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5:25 PM ET, April 15, 2021

Mediagazer

 Top News: 
Hamish McKenzie / Substack Blog:
Substack announces Substack Local, a $1M initiative to help up to 30 independent writers build local subscription news outlets via a cash advance, advice, more  —  A panel of independent judges will work with Substack to select up to 30 local news writers to participate in the program.
Katie Robertson / New York Times:
Reuters is introducing a paywall: after registration and a free preview period, subscriptions will cost $34.99/month; it also plans to launch newsletters  —  Reuters will begin charging for access to its website as it tries to capture a slice of the digital subscription business.
Brian Steinberg / Variety:
ViacomCBS combines CBS News and local stations in a single unit to be led by former ABC stations chief Wendy McMahon and former Hearst exec Neeraj Khemlani  —  Neeraj Khemlani and Wendy McMahon have been named to lead a new unit that combines CBS News and CBS local stations …
Margaret Sullivan / Washington Post:
Study: of the five values espoused by journalists, including oversight, transparency, and factuality, only factuality has the support of a majority of Americans  —  Ask almost any group of journalists to name the core values of their profession, and they'll probably deliver a list like this:
Mark Stenberg / Adweek:
Megan Greenwell / @megreenwell:
[Thread] Megan Greenwell, editor of Wired.com and former EIC of Deadspin, announces she is leaving Wired next week, saying she's drained and needs a break  —  Hi, some news: I'm leaving @WIRED next week. Several journalists I admire, most recently @millie and @s_m_i, have been open about leaving their jobs because of burnout. Like them, I am totally drained, and I've realized I cannot do my best work without a break.
Cassandra Garrison / Reuters:
Televisa Univision is launching its planned streaming platform in the US and Mexico next year before expanding elsewhere in Latin America and Europe  —  MEXICO CITY (Reuters) - Television Univision, a newly formed Spanish media venture, will launch its planned streaming platform in the United States …
Discussion: Variety and Digital TV Europe
RELATED:
Rick Porter / Hollywood Reporter:
Univision and Mexico's Televisa unveil a $4.8B deal to merge, partly financed by a $1B Series C led by SoftBank's Latin American Fund
Brian Steinberg / Variety:
CBS, ABC, NBC, and other networks are demanding that Nielsen submit to a third-party audit, alleging it undercounted TV viewership during the pandemic  —  CBS, ABC, NBC and other TV networks want the company that audits their audiences every day to submit to an audit of its own.
Discussion: Adweek, Hollywood Reporter and Digiday
Aye Min Thant / New Naratif:
Clarissa Ward's reporting in Myanmar for CNN endangered those who spoke to her and provided little information that local reporting hadn't already uncovered  —  CNN reporter Clarissa Ward's shallow coverage of the Myanmar coup, her endangerment of her sources and her embarrassing rationalisations …
Discussion: The Rural Blog
Sarah Scire / Nieman Lab:
A look at theguardian.org, The Guardian's US-based philanthropic arm, which raised $9M in the last year and seeks out subject-specific funding  —  There has been much (understandable!) handwringing over how the pandemic would affect big donor support for news organizations.
Alex Weprin / Hollywood Reporter:
Amazon says it spent $11B on video and music content in 2020 for Amazon Prime Video and Amazon Music, up from $7.8B in 2019, as Prime passes 200M subscribers  —  In his final letter to Amazon shareholders, Jeff Bezos says new CEO Andy Jassy “will muster the energy needed to keep alive in us what makes us special.”
Wall Street Journal:
Sources detail how Amazon uses its power across markets to compel companies like WarnerMedia, Viacom, and AMC Networks to accept its terms  —  A heavyweight in retail, cloud computing, digital advertising, streaming and smart speakers, the tech giant compels vendors in one market to engage with it in others
 
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 More News: 
Sarah Perez / TechCrunch:
In TikTok's first-ever funding of an episodic series by a publisher, the company is backing VIRAL from NowThis, featuring health experts and a live pandemic Q&A
Discussion: MediaPost
Max Willens / Digiday:
The New York Post says it is testing a personalized shopping widget after its affiliate commerce revenues grew 94% YoY in 2020
Brian Steinberg / Variety:
Disney confirms that Kim Godwin will be the next president of ABC News, taking over the role most recently held by James Goldston
 Earlier Picks: 
Sara Fischer / Axios:
Sources: three media veterans are launching a subscription media company with funding led by 40 North Media and TPG Growth, to bundle journalists and resources
Sarah Perez / TechCrunch:
TrillerNet, parent of TikTok competitor Triller, acquires customer engagement platform Amplify.AI and combat sports streaming and events service FITE TV
Justin Baragona / The Daily Beast:
Tucker Carlson used the J&J vaccine pause to suggest the US government knows that COVID-19 vaccines don't work but is purposely “not telling you that”
 

 
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

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

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

 
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