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3:30 PM ET, February 24, 2022

Mediagazer

 Top News: 
Jon Lafayette / Next TV:
Sinclair says a 2021 cyberattack resulted in $63M in lost Q4 ad revenue, reports an $89M loss, down from $467M profit in Q4 2020, on $1.47B revenue, down 2% YoY  —  Company reports $89 million net loss for fourth quarter  —  Sinclair Broadcast Group said that the cyber attack the company faced …
Randall Chase / Associated Press:
Delaware's Supreme Court upholds a judge's dismissal of a lawsuit by Candace Owens against Facebook fact-checking media orgs USA Today and Lead Stories LLC  —  DOVER, Del. (AP) — Delaware's Supreme Court has upheld a judge's dismissal of a lawsuit filed by conservative political commentator Candace Owens …
Anne Steele / Wall Street Journal:
Sources: BlackRock and Warner Music invest $750M in a fund to buy music catalogs from artists early in their careers and have already spent $300M on 20 catalogs  —  The companies seek stakes in newer music copyrights in partnership with Influence Media  —  BlackRock Inc. and Warner Music Group Corp …
Larry Edelman / The Boston Globe:
Jonathan Abbott, chief executive of public media outlet GBH, is stepping down after 15 years, during which he grew the newsroom from a dozen journalists to 110  —  During his 15 years in the top job, Abbott has guided the public media pioneer's shift to digital platforms, expanded local news, and boosted its endowment by 800 percent.
Discussion: @bostonfdn
Todd Spangler / Variety:
Spotify removes several recently uploaded episodes of The Alex Jones Show, which it banned in 2018, after a media watchdog group discovered the episodes  —  Spotify appears to have quietly pulled several episodes “The Alex Jones Show,” hosted by the notorious right-wing conspiracy firebrand …
Georg Szalai / Hollywood Reporter:
Dish lost 273K net pay TV subscribers in Q4, including 70K Sling TV subscribers; at the end of 2021, it had 8.22M subscribers to Dish TV and 2.49M to Sling TV  —  The company, led by chairman Charlie Ergen and CEO Erik Carlson, lost satellite TV and Sling TV customers.
Discussion: Next TV and Light Reading
Rachel Treisman / NPR:
Study: since May, Facebook labeled only about half the posts promoting 184 climate change denial articles from publishers like Breitbart and Newsmax  —  Facebook is falling short on its pledge to crack down on climate misinformation, according to a new analysis from a British watchdog group.
Variety:
Sources: under Skydance's deal with Apple Studios, Apple promises Skydance at least two fully financed feature films a year, with budgets of up to ~$125M  —  Nearly a month after it was announced that Apple had landed a slate of live action films from longtime Paramount Pictures partner Skydance …
Discussion: @mattdonnelly and AppleInsider
 
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 More News: 
Andy Maxwell / TorrentFreak:
Reddit transparency report: 665K pieces of content were removed for copyright infringement in 2021, up 104%; 2.8K users and 2.6K subreddits were banned
more at Techmeme »
Ed Z / Ed Zitron's Where's Your Ed At:
Some journalists, guilted by crypto zealots into “being open-minded”, fail their readers by giving the scam-filled crypto industry the benefit of the doubt
Ash Parrish / The Verge:
Twitch launches the Ad Incentive Program to pay select streamers a guaranteed monthly minimum ad revenue based on amount of ads run per hour and hours streamed
Discussion: Protocol and Engadget
The Nation:
The Nation names Bhaskar Sunkara, founder and publisher of Jacobin, as president
 Earlier Picks: 
Judd Legum / Popular Information:
Conservative Brief, which employs three writers, has become huge on Facebook, surpassing WaPo and NYT, ostensibly by paying large Pages to share its content
Brian Steinberg / Variety:
AT&T, State Farm, and others join Discovery and Omnicom in testing alternatives for measuring linear TV audiences using Comscore and VideoAmp data
Rick Porter / The Hollywood Reporter:
Nielsen expands its Media Impact planning tools, adding streaming services ratings to help advertisers and media buyers plan cross-platform campaigns
Discussion: Variety and SlashFilm
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory

Brendan Bordelon / Politico:
OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA
 
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