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5:40 PM ET, January 7, 2022


 Top News: 
Peter Kafka / Vox:
The NYT-Athletic deal is a big bet with significant risk, as growth slows for The NYT and profit remains elusive for The Athletic  —  A big bet with real risk and reward.  —  The New York Times wants more subscribers.  The Athletic has lots of subscribers but loses money.
Sara Fischer / Axios:
NYT has agreed to acquire The Athletic in an all-cash deal valuing the startup at $550M; co-founders Alex Mather and Adam Hansmann will stay on after the deal  —  The New York Times has agreed to acquire The Athletic in an all-cash deal valuing the sports media startup at $550 million …
Aron Pilhofer:
With The Athletic purchase, NYT will directly compete for subscribers with local news sites that cover college or pro sports, topics once owned by local papers  —  It turns out, The New York Times does really care about local news — just not in the way we thought.
John Legend sells rights to his music catalog from late 2004 through early last year to BMG and investment firm KKR  —  - Companies strike deal for copyrights, royalties from his music  — High valuations are pushing more and more musicians to sell  —  John Legend joined the growing list …
Ben Schoon / 9to5Google:
Google says Android TV and Google TV have over 110M monthly active devices combined, up 30M from May 2021  —  While Roku and Amazon's Fire TV are often the first thing people think of when it comes to home entertainment platforms, Google's Android TV OS is growing quickly.
Discussion: The Streamable and Light Reading
Sources: Reddit could go public as soon as March at a valuation of as much as $15B; the company was last valued at $10B in August 2021  —  - Social media company could go public as soon as March  — Reddit could be valued at as much as $15 billion in listing
Mike Masnick / Techdirt:
A California court orders Twitter to reveal the identity of a user who tweeted photos mocking a billionaire, after the user didn't respond to a copyright claim  —  Back in November we wrote about a very bizarre attempt to abuse copyright law to uncover who was behind a Twitter account, @CallMeMoneyBags.
Gita Jackson / VICE:
Image Comics workers win an NLRB election and become the first unionized comics company, with the Communications Workers of America  —  After management failed to voluntarily recognize the union, Image workers have won an NLRB election to become the first unionized comics company.  —  GJ
The Wire:
Modi's BJP uses an app called Tek Fog to harass journalists: of 4.6M Twitter replies received by 280 women journalists, 18% were from Tek Fog managed accounts  —  The Wire investigates claims behind the use of ‘Tek Fog’, a highly sophisticated app used by online operatives to hijack major social media …
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 More News: 
New York Times:
How Tucker Carlson, condoned by Fox management, plus right-wing podcasts and others, revised the history of January 6 to deflect blame from Trump
 Earlier Picks: 
Ingrid Lunden / TechCrunch:
LinkedIn plans to launch interactive, audio-only live events this month in beta for some creators and a video version in the spring
Sarah Perez / TechCrunch:
Spotify introduces Call-to-Action Cards, a visual ad format for podcasts that puts clickable cards inside show and episode pages
Anna Nicolaou / Financial Times:
Justin Smith says his venture with Ben Smith is not a quick flip and they are aiming for multi-decade growth; Ben says the outlet will be “post social media”