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12:45 PM ET, December 9, 2016

Mediagazer

 Top News: 
Bloomberg:
21st Century Fox has agreed to buy Sky for $13.51 per share in cash valuing the broadcaster at $22.6B; Sky's share price jumps more than 26%  —  21st Century Fox Inc. reached a preliminary deal to acquire full control of Sky Plc, valuing the pay-TV provider at 18.5 billion pounds ($23.2 billion) …
Margaret Sullivan / Washington Post:
As media faces more criticism and fake news causes real trouble, it's tempting to tune out, but this moment requires keen awareness and critical thinking  —  In another strange time in American history, the counterculture guru Timothy Leary urged people to “turn on, tune in, drop out.”
Cynthia Littleton / Variety:
Trump will remain executive producer of Celebrity Apprentice, getting royalties through MGM, likely in the low five figures per episode  —  Donald Trump will remain an exec producer on NBC's “Celebrity Apprentice,” which is returning Jan. 2 after a two-year hiatus with new host Arnold Schwarzenegger.
John Markoff / Backchannel:
Twenty-eight year veteran NYT tech reporter John Markoff to retire, will remain on contract for more stories, and become writer in residence at Berkeley in 2017  —  I'm retiring from the greatest job I ever knew—but I still believe that journalism will thrive … Yes, I'm retiring from the New York Times.
Peter Sterne / Politico:
BuzzFeed adds Tampa Bay Times' Anthony Cormier, a Pulitzer winner, to its investigative unit, and hires Daily Beast's Nancy Youssef to cover the Pentagon  —  Buzzfeed News is adding Anthony Cormier to its Investigative Unit and Nancy Youssef to its World team, the company was set to announce on Friday.
Sarah Ellison / Vanity Fair:
Despite an offer of more than $20M to stay on at Fox News, sources say Megyn Kelly is still fielding bids from ABC, NBC, and CNN  —  Despite an offer of more than $20 million from Fox, Kelly appears to be listening to some surprising suitors.  —  On Wednesday morning …
Ian Mohr / New York Post:
In unusual deal, New York Observer offers subscribers Star Magazine after folding print edition; a source says Kushner is close with Star publisher David Pecker  —  More On:  —  Some erudite subscribers to the New York Observer have been surprised by the shuttering print publication's juicy final offer …
TNM Staff / Talking New Media:
BuzzFeed reporter Rosie Gray is joining The Atlantic's politics and policy team; she will focus on the global rise of populist nationalist movements  —  Reporter Rosie Gray is coming to The Atlantic as part of its growing Politics & Policy team.  Gray will cover global affairs and U.S. politics …
Joseph Lichterman / Nieman Lab:
A new study finds that the Associated Press' automated coverage of company's earnings releases has increased firms' trading volume and liquidity  —  The Associated Press' automated coverage of company's earnings releases has increased firms' trading volume and liquidity …
Benjamin Mullin / Poynter:
Breaking News, NBC News' alert app, to shut down at the end of the year due to lack of revenue; all 20+ staff to remain on payroll until January 20  —  Breaking News, the popular alert app from NBC News, is shutting down at the end of the year.  —  The entire staff at Breaking News …
Janko Roettgers / Variety:
Sources: Nielsen in advanced talks to acquire media data firm Gracenote, one source says deal could be between $450M and $500M  —  Nielsen is in advanced talks to acquire Emeryville, Calif.-based media data specialist Gracenote from Tribune Media, Variety has learned from multiple sources.
Discussion: @mathewi, @jank0 and @jank0
 
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 More News: 
Matt Pressberg / The Wrap:
Lionsgate closes its purchase of pay-TV network Starz in $4.4 billion cash-and-stock deal
Jessica Taylor / NPR:
Hillary Clinton urges action from private and public sectors to combat malicious fake news and false propaganda
 Earlier Picks: 
Maxwell Tani / Business Insider:
Fox News closes six-year-old Fox News Latino, its English-language site aimed at the Latino community in US and Latin America
Adi Robertson / The Verge:
Google Daydream adds two video apps, NextVR and HBO, which will let subscribers watch TV on a virtual big screen; Netflix is listed as coming later this month
Discussion: Fast Company and Multichannel News
Andrew Beaujon / Washingtonian:
The Washington Post adds editor's note to its article about Russian propaganda amid US election, saying it does not vouch for findings of PropOrNot group
 

 
From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

David Pierce / The Verge:
Google announces internal reorganizations, including an AI-focused Platforms and Devices group overseeing Pixel, Android, Chrome, and more, led by Rick Osterloh

Bill Toulas / BleepingComputer:
Europol and 19 countries make 37 arrests and disrupt phishing-as-a-service platform LabHost in a year-long operation with help from Microsoft, Intel, and others
 
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