Top News:
Tatiana Siegel / Rolling Stone:
Source: WarnerMedia's probe into Chris Cuomo advising his brother broadened to include ties between Jeff Zucker, Allison Gollust, and Andrew Cuomo — The ongoing investigation, which exposed an affair that led to Zucker's abrupt resignation yesterday, has expanded to include possible …
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Sara Fischer / Axios:
A 40-minute recording of a CNN staff meeting with WarnerMedia CEO Jason Kilar showcases frustration and confusion over how and why Jeff Zucker was forced out — CNN staffers on Wednesday pummeled WarnerMedia CEO Jason Kilar with tough questions in the wake of the resignation of CNN boss Jeff Zucker …
Discussion:
Los Angeles Times, CNN, Vanity Fair, Puck, Insider, Insider, @miriamelder, @sherman4949, @noahshachtman, @dylanbyers, @megjameslat, @jbarro, @jayrosen_nyu, @joepompeo, @indivisibleteam, @vanityfair, @ichotiner, @sherman4949, @benyt, @keitholbermann, @soledadobrien, @noahshachtman, @maxwelltani, @maxwelltani, @jbarro, @maxwelltani, Associated Press, @maxwelltani, @maxwelltani, @maxwelltani, Wall Street Journal and The Daily Beast
Margaret Sullivan / Washington Post:
Jeff Zucker's legacy is defined by his pursuit of TV ratings at NBC and CNN and his relationship with Donald Trump, whose persona he helped create and burnish — Many questions still swirl around Wednesday's startling announcement that, after nine years, Jeff Zucker's reign as CNN president was over.
Discussion:
TVNewser, Poynter, CNN, Media Nation, Politico, @jayrosen_nyu, @sulliview, @sree, New York Times, @carlcannon, PRESS RUN, @dbernstein, Insider, @davidgura, @pilhofer, @dankennedy_nu, @colmorrisdavis, @jeffjarvis, @dominicholden, Newser, @jrubinblogger, @mrdanzak, Substack, @brianstelter, The Wrap, @parkermolloy, @lisabloom, @megynkelly, @levinejonathan, @oliverdarcy and @jdawsey1
Shawn McCreesh / New York Magazine:
Jeff Zucker's resignation puzzles CNN staff as his relationship was an “open secret”: “Everyone thinks this is Kilar taking his succession swipe back at Jeff”
Jeff Zucker's resignation puzzles CNN staff as his relationship was an “open secret”: “Everyone thinks this is Kilar taking his succession swipe back at Jeff”
Discussion:
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Jeff Schogol / Task & Purpose:
Top Biden administration spokespeople became hostile when reporters pressed them to provide at least some proof to back up their claims about Syria and Russia — If it's starting to feel like March 2003, that's because President Joe Biden's administration is definitely taking an “either you are with us or with the terrorists” vibe.
Wall Street Journal:
Filing: News Corp discovered a hack on January 20 that accessed emails and documents of some staff; expert says the hack is likely linked to China — The attack, discovered on Jan. 20, affected publications including The Wall Street Journal, New York Post and the company's U.K. news operation
Discussion:
New York Times, The Guardian, @alexbruell, The Verge, Forbes, @edmundlee, @susancrabtree, @byrontau, @dionnissenbaum and Bloomberg, more at Techmeme »
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Kimberly Chin / Wall Street Journal:
News Corp Q2: $235M profit on $2.72B revenue, up 13% YoY; Dow Jones' revenue hit $508M, up 14% YoY; News Corp news-media unit had $111M profit on $638M revenue — Publisher of The Wall Street Journal reports 13% increase in revenue as digital subscriptions grow
Discussion:
New York Post
Todd Spangler / Variety:
Filing: Amazon spent $13B on TV, movie, and music content in 2021, up 18% YoY, a significant slowdown from 2020, when spending grew 41% — The ecommerce giant disclosed total video and music expense for 2021 in its annual SEC filing Friday. That total is compared with $11 billion the year prior, which was up roughly 40% versus 2019.
Discussion:
Hollywood Reporter, more at Techmeme »
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Jordan Novet / CNBC:
Amazon breaks out advertising services revenue for the first time, reports $9.7B for Q4, up 32% YoY, $31.2B for FY 2021; subscription services grew 15% to $8.1B — - Amazon disclosed advertising for the first time on Thursday. — Amazon said its advertising business is growing 32%, and booked $31 billion last year.
Discussion:
@benedictevans, Business Wire, @benyt, The Drum, BIG by Matt Stoller, The Diff, CNBC, @benedictevans, @edmundlee, @sarthakgh, @pkafka, @stacyfmitchell, @daveleeft, @stacyfmitchell, @stacyfmitchell, @ryan_browne_, @craigsilverman, @pathedger18, @stacyfmitchell, @rakeshlobster, @tomgara, @0xdabbad00, @benyt and @mattrosoff, more at Techmeme »
Meghan Bobrowsky / Wall Street Journal:
Snap CFO says parts of the company's ad business began to recover from Apple's privacy changes quicker than expected, as Snap sees its first quarterly profit — Snapchat maker says it will take time to fully adapt to the iPhone maker's software changes; shares rally after hours
Discussion:
CNBC, Fast Company, Axios, Bloomberg, New York Times, Insider, @tonymoonbeam, @thorntonmcenery, @sarahfrier, @tanayj, @cnbc, @anthony, @aagave, @willoremus, The Information, Reuters, 9to5Mac and ZDNet, more at Techmeme »
Kate Briquelet / The Daily Beast:
Two Epstein victims sue Miami Herald reporter Julie K. Brown for publishing defamatory statements in her 2021 book about Epstein — Two victims of the sex trafficker claim the legendary journalist misrepresented their stories in her book. — When Miami Herald reporter Julie K. Brown published …
Discussion:
Miami Herald, @csd and Rolling Stone
Lillian Rizzo / Wall Street Journal:
After complaints of limited Tokyo Olympics coverage on Peacock in 2021, NBCUniversal is offering all its Beijing Olympics coverage live on Peacock premium tiers — Comcast's nascent streaming service will provide full access to live coverage after drawing criticism during Tokyo Games
Discussion:
@rwhelanwsj and @benmullin
Kayleigh Barber / Digiday:
Crypto outlet Blockworks says 2021 revenue was $13M+, with 90% coming from ads and sponsorships and 10% from ticket sales, and plans to use NFTs to sell tickets — Crypto publisher Blockworks expects to roughly double its revenue this year by experimenting with the blockchain technology and trends in DeFi …
Discussion:
@digiday
Rebecca Klar / The Hill:
The Wikimedia Foundation and other media groups say a US bill that would let news publishers bargain with tech platforms could hurt small and local outlets — A proposal aimed at giving news publishers the power to bargain with dominant tech platforms over the distribution of their content …
Discussion:
American Press Institute and The Rural Blog
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