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, The Week, @meganmurp, The Wrap, CNN, Broadcasting & Cable, Variety, @miriamelder, @hunteryharris, @poniewozik, @yashar, @nytimes, @slack2thefuture, New York Post, TMZ.com and Mediaite
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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:
The Week
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 …
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Recode, Adweek, @jonfriedman, Wall Street Journal, @jasondashbailey, @shiraovide, @jacobfeldman4, @dkthomp, Broadcasting & Cable, The Ringer, The Week, Slate, Fast Company, Vulture, Observer, Ad Age, Hollywood Reporter, Business Insider, Decider, BuzzFeed, Vanity Fair, Fortune, The Wrap, Bleeding Cool, /Film, Variety, TechCrunch, Deadline and Exstreamist, more at Techmeme »
David Folkenflik / NPR:
NPR CEO Jarl Mohn will step down at end of his five-year term in June 2019, move to new role fundraising for the network ahead of its 50th anniversary in 2020 — NPR's chief executive, Jarl Mohn, announced Tuesday he would step aside next June at the end of his five-year term to focus …
Discussion:
@davidgura, @elisewho and @nprinskeep
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Oliver Darcy / CNN:
Sources: Weekly Standard EIC told staff the magazine's future is uncertain after parent MediaDC told Standard leadership it was no longer interested in its sale — New York (CNN Business)The fate of The Weekly Standard, the conservative magazine that has staked out a position as a publication …
Discussion:
Vox, Mediaite, @giladedelman, Politico, @oliverdarcy, @maxboot and @timodc
Julianna Goldman / The Atlantic:
“Anti-Mom bias” is keeping working mothers out of the TV news industry, with bosses unwilling to accommodate female correspondents with children — For female television reporters, the decision to have kids can be a career-ending one. — It was the only time I had cried in front of one of my bosses at CBS News.
Discussion:
@erikwemple, @judywoodruff, CNN, @foxreports and TVNewser
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.
Variety:
Landmark Theaters sold to Cohen Media Group for an undisclosed price, after speculation about possible purchase by Netflix or Amazon — Arthouse specialist Landmark Theatres has been sold by Todd Wagner and Mark Cuban to Cohen Media Group for an undisclosed price.
Discussion:
The Wrap
Matt Scuffham / Reuters:
Thomson Reuters says it plans to cut 12% of its workforce, or 3,200 jobs, over next two years and reduce its number of global offices by 30% to 133 by 2020 — TORONTO (Reuters) - Thomson Reuters Corp (TRI.TO) said on Tuesday that it will cut its workforce by 12 percent in the next two years …
Discussion:
@darkwyr, @northmantrader, @elanazak, @brianstelter, MediaPost, Talking Biz News and The Wrap
Nicholas Quah / Vulture:
Serial's Season 3 surpassed 50M downloads last week to become the podcast's biggest show ever — Serial published the ninth and final episode of its third season last month, concluding its spectacular ethnographic journey into the heart of the American criminal-justice system as experienced through the city of Cleveland.
Discussion:
Nieman Lab and @serial
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 …
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 …
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