Top News:
Shawn McCreesh / New York Magazine:
BuzzFeed News' union holds a walkout after two years of contract negotiations, as shareholders approve a plan to take the company public via a SPAC — BuzzFeed shareholders will vote today to take the company public via a merger with a special-purpose-acquisition company, or SPAC.
Discussion:
Puck, @bernstein, New York Times, @bfnewsunion, CNN, @shawnmccreesh, Nieman Lab, @aaschapiro, @alexweprin, @alexweprin, @alexweprin, Los Angeles Times, @edgecgroup, @jackmirkinson, @juliareinstein, @louispeitzman, @felixsalmon, @nicolegoodkind, @walldo, @brfreed, @leavittalone, @emilybell, @o_ema, @matt_on_tech, @hamiltonnolan, @cwarzel, @joeperticone, @zoetillman, @wirecutterunion, New York Times, @sarafischer, @shockleysmith, @addysbaird, @jbenmenachem, @morroweric, @choire, @bcmerchant, @stevenbeynon and @mtredden
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Wall Street Journal:
Sources: BuzzFeed is expected to receive a fraction of the $287.5M held by the SPAC it is merging with as some investors pull out — The withdrawals are expected to substantially reduce digital media outlet's cash on hand; BuzzFeed is expected to receive a fraction of the $287.5 million held by SPAC
Discussion:
Axios, New York Post, @benmullin, TechCrunch, @bmorrissey, @shawnmccreesh and @wsj
Carlos Greer / New York Post:
Ex-Shape staffers say they worked 375 unpaid overtime hours on the new Sweet July magazine, were laid off, and then asked to return as temps for the next issue — Laid-off Meredith staffers have soured on the publishing company's new Sweet July magazine — helmed by Food Network star Ayesha Curry.
Discussion:
@meredithunion, @chactivist, @tatejamesdotcom, @cnbenton1, @chactivist, @meredithunion, @jackdickey, @niemanlab, @nyguild and @pagesix
Mathew Ingram / Columbia Journalism Review:
Journalists and activists worry Twitter's new privacy policy will be weaponized and make their jobs harder, due to vague terms like “the public interest” — On Tuesday, Twitter said it is expanding its privacy policy to include what the company calls “private media.”
Discussion:
@chadloder, Washington Post, @krisgoldsmith85, @chadloder, @chadloder, Reason, @blackamazon, @timheuer, @dkiesow, @jsource, @evacide, @mathewi, @dkiesow, @donlday, @vv1lder, @llauralouisiana, @evacide, @krisgoldsmith85, @berkmanonlyfans, @blackamazon, @jeffjarvis, @therikeys, @chadloder, @billyarmagh, @bobarchambault, @ericajoy, @kimcrayton1, @kenny_wallace, @k_trendacosta and Input
Reid J. Epstein / New York Times:
Two Georgia election workers sue the far-right website Gateway Pundit for defamation over its false claims that the two manipulated ballots in 2020 — The two Georgia workers were falsely accused of manipulating ballots by Trump allies and right-wing news sites. Election officials said the workers did nothing wrong.
Discussion:
Reuters, Mediaite, Georgia Public Broadcasting, NBC News, Newser, @mattortega, @oneunderscore__, @oneunderscore__, @oneunderscore__, @oneunderscore__, @oneunderscore__, The Hill, @cliffordlevy, @patrickdmarley, @slpng_giants, @tripgabriel, @simonowens, @tripgabriel, @tripgabriel, @kyleorangio and @tripgabriel
Caroline Davies / The Guardian:
Associated Newspapers, which owns the Mail on Sunday, loses its appeal for publishing Meghan Markle's letter to her estranged father, its second loss this year — ANL had brought appeal after duchess sued publisher over articles relating to letter she sent to estranged father
Jack Suntrup / St. Louis Post-Dispatch:
Emails: Missouri officials planned to thank the St. Louis Post-Dispatch for finding a data vulnerability before they threatened a reporter, calling him a hacker — JEFFERSON CITY — Before blaming the Post-Dispatch, the Department of Elementary and Secondary Education was preparing to thank …
Discussion:
Mediaite, @bradheath, @shipwreckedcrew, @brentajones, @derekwillis, @mmasnick and @doylemurphy
Bron Maher / Press Gazette:
Meta adds £5.9M over two years and 18 trainee spots to its UK Community News Project, which pays for reporters' salaries and training — Meta, the tech giant behind Facebook, is putting an additional £5.9m into its Community News Project collaboration in the UK over the next two years.
Alistair Gray / Financial Times:
The Rothermeres raise their bid to take Daily Mail and General Trust private by £35M, valuing the publisher at £2.75B; shareholders must decide by December 16 — Family's ‘final’ bid raises offer by £35m and, including dividends, values DMGT at about £2.75bn
Discussion:
Reuters, Bloomberg and The Guardian
Washington Post:
A coalition of news outlets sides with Steve Bannon in fighting to keep court documents public ahead of his case for refusing to testify before Congress — A coalition of news organizations, including The Washington Post, has sided with former Trump White House adviser Stephen K. Bannon …
Discussion:
Daily Mail, Vanity Fair, New York Times, @froomkin, @julie_kelly2 and The Hill
Mia Sato / The Verge:
Five major education publishers sue Shopify for $500M+ over failing to remove pirated textbooks and other content that violate their trademarks and copyrights — Textbook pirates are selling stolen learning materials on the platform, according to a lawsuit
Discussion:
Publishers Weekly and Wall Street Journal, more at Techmeme »
Radhika Anilkumar / Reuters:
Canadian video platform Rumble, popular with right-wing users, will go public via a SPAC at a $2.1B valuation and expects to raise around $400M — Canadian video platform Rumble Inc said on Wednesday it would go public by merging with blank-check firm CF Acquisition Corp VI (CFVI.O) at an initial enterprise value of $2.1 billion.
Discussion:
@silvermanjacob, @justinhendrix and @rubinreport, more at Techmeme »
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