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1:35 PM ET, February 25, 2021

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 Top News: 
Natalie Jarvey / Hollywood Reporter:
Paramount+ details: ad-supported tier at $5/mo has NFL games, CBSN, thousands of shows; ad-free tier at $10/mo adds live local news, more sports, live CBS shows  —  The rebranded, revamped and supercharged CBS All Access will launch on March 4.  —  For more than 100 years …
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Chaim Gartenberg / The Verge:
Paramount shortens the time between theatrical and streaming releases to 45 days for some films, including Mission: Impossible 7 and Paw Patrol: The Movie  —  As will A Quiet Place Part II and Paw Patrol: The Movie  —  Paramount is dramatically shortening the space between theatrical …
Jeremy Milliner / The Streamable:
ViacomCBS says paid streaming subs for Showtime and CBS All Access climbed to 19.2M in Q4, up from 17.9M in Q3; Pluto TV hit 43M global MAUs, up from 36M in Q3
Christopher Warren / Crikey:
Amendments to Australia's media bargaining code will strengthen big tech and old media, with ~90% of Google money going to News Corp, Seven West Media, and Nine  —  The free money isn't enough to hurt the increasing revenues of big tech, but it is enough to hurt Australian journalism.
RELATED:
CNET:
Australia passes news bargaining code that will require digital platforms like Google and Facebook to pay local media outlets and publishers for their content  —  After a tumultous month that saw Facebook pull news from its platform in protest, Australia's government agrees to make the News Media Bargaining Code law.
Nick Clegg / About Facebook:
Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years
NBC News:
Sources: Biden administration will release an intelligence report that concludes Saudi Crown Prince Mohammed bin Salman approved the killing of Jamal Khashoggi  —  The Biden administration will release an intelligence report Thursday that concludes that Saudi Crown Prince Mohammed bin Salman approved …
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Bill Keveney / USA Today:
At a House subcommittee hearing on media disinfo, TV host Soledad O'Brien urged news outlets to stop platforming lies: “do not book people to lie on your show”  —  A House subcommittee hearing Wednesday on media disinformation, especially in cable news, broke down predictably along partisan lines.
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New York Times:
In a two-minute message, Reply All co-founder and host Alex Goldman says the Test Kitchen series about Bon Appetit is cancelled and the show is on pause  —  A co-host and a senior reporter also left the podcast, after accusations that they worked against union efforts that many employees of color saw as necessary to increase diversity.
Sara Fischer / Axios:
TheSkimm launches SkimmU, a set of free virtual finance courses for women, joining WWD and Axios in creating online courses for readers  —  TheSkimm, a digital media company catering to millennial women, plans to launch SkimmU, a set of free virtual courses designed to help women take control of their finances.
Kirstin McCudden / Freedom of the Press Foundation:
At least four journalists in the US will face trial in March following their arrests while covering BLM protests  —  In a series of major tests for press freedom, at least four journalists around the country will face trial this month following their arrests while covering Black Lives Matter protests …
Discussion: @chadloder and @trevortimm
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Des Moines Register:
Des Moines Register reporter arrested while covering a protest last spring will stand trial starting March 8; she faces 30 days in jail if convicted
 
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 More News: 
Anika Anand / LION Publishers:
LION launches a fellowship which will disburse $1M over two years to member organizations that apply to fund hiring staff whose focus will be revenue generation
Caithlin Mercer / Reuters Institute:
Sinead Boucher, the CEO of New Zealand's largest newspaper group Stuff, says traffic has not significantly dipped since leaving Facebook and trust is higher
@scngguild:
[Thread] Workers at Southern California News Group, including The Orange County Register, announce a union and ask Media News Group and Alden for recognition
 Earlier Picks: 
Anne Davies / The Guardian:
Sky News Australia is garnering millions of views spreading far-right conspiracies, which Alex Jones and others are using as “evidence” from mainstream media
Marc Tracy / New York Times:
Washington Post led all news organizations at the Polk Awards with four prizes; half of all Polk Awards were for reporting related to the pandemic
Kerry Flynn / CNN:
New York Times admits workplace issues, particularly around the treatment of Black and Latino employees, in a new report following an eight-month investigation
Theodore Schleifer / Vox:
Sources: the founder of Acronym, which backs Courier Newsroom, wants to raise $65M to push progressive local news and match the dominance of conservative media