Top News:
CNBC:
Bob Iger tells employees Disney plans to restructure in the coming weeks, starting with the departure of Kareem Daniel, its head of media and entertainment — - Kareem Daniel, Disney's head of media and entertainment — and right hand to now-departed CEO Bob Chapek — is out at the company.
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CNBC:
Sources: Disney board rehired Bob Iger after complaints from senior leadership, including CFO Christine McCarthy, about Bob Chapek's management of the company — - Disney's board reached out to Bob Iger on Friday about coming back as CEO. — Senior Disney leadership had concerns with Chapek's management of the company.
Discussion:
The Hollywood Reporter, Wall Street Journal, @kimmasters, @sherman4949, Insider, Insider, Sports Business Journal, Variety, Fortune, @jordiepoblete, Financial Times, @hedgeyecomm, Financial Times, @sarthakgh, @ericjackson, @yashar, @carlquintanilla, New York Post, @samitsarkar, @loudmouthjulia, @robertmclaws, @claireatki, CNN, MediaPost, Bloomberg, @pucknews, @loudmouthjulia, @sherman4949, Los Angeles Times, Deadline, Axios, The Ringer, SlashFilm, PRWeek, Looper, Bounding Into Comics, Observer, CBS News and Broadband TV News
Mark Sweney / The Guardian:
As Bob Iger becomes CEO ahead of the launch of an ad-supported Disney+ tier in the US, he will find his second tenure marked by job losses and cost cutting
Alex Weprin / The Hollywood Reporter:
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 5%+
Discussion:
Insider, @jbflint, Variety, Puck, @theankler, Wall Street Journal, New York Times, Axios, @stevekopack, NBC News, The Walt Disney Company, The A.V. Club, Variety, @jacobrubashkin, Deadline, @scottgustin, Axios, @claireatki, @edmundlee, @kantrowitz, @megjameslat, @loudmouthjulia, @benmullin, @benfritz, @perezhilton, @superweeniehtjr, @mgsiegler, @mgsiegler, @reedhastings, Deadline, @nkulw, @davidlsims, @bosnerdley, The Wrap, @sherman4949, @cgasparino, @joannastern, @jeffrey_cane, The Wrap, @radrappy, @anthony, @richlightshed, @lucas_shaw, @mattbelloni, @sherman4949, @laurenthomas, @nycjim, CNBC, @brianstelter, Looper, @levie, @karaswisher, @parismartineau, @thatrebecca, @morgantremaine, @carnage4life, @big_business_, @davejorgenson, @karaswisher, @sdkstl, @carnage4life, @gtwscar, @sarafischer, @jbflint, @thr, Media Play News, The Playlist, @rickporter, @molliedamon, @jeff_delgado, @panzer, @kimmasters, @zemthings, @reckless, @edmundlee, @lucas_shaw, @scottnover, @drewtailored, @latimes, Newslit Daily, @carnage4life, @bmccandless, The Streamable, @santucci, @micaburton, GoldDerby, CNET, NBC New York, Decider, Associated Press, Digital TV Europe, Mediaite, CNBC, Puck, The Week, Digital Journal, Forbes, New York Post, Transistori, Adweek, Popculturology, Vanity Fair, Ad Age, Reuters, Billboard, Next TV, The Verge, Bloomberg, Light Reading, ScreenRant, CNN, Gizmodo, TVLine, The Daily Beast, IndieWire, The Hill, Fortune, Sportico and TechCrunch
Joseph Bernstein / New York Times:
A look at journa.host, a Mastodon server for journalists begun by Planet Money's Adam Davidson, currently with ~2,000 members and $12,000 in Tow Center funding — Journa.host promises to be a new “reliable home for journalists.” What happens when they move in?
Discussion:
@nytimes, Nieman Lab, @ibjiyongi, @vprasadmdmph, @nickconfessore, @moorehn, @jayrosen_nyu, @rumpfshaker, @anildash, @tomgara, Fox News, @dceiver, @sergenyt, @tomfitton, The Markup, Read Max and Journalism.co.uk
The Daily Beast:
Sources: the AP fires James LaPorta, the reporter behind a retracted Nov. 15 story based on one unnamed source that alleged Russian missiles crossed into Poland — The Associated Press scared much of the world last Tuesday when it alerted readers that “a senior U.S. intelligence official” …
Discussion:
Washington Post, The Hill, @anthony, @swin24, @dwdavison, @gabrielmalor, Newser, The Desk, @zsk, @jose_pagliery, @bradmossesq, @jayrosen_nyu, @corbinbolies, @mattgarrahan, Fraud and Hubris, @nathanbrandwa, @thedailybeast, @mattgarrahan, @jonathanvswan, @dellcam, @marykostakidis, @sameralatrush, @nuclearanthro, @michaelstahlke, @mitchprothero, @jessewashington, Mediaite and New York Post
Deutsche Welle:
Six ex-Apple Daily staff, including its EIC and publisher, plead guilty to conspiracy to foreign collusion by calling for sanctions on Beijing and Hong Kong — The staffers of Apple Daily are involved in a landmark case under a Beijing-imposed national security law.
Discussion:
Associated Press and Reuters
Lauren Hirsch / New York Times:
Concerned that a merger with Fox would undervalue News Corp, some investors raise concerns with a special committee of independent board members — Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
Discussion:
@nooneunscripted, @benmullin, @maynereport, Deadline and Talking Biz News
Mike Calia / CNBC:
Paramount Global scraps its $2.2B deal to sell Simon & Schuster to Penguin Random House and says Penguin must pay a $200M termination fee — - Paramount Global said Monday it scrapped its $2.2 billion deal to sell book publisher Simon & Schuster to rival Penguin Random House.
Discussion:
Observer, @liz_a_harris, New York Times, Vanity Fair, New York Times, @barronsonline, @nytimesbusiness, @qianjuliewang, @sarahw, @thedailybeast, @hughes_chris, @thelincoln, @adribbleofink, @gregvaneekhout, @kerrymflynn, @joepompeo, @abrahamjoseph, @svershbow, @kathmschmidt, Associated Press, @ruthharrisbooks, The Week, Deadline, Wall Street Journal, @adribbleofink, @liz_a_harris, @billineastala, @benmullin, Axios, CNN, Financial Times, Reuters, Variety, Bloomberg, Publishers Weekly, Bloomberg Law, The Bookseller and Reuters
Adam Piore / Columbia Journalism Review:
A profile of Justin Smith and Ben Smith and a look at their partnership leading Semafor, which Politico founder Robert Allbritton calls “Axios for FT people” — Justin Smith and Ben Smith are not related, nor did it seem likely that they'd ever become partners; the first time they met, it didn't go so well.
Discussion:
Kausfiles, @jackshafer and @betsymorais
Tom Kludt / Vanity Fair:
Sports media, which has traditionally strained to avoid politics, grapples at the Qatar World Cup with how to handle human rights concerns and protests — Reporters and broadcasters are grappling with how to handle human rights concerns, political protests, and unusual restrictions …
Discussion:
Reuters, Financial Times, bookforum.com, Bloomberg, The Guardian, What It Is, The Athletic, @vanityfair, Fox News, Newser, Mashable, Boing Boing, CBS News and The Guardian
Murray Stassen / Music Business Worldwide:
UMG's classical music label Deutsche Grammophon launches streaming service Stage+ for €14.90 per month, offering live premieres, music videos, and documentaries — Universal Music Group-owned Deutsche Grammophon, which claims to be the world's oldest record label, just launched its own high-res classical music streaming service.
Discussion:
Billboard, Complete Music Update, @mcelhearn, Digital TV Europe, Broadband TV News, Digital Music News and Music Ally
Garett Sloane / Ad Age:
Sources: Elon Musk picked Chris Riedy, Twitter's VP of Europe, Middle East, and Africa, as its new head of ad sales, following Robin Wheeler's departure — Chris Riedy, who has been with the company for more than 10 years, takes over the ad team and partnerships
Discussion:
Insider, @maureen2, @krafttea, @digitalshields, @garettsloane, Insider and @larakiara
Eric Zuckerman / @ericzuck:
[Thread] Eric Zuckerman, Twitter's head of US news partnerships, leaves the company after seven years — After an amazing 7 years, last week was my last at Twitter. As we begin this Thanksgiving week, I want to give thanks to all the people I'm grateful to have shared this journey with...
Discussion:
@ssalga1, @seandkennedy, @larakate and @adams
Financial Times:
A look at Chris Licht's plans to turn CNN around, as the executive says it is “bullshit” and a big misconception that his vision is to be a “vanilla” centrist — Chris Licht, the network's recently appointed chief executive, is preparing a fresh approach to news and deep job cuts after a slump in revenues
Discussion:
The Wrap, Mediaite, The Hill, @johnnydollar01, @hughhewitt, @edgecliffe, @hayekmg, @michaelsocolow, @frank_giustra, @annaknicolaou, @benmullin, @soutikbbc and Fox News
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Brian Steinberg / Variety:
Memo: Michael Bass, CNN's longtime programming chief who was one of three executives who led CNN after Jeff Zucker's ouster, plans to leave at the end of 2022
Discussion:
The Hill, Digital TV Europe, TVNewser, @claireatki, @anthony, Los Angeles Times, Next TV, Deadline, The Wrap and The Hollywood Reporter
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