AT&T is spinning off three of its video services, including its satellite TV brand DirecTV, to create a new standalone video company called New DIRECTV.

Details: The company will be jointly owned by AT&T and private-equity giant TPG. AT&T will retain a 70% stake and TPG will own 30% of the firm.

Insider Inc. will boost its minimum salary to $60,000 annually for U.S. employees, while increasing its minimum severance package to eight weeks, according to a memo from company executives obtained by Axios.

Why it matters: Insider has been able to dodge many of the financial headwinds from the pandemic that plagued other media businesses.

United Airlines CEO Scott Kirby believes that people will feel safe traveling again by this time next year, depending on the pace of vaccinations and the government's ongoing response to the pandemic, he said at an Axios virtual event.

Why it matters: Misery for global aviation is likely to continue and hold back a broader economic recovery if nothing changes, especially with new restrictions on international border crossings. U.S. airlines carried about 60% fewer passengers in 2020 compared with 2019.

TheSkimm, a digital media company catering to millennial women, plans to launch SkimmU, a set of free virtual courses designed to help women take control of their finances.

Why it matters: TheSkimm has focused much of its coverage in the last year around what it calls the “shecession,” the recession that is disproportionately impacting women amid the pandemic. The free classes are meant to address that.

TikTok said Wednesday that it removed under 1% of the videos uploaded on its platform during the latter half of last year amid the election and start of the COVID-19 vaccine rollout.

Why it matters: Most of the videos the company removed were attributed to child and adult nudity, a similar trend that occurs across most tech platforms. About 13% of the content it removed came from the U.S.

BuzzFeed News on Tuesday filed a lawsuit against the U.S. Capitol Police for records related to the Jan. 6 insurrection.

Why it matters: The Capitol Police is an extension of the legislative branch and therefore not subject to Freedom of Information Act requests. USCP has been largely uncommunicative with the media since the insurrection.

E.W. Scripps is planning to create new national lifestyle networks that will leverage its recent $2.65 billion acquisition of national broadcast company ION, sources tell Axios.

The big picture: The company, founded in 1878, has managed to survive by gradually spinning off its newspaper business while simultaneously acquiring and then reimagining its television assets.

A nonprofit consortium of nonprofit journalism organizations had a record 28% membership growth last year.

Why it matters: The COVID-19 pandemic has pushed some struggling newsrooms to embrace the nonprofit model, an arrangement that allows news companies to accept charitable donations while still being able to sell ads and subscriptions.

Spotify on Monday announced a new advertiser network called the Spotify Audience Network that will combine all of the audio streaming giant's music and podcast ad inventory in one place when it launches in coming months.

Why it matters: The first-of its kind digital audio network will make it possible for marketers to be able to run targeted digital audio ads at scale, similar to what they are able to do now with banner ads or search ads on Facebook and Google.