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Sources: Trump used his private meeting with high-profile TV figures to berate them for dishonesty and shortsightedness, criticizing some in the room by name — It had all the trappings of a high-level rapprochement: President-elect Donald J. Trump, now the nation's press critic in chief …
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New York Post, Boing Boing, Mediaite, @fromedome, Media Matters for America, @jim_newell, @jayrosen_nyu, NPR, CNNMoney, Mother Jones, The Week, Washington Post, Politicus USA, RT, The Wrap, Variety, Quartz, The Gateway Pundit, New Century Times, @zeddrebel, @ron_fournier, @kimmasters, www.wnyc.org, @brianstelter, Talking Points Memo, The Big Media Blog and MediaFile
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Trump's off-the-record meeting with top network executives and anchors comes amid serious concerns over the press' access to the incoming administration — The off-the-record gathering comes amid serious concerns over the press' access to the incoming administration.
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CNNMoney, Politico, CNNMoney, @jeneps, Code Words, @iansams, @jeneps, Washington Post, Business Insider, Mediaite, The Daily Caller, @nycjim, @becketadams, @juliaioffe, The Gateway Pundit, @brianstelter, @ditzkoff, USA Today, @brianstelter, @ericboehlert, @jordanchariton, @deggans, @mattyglesias, @tvietor08, @mlcalderone and FishbowlDC


How two fake news writers, self-proclaimed yellow journalists, say they found success sharing stories with shock value on Facebook — LONG BEACH, Calif. — Fewer than 2,000 readers are on his website when Paris Wade, 26, awakens from a nap, reaches for his laptop and thinks he needs to, as he puts it, “feed” his audience.
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Gothamist, Life Event Web, Newser, @terrence_mccoy, @neemapr, @bradheath, @nadabakos, @doctrine_man, @ktumulty, @eosnos, Engadget, @michikokakutani, Mediaite, @ryanlizza, @postbaron, The Guardian, @carloslozadawp, @rhiansasseen, @_jon_green, @joshtpm, @kevinroose, @kevinroose, @bgrueskin, @carolynkylstra and @chloealbanesius
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Social media giants including Facebook have a responsibility to help defend truth, as Trump and some of his advisers have embraced and spread falsehoods


Sources describe how Facebook's community operations team, which consists of several thousand people, rapidly judges flagged content
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Fortune, @emilybell, @samgregory, @paullewis, @npr, @thedrum, @daveyalba, RT, @sopandeb, VatorNews, @thesolarireport and ZDNet

How Facebook's fake news problem emerged as it emphasized real-time content, with the debut of its Share button in 2012 and hashtags and Trending in mid-2013

Facebook should hire an executive editor and give that person the resources, power, and staff to make sound editorial decisions
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Fortune, Medium, Recode, VentureBeat, The FADER, The Mary Sue, Scripting News, The New York Observer, Digiday, FishbowlNY, Editor & Publisher, @anthony, Forbes, Fast Company, @amolrajan and Ars Technica UK


WSJ sources: Amazon has held talks with NBA, MLB, and NFL to stream live sports, and has proposed a premium exclusive sports package through Amazon Prime — CNBC's Julia Boorstin on a Wall Street Journal report that Amazon is looking into streaming live sporting events.
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Wall Street Journal, VentureBeat, USA Today, Variety, Engadget, BGR and Awful Announcing


Profile of Robert Mercer, the billionaire who invested $10M in Breitbart News and helped bankroll Donald Trump's presidential campaign — IN THE MAGAZINE — U.S. DONALD TRUMP STEPHEN BANNON 2016 PRESIDENTIAL ELECTION — That might have been OK for the folks inside that grand ballroom …
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Bloomberg, @potter_black, @girlsreallyrule, @maxkutner and @newsweek


NBCUniversal is investing another $200M in BuzzFeed, which will collaborate with NBCU's Content Studio under extended advertising-sales relationship — NBCUniversal announced Monday that it has made an additional $200 million investment in BuzzFeed — on top of the $200 million it invested last year.
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Jim VandeHei hires FCC's press secretary Kim Hart to oversee tech coverage at his new site — It's Kim Hart, currently the press secretary at the FCC. — Politico co-founder Jim VandeHei's new company doesn't have a name yet. And he has yet to explain exactly what the company will be, exactly.
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@danprimack, CNBC, Broadcasting & Cable and FishbowlNY


Reese Witherspoon partners with Otter Media—the joint venture of AT&T and the Chernin Group—to form a women-focused digital media company, Hello Sunshine — Media and tech industry veteran Kerry Tucker named CEO of Hello Sunshine — Reese Witherspoon has established digital …
Discussion:
Fortune

Deborah Needleman is leaving T Magazine after a four-year run as editor in chief; no successor has yet been named — Deborah Needleman is leaving her post as editor in chief of T Magazine after four years at the helm of the glossy style supplement published by The New York Times, POLITICO has learned.
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The Business of Fashion


Publishers' app store ratings are being driven down by right-wing trolls leaving one star reviews and comments accusing the publishers of left-wing bias — Two new fronts have opened up in the battle between the left and the right over media bias: the Apple App Store and Google Play.
Discussion:
@retroremakes, @dvsch and @jayrosen_nyu


Sources: ABC is exploring the possibility of launching a 24-hour digital news channel in 2017; it follows ABC's experiments with Facebook Live — The election is over, but ABC is exploring the possibility of a new 24-hour digital news channel. Our distribution tipsters say that some months ago …
Discussion:
Variety, FishbowlNY and Mediaite


The Financial Times is in talks to buy companies that strengthen its digital subscription business and bolster its data analytics, one year after Nikkei deal — Newspaper looks to buy companies that boost subscriber growth — Brexit, U.S. election have helped bolster paid readership
Discussion:
@rafat, @niemanlab and @darcyday


Megyn Kelly claims some TV hosts colluded with Trump, warning him they would ask tough questions in order to appear credible; Hannity responds defensively — Earlier today, Fox News host Megyn Kelly appeared on MediaBuzz and made the claim that many pro-Trump hosts at various networks were …