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2:55 PM ET, February 29, 2024

Mediagazer

 Top News: 
Charlotte Klein / Vanity Fair:
Sources: NYT managers launched a leak probe after The Intercept revealed internal debate over a yet-to-air episode of The Daily about Hamas and sexual violence  —  Management has questioned staffers, including Daily producers, after The Intercept revealed internal debate over a yet-to-air episode on Hamas weaponizing sexual violence.
RELATED:
The Intercept:
A controversial NYT report claiming Hamas weaponized sexual violence on Oct. 7 relied heavily on an ex-Israeli intelligence officer with no reporting experience  —  American Media Keep Citing Zaka — Though Its October 7 Atrocity Stories Are Discredited in Israel
Alyssa Boyle / AdExchanger:
Vibe.co, a self-serve platform that lets SMBs buy video ads on streamers, raised a $22.5M Series A led by Singular, bringing its total funding to around $30M  —  Small and midsize businesses (SMBs) want to capitalize on the rise in streaming consumption but lack the budgets for upfront commitments.
Associated Press:
Russia detains Novaya Gazeta EIC Sergei Sokolov for allegedly discrediting Russian army; he became EIC in 2023 after Dmitry Muratov was named a “foreign agent”  —  The editor-in-chief of the renowned Russian independent newspaper Novaya Gazeta was detained in Moscow on Thursday …
Anto Antony / Bloomberg:
Sources: Sony made multiple filings in India to pull out a pact to merge its India operations with Zee Entertainment  —  - Japanese firm has informed an Indian company court: sources  — Puts an end to the 2021 pact while rivals bulk up in India … The Japanese entertainment firm …
Discussion: Reuters
David Streitfeld / New York Times:
How newspaper leaders tried and failed to see how tech would change the business of journalism, framed by the career of digital newspaper pioneer Roger Fidler  —  Roger Fidler tried his best, but the excellent business of journalism is gone for good.  Can the idea of “news” survive in a digital world?
Dade Hayes / Deadline:
Paramount CFO Naveen Chopra says the company expects to take about a $1B charge in Q1 due to ongoing programming shifts and previously announced layoffs  —  Paramount Global expects to take a $1 billion charge in the current quarter due to ongoing programming shifts and the layoffs it announced earlier this month.
RELATED:
Laya Neelakandan / CNBC:
Paramount reports Q4 revenue of $7.64B vs. $7.85B est., and profit of $514M, up from $21M the year prior; Paramount+ reached 67.5M global subscribers, up 4.1M
Joshua Benton / Nieman Lab:
An analysis of educational backgrounds of 460 NYT newsroom staff members shows the Ivy League is over-represented; about 75% of staffers are not Ivy Leaguers  —  They're not a majority, based on a new look at education data, but they are wildly overrepresented.
 
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 More News: 
Manish Singh / TechCrunch:
Analysts: Reliance-Disney India media merger will create an entity that captures 85% of India's on-demand streaming service audience and ~50% of the TV viewers
 Earlier Picks: 
Yiwen Lu / New York Times:
Raw Story, AlterNet, and, in a separate case, The Intercept sue OpenAI in a NY federal court for copyright infringement; The Intercept is also suing Microsoft