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6:25 PM ET, February 12, 2024


 Top News: 
Max Tani / Semafor:
Slate says 2023 was the most profitable year in its 27 year history, with revenue up 28% YoY through investments and growth in its podcasts and website  —  The Scoop  —  Amid a difficult year for news media last year, at least one legacy digital media company has quietly been moving the other direction.
Hanaa' Tameez / Nieman Lab:
Interviews with the four co-founders of 404 Media, who each own 25% of the tech news outlet, which they say is profitable six months after launch  —  “Owning our own work, and being beholden to no one but our readers and colleagues — as opposed to say, investors, venture capitalists …
Daniel Thomas / Financial Times:
How generative AI is transforming the advertising industry; WPP and Publicis plan to spend hundreds of millions of dollars to embed AI in their businesses  —  At the start of the year, every single one of the roughly 100,000 people working for advertising giant Publicis received a video message …
Sarah Perez / TechCrunch:
Meta begins testing “today's topics” on Threads in the US, surfaced in the app on the Search page and in the For You feed, that can feature political content  —  After acknowledging last week that Meta's X competitor Threads would not actively recommend political content …
Washington Post:
Some news creators and journalists, who moved from X to Threads, criticize Meta for planning to stop recommending political content on Instagram and Threads
Lynn Neary / NPR:
Bob Edwards, the veteran broadcaster who hosted NPR's Morning Edition for 24 years, dies at 76  —  Bob Edwards, the veteran broadcaster and longtime host of Morning Edition who left an indelible mark on NPR's sound, has died.  He was 76 years old.  —  NPR's Susan Stamberg …
Brian Steinberg / Variety:
A look at Jon Stewart and Rachel Maddow's test to boost talk TV via Monday appearances; Vivvix: Daily Show had $39.9M in ad sales in 2022 vs. $129.1M in 2014  —  Can Mondays do for the TV business what Thursdays and Sundays once did?  Some of the medium's best-known personalities are trying to figure this question out.
John Archer / Forbes:
Amazon's Prime Video basic ad tier, which began on Jan. 29 in the US as a downgrade to subscribers, quietly cut Dolby Vision HDR and Dolby Atmos sound support  —  Amazon AMZN caused a furor recently when it announced that it was introducing advertisements right across its Prime Video streaming service.
Clara Aberneithie / Press Gazette:
An interview with The Times' Paul Morgan-Bentley on going undercover with British Gas debt collectors as part of an investigation into pre-payment energy meters  —  Getting something “badly wrong” is what keeps head of investigations Morgan-Bentley up at night.
Discussion: @pressgazette
Committee to Protect Journalists:
Malaysia sentences British anti-corruption reporter Clare Rewcastle Brown to two years in prison in absentia for criminal defamation over her 1MDB reporting  —  The Committee to Protect Journalists calls on Malaysian authorities to reverse the decision to sentence British anti-corruption …
Discussion: BBC and Malay Mail
Daniel Thomas / Financial Times:
A look at the uncertain future of TalkTV as its star presenter Piers Morgan moves to YouTube, saying his daily show had become an “unnecessary straitjacket”  —  Outspoken presenter is moving his ‘Uncensored’ show from TalkTV to YouTube  —  Piers Morgan, the outspoken presenter …
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 More News: 
Bron Maher / Press Gazette:
Guardian forecasts a £39M deficit in FY 2023/24 as ad revenue was down 16%, or £9M, in the nine months to Dec. 31 and membership revenue was £3M behind budget
Lauren Forristal / TechCrunch:
A look at STIRR, launched in 2019 by Sinclair with 100+ FAST channels and sold to Thinking Media in January 2024, as it plans an international expansion
Clare Malone / New Yorker:
A look at the state of news media, which faces an “extinction-level event” despite constantly reshaping itself in the first three decades of digital publishing
Sophie Culpepper / Nieman Lab:
How entrenched patterns of philanthropic funding leave behind small nonprofit newsrooms, an issue with which BIPOC-led outlets are all too familiar
 Earlier Picks: 
Wall Street Journal:
Sources: Disney, Fox, and Warner Bros. Discovery are discussing a price that could approach $50 a month for their new, jointly owned sports streaming service
A court in Kyrgyzstan rules to dissolve Kloop, an NGO that ran a popular news website often critical of the government, following raids on several other outlets
Daniel Thomas / Financial Times:
Sources: incoming BBC chair Samir Shah is searching for a buyer for his production TV company Juniper to avoid a conflict of interest with his new role