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11:55 AM ET, February 8, 2022

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 Top News: 
Financial Times:
Interviews with 30+ people detail Axel Springer's handling of allegations against Bild EIC Julian Reichelt; CEO Mathias Döpfner fought to protect Reichelt  —  German publisher's chief Mathias Döpfner fought to protect his top editor from misconduct claims
Benjamin Mullin / Wall Street Journal:
Leaked audio: some of CNN's biggest on-air hosts pressed Jason Kilar about Jeff Zucker's resignation and whether WarnerMedia would pay Chris Cuomo severance  —  Jason Kilar declines to tell staff whether CNN parent WarnerMedia would pay former anchor Chris Cuomo severance
RELATED:
Mark Gurman / Bloomberg:
Source: Apple acquires London-based AI Music, which uses AI and royalty-free music to create dynamic soundtracks that change based on user interactions or moods  —  Apple Inc. acquired a startup called AI Music that uses artificial intelligence to generate tailor-made music …
Joe Flint / Wall Street Journal:
The Matrix Resurrections co-producer Village Roadshow sues Warner Bros. over WarnerMedia's decision to release the film on HBO Max and in theaters concurrently  —  Lawsuit alleges decision to release ‘The Matrix Resurrections’ movie simultaneously on HBO Max and in theaters hurt its box-office performance
Dade Hayes / Deadline:
Oscar nominations for Netflix and Amazon fell; half of the Best Picture nominees had little to no time in theaters and all major studios relied on hybrid models  —  This morning's Oscar nominations suggest a rethink — or at least a collective hitting of the pause button — on the status of streaming in the awards conversation.
Mark Kleinman / Sky News:
Sources: UK regional newspaper publisher Newsquest is in exclusive talks to merge with rival publisher Archant  —  Gannett-owned Newsquest is in bilateral discussions about a merger with Archant that would reinforce its status among the UK's biggest publishers of local news, Sky News learns.
Discussion: HoldtheFrontPage
Hannah Murphy / Financial Times:
Sources: ahead of its IPO, Reddit has approached WPP and other big ad agencies to secure marketing deals, a delicate tightrope given its outspoken user base  —  Anarchic social network in discussion with WPP as it seeks to make profit without angering 330mn outspoken users
 
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 More News: 
Brandon Smith / WBAA:
ACLU of Indiana sues Indiana AG for barring political writer Abdul-Hakim Shabazz from his press conferences despite his longstanding press credentials
Isaac Chotiner / New Yorker:
Former Vanity Fair EIC Graydon Carter and journalist Vicky Ward give conflicting accounts of why the magazine didn't publish allegations about Jeffrey Epstein
Joe Walsh / Forbes:
Barstool Sports' Dave Portnoy sues Insider for defamation over two stories in which multiple women accused him of “violent and humiliating” sexual experiences
Discussion: Awful Announcing
Brian Steinberg / Variety:
Jonah Goldberg, one of the political analysts who resigned from Fox News in protest of Tucker Carlson's January 6 streaming special, joins CNN as a contributor
Josh Kosman / New York Post:
Sources: Marquee Sports owners The Chicago Cubs and Sinclair are in talks to launch a streaming service, despite pushback from Major League Baseball
 Earlier Picks: 
Megan Graham / Wall Street Journal:
Innovid, an adtech company focused on streaming TV, acquires measurement and attribution service TVSquared for approximately $160M in cash and stock
Financial Times:
Private equity firms like Apollo, which recently bought a $760M stake in Legendary, are betting that streaming demand for scripted content will endure for years
J. Clara Chan / The Hollywood Reporter:
In a staff email, Daniel Ek says “silencing” Rogan is not the answer and commits $100M to licensing, developing, and marketing content from marginalized groups
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time, reaching a valuation of $2.15T after rising 10% on April 26, its biggest one-day jump since July 2015

Andy Edser / PC Gamer:
Microsoft partners with IBM to release the MS-DOS 4.0 source code under the MIT license on GitHub

 
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