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1:15 PM ET, February 9, 2022

Mediagazer

 Top News: 
Alexandra Bruell / Wall Street Journal:
Memo: Dotdash Meredith will cease printing six magazines, including Entertainment Weekly and InStyle, in April, turning them into digital-only brands  —  The publications, which IAC's Dotdash acquired when it bought Meredith last year, will live on as digital-only brands
Georg Szalai / Hollywood Reporter:
RELATED:
Brian Steinberg / Variety:
Sources: Discovery sees Zucker's departure as an opportunity for a reset at CNN, making it less opinionated, after ratings declined noticeably in recent months  —  Ever since Jeff Zucker seized the reins at CNN in early 2013, the cable-news network has been one of loudest voices in media circles.
Sarah Jones / New York Magazine:
A look at CNN staffers' emotional reactions to Jeff Zucker leaving, including on air, with some treating his ousting or resignation like a death
Erik Wemple / Washington Post:
In a deposition, James Bennet says that he included a direct apology to Sarah Palin in a response to CNN's questions but the apology didn't make it past NYT PR  —  “America's Lethal Politics,” the June 14, 2017, editorial at the center of Sarah Palin's defamation lawsuit, is cause for apology.
RELATED:
Erik Wemple / Washington Post:
The editorial that spawned Palin v. NYT showcases mainstream media's insistence to filter breaking news events through insights on “both sides” of US politics
Sarah Emerson / BuzzFeed News:
One of two people charged with conspiring to launder ~$3.6B in stolen bitcoin has been a consistent contributor at Forbes since late 2017 and at Inc. since 2016  —  A husband and wife were arrested in Manhattan on Tuesday for allegedly conspiring to launder $4.5 billion in stolen cryptocurrency.
Amanda Silberling / TechCrunch:
Tumblr launches a tip jar, initially in the US, on iOS, Android, and web; Tumblr will not take a cut and won't use Apple or Google's billing systems  —  Tumblr is launching its second attempt at a monetization feature today.  Rolling out in the U.S. now and soon globally …
Discussion: Tumblr Staff
Sara Fischer / Axios:
As ABC News, ESPN, Daily Mail, and other outlets amass over 1M TikTok followers, some suggest the surge is similar to the explosive growth on Facebook in 2015  —  A handful of news media companies now have more than 1 million followers on TikTok, a testament to how much the viral video platform …
Alex Weprin / The Hollywood Reporter:
Moonbug Entertainment acquires Little Angel, a YouTube network with more than 88M subscribers  —  The deal is the first for Moonbug since selling itself to Kevin Mayer and Tom Staggs' Candle Media.  —  Moonbug Entertainment, fresh off of its $2.7 billion sale to Candle Media, is expanding its footprint.
Discussion: Variety, Kidscreen, Tubefilter and Bloomberg
Axios:
Foreign correspondents detail intimidation in Beijing, including being assigned a “guide” to follow them and check that interviewees stick to official discourse  —  Foreign correspondents in China are speaking out after a Chinese security official pulled a Dutch reporter …
Ben Thompson / Stratechery:
A review of digital advertising in 2022, which has shifted from a Google-Meta duopoly to one where Amazon and potentially Apple are major forces  —  Six years ago tomorrow, in The Reality of Missing Out, I wrote that the digital advertising market was settled, and Google and Facebook won:
Sarah Perez / TechCrunch:
Disney used Tuesday's Oscar nominations to run Disney+'s first test of livestreaming capabilities in the US; it may use the tech for live sports on the service  —  Disney+ ran its first-ever test of livestreaming capabilities this morning in the U.S., hinting at future changes to come for its on-demand subscription video service.
RELATED:
Dade Hayes / Deadline:
Netflix and Amazon had fewer Oscar nominations in 2022; half of the Best Picture nominees had little to no theater time and all major studios used hybrid models
Firat Kozok / Bloomberg:
Turkey's media watchdog asks Voice of America, DW, and Euronews to apply for web broadcast licenses for their websites as they publish video news  —  Turkey's media watchdog warned three Western news organizations, including Washington-based Voice of America, that they could be banned if they didn't apply for web broadcast licenses.
Discussion: Reuters and @aykan_erdemir
 
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 More News: 
Alex Weprin / The Hollywood Reporter:
Fox Corp. beats as Q2 revenue rose 9% YoY to $4.44B with $2.4B in ad revenue, but its net loss reached $73M due to a change in fair value from its investments
Military Reporters & Editors Assoc:
The Military Reporters & Editors Association asks the DOD to let journalists embed with US troops deploying to Europe, after several years of being shut out
Jennifer Maas / Variety:
Newzoo: the esports industry drew an estimated 474M viewers and generated $1B+ in 2021 revenue, up 14.5% YoY, but esports media rights brought in only $192.6M
 Earlier Picks: 
Alexandra Steigrad / New York Post:
Sources: CBS London bureau chief Andy Clarke resigned over budget cuts; the initial refusal to extract Afghan journalists and fixers was his breaking point
Discussion: TVNewser and Barrett Media
Brandon Smith / WBAA:
The ACLU of Indiana sues Indiana AG for barring political writer Abdul-Hakim Shabazz from his press conferences despite his longstanding media credentials
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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