Top News:
Hugh Son / CNBC:
Binance invests $200M to help Forbes with its plan to go public via a SPAC in Q1 2022, making Binance one of Forbes' two largest owners after its listing — - Binance, the world's biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned.
Discussion:
Axios, Forbes, Insider, TechCrunch, Financial Times, Protocol, New York Post, Web3 News, @protocol, @claireatki, City A.M., @davidgokhshtein, @ahcastor, @justinsuntron, @c1aranmurray, @timccopeland, @binance, @aaberwick, @wublockchain, @hugh_son, @alex, @thedomino and @cz_binance, more at Techmeme »
Michael M. Grynbaum / New York Times:
New York appeals court temporarily stays an order by a state trial judge, allowing the NYT to publish and retain documents concerning Project Veritas — A state appeals court said that a judge's order preventing publication of the documents would not be enforced until a formal appeal could be heard.
Discussion:
@adamgoldmannyt and @grynbaum
Jordan Rose / Complex:
Snoop Dogg acquires Death Row Records from Blackstone-controlled company MNRK Music Group — Snoop Dogg has acquired Death Row Records from the Blackstone-controlled company MNRK Music Group. — According to a press release via Business Wire, the rap legend will be leading the brand for the coming years as its new owner.
Joshua Benton / Nieman Lab:
The bitcoin-related arrest of a writer who posted 47 times on Forbes.com highlights earlier use of Forbes' contributor network for scams, PR, or bad journalism — That “rapper” accused of billions in crypto fraud was also a Forbes contributor. Is it finally time to move past the contributor network?
Discussion:
@jbenton, @kantrowitz, @jppullen, @parkermolloy, Boing Boing, Newslit Daily, @sciguyspace, @risj_oxford, @bgrueskin, @sir_ruffy, @jbenton, @brosandprose, @annatarkov, @paulbradleycarr, @technollama, @netculture, @ckrewson, @stephenbeck, @kateconger, @mmasnick, @byrontau, @tprice504, The Muffin por Mauricio …, @robinwigg, @pearseanderson, @dangillmor, @charliebeckett, @josh_emerson, @lyssaslounge, @jackmarshall, @caseynewton, @bryanrolli, @jeremy_borden, @ckrewson, @scottnover, @anthony, @niemanlab, @erinahennessy, @lpolgreen, @sarahnemerson and @blakersdozen, more at Techmeme »
Todd Spangler / Variety:
Disney beats Q1 estimates with 129.8M Disney+ subscriptions worldwide, up 37% YoY, and $21.82B in revenue, up 34% YoY; stock up 7%+ — Disney Plus powered to a strong year-end finish, with the media giant's flagship streaming business blowing past expectations to hit almost 130 million users.
Discussion:
Hollywood Reporter, CNBC, The Streamable, The Streamable, Wall Street Journal, Axios, ScreenRant, The Wrap, Fast Company, Business Wire, @domsplaying, @ldignan, Junghoon's Direct Media …, @xpangler, Digiday, @fedprom, @cnbc, @scottygb, @xpangler, MediaPost, Deadline, ABC7, Decider, Ad Age, Digital Trends, Deadline, Hollywood Reporter and New York Post
PR Newswire:
Twitter misses with Q4 revenue of $1.57B, up 22% YoY, net income of $182M, down 18% YoY; 217M mDAUs, up from 192M YoY; FY 2021 revenue hit $5.08B, up 37% YoY — Annual Revenue Growth of 37% to $5.08 Billion and Average Monetizable Daily Active Usage (mDAU) Growth of 13% to 217 Million in Q4
Discussion:
Variety, The Wrap, The Verge, CNBC, @twitterir, @brianstelter and @twitterir, more at Techmeme »
Bron Maher / Press Gazette:
BBC alleges a rise in harassment of UK-based BBC News Persian journalists and their families in Iran in the past year in a complaint to the UN against Iran — The BBC has lodged an “urgent complaint” with the UN against the Iranian government over “escalating actions and threats” towards its journalists.
Ben Sisario / New York Times:
Sting sells his songwriting catalog, covering song copyrights and royalties as a songwriter, to UMG; the deal is estimated to be worth $250M or more — The deal, worth an estimated $250 million, covers his entire output as a songwriter, including solo work and hits by the Police like “Every Breath You Take.”
Discussion:
Billboard, Forbes, Variety, The Wrap, Reuters, @thewrap, New York Post, Wall Street Journal, Rolling Stone, @billboardbiz and @umg
Jim Waterson / The Guardian:
BBC pulled a documentary on a crypto trader hours before it was due to air after a reporter questioned its main claims, another case of patchy crypto coverage — Programme about ‘self-made crypto-millionaire’ dropped amid questions over central claims — The BBC has pulled a documentary …
Discussion:
@jimwaterson, Boing Boing, @martinsfp, City A.M., @connorsephton, Daily Mail, CoinMarketCap Alexandria, @hef4caerphilly, BirminghamLive and @journojess_
Manish Singh / TechCrunch:
India's ShareChat and MX Player agree to merge their short-video apps, Moj and MX TakaTak; source says the deal is worth $900M — Tiger Global-backed ShareChat and Times Internet-owned on-demand video streaming service MX Player have agreed to “strategically merge” their short video apps Moj and MX TakaTak …
Nieman Lab:
A study of 430 local Seattle journalists from 2015-2021 finds ~40% had the same job after six years, ~30% left the industry, and 16% advanced in their careers — A bleak look at journalism careers in one U.S. city — It's been almost an entire generation since the recession …
Discussion:
@shirishmm and @andrewgiambrone
Reuters:
Mexico says it has arrested the three alleged perpetrators of the murder of journalist Lourdes Maldonado in January — Mexico has arrested the alleged perpetrators of the murder of journalist Lourdes Maldonado, President Andres Manuel Lopez Obrador said Wednesday, following the killing of four media workers this year.
Catie Keck / The Verge:
YouTube details creator updates: new video effects, editing capabilities, and monetization tools for Shorts, Shopping expansion, Studio improvements, and more — A lot of new features are in the works for 2022 — YouTube is expanding the ways creators can monetize their content …
Discussion:
TechCrunch, more at Techmeme »
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