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9:00 AM ET, February 18, 2021

Mediagazer

 Top News: 
William Easton / About Facebook:
Ahead of proposed media law, Facebook says it's banning Australians from sharing/viewing news and all users from sharing from and viewing Australian news Pages  —  In response to Australia's proposed new Media Bargaining law, Facebook will restrict publishers and people in Australia from sharing …
RELATED:
Campbell Brown / Facebook:
Facebook News Partnerships VP: Australia's planned law “fails to recognize ... the fundamental nature of the relationship between our platform and publishers”  —  Today we made an incredibly difficult decision to restrict the availability of news on Facebook in Australia.
Casey Newton / Platformer:
Banning Australian news makes sense for Facebook and may prompt people to visit news sites directly; Google's payoffs, though, will invite global shakedowns  —  Yesterday, I wrote that Australia's News Media Bargaining Code threatened to splinter the internet.
Reuters and Associated Press:
Facebook says it generated ~5.1B free referrals to Australian publishers worth ~AU$407M last year, as Australia's Media Bargaining law passes the House  —  - Facebook will no longer allow people in Australia to read or share news  — The move is a response to the country's proposed Media Bargaining law
Nicholas McElroy / ABC:
Australian authorities in public health, weather, and other areas say Facebook has removed posts from their feeds following Facebook's news ban  —  Facebook has restricted access to news in Australia, and so far the tech giant seems to have taken a pretty broad definition of news.  —  Key points:
Damien Cave / New York Times:
Australia's concentrated media industry, dominated by News Corp, is aligned with the prime minister and has sought compensation from tech companies for years  —  Pathbreaking legislation showed that even a small nation can get the tech giant to bend.  But the United States seems unlikely to follow.
RELATED:
News Corp:
News Corp announces a multi-year, global partnership with Google to provide content from its news sites “in return for significant payments by Google”  —  Long-term Deal Involves Payment For Premium Content For Google News Showcase;  —  Will Yield Substantial Benefits For Journalism And Society
Brian Flood / Fox News:
Rush Limbaugh has died at the age of 70 after a battle with lung cancer  —  Limbaugh's death, following Stage IV lung cancer diagnosis, announced by family  —  Fox News Flash top headlines for February 17  —  Rush Limbaugh, the monumentally influential media icon who transformed talk radio …
Margaret Sullivan / Washington Post:
Alden's audacious lie that it ensures “sustainability of robust local journalism” is evidence of its unsuitability as a newspaper owner  —  When Alden Global Capital announced Tuesday that it was positioned to buy the Chicago Tribune and several other major newspapers, its statement might have sounded promising.
RELATED:
Marc Tracy / New York Times:
Profile of Stewart Bainum, who set up a nonprofit to buy The Baltimore Sun; filing shows price of $65M for The Sun and other papers under nonbinding term sheet  —  Stewart Bainum, a hotel magnate and former politician, has swooped in with a plan to run it and other papers in Maryland as part of a nonprofit.
ProPublica:
ProPublica says Richard Tofel, its founding general manager and president since 2013, will retire from the company when a successor is found  —  ProPublica announced today that Richard Tofel, its founding general manager and president since 2013, will retire from the company when a successor is in place …
Ashley Carman / The Verge:
Recent deals like the iHeart Media's purchase of Triton Digital suggest that ad tech, not exclusive content, will be the key to long-term success in podcasting  —  iHeart Media acquires Triton Digital for $230 million  —  iHeartMedia, the company behind podcasts like Stuff You Should Know and hundreds …
RELATED:
Anne Steele / Wall Street Journal:
iHeartMedia to acquire Triton Digital, which provides audio advertising analytics and measurement services, from Scripps for $230M
Discussion: RAIN News
Bloomberg:
YouTube says YouTube Kids app now has 35M weekly users and launches new tools for creators to make money from their fans, including an applause feature  —  - Company says feature called Shorts still in testing stage  — Google unit also introduces new revenue tools for creators
RELATED:
Darrell Etherington / TechCrunch:
YouTube says it will expand Shorts, its TikTok rival in beta in India, to the US in coming weeks, announces plans for 2021 including expanding in-video shopping
 
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 More News: 
Reuters:
Belarusian court sentences two journalists who filmed protests to two years in prison; they were accused of orchestrating the protests by filming them
 Earlier Picks: 
Brian Steinberg / Variety:
WarnerMedia, known for Cartoon Network and Adult Swim, plans a preschool brand, Cartoonito, and will work to attract more young girls and families as viewers
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

 
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