Top News:
Reuters:
Fox News files motion to dismiss Smartmatic suit, saying it can't be held liable for “fairly reporting and commenting on competing allegations” — (Reuters) - Rupert Murdoch's Fox News Media said on Monday it filed a motion to dismiss electronic voting systems maker Smartmatic's lawsuit …
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Wall Street Journal, Hollywood Reporter, Law & Crime, @benmullin, Fox News Channel Press, MediaPost, @mmasnick, @mathewi, NPR, @brianstelter, @dylanbyers, TVNewser, Axios, The Wrap and FTVLive
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Colby Hall / Mediaite:
Fox News signs CEO Suzanne Scott to a multi-year agreement, extending her contract — Fox News Media has announced that CEO Suzanne Scott has signed to a multi-year agreement with Fox Corporation in a sign of support for the Fox News head. — Executive Chairman and Chief Executive Officer …
Discussion:
The Hill, Fox News, The Wrap, MediaPost, foxcorporation, Variety, The Wrap, Wall Street Journal, @jbflint, New York Times, @davidfolkenflik and @dylanbyers
PR Newswire:
Fox reports net Q2 income of $230M, down from $314M a year ago, on revenue of $4.09B, up 8% YoY; ad revenue increased 14% YoY — REVENUES OF $4.09 BILLION, AN INCREASE OF 8% AND ADJUSTED EBITDA OF $305 MILLION, AN INCREASE OF 17% — Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the …
Discussion:
@alexweprin, @taralach and @dylanbyers
Sarah E. Needleman / Wall Street Journal:
Reddit raises $250M+ Series E led by Vy Capital at a $6B valuation, doubling in value since its last funding round in February 2019 — Its WallStreetBets community played a prominent role in recent stock-trading frenzy — Reddit Inc. doubled its valuation to $6 billion in a new round …
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CNBC, Upvoted, Variety, National Review, @nategeraci, Raw Story, New York Post, New York Times, ZDNet, @silvermanjacob, @sarthakgh, @jyarow, @minimaxir, Financial Times, @hshaban, @alexrkonrad, @adamlevitan, The Verge, The Week, Ad Age, Insider, The Information, Axios, Bloomberg, TechCrunch, CoinDesk, The Wrap and Insider, more at Techmeme »
Sara Fischer / Axios:
Internal memo: Bloomberg Media is expecting $100M+ in consumer subscription revenue in 2021, forecasting 400,000 subscribers, up from 250,000 in 2020 — Bloomberg Media is expecting to bring in at least $100 million in consumer subscription revenue in 2021, according to an internal memo sent to staff from CEO Justin Smith.
Discussion:
Talking Biz News
Financial Times:
EU lawmakers are considering regulations that would force Facebook and Google to pay for news content on their platforms, echoing a similar move in Australia — Move by MEPs would strengthen hand of publishers against Google and Facebook — EU lawmakers overseeing new digital regulation …
Discussion:
Insider, Fortune, @rasmus_kleis, @superglaze, CNBC, @lanceulanoff, @jason_kint and @martinsignoux, more at Techmeme »
Jason Gurwin / The Streamable:
CBS says it had an overall Super Bowl audience of 96.4M, down from 102.1M last year, and averaged 5.7M viewers per minute of the streaming broadcast, up 65% YoY — CBS announced today that Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs set a new streaming record.
Discussion:
Variety, Mediaite, Deadline, MediaPost, Wall Street Journal, @ourand_sbj, Observer, Adweek, Axios, The Week, @ourand_sbj, @ourand_sbj, @dylanbyers and @themantz
Chris Gilliard / OneZero:
If reporters believe that surveillance data shouldn't exist, then they should not use info from invasive data brokers to make that point, like NYT did recently — The New York Times fails in its attempt to report on the surveillance economy — This op-ed was co-authored by Albert Fox Cahn …
Discussion:
@issielapowsky, @willoremus, @froomkin, @cwarzel, @medium, @evanselinger, @dlberes, @p2173, @robinberjon and @bostonjoan
Andrew Beaujon / Washingtonian:
Massachusetts-based online greeting cards company Punchbowl, Inc. has filed a trademark lawsuit against A.J. Press, which owns political startup Punchbowl News — A Massachusetts company says the Capitol Hill news startup doesn't have the right to the Punchbowl name.
Discussion:
@niemanlab
Josh Gerstein / Politico:
DOJ drops lawsuit seeking to confiscate proceeds from a tell-all book published by a former Melania Trump aide — The Biden administration nixes the controversial case against Stephanie Winston Wolkoff. — photo, Stephanie Winston Wolkoff leaves Trump Tower in New York. Andrew Harnik, File/AP
Discussion:
Insider, @joshgerstein, Law & Crime, The Week and Mediaite
Sara Guaglione / Digiday:
Taboola's SPAC could enable the company to expand its business, via another merger attempt with Outbrain, making publishers even more reliant on its ad revenue — The overall hit that digital publishers' advertising businesses took in 2020 pushed some to take solace in the revenue they received …
DW.COM:
China will soon award all media accreditation based on social media history, causing some who reported on Wuhan to fear their credentials will be stripped — China will soon award media accreditation based on social media history. Journalists who uncovered the early truths about the coronavirus …
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