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3:15 PM ET, February 12, 2023

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 Top News: 
CNN:
The White House says Biden's pre-Super Bowl interview with Fox is still off, after Fox said its streaming service Fox Soul would interview him, in an about-face  —  Hours after the White House said Fox had called off its pre-Super Bowl interview with President Joe Biden, the network said the president was still welcome.
Charlotte Van Campenhout / Reuters:
An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone (VOD.L) on Friday secured unconditional EU antitrust approval …
Faisal Kalim / What's New in Publishing:
FIPP Q4 2022 report covering 140 titles with a combined 42.1M subscribers: despite inflation and recession fears, global digital news subscribers kept growing  —  “Publishers will continue to see growth in 2023 despite economic headwinds.” … Although “the combination of a looming recession …
Discussion: @kenherts and Media Voices
Clare Duffy / CNN:
Pathmatics estimates the monthly revenue from Twitter's top 1,000 advertisers fell 60%+ from around $127M in October 2022 to just over $48M by January 25, 2023  —  New York CNN —  —  More than half of Twitter's top 1,000 advertisers in September were no longer spending on the platform …
Jonathan Vanian / CNBC:
Meta's limited ad targeting options and Amazon's ad product investments are leading brands to shift their budgets to Amazon; Amazon's ad business grew 19% in Q4  —  - Facebook's more limited targeted capabilities coupled with Amazon's investment in ads products is leading a growing number of brands to shift their ad budgets.
The Guardian:
UK DCMS Committee report: BBC chairman Richard Sharp made “significant errors of judgment” by not divulging his link to a Boris Johnson loan before appointment  —  The chair's future at the corporation is in doubt after a damning Commons report on his role in the Boris Johnson loan affair
Louise Matsakis / Semafor:
Sources: TikTok's Internal Audit team that spied on journalists had wide investigative powers with little oversight; ByteDance says it's restructuring the team  —  TikTok's hyper-aggressive internal security team drew a wave of complaints from employees before its conduct exploded …
Alex Williams / New York Times:
Marianne Mantell, who co-founded Caedmon, a groundbreaking label that issued recordings of writers reading their words, the precursors to audiobooks, dies at 93  —  In her early 20s she co-founded the groundbreaking spoken-word record label Caedmon, which had a hit with Dylan Thomas's “A Child's Christmas in Wales.”
Taylor Lorenz / Washington Post:
Report: ads next to tweets from 10 extremist Twitter accounts restored by Musk generate enough engagement to likely bring in $19M in ad revenue annually  —  Ads from major brands are running alongside hateful content and dangerous conspiracy theories from far right Twitter users, group claims
Christopher Palmeri / Bloomberg:
Sources: Fox turned down $2B+ unsolicited offers for Tubi, which the company acquired for $440M in 2020; Tubi lost ~$50M in Q4 and grew sales 25% YoY to $200M+  —  Fox Corp. has turned down unsolicited offers of more than $2 billion for its Tubi streaming service, over four times …
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 More News: 
Harry Lambert / New Statesman:
A look at the UK's Evening Standard and Independent under owner Evgeny Lebedev; while the Indy is profitable, the media outlets have lost £150M over 11 years
NBC News:
White House Communications Director Kate Bedingfield plans to step down at the end of February 2023; Obama administration veteran Ben LaBolt will succeed her
New York Times:
An excerpt from an upcoming book on the Redstone family and its media empire: how Shari Redstone took control of Paramount, which emerged from CBS and Viacom
 Earlier Picks: 
Jenna Burrell / Poynter:
Journalists must challenge the notion that AI will replace humans; ChatGPT proves that finding the truth is trickier than pairing data with the right algorithm
New York Times:
After a three-month strike, the HarperCollins union and the company reach a tentative deal that includes increasing minimum salaries and a one-time $1,500 bonus
Bron Maher / Press Gazette:
Analysis: 27 of the highest earning Substack newsletters generate at least $22M in annual revenue together; at least five of them make $1M annually each
 

 
From Techmeme:

Wall Street Journal:
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change

Sergiu Gatlan / BleepingComputer:
The US OFAC sanctions four Iranian nationals over cyberattacks on the US government, defense contractors, and private companies, and the DOJ unseals indictments

Jacob Ridley / PC Gamer:
The European Parliament adopts right-to-repair rules clarifying manufacturer obligations to provide repair services, consumer access to spare parts, and more
 
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