Top News:
Tatiana Siegel / Rolling Stone:
Source: WarnerMedia's probe into Chris Cuomo advising his brother has 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 …
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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.
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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”
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
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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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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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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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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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:
@benmullin and @rwhelanwsj
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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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 …
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 …
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
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Brian Steinberg / Variety:
NBC says its Super Bowl ad inventory is sold out across NBC, Telemundo and all digital platforms including Peacock; some 30-second units sold 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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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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@larryvc
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
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:
CNBC, Variety, @jimmy_dore, Ad Age, @mujesakshimaano, CNBC, Reclaim The Net, @eric_seufert, @aparanjape, @ashkan, @corymillsfl, @hotlinejosh and @xpangler, more at Techmeme »