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:
Weekly Standard, Mediaite, Washington Post, Washington Post, National Review, @bretweinstein, @katrinanation, @jeffjarvis, @johnddavidson, @josephbottum, @dgreenbaum, @noahcrothman, @dcurtisj, @oliverdarcy, @jbenton, The Week, Slate, The Daily Beast, New York Times, Fortune and The Guardian
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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, @oliverdarcy, @oliverdarcy, The Week, @maxboot, @edegnan, @rachaelbl, @farhip, @jpodhoretz, @oliverdarcy, @dhume, @stephengutowski, @jpodhoretz, @mckaycoppins, @thehowie, @dylanbyers, @sykescharlie, @cjane87, Breitbart, PR Newswire, The Wrap, HuffPost, Newser and The Hill
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.
Discussion:
Forbes, Marketing Land, Digiday, @jonholm and AdExchanger
Mike Farrell / Multichannel News:
CBS launches local news streaming service, CBSN, which will stream coverage from major markets served by CBS's owned and operated stations, starting in New York — CBSN New York offers local news from CBS 2 and WLNY — CBS Television Stations and CBS Interactive have launched …
Discussion:
Broadcasting & Cable
Washington Post:
As digital media faces bigger hurdles, PitchBook numbers show investors on track to close 19 deals worth $130M in 2018; they closed 27 deals worth $206M in 2014 — Sites' reliance on Facebook, Google seen as a contributing factor. — As legacy news companies suffered tremors over the past decade …
Discussion:
@peterchoran
Lucas Shaw / Bloomberg:
Sources: China approves the release of more US films to meet its goal of 60B yuan in 2018 ticket sales; ticket sales for US movies in China are down 20% YoY — - Year-end window opened again to imports in bid to boost sales — Film authorities also responding to pressure from Hollywood
Discussion:
@lucas_shaw
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, @jasonhirschhorn, @richbtig, Broadcasting & Cable and Fast Company
Ryan Faughnder / Los Angeles Times:
The LA Times to produce a one hour prime-time news TV series for Charter's Spectrum News 1 channel, starting in February and airing Monday through Thursday — The Los Angeles Times will produce a prime-time news magazine television series for Charter Communications' recently launched Spectrum News 1 channel …
Dominic Patten / Deadline:
FX study: 2018 saw the release of 495 scripted original TV shows, with online streamers like Netflix accounting for 160 of them — 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, the 495 …
Discussion:
Los Angeles Times, @awolk, Vanity Fair and Observer
Ken Doctor / Nieman Lab:
Sources say that negotiations between Tribune and McClatchy ended mainly because McClatchy was offering $16.50/share and Tribune wants at least $18/share — What stopped the almost-done McClatchy purchase of Tribune Publishing? Two familiar words: Michael Ferro.
Discussion:
@niemanlab, @niemanlab, @ckrewson, @megjameslat, @smmills1960, @laura_nelson, Ad Age and The Wrap
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Jon Lafayette / Broadcasting & Cable:
Amazon makes NBA League Pass package available through Amazon's Prime Video Channels, offering regular-season out-of-market games for $29/month or $169 a season — Amazon has struck a deal to make the NBA League Pass package available through Amazon's Prime Video Channels.
Discussion:
Multichannel News
Brian Steinberg / Variety:
CBS will award $20M 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
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, CNN, The A.V. Club, Variety, Bloomberg Law and The FADER
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