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Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo” — - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.
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Newsmax settles with a Dominion Voting Systems staffer after airing false claims of voting machine manipulation, issuing an apology; the staffer dropped suit — The far-right media outlet Newsmax, which amplified former President Trump's false allegations of election rigging and widespread voter fraud …
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WaPo, NYT, and NBC News issue significant corrections, retracting earlier reporting that said Giuliani and OAN had been warned by the FBI about Russian disinfo — New York (CNN Business)The Washington Post, The New York Times, and NBC News on Saturday issued significant corrections …
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@oliverdarcy, Mediaite, New York Times, NBC News, Poynter, @kenvogel, New York Post, @mikeelgan, @mattgaetz, @nytpolitics, @seanspicer, @arawnsley, @oliverdarcy, @richardgrenell, @kredo0, @redsteeze, @washingtonpost, Slate, @stevesi, @greta, @aaronjmate, @ggreenwald, @danielsgoldman, @katehydeny, @kevin_hitt, @rossgarber, @ngrossman81, @zcohencnn, Insider, Fox News, @matthewkeyslive, @brianstelter, @froomkin, @oliverdarcy, The Hill, The Daily Beast, Mediaite and Columbia Journalism Review

Twitter to launch ad campaign to promote local journalism, starting with 28 full-page ads in local papers across the Gannett/USA Today and McClatchy networks — Twitter on Monday will launch a major advertising and social media campaign urging people to follow local journalists and support their work.

As big Sunday news shows continue to invite Republicans who tried to overturn the election, some local outlets regularly remind their audience during news items — The journalists at WITF, an all-news public radio station in Harrisburg, Pa., made a perfectly reasonable decision a few months ago.
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@sulliview, @pamelabrowncnn, @jonfavs, @tvietor08, @timelywriter, @jaketapper, @jayrosen_nyu, @oliverdarcy and @kristoncapps

A look at compensation for CEOs and key decision-makers at Comcast, Disney, Netflix, Fox, and AT&T in 2020, after splashy announcements of pandemic pay cuts — Do media barons believe in shared sacrifice? When the COVID-19 pandemic hit in 2020, several CEOs made headlines …
Joel Simon / Columbia Journalism Review:
Of the 60+ journalists CPJ and RSF helped evacuate from Daraa, Syria, only ~6 remain in journalism, including 4 who started Spain's first refugee-run news site — Two years after fleeing their homes in Syra and resettling in Spain, four exiled journalists recently launched the country's …
Discussion:
Committee to Protect …, @pressfreedom, @joelcpj, @pressfreedom and @cpjmena

Gray Television says it will acquire Meredith's local media group for $2.7B in cash; Meredith's National Media Group will be spun out as standalone company — Addition of Meredith's 17 TV Stations Will Transform Gray into the Second Largest Television Broadcast Group
Discussion:
@dangriffinwlwt and @sarafischer

Analysis of BLM news coverage demonstrates the “protest paradigm”, where protesters' grievances are delegitimized by a press that favors spectacle and conflict — In 2018, Sacramento police shot and killed Stephon Clark, a twenty-two-year-old father of two, in his grandmother's backyard.
Discussion:
@froomkin, @danikathleen, @sjjphd and @bloosemore

Roku has removed YouTube TV from its channel store after Roku and Google failed to come to a distribution agreement; existing users will continue to have access — If you've already got the app, be careful not to delete it — Roku has pulled YouTube TV from its channel store.
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A look at the Mountain West News Bureau, a consortium of NPR stations in seven states, whose six embedded reporters collaborate with local stations and papers — Last summer, I drove cross country. I found that in parts of the Mountain West — Arizona, Utah, New Mexico, Montana, Colorado …
Discussion:
@lukerunyon and @niemanfdn

EU charges Apple with antitrust violations, alleging it squeezed rival music streaming apps by requiring them to use Apple's in-app payments system — EU accuses Apple of forcing many apps to use its in-app payment system on which it takes commissions, saying it ‘distorted competition’ in music streaming
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European Commission, Complete Music Update, @jason_kint, @neil_chilson, @dhh, @pkafka, @eu_commission, @carnage4life, Fast Company, Forbes, Light Reading, ScreenRant and The Week