Top News:
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.”
Discussion:
Shorenstein Center, @craignewman, Media Nation, TODAY.com, Washington Post, Vox, @edyong209, @reporterporter, @joanwalsh, @jswatz, @austinramzy, @sulliview, TwitLonger, Fortune, Mother Jones, Mashable and bookforum.com
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.
Discussion:
New York Times, Broadcasting & Cable, @clarajeffery, Washington Post, Hollywood Reporter, VICE, AOL, The Week, @maggienyt, Media Matters for America, FTVLive, The Guardian, The Huffington Post, @nycsouthpaw, Mashable, The Verge, @mizque, @kurteichenwald, @brendanreichs, Vanity Fair, Business Insider, Politico, @jamilsmith, @adamserwer, @jfagone, TheBlaze, @poniewozik, Mediaite, Fortune, @poniewozik, KXAN-TV, @braddjaffy, @alex, @sophiabush and Media Law Prof Blog
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) …
Discussion:
BBC, Sky News, The Guardian, @business, @lucas_shaw, @djack_journo, @mediaguido, corporate.sky.com, @pkafka, @pkafka, @pkafka, @pkafka, @cnbc and StreetInsider.com
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.
Discussion:
@guykawasaki, @dangillmor, @jswatz, @timoreilly, @john, @carlmalamud, @annaleen and @backchnnl
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.
Shan Wang / Nieman Lab:
Wall Street Journal grows digital subscriptions from 948K in August to 1M+ now, pitching subscriptions when staffers or subscribers share non-paywalled links — Despite a bad fall shadowed by news about ad revenue declines and layoffs, the Journal has ridden what seems to be a post-election wave of interest in paid media.
Discussion:
@laurahazardowen, @thenewcharlotte and @niemanlab
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 …
Discussion:
Media Wire Daily, FishbowlNY and @jill_jorgensen
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 …
Discussion:
Politico, Nieman Lab, @ckanal, TechCrunch, @niemanlab, @pbump, @corybe, @corybe, The Wrap, @mpoppel, Fast Company, GeekWire, TVNewser, @benmullin, @bristei, @poynter, @brizzyc, @corybe, @corybe, @corybe, @corybe, @moneyries, @oliverdarcy, @ethanklapper, @brianstelter and @journodave
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 …
Discussion:
@niemanlab, @_sidverma, @nickreading1, @mediagazer and @patwhite70
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.
Jessica Taylor / NPR:
Hillary Clinton urges action from private and public sectors to combat malicious fake news and false propaganda — Former Democratic presidential candidate Hillary Clinton spoke about the dangers of the promulgation of fake news on Thursday after conspiracy stories involving her campaign spurred violence recently.
Discussion:
Newser, Recode, Vanity Fair, Mediaite, Slate, Bloomberg, Reuters, USA Today, Politico, Mashable, Washington Post, Business Insider, Peter O'Kelly's Reality Check, The Guardian, Variety, The Week, New York Times and The Verge
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 — Fox News is shuttering Fox News Latino, its six-year-old independent site dedicated to covering news for the Latino community in English.
Discussion:
@bryanllenas, @bryanllenas, @avourvoulias, TheBlaze, Western Journalism, @sophiatesfaye, Mediaite, Cision, @jcrsaltman and The Hill
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