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10:20 AM ET, January 20, 2021

Mediagazer

 Top News: 
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 …
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  —  Benedict Evans, Andreessen Horowitz's former in-house analyst, has mused over the years that “A16Z is a media company that monetizes through VC.”
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 12%+  —  - Netflix reported fourth quarter 2020 earnings Tuesday that beat analyst expectations on revenue and net subscriber additions but fell below EPS estimates.
RELATED:
Sarah Perez / TechCrunch:
Netflix says its “Shuffle Play” feature, which lets Netflix's algorithm choose what you watch next, will roll out globally to all users in H1 2021  —  Netflix is always in search of a better way to instantly connect users to something to watch, instead of having them waste …
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  —  Forbes is launching a newsletter platform that will allow journalists to launch their own paid newsletters and split the revenue …
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 …
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.
Sara Fischer / Axios:
FOIA Project: in the last four years, the media filed 386 federal FOIA suits, more than during the Bush and Obama admins combined; BuzzFeed News led in filings  —  More Freedom of Information Act (FOIA) requests were filed during the past four years than at any time in American history …
Discussion: @hannahgreports
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  —  Adthena is expanding its partnership with market research company Kantar by acquiring Kantar's paid search business.
Discussion: MediaPost
 
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 More News: 
Meagan Simpson / BetaKit:
South Korean search engine company Naver Corp. has acquired online self-publishing platform Wattpad for an estimated ~$600M
Ryan Faughnder / Los Angeles Times:
Deloitte survey in October found 46% of 1,100 people canceled at least one streaming service in the last year, up from 20% in a similar survey 9 months earlier
 Earlier Picks: 
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