Mediagazer: Howard University receives a $2M donation to digitize its Black Press Archives, which date back to the 1970s and contain over 2,000 newspaper titles (Tali Arbel/Associated Press)

9:15 AM ET, February 23, 2022

Top News:

Private equity firms Apollo and Standard General buy local TV giant Tegna, which owns 64 stations in 51 markets, for $5.4B, giving it a ~$8.6B valuation — Standard General and Apollo will pay $24 share for the company, which owns 64 stations in 51 markets.

The Atlantic:

Maria Ressa, Rappler CEO and a Nobel Peace Prize recipient, joins The Atlantic as a contributing writer covering democracy, press freedom, and the social web — As The Atlantic continues its editorial focus on exposing the crisis facing democracy and the rise of global authoritarianism …

Discussion: @adriennelaf, @blackamazon and @mckaycoppins

Sara Guaglione / Digiday:

Condé Nast's Vogue and GQ will make content exclusively for TikTok, including hashtag challenges and print inserts — Vogue and GQ will make content exclusively for TikTok, both for their own respective brand channels and in print, under a new deal Condé Nast signed with the social media platform.

Discussion: @markdistef

Emily Atkin / HEATED:

Emily Atkin, who launched Heated with a $20K Substack advance in 2019, says the climate newsletter is going on hiatus as she takes “a big digital break” — Why HEATED is going on temporary hiatus. — I've been thinking a lot lately about resilience: the ability to remain strong in the face of difficulties.

Discussion: @emorwee, @leah_rosenbaum, @kendallbaker, @brittwray, @annehelen, @emorwee, @kelcsimpkins, @hyltonanne, @pkafka, Too Much TV Newsletter, @petedominick, @sorayaroberts and @mattbrownep

Emma Roth / The Verge:

Netflix is testing Fast Laughs, a stream of short, curated comedy clips, on its TV app in select English-speaking countries — Fast Laughs is rolling out to ‘select English-speaking countries’ — Netflix is testing Fast Laughs, a stream of comedy clips hand-picked by Netflix, on its TV app.

Lily Kuo / Washington Post:

As China walks a tightrope over the Ukraine crisis, Beijing-linked Horizon News accidentally posted apparent coverage rules banning posts unfavorable to Russia — China did not explicitly endorse Moscow's latest moves toward Ukraine but still recognized on Tuesday what it called Russia's …

Discussion: Insider, @qjurecic, Quartz, Associated Press, @nakashimae, РИА …, Insider, The Daily Beast and Mother Jones

Sam Kille / Report for America:

Permanent community news funds, formed by community foundations working with local news leaders, are a major new trend for supporting local news — READ THE ‘COMMUNITY NEWS FUND’ REPORT — Report for America today released a report that identified a major new trend - the creation of …

Discussion: @report4america

Tali Arbel / Associated Press:

Howard University receives a $2M donation to digitize its Black Press Archives, which date back to the 1970s and contain over 2,000 newspaper titles — Howard University has received a $2 million donation to digitize a major collection of Black newspaper archives in hopes of making …

Discussion: @nickimayonews and @alexalisitza

K.J. Yossman / Variety:

Disney EMEA, BBC Studios, and Sony Pictures join the Digital Entertainment Group International trade body; Google and Warner Bros. are already members — The Walt Disney Company, EMEA, BBC Studios and Sony Pictures Entertainment have joined digital trade body the Digital Entertainment Group International (DEGI).

Rick Porter / The Hollywood Reporter:

Nielsen expands its Media Impact planning tools, adding streaming platform ratings to help advertisers and media buyers plan cross-platform campaigns — The addition aims to help marketers plan campaigns — and signal the industry that the embattled company is adapting to the current landscape.

Discussion: Variety

Naman Ramachandran / Variety:

Boris Johnson says UK Culture Secretary Nadine Dorries has asked Ofcom to review whether RT's news channel license should be suspended — U.K. Prime Minister Boris Johnson has ordered a review of the Russian-backed RT news channel. — Addressing the House of Commons on Wednesday …

Discussion: The Guardian, @eliothiggins, Deadline, @davidheniguk, @davidheniguk, @davidheniguk, @robertlargan, @davidheniguk, @jimwaterson, @andrew__roth, @pwnallthethings, @steven_swinford, @steven_swinford, The Times, @steven_swinford, @maxseddon, @bentavener and @kevin_maguire

Sara Fischer / Axios:

PwC: US consumer magazine industry's revenue shrank by 20%+ from 2016 to 2021, largely due to print ad declines; the decline is expected to continue but lessen — The U.S. consumer magazine industry shrunk by more than 30% in the past five years, due largely to print advertising declines, per PwC data.

Discussion: What's New in Publishing and @sarafischer

Associated Press:

NBC's decision to spend $7.75B on Olympics rights through 2032 looks shaky after Beijing, a buzz-free, hermetically sealed event, saw viewers staying away — NEW YORK (AP) — There were many reasons to think NBC made a savvy business deal in 2014 when it locked up the American media rights …

Helen Davidson / The Guardian:
Foreign Correspondents' Club of China criticizes reporting conditions at the Winter Olympics, saying reporters were tailed and manhandled despite IOC assurances

Discussion: @sfthq, @sharrond62, @johnsimpsonnews, @glynmoody and The Hill

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More News:

Kurt Erickson / St. Louis Post-Dispatch:
Missouri police say a flaw in a state education webpage had gone undetected since 2011, after MO's governor attempted to prosecute a reporter for being a hacker

Discussion: Ars Technica, VICE, Slashdot, Krebs on Security, @fpwellman and @robpegoraro

Ben Terris / Washington Post:
An update on some of the amateur sleuths, including Claude Taylor and Louise Mensch, who built large social media followings with unfounded claims about Trump

Discussion: @bterris, @karolcummins, @isaacdovere, @sjdemas, @saramorrison, @z_everson, @blackamazon, @tomarnold, @washingtonpost, @stphnfwlr, @chrismegerian, @aseitzwald, @devlinbarrett, @qjurecic and @timothypmurphy

Wall Street Journal:
Mexico's president calls reporters “mercenaries” and asks them to reveal their salaries over investigations of his son's use of an oil executive's $1M residence

Brier Dudley / The Seattle Times:
Working paper: private equity firms, which in 2019 owned 23% of US newspapers, reduced local coverage more than other owners but drove more digital subscribers

Discussion: @jayrosen_nyu, @dlboardman, @lenfestinst, @jeffjarvis, @jimfriedlich, @notaaroncraig and @larryryckman

Lauren Harris / Columbia Journalism Review:
How The Marshall Project's Testify, a collaboration with Cleveland news outlets, distribution partners, and residents, reimagines criminal justice coverage

Discussion: @marshallproj

Earlier Picks:

Sarah Perez / TechCrunch:
Meta rolls out Facebook Reels to over 150 countries, following the feature's US launch in September 2021, alongside new creative tools and ad formats

Discussion: Meta, Wall Street Journal, Facebook, The Indian Express, CNET, Ad Age, Protocol, MediaPost and The Verge, more at Techmeme »

Joan E. Solsman / CNET:
Spotify says Car Thing is now on sale in the US for $90, after its April 2021 announcement; in a few weeks, a software update will add Audible support and more

Discussion: The Verge, @cnet, AppleInsider, TechCrunch, CNET News and Music Business Worldwide, more at Techmeme »

Andrew Kersley / Press Gazette:
BBC journalists Emily Maitlis and Jon Sopel leave and join Global to launch a podcast, host an LBC show, and provide commentary on the radio station's website

Discussion: Variety, @maitlis, Matt on Audio, @pressgazette, @welshgasdoc, @kattykay_, @jake_kanter, @lewis_goodall, @afneil, @maitlis, @dinosofos, @jonsopel, Financial Times, RadioToday, The Guardian, BBC, Global, The Independent and Deadline

Elsa Keslassy / Variety:
Netflix signs a three-year deal to invest 4% of its annual revenue in France, at least €40M, in French and European films that will premiere in French theaters

Discussion: Hollywood Reporter, The Wrap and Advanced Television

Katie Robertson / New York Times:
Polk Awards: The Washington Post, The New York Times, and The New Yorker win two awards each; WSJ's Facebook Files wins the business reporting prize

From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region

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