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12:55 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  —  Benedict Evans, Andreessen Horowitz's former in-house analyst, has mused over the years that “A16Z is a media company that monetizes through VC.”
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 12%+  —  - 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.
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.
Alex Barker / Financial Times:
BBC launched an effort to examine how to cut a fifth of its output, as a National Audit Office report shows how income is under pressure and costs are rising  —  National Audit Office report shows how income is under pressure, costs are rising and competition growing
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 …
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: 
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:

Kif Leswing / CNBC:
In an interview, Mark Zuckerberg discusses AR/VR and says that by 2030, he expects people with smart glasses to “teleport” to locations for in-person meetings

Igor Bonifacic / Engadget:
Apple releases iOS 14.4.1 and macOS 11.2.3 to address a WebKit flaw that could allow hackers to run arbitrary code on devices via malicious web content

Michael McSweeney / The Block:
Ripple says its partnership with MoneyGram has ended; MoneyGram suspended its use of Ripple's platform in February amid SEC's lawsuit against Ripple
 
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