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1:20 PM ET, February 11, 2020

Mediagazer

 Top News: 
Joshua Benton / Nieman Lab:
WaPo's digital subscriber growth doesn't seem to be making expected gains on NYT despite a mass-oriented strategy, and WaPo hasn't posted the numbers since 2018  —  But will the Journal and The Washington Post be able to catch up to the market leader going forward?  Or is the Times preparing to lap the field?
Lucas Shaw / Bloomberg:
Source: Spotify is paying close to $200M upfront for the Ringer, to be followed by more than $50M later  —  - Streamer has spent more than $600 million on podcast deals  — Sports columnist Bill Simmons founded the Ringer in 2016  —  Spotify Technology SA is paying close …
RELATED:
Sara Fischer / Axios:   Sources: podcast subscription service Luminary is expanding to New Zealand, Ireland, and South Africa
Georg Szalai / Hollywood Reporter:
Sirius XM invests $75M in SoundCloud in exchange for a minority stake and two seats on the board  —  The audio entertainment giant puts money into the open audio platform.  —  Audio entertainment giant SiriusXM Holdings said Tuesday it has invested $75 million in open audio platform SoundCloud …
Jim Waterson / The Guardian:
Sources close to Elisabeth Murdoch say she has no interest in the job of BBC director and is focused on launching a production company  —  Sources say Rupert's daughter not interested in job, after press reports made her the favourite  —  Elisabeth Murdoch has made clear she has no interest …
RELATED:
Adam Sherwin / inews:
Sources: the BBC is almost certain to appoint its first female Director-General, with Elisabeth Murdoch and ITV CEO Carolyn McCall as two top contenders
Liam Knox / NBC News:
Black News Channel, a 24/7 cable channel featuring black anchors and co-founded by former Republican congressman J.C. Watts, launches in select US markets  —  The Black News Channel, founded by a former Republican congressman, will try to win the growing Black cable news audience.
Sara Fischer / Axios:
YouTube is funding TYT Academy, a Young Turks online course focused on the creation of digital-first local news; sources: investment is in the mid-six-figures  —  The Young Turks (TYT), one of the largest progressive digital publishers on YouTube, is receiving funding from Google-owned YouTube …
Tony Maglio / The Wrap:
The 2020 Oscars drew 23.6M viewers, an all-time low and down 20% YoY; the 2018 Oscars held the previous all-time low of 26.5M viewers  —  Audience for 92nd Academy Awards declines 20%  —  The 2020 Oscars drew 23.6 million viewers on ABC, down a whopping 6 million viewers — or -20% from last year.
RELATED:
Anthony Ha / TechCrunch:
Netflix won only two Oscars despite 24 nominations: Best Supporting Actress for Laura Dern and Best Documentary Feature for American Factory from Obamas' studio
Freddy Mayhew / Press Association:
UK-based PA Media Group buys stock image company Alamy for an undisclosed sum  —  PA Media Group, which owns the PA news agency, has bought leading stock images company Alamy for an undisclosed amount.  —  Alamy was founded 20 years ago and boasts almost 200m stock photographs …
Discussion: PR Newswire
NBC News:
Sources: Condé Nast is planning on suspending its Vanity Fair New Establishment Summit this year as the conference is losing money  —  Moving the Market: Deutsche Telekom chief Tim Höttges and T-Mobile chief John Legere are on the verge of winning their long-sought merger of T-Mobile and Sprint …
 
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 More News: 
Adi Robertson / The Verge:
Patreon says creators can now set subscription prices in British pounds and euros, in addition to US dollars, and opens an office in Berlin
Kayleigh Barber / Digiday:
Dennis Publishing is launching The Week Junior in the US in March, four years after its debut in the UK; the magazine is aimed at kids ages 8-14
Adam Satariano / New York Times:
Profile of Ben Nimmo, a founder of Atlantic Council's Digital Forensic Research Lab, who helped pioneer investigations into online disinformation
 Earlier Picks: 
Marc Tracy / New York Times:
Profile of New Hampshire Public Radio's Lauren Chooljian, whose Stranglehold podcast has made her a divisive figure due to its unflattering look at NH's primary
Stars & Stripes:
DOD proposes funding cuts to the military newspaper Stars and Stripes; source: around $7M of “operating and maintenance funds” would be cut, or 35% of expenses
daytondailynews:
Cox Enterprises buys back Dayton Daily News and two other Ohio daily papers from Apollo Global Management, ensuring they can continue 7-day publication
David Streitfeld / New York Times:
After Amazon removes Nazi and neo-Nazi books, some third-party booksellers say it seems to operate under vague or nonexistent rules regarding prohibited books
 

 
From Techmeme:

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time; the stock rose 10%, its biggest one-day jump since July 2015, resulting in a valuation of $2.15T

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure

Kate Kelly / New York Times:
Congress considers legislation to block DJI drones from running on US communication networks, effectively killing the Chinese company's US commercial business

 
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