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3:15 PM ET, January 16, 2020

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 Top News: 
Joe Tidy / BBC:
Following a BBC investigation, Twitter apologizes for letting ads be micro-targeted using keywords like “transphobic”, “white supremacists”, and “anti-gay”  —  Twitter has apologised for allowing adverts to be micro-targeted at certain users such as neo-Nazis, homophobes and other hate groups.
Denise Petski / Deadline:
Ronan Farrow's first investigative documentary for HBO, part of a three-year-deal, will focus on threats and violence faced by journalism covering corruption  —  HBO has begun production on the first project in its multi-film deal with best-selling author and Pulitzer Prize-winning journalist Ronan Farrow.
Todd Spangler / Variety:
Forecast: Netflix will spend ~$17.3B on content in 2020, up from ~$15.3B in 2019, mostly on originals; Disney has said it will spend ~$1B on Disney+ originals  —  Netflix is keeping its foot pressed firmly on the gas pedal in the streaming-video road race.  —  The streamer will invest …
Elias Leight / Rolling Stone:
Layoffs at iHeartMedia, which controls 800+ radio stations, reflect long-term consolidation trends that silence local voices and homogenize viewpoints and music  —  The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country
Charlotte Tobitt / Press Gazette:
Sky CEO Jeremy Darroch urges the UK government to speed up plans for an online regulator as a bill to grant interim powers to Ofcom is introduced  —  Sky's chief executive has urged the Government to speed up its plans for an online regulator as a bill to grant interim powers to Ofcom was introduced in the House of Lords.
Sarah Perez / TechCrunch:
Hulu to debut one ad format letting viewers choose the ad from the brand and another allowing viewers to engage with the brand with info sent to their phones  —  Hulu is preparing to roll out new forms of advertising this year — one which will allow viewers to have more say in the ads that plays …
Discussion: The Streamable and MediaPost
Ken Doctor / Nieman Lab:
Sources: Alden Global Capital, which now owns 32% of Tribune Publishing, is exerting its power, with Alden execs advising on cost cutting, including headcount  —  Missiles and drone strikes may have temporarily driven everyone's eyes elsewhere — including those in the news industry …
Billboard:
Billboard parent company Valence Media sells Spin to Next Management Partners and reaches an agreement with Stereogum leadership to buy the brand back  —  Music publications Spin and Stereogum will no longer be a part of Billboard-The Hollywood Reporter Media Group, parent company Valence Media announced today (Jan. 16).
BuzzFeed News:
Documents from the Mueller probe show Fox News' Sean Hannity served as a central point of contact and adviser for Trump and allies who were under investigation  —  WASHINGTON — Sean Hannity has never been shy about using his highly rated Fox News show to express his disdain …
Brianna Sacks / BuzzFeed News:
A Michigan reporter wrote that a state senator objectified and humiliated her; the senator has now apologized, and senate leaders called for an investigation  —  “It's so normalized.  You hear something and you don't take the time to say something," Allison Donahue said.
 
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 More News: 
Stephen Battaglio / Los Angeles Times:
ABC, CBS, NBC, Fox News, CNN ask Senate to use C-SPAN's cameras for the impeachment trial, back C-SPAN's request for a less restricted view of the floor debates
Ryan J. Foley / Associated Press:
For the second year in a row, the Republican-controlled Iowa Legislature has denied press credentials to a journalist whose writing is critical of its policies
 Earlier Picks: 
Rick Edmonds / Poynter:
Henry Blodget lays out Insider's growth targets for the next five years: 1M paid subscribers, up from ~200K now, doubling news staff to 1,000, and more
Cynthia Littleton / Variety:
Nexstar to launch News Nation, a three-hour primetime nightly national newscast, broadcast from Chicago on the WGN America cable channel, in mid-summer
BBC:
In New Year's speech to staff, Tony Hall says BBC will move more of its news operations out of London, focus on big themes like climate change and AI, and more