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10:45 AM ET, February 5, 2020

Mediagazer

 Top News: 
Peter Kafka / Vox:
Spotify will buy The Ringer, the podcast-centric media company run and owned by Bill Simmons, and plans to hire Simmons and his approximately 90 employees  —  The Ringer CEO Bill Simmons in 2015 |  Photo by Mike Windle/Getty Images for Vanity Fair  —  It's the fourth podcast deal Spotify has done in a year.
RELATED:
Ingrid Lunden / TechCrunch:
Spotify reports Q4 results: 271M total MAUs, up 31% YoY, as paying users rise 29% YoY to 124M; overall revenue was $2B, up 24% YoY; stock down 4%+  —  Streaming music now accounts for more than 80% of all music consumption in key markets like the US, and one of the big leaders in the field is reaping some of the rewards.
Wall Street Journal:
Sources: DOJ reached out to more than a dozen publishers, ad agencies, and ad tech rivals of Google as its online ad tools become a focus of antitrust probe  —  Antitrust enforcers have reached out to more than a dozen publishers, ad tech rivals and ad agencies
Emily McCormick / Yahoo Finance:
Disney beats analyst expectations for Q1, reporting $20.86B in Q1 revenue, up 36% YoY, 26.5M subscribers for Disney+, and 30.4M for Hulu, up 33% YoY  —  DIS) posted better than expected results in the company's first report since the launch of its eponymous streaming service.
RELATED:
Sarah Perez / TechCrunch:   Disney says Disney+ will roll out to Western Europe in March and India on March 29 through Hotstar; Disney plans to launch Hulu internationally as soon as 2021
Kaitlan Collins / CNN:
President Trump awarded Rush Limbaugh with the Medal of Freedom during Tuesday's State of the Union  —  Washington (CNN)President Donald Trump awarded the Medal of Freedom to conservative radio personality Rush Limbaugh on Tuesday in an unprecedented move during the State of the Union address.
Bloomberg:
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
Bloomberg:
Sources: Liz Schimel, the head of business for Apple News who oversaw advertiser and publisher relations, steps down; Apple is seeking a replacement  —  - Liz Schimel was Conde Nast executive prior to joining in 2018  — Paid news and magazine service had a sluggish first year
Kayleigh Barber / Digiday:
Verizon Media launches a new, millennial-focused personal finance site called Cashay  —  Verizon Media is launching on Wednesday a new personal finance site for Generation Z and millennials called Cashay.  —  The site will feature a mixture of content, including original stories …
Adam Piore / Columbia Journalism Review:
Profile of RedState owner Salem Media Group, which preaches both Christian morality and Trump through its digital arm Townhall that gets 15M+ monthly uniques  —  The Salem Media empire preaches morality and Donald Trump  —  Even for Washington, so accustomed to political sex scandals, the story of Katie Hill was a bombshell.
 
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 More News: 
Jim Waterson / The Guardian:
UK government launches a public consultation on proposals to stop prosecuting people for non-payment of the license fee
 Earlier Picks: 
Christine Sun Kim / New York Times:
Fox failed to show the full American Sign Language performance of the national anthem at the Super Bowl on TV or online, making it inaccessible for the deaf
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
Freddy Mayhew / Press Gazette:
Jess Brammar named editor-in-chief of HuffPost UK, replacing Jimmy Leach, who held the position for less than a year
Davey Alba / New York Times:
Alphabet's Jigsaw unveils Assembler, a free tool that identifies doctored photos; it is testing it with 12+ news and fact-checking orgs, like Rappler and AFP