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7:25 PM ET, January 24, 2025

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 Top News: 
Charles Kaiser / Columbia Journalism Review:
An interview with Paul Krugman on leaving the NYT in 2024 after his newsletter was killed and editing of his column “became extremely intrusive”, Substack, more  —  The paper wanted to take away his newsletter or make him write less frequently, he says.
Jorge Mercado / Pacific Coast Business Times:
How the assets of the Santa Barbara News Press, which closed after bankruptcy in 2023, ended up with nonprofit NEWSWELL, as the nonprofit plans a relaunch  —  It has been a year and a half since the Santa Barbara News Press, the former longest running daily newspaper in Southern California …
Patrick Coffee / Wall Street Journal:
Nielsen plans to stop selling its TV ratings product that solely uses consumer panels in Q4 2025, moving to a tool combining panels with smart-TV data and more  —  The dominant ratings provider hopes to fend off competitors by pivoting to a bundle that combines its consumer panels with data …
Katie Deighton / Wall Street Journal:
ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024  —  Tech firms that speed up and automate brands' partnerships with social-media influencers are becoming hot commodities as advertisers scramble to reach consumers online
Lauren Forristal / TechCrunch:
Flip, which lets shoppers share video reviews and earn cash based on engagement, launches a creator fund that grants up to $100M of equity over 5+ years  —  Flip is a social commerce app that lets shoppers become creators.  They can share honest reviews and earn cash based on engagement on the platform.
Kerry Flynn / Axios:
Sources: Blackstone-backed IDG nears a deal to sell Foundry, which runs outlets like PCWorld and Macworld, to private equity firm Regent  —  The sources wished to remain anonymous because the deal is not yet public.  — Terms of the agreement could not be determined.
Ivan Mehta / TechCrunch:
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content”  —  Meta's X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan.
Melanie Goodfellow / Deadline:
Apple TV+ signs a four-year agreement with French audiovisual groups, investing 20% of its net annual France turnover in European and French content  —  The accord, which does not cover cinema, will see the platform adhere to obligations set out in France's 2021 SMAD decree governing investment quotas …
Sarah Perez / TechCrunch:
Similarweb: RedNote's DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban  —  In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered …
more at Techmeme »
Adweek:
Newsweek generated $90M in revenue at a profit margin of 20% in 2024, up from $20M revenue in 2018; digital advertising made up 63% of revenue in 2024  —  The publisher has shaken off its legal woes and super-sized its reach  —  The general interest publisher Newsweek …
Matthew Keys / The Desk:
Source: Allen Media Group reverses some of its plans to lay off 100+ local TV meteorologists and outsource regional weather forecasts to its Atlanta facilities  —  Allen Media Group has reversed some of its plans to lay off more than 100 local television meteorologists and outsource regional weather forecasts …
 
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 More News: 
Charlotte Klein / New York Magazine:
David Remnick, editor of The New Yorker for over a quarter of a century, remains at work amid speculation over his potential successor as the magazine turns 100
 Earlier Picks: 
Hannah Miller / Bloomberg:
Filing: Disney CEO Bob Iger's total pay rose by 30% YoY in FY 2024 to $41.1M, primarily as bigger stock and option awards and a bonus
Robert Channick / Yahoo Finance:
Chicago Public Media offers buyouts to Chicago Sun-Times journalists and WBEZ business staff; CEO Melissa Bell is aiming to shave $3M-$5M from the annual budget
Sara Fischer / Axios:
Mark Thompson says CNN aims to reach $1B in digital revenue by 2030; memo details $70M to be invested in digital plans, a modernized ad sales approach, and more
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Kurt Wagner / Bloomberg:
Sources: Meta is considering deep budget cuts to its metaverse efforts in 2026, potentially as high as 30% and most likely including layoffs as early as January

Will Oremus / Washington Post:
Two studies suggest AI chatbots can shift political views more effectively than TV campaign ads, especially by presenting many claims, regardless of accuracy
 
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