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7:10 AM ET, December 5, 2018

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 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.
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 …
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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David Folkenflik / @davidfolkenflik:
NPR CEO Jarl Mohn and his wife Pamela will contribute $10M of their personal fortune to the network's fundraising drive ahead of its 50th anniversary in 2020  —  NEWS ABOUT NPR: NPR CEO Jarl Mohn announces he will step down at the end of his five-year term in June to become president emeritus to raise money for the network; contributing $10M from his own personal fortune. My story, up shortly.
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 …
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 …
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
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
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.
Todd Spangler / Variety:
Sources: as part of its restructuring, AT&T's Otter Media will manage Machinima and is laying off 10% of its staff across its properties  —  Otter Media, the digital-media company owned by AT&T, is undergoing a broad restructuring resulting in the layoff of about 10% of employees across …
Discussion: The Wrap
 
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 More News: 
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
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
Reuters:
To drive up traffic, Qutoutiao, a Chinese content aggregator, lets users earn digital coins by referring friends and playing games that involve reading stories
Discussion: Press Gazette
 Earlier Picks: 
Washington Examiner:
Clarity Media Group is relaunching the Washington Examiner magazine, with a new look and expanded coverage in bid to attract subscribers from outside DC
Charlotte Tobitt / Press Gazette:
Two Northern Irish investigative journalists arrested on fabricated charges by police feel like “pawns in state attack on press freedom”
Jessica Davies / Digiday:
The Financial Times says its new marketing services business, finalized over the last six months, will grow its paid content revenue by 30% per year
Shannon Liao / The Verge:
Tumblr says it will permanently ban adult content from its platform beginning December 17