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12:20 PM ET, December 17, 2021

Mediagazer

 Top News: 
Wall Street Journal:
Documents and sources: WaPo execs weigh how to attract young readers and expand features content as the outlet faces a slump in readership and subscriber growth  —  News outlet's audience is down sharply, amid sector-wide declines; subscription growth has stagnated as readers look beyond politics
Gerry Smith / Bloomberg:
CNN plans to pull its original series off HBO Max and put them on its own streaming service, CNN+, which a source says has a planned March debut for $5.99/month  —  - News channel eyes $5.99 price and March launch date for CNN+  —  CNN plans to pull its original series off HBO Max and put …
Erik Larson / Bloomberg:
Judge lets Dominion go ahead with Fox suit as Fox had “countervailing evidence of election fraud” and says commentators' “hyperbolic” rhetoric can be defamatory  —  - Fox had enough information to know claims false, judge says  — Sean Hannity, Tucker Carlson also targets of lawsuit
Sara Fischer / Axios:
Spotify acquires Australian company Whooshkaa, which helps radio broadcasters and others turn existing content into podcasts and sell ads around them  —  Spotify on Thursday said it acquired Whooshkaa, a podcast technology platform that specializes in technology for radio broadcasters to turn existing content into podcasts.
Sara Fischer / Axios:
Alden sues Lee Enterprises, arguing Lee's board infringed on 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 …
Daniel Tilles / Notes From Poland:
Polish parliament passes bill that limits foreign ownership of media, affecting Discovery-owned TVN, which is critical of the government; the bill may be vetoed  —  A bill to restrict foreign ownership of Polish media was unexpectedly passed by parliament today.
Andrew Beaujon / Washingtonian:
Washingtonian Editor Michael Schaffer is leaving to write a weekly Politico column as a senior editor; Sherri Dalphonse becomes interim Washingtonian editor  —  He'll write a column about DC power.  The city magazine needs a new editor.  —  Washingtonian Editor Michael Schaffer will leave the publication to take a job at Politico.
Henry Meyer / Bloomberg:
Google loses a court appeal in Russia and faces daily fines following a lawsuit to unblock a YouTube account of a TV channel owned by a sanctioned Putin ally  —  - Google lost an appeal over suit to unblock a YouTube account  — U.S. technology giant says it's complying with U.S. sanctions
Washington Post:
The NYT's Project Veritas reporting has now been restrained for 28 days, 14 more than for the Pentagon Papers, although a judge on December 14 gave some leeway  —  Stephen J. Adler, who recently retired as editor in chief of Reuters, is chairman of the Reporters Committee for Freedom of the Press …
Inside Radio:
Survey of 2,000 US adult podcast listeners finds 52% increased listening time in the past six months, 76% listened to ads, and 73% took an action after an ad  —  Podcast listening is on the rise according to a new study from Acast in partnership with Nielsen.
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
Discussion: New York Times and Techdirt
 
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 More News: 
New York Times:
For over a year, female journalists in India were targets of an elaborate online scam offering work at Harvard, but who was targeting them and why is unknown
Todd Spangler / Variety:
Spotify rolls out a podcast ratings system that will let users rate a show from one to five stars only after listening to it
Alistair Gray / Financial Times:
Lord Rothermere secures enough shareholder votes to take Daily Mail and General Trust private at an £885M valuation
Discussion: Wall Street Journal
 Earlier Picks: 
Suzanne Vranica / Wall Street Journal:
Talent agency UTA acquires marketing and media consulting firm MediaLink, whose clients include NBCUniversal, AT&T, and Unilever, for $125M
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
Andy Greene / Rolling Stone:
Billboard report: Bruce Springsteen sells his publishing catalog to Sony Music and Sony Music Publishing for $500M
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
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy
 
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