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2:50 PM ET, February 6, 2026

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 Top News: 
Financial Times:
Sources: WaPo is losing about $100M per year but aiming to break even by the end of 2026, which could unlock fresh funding from Jeff Bezos  —  Billionaire hopes that culling hundreds of journalists will stem heavy losses and refocus the struggling newspaper
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Natalie Korach / @nataliekorach:
Sources: Washington Post Executive Editor Matt Murray spiked a story prepared by the newspaper's media desk covering the historic layoffs  —  Scoop: As Washington Post leadership laid off hundreds of staffers this week, exec editor Matt Murray blocked the paper's media desk from covering the cuts, spiking a pre-written story despite internal lobbying https://www.status.news/...
Derek Thompson / @dkthomp:
Matt Murray saying that WaPo will no longer write for “one slice of the audience” demonizes the strategy of fiercely reporting on Trump that made it successful
Todd Spangler / Variety:
Filing: Amazon's spending on content, including music, sports rights, and licensed and produced TV and film, rose 10% YoY to $22.4B  —  The figure was disclosed Friday in the ecommerce giant's 10-K annual filing with the SEC, a day after Amazon reported fourth quarter 2025 results.
Discussion: Media Play News
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Todd Spangler / Variety:
Amazon reports Q4 ad revenue up 23% YoY to $21.32B, slightly above expectations, and subscription services revenue up 14% to $13.12B  —  The company's shares fell in after-hours trading Thursday after Amazon said it expected $200 billion in capital spending for 2026 as it races to compete in the AI space.
Democracy for Sale:
Docs: a Labour thinktank run by a current UK minister hired a PR firm in 2023 to investigate journalists from the Guardian and other outlets to ID their sources  —  Labour Together put private investigators onto journalists writing about its funding.  Starmer's right-hand man knew.  —  Peter Geoghegan
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Adam Jacobson / Radio & Television Business Report:
SiriusXM reported Q4 net income of $99M vs. $287M a year ago, rev. of $2.19B vs. $2.17B est., and “robust” guidance including an in-car audio focus; SIRI up 9%  —  Year-over-year sales were flat.  Subscriber rolls were down compared to the final three months of 2024.
Brian Steinberg / Variety:
Streaming-only Super Bowl ads gain traction among advertisers; source: NBCUniversal charges around $3M for a 30-second ad rather than $7M-$10M for a TV ad  —  While other Super Bowl sponsors like Instacart, Pringles and Bud Light will trot out famous faces like Ben Stiller …
Will Oremus / Washington Post:
NewsGuard sues the FTC, alleging censorship after the FTC barred Omnicom from working with NewsGuard as a condition of the ad agency's Interpublic acquisition  —  NewsGuard files lawsuit alleging censorship after Trump's FTC barred a major ad agency from using its ratings
Leo Barraclough / Variety:
Germany is set to introduce an investment commitment obliging streaming services and TV broadcasters to spend 8% of their German revenue on local content  —  The German government is set to introduce an investment commitment on streaming platforms and TV broadcasters that would oblige …
Alexander Osipovich / Wall Street Journal:
Thomson Reuters' CEO says AI cannot easily replace the company's legal-research expertise, after its stock fell following the release of Claude legal work tools  —  Two of the companies battered by this week's artificial-intelligence selloff, Thomson Reuters and Intercontinental Exchange …
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Todd Spangler / Variety:
Kamala Harris rebrands and revives KamalaHQ as Headquarters, a “Gen-Z led progressive content hub”, in partnership with People For the American Way
Sergiu Gatlan / BleepingComputer:
Substack notifies users about a “limited” data breach in October 2025 via a now-patched flaw found on February 3; a threat actor leaked a ~697K-record database
 

 
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

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors

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
 
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