Top News:
Tatiana Siegel / Rolling Stone:
Source: WarnerMedia's probe into Chris Cuomo's help for his brother Andrew Cuomo broadens to include ties among Jeff Zucker, Allison Gollust, and Andrew — The ongoing investigation, which exposed an affair that led to Zucker's abrupt resignation yesterday, has expanded …
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Sara Fischer / Axios:
A recording of a CNN staff meeting with WarnerMedia CEO Jason Kilar shows 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 …
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Margaret Sullivan / Washington Post:
Jeff Zucker's tenure at CNN is defined by his pursuit of ratings, which guided 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.
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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”
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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
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Ashley Carman / The Verge:
Audio: Daniel Ek says Spotify needs exclusives for leverage to land deals with Amazon, Google, and others, and that Spotify is a platform, not a publisher — He says Spotify is a platform, not a publisher — Spotify CEO Daniel Ek addressed employees about the Joe Rogan controversy …
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Christi Carras / Los Angeles Times:
Neil Young's former bandmates, David Crosby, Stephen Stills, and Graham Nash, announce plans to “remove their collective recordings from Spotify”
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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
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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.
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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 …
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American Press Institute and The Rural Blog
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Joshua Benton / Nieman Lab:
The UK and Canada draft laws akin to Australia's news bargaining code, which basically determines how much money outlets need to stop complaining about Google — The U.K. and Canada look ready to copy Australia's idea to force Google and Facebook to give publishers money.
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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
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Sarah Ellison / Washington Post:
Sarah Palin's libel case against NYT begins, with the potential to alter precedent granting broad protections to news outlets writing about public figures — The former Alaska governor claims the paper defamed her with a 2017 editorial that was later corrected, in a case that tests long-standing protections for publishers
Brian Steinberg / Variety:
NBC says its Super Bowl ad inventory is sold out across NBC, Telemundo, and Peacock, with some 30-second units selling for $7M — Kickoff for Super Bowl LVI is still days away, but NBC has scored at least one touchdown. — NBC has sold out all of its inventory for the Big Game …
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Ayaz Gul / Voice of America:
The Taliban released two journalists working for independent broadcaster Ariana TV on Wednesday after arresting them on Monday — The Taliban on Wednesday released two journalists working for a local news channel in Afghanistan two days after their arrests, which drew domestic …
Stephanie Condon / ZDNet:
Meta CFO says Apple's ATT privacy changes will cost the company $10B in revenue during 2022 and that Google “faces a different set of restrictions from Apple” — Meanwhile, the company accused Apple of favoring Google over app-based platforms like Facebook with its privacy policies
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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
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Lee Enterprises, Inc.:
Lee Enterprises reports Q1 revenue of $202.3M, down 4.5% YoY, net income of $13.2M, down 19.5% YoY, and 450K digital-only subscribers, up 57% YoY — Digital-only subscribers grew 57%; exceeds halfway mark to 2026 target of 900K Digital Advertising Revenue totaled $43M in the quarter (+19% YOY)
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Abram Brown / Forbes:
Doing Things Media, which owns @DoggosDoingThings and ~20 other Instagram accounts with 40M+ total followers, raises a $21.5M Series A led by Volition Capital — What's a meme worth? Likely more than you'd think. — Doing Things Media, an Atlanta-founded company that owns …
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