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2:30 PM ET, February 5, 2021

Mediagazer

 Top News: 
Tim Cross / VideoWeek:
Ad tech company Magnite, formerly Rubicon Project, to acquire SpotX, a platform for connected TV and video advertising, from RTL Group for $1.17B  —  Supply-side platform Magnite announced this morning it has agreed a deal to acquire sell-side video platform SpotX from European media group RTL …
Marc Tracy / New York Times:
Journalists at the New York Daily News have formed a union under the NewsGuild of New York, asking for voluntary recognition from Tribune  —  The organizing effort at the century-old tabloid comes roughly 25 years after its editorial union was effectively broken.
New York Times:
Election tech company Smartmatic files $2.7B defamation lawsuit against the Fox Corporation, Fox News, and hosts Lou Dobbs, Maria Bartiromo, and Jeanine Pirro  —  Smartmatic accused Rupert Murdoch's network of promoting a false narrative about the 2020 election that damaged the company.
Jacob Kastrenakes / The Verge:
Snap says its TikTok competitor Spotlight had 100M MAUs in January, two months after its launch, and receives an average of 175K video submissions per day  —  A surprisingly successful debut  —  Snap says its TikTok competitor, Spotlight, had 100 million users in January 2021, just two months after it launched.
RELATED:
Salvador Rodriguez / CNBC:
Snap beats with Q4 revenue of $911M, up 62% YoY, vs $857.4M est., DAUs were up 22% YoY to 265M; stock down 7%+ after hours on weak Q1 forecast
Radio Free Europe/Radio Liberty:
Radio Free Europe/Radio Liberty names Jamie Fly as president and CEO, who will resume leadership after being dismissed by Michael Pack in June  —  WASHINGTON — Radio Free Europe/Radio Liberty's (RFE/RL) Board of Directors has named Jamie Fly as the company's President and CEO, effective February 16, 2021.
Micah Singleton / Billboard:
Sources: SoundCloud is preparing to introduce a new payment system that would allow users to pay artists directly  —  The company is close to announcing an alternative streaming payout plan.  —  SoundCloud is preparing to introduce a new payment system that would allow fans to pay artists directly …
Kate Beddoe / The Keyword:
Google rolls out an initial version of Google News Showcase in Australia, with participation by and financial support for The Canberra Times, Crikey, and others  —  With the news moving faster than ever, it's clear that journalism is an essential way to keep people informed.
Brad Reed / Raw Story:
OANN is airing a three-hour “election fraud” film by MyPillow CEO with a disclaimer that it doesn't endorse any statements made about Dominion or Smartmatic  —  Trump-loving One America News is airing a special the touts conspiracy theories being peddled by MyPillow CEO Mike Lindell …
Chris Stokel-Walker / WIRED UK:
TikTok's launch on Android TVs in France, Germany, and the UK yesterday is part of its push to diversify its audience and bring its stars into the mainstream  —  The app's arrival on smart TVs is part of a plan to diversify its audience - and bring its stars further into the mainstream
Emily Birnbaum / Protocol:
Democratic senators' SAFE TECH Act will strip Section 230 immunity for any ads and posts violating civil rights, antitrust, cyberstalking, human rights laws  —  Three top Democratic senators added to the stack of proposed Section 230 reforms Friday, introducing their own bill …
 
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 More News: 
Lucy Fisher / Telegraph:
Source: in the past year, the UK has expelled three Chinese spies posing as journalists who purported to work for three different Chinese media agencies
Hamish McKenzie / Substack Blog:
Substack co-founder says Facebook and Twitter getting into paid newsletters is a positive thing for writers and the media ecosystem, implores them to go all in
Julie Hart / American Press Institute:
New Hampshire's the Laconia Daily Sun is training its letter writers in conflict mediation skills to help reduce animosity in opinion page submissions
Felix Salmon / Axios:
Katherine Maher, the Wikimedia Foundation's CEO, will step down as of April 15; the foundation's board has created a search committee to find her successor
 Earlier Picks: 
News Corp:
News Corp reported Q2 net income of $261M on revenue of $2.41B; WSJ subs were up 19% YoY to 3.22M, and NY Post reported its first profit in modern times
Zack Budryk / The Hill:
Toronto Star and other Torstar-owned papers left front pages blank Thursday as they launched a campaign for new laws regulating Google and Facebook
Andrew Marantz / New Yorker:
The case of John Sullivan, who's participated in and recorded riots, including the Capitol assault, raises questions on how to delineate journalists from others
New York Times:
CNN President Jeff Zucker says he expects to leave at the end of 2021, when his contract ends
Pranav Dixit / BuzzFeed News:
India's IT ministry orders Twitter to block the recently restored accounts of critics and The Caravan magazine, threatens Twitter staff with jail time or fines