will Shortz has been slow to address cultural changes and diversify its constructors and editors — Despite decades worth of missteps and competition from a growing indie scene, the Times puzzle is slow to change.

Discussion: @michaelluo, @kerrymflynn and @niemanlab

Sara Fischer / Axios:

Google details its work on a privacy-conscious cookie substitute, called Federated Learning of Cohorts, claims ~95% effectiveness compared to cookie-based ads — Google on Monday said new test results show promising signs that the technology it's hoping will replace cookie-based ad targeting is working.

Discussion: The Drum, MediaPost, Ad Age, @sarafischer, CNBC, The Keyword, @baekdal and Bloomberg, more at Techmeme »

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More News:

Lloyd Grove / The Daily Beast:
Sources: David Pecker, who retired, is still calling the shots and picking covers at National Enquirer and Globe, amid mass layoffs across A360 Media's titles

Discussion: @hollywoodspin and @oliverdarcy

Chance Miller / 9to5Mac:
Apple launches Time to Walk for Apple Watch and Fitness+, offering 25 to 40 minute episodes of original audio from influential people, available today

Discussion: Apple, TechCrunch, Engadget, AppleInsider, @apollozac and @lanceulanoff, more at Techmeme »

Alexander Gladstone / Wall Street Journal:
AMC Entertainment says it signed deals for $917M in funding to survive the COVID-19 pandemic for months and avoid bankruptcy

Discussion: Variety, Business Insider, The Wrap, Bloomberg, New York Times and Business Wire

Financial Times:
Groups that want to buy newspapers away from hedge funds like Alden face a problem: funds are making money and execs like Heath Freeman aren't looking to sell

Discussion: @blackamazon, @lisaabramowicz1, @ryanlcooper, @mattdpearce, @ftlifearts, @hazelsheffield, @ddiamond, @mcallguild, @natalie_devito, @ress_kim, @mcallguild, @aodespair, @5plish, @adam_marton, @aodespair and @adam_marton

USAGM:
USAGM's acting CEO replaces the heads of RFE/RL, RFA, and Middle East Broadcasting Networks and three board directors named by Pack days before his resignation

Discussion: @davidfolkenflik, @vermontgmg, The Hill, @davidfolkenflik, @ilangoldenberg, @byronyork, NPR and New York Times

Nilay Patel / The Verge:
Marques Brownlee, aka MKBHD, on starting and scaling one of the biggest YouTube tech channels to 13.5M subscribers, day-to-day work, and future of his business

Discussion: contextisking.com, @blackamazon, @steven_aquino, @taylorlorenz, @coreybehnke and Business Insider

Earlier Picks:

Caitlin L. Chandler / Columbia Journalism Review:
In Germany, the publication and court-ordered retraction of articles alleging sexual abuse raise questions about the right to privacy vs. press freedom

Discussion: @rosao_hara, @sesmith, @legalnomads, @laloeffelstiel, @laloeffelstiel, @davidmackau, @leahlibresco and @katiejmbaker

Julia Alexander / Musings on Mouse:
Studios must find a way to make movies that both grow subscribers and work for the huge box office in China, where their streaming services likely won't launch

Discussion: @loudmouthjulia

Todd Spangler / Variety:
MoffettNathanson survey: 62% of Apple TV+ subscribers were on free offers in Q4 2020, only 30% said they plan to renew at the regular $4.99/month price

Discussion: The Streamable, The A.V. Club, Cord Cutters News, @tealambition, @kipjmooney, @colettelala, @lanceulanoff, @tvgrimreaper, @xpangler and @mrtvstud

Wall Street Journal:
Comcast's NBCUniversal is shutting down its sports cable channel, NBCSN, at the end of the year and moving much of its programming to USA network

Gerry Smith / Bloomberg:
Beyond unhappy customers and claims of censorship, cable providers won't drop networks like Fox News due to FCC statutes, leased access, programming leverage

Discussion: Washington Post, @sulliview, @justinhendrix, Three Arrows Blog, Baer in Mind, @guypbenson, @postopinions and @newsynick

From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to back an up to $125B investment to build a megafab in New York and a fab in Idaho over the next 20 years

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