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5:50 PM ET, February 25, 2021

Mediagazer

 Top News: 
Jacob Kastrenakes / The Verge:
Twitter announces Super Follow feature to let users charge for tweets, and a Communities feature to let users create and join groups based on specific interests  —  It's also planning a groups feature  —  Twitter announced a pair of big upcoming features today: the ability for users to charge …
Cynthia Littleton / Variety:
AT&T and PE firm TPG reach a deal to make DirecTV a standalone company with TPG owning 30%; the deal is valued at $16.25B, includes DirecTV, AT&T TV, U-verse  —  The sides have been in talks for months as AT&T has sought to find a solution to the problem of DirecTV's subscriber losses dragging …
Chris Roush / Talking Biz News:
Insider increases the minimum salary for full-time employees to $60K, increases minimum severance to two months and converts bonus compensation to salary  —  Insider is increasing the minimum salary of its full-time employees to $60,000 and improving other benefits, according to an internal memo distributed Thursday.
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.
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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Alex Marquardt / CNN:
Court documents show the jets used by the killers of Jamal Khashoggi were owned by a company that had been seized about a year prior by Mohammed bin Salman
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.
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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
Lila Shapiro / New York Magazine:
Interviews with nine publishing execs and editors of color, hired after the industry's reckoning provoked by #PublishingPaidMe, on their hopes and fears  —  Not long ago, Dana Canedy, the recently appointed publisher of Simon & Schuster, was visiting the Jersey shore when she strolled past …
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Elizabeth A. Harris / New York Times:
A deep look at the effects of the Penguin Random House bid for Simon & Schuster on the book industry, particularly for authors seeking book deals  —  The merger of Penguin Random House and Simon & Schuster has the potential to touch every part of the industry, including how much authors get paid and how bookstores are run.
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
Michael Safi / The Guardian:
Open letter signed by more than 100 Al Jazeera staff says Rightly, its new rightwing digital channel, betrays the outlet's journalism and tarnishes the brand  —  Open letter says the launch of online outlet ‘Rightly’ is ‘an affront’ to the network's journalistic vision
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.
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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Business Wire:
iHeartMedia reports Q4 revenue of $936M, down 9% YoY, says full 2020 revenue fell 20% YoY; company moves its digital audio business into separate reporting unit  —  iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2020.  —  Financial Highlights:
 
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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
 Earlier Picks: 
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
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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