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12:10 PM ET, February 6, 2019

Mediagazer

 Top News: 
New York Times Company:
In Q4, The New York Times added 265K digital subscriptions, bringing total number of digital subs to 3.4M but profit decreased to $74.7M from $90.5M a year ago  —  NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE: NYT) announced today fourth-quarter 2018 diluted earnings per share …
Peter Kafka / Recode:
Spotify buys Gimlet Media, a podcast producer and network, sources say for ~$230M, and Anchor, which makes it easier for users to record and distribute podcasts  —  Daniel Ek says he wants to spend up to $500 million on acquisitions this year.  —  Spotify is a streaming music company that wants to become a podcast company, too.
RELATED:
Kyle Pope / Columbia Journalism Review:
Craig Newmark donates $10M to Columbia Journalism School to launch new ethics center and $5M to Poynter to create separate ethics and leadership center  —  For many of the past few decades, the rules around journalism ethics have been largely settled.  We know the appropriate ways to treat sources …
Melissa Locker / Fast Company:
Vox Media's General Manager Andrew Golis is leaving the company to join New York-based radio station WNYC as chief content officer  —  New York Public Radio announced today that long-time digital media executive Andrew Golis has a new job as WNYC's chief content officer.
Discussion: www.wnyc.org
David Faber / CNBC:
Sources: Liberty Media has joined the bidding for the regional sports networks that Disney is trying to sell to finalize a deal with Twenty-First Century Fox  —  - Disney is selling the networks to complete its deal to acquire movie production and television assets from Twenty-First Century Fox.
Discussion: Awful Announcing
RELATED:
Anjali Robins / CNBC:
Disney beats estimates with Q1 net income of $2.79B on revenue of $15.3B vs. $15.14B expected; media networks revenue increased 7% YoY to $5.9B
Chris Welch / The Verge:
Disney says ESPN+, its standalone subscription streaming service that launched in April, has 2M+ users, up from 1M in September
Discussion: CNBC, more at Techmeme »
Josh Constine / TechCrunch:
Sources: Reddit is raising $150M to $300M in a Series D led by Tencent at a $2.7B pre-money valuation  —  Reddit is raising $150 million to $300 million to keep the front page of the Internet running, multiple sources tell TechCrunch.  The forthcoming Series D round is said to be led …
Dade Hayes / Deadline:
21st Century Fox reported strong overall Q2 earnings, but its Television unit had a $22M loss, yet had 19% growth in ad, affiliate, and content sales  —  Continuing to put up steady results across its TV and film operations, 21st Century Fox posted a dip in earnings in its fiscal second quarter …
RELATED:
Charlotte Tobitt / Press Gazette:
FT launches Sifted, a new site targeting young European entrepreneurs, running on part subscription and part sponsorship to keep it free for its target audience  —  The Financial Times has backed a news website for the European start-up world, which its founder has said will tap into a …
Discussion: Talking Biz News
Alexis C. Madrigal / The Atlantic:
A dozen Harvard students and faculty reflect on Facebook's early days, how the platform worked, and how it made them feel as its first users  —  On the 15th anniversary of Facebook's launch at Harvard, a dozen students and faculty members reflect on seeing and being the first users of the world's largest social network.
Jon Levine / The Wrap:
Leaked audio: Vice news chief Josh Tyrangiel says Vice is nearing a deal with Hulu for a new show, and revenue loss after end of HBO show contributed to layoffs  —  “We now have paper.  We now have pens.  The pens are not on paper," Vice executive Josh Tyrangiel says of the deal
Greg Dool / Folio:
American Media, publisher of National Enquirer, Us Weekly, and Men's Journal, has acquired TEN: Publishing's 14 brands in its Adventure Sports Network  —  National Enquirer publisher American Media has acquired TEN: Publishing's Adventure Sports Network, a group of 14 action sports brands …
Amanda Darrach / Columbia Journalism Review:
Amid buyouts and possible layoffs, McClatchy's board increased CEO Craig Forman's monthly stipend for travel, housing, and security from $5,000 to $35,000  —  BuzzFeed, HuffPo, Gannett, Vice.  This has already been a ruthless year for layoffs in digital journalism.
Laura Hazard Owen / Nieman Lab:
 
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 More News: 
Ellie Hall / BuzzFeed News:
Custom and Borders Protection has apologized after BuzzFeed News deputy news director David Mack was grilled by a CBP agent over the site's Trump coverage
Columbia Journalism Review:
French investigative news site Mediapart faced an attempted raid without a warrant from prosecutors who work for Emmanuel Macron
Owen S. Good / Polygon:
Machinima is now officially closed, two weeks after it went offline, with layoffs of 81 people but a “select number” remaining to work at AT&T's Otter Media
 Earlier Picks: 
Kim Severson / New York Times:
The LA Times is reviving its standalone print section dedicated to food as part of an expansion that began after beloved food critic Jonathan Gold died in July