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8:25 PM ET, March 30, 2021

Mediagazer

 Top News: 
Sara Fischer / Axios:
Spotify buys app developer Betty Labs, creator of Locker Room, a live social audio app where fans can talk about sports, which Spotify plans on expanding  —  The acquisition will allow creators of all kinds to host anything from debates to live concerts.
Jon Allsop / Columbia Journalism Review:
The broadcast of Derek Chauvin's trial, allowed due to intense interest and limited physical access due to COVID, reignites debate over cameras in the courtroom  —  Earlier this month—with jury selection set to begin in the trial of Derek Chauvin, the white former Minneapolis police officer …
Todd Spangler / Variety:
Radio and podcasting company Entercom is rebranding itself to Audacy and retiring Radio.com  —  After more than 50 years as Entercom Communications, the radio and podcasting company is unfurling a new banner: Effective immediately, it is changing its name to Audacy. … The company's new website is audacyinc.com.
Brandon Katz / Observer:
LightShed Partners: SVOD subscribers will nearly double by 2024 to 1.25B from 650M at the end of 2020  —  Of the 11 major legacy media and tech companies that have a direct hand in Hollywood, all but one house some sort of over-the-top (OTT) streaming service.
Substack Blog:
Substack raises $65M Series B led by Andreessen Horowitz  —  When we started Substack to build an alternative media economy that unlocks the full potential of the internet and gives more power to writers and readers, we didn't know if the model would work.  A lot of people told us that no one would pay for newsletters.
RELATED:
Axios:
Sources: Substack's latest round values the company at around $650M
Erik Wemple / Washington Post:
Dominion's suit against Fox News lists a torrent of disinformation and says the few stories that told the truth show that Fox knew it was spreading lies  —  Media critic  —  Back in December, Dominion Voting Systems warned Fox News and other spreaders of election-related conspiracy theories that lawsuits were imminent.
Discussion: @oliverdarcy and CNN
Georg Szalai / Hollywood Reporter:
ViacomCBS' BET is going digital-only in the UK on April 8 and will run on Pluto TV and Channel 5's My5 streaming platform  —  Originals ‘Celebrity Comfort Food,’ ‘Black to the Future’ and ‘We Do That’ will join the lineup as senior vp of BET International Monde Twala says: “We are committed to growing the BET brand in the U.K.”
StreetInsider.com:
DraftKings acquires Vegas Sports Information Network, a broadcast and content company that delivers sports betting news, analysis, and data  —  DraftKings Inc. (Nasdaq: DKNG) today announced that it has acquired Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast …
Marcela García Globe / The Boston Globe:
By normalizing Trump's former senior adviser Stephen Miller, Politico and others are helping launder his white supremacist ideas into the mainstream  —  Journalists who normalize Trump's former senior adviser ‘are helping him launder his white supremacist ideas into the mainstream.’
Charlotte Tobitt / Press Gazette:
Time Out Media reports revenue of £9M in H2 2020, down 59% YoY, and a loss of £1.7M, vs. earnings of £675K in H2 2019; both digital and print ad revenue fell  —  Revenue at Time Out Media was down 59% to £9m in the second half of 2020 as continued worldwide Covid-19 lockdowns …
High Country News:
Jennifer Sahn, formerly editor of Orion and executive editor at Pacific Standard, starts April 1 as new EIC of High Country News  —  Sahn will lead coverage of the Western United States as the magazine heads into its second half-century.  —  High Country News is happy to announce …
 
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 More News: 
Sebastian Pellejero / Wall Street Journal:
Dapper Labs, maker of NFT-focused NBA Top Shot, raises $305M, sources say at $2.6B valuation; investors include several pro athletes including Michael Jordan
Justine Calma / The Verge:
Netflix says it wants to reach net zero greenhouse gas emissions by 2022, by reducing electricity use by 45%, hiring local crews, and offsetting the rest
Sarah E. Needleman / Wall Street Journal:
Cameo, which now has 40,000 personalities, raises $100M from Vision Fund 2 and others at a $1B+ valuation, up from $300M in 2019
Lucas Shaw / Bloomberg:
A look at Roku's experiment with original programming: acquiring shows at a fire-sale price instead of committing billions of dollars to original shows
 Earlier Picks: 
New York Times:
Since Columbine, reporting on mass shootings in the US has evolved to focus more on victims, with journalists more cautious about the shooter's supposed motives
Kristen Hare / Poynter:
McClatchy is outsourcing page design and typesetting to Express KCS, cutting more than 26 jobs by August 15
Reveal:
Federal judge dismisses Planet Aid's four year, multimillion-dollar libel lawsuit against Reveal from The Center for Investigative Reporting
Chris Welch / The Verge:
T-Mobile to shut down TVision's three bundles of live channels at the end of April, after launching in Nov., and is instead partnering with YouTube TV and Philo
Felicia Sonmez / @feliciasonmez:
Felicia Sonmez says she has been told by her editors that the Washington Post is rescinding its years-long ban on her from writing about sexual misconduct