Top News:
Andrew Wallenstein / Variety:
Penske Media announces it has acquired controlling stake in Rolling Stone parent Wenner Media at a valuation just over $100M; BandLab retains 49% stake — Penske Media Corporation has acquired a controlling interest in Wenner Media, parent company of the iconic magazine Rolling Stone, the company announced Wednesday.
Discussion:
Recode, USA Today, New York Times, Blog Network, Financial Times, Talking New Media, @joehagansays, Deadline, Talking Biz News, @harmonicait, Mediawire, @awallenstein, @brianstelter, Fortune, @brianstelter, The Wrap, @tedgioia, The Drum, CNNMoney, @joepompeo, @joepompeo, @pkafka, @pkafka, @rafat, @jank0, @lucas_shaw, @nycjim and @jeremymbarr
Facebook Design:
Facebook to stop using “disputed” labels on false news, will show fact checks as Related Articles after tests proved the latter method resulted in fewer shares — Scrolling through News Feed, it can be hard to judge what stories are true or false.
Discussion:
Facebook, USA Today, CNNMoney, BuzzFeed, New York Magazine, Digital Trends, The Daily Caller, Mashable, Gizmodo, Business Insider, The Verge, @stuartbruce, TechCrunch, Bloomberg, Associated Press, @dseetharaman, @s_m_i, @mantzarlis, @sarahfrier, @mantzarlis, @digiphile and @craigsilverman, more at Techmeme »
Esquire:
A look at the consequences of Trump's win for elite conservative media, notably for the WSJ, whose editorial pro-Trump stance has prompted a journalistic exile — In 2016, a group of Republicans broke ranks with their party to try to stop Donald Trump from winning the presidency.
Discussion:
New York Magazine, Mediaite, Politico, @jonathanchait, @swin24, @anneapplebaum, @mlcalderone, UPROXX, Mark Larson, Media Matters for America and Talking Biz News
ProPublica:
Job ads aimed at age groups on platforms including Facebook raise questions of age discrimination, prompt lawsuit; Amazon, LinkedIn change methods after query — Among the companies we found doing it: Amazon, Verizon, UPS and Facebook itself. “It's blatantly unlawful,” said one employment law expert.
Discussion:
The Hill, Vanity Fair, New York Magazine, Fast Company, The NewsGuild - CWA, @ericuman, UPROXX, Boing Boing, @dankennedy_nu, @jontalton, @inajaffenpr, Gizmodo, @nytimes, @jayrosen_nyu, Mashable, The Next Web, @noamscheiber, @dicktofel, @propublica, @roncharles, The Verge, @noamscheiber, @dangillmor, AdExchanger, @ariana_tobin and @digiphile, more at Techmeme »
RELATED:
Rob Goldman / Facebook:
Facebook says aged-based targeting for employment is an accepted industry practice, disagrees with allegations that the ads are discriminatory — Our view on age-based targeting for employment ads — In the last year ProPublica has uncovered a number of different flaws in our advertising systems.
Discussion:
@rickwebb, USA Today, Washington Post, @aprilaser and Peter O'Kelly's Reality Check, more at Techmeme »
Sydney Ember / New York Times:
New York Times says Glenn Thrush will remain suspended until late January, removes him from White House beat after allegations of inappropriate sexual behavior — The New York Times said on Wednesday that Glenn Thrush, one of the paper's most prominent political reporters …
Discussion:
Washington Post, Blog Network, Daily Wire, Vox, @dankennedy_nu, Fortune, @nytimespr, Splinter, New York Post, @lkmcgann, @jordanschachtel, @mattwelch, Newser, @ezraklein, @jessicavalenti, AOL, @banditrandom, @mikeelk, Payday Report, @ericacbarnett, iMediaEthics, Mediaite, @amy_siskind, @ericacbarnett, thecut, The Daily Caller, @libbyanelson, @lauren_kelley, @sarahjeong, @sfpelosi, @emilyjashinsky, @lpackard, @onesarahjones, @shakestweetz, @armandodkos, @studentactivism, @laura_hudson, @galloface54, @pauldebenedetto, @deenashanker, @clapifyoulikeme, @angryblacklady, @tinamorphis, @astrokatey, @queenmab87, @annielowrey, Axios, Business Insider, @mlcalderone, @ezraklein, @jpodhoretz, @lkmcgann, @mlcalderone, @moorehn, @moorehn, @erinbiba, @dylanmatt, @libbycwatson, @doree, The Wrap, @swin24, @brianstelter, @annielowrey, @lauraolin, @jabogen, @moorehn, @mattyglesias, @nytimesbusiness, @mekosoff, @annielowrey and @annielowrey
Steven Perlberg / BuzzFeed:
How Rupert Murdoch is preparing to battle Sinclair Broadcasting in light of the Disney-Fox deal and the pending Sinclair-Tribune merger — The billionaire media mogul is selling off his entertainment empire to focus on holdings like Fox News. But there is still another media rival for Murdoch …
Karl Bode / DSLreports:
Comcast hikes up monthly prices for premium channels, streaming service, most pay TV services, and increases its broadcast TV fee and cost of hardware rental — Comcast is joining Dish, Cox and DirecTV in informing customers that they'll be paying significantly more money for the same service in the new year.
Discussion:
@masspirates, @jonsteinberg, @matthewstoller, @profcarroll, @matthewstoller and @jaycaruso
Nick Statt / The Verge:
Mozilla releases Firefox for Fire TV, touts ability to launch popular video sites like YouTube amid Amazon-Google feud over YouTube access on Amazon's devices — An alternative workaround to the Amazon-Google feud — Amid Amazon and Google's bitter and self-defeating feud over the right …
Discussion:
Gizmodo, Amazon.com, @lime124, @sdaswani, The Mozilla Blog, CNET, VentureBeat and TechCrunch, more at Techmeme »
Jem Aswad / Variety:
Universal Music Group and Facebook sign multiyear deal to license UMG's recorded music and publishing catalogs across Facebook, Instagram, and Oculus — Facebook and Universal Music Group today announced a global, multi-year agreement under which UMG becomes the first major music company …
Discussion:
TechCrunch, Reuters and The Verge, more at Techmeme »
Mark Epstein / Wall Street Journal:
Google and Facebook's dominance in digital advertising and news discovery in the US is a threat to diversity of ideas in the country — A political website pulled an article after Google's AdSense team threatened to withdraw advertising. — 'A monopoly on the means of communication," …
Alex Kantrowitz / BuzzFeed:
A look at the complications Facebook faces as it increases its content moderation efforts to fight misinformation, much of which happens opaquely — Earlier this year, a simple Facebook search for Mark Zuckerberg's name returned an unexpected result: an image of the Facebook founder …
Discussion:
@kantrowitz, @marcjgoldberg, @talsz, @matt_cagle and @kantrowitz, more at Techmeme »