Top News:
Peter Kafka / Recode:
Mic has laid off a majority of its 100-person staff ahead of Bustle acquisition; publisher Cory Haik has already left, sources say the cofounders will remain — The publisher is trying to sell the remainder of the company to Bustle Digital Group. — Mic is laying off the majority off …
Discussion:
New York Post, @levinejonathan, Nieman Lab, Fast Company, Variety, @kelseymsutton, CNN, HuffPost, @amyharvard_, @alexsteigrad, @s_m_i, @playoffs_dr_lic, The Hill, @thomaspagemcbee, @jamilsmith, Adweek, @chappelltracker, @mathewi, @zzzzaaaacccchhh, @madderka, @susanarendt, Splinter, @lukeoneil47 and @maghielse
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Tom Dotan / The Information:
Sources: Bustle is nearing a deal to buy Mic for less than $10M; Mic has raised $59.5M since 2013 — Bustle is nearing a deal to buy millennial news site Mic for less than $10 million, according to two people familiar with the matter. That price, which hasn't previously been reported …
Discussion:
@cityofthetown and @jessicalessin
Peter Kafka / Recode:
Sources: Mic.com is in talks to sell at least part of the company to Bustle, after Facebook ended a deal that could have earned Mic around $5M over 12 months — Sale talks started after Facebook ended a video deal with Mic. — Mic.com, a digital publisher with a millennial focus …
Discussion:
MediaPost, @mikeisaac, Adweek, @johndiesattheen, Gothamist, @tribranchvo, @zzzzaaaacccchhh, @shaig, @alexisohanian, @lukeoneil47, @emilybell, @joshsternberg, @rafat, @kifleswing, @kylepope, @maxwellstrachan, @ingridostby, @saschasegan, @kelseymsutton, @rafat, @jamesfdennin, @raju and Business Insider
Jason Schwartz / Politico:
Fox News has not tweeted since November 8 when it began an apparent boycott of Twitter, even with Tuesday's launch of its streaming service Fox Nation — The network hasn't tweeted since Nov. 8. — Tuesday was a red-letter day for Fox News: The launch of Fox Nation …
Discussion:
@maghielse, @candicechoi, @pvolpe, Media Matters for America and Associated Press
RELATED:
Margaret Sullivan / Washington Post:
Though Fox rebuked its personalities for appearing in campaign rallies and providing interviewees with scripts, it's unclear if formal ethics standards exist — There are ethical standards at Fox News, we're told. — But just what they are, or how they're enforced, is an enduring mystery.
Discussion:
@dabeard, @mattgertz, @ehananoki, @sulliview, @jessicagolds, @sulliview, @politico, @clydehaberman and @dmihalopoulos
Joshua Berlinger / CNN:
Independent news site Rappler and its founder, Maria Ressa, have been formally indicted on tax evasion charges by Philippine courts — Journalists are more important than ever — (CNN)Philippines news website Rappler and its chief executive have been indicted on tax evasion charges …
Discussion:
@karaswisher, RAPPLER, Committee to Protect …, @icfj and @rapplerdotcom
New York Times:
Text messages show how former CBS CEO Les Moonves tried to bury an old sex assault claim amid a probe that could decide whether he collects a $120M exit package — A trove of text messages details a plan by Mr. Moonves and a faded Hollywood manager to bury a sexual assault allegation.
Discussion:
Vox, TVNewser, @moryan, Business Insider, @moryan, VICE News, Newser, Women in the World, @moryan, @kateaurthur, @juddapatow, Fortune, @nytimesbusiness, @4lisaguerrero, @amychozick, CNN, @lizdday, @nprscottsimon, @claythinks, @mattdrange, @kimmasters, @jodikantor, HuffPost, @jfleming2870, @davepell, @rachelabramsny, @flitteronfraud, @jimrutenberg, @lam_barrett, @davidenrich, Broadcasting & Cable, Page Six, Vanity Fair, TV Tattle, TMZ.com, Mediaite, Deadline and The Wrap
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Alex Hern / The Guardian:
Facebook will exempt ads from eligible news outlets from its political ad archive in the UK, a policy it plans to extend to the US and Brazil pending UK tests — Social network to act against ‘dark adverts’ with compulsory disclaimers saying who paid — Every political advert on Facebook …
Discussion:
Facebook Media, Nieman Lab, TechCrunch, Ad Age, Axios, Multichannel News, BBC, @joshconstine, @joshconstine, Wall Street Journal, @digiphile, @jason_kint and @alexhern, more at Techmeme »
Wall Street Journal:
eMarketer: Amazon's ad revenue on pace to double this year to $5.83B, and the company is expected to collect 15% of US digital ads in 2020 — Its push challenges the big ad sellers, including Facebook, Google and TV networks — Amazon.com Inc. AMZN .01% handles nearly half of all online sales …
Discussion:
Inc.com, @gu881n5, @wsj and @ericfranchi
Julia Alexander / The Verge:
YouTube begins rolling out Stories, which last for seven days on its mobile app and can be viewed by everyone, to accounts with over 10,000 subscribers — Amid some concern from the community — YouTube is expanding its Instagram-like Stories capability to more creators today …
Discussion:
TechCrunch and @loudmouthjulia, more at Techmeme »
Rafat Ali:
Among the worst effects of the democratization of publishing is the perception that it is easy to be in media, whether it's building companies or careers — I have usually held unpopular views well enough, so I will go for it: it *should* be hard. Starting something in media, building in …
Discussion:
@rafat
Joseph Bernstein / BuzzFeed News:
Tucker Carlson was featured in 265 articles on the Daily Stormer between November 2016 and November 2018, about 10 times more than any other conservative pundit — It's no secret that Andrew Anglin, among the United States' most prominent white supremacists, loves Tucker Carlson.
Discussion:
Washington Post, @cwarzel, @goangelo, @charliearchy, @bernstein, Splinter and Contemptor
Mark Sweney / The Guardian:
Mail Online ad revenue overtakes print for first time, as publisher DMGT reports ad revenue of £122M for Mail Online and £119M for Daily Mail and Mail on Sunday — Website manages to hit milestone despite 13% slump in global audience — Mail Online's ad revenues have overtaken …
Discussion:
The Drum, Reuters, City A.M. and Financial Times
AllAccess.com:
Leon Neyfakh, a Slate reporter and host of the Slow Burn podcast, says he's leaving to launch a podcast on past political scandals in the first half of 2019 — SLATE reporter and “SLOW BURN” podcast host LEON NEYFAKH announced via TWITTER this morning that he is leaving SLATE and the podcast to launch a new podcast.
Discussion:
@leoncrawl, @gabrielroth, @leoncrawl, @leoncrawl, @leoncrawl, @leoncrawl and @leoncrawl