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11:40 AM ET, January 25, 2021

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 Top News: 
Marisa Sarnoff / Mediaite:
NYT reportedly cancels the contract of an editor after her tweets about having “chills” watching Biden's plane land drew criticism, mostly from conservatives  —  The New York Times has reportedly terminated the contract of an editor who tweeted that she had “chills” …
Russell Contreras / Axios:
Ex-CNN exec S. Mitra Kalita and PA radio exec Sara Lomax-Reese launch URL Media, a newsletter seeking to expand local news on Black and brown communities  —  Former CNN executive S. Mitra Kalita and Philadelphia radio executive Sara Lomax-Reese have launched a newsletter seeking to expand local news …
CNN:
Larry King, a long time CNN talk show host, dies at 87  —  (CNN)Larry King, the longtime CNN host who became an icon through his interviews with countless newsmakers and his sartorial sensibilities, has died.  He was 87.  —  His son, Chance, confirmed King's death Saturday morning.
Joe Flint / Wall Street Journal:
NBC's Peacock signs a deal for exclusive streaming rights for WWE Network content in the US from March; source says the deal runs five years and is worth $1B+  —  World Wrestling Entertainment content will move to Peacock starting March 18 in deal worth more than $1 billion
Sara Fischer / Axios:
Content recommendation company Taboola says it has agreed to go public via a SPAC, valuing the company at $2.6B and raising $545M  —  Taboola, the content recommendation company known best for the chum box ads at the bottom of publishers' websites, has agreed to merge with special purpose …
Meg James / Los Angeles Times:
Inside CBS' fraught investigation into allegations of racism and misogyny on the part of CBS Television Stations President Peter Dunn and another senior exec  —  Gripped by scandal in the summer of 2018, CBS came up with a way to contain the crisis.  —  The television giant's board hired …
Robert P. Baird / Columbia Journalism Review:
An in-depth look at Laurene Powell Jobs' Emerson Collective, which a source says has spent $250M on journalism, buying stakes in The Atlantic, Axios, and others  —  With the Emerson Collective, Laurene Powell Jobs is becoming a force in American media.  What is she trying to achieve?
Nathan Ingraham / Engadget:
Spotify says it is testing a pilot of audiobooks on the platform, with nine public-domain titles read by well-known names like Hilary Swank  —  Initial titles include ‘Frankenstein,’ ‘Great Expectations’ and ‘Jane Eyre.’  —  Spotify's aggressive move into content beyond music continues today …
Discussion: Hollywood Reporter and The Verge
Jessica Bursztynsky / CNBC:
NBCUniversal and Twitter announce a multi-year global content partnership to bring live, trending content, like sports highlights, to Twitter  —  - Comcast's NBCUniversal and Twitter on Monday announced a multi-year global content partnership.  — The deal is an effort to expand …
Archie Bland / The Guardian:
Emails suggest members of Rolling Stone's influencer network, who pay $2K in fees, can have their content published; Rolling Stone says it labels the content  —  Emails from ‘best-known entertainment media outlet’ invite ‘Culture Council’ to pay for chance to publish on website
Sara Fischer / Axios:
Google details its work on a privacy-conscious cookie substitute, called Federated Learning of Cohorts, claims ~95% effectiveness compared to cookie-based ads  —  Google on Monday said new test results show promising signs that the technology it's hoping will replace cookie-based ad targeting is working.
 
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 More News: 
Financial Times:
Groups that want to buy newspapers away from hedge funds like Alden face a problem: funds are making money and execs like Heath Freeman aren't looking to sell
USAGM:
USAGM's acting CEO replaces the heads of RFE/RL, RFA, and Middle East Broadcasting Networks and three board directors named by Pack days before his resignation
 Earlier Picks: 
Caitlin L. Chandler / Columbia Journalism Review:
In Germany, the publication and court-ordered retraction of articles alleging sexual abuse raise questions about the right to privacy vs. press freedom
Todd Spangler / Variety:
MoffettNathanson survey: 62% of Apple TV+ subscribers were on free offers in Q4 2020, only 30% said they plan to renew at the regular $4.99/month price
Wall Street Journal:
Comcast's NBCUniversal is shutting down its sports cable channel, NBCSN, at the end of the year and moving much of its programming to USA network
Gerry Smith / Bloomberg:
Beyond unhappy customers and claims of censorship, cable providers won't drop networks like Fox News due to FCC statutes, leased access, programming leverage