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12:20 PM ET, December 2, 2020

Mediagazer

 Top News: 
J. Clara Chan / The Wrap:
After Project Veritas founder James O'Keefe called in to a morning CNN editorial call with Jeff Zucker, CNN says it has referred the incident to law enforcement  —  CNN said it is involving “law enforcement” after James O'Keefe, the founder of the right-wing group Project Veritas …
Sarah Perez / TechCrunch:
YouTube upgrades Premieres, which gives scheduled videos a landing page, with trailers, themes, and live stream pre-shows that later redirect to the main event  —  YouTube today is launching three new features designed to improve its “Premieres” experience, including trailers, themes …
Suzanne Vranica / Wall Street Journal:
GroupM expects marketers to spend $110.1B on digital ads in the US this year, accounting for more than half of the year's total ad spend for the first time  —  Digital ads to account for more than half of year's U.S. advertising expenditures for first time  —  For the first time …
Matthew Cunningham-Cook / The Intercept:
The Intercept publishes a statement of principles for its freelancers, facilitated by the Freelance Solidarity Project of the National Writers Union  —  The Intercept is committed to producing journalism that exposes abuses of power and treating all who contribute to the news outlet with fairness and respect.
Ashley Carman / The Verge:
Spotify says Anchor powered 80% of its new podcasts, or 1M+ shows, in 2020; overall, Anchor powers 70% of Spotify's total podcast catalog of over 1.9M shows  —  Anchor powered more than 1 million show launches in 2020  —  Spotify's $100 million-plus Anchor acquisition is seemingly paying off.
Anthony Ha / TechCrunch:
Google says News Showcase will soon add free access to select paywalled articles, and it has doubled publisher partners to ~400 since its launch in October  —  Google News Showcase visitors will soon be able to read select paywalled articles at no extra charge.
Discussion: 9to5Google and The Keyword
Benjamin Mullin / Wall Street Journal:
Hodinkee, a site featuring news and reviews about watches, raises $40M from LVMH Luxury Ventures, TCG, Tom Brady, and others, source says at a $100M+ valuation  —  As Tom Brady, LVMH Luxury Ventures and TCG step in, Hodinkee founder Benjamin Clymer will cede CEO duties after more than a decade at the center of the watch world
Shirley Zhao / Bloomberg:
Netflix is planning to double spending on original content in Asia in 2021 to stay ahead of Disney+, Amazon Prime Video, and regional challengers Viu and WeTV  —  - U.S. giant facing stiff competition in crowded Asian market  — Streaming companies luring Asian viewers with cheap packages
Discussion: CNBC
Tony Romm / Washington Post:
Trump threatened in a tweet on Tuesday to veto the annual defense bill, authorizing nearly $1T in military spending, unless Congress repeals Section 230  —  President Trump on Tuesday threatened to veto an annual defense bill authorizing nearly $1 trillion in military spending unless Congress opens …
Etan Vlessing / Hollywood Reporter:
WarnerMedia names Jennifer Biry as CFO, replacing Pascal Desroches, who will be moving into the role of CFO at AT&T  —  She succeeds Pascal Desroches at the Hollywood conglomerate as it focuses more on its HBO Max streaming service.  —  Jennifer Biry has been named as the new chief financial officer for WarnerMedia.
Discussion: The Wrap, Variety and WORLD SCREEN
Amanda Meade / The Guardian:
ABC accuses Morrison government of using News Corp to attack its journalism after the Australian received government questions for ABC before it received them  —  Government tactics criticised after the Australian newspaper briefed about a series of Coalition questions meant for the ABC before the broadcaster even received them
 
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 More News: 
Ruth Margalit / Columbia Journalism Review:
The scattering and shrinking of physical newsrooms due to COVID-19 diminished serendipity and collaboration, but increased opportunity for diverse staffs
Charlotte Tobitt / Press Gazette:
Hearst exec says UK subscriptions rose 233% YoY in March as readers made use of subscription trials; after abandoning them in April, orders still rose 100% YoY
 Earlier Picks: 
Sean O'Neill / Skift:
Red Ventures, which owns CNET and travel advice site The Points Guy, has acquired travel media company Lonely Planet from NC2 Media
The New York Times Company:
NYT says it has raised $4M for Headway, a three-year journalistic venture, which will aim to produce 10-12 deeply researched, data-rich projects per year
Amanda Carpenter / The Bulwark:
Fox News primetime lineup and its fringy lower-tier knockoffs have become the actual leaders of the GOP, setting the party agenda and acting as its “war room”
Jim Waterson / The Guardian:
Facebook to launch its dedicated News tab in the UK in Jan., says it will pay outlets for content selected by Facebook staff; most big UK outlets have signed up
Newmark J-School:
CUNY's Black Media Initiative launches a new map and directory tracking nearly 300 Black media outlets, including newspapers and digital outlets, across the US
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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