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5:50 PM ET, February 6, 2024

Mediagazer

 Top News: 
Wall Street Journal:
Fox, ESPN, and WBD announce a new joint venture to launch a streaming sports service in the US in the fall of 2024; each entity will own a third of the JV  —  The service will be available to ESPN+, Hulu and Max subscribers.
Todd Spangler / Variety:
YouTube says YouTube TV now has 8M+ subscribers, up from 5M+ in mid-2022, and that the YouTube Partner Program has 3M+ channels receiving ad revenue share  —  CEO Neal Mohan also says more than 3 million channels now receive ad-revenue share, touts 1 billion hours viewed on TV daily
RELATED:
Dave Lawler / Axios:
Former Fox host Tucker Carlson says he has traveled to Moscow to interview Vladimir Putin and will air the interview “unedited” on his website and on X  —  Former Fox News host Tucker Carlson said in a video posted to X on Tuesday that he is in Moscow to interview Russian President Vladimir Putin.
Ashley Carman / Bloomberg:
Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024  —  - Spotify posts second-largest gain ever for the quarter  — Company has been cutting costs in drive to become profitable
RELATED:
Washington Post:
The Atlantic cuts ties with prominent contributor Yascha Mounk after writer Celeste Marcus accused him of rape; Mounk calls the claims “categorically untrue”  —  The Atlantic magazine has cut ties with writer Yascha Mounk, one of its prominent contributors, after a woman accused him of rape …
Winston Cho / The Hollywood Reporter:
Gina Carano, who was fired from The Mandalorian after controversial social media posts, sues Disney and Lucasfilm for wrongful termination in a suit funded by X  —  The actress claims the entertainment giant discriminated against her for voicing right-wing opinions on hot-button issues.
Jonathan Vanian / CNBC:
Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 30%+ after hours  —  - Snap said fourth-quarter revenue rose about 5%, while the company's net loss narrowed 14% from a year earlier.
Melanie Goodfellow / Deadline:
Dubai-based Camb.ai, which makes a translation tool that “instantaneously” dubs speech in 100+ languages and was used at the Australian Open, raised a $4M seed  —  Dubbing Platform Camb.ai, which has recently been used for coverage of the 2024 Australian Open tennis tournament …
Ted Johnson / Deadline:
Linda Wertheimer, an NPR “founding mother” who joined the outlet at its 1971 launch and directed and hosted All Things Considered, is retiring after 53 years  —  Linda Wertheimer, one of the “founding mothers” of National Public Radio, said today that she is retiring.
Sara Fischer / Axios:
Substack is running a pilot program to help creators on the platform sell ads; a writer says Substack contracted an outside team to approach advertisers  —  Substack is experimenting with a new pilot program that helps creators on its platform find advertisers and coordinate ad buys, Axios has learned.
 
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 More News: 
Alex Ritman / Variety:
Arthouse streamer Mubi acquires a majority stake in leading Benelux indie distributor Cinéart, marking the first acquisition of a distributor by Mubi
Discussion: Hollywood Reporter
Mike Isaac / New York Times:
Meta proposes standards to identify AI content that its industry peers could use, and plans to label AI images posted on Facebook, Instagram, and Threads
Amy Or / Bloomberg:
Sources: Reddit had over $800M in revenue in 2023, up 20%+ YoY, and was not profitable for the full year; a source says Reddit was profitable in Q4
Discussion: The Information
Will Fischer / Nieman Lab:
Q&A with Javonte Anderson, editor of Capital B Gary, a Black-focused nonprofit news outlet, on working with locals, shaping coverage via user surveys, and more
 Earlier Picks: 
Jonathan Stempel / Reuters:
A US judge finds WBD didn't overstate HBO Max streaming subscriber numbers prior to its 2022 merger and dismisses a proposed class action lawsuit from investors
Selome Hailu / Variety:
Nielsen: the 66th annual Grammys hit an average 16.9M viewers, up 34% YoY, across CBS, Paramount+, CBS.com, and the CBS app; Paramount+ streams were up 173% YoY
 

 
From Techmeme:

Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones

Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday

Ming-Chi Kuo:
Kuo: Apple plans to upgrade the high-end iPhone 18's wide-angle lens in 2026 to a variable aperture camera; Sunny Optical will be the primary shutter supplier
 
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