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3:35 PM ET, February 4, 2020


 Top News: 
Sources: Instagram generated ~$20B in advertising revenue in 2019, making up more than a quarter of Facebook's revenue  —  - Unit brought in about $20 billion in 2019, people familiar say  — Photo-sharing app has gained in importance since 2012 purchase
Lauren Feiner / CNBC:
Alphabet breaks out revenue numbers for YouTube ads for the first time, says they generated $4.7B in Q4 revenue and $15.15B in fiscal 2019, up from $11.16B YoY  —  - Google broke out numbers for YouTube and Cloud for the first time Monday.  — YouTube ads generated $15.15 billion in revenue in 2019 …
Todd Spangler / Variety:
Sundar Pichai says YouTube Music and YouTube Premium together have more than 20M paying subscribers, and YouTube TV has more than 2M subscribers in the US
David McCabe / New York Times:
Disney, MPAA, News Media Alliance are among those lobbying to limit Section 230, citing copyright concerns, threatening Google, FB, and the web as we know it  —  A motley group of powerful companies have their knives out for Section 230, which shields platforms from lawsuits over content posted by users.
Sara Fischer / Axios:
Dotdash acquires two more digital publishers, TreeHugger and Mother Nature Network, to create a sustainability vertical in an all-cash deal  —  Dotdash, the IAC-owned digital publishing company that grew from, has acquired two new digital publishers, TreeHugger and Mother Nature Network …
Wall Street Journal:
Bloomberg's Jennifer Jacobs escorted out of Trump campaign Iowa press event on Monday, after a Dec. campaign pledge to no longer credential Bloomberg reporters  —  President Trump's re-election campaign escorted a Bloomberg News reporter from an event in Iowa, following a pledge no longer …
Jon Allsop / Columbia Journalism Review:
Ahead of today's caucuses in Iowa, there is ample indication that media is repeating all the framing errors that shaped coverage in 2016
Ben Smith / BuzzFeed News:
The numbers from the spiked Des Moines Register poll in Iowa circulated among some journalists, and some of them say the poll quietly influenced their coverage
Richard Smirke / Billboard:
Sony Music partners with Somethin' Else, the UK's largest independent audio and podcast producer, as major labels increasingly invest in the podcast sector  —  The deal is the latest in a growing line of major label and digital platform investments in the podcasting sector.
Brian Stelter / CNN:
Sources: CNN anchors are being excluded from the annual presidential luncheon with TV network anchors, the first time a president has singled out one network  —  New York (CNN Business)President Donald Trump's targeting of CNN is moving to yet another arena: The annual presidential lunch with television network anchors.
Christine Sun Kim / New York Times:
Fox briefly showed the ASL Super Bowl performance of the anthem on TV and cut away from the online feed dedicated to it, making it inaccessible to the Deaf  —  It was an act of both patriotism and protest.  And it brought both joy and frustration.  —  Ms. Kim is an artist and performer.
Dominic Ponsford / Press Gazette:
Downing Street Lobby briefings should be televised, which would free up journalists to pursue other stories since the briefings rarely provide genuine news  —  Yesterday's rare outbreak of solidarity among Lobby journalists was as laudable as Number 10's PR strategy appears to be petulant.
Pippa Crerar /
Journalists from every major UK broadcaster and paper walk out after attempts to remove those from left-of-center publications from a Downing Street briefing
John Ourand / Sports Business Daily:
ESPN the Magazine will publish its first special issue on Friday since it stopped publication in September; it will be dedicated to Kobe Bryant  —  BREAKING NEWS in front of the paywall tonight: we have a report that ESPN will drop a special 96-page magazine on Friday dedicated to Kobe Bryant …
Katie Notopoulos / BuzzFeed News:
Cards Against Humanity has purchased ClickHole from G/O Media for an undisclosed cash sum; ClickHole employees will become the majority owners of the site  —  Cards Against Humanity, the card game company, purchased from its owners at G/O Media on Monday for an undisclosed amount …
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 More News: 
Charlotte Tobitt / Press Gazette:
How Bristol Cable's co-operative membership model, where users pay as much or as little as they can, helped it persist with a long-running slavery investigation
Meg James / Los Angeles Times:
A look at DirecTV's problems as AT&T increasingly treats the once best-in-class pay TV service, which lost nearly 3M subscribers in 2019, like a relic
 Earlier Picks: 
Matt Donnelly / Variety:
HBO Max acquires “On the Record”, the documentary about a Russell Simmons accuser that Oprah pulled from Apple TV+
Discussion: Broadcasting & Cable and The Wrap
Mia Galuppo / Hollywood Reporter:
Sources: Disney paid $75M for global rights to the Hamilton film, a stage performance by the original cast captured in 2016 and set to be released in fall 2021
Tribune Publishing says its CEO Timothy Knight is leaving and will be succeeded by EVP and CFO Terry Jimenez, who will also become its President
Cat Zakrzewski / Washington Post:
YouTube shows how it's cracking down on election disinformation: removing doctored and misleading videos, as well as those questioning a candidate's eligibility