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8:05 AM ET, December 16, 2021

Mediagazer

 Top News: 
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:
Hi 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 …
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 …
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  —  Vox Media and Group Nine are keeping the value of their merger private — and that may be because the number isn't as eye-popping …
Ashley Carman / The Verge:
With podcasts selling for millions of dollars, smaller advertisers say they're getting priced out as ad costs soar and relationships become more impersonal  —  This story is part of a group of stories called  —  Füm is the type of product that traditionally sells well through podcast ads.
Garett Sloane / Ad Age:
Ad exchange OpenX agrees to pay $2M to settle FTC claims it collected data from children and users who chose not to be tracked; OpenX says it was unintentional  —  Regulatory action puts spotlight on real-time internet ad markets, data sharing and children's privacy
Sara Guaglione / Digiday:
Q&A with Sara Silverstein, TheStreet's new EIC, on plans to broaden the audience of investors for The Arena Group's financial publication, and more  —  Last week, former Business Insider (now Insider) editor at large Sara Silverstein headed to TheStreet, the financial publication owned by The Arena Group …
Discussion: @ichartny
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
Politico:
Some organizations with legislative interests are running print ads in Delaware's The News Journal to get their message in front of Biden
 Earlier Picks: 
Sarah Ellison / Washington Post:
Joe Nocera sues former employer Bloomberg News, seeking earnings from The Shrink Next Door, an Apple TV+ series based on his podcast of the same name
Reuters:
Smartmatic and Dominion seek communications from Rupert and Lachlan Murdoch in their defamation lawsuits against Fox News over election rigging claims
Ben Fox / Associated Press:
AP Executive Editor Julie Pace urges DHS to say why it investigated reporter Martha Mendoza and assure that the “apparent abuse of power” will not continue
Axios:
The Guardian has 1.6M+ paying readers, of which 1M make recurring payments for digital content, 100K are print subscribers, and 500K make one-off donations
Katie Robertson / New York Times:
Former THR co-president Janice Min and Richard Rushfield form Ankler Media, expanding The Ankler, Rushfield's paid Substack newsletter about Hollywood