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Facebook says it will invest $300M over the next three years to support local news in the US, and expand the Local News Subscriptions Accelerator globally — Last year, we worked to better understand what kind of news people want to see on Facebook. We've also asked our partners …
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A breakdown of Facebook's $300M contribution to journalism: $16M to orgs including the Pulitzer Centre, $20M to expand subscription pilot globally, more — The internet giants make billions from ads. They want news publishers to sell subscriptions instead.
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Nieman Lab, @howelloneill, @mathewi and @niemanlab

Memo: NBC News standards department tells staffers not to directly call Rep. Steve King's comments about white supremacy “racist” — “It is ok to attribute to others as in ‘what many are calling racist,’” an email from the standards department reads in part.
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After 15 years, Adam Moss will step down as editor of New York Magazine in March; his successor is expected to be named in the next few days — Adam Moss, whose visual savvy and ear for the zeitgeist made him one of the leading magazine editors of his generation, said on Tuesday that he would step …
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Inside the Washington Post, Jeff and MacKenzie Bezos' divorce is the first test case for the paper regarding how they cover their owner — The Post journalists I spoke with, perhaps high-mindedly, acknowledged that tabloid-style extramarital affairs aren't typically in their wheelhouse.
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@realdonaldtrump, @joshmankiewicz, Mediaite, Variety and GeekWire

NBCU CEO Steve Burke defends NBC News Chief Andy Lack, says it was his decision to hire Megyn Kelly and says Lauer was a “grenade we didn't know was a grenade” — The Megyn Kelly debacle at NBC News has raised the question of whether NBC News chief Andy Lack will face repercussions for the costly experiment.
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Sources: Gannett is one of a few bidders left in Gizmodo Media auction; others who expressed interest include Bustle's Bryan Goldberg and a private equity firm — Gannett suitor MNG Enterprises urged USA Today owner to pause digital acquisitions — Gannett Inc. has been pursuing a purchase …
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@petersterne and @daviduberti
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A look at the decline of Gannett over the past decade, its duty to maximize shareholder value, and possible paths forward as it considers MNG Enterprises' offer
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Cara Lombardo / Wall Street Journal:
MNG Enterprises, better known as Digital First Media, has built a 7.5% stake in Gannett and has offered $12/share, a 23% premium over Friday's closing price
MNG Enterprises, better known as Digital First Media, has built a 7.5% stake in Gannett and has offered $12/share, a 23% premium over Friday's closing price
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Netflix raises prices for US subscribers by 13%-18%, its biggest hike ever, immediately affecting new subscribers, over next three months for existing customers — SAN FRANCISCO (AP) — Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

In confirmation hearing, US AG nominee William Barr says he could “conceive of situations where, as a last resort”, reporters may be jailed for doing their jobs — When Sen. Amy Klobuchar asked about it, he didn't shut down the option outright.
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US Sec of State Mike Pompeo said he told Saudi Arabia's King and Crown Prince that they must hold Khashoggi's killers accountable, described Saudis as “friends” — RIYADH, Saudi Arabia (AP) — U.S. Secretary of State Mike Pompeo said he told the king and crown prince of Saudi Arabia …

Former Ohio governor and GOP presidential candidate John Kasich joins CNN as a senior political commentator — (CNN)John Kasich's time as Ohio governor just came to an end. And his time as a CNN commentator just began. — On Tuesday morning CNN announced that Kasich is the newest addition to the network's stable of commentators.
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The Financial Times says its FT Secondary Schools program, which lifts the paywall for participants and was rolled out in 2017, now serves 2.3K schools globally — For subscriptions publishers like the Financial Times, cultivating regular reading habits with younger generations is essential to securing future paid customers.
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Financial Times

Reporter Meaghan Mackey was attacked in Chico, California, on Monday while doing a Facebook Live broadcast from the scene of a mass overdose — A reporter for a Redding news station was attacked during a live broadcast while reporting from the site of several apparent fentanyl overdoses in Chico, California, on Saturday.
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New York Post
Jon Allsop / Columbia Journalism Review:
In France, so-called “Yellow Vests” protesters are verbally and physically assaulting journalists and threatened to rape one female reporter — In late November, as the Gilets Jaunes—or Yellow Vests—protest movement took hold in France, Martin Goillandeau and Makana Eyre wrote …