Top News:
Brooks Barnes / New York Times:
Sources: Jason Kilar is negotiating his departure as CEO of WarnerMedia, after being kept in the dark about the deal with Discovery until recent days — Jason Kilar has hired a legal team to negotiate his departure as chief executive of WarnerMedia, according to two people briefed on the matter.
Discussion:
MediaPost, Fast Company, @rebeccaarubin, Variety, @brooksbarnesnyt, The Week, Digital TV Europe, @film_girl, @karaswisher, Transistori, @rolandsmartin, @danprimack, @borys_kit, @theericgoldman, @mattbelloni, @_christopherm, @katierosman, ScreenRant, @mattzeitlin, @jbenton, @sherman4949, @davidpoland, @sherman4949, @richardlnewby, @mchenryjd, @grynbaum, @panzer, @brianstelter, @richlightshed, CNN, @jbflint, The Streamable, Heroic Hollywood, FierceVideo, The Verge, TechCrunch, @richlightshed, Cord Cutters News, @optionshawk, Talking Biz News, @arcadegirl64, @mediumbuying and Gizmodo
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Sara Fischer / Axios:
Sources: David Zaslav is staying on as Discovery CEO at least through 2027 and will bring most of his Discovery C-suite execs to lead the joint venture — David Zaslav will stay on as Discovery CEO through at least 2027, leading the massive joint venture with WarnerMedia announced on Monday, sources tell Axios.
Hollywood Reporter:
John Stankey and David Zaslav discuss their vision for the WarnerMedia deal, saying the company will have a content spend that exceeds most competitors at $20B — AT&T chief John Stankey and Zaslav, who will lead the new venture, also addressed the status of WarnerMedia CEO Jason Kilar and the future of CNN.
Discussion:
CNBC, @loudmouthjulia, Hollywood Reporter, @thr, @thr, @jbflint, @thejannissary, @felixsalmon, @stevekovach, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, @alexweprin, @loudmouthjulia, @loudmouthjulia, @loudmouthjulia, Observer, The Playlist, Awful Announcing, @kimmasters and IndieWire
Lillian Rizzo / Wall Street Journal:
WarnerMedia-Discovery merger puts pressure on rivals without enough scale, like NBCUniversal, which sources say viewed WarnerMedia as a possible target — Deal to combine media businesses comes as competitors race to bulk up streaming content to lure viewers fleeing pay TV
Discussion:
@asharma, @loudmouthjulia, @lucas_shaw, Fast Company and @rasmussen_poll
Brian Stelter / CNN:
AT&T to spin off WarnerMedia and combine it with Discovery in a $43B deal; the new company will be run by Discovery CEO David Zaslav
Discussion:
New York Times, Axios, Los Angeles Times, The Wrap, Columbia Journalism Review, New York Times, Variety, Axios, Washington Post, @sherman4949, @frankpallotta, @claireatki, Variety, CNN, Poynter, The Week, The Wrap, Los Angeles Times, New Republic, The Ringer, The Information, Hollywood Reporter, Variety, Insider, @senblumenthal, @sherman4949, @brianstelter, @jbarro, @loudmouthjulia, @kerrymflynn, @lucas_shaw, @lucas_shaw, @lucas_shaw, @sadogre, @lucas_shaw, @nycsouthpaw, @gadyepstein, @pkafka, @hblodget, MediaPost, @karlbode, @andrearene, @benyt, @panzer, @mattdraperyt, @thetruebrendanf, @magsvisaggs, @jeremymbarr, Discovery, Inc., @dylanbyers, @dylanbyers, @jasonlynch, @sherman4949, @loudmouthjulia, @mims, @cnbc, @digitalshields, @erikdavis, @pkafka, @rakeshlobster, @karaswisher, @ditzkoff, @keithboykin, @cgasparino, @edmundlee, @brianstelter, @jackmirkinson, @frankpallotta, @nichcarlson, @awallenstein, @jbflint, @scottporch, @sherman4949, @zakiscorner, @thatjakepc, Forbes, @cgasparino, @gracerandolph, @backlon, @pkafka, @sarafischer, @richlightshed, @w7voa, @alexweprin, @carnage4life, @mbgelman, Scrawler, @sherman4949, @sherman4949, @loudmouthjulia, @kerrymflynn, @sherman4949, @brazilbrian, @brianstelter, @richlightshed, @sivavaid, @sherman4949, IndieWire, @loudmouthjulia, @brianstelter, CNBC, @sherman4949, @lucas_shaw, @jimwaterson, ScreenRant, Den of Geek, Vanity Fair, @oliverdarcy, Digiday, The Hill, Fast Company, Variety, Gizmodo, /Film, Protocol, Bloomberg, AppleInsider and Mediaite, more at Techmeme »
The Information:
Source: Amazon is in talks to acquire MGM for between $7B and $10B, in what would be its biggest move to expand into entertainment — Amazon is in discussions to acquire MGM, said a person familiar with the situation, in what would be the ecommerce giant's biggest move yet to expand in entertainment.
Discussion:
CNN, Variety, @nickwingfield, Observer, MediaPost, Los Angeles Times, Forbes, New York Times, The Verge, Financial Times, Cord Cutters News, The Wrap, @great_katzby, @ericjhonsa, @mossanimation, @cinesnark, C21Media, @awallenstein, @richlightshed, @daniel_toloko, @loudmouthjulia, The Desk, @pkafka, @great_katzby, Insider, CBR, MarketWatch, Reuters, Deadline, IndieWire, Bloomberg, Front Office Sports, The Week, Engadget and AppleInsider, more at Techmeme »
Tyler Falk / Current:
After an outside investigation, New York Public Radio has fired On the Media host Bob Garfield for violating its anti-bullying policy — New York Public Radio has fired On the Media host Bob Garfield for violating its anti-bullying policy, the organization said Monday.
Zack Zwiezen / Kotaku:
In a letter to management, 66 IGN staffers demand a post listing Palestinian charities be reinstated after its removal, saying editorial integrity was subverted — Today, the IGN editorial staff published an open letter decrying Sunday's removal of an IGN article and its associated tweet …
Discussion:
@satchelldrakes, @meaganmarie, @the_katbot, @genepark, @agentbizzle, @gameapologist, @adequateemily, @theericgoldman, @tanumb_, @kotaku and A. Khaled's Blog
RELATED:
Zack Zwiezen / Kotaku:
After publishing and removing an article listing Palestinian charities, IGN says it didn't mean to make it seem “we were politically aligned with one side”
Discussion:
Medium, Washington Post, @heyrowanellis, @inkydojikko, @duckvalentine, @jasonschreier, @stephentotilo, @armanddoma, @hollywood_labor, VICE, @tha_rami, @tha_rami, @scully1888, @tropicalmaku, @dannyodwyer, @andyplaytonic, @austin_walker, @iyagovos, @papapishu, @mattbinder, @charalanahzard and Axios
Paul Karp / The Guardian:
Australian high court is hearing a case on whether News Corp and Fairfax Media are responsible for defamatory third-party comments on their Facebook pages — News Corp and Fairfax Media challenge ruling they are liable for defamatory comments on their Facebook posts
Discussion:
@paul_karp
Brad Bender / The Keyword:
Google News Showcase launches in India with 30 news publishers; the Google initiative is now running in more than a dozen countries — At a time when the need for access to trustworthy information is critical, we are announcing a slew of investments to support India's large and diverse news industry.
Discussion:
The Indian Express, MediaNama and 9to5Google
Alexandra Bruell / Wall Street Journal:
VideoAmp, which helps brands measure ad campaigns across digital and traditional TV, raises $75M in debt financing; source: it expects $80M in revenue this year — Ad-tech company wants to expand its share of the digital and traditional media measurement pie
Lindsey Ellefson / The Wrap:
Vice News names its news director Michael Learmonth as new EIC, filling a role that has been vacant since 2019 — Michael Learmonth was named Vice News' new editor in chief Monday, filling a role that has been vacant since 2019. He was promoted from news director, a job he held since 2016.
Discussion:
@katiedrumm, @delrey, @mccarthyryanj, @kenli729, @learmonth and MediaPost
Jonathan Easton / Digital TV Europe:
Digital TV Research: pay TV revenue will fall from $173B in 2020 to $143B in 2026 across 138 countries; US revenue to fall from $80B in 2020 to $57B in 2026 — Global pay TV revenues are set to drop by US$30 billion over the next five years as cord cutting continues to prove decisive for the industry.
Discussion:
Broadband TV News, WORLD SCREEN, TV Technology, MediaPost and Advanced Television
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