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7:45 PM ET, February 3, 2022

Mediagazer

 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 …
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.
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”
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
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”
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
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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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.
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.
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
Sarah Ellison / Washington Post:
Sarah Palin's libel case against the 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 …
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 …
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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
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)
Discussion: KERA News and Poynter
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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 …
Discussion: @larryvc
 
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 More News: 
DW.COM:
Russia closes Deutsche Welle's Moscow bureau, revokes accreditations, terminates broadcasting, and plans to label DW a “foreign agent”, after Germany bans RT-DE
 Earlier Picks: 
Anna Gross / Financial Times:
BT starts exclusive discussions with Discovery to form a joint venture for BT Sport, deciding against a sale of the TV network to DAZN; the deal is due in 2022
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
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