Top News:
Michael M. Grynbaum / New York Times:
Jeff Zucker resigns as CNN president and chair of WarnerMedia's news and sports division, saying he didn't disclose a relationship with a senior CNN executive — The relationship came up during the network's investigation into the former anchor Chris Cuomo.
Discussion:
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Brian Stelter / CNN:
CNN's chief marketing officer Allison Gollust says she is in a relationship with Jeff Zucker; Gollust will remain at CNN — New York (CNN Business)CNN Worldwide president Jeff Zucker said Wednesday that he is resigning, effective immediately. — Zucker said in a memo …
Discussion:
The Wrap, Mediaite, Politico, Observer, UPROXX, RADAR, @brianstelter, The Daily Beast, Vanity Fair, Mother Jones, Fast Company, @davidfolkenflik, OutKick, New York Post, Insider, The Present Age, Rolling Stone, Ad Age, Newser, @jbflint, The Wrap, @nycsouthpaw, TVNewser, Jezebel, Forbes, The Truth Barrier, ET Canada, Adweek and Barrett Media
Brian Steinberg / Variety:
Jason Kilar names three of CNN's top managers, Michael Bass, Amy Entelis, and Ken Jautz, as interim co-heads for CNN through the close of the Discovery merger — “We are fortunate to have three senior leaders within the News organization who have agreed to serve as interim co-heads …
Discussion:
Mediaite, MediaPost, @awallenstein, Deadline and New York Post
The New York Times Company:
The NYT reports 375K net new digital subscriptions in Q4, $2B annual revenue in 2021 for the first time since 2012, and targets 15M+ subscribers by end of 2027 — The New York Times Company (NYSE: NYT) announced today fourth- quarter 2021 diluted earnings per share from continuing operations …
Discussion:
@dkthomp, @sarafischer, @edmundlee, @alexweprin, @davidclinchnews, @cliffordlevy, @annehelen, @scottnover, @perlberg, @perlberg, @emilybell, @bmorrissey, @erickschonfeld, Poynter, @wturvill, @davecullinane, @gerryfsmith, @alexweprin, @jarroddicker, @jason_kint, @jessicalessin and Nieman Lab
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Marc Tracy / New York Times:
The New York Times Company closes its acquisition of The Athletic and its 1.2M subscribers, hitting its 10M subscriber goal three years ahead of schedule — The deal for the sports site, which was finalized on Tuesday, helped the company reach that goal a couple of years early.
BBC:
Meta reports Q4 ad revenue of $32.6B, up 20% YoY, but warns sales growth could be 3%-11% in Q1 2022 due to iOS changes, inflation, and supply chain disruptions — Facebook-owner Meta has warned of slowing growth, as audiences flock to competitors like TikTok and the businesses that advertise on its platforms cut marketing budgets.
Stephanie Bodoni / Bloomberg:
Belgium's data watchdog fines IAB Europe €250K after finding its ad-targeting tool violates GDPR, and orders a “series of remedies” within two months — IAB Europe, an association for online advertising companies, was fined 250,000 euros ($282,690) and handed an ultimatum …
Lucas Shaw / Bloomberg:
Spotify reports Q4 revenue of €2.69B, up 24% YoY, 406M MAUs, up 18% YoY, and ad-supported revenue of €394M, up 40% YoY and a record 15% of total revenue — After a month of controversy involving podcast host Joe Rogan, Spotify Technology SA disclosed a more immediate business problem …
Discussion:
The Hollywood Reporter, TechCrunch, Engadget, Spotify, Spotify, @lucas_shaw, @lucas_shaw and @kerrymflynn, more at Techmeme »
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Dawn Chmielewski / Reuters:
Wendy Zukerman, host and executive producer of Gimlet's Science Vs, says she'll devote the fact-checking podcast to combating misinfo on other Spotify shows
Discussion:
Vanity Fair, @wendyzuk, @caseybriggs, @bostonjoan, @_loveallthis, @danilic and Bloomberg
Los Angeles Times:
Apptopia: Tidal app installs rose nearly 23% in the January 26-31 period over January 20-25; installs of tiny Qobuz, recommended by Neil Young, rose 64%
Discussion:
Variety, @barstoolwsd, @mattdpearce, @karaswisher, @jonathanturley, @lamonicabuzz, @paulbradleycarr, @joncoopertweets, @ansonmount, @harry1t6, @mattdpearce, @thewendylee and The Verge
Mark Stenberg / Adweek:
Forbes launches Premium Profiles, offered to the people, places, and companies on its ~100 annual lists for free; extra features cost $1,500 to $10,000 per year — Forbes announced Wednesday morning the debut of its new Premium Profiles product, a venture 18 months in the making that aims …
Discussion:
@markstenberg3, Forbes and @markstenberg3
Sara Guaglione / Digiday:
How podcast publishers like Vice, iHeartMedia, and Tinkercast are growing audiences by producing original and translated non-English language content — For bilingual people and international listeners, expect more podcasts coming your way from U.S.-based publishers and audio platforms this year.
New York Times:
ABC suspends The View host Whoopi Goldberg for two weeks after she repeatedly said the Holocaust wasn't about race during an episode; Goldberg has apologized — Ms. Goldberg's comments, on Monday's episode of “The View,” came amid growing ignorance about the Holocaust and rising antisemitism.
Discussion:
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Sebastien Ash / Agence France-Presse:
German regulator bans RT-DE, saying it does not have a broadcasting license; RT says it will not stop broadcasting as it has a Serbian broadcasting license — The German broadcasting regulator said Wednesday it had banned the transmission of the German-language channel of Russian state broadcaster RT …
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