Top News:
John Podhoretz / Commentary:
Shutting down the Weekly Standard is an intellectual and political crime that enables its parent company to harvest its subscriber base for another publication — The Weekly Standard will be no more. There is no real reason we are witnessing the magazine's demise other than deep pettiness …
Discussion:
Washington Post, New York Times, Mediaite, @jeffjarvis, @johnddavidson, @josephbottum, The Guardian, @dgreenbaum, @noahcrothman, @dcurtisj, @jbenton and The Week
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Oliver Darcy / CNN:
The Weekly Standard will publish its last edition on December 17 and shut down after 23 years — New York (CNN Business)The Weekly Standard, the magazine that espouses traditional conservatism and which has remained deeply critical of President Donald Trump, will shutter after 23 years …
Discussion:
@oliverdarcy, Breitbart, Adweek, The Wrap, Fortune, @oliverdarcy, PR Newswire, @maxboot, @edegnan, @rachaelbl, @farhip, The Hill, @oliverdarcy, @oliverdarcy, HuffPost, @jpodhoretz, @stephengutowski, @dhume, @cjane87, @sykescharlie, @mckaycoppins, @dylanbyers, @thehowie and @jpodhoretz
Nellie Andreeva / Deadline:
WarnerMedia names Kevin Reilly head of content and strategy for its streaming service; he will remain president of TBS, TNT, and CCO of Turner Entertainment — Kevin Reilly, President of TBS and TNT and Chief Creative Officer for Turner Entertainment, is expanding his role at WarnerMedia …
Discussion:
Hollywood Reporter, Variety, The Wrap, Broadcasting & Cable, Fast Company and @richbtig
Robert Channick / Chicago Tribune:
Source: Tribune Publishing ends talks to sell the company to McClatchy, with potential antitrust issues in Florida derailing a deal — A bundle of Chicago Tribune newspapers comes off the press May 16, 2016, at the Tribune's Freedom Center printing plant in Chicago.
Discussion:
Bloomberg, New York Post, BloombergQuint and @ruppelsive
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New York Times:
Behind the secret $9.5M CBS settlement with actress Eliza Dushku, who was written off the show Bull after her complaints about star Michael Weatherly's comments — In March 2017, Eliza Dushku, an actress known for her work on “Buffy the Vampire Slayer,” signed on to play a major role …
Discussion:
TVLine, The Wrap, Multichannel News, TVWeek.com, @koblin, CBS News, Slate, Vox, Fast Company, Vanity Fair, Jezebel, BloombergQuint, @kazweida, The Week, @moryan, @markberman, @ditzkoff, @rachelabramsny, @cadlymack, @jimrutenberg, @richbtig, @koblin, @dylanbyers, @dylanbyers, @jimwindolf, Broadcasting & Cable, Mashable, The A.V. Club, IndieWire and Variety
Dominic Patten / Deadline:
FX study: 2018 saw the release of 495 scripted original TV shows, with online streamers like Netflix accounting for the majority of them with 160 shows — Though down by a notch from FX boss John Landgraf's prediction earlier this year that there would be 520 scripted original shows in 2018 …
Discussion:
Los Angeles Times, Observer, Vanity Fair and @awolk
Eriq Gardner / Hollywood Reporter:
In a case that could serve as a warning to media, a district court judge rules Esquire's use of a photo of Trump crashing a wedding party was not fair use — Judge rejects proposition that personal images posted on social media are free grist for use by media companies.
Nick Romano / EW.com:
The lengthy copyright lawsuit over the Blurred Lines song ends, with an appeals court awarding Marvin Gaye's family ~$5M from Robin Thicke and Pharrell Williams — The lengthy legal battle over Robin Thicke and Pharrell Williams' “Blurred Lines” finally came to an end this week with a payday for the Marvin Gaye family.
Discussion:
Music Business Worldwide, BBC, The A.V. Club, Variety, Bloomberg Law, Observer and The FADER
Bloomberg:
Sources: Medium CEO Ev Williams had preliminary talks about buying New York Media, parent of New York Magazine; source said talks are “unlikely to progress” — - The Twitter co-founder says he wants to invest in media in '19 — Magazine publisher has been exploring its options this year
Discussion:
@business, @kinyanboy, @therealdvorak, @chronotope, @codybrown, @rafat, @ggreeneva, @ggreeneva, @surfbordt and @chaykak, more at Techmeme »
Brian Steinberg / Variety:
CBS will award $20 of the $120M earmarked for Les Moonves's severance package to 18 organizations that work to eliminate sexual harassment in the workplace — CBS Corp. said Friday it would award $20 million that was originally earmarked for severance for its former CEO, Leslie Moonves …
Discussion:
Broadcasting & Cable and Fast Company
link.nbcnews.com:
Sources: Verizon's Oath division will be laying off employees starting in Q1 2019; cuts will be 10% of Oath's 11.5K-person workforce — Verizon chief Hans Vestberg has set in motion a plan to start cutting jobs at his Oath media business in the first quarter of next year, two sources with knowledge of the company's plans tell me.
Discussion:
@dylanbyers
Jeanine Poggi / Ad Age:
Hulu is launching a new private programmatic marketplace for advertisers to buy its on-demand and TV inventory; the marketplace won't replace upfront deals — Hulu is further automating advertising on the streaming platform with a new private programmatic marketplace.
Ernst Pfauth / The Correspondent:
The Correspondent meets its crowdfunding goal of $2.5M and will launch a newsletter in January, hire staff starting in February, and launch site in mid-2019 — We will start publishing by mid-2019 — Ernst PfauthBlockedUnblockFollowFollowing — Dear founding members,
Discussion:
@jayrosen_nyu, HuffPost, @robwijnberg and @ejpfauth
Ted Johnson / Variety:
Nexstar settles with DOJ over the sharing of ad price rates among TV station owners that let them manipulate prices; six other groups settled last month — - National Enquirer Parent Admits to Making Karen McDougal Payments to Help Trump in 2016 Election — WASHINGTON — Nexstar Media Group …
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