Top News:
The Walt Disney Company:
Disney to acquire 21st Century Fox, including stakes in Sky and Hulu, after spinoff of certain businesses like Fox News, for $52.4B in stock — 21st Century Fox to spin off Fox Broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network to its shareholders
Discussion:
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Mark Sweney / The Guardian:
New Fox, centered on live news, sports, and the Fox brand, is a return to “our roots as a lean, aggressive, challenger brand,” per Lachlan Murdoch — Sale of 21st Century Fox assets includes stakes in Sky in the UK and Hollywood film studio as tycoon focuses on Fox News and newspapers
Discussion:
Adweek, New York Times, 21st Century Fox, TVNewser, TVNewser, TVSpy, Fox Business, StreetInsider.com and FierceCable
Amy Chozick / New York Times:
With Disney deal, Murdoch's decades-long acquisition streak comes to an end in the face of the rise of streaming, despite past and current efforts to scale — For a while, Rupert Murdoch seemed invincible. — First, the mogul emerged relatively unscathed from a 2011 phone hacking scandal involving …
Discussion:
Stratechery, The Guardian, @sarahlellison and @cnn
New York Times:
Four women detail violent sexual behavior by hip-hop mogul Russell Simmons between 1988 and 2014, and three say he raped them; Simmons denies rape allegations — Mr. Simmons, a powerful gatekeeper in the entertainment and media worlds, damaged careers and self-confidence with his pattern …
Discussion:
Los Angeles Times, New York Times, Highsnobiety, Miami New Times, The Week, NPR, The Daily Caller, @latimes, Variety, People.com, @yashar, @drewsings, @nytimes, @carleyroney, CBS New York, @evansiegfried, The Guardian, The A.V. Club, @danielnmiller, @mattdpearce, @nytimesarts, Rolling Stone, The Grapevine, @yashar, UPROXX, AOL, Bustle, Mediaite, The Wrap, Deadline, @jamilsmith, @joecoscarelli, @amykinla, NBC News, @morethansky, @pfro, @gcaw, @inllhrprhntr, @dandepetris and @harryallen
New York State Attorney General:
NY AG asks for delay in net neutrality vote at FCC because public comment process was corrupted with up to 2M comments that had used stolen identities — NEW YORK - Today, New York Attorney General Eric T. Schneiderman released new details of his office's investigation into fake comments submitted during …
Discussion:
Forbes, Politico, Home Media Magazine, Motherboard, Techdirt, Wired, Ars Technica, The Hill, Techdirt, The Verge, Motherboard, Bustle, @karlbode, @christophurious, @rayjwatson, @agschneiderman, Multichannel News, ThinkProgress, @pbrowning02, @mikewoodard, @joshstein_, Fast Company, The Week and The Daily Caller, more at Techmeme »
Salma Hayek / New York Times:
Salma Hayek details Harvey Weinstein's sexual harassment, threats, rages, and business and creative coercion as she worked to produce movie about Frida Kahlo — HARVEY WEINSTEIN WAS a passionate cinephile, a risk taker, a patron of talent in film, a loving father and a monster. — For years, he was my monster.
Discussion:
USA Today, Deadline, The A.V. Club, The Daily Caller, IndieWire, AOL, Vanity Fair, VICE, @falonyates, @rwitherspoon, The Daily Beast, UPROXX, The Wrap, @adviserrachel, Fortune, @mjb_sf, @bootstheory, Radio Times, @tomgara, Mashable, @colleendoran, The Guardian, Forbes, Bustle, @aishatyler, Mediaite, Highsnobiety, @jodikantor, @smartassjen, @christineestima, TMZ.com, Rolling Stone, Business Insider, Metro, The Week, Variety, TVWeek.com, Axios and Meduza.io
Benjamin Mullin / Wall Street Journal:
Business Insider to drop “business” from its name in January to expand beyond corporate and financial news; Insider to launch niche verticals like Insider Wine — The company will rebrand as Insider Inc. as part of a strategy to expand into niche coverage areas on social media and elsewhere
Discussion:
@larakiara, @mdudas and Talking Biz News
Committee to Protect Journalists:
CPJ: record high 262 journalists jailed globally in 2017 in relation to their work, with half of those imprisoned in Turkey, China, and Egypt — For the second year in a row, the number of journalists imprisoned for their work hit a historical high, as the U.S. and other Western powers failed …
Discussion:
New York Times, Mashable, Mediaite, Journalism News, Al Jazeera English, @journotopia and @sashachavkin
Jason Schwartz / Politico:
NYT hires fact-checker for DC desk, an unprecedented move for a newspaper, in response to political weaponization of reporting errors and the volume of news — As news errors become fodder for Trump's attacks, the venerable daily makes an extra push for accuracy.
Discussion:
AOL
Lulu Yilun Chen / Bloomberg:
Sources: Tencent Music plans IPO in 2018, is expected to raise $1B+, valued at $10B; unit has 120M paying subscribers vs Spotify's 60M — Internet giant is said to plan music-business IPO next year — Katy Perry, local artists exploit messaging, karaoke apps
Selina Wang / Bloomberg:
Alibaba's video streaming unit, Youku Tudou, has signed multiyear content licensing deals with NBCUniversal and Sony Pictures — Multiyear agreements give Youku subscribers access to movies — Deal comes as Alibaba doubles down in entertainment, Hollywood
Anthony Noto / New York Business Journal:
Sophia Amoruso's Girlboss raises $2M, led by Lightspeed to close a $3.1M seed round, to grow website, podcast, rallies; Lightspeed's Nicole Quinn to join board — New York-area startups and venture capitalists are making funding deals with the hopes of creating the next profitable company.
Discussion:
Wall Street Journal, Lightspeed Venture Partners, TechCrunch, @amyresnick and WWD
Andy Grimm / Chicago Sun Times:
Judge rules journalist Jamie Kalven won't have to testify and reveal sources after subpoena claimed the information may have influenced witnesses in murder case — Journalist and activist Jamie Kalven sits in court and it is announced that he will not have to testify.
Discussion:
abc7chicago.com, bnd, Chicago Tonight, @bettergov and Chicago Tribune
Erik Wemple / Washington Post:
Senate candidate Roy Moore's loss serves as a cautionary note for those relying on support of just one media outlet, even when it's Breitbart and Steve Bannon — At a pre-Thanksgiving event, Dean Young, the chief strategist for Roy Moore's failed Senate campaign, echoed winning lines …
Discussion:
New York Magazine, Vox, @dandrezner, AOL, Vanity Fair and Fortune
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