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:
CNN staffers puzzle over Jeff Zucker's sudden move as his relationship was an “open secret”: “this is Kilar taking his succession swipe back at Jeff”
CNN staffers puzzle over Jeff Zucker's sudden move as his relationship was an “open secret”: “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
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, ask their music labels to remove their collective recordings from Spotify
Neil Young's former bandmates, David Crosby, Stephen Stills, and Graham Nash, ask their music labels to remove their collective recordings from Spotify
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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:
Wikimedia Foundation and other media groups say a proposed bill that would let news publishers negotiate with tech platforms would 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, The Rural Blog and insideradio.com
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Joshua Benton / Nieman Lab:
UK and Canada draft laws similar 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
Stephanie Condon / ZDNet:
Meta CFO says Apple's ATT privacy changes will cost the company $10B in revenue during 2022 and says 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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Financial Times, Facebook, Breitbart, CNBC, MacRumors and The Economic Times, more at Techmeme »
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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
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
Discussion:
Ad Age, Variety, CNBC, CNBC, @eric_seufert, @jimmy_dore, Reclaim The Net, @aparanjape, @ashkan, @corymillsfl, @hotlinejosh and @xpangler, more at Techmeme »
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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The Wrap, Crain's New York Business, @bristei, Ad Age, OutKick, MediaPost, Deadline, Next TV and Hollywood Reporter
Lee Enterprises, Inc.:
Lee Enterprises reports $13.2M net income on $202.3M revenue for the quarter ending in December; digital subscriptions rose 57% during the quarter to 450K — 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 …
Anna Gross / Financial Times:
BT says it has started exclusive discussions with Discovery over forming a joint venture for BT Sport, deciding against a sale to DAZN — UK telecoms group considers 50/50 alliance with Eurosport UK after deciding against sale to DAZN — BT has started exclusive discussions …
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