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6:20 PM ET, January 20, 2021

Mediagazer

 Top News: 
Zoë Bernard / The Information:
Sources: Andreessen Horowitz to launch an opinion section on its website that will publish articles related to technology and business from outside contributors  —  Silicon Valley investment firm Andreessen Horowitz, which once courted attention from the news media, is ramping up its own media efforts.
RELATED:
Eric Newcomer / Newcomer:
A look at a16z's communication efforts over the years, as the firm expands its own media operations and has largely stopped cooperating with reporters
Dan De Luce / NBC News:
Michael Pack, the head of USAGM who oversaw VOA and the Open Technology Fund, has resigned at the request of the Biden administration  —  WASHINGTON — The Trump appointee overseeing the Voice of America and other U.S.-funded broadcasters resigned on Wednesday at the request of the Biden administration …
RELATED:
Paul Farhi / Washington Post:
Whistleblower complaint accuses Michael Pack of spending $2M on a law firm to compile personnel dossiers on USAGM managers he had targeted for removal  —  The head of Voice of America's parent agency hired a law firm at a rate of about $500 an hour and spent $2 million in taxpayer funds …
Brian Steinberg / Variety:
Fox News is laying off some digital staff, including Chris Stirewalt, per source, a politics editor who oversaw the team that projected Arizona for Biden  —  Fox News is laying off some employees who work for its digital operations, part of an ongoing examination of its overall business …
Lauren Feiner / CNBC:
Netflix reports Q4 revenue of $6.64B vs. $6.63B est., up 21.5% YoY, and global streaming paid memberships of 203.7M, up 8.5M vs. 6.5M est.; stock up 16%+  —  - Netflix reported fourth quarter 2020 earnings Tuesday that beat analyst expectations on revenue and net subscriber additions but fell below EPS estimates.
RELATED:
Trilby Beresford / Hollywood Reporter:
Vogue will release a limited-edition cover featuring Kamala Harris in formal attire, following backlash over its February magazine cover  —  This decision follows backlash earlier this month over a February magazine cover that showed Harris in casual clothes and Converse sneakers.
Jacob Shamsian / Business Insider:
Pro-Trump media outlet OAN has scrubbed stories about voting machine companies from its website without explanation, after the companies hired libel lawyers  —  - Far-right media outlet One America News has removed articles about Dominion without telling anyone.
Discussion: @mattpoyner
Dade Hayes / Deadline:
Tubi, the free, ad-supported streaming service owned by Fox, says total viewing hit 2.5B hours in 2020, up 58% YoY, and half of its 33M MAUs are younger than 35  —  Fox-owned streaming service Tubi said total viewing hit 2.5 billion hours in 2020, up 58% from 2019.
Discussion: Ad Age
Wayne Friedman / MediaPost:
Kantar: HBO Max took 19.2% of new streaming subs in Q4, followed by Prime Video at 18.2%, with 41% of new HBO Max subs citing specific content as sign up reason  —  In the last three months of 2020, HBO Max and Amazon Prime Video pulled in the highest number of new streaming subscription video-on-demand …
Discussion: The Streamable
 
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 More News: 
Anthony Ha / TechCrunch:
Adthena, an AI-driven search marketing intelligence platform, has acquired Kantar's paid search business; financial terms of the deal were not disclosed
Discussion: MediaPost
Meagan Simpson / BetaKit:
South Korean search engine company Naver Corp. has acquired online self-publishing platform Wattpad for an estimated ~$600M
 Earlier Picks: 
Sara Fischer / Axios:
Forbes will launch a newsletter service, initially hiring 20-30 journalists to start paid newsletters, splitting revenue 50/50 and giving salaries and benefits
Cynthia Littleton / Variety:
ViacomCBS says it will launch Paramount+, its expanded rebrand of CBS All Access, on March 4 in the US and Latin America
Kerry Flynn / CNN:
Newsrooms are distributing protective equipment, like body armor and gas masks, and holding safety trainings to prepare reporters for Inauguration Day
 

 
From Techmeme:

Bloomberg:
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial

Sean Michael Kerner / VentureBeat:
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B

Mariella Moon / Engadget:
X says Likes are now private for everyone, meaning users are no longer able to see who liked someone else's post

 
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