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7:55 PM ET, February 4, 2022

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 Top News: 
Wall Street Journal:
Filing: News Corp discovered a hack on January 20 that accessed emails and documents of some staff; an expert says the attack is likely linked to China  —  The attack, discovered on Jan. 20, affected publications including The Wall Street Journal, New York Post and the company's U.K. news operation
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Kimberly Chin / Wall Street Journal:
News Corp Q2: $235M profit on $2.72B revenue, up 13% YoY; Dow Jones' revenue hit $508M, up 14% YoY; News Corp news-media unit had $111M profit on $638M revenue  —  Publisher of The Wall Street Journal reports 13% increase in revenue as digital subscriptions grow
Alex Weprin / Hollywood Reporter:
In an interview, David Zaslav denies that John Malone, a Discovery board member who was critical of Jeff Zucker's CNN leadership, pushed for Zucker's ouster  —  Speaking to CNBC Friday morning in separate interviews, John Stankey and David Zaslav push back on claims of John Malone's involvement.
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Sara Fischer / Axios:
A 40-minute recording of a CNN staff meeting with WarnerMedia CEO Jason Kilar showcases frustration and confusion over how and why Jeff Zucker was forced out
Tatiana Siegel / Rolling Stone:
Source: WarnerMedia's probe into Chris Cuomo advising his brother broadened to include ties between Jeff Zucker, Allison Gollust, and Andrew Cuomo
Margaret Sullivan / Washington Post:
Jeff Zucker's legacy is defined by his pursuit of TV ratings at NBC and CNN and his relationship with Donald Trump, whose persona he helped create and burnish
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Bloomberg:
Sources: Tegna is in advanced talks with a large shareholder, Standard General, for a potential buyout at about $24/share, with Apollo Global Management backing  —  Television broadcaster Tegna Inc. is in advanced discussions with one of its largest shareholders, Standard General …
Discussion: Reuters
Mike Masnick / Techdirt:
Although Kara Swisher, LAT reporters, and others implicated Section 230, Spotify's right to publish Joe Rogan is, in fact, protected by the First Amendment  —  I really wasn't going to write anything about the latest Spotify/Joe Rogan/Neil Young thing.  We've posted older case studies …
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Ashley Carman / The Verge:
Audio: Daniel Ek says Spotify needs exclusives for leverage to land deals with Amazon, Google, and others, and that Spotify is a platform, not a publisher
Todd Spangler / Variety:
Filing: Amazon spent $13B on TV, movie, and music content in 2021, up 18% YoY, a significant slowdown from 2020, when spending grew 41%  —  The ecommerce giant disclosed total video and music expense for 2021 in its annual SEC filing Friday.  That total is compared with $11 billion the year prior, which was up roughly 40% versus 2019.
RELATED:
Jordan Novet / CNBC:
Amazon breaks out advertising services revenue for the first time, reports $9.7B for Q4, up 32% YoY, $31.2B for FY 2021; subscription services grew 15% to $8.1B
Peter Guest / Rest of World:
Documents show how reputation laundering companies like Eliminalia use fake DMCA and legal notices to scare news outlets into taking down investigative stories  —  Reputation firms like Eliminalia use legal threats and copyright notices to have material taken down around the world.
Jeff Schogol / Task & Purpose:
Top Biden administration spokespeople became hostile when reporters pressed them to provide at least some proof to back up their claims about Syria and Russia  —  If it's starting to feel like March 2003, that's because President Joe Biden's administration is definitely taking an “either you are with us or with the terrorists” vibe.
Christopher Lehmann-Haupt / New York Times:
Jason Epstein, a founding co-editor of The New York Review of Books who launched Anchor Books, which published classics as cheap paperbacks, dies at 93  —  His literary and marketing instincts brought quality paperbacks to American readers and led to the creation of The New York Review of Books.
Committee to Protect Journalists:
Authorities in Kashmir arrest The Kashmir Walla editor Fahad Shah and are investigating him for alleged sedition and making statements causing public mischief  —  Authorities in Indian-administered Jammu and Kashmir must immediately and unconditionally release journalist Fahad Shah …
 
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Meghan Bobrowsky / Wall Street Journal:
Snap CFO says parts of the company's ad business began to recover from Apple's privacy changes quicker than expected, as Snap sees its first quarterly profit