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5:50 PM ET, October 11, 2022

Mediagazer

 Top News: 
Anna Merlan / VICE:
Leaked footage: Fox edited out Kanye West's bigoted and bizarre statements to Tucker Carlson about Jewish people, “fake children”, visions from God, and more  —  Motherboard obtained footage of Ye making bigoted statements about Jewish people and bizarre claims about “fake children …
Richard Lawler / The Verge:
CNN closes its “Vault by CNN” NFT project, opened in 2021 to let anyone “own a piece of history”, and plans to compensate users with FLOW tokens or stablecoins  —  You may have already forgotten about it, but Vault by CNN launched in the summer of 2021 as a marketplace …
Todd Spangler / Variety:
NBCUniversal partners with Meta to bring VR experiences to Quest headsets in 2023, from The Office, DreamWorks, Blumhouse, the Peacock streaming app, and more  —  Ready to mingle with the Dunder Mifflin gang in virtual reality?  —  Meta, looking to spark broader interest in VR …
Mark Stenberg / Adweek:
Bloomberg Media plans to stop serving open-market third-party programmatic display ads in 2023 and ditch Taboola recommendations, to improve the user experience  —  The publisher will use the inventory, in part, to promote other product offerings  —  The business news publisher Bloomberg Media …
Lesley Goldberg / The Hollywood Reporter:
Legendary Television places President Chris Albrecht on leave; an upcoming book details an incident at HBO where Albrecht allegedly disparaged a staff member  —  According to material viewed by THR from a forthcoming book about HBO, the former network chairman allegedly disparaged a staffer who took a settlement after he choked her.
Sara Fischer / Axios:
Over a dozen job openings hint TikTok plans to open fulfillment centers in the US as the company looks to build an “international e-commerce fulfillment system”  —  TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system …
Alex Barker / Financial Times:
The UK's Reach says the marketing blackout after the Queen's death sent print advertising down by almost a third and digital revenue down 8% in September 2022  —  Reach's print advertising drops by a third in September and digital revenues slide  —  The publisher of the Daily Express …
Discussion: Press Gazette and HoldtheFrontPage
Charlotte Tobitt / Press Gazette:
The Financial Times reports a £4.3M pre-tax profit in 2021, up from a £29M pre-tax loss in 2020, and a £31M operating profit on £438M of 2021 operating revenue  —  The Financial Times has reported a strong “rebound” from Covid-19 in 2021, returning to profitability and growing revenues by almost a fifth.
Discussion: @wturvill
Matthew Belloni / Puck:
Nikki Finke, who presented herself as a no-bullshit reporter, perverted the profession by blackmailing sources and weaponizing the internet to push her agenda  —  Finke presented herself as a no-bullshit reporter who kept Hollywood moguls honest, and we all found her copy completely irresistible.
RELATED:
Jon Lafayette / Next TV:
Nielsen Holdings closes its sale to a PE group led by Elliott Investment Management and Brookfield Business Partners, in an all-cash ~$16B deal including debt  —  Deal comes before Nielsen One rollout  —  Nielsen Holdings said that it completed its sale to a group of private-equity investors led …
Jairo Bolledo / RAPPLER:
Philippine Court of Appeals denies Maria Ressa and Reynaldo Santos' motion for reconsideration in their cyber libel case  —  (1st UPDATE) 'The ongoing campaign of harassment and intimidation against me and Rappler continues, and the Philippines legal system is not doing enough to stop it …
 
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 More News: 
Trefor Moss / Wall Street Journal:
Denmark-based Lego owner Kirkbi acquires NYC-based Brainpop, which makes short educational animated videos and other materials for US schools, for $875M
NBC News:
Baltimore prosecutors drop charges against Adnan Syed, a subject of the podcast Serial
 Earlier Picks: 
Sarah Perez / TechCrunch:
YouTube announces “handles”, letting creators identify their channel using the @username format across channel pages, video descriptions, comments, and Shorts
Samanth Subramanian / New Yorker:
How Narendra Modi's BJP and Hindu nationalist groups pressured Bollywood, Amazon Prime Video, and others into self-censorship and making nationalistic content