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11:25 AM ET, December 22, 2016

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 Top News: 
Alexandra Steigrad / WWD:
Sources: Jared Kushner is trying to sell the New York Observer, with National Enquirer parent American Media rumored to be a potential buyer  —  According to insiders, Kushner has been quietly shopping the Observer to potential buyers.  —  Jared Kushner and Ivanka Trump at the Met Gala, May 2016.
RELATED:
Josh Constine / TechCrunch:
Zuckerberg, after saying Facebook is not a media company in August, now suggests it is a media firm, just not a “traditional” one  —  Mark Zuckerberg gave new insights about how he sees Facebook's role in informing the world today during a Live video one-on-one year-end chat with COO Sheryl Sandberg.
Richard Smirke / Billboard:
TeamRock, owner of rock music magazines and a radio station, goes into administration, leaving 70+ jobless; crowdfunding appeal raising funds for staffers  —  A crowdfunding appeal to raise funds for the staff of a rock music publisher that has gone into administration - similar to chapter 11 bankruptcy …
Reuters:
Sources: Viacom executive Doug Herzog, who oversaw Comedy Central and MTV, is leaving in restructuring after the appointment of Bob Bakish as Viacom CEO  —  Longtime Viacom Inc (VIAB.O) executive Doug Herzog, who oversees the networks Comedy Central and MTV, is expected to leave the company next month …
Pamela Engel / Business Insider:
After granting an interview to STAT News, Trump's doctor told reporter Ike Swetlitz he'd never work again if the story were published  —  President-elect Donald Trump's doctor recently gave an interview to a health publication and then threatened to end the reporter's career if he published it.
Michael Rozansky / The Annenberg Public Policy Center:
NYT columnist Andrew Rosenthal joins the Annenberg Public Policy Center as a professional in residence; he'll be writing a memoir about his life in journalism  —  Andrew Rosenthal, an op-ed columnist and former editor and correspondent for The New York Times, has joined the Annenberg Public Policy Center …
Discussion: @appcpenn and @joepompeo
Doris Truong / Nieman Lab:
Beyond ethnicity and race, newsrooms need to hire staff who understand the military, poverty, non-Christian religions, and more  —  If 2016 has shown us anything, it's that journalists can't afford to live in bubbles.  We can be a self-reinforcing bunch, so we are surprised when …
Discussion: @niemanlab and @niemanlab
Wall Street Journal:
Sources: Baidu planning $1B IPO for iQIYI, one of China's top video streaming platforms, in either Hong Kong or US, valuing it at up to $5B  —  The IPO could value the video-streaming unit at up to $5 billion  —  HONG KONG—Chinese internet giant Baidu Inc. is planning an initial public offering …
Discussion: @wsj, @wsjeurope, Variety and Fortune
Stephen Battaglio / Los Angeles Times:
Sources: Katie Couric will fill in as co-anchor on NBC's Today Show for one week from January 2, alongside Matt Lauer, covering Savannah Guthrie  —  Katie Couric, shown last January, was co-anchor of “Today” from 1991 to 2006.  (Jay L. Clendenin / Los Angeles Times)
Todd Spangler / Variety:
Disney-ABC to produce several original series for Snapchat, in bid to target younger viewers, starting with an after-party show for The Bachelor, debuting Jan 3  —  Snapchat has pulled Disney-ABC Television Group into its expanding original programming orbit, with the parties setting …
 
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 More News: 
Sarah Perez / TechCrunch:
Family-friendly streaming service VidAngel refuses to shut down, despite court order filed by Warner Bros, Disney and Fox, which want VidAngel held in contempt
Discussion: Broadcasting & Cable and Variety
 Earlier Picks: 
Tom Standage / Press Gazette:
Economist Deputy Editor and Digital Strategy Chief Tom Standage: We expect display advertising to have disappeared by 2025
Discussion: @tomskitomski, Thanks:@steverubel
Rachael Bade / Politico:
Sources: Attacks from Breitbart and other pro-Trump bloggers and media personalities are having a chilling effect on discourse within the Republican Party
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Ryan Browne / CNBC:
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain
 
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