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2:00 PM ET, February 18, 2021

Mediagazer

 Top News: 
Damien Cave / New York Times:
Australia's concentrated media industry, dominated by News Corp, is aligned with the prime minister and has sought compensation from tech companies for years  —  Pathbreaking legislation showed that even a small nation can get the tech giant to bend.  But the United States seems unlikely to follow.
RELATED:
Casey Newton / Platformer:
Banning Australian news makes sense for Facebook and may prompt people to visit news sites directly; Google's payoffs, though, will invite global shakedowns  —  Yesterday, I wrote that Australia's News Media Bargaining Code threatened to splinter the internet.
Campbell Brown / Facebook:
Facebook News Partnerships VP: Australia's planned law “fails to recognize ... the fundamental nature of the relationship between our platform and publishers”  —  Today we made an incredibly difficult decision to restrict the availability of news on Facebook in Australia.
Benedict Evans:
Australia's proposal for media compensation, which covers raw link sharing, is presented as a competition case when it's actually a tech tax and media subsidy  —  Newspaper revenue really started to collapse well over a decade ago, and we've been discussing what to do about it for almost as long.
Reuters and Associated Press:
Facebook says it generated ~5.1B free referrals to Australian publishers worth ~AU$407M last year, as Australia's Media Bargaining law passes the House  —  - Facebook will no longer allow people in Australia to read or share news  — The move is a response to the country's proposed Media Bargaining law
Nicholas McElroy / ABC:
Australian authorities in public health, weather, and other areas say Facebook has removed posts from their feeds following Facebook's news ban
News Corp:
News Corp announces a multi-year, global partnership with Google to provide content from its news sites “in return for significant payments by Google”
William Easton / About Facebook:
Ahead of proposed media law, Facebook says it's banning Australians from sharing/viewing news and all users from sharing from and viewing Australian news Pages
Nicholas Quah / Vulture:
Hanaa' Tameez / Nieman Lab:
NYT debuts a Slack app that provides a daily recommended read, a “save for later” button, and alerts users if a link they shared was discussed in other channels  —  On Thursday, The New York Times launched a Slack app that's designed to help foster conversations about Times stories …
Discussion: NYT Open and @annadubenko
Hannah Murphy / Financial Times:
Court filing says a Facebook manager warned that the company reported revenues it “should have never made” by overstating how many users advertisers could reach  —  Lawsuit cites product executive's qualms over figures provided to advertisers  —  A Facebook employee warned …
Marc Tracy / New York Times:
Profile of Stewart Bainum, who set up a nonprofit to buy The Baltimore Sun; filing shows price of $65M for The Sun and other papers under nonbinding term sheet  —  Stewart Bainum, a hotel magnate and former politician, has swooped in with a plan to run it and other papers in Maryland as part of a nonprofit.
Ashley Carman / The Verge:
Recent deals like the iHeart Media's purchase of Triton Digital suggest that ad tech, not exclusive content, will be the key to long-term success in podcasting  —  iHeart Media acquires Triton Digital for $230 million  —  iHeartMedia, the company behind podcasts like Stuff You Should Know and hundreds …
 
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 More News: 
Manori Ravindran / Variety:
BBC Studios' streaming channel BBC Select launches today in the US on Amazon Prime and Apple TV for $4.99/month, with non-fiction culture and politics shows
Todd Spangler / Variety:
UFC signs partnership with TikTok, under which it will produce live content including interviews and training segments for the platform
Discussion: Engadget
Sean Burch / The Wrap:
Triller CEO says the company never inflated user numbers after a report said the app had half the 50M users it claimed
Reuters:
Belarusian court sentences two journalists who filmed protests to two years in prison; they were accused of orchestrating the protests by filming them
 Earlier Picks: 
Brian Steinberg / Variety:
WarnerMedia, known for Cartoon Network and Adult Swim, plans a preschool brand, Cartoonito, and will work to attract more young girls and families as viewers
ProPublica:
ProPublica says Richard Tofel, its founding general manager and president since 2013, will retire from the company when a successor is found
Brian Flood / Fox News:
Rush Limbaugh has died at the age of 70 after a battle with lung cancer
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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