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1:15 PM ET, February 6, 2019

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 Top News: 
New York Times Company:
In Q4, The New York Times added 265K digital subscriptions, bringing total number of digital subs to 3.4M but profit decreased to $74.7M from $90.5M a year ago  —  NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE: NYT) announced today fourth-quarter 2018 diluted earnings per share …
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Tom Kludt / CNN:
The New York Times says it wants to reach $800M in digital revenue by the end of 2020 and over 10M subscribers by 2025  —  New York (CNN)The New York Times is betting big on the public's appetite for journalism.  How big?  Ten million subscribers big.  —  The New York Times Company (NYT) …
Peter Kafka / Recode:
Spotify buys Gimlet Media, a podcast producer and network, sources say for ~$230M, and Anchor, which makes it easier for users to record and distribute podcasts  —  Daniel Ek says he wants to spend up to $500 million on acquisitions this year.  —  Spotify is a streaming music company that wants to become a podcast company, too.
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Kyle Pope / Columbia Journalism Review:
Craig Newmark donates $10M to Columbia Journalism School to launch new ethics center and $5M to Poynter to create separate ethics and leadership center  —  For many of the past few decades, the rules around journalism ethics have been largely settled.  We know the appropriate ways to treat sources …
Dade Hayes / Deadline:
21st Century Fox reported strong overall Q2 earnings, but its Television unit had a $22M loss, yet had 19% growth in ad, affiliate, and content sales  —  Continuing to put up steady results across its TV and film operations, 21st Century Fox posted a dip in earnings in its fiscal second quarter …
Charlotte Tobitt / Press Gazette:
FT launches Sifted, a new site targeting young European entrepreneurs, running on part subscription and part sponsorship to keep it free for its target audience  —  The Financial Times has backed a news website for the European start-up world, which its founder has said will tap into a …
Discussion: Talking Biz News
Alexis C. Madrigal / The Atlantic:
A dozen Harvard students and faculty reflect on Facebook's early days, how the platform worked, and how it made them feel as its first users  —  On the 15th anniversary of Facebook's launch at Harvard, a dozen students and faculty members reflect on seeing and being the first users of the world's largest social network.
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Josh Constine / TechCrunch:
Sources: Reddit is raising $150M to $300M in a Series D led by Tencent at a $2.7B pre-money valuation  —  Reddit is raising $150 million to $300 million to keep the front page of the Internet running, multiple sources tell TechCrunch.  The forthcoming Series D round is said to be led …
Janko Roettgers / Variety:
Podcast platform Himalaya, which offers mobile apps that let listeners tip creators, raises $100M and aims to add exclusives and paid content to its app  —  San Francisco-based podcasting startup Himalaya has raised $100 million in funding to establish itself as a new force in the podcast distribution space.
Jon Levine / The Wrap:
Leaked audio: Vice news chief Josh Tyrangiel says Vice is nearing a deal with Hulu for a new show, and revenue loss after end of HBO show contributed to layoffs  —  “We now have paper.  We now have pens.  The pens are not on paper," Vice executive Josh Tyrangiel says of the deal
 
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 More News: 
Laura Hazard Owen / Nieman Lab:
A look at Vox's Video Lab membership program, offering subscribers “DVD extras” of Vox videos, monthly Q&As with a producer, and more, starting at $4.99/month
Ellie Hall / BuzzFeed News:
Custom and Borders Protection has apologized after BuzzFeed News deputy news director David Mack was grilled by a CBP agent over the site's Trump coverage
Washington Post:
Competing theories emerge on how National Enquirer obtained intimate texts between Jeff Bezos and Lauren Sanchez, with its ties to Trump figuring prominently
Amanda Darrach / Columbia Journalism Review:
Amid buyouts and possible layoffs, McClatchy's board increased CEO Craig Forman's monthly stipend for travel, housing, and security from $5,000 to $35,000
 Earlier Picks: 
Columbia Journalism Review:
French investigative news site Mediapart faced an attempted raid without a warrant from prosecutors who work for Emmanuel Macron
Owen S. Good / Polygon:
Machinima is now officially closed, two weeks after it went offline, with layoffs of 81 people but a “select number” remaining to work at AT&T's Otter Media
Kim Severson / New York Times:
The LA Times is reviving its standalone print section dedicated to food as part of an expansion that began after beloved food critic Jonathan Gold died in July
Laura Hazard Owen / Nieman Lab:
Researchers at Medill Local News Initiative analyzed 13TB of subscriber data from local papers, found high correlation between regular reading and sub retention