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9:45 AM ET, February 21, 2024

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 Top News: 
Cat Zakrzewski / Washington Post:
FTC letter: Twitter did not violate an order restricting its data practices, as staff prevented the “Twitter Files” writers from directly accessing its systems  —  After investigating his handling of the ‘Twitter Files’ for more than a year, the agency found no evidence the company violated consent order
HouseFresh:
How some big publishers are inundating the web with subpar product recommendations without testing the products, and how Google is helping them through inaction  —  And why you shouldn't trust product recommendations from big media publishers ranking at the top of Google
Rebecca Rubin / Variety:
Sony Pictures Entertainment strikes a deal to manufacture, distribute, and market Disney's DVD, Blu-ray discs, and other physical media in the US and Canada  —  Disney is outsourcing a big piece of its home entertainment division to Sony Pictures Entertainment, which will manufacture …
Reuters:
Indonesia issues a regulation requiring digital platforms, including Facebook and Google, to pay media outlets that provide them with content  —  Indonesian President Joko Widodo said on Tuesday he had signed a regulation requiring digital platforms to pay media outlets that provide them with content …
CNBC:
Lawsuit document: FuboTV sues Disney, Fox, and WBD over their planned joint venture in sports streaming, citing “extreme suppression of competition”  —  - FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced sports streaming joint venture, according to a copy of the lawsuit obtained by CNBC.
Will Sommer / Washington Post:
Five alleged neo-Nazis held flares and made “sieg heil” gestures outside the NC home of Raw Story reporter Jordan Green, who was investigating extremist groups  —  The chilling visit to Raw Story reporter Jordan Green's home represents an increasingly common tactic by extremist groups
Lachlan Cartwright / The Hollywood Reporter:
Q&A with Jeff Zucker about RedBird IMI's approach to news investments, backlash from The Telegraph journalists, lessons from The Messenger launch, and more  —  Two years after his ouster from the network, the mogul explains why his investment firm RedBird IMI is snapping up media properties at a frantic clip.
Amelia Pollard / Bloomberg:
Filing: a US court gives Audacy, the second-largest radio broadcaster in the US, approval to exit bankruptcy, slashing ~$1.7B of its debt in a restructuring  —  - Soros Fund Management slated to own largest stake in company  — Firm to slash $1.7 billion of debt through restructuring plan
Patrick Brzeski / The Hollywood Reporter:
Q&A with Disney President of Asia-Pacific Luke Kang on the Asian entertainment business, evolving Disney's streaming strategy, growing Disney+, ads, and more  —  Luke Kang shares how the media giant has come to its streaming strategy for the region and his current views on major content markets like China, South Korea and Japan.
Max Tani / Semafor:
The Guardian US says progressive pundit Mehdi Hasan joins as a regular columnist; the outlet has been staffing up in recent months, adding well-known writers  —  The Scoop  —  The progressive pundit Mehdi Hasan is joining The Guardian following his abrupt departure from MSNBC.
Discussion: Press Gazette and @pressgazette
Filip Timotija / The Hill:
Former CNN anchor and senior political analyst John Avlon files to run in New York's 1st Congressional District, after leaving the network two weeks ago  —  Former CNN Anchor John Avlon filed to run for Congress after leaving the news network two weeks ago.
Discussion: WREG.com and The Daily Beast
Dade Hayes / Deadline:
As YouTube marks one year as Nielsen's top US streaming service, a Q&A with YouTube VPs Nicky Rettke and Tara Levy on the NFL, ad innovation, creators, and more  —  EXCLUSIVE: YouTube has been racking up milestones lately.  Its pay-TV bundle, YouTube TV, just passed 8 million subscribers.
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 More News: 
Brishti Basu / CBC News:
Canada's Local Journalism Initiative, which gave $50M over five years for journalists' salaries, expires March 31, with no word on whether it will be renewed
Nate Ostiller / The Kyiv Independent:
Russia labels RFE/RL an “undesirable organization”, following an earlier decision by Russian tax authorities to begin bankruptcy proceedings against the outlet
Discussion: Voice of America
Bloomberg:
Sources: India's market regulator has found a $241M gap in Zee Entertainment's accounting
Bloomberg:
UMG pays $240M for a 25.8% stake in Chord, a company that owns 60K+ songs, giving UMG an outlet to invest in music catalogs without being the primary owner
 Earlier Picks: 
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised
 
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