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1:10 PM ET, December 2, 2020

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 Top News: 
J. Clara Chan / The Wrap:
After Project Veritas founder James O'Keefe called in to a morning CNN editorial call with Jeff Zucker, CNN says it has referred the incident to law enforcement  —  CNN said it is involving “law enforcement” after James O'Keefe, the founder of the right-wing group Project Veritas …
Matthew Cunningham-Cook / The Intercept:
The Intercept publishes a statement of principles for its freelancers, facilitated by the Freelance Solidarity Project of the National Writers Union  —  The Intercept is committed to producing journalism that exposes abuses of power and treating all who contribute to the news outlet with fairness and respect.
Benjamin Mullin / Wall Street Journal:
Hodinkee, a site featuring news and reviews about watches, raises $40M from LVMH Luxury Ventures, TCG, Tom Brady, and others, source says at a $100M+ valuation  —  As Tom Brady, LVMH Luxury Ventures and TCG step in, Hodinkee founder Benjamin Clymer will cede CEO duties after more than a decade at the center of the watch world
Michelle Gao / CNBC:
Discovery to launch its streaming service, Discovery+, in Jan. 2021, with a $4.99 per month ad-supported tier and a $6.99 per month ad-free tier  —  - Discovery will launch its streaming service, Discovery+, in Jan. 2021.  — The service will include a $4.99 per month ad-supported tier and a $6.99 per month ad-free tier.
Wall Street Journal:
Sarah Perez / TechCrunch:
YouTube upgrades Premieres, which gives scheduled videos a landing page, with trailers, themes, and live stream pre-shows that later redirect to the main event  —  YouTube today is launching three new features designed to improve its “Premieres” experience, including trailers, themes …
Suzanne Vranica / Wall Street Journal:
GroupM expects marketers to spend $110.1B on digital ads in the US this year, accounting for more than half of the year's total ad spend for the first time  —  Digital ads to account for more than half of year's U.S. advertising expenditures for first time  —  For the first time …
Ashley Carman / The Verge:
Spotify says Anchor powered 80% of its new podcasts, or 1M+ shows, in 2020; overall, Anchor powers 70% of Spotify's total podcast catalog of over 1.9M shows  —  Anchor powered more than 1 million show launches in 2020  —  Spotify's $100 million-plus Anchor acquisition is seemingly paying off.
Tony Romm / Washington Post:
Trump threatened in a tweet on Tuesday to veto the annual defense bill, which authorizes nearly $1T in military spending, unless Congress repeals Section 230  —  President Trump on Tuesday threatened to veto an annual defense bill authorizing nearly $1 trillion in military spending unless Congress opens …
Shirley Zhao / Bloomberg:
Netflix is planning to double spending on original content in Asia in 2021 to stay ahead of Disney+, Amazon Prime Video, and regional challengers Viu and WeTV  —  - U.S. giant facing stiff competition in crowded Asian market  — Streaming companies luring Asian viewers with cheap packages
Discussion: CNBC
 
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 More News: 
Etan Vlessing / Hollywood Reporter:
WarnerMedia names Jennifer Biry as CFO, replacing Pascal Desroches, who will be moving into the role of CFO at AT&T
Discussion: The Wrap, Variety and WORLD SCREEN
Ruth Margalit / Columbia Journalism Review:
The scattering and shrinking of physical newsrooms due to COVID-19 diminished serendipity and collaboration, but increased opportunity for diverse staffs
 Earlier Picks: 
Charlotte Tobitt / Press Gazette:
Hearst exec says UK subscriptions rose 233% YoY in March as readers made use of subscription trials; after abandoning them in April, orders still rose 100% YoY
Jim Waterson / The Guardian:
Facebook to launch its dedicated News tab in the UK in Jan., says it will pay outlets for content selected by Facebook staff; most big UK outlets have signed up
Newmark J-School:
CUNY's Black Media Initiative launches a new map and directory tracking nearly 300 Black media outlets, including newspapers and digital outlets, across the US