Top News:
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%+ — Disney's board of directors announced the move Sunday evening.
Discussion:
Variety, New York Times, Deadline, Wall Street Journal, The Walt Disney Company, Variety, Insider, CNBC, @theankler, Puck, Los Angeles Times, Axios, @scottgustin, NBC News, @jacobrubashkin, The Wrap, @stevekopack, @jbflint, Observer, @claireatki, @radrappy, The Ankler, @reedhastings, @bosnerdley, @carnage4life, @sherman4949, @micaburton, @superweeniehtjr, @latimes, @davejorgenson, @brianstelter, @big_business_, @panzer, @rickporter, @edmundlee, @zemthings, Media Play News, The A.V. Club, @morgantremaine, @sherman4949, @santucci, @gtwscar, @sdkstl, @joannastern, The Guardian, @jeff_delgado, @carnage4life, @anthony, @davidlsims, Newslit Daily, @richlightshed, @laurenthomas, @reckless, @levie, @megjameslat, @mattbelloni, @nycjim, Looper, @mgsiegler, GoldDerby, @benfritz, @karaswisher, @loudmouthjulia, @bmccandless, @benmullin, The Ringer, The Playlist, @perezhilton, @thr, @scottnover, @jeffrey_cane, @kimmasters, @parismartineau, @cgasparino, @molliedamon, @drewtailored, @jbflint, @karaswisher, @mgsiegler, @sarafischer, @carnage4life, @thatrebecca, @nkulw, @lucas_shaw, @lucas_shaw, Decider, Forbes, Transistori, Mediaite, Hot Girl Cinema, Popculturology, Bloomberg, Gizmodo, IndieWire, The Daily Beast, Barrett Media, CBS News and TechCrunch, more at Techmeme »
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CNBC:
CEO 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.
Discussion:
@benmullin, Next TV, Adweek, Deadline, Variety, The Wrap, @stupolitics, The Hollywood Reporter, Los Angeles Times, @ivanthek, @loudmouthjulia, @sherman4949, @davidpoland, IndieWire and @jyarow
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:
Puck, Variety, The Hollywood Reporter, Variety, Insider, Awful Announcing, Bloomberg, Sports Business Journal, @sherman4949, Axios, New York Post, Wall Street Journal, @samitsarkar, Deadline, @yashar, PRWeek, @claireatki, CNET, @robertmclaws, @jordiepoblete, SlashFilm, @sherman4949, Bounding Into Comics, Observer, Digital TV Europe, The Week, Looper, Adweek, Billboard, The Verge, Ad Age and The Hill
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 — Chief executive brought in Marvel, Star Wars and Fox - but he may now face job losses and cost cuts — Bob Iger is Disney's Mr Fixit.
Discussion:
New York Times, Financial Times, Financial Times, Los Angeles Times, Deadline, @annaknicolaou, Light Reading, The Wrap, @benmullin, @ericjackson, @esplanerd, @jeffmacke, Bloomberg, The Hollywood Reporter, @tvgrimreaper, New York Post, The Streamable, Vox, Next TV, Florida Politics, Associated Press, Insider, @parkscopejoe, @pkafka, @edgecliffe, NBC New York and ScreenRant
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 — His departure was revealed to staffers at the Warner Bros. Discovery-backed outlet's daily news meeting Monday.
Discussion:
TVNewser, Next TV, @anthony, The Wrap, Los Angeles Times, @claireatki, The Hollywood Reporter, Deadline, The Hill and Barrett Media
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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:
@hughhewitt, @edgecliffe, @hayekmg, @michaelsocolow, @benmullin, Fox News, @annaknicolaou, @frank_giustra and @soutikbbc
Jim Waterson / The Guardian:
The BBC's Qatar World Cup coverage ignored the opening ceremony, instead criticizing the treatment of migrant workers, corruption, and homosexuality bans — Coverage kicks off with focus on treatment of migrant workers and gay people, and corruption at Fifa
Discussion:
@binweevillie, Washington Post, Human Rights Watch, The Comeback, @rickoshea, @ainiladra, @bbcrosatkins, @jimwaterson, Front Office Sports, @piersmorgan, @bob_cart124, @graceonfootball, @kenroth, @dpjhodges, BBC, @scottygb, @graceonfootball, @fatimabarkatula, Different Strokes, @tiatia2000, @garylineker, @mattschiavenza, @sportingintel, @tomgara, Al Jazeera and The Guardian
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:
New York Times, New York Times, The Hill, @liz_a_harris, The Wrap, Wall Street Journal, CNN, Financial Times, Reuters, Variety, Deadline, @barronsonline, Los Angeles Times, The Guardian, Axios, @liz_a_harris, @kerrymflynn, @abrahamjoseph, Bloomberg Law, Bloomberg, The Bookseller, @billineastala, @joepompeo, @thelincoln, @benmullin, @adribbleofink, @svershbow, The Hollywood Reporter, Publishers Weekly, @gregvaneekhout, @ruthharrisbooks, @kathmschmidt, @adribbleofink and KRDO
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:
@jackshafer and @betsymorais
Pew Research Center:
A survey of US teens on social media: 80% feel closer to friends, 71% like showing creativity, 59% think its impact is neutral, and 38% are overwhelmed by drama — Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms
Discussion:
@pewinternet, CNET, @lrainie and @pewinternet
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 — A former girlfriend of the Duke of York will receive “substantial damages” from the publisher …
Max Tani / Semafor:
Sources: some WaPo opinion writers were taken aback when their new editor David Shipley recently suggested publishing editorials as Instagram comments or haikus — Washington Post opinion writers have mixed opinions of their new boss, David Shipley, after he delivered a mandate to write less …
Discussion:
@semafor and @beachwoodreport
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