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Sources: Blackstone-backed IDG nears a deal to sell Foundry, which runs outlets like PCWorld and Macworld, to private equity firm Regent — The sources wished to remain anonymous because the deal is not yet public. — Terms of the agreement could not be determined.

ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024 — Tech firms that speed up and automate brands' partnerships with social-media influencers are becoming hot commodities as advertisers scramble to reach consumers online

Fubo raises prices on all of its English-language plans for new customers; its least expensive offering, its Essential plan, is now $85/month — Despite launching less than two months ago, Fubo is raising the price of its new Essential package alongside those of its other plans.
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Flip, which lets shoppers share video reviews and earn cash based on engagement, launches a creator fund that grants up to $100M of equity over 5+ years — Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform.

Newsweek generated $90M in revenue at a profit margin of 20% in 2024, up from $20M revenue in 2018; digital advertising made up 63% of revenue in 2024 — The publisher has shaken off its legal woes and super-sized its reach — The general interest publisher Newsweek …

Source: Allen Media Group reverses some of its plans to lay off 100+ local TV meteorologists and outsource regional weather forecasts to its Atlanta facilities — Allen Media Group has reversed some of its plans to lay off more than 100 local television meteorologists and outsource regional weather forecasts …

Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content” — Meta's X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan.
Discussion:
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Len Blavatnik invests $827M in DAZN, bringing his total to $6.7B, as DAZN eyes Middle East funding to become the “Spotify of sport” — Commitment takes billionaire's investments in DAZN to more than $6.7bn since the streaming service was founded in 2016
Discussion:
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Apple TV+ signs a four-year agreement with French audiovisual groups, investing 20% of its net annual France turnover in European and French content — The accord, which does not cover cinema, will see the platform adhere to obligations set out in France's 2021 SMAD decree governing investment quotas …

Similarweb: RedNote's DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban — In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered …

David Remnick, editor of The New Yorker for over a quarter of a century, remains at work amid speculation over his potential successor as the magazine turns 100 — Staffers of The New Yorker who go into the office, as Condé Nast now requires them to do, have noticed something different …
Discussion:
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In a statement to UK's Culture, Media, and Sport Committee, BBC says a funding crisis, caused by license fee cuts and more, is affecting multiple TV productions — The BBC has issued the starkest warning yet about the UK scripted funding crisis, telling lawmakers that multiple greenlit series are “stuck in limbo.”
Discussion:
TVNewsCheck and UK Parliament Committees