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10:00 AM ET, December 2, 2020

Mediagazer

 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 …
RELATED:
Jem Aswad / Variety:
Joe Rogan is Spotify's most popular podcast globally and NPR News Now is in the US with The Daily, Call Her Daddy, and Michelle Obama's podcast in the top five
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:
Sources: 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.
more at Techmeme »
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 …
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  —  She succeeds Pascal Desroches at the Hollywood conglomerate as it focuses more on its HBO Max streaming service.  —  Jennifer Biry has been named as the new chief financial officer for WarnerMedia.
Discussion: The Wrap
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
Julia Alexander / The Verge:
TikTok is reportedly testing longer, three-minute videos  —  A length that feels more in line with YouTube videos  —  Brevity is the soul of wit — and the heart of TikTok — but the company wants to see if giving people the ability to record longer videos is something its creators want to explore.
Kelsey Sutton / Adweek:
Nielsen: workers increased their TV watching time between 9am and 4pm by 21% YoY; kids between 6 and 17 also saw double-digit increases in TV watch time  —  Altered viewing patterns during Covid-19 present new reality for advertisers  —  As people continue working and attending school remotely …
Discussion: @adweek, MediaPost and nexttv.com
Leia Idliby / Mediaite:
The Drudge Report, once a supporter of Trump's rise to the presidency, featured a Photoshopped image of the president in an orange prison jumpsuit on Tuesday  —  Matt Drudge, the head of influential news aggregator Drudge Report, featured an image of President Donald Trump in a prison jumpsuit on his website.
Tony Romm / Washington Post:
Trump threatened in a tweet on Tuesday to veto the annual defense bill, authorizing 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 …
Amanda Meade / The Guardian:
ABC accuses Morrison government of using News Corp to attack its journalism after the Australian received government questions for ABC before it received them  —  Government tactics criticised after the Australian newspaper briefed about a series of Coalition questions meant for the ABC before the broadcaster even received them
 
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 More News: 
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
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
Sean O'Neill / Skift:
Red Ventures, which owns CNET and travel advice site The Points Guy, has acquired travel media company Lonely Planet from NC2 Media
The New York Times Company:
NYT says it has raised $4M for Headway, a three-year journalistic venture, which will aim to produce 10-12 deeply researched, data-rich projects per year
 Earlier Picks: 
Jim Waterson / The Guardian:
Ofcom approves launch of Rupert Murdoch's opinionated TV news channel, News UK TV, which, sources say, will be an evening-only service
Sara Fischer / Axios:
TCG, the Chernin Group's venture subsidiary, is investing $30M in Surfline, a mostly subscription-based media company that focuses on surfing coverage
Amanda Carpenter / The Bulwark:
Fox News primetime lineup and its fringy lower-tier knockoffs have become the actual leaders of the GOP, setting the party agenda and acting as its “war room”
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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time, reaching a valuation of $2.15T after rising 10% on April 26, its biggest one-day jump since July 2015

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure
 
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