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12:15 PM ET, December 16, 2021

Mediagazer

 Top News: 
Andy Greene / Rolling Stone:
Billboard report: Bruce Springsteen sells his publishing catalog to Sony Music and Sony Music Publishing for $500M  —  Bruce Springsteen has sold his publishing catalog to Sony for a reported $500 million, as Billboard reports.  —  The musician has sold his masters to Sony Music …
Washington Post:
NYT has now been restrained for 28 days in its Project Veritas reporting, 14 more than for Pentagon Papers, despite judge's clarification giving it more leeway  —  Stephen J. Adler, who recently retired as editor in chief of Reuters, is chairman of the Reporters Committee for Freedom of the Press …
Han Zhang / The Guardian:
Profile of Hu Xijin, editor of the Global Times, a nationalistic tabloid dubbed “China's Fox News”, as he becomes China's most famous propagandist on Twitter  —  Hu Xijin is China's most famous propagandist.  At the Global Times, he helped establish a chest-thumping new tone …
RELATED:
David Stanway / Reuters:
Hu Xijin announces his retirement as editor-in-chief of Global Times, which is published by CCP outlet People's Daily, but will stay on as a commentator  —  Hu Xijin, a prolific commentator who is China's best-known propagandist on the global stage, has announced his retirement as editor …
Discussion: New York Times and Techdirt
Reddit:
Reddit confidentially files its S-1 with the SEC for an IPO; the number of shares to be offered and the price range have yet to be determined  —  Reddit, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission …
Todd Spangler / Variety:
Spotify rolls out a five-star ratings system for podcasts that will only let users rate a show after listening  —  Spotify is borrowing a page from rival Apple with the addition of a five-star user ratings system for podcasts — a new tool for sorting through the more than 3.2 million podcast titles …
Suzanne Vranica / Wall Street Journal:
Talent agency UTA says it has acquired marketing and media consulting firm MediaLink, whose clients include NBCU, AT&T, and Unilever, for $125M  —  The Hollywood talent firm is buying the influential media consulting company as UTA seeks to grow its burgeoning marketing practice
Sara Fischer / Axios:
Alden sues Lee Enterprises, arguing Lee's board infringed company bylaws by denying Alden's request to nominate three board members due to paperwork issues  —  Alden Global Capital, a hedge fund known for consolidating local news companies for profit, is suing local newspaper company Lee Enterprises …
Alistair Gray / Financial Times:
Lord Rothermere secures enough shareholder votes to take Daily Mail and General Trust private at an £885M valuation  —  Great grandson of newspaper's founder wins enough shareholder support for takeover bid  —  Lord Rothermere has succeeded in his attempt to put the publisher …
Discussion: Wall Street Journal
Alexander Sammon / American Prospect:
Lobbyists for major companies and trade groups covered by DC-based Punchbowl News attended a Washington Football Team game as guests in the outlet's skybox  —  Where hosting a confab for lobbyists meets journalistic ethics  —  On Sunday afternoon, the Washington Football Team lost to the Dallas Cowboys …
 
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 More News: 
Meg James / Los Angeles Times:
Australia nominates Gina Cass-Gottlieb, a lawyer with strong ties to Rupert and Lachlan Murdoch, for new chairwoman of its competition watchdog agency
 Earlier Picks: 
Politico:
Some organizations with legislative interests are running print ads in Delaware's The News Journal to get their message in front of Biden
Lydia Moynihan / New York Post:
Sources: in the Group Nine-Vox Media merger, Group Nine was valued at $225M, down from $585M in 2016, and Vox was valued at ~$672M, down from $1B in 2015
 

 
From Techmeme:

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Mark Gurman / Bloomberg:
Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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