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9:45 AM ET, February 26, 2021

Mediagazer

 Top News: 
Jacob Kastrenakes / The Verge:
Twitter announces Super Follow feature to let users charge for tweets, and a Communities feature to let users create and join groups based on specific interests  —  It's also planning a groups feature  —  Twitter announced a pair of big upcoming features today: the ability for users to charge …
Joseph Choi / The Hill:
WaPo national editor denounces “racist, sexist, and ill-informed attacks” on reporter Seung Min Kim after she showed a Neera Tanden tweet to Sen. Lisa Murkowski  —  The Washington Post on Thursday denounced online abuse that targeted one of its reporters after a photo of her speaking …
Joe Pompeo / Vanity Fair:
Exit interview with retiring WaPo Executive Editor Marty Barton, on Trump, diversity in newsrooms, the Snowden leaks, and the future of newspapers  —  Stars from Hollywood (Spielberg, Schreiber) and the news biz (Baquet, Blitzer) toasted the legendary editor, who recalls angry calls from Trump …
Cynthia Littleton / Variety:
AT&T and PE firm TPG reach a deal to make DirecTV a standalone company with TPG owning 30%; the deal is valued at $16.25B, includes DirecTV, AT&T TV, U-verse  —  The sides have been in talks for months as AT&T has sought to find a solution to the problem of DirecTV's subscriber losses dragging …
Mike Butcher / TechCrunch:
Cision, a media monitoring company that is the parent of PR Newswire, buys online consumer intelligence and social media analytics service Brandwatch for $450M  —  Online consumer intelligence and social media listening platform Brandwatch has been acquired by Cision, best known …
Nathan Bomey / USA Today:
Gannett reports Q4 net loss of $122.2M, down from $95.1M a year ago; revenue fell 17% YoY to $875.4M; online subscriptions rose 29% YoY to 1.1M  —  Gannett reported a year-over-year decline in fourth-quarter revenue and a wider net loss, but the company beat its earlier estimates for the period …
Discussion: @kerrymflynn
Brian Steinberg / Variety:
AMC Networks had Q4 net income of $94.7M, up from $8.58M a year ago, on revenue of $780.3M, and says it has 6M+ subscribers to its various streaming services  —  AMC Networks said it swung to a profit in the fourth quarter despite a decline in revenue as it narrowed losses in its international …
Discussion: Hollywood Reporter
Alex Kantrowitz / Big Technology:
RELATED:
Christopher Warren / Crikey:
Amendments to Australia's media bargaining code will strengthen big tech and old media, with ~90% of Google money going to News Corp, Seven West Media, and Nine
Chris Roush / Talking Biz News:
Insider increases the minimum salary for full-time employees to $60K, increases minimum severance to two months and converts bonus compensation to salary  —  Insider is increasing the minimum salary of its full-time employees to $60,000 and improving other benefits, according to an internal memo distributed Thursday.
Wall Street Journal:
Netflix to invest $500M on movies and TV shows in 2021 in South Korea, where it has 3.5M subscribers, after spending $700M in the country between 2015 and 2020  —  Streaming giant to spend $500 million on South Korean films and television shows, as competition for global viewers heats up
Better News:
How The Arizona Republic re-engaged readers after realizing that 42% of its digital-only subscribers weren't reading a single article per month  —  John Adams and Alia Beard Rau, USA Today Network, February 24, 2021  —  Here's an idea to steal and adapt: If you want to maximize …
 
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 More News: 
Elizabeth A. Harris / New York Times:
A deep look at the effects of the Penguin Random House bid for Simon & Schuster on the book industry, particularly for authors seeking book deals
Lila Shapiro / New York Magazine:
Interviews with nine publishing execs and editors of color, hired after the industry's reckoning provoked by #PublishingPaidMe, on their hopes and fears
Michael Safi / The Guardian:
Open letter signed by more than 100 Al Jazeera staff says Rightly, its new rightwing digital channel, betrays the outlet's journalism and tarnishes the brand
Sara Fischer / Axios:
TheSkimm launches SkimmU, a set of free virtual finance courses for women, joining WWD and Axios in creating online courses for readers
Gene Maddaus / Variety:
Bill Nye to appeal ruling that lets Disney classify revenue from distribution of older shows as “home video”, allowing it to keep 80% of that revenue
 Earlier Picks: 
New York Times:
In a two-minute message, Reply All co-founder and host Alex Goldman says the Test Kitchen series about Bon Appetit is cancelled and the show is on pause
Kirstin McCudden / Freedom of the Press Foundation:
At least four journalists in the US will face trial in March following their arrests while covering BLM protests
Anika Anand / LION Publishers:
LION launches a fellowship which will disburse $1M over two years to member organizations that apply to fund hiring staff whose focus will be revenue generation
Megan Graham / CNBC:
Facebook launches a TV, radio, and digital ad campaign in support of personalized ads called Good Ideas Deserve to be Found, ahead of Apple's IDFA changes
NBC News:
Sources: Biden administration will release an intelligence report that concludes Saudi Crown Prince Mohammed bin Salman approved the killing of Jamal Khashoggi
Natalie Jarvey / Hollywood Reporter:
Paramount+ details: ad-supported tier at $5/mo has NFL games, CBSN, thousands of shows; ad-free tier at $10/mo adds live local news, more sports, live CBS shows
 

 
From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
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