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:
Wall Street Journal, Fast Company, The New York Observer, Press Gazette, Business Insider, Forbes, TechCrunch, USA Today, Home Media Magazine, Ad Age, The Guardian, Wall Street Journal, CNNMoney, NPR, Variety, TechCrunch, New York Times, Recode, Radio & Television …, Washington Post, Variety, The Guardian, CNBC, @chriswelch, Quartz, Financial Times, BBC, Polygon, The Drum, Vanity Fair, The Big Lead, FierceCable, The Ringer, Fortune, @brooksbarnesnyt, The Verge, Mashable, @darrenrovell, AdExchanger, Pocket-lint, The Daily Caller, BGR, @benfritz, @jbflint, @alexweprin, Bloomberg, Reuters, New York Post, Hollywood Reporter, MediaNama, MacRumors, @azalben, @cnbc, @hadas_gold, @jake_kanter, @wsj, Business Insider Australia, UPROXX, @mattyglesias, @pkafka, The Verge, @darrenrovell, Omega Underground, @kalyeena, @pkafka, @wsj, @matthewstoller, @danprimack, @jonerlichman, @chrisblundell, @domknight, AOL, The Week and abc7news.com
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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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