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3:00 PM ET, February 9, 2022

Mediagazer

 Top News: 
Alexandra Bruell / Wall Street Journal:
Dotdash Meredith will cease printing six magazines, including InStyle and EatingWell, after April, turning them into digital brands and cutting about 200 jobs  —  The publications, which IAC's Dotdash acquired when it bought Meredith last year, will live on as digital-only brands
Georg Szalai / Hollywood Reporter:
RELATED:
Brian Steinberg / Variety:
Sources: Discovery sees Zucker's departure as an opportunity for a reset at CNN, making it less opinionated, after ratings declined noticeably in recent months  —  Ever since Jeff Zucker seized the reins at CNN in early 2013, the cable-news network has been one of loudest voices in media circles.
Sara Fischer / Axios:
As ABC News, ESPN, Daily Mail, and other outlets amass over 1M TikTok followers, some suggest the surge is similar to the explosive growth on Facebook in 2015  —  A handful of news media companies now have more than 1 million followers on TikTok, a testament to how much the viral video platform …
Financial Times:
A look at the effect of current and prospective regulations by EU countries on US streamers, including mandatory investments and retention of producer rights  —  Netflix, Disney and Amazon grapple with national investment targets and a shake-up in who owns rights
Erik Wemple / Washington Post:
In a deposition, James Bennet says that he included a direct apology to Sarah Palin in a response to CNN's questions but the apology didn't make it past NYT PR  —  “America's Lethal Politics,” the June 14, 2017, editorial at the center of Sarah Palin's defamation lawsuit, is cause for apology.
Amanda Silberling / TechCrunch:
Tumblr launches a tip jar, initially in the US, on iOS, Android, and the web; Tumblr will not take a cut and won't use Apple or Google's billing systems  —  Tumblr is launching its second attempt at a monetization feature today.  Rolling out in the U.S. now and soon globally …
Discussion: Tumblr Staff
Alex Weprin / The Hollywood Reporter:
Moonbug Entertainment acquires Little Angel, a YouTube network with more than 88M subscribers  —  The deal is the first for Moonbug since selling itself to Kevin Mayer and Tom Staggs' Candle Media.  —  Moonbug Entertainment, fresh off of its $2.7 billion sale to Candle Media, is expanding its footprint.
Discussion: Variety, Kidscreen, Bloomberg and Tubefilter
Alex Weprin / The Hollywood Reporter:
Fox Corp. beats as Q2 revenue rose 9% YoY to $4.44B with $2.4B in ad revenue, but its net loss reached $73M due to a change in fair value from its investments  —  Fox reported its fiscal Q2 earnings on Wednesday morning, swinging to a net loss but beating Wall Street expectations on revenue and EPS.
Axios:
Foreign correspondents detail intimidation in Beijing, including being assigned a “guide” to follow them and check that interviewees stick to official discourse  —  Foreign correspondents in China are speaking out after a Chinese security official pulled a Dutch reporter …
 
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 More News: 
Military Reporters & Editors Assoc:
The Military Reporters & Editors Association asks the DOD to let journalists embed with US troops deploying to Europe, after several years of being shut out
Ben Thompson / Stratechery:
A review of digital advertising in 2022, which has shifted from a Google-Meta duopoly to one where Amazon and potentially Apple are major forces
 Earlier Picks: 
Jennifer Maas / Variety:
Newzoo: the esports industry drew an estimated 474M viewers and generated $1B+ in 2021 revenue, up 14.5% YoY, but esports media rights brought in only $192.6M
Sarah Emerson / BuzzFeed News:
One of two people charged with conspiring to launder ~$3.6B in stolen bitcoin has been a consistent contributor at Forbes since late 2017 and at Inc. since 2016