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11:10 AM ET, November 22, 2022

Mediagazer

 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.
RELATED:
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.
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%+
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” …
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?
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.
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
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.
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 …
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.
Todd Spangler / Variety:
CNN hires Insider CTO Alex Charalambides as its CTO, replacing Robyn Peterson; Charalambides will partner directly with CNN Digital chief Athan Stephanopoulos  —  CNN hired Alex Charalambides, most recently chief technology officer at digital media firm Insider Inc., as its new CTO.
Discussion: Adweek
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
RELATED:
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
 
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 More News: 
Austin Carr / Bloomberg:
As Elon Musk throws around the phrase “citizen journalism” like a clueless media baron, his Twitter plan sounds like Forbes' infamous unpaid contributor network
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
Liz Neisloss / GBH:
Boston-based public media outlet GBH names former National Geographic Editor-in-Chief Susan Goldberg as its next CEO, starting December 1
 Earlier Picks: 
Press Gazette:
Associated Newspapers will pay “substantial damages” to Koo Stark, an ex-girlfriend of Prince Andrew, for calling her a “porn star” in a 2019 Daily Mail article