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2:55 AM ET, March 30, 2021

Mediagazer

 Top News: 
Axios:
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round  —  Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned.  Existing investor Andreessen Horowitz is leading the round.
Chris Welch / The Verge:
T-Mobile to shut down TVision's three bundles of live channels at the end of April, after launching in Nov., and is instead partnering with YouTube TV and Philo  —  TVision Live, Live Plus, and Live Zone will go offline on April 29th  —  Only five months after announcing its TVision streaming service …
Felicia Sonmez / @feliciasonmez:
Felicia Sonmez says she has been told by her editors that the Washington Post is rescinding its years-long ban on her from writing about sexual misconduct  —  Hi all. I've been told by my editors that the Post is rescinding its ban. This is good news, but it's unfortunate that it had to come at such a high emotional toll, and after my distress was dismissed for years. I'm taking time to rest and process. Thank you for your support.
RELATED:
Rachael Bade / Politico:
Felicia Sonmez criticized WaPo editors during a staff town hall, revealing that she is barred from writing anything about sexual misconduct or #MeToo
Luke Winkie / Nieman Lab:
Boston Globe's health and life sciences pub Stat is thriving during the pandemic, with monthly unique visitors of 23M+, up from an average of 1.5M in 2019  —  “Our Chartbeat dial went past the maximum.  It went all the way around again.”  —  2020 was one of the grimmest years for the media business on record.
Reveal:
Federal judge dismisses Planet Aid's four year, multimillion-dollar libel lawsuit against Reveal from The Center for Investigative Reporting  —  After more than four years of fighting a multimillion-dollar libel lawsuit brought by international aid group Planet Aid, Reveal from The Center …
Lukas I. Alpert / Wall Street Journal:
Mason Slaine, who owns a 3.4% stake in Tribune, says he would commit $100M toward Bainum's Tribune bid, aiming to acquire the Orlando Sentinel and Sun Sentinel  —  Mason Slaine, a minority Tribune investor, is looking to acquire the Orlando Sentinel and the Sun Sentinel
Kristen Hare / Poynter:
McClatchy is outsourcing page design and typesetting to Express KCS, cutting more than 26 jobs by August 15  —  The company has had more than 200 layoffs in different departments since the pandemic began  —  On Monday, McClatchy announced a change to its page design and typesetting via an email that Poynter obtained.
New York Times:
Since Columbine, reporting on mass shootings in the US has evolved to focus more on victims, with journalists more cautious about the shooter's supposed motives  —  After that school shooting, the media faced criticism for focusing on the assailants rather than on the victims.
Kayleigh Barber / Digiday:
Good Housekeeping says GH+, its $20 per year membership program, is on track to have 10,000 paying members at the program's one year anniversary in June  —  Good Housekeeping is testing what a membership model looks like in conjunction with a subscription product and is finding that the ceiling …
Discussion: @kerrymflynn
Todd Spangler / Variety:
Comcast starts rolling out Disney+ and ESPN+ on its X1 cable TV and Flex broadband-streaming platforms  —  Comcast is plugging the Walt Disney Co.'s Disney Plus and ESPN Plus into its X1 cable TV and Flex broadband-streaming platforms — part of the operator's ongoing strategy to become the one-stop hub for all video entertainment.
Lucy Campbell / The Guardian:
BBC had £880M of annual recurring savings since 2016/17, beating its target a year ahead of schedule; to cut costs, BBC Four will be focused on archived content  —  Overhaul means channel will no longer commission original content but will broadcast performances
Ronan Shields / Adweek:
Ad tech company TripleLift sells a majority stake to Vista Equity Partners, sources say for $1.4B  —  Ad tech sees another M&A jolt
 
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 More News: 
The Guardian:
Sources: UK government delays US-style televised briefings until mid-May, as it considers whether to continue a war with the media on “culture war” topics
Nabila Ahmed / Bloomberg:
Australian media giant Nine says it suffered a cyberattack that disrupted live programming on Sunday; the company is working with Australia's cyber intel agency
 Earlier Picks: 
Todd Spangler / Variety:
News Corp will acquire the consumer arm of educational publisher Houghton Mifflin Harcourt for $349M in cash and will combine it with HarperCollins Publishers
Ben Smith / New York Times:
Inside Harper's, which has struggled in the digital era but is nonetheless America's most interesting magazine and offers one of media's oddest workplaces
Cynthia Littleton / Variety:
A look at Colour Entertainment, a 20-year-old nonprofit dedicated to helping executives of color in the entertainment industry climb the corporate ladder
 

 
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

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

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
 
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