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3:30 PM ET, March 4, 2021

Mediagazer

 Top News: 
Katherine Rosman / New York Times:
Mobile payments company Square is buying a “significant majority” stake in music streamer Tidal for $297M; Jay-Z and others bought Tidal in 2015 for $56M  —  What did Jay-Z and Jack Dorsey talk about when they went yachting around the Hamptons together last summer?  Perhaps only Beyoncé knows.
BuzzFeed News:
NYT's David Brooks draws a salary for work on an Aspen Institute project funded by Facebook, Jeff Bezos' father, and others, without disclosure in his columns  —  New York Times columnist David Brooks is drawing a second salary for his work on an Aspen Institute project funded by Facebook …
RELATED:
Joe Flint / Wall Street Journal:
Todd Spangler / Variety:
The Podcast Academy announces nominees for its first annual awards show, the Ambies, originally called the Golden Mics, to be livestreamed May 16  —  The Podcast Academy, an industry association looking to establish the premiere awards program for the fast-growing world of podcasts, announced nominees for the first Ambies awards.
Discussion: RAIN News
Lauren Feiner / CNBC:
Susan Wojcicki says YouTube will lift the suspension on Trump's account when it determines “that the risk of violence has decreased”  —  - YouTube CEO Susan Wojcicki said Thursday that the platform will lift the suspension on former President Donald Trump's account once the risk of violence declines.
Peter Kafka / Vox:
Antenna: in Jan. US consumers subscribed to 1.5 streaming services; Netflix had the highest retention rate and its users were least likely to have another sub  —  Three charts that explain the streaming wars.  —  Paramount+, the latest entrant in the streaming wars, launches today …
Discussion: @ranimolla
Oliver Darcy / CNN:
Sinclair Broadcast Group says it will cut its workforce by about 5%, which would affect about 460 people across the company, citing the impact of the pandemic  —  (CNN Business)Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce …
Manish Singh / TechCrunch:
Netflix plans to release 41 Indian films and shows this year, spending three times more on the Indian catalog this year than the past two years combined  —  Netflix said on Wednesday it will roll out 41 Indian films and shows this year, its biggest annual roster of Indian content to date …
Nathan Bomey / USA Today:
Gannett says it has reached a deal with Snap to offer Snapchat ads to its more than 100K local business clients  —  Gannett said Thursday it has reached a deal with the owner of Snapchat to sell advertisements on the social messaging app.  —  Gannett, which owns USA TODAY and more than 250 …
Discussion: Ad Age, @geekychic and Adweek
Ashley Gold / Axios:
Sources: Microsoft president Brad Smith will testify before a House antitrust subcommittee hearing next Friday about tech antitrust and the news media  —  Microsoft president Brad Smith will testify before a House antitrust subcommittee hearing next Friday about tech antitrust and the news media …
 
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 More News: 
Julia Alexander / Musings on Mouse:
A deep look at changes in theatrical windowing for movies and the revenue calculations media companies make as they try to build their streaming subscribers
Ken Klippenstein / The Intercept:
DOJ document: the Trump administration referred a record number of leaks for criminal investigation in a crackdown meant to instill fear of talking to the press
Sara Fischer / Axios:
Facebook says that on Thursday it will lift the ban on political and social issue ads in the US, imposed after the November election
 Earlier Picks: 
Gilad Edelman / Wired:
Study: far-right pubs get 65% more engagement on Facebook when they publish fake news; liberal and centrist pubs get less engagement if they publish misinfo
Joe Flint / Wall Street Journal:
Former Disney exec Kevin Mayer named chairman of sport streaming service DAZN, replacing ex-ESPN president John Skipper
 

 
From Techmeme:

Safe Superintelligence Inc.:
Ilya Sutskever, Daniel Gross, and Daniel Levy announce Safe Superintelligence, an American company “with one goal and one product: a safe superintelligence”

Bloomberg:
A look at Nvidia's 591,078% rise since its IPO in 1999; long-time investors in Nvidia have had to stomach three annual collapses of 50% or more in the stock

Lawrence Abrams / BleepingComputer:
CDK Global, which provides SaaS tools for over 15,000 car dealerships in North America, shuts down most of its systems following a cyberattack

 
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