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10:00 AM ET, November 17, 2020

Mediagazer

 Top News: 
Edmund Lee / New York Times:
Sources: News Corp is making a bid for Simon & Schuster; at least one offer for the publisher is for more than $1.7B, far above the minimum ViacomCBS had set  —  A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing.
Clio Chang / Columbia Journalism Review:
Profile of Substack, whose founders insist it is a platform, not a media company, and say there is less need for moderation as readers opt in to newsletters  —  Did a newsletter company create a more equitable media system—or replicate the flaws of the old one?
RELATED:
Wall Street Journal:
Sources: Hicks Equity Partners, a PE firm with ties to a co-chair of RNC, has held talks in recent months about acquiring and investing in Newsmax
Tina Nguyen / Politico:
The race between far-right media outlets like OANN and Newsmax over which will embrace Trumpism the most heats up, as Fox News gets blamed for Trump's defeat
Jeremy Fuster / The Wrap:
Universal signs with Cinemark to shorten theatrical window to 17 days, but films with $50M+ opening get 31 days, a new clause that sources say will apply to AMC  —  Nearly five months after Universal reached a deal with AMC Theaters to radically change the theatrical window and share …
Bijan Stephen / The Verge:
Kayleigh Barber / Digiday:
Reuters to roll out a hybrid events model in 2021, combining region-based networking with its virtual events, which saw attendance grow 1,400% from Jan. to Oct.  —  This article is part of the Future of Work briefing, a weekly email with stories, interviews, trends and links about how work, workplaces and workforces are changing.
Discussion: Talking Biz News and @ericdanetz
Svea Herbst-Bayliss / Reuters:
Filing: Elliott Management, which took a $3.2B stake in AT&T in 2019 and pushed for leadership and strategy changes, has liquidated its investment  —  BOSTON (Reuters) - Elliott Management, which last year took a $3.2 billion stake in AT&T T.N and pushed the company to sell some assets …
Discussion: @swanniontv
Aditya Chunduru / MediaNama:
India's Ministry of Information and Broadcasting tells digital news media outlets to reduce their foreign investments to 26% by October 15, 2021  —  Digital news outlets have until October 15, 2021 to reduce their foreign investments to 26%, the Ministry of Information & Broadcasting announced on Monday.
Max Willens / Digiday:
Flipboard says its commerce revenue is five times higher than it was in 2019, and its affiliate commissions should generate at least $1M in revenue this year  —  Flipboard has spent 2020 making itself more commerce-friendly.  —  One year after running tests around shopping holidays including Mothers …
Discussion: @kerrymflynn
Natalie Jarvey / Hollywood Reporter:
Hulu says it will raise the price of its Hulu+ Live TV service from $55 to $65 per month on December 18  —  The streamer's live TV bundle will cost $10 more per month going forward.  —  Hulu's live TV bundle is getting more expensive.  —  The streamer is raising the price …
Jeremy Fuster / The Wrap:
Patricia Escárcega, LA Times' first Latinx food critic, denounces the paper, accusing it of paying her significantly less than her white male counterpart  —  Los Angeles Times food critic Patricia Escarcega denounced the newspaper in a Twitter thread on Sunday, accusing her employers …
 
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 More News: 
Zheping Huang / Bloomberg:
Baidu says it will buy Joyy's Chinese livestreaming business YY Live, which touts 4M paying users who can tip their favorite performers, for ~$3.6B
Elaine Low / Variety:
NBC's co-president of scripted programming Tracey Pakosta is leaving the company to join Netflix as its head of comedy
Tim Baysinger / The Wrap:
Beatrice Springborn, most recently VP of content development at Hulu, named as the new president of NBCUniversal's Universal Content Productions
Discussion: Hollywood Reporter and Variety
 Earlier Picks: 
Ashley Carman / The Verge:
Facebook now lets any page admin submit images and videos for rights protection, which helps creators monetize their content and may lead to more takedowns
Kate Storey / Esquire:
Over a dozen CNN insiders, including Wolf Blitzer, Dana Bash, and Abby Phillip, on how CNN covered the longest and most dramatic Election Week in recent memory
Jennifer Maas / The Wrap:
WarnerMedia says HBO Max will be available on Amazon Fire devices from November 17
Financial Times:
Privacy campaigner Max Schrems files complaints in Spain and Germany claiming Apple's IDFA ad tracking tools unlawfully track users without consent
Ben Smith / New York Times:
Interview with President Macron on free speech and secularism, as he accuses the English-language press of “legitimizing” the violence of terrorist attacks