Top News:
New York Times:
CBS draft report says former CEO Leslie Moonves destroyed evidence and misled investigators to preserve his reputation and save his $120M severance deal — Facing multiple sexual misconduct allegations and fearing his career as an entertainment titan was over, Leslie Moonves …
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New York Times:
Draft CBS board report describes Les Moonves' oral sex with subordinate, transactional sexual relationships with employees, board member awareness of assault — A 59-page draft report produced by lawyers for CBS's board contains new details and allegations about Mr. Moonves, the company's former chief executive.
Discussion:
Business Insider, The Week and The Wrap
Oliver Darcy / CNN:
Sources: The Weekly Standard's future is uncertain, after months of searching for a buyer; parent company MediaDC has requested a meeting with staff next week — New York (CNN Business)The fate of The Weekly Standard, the conservative magazine that has staked out a position as a publication …
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Jane Coaston / Vox:
Weekly Standard staffers say parent company MediaDC has tried to sabotage the publication over its anti-Trump stance, mine it for assets for Washington Examiner — “This is not about dwindling subscribers. This is about strip-mining TWS for its assets." — The future of the conservative magazine …
Discussion:
Hit & Run, Politico and Washington Examiner
Joe Pompeo / Vanity Fair:
Source: Vox Media's 2018 revenues are projected to increase 15%-18% YoY, with the company planning to charge for certain content across its sites — Vice, Vox, and BuzzFeed, among other companies that once heralded the dawn of a new media age, are now grappling with decidedly old-media problems.
Discussion:
@dylanmatt, @laurenrabaino, @jonathanvswan, @choire, @akm1410, @rafat and @williams_paige
Edmund Lee / New York Times:
Sources: Netflix paid $100M to license Friends in the US from AT&T's WarnerMedia through 2019, up from $30M/year, ahead of AT&T's 2019 streaming service launch — Are Netflix and “Friends” on a break? — The answer is no — for now. Reruns of Joey's thespian trials …
Discussion:
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Christopher Palmeri / Bloomberg:
Viacom CEO Bob Bakish says the network is debuting niche video-streaming services using existing content and that there's no merger deal with CBS underway — - ‘We like the configuration we have,’ Bob Bakish says — Viacom Inc. Chief Executive Officer Bob Bakish, facing fresh speculation …
Brooks Barnes / New York Times:
The Hollywood Reporter unveils the Young Executives Fellowship, a two-year job training program to train 25 underrepresented LA high school kids per year — LOS ANGELES — Stung by fierce criticism about a lack of diversity on both sides of the screen, movie studios have scrambled …
Discussion:
@nytimesbusiness, @brooksbarnesnyt and @kimmasters
Sam Dolnick / New York Times:
How a New York Times story by Sam Dolnick about an octogenarian drug mule inspired “The Mule”, a new Clint Eastwood movie — When I started reporting on an octogenarian drug mule, I had no idea it would inspire a Hollywood film. — Times Insider delivers behind-the-scenes insights …
Christopher Palmeri / Bloomberg:
Strauss Zelnick, interim chairman of CBS, says he is “unequivocally” uninterested in taking the CEO job permanently — Strauss Zelnick, interim chairman of CBS Corp., said he's definitely not interested in becoming the media giant's chief executive officer, refuting rumors that have been circulating for weeks.
Anthony Ha / TechCrunch:
Acast, a Swedish podcast platform that helps podcasters make money through advertisements, raises $35M Series C from a group of European investors — Podcasting has grown tremendously in recent years, and a Stockholm-based company called Acast is looking to help all those podcasters make money.
Discussion:
VentureBeat, more at Techmeme »
Associated Press:
Mexican journalist Jesus Marquez Jimenez, who denounced politicians' ties to drug cartels, was killed the same day the country's new President was inaugurated — MEXICO CITY (AP) — Mexican authorities have confirmed that a journalist was found slain in the Pacific coast state of Nayarit.
CNN:
Australian police have arrested a man over the disappearance of his ex-wife 36 years ago, following revelations in a true crime podcast about the case — (CNN)Police in Australia appear to be closer than ever to solving a murder mystery that started with the sudden disappearance …
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