Mediagazer: Sinclair says a 2021 cyberattack cost $63M in lost Q4 ad revenue, reports an $89M loss, down from $467M net income in Q4 2020, on $1.47B revenue, down 2% YoY (Jon Lafayette/Next TV)

Jon Lafayette / Next TV:

Sinclair says a 2021 cyberattack cost $63M in lost Q4 ad revenue, reports an $89M loss, down from $467M net income in Q4 2020, on $1.47B revenue, down 2% YoY — Company reports $89 million net loss for fourth quarter — Sinclair Broadcast Group said that the cyber attack the company faced …

Discussion: insideradio.com, Dow Jones Newswires, TV Technology and TVNewsCheck

Alexander Marrow / Reuters:

Russia's communications regulator says media outlets can only publish information from official Russian sources and failing to do so will lead to restrictions — Russian communications regulator Roskomnadzor on Thursday said media outlets must check the veracity of their reports about the situation …

Discussion: @biannagolodryga and @globalfreemedia

Financial Times:

Media Partners Asia: Netflix has just 5.5M subscribers in India, far below its 100M goal from 2016, behind Amazon Prime Video's 16M and Disney+ Hotstar's 50M — Streaming juggernaut wanted 100mn subscribers in the country but has managed just 5.5mn — Back in 2016, when Netflix launched in India …

Discussion: @counternotions, @praval, @harneetsin and @lakshmishaks, more at Techmeme »

Anne Steele / Wall Street Journal:

Sources: BlackRock and Warner Music invest $750M in a fund to buy music catalogs from artists early in their careers and have already spent $300M on 20 catalogs — The companies seek stakes in newer music copyrights in partnership with Influence Media — BlackRock Inc. and Warner Music Group Corp …

Discussion: Fast Company, PR Newswire, Digital Music News, Variety and Music Business Worldwide

Jill Goldsmith / Deadline:

Discovery reports Q4: 22M streaming subscribers, up from 20M in Q3; net income of $38M, down 86% YoY, on $3.2B revenue, up 10% YoY; US ad revenue rose 5% YoY — Discovery said it ended the fourth quarter with 22 million DTC subscribers, up from 20 million for Q3. The bulk of subs are from Discovery+.

Discussion: The Wrap, MediaPost, Digital TV Europe, PR Newswire, The Hollywood Reporter and Variety

Randall Chase / Associated Press:

Delaware's Supreme Court upholds a judge's dismissal of a lawsuit by Candace Owens against Facebook fact-checking media organizations USA Today and Lead Stories — DOVER, Del. (AP) — Delaware's Supreme Court has upheld a judge's dismissal of a lawsuit filed by conservative political …

Discussion: American Press Institute

Larry Edelman / The Boston Globe:

Jonathan Abbott, chief executive of public media outlet GBH, is stepping down after 15 years, during which he grew the newsroom from a dozen journalists to 110 — During his 15 years in the top job, Abbott has guided the public media pioneer's shift to digital platforms, expanded local news, and boosted its endowment by 800 percent.

Discussion: @bostonfdn

Todd Spangler / Variety:

Spotify removes several recently uploaded episodes of The Alex Jones Show, which it banned in 2018, after a media watchdog group discovered the episodes — Spotify appears to have quietly pulled several episodes “The Alex Jones Show,” hosted by the notorious right-wing conspiracy firebrand …

Discussion: Engadget and Media Matters for America

Richard Lawler / The Verge:

Tumblr launches an ad-free tier for $4.99/month or $39.99/year on desktop and in its mobile apps; Tumblr was once opposed to displaying ads, but caved in 2012 — You can fix one of Tumblr's problems, for a fee — Tumblr announced today that users can opt out of ads (on the desktop and in its mobile apps) …

Discussion: TechCrunch, Engadget, Tumblr Staff and @quinnypig, more at Techmeme »

Georg Szalai / Hollywood Reporter:

Dish lost ~273K net pay TV subscribers in Q4, including ~70K Sling TV subscribers; Dish ended 2021 with 8.22M Dish TV subscribers and 2.49M Sling TV subscribers — The company, led by chairman Charlie Ergen and CEO Erik Carlson, lost satellite TV and Sling TV customers.

Discussion: Next TV and Light Reading

Rachel Treisman / NPR:

Study: since May, Facebook labeled only about half the posts promoting 184 climate change denial articles from publishers like Breitbart and Newsmax — Facebook is falling short on its pledge to crack down on climate misinformation, according to a new analysis from a British watchdog group.

Discussion: Input, Climate Monitor, Press Gazette, EXXONKNEWS, Center for Countering …, @reuterslegal, @foe_us, Engadget, Nieman Lab and The Independent

Variety:

Sources: under Skydance's deal with Apple Studios, Apple guarantees Skydance at least two fully financed feature films per year, with budgets of up to ~$125M — Nearly a month after it was announced that Apple had landed a slate of live action films from longtime Paramount Pictures partner Skydance …

Discussion: @mattdonnelly and AppleInsider