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8:35 PM ET, February 4, 2021

Mediagazer

 Top News: 
Marc Tracy / New York Times:
In 2020, NYT hit 7.5M subscribers, added 2.3M digital-only subs, generating $598.3M in revenue, up 30% YoY; ad rev fell 26% YoY to $392.4M; profit hit $250.6M  —  In its fourth-quarter earnings report, The New York Times Company said 2020 was its biggest year for adding subscribers.
RELATED:
Sarah Scire / Nieman Lab:
NYT is working on a subscription product for Wirecutter, a standalone product for audio app Audm, and says podcasts generated $36M in 2020, up from $29M in 2019  —  The New York Times is working on building a subscription product for its consumer reviews site Wirecutter …
Discussion: MediaPost and Poynter
New York Times:
CNN President Jeff Zucker says he expects to leave at the end of 2021, when his contract ends  —  The executive shaped the look and feel of CNN since coming aboard in 2013.  The network hit record ratings in recent months, during which Mr. Zucker had tensions with his newly installed boss.
Kate Beddoe / The Keyword:
Google rolls out an initial version of Google News Showcase in Australia, with participation by and financial support for The Canberra Times, Crikey, and others  —  With the news moving faster than ever, it's clear that journalism is an essential way to keep people informed.
New York Times:
Election tech company Smartmatic files $2.7B defamation lawsuit against the Fox Corporation, Fox News, and hosts Lou Dobbs, Maria Bartiromo, and Jeanine Pirro  —  Smartmatic accused Rupert Murdoch's network of promoting a false narrative about the 2020 election that damaged the company.
Andrew Marantz / New Yorker:
The case of John Sullivan, who's participated in and recorded riots, including the Capitol assault, raises questions on how to delineate journalists from others  —  John Sullivan claims that he was at the Capitol insurrection as a neutral journalist.  Others say he was a riot chaser who urged the mob to “burn this shit down.”
Salvador Rodriguez / CNBC:
Snap beats with Q4 revenue of $911M, up 62% YoY, vs $857.4M est., DAUs were up 22% YoY to 265M; stock down 7%+ after hours on weak Q1 forecast  —  - Snap's stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street's expectations on earnings, revenue and user growth.
Zack Budryk / The Hill:
Toronto Star and other Torstar-owned papers left front pages blank Thursday as they launched a campaign for new laws regulating Google and Facebook  —  The Toronto Star left its front page blank Thursday to call for further regulation of tech giants such as Google and Facebook, saying they have too much control over news content.
Josh Eidelson / Bloomberg:
In NLRB filings, WGAE says G/O Media management broke law by telling staff it fired Gizmodo's Alex Cranz to retaliate for her discussion of working conditions  —  Online publisher G/O Media Inc. told employees of its tech-news website Gizmodo that it fired a co-worker because of her union activism …
Julie Hart / American Press Institute:
New Hampshire's the Laconia Daily Sun is training its letter writers in conflict mediation skills to help reduce animosity in opinion page submissions  —  Editor's Note: The American Press Institute is exploring how news organizations are reimagining opinion journalism to support constructive conversations in their communities.
 
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 More News: 
Hamish McKenzie / Substack Blog:
Substack co-founder says Facebook and Twitter getting into paid newsletters is a positive thing for writers and the media ecosystem, implores them to go all in
Felix Salmon / Axios:
Katherine Maher, the Wikimedia Foundation's CEO, will step down as of April 15; the foundation's board has created a search committee to find her successor
Meg James / Los Angeles Times:
TV mogul Byron Allen and Charter Communications settle a lawsuit in which Allen claimed racism motivated Charter to refuse to distribute his small TV channels
Discussion: PR Newswire, TheGrio and Deadline
Eric J. Savitz / Barron's Online:
IAC Q4: Vimeo earnings of $1.5M, revenue of $83.8M, up 54% YoY, subscribers up 24% to 1.5M; Dotdash earnings of $30.9M, up 81% YoY, revenue of $74M, up 33% YoY
NPR:
NPR debuts the Station Investigations Team, part of its Collaborative Journalism Network; it will work with member stations to report investigative projects
 Earlier Picks: 
Meredith Corporation:
Meredith Q2: earnings of $148.5M on revenue of $901.5M, up 11% YoY; licensing revenue up 34% YoY, partly driven by Apple News+; digital ad revenue up 22% YoY
Ofcom:
UK's Ofcom revokes broadcasting license of China Global Television Network because the licensees didn't have editorial control over CGTN's output
The Daily Beast:
Over 150 NYT staffers sent a letter to bosses criticizing the handling of complaints that Donald McNeil Jr. used racist language on a NYT-sponsored trip
Pranav Dixit / BuzzFeed News:
India's IT ministry orders Twitter to block the recently restored accounts of critics and The Caravan magazine, threatens Twitter staff with jail time or fines
Washington Post:
Sean Hannity's on-air angst reflects the tumult inside Fox News, as it faces a dip in January ratings and renewed scrutiny from the Murdoch family
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Robert Burnson / Bloomberg:
Court filing: OpenAI says Elon Musk's claim that the company has abandoned its altruistic principles is “revisionist history” and a bid to boost his AI company

 
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