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4:25 PM ET, December 5, 2020

Mediagazer

 Top News: 
Alex Sherman / CNBC:
Inside WarnerMedia's transition to streaming: current and former execs say it was marred by rushed decision making, culture clashes, HBO brand confusion, more  —  - CNBC spoke with more than a dozen former and current WarnerMedia executives to gauge how John Stankey and Jason Kilar are progressing with HBO Max.
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Peter White / Deadline:
HBO Max Global head Andy Forssell says the service will expand to Latin America in mid-year 2021 and then Europe in 2021's second half; goal is 190 countries  —  HBO Max is looking to make original DC Comics-based content outside of the U.S. for the first time.
Jessica Toonkel / The Information:
Sources: WarnerMedia is weighing two new streaming services, with a subscription service based on CNN content in 2021 and a free entertainment service for 2022
Julia Alexander / The Verge:
Warner Bros. says it will release every single movie in 2021 simultaneously in theaters and on HBO Max in the US and stream them for one month
Peter Kafka / Vox:
Q&A with WarnerMedia CEO Jason Kilar on the logic behind simultaneous release of movies to HBO Max and theaters, economic fallout for talent, and Roku progress
Hamed Aleaziz / BuzzFeed News:
ICE has issued a subpoena demanding BuzzFeed News identify its sources for emails sent to ICE attorneys; EIC “emphatically rejects” requests for source info  —  “This is embarrassing for ICE,” the former acting director of the agency said.  “When you're trying to intimidate the press, you cross a line.”
Katie Robertson / New York Times:
Tribune Publishing, part-owned by Alden Global Capital, is closing the Hartford Courant's newsroom on Dec. 27; journalists will work remotely into 2021  —  The Hartford Courant, the Connecticut newspaper that has been in print since 1764, when it chronicled the locals' dissatisfaction with British rule …
Lucas Shaw / Bloomberg:
OnlyFans says it will generate $2B+ in sales in 2020, now has 85M users, is adding around 500K users a day, and is paying out $200M+ a month to its 1M+ creators  —  As Cardi B prepared the release for her new song “WAP,” she checked off all the usual components of her promotional plan …
Emily Bell / Columbia Journalism Review:
The remit of Facebook's Oversight Board is narrow by design and its 90-day time frame per case is too long, hindering its ability to have any lasting impact  —  This week saw the long-awaited public debut of Facebook's Oversight Board, a group of 20 eminent lawyers, human-rights experts …
Newslaundry:
India's Times Group says it will stop the publication of Pune Mirror and will relaunch Mumbai Mirror as a weekly, but both will have a “strong digital presence”  —  As 2020 draws to a close, the latest casualty in the rampant layoffs and closures in the print media is Mumbai Mirror and Pune Mirror.
Jon Brodkin / Ars Technica:
Mitch McConnell has moved to end debate on a Trump nominee that would deadlock FCC when Biden takes office and for months after, setting up a vote next week  —  Cloture motion could end debate and advance nominee to Senate vote next week.  —  Senate Majority Leader Mitch McConnell (R-Ky.) …
The Daily Beast:
Fox staffers say Porter Berry, EIC of FoxNews.com and former Hannity producer, has shifted the site's tone to mirror the channel's opinion content  —  According to insiders, Hannity and the network's right-wing opinion side have managed, as if by proxy, to influence the content of FoxNews.com, the channel's website.
Alex Norcia / Columbia Journalism Review:
Profile of Enrique Abeyta, a metalhead former hedge fund manager who has bought Revolver, Inked, and The Hard Times, expanding e-commerce with long-term goals  —  Enrique Abeyta, a former hedge-funder, goes all in on metalhead media  —  Matt Saincome was used to ignoring people.
Kayleigh Barber / Digiday:
Wired says 30% of revenue now comes via subscriptions and affiliate revenue, up from 20% earlier in 2020, as Black Friday and Cyber Monday boosted subscriptions  —  Black Friday and Cyber Monday (which has been stretched into a Cyber Week this year) were expected to be bountiful for Wired's affiliate e-commerce business.
Discussion: The Agency Side
 
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 Earlier Picks: 
Matt Negrin / Washington Post:
TV news networks, which have been slow to adapt to an era filled with bad faith, should use a litmus test for Republican guests: ask them whether Joe Biden won
Marc Tracy / New York Times:
Nicholas Thompson, editor in chief of Condé Nast's Wired magazine, has been hired as the new CEO of The Atlantic, starting in February
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Zack Whittaker / TechCrunch:
Hacking group GhostR claims it stole 5.3M records from World-Check screening database, used for KYC checks for sanctions and financial crime links, in March

 
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