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.
Discussion:
Jon Lafayette / Next TV: Bob Iger Wastes No Time With Reorganization at Disney
Caitlin Huston / The Hollywood Reporter: Kareem Daniel to Exit Disney as Bob Iger Unwinds Chapek Era Structure
Dade Hayes / Deadline: Kareem Daniel Exits Disney As Bob Iger Sets Restructuring Of Media And Entertainment Distribution Division
Khristopher J. Brooks / CBS News: Here's what CEO Bob Iger must do to revive Disney's magic
Thomas Barrabi / New York Post: Bob Iger ousts ex-Disney CEO's top lieutenant Kareem Daniel in major shakeup
Drew Taylor / The Wrap: Bob Iger's Disney To-Do List: The 7 Biggest Things the Returning CEO Needs to Fix Now
@fangirlcantina: “Iger announced Daniel's departure in a memo to employees Monday along with a “new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs.” Some Star Wars/Marvel mention in article. https://www.cnbc.com/...
Stuart Rothenberg / @stupolitics: Wow. Again. Still. https://www.cnbc.com/...
David Poland / @davidpoland: How'd it take so long?!?! Disney CEO Bob Iger plans media restructuring, Kareem Daniel to leave https://www.cnbc.com/...
@ivanthek: It's gonna take a lot to convince me Iger hasn't been thinking about this for months. https://twitter.com/...
Alex Sherman / @sherman4949: Bob Iger just sent a memo to employees — confirming two things we expected. Kareem Daniel is leaving the company and DMED will be reorganized. Read the full memo here. https://www.cnbc.com/...
Julia Alexander / @loudmouthjulia: The most inevitable move in the Game of Bobs. https://twitter.com/...
Jay Yarow / @jyarow: Iger moving quickly. Big re-org coming. Full memo here soon: https://www.cnbc.com/...
Brian Welk / IndieWire: Kareem Daniel to Exit Disney as Bob Iger Returns
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.
Discussion:
The Hollywood Reporter, Wall Street Journal, @kimmasters, @sherman4949, @jbflint, Insider, @sunnyright, Insider, Sports Business Journal, @richlightshed, Variety, @hedgeyecomm, @sarthakgh, Fortune, @ericjackson, @carlquintanilla, @loudmouthjulia, New York Post, @samitsarkar, @yashar, @jordiepoblete, @robertmclaws, Financial Times, Financial Times, @claireatki, CNN, MediaPost, @pucknews, @loudmouthjulia, @sherman4949, Bloomberg, Los Angeles Times, Deadline, Axios, The Ringer, SlashFilm, PRWeek, Looper, Bounding Into Comics, Observer, CBS News and Broadband TV News
Discussion:
@kimmasters: Here it is. Some board members were ready to fire Chapek in June... https://www.hollywoodreporter.com/ ...
Alex Sherman / @sherman4949: Latest details with how Disney's surprise exec swap went down this weekend. Chapek and his inner circle were totally surprised and continue to be, I'm told. Can also confirm some senior leadership expressed no confidence in him recently. https://www.cnbc.com/...
Joe Flint / @jbflint: Financial bookkeeping nugget in this story regarding Disney+ and a “reverse windows” programming strategy in effort to make bottom line of streamer look better. One more thing that concerned Disney CFO Christine McCarthy about Chapek regime. https://www.wsj.com/...
Insider: Bob Iger's return to Disney is fueling concern over future CEO succession plan: ‘People would struggle to write down three names inside Disney’ who could step up
Sunny McSunnyface / @sunnyright: It sounds like Chapek was finally fired after he gave an upbeat phone briefing to investors despite awful earnings reports. He had also managed to alienate the company's animation divisions and the CFO https://www.wsj.com/...
Madeline Berg / Insider: Disney CEO Bob Iger's pay package is valued at $27 million a year
John Ourand / Sports Business Journal: SBJ Media: Iger's ESPN questions
@richlightshed: @espn quite a nugget @JBFlint @WSJ wonder how many legacy media companies pull similar financial engineering tactics #notgood https://www.wsj.com/... https://twitter.com/...
@hedgeyecomm: Yup... $DIS “He is said to have warned at a board meeting in December 2021 in New York, just before he left the company, that the culture of Disney could be transformed negatively and rapidly. It was the last time he spoke to Chapek.” https://www.hollywoodreporter.com/ ... via @thr
Sar Haribhakti / @sarthakgh: “Bob Iger messed up succession at Disney for 15 years. When he finally did it, it was a colossal mess-up. It's extraordinary that [Iger] is the guy they chose to come back. It speaks to his reputation and the board's lack of options and ineptitude.” https://www.hollywoodreporter.com/ ...
Christiaan Hetzner / Fortune: How a Disney senior staff rebellion put the final nail in Bob Chapek's CEO coffin
Eric Jackson / @ericjackson: They called [Chapek] and said, 'You're out. Our lawyers will call your lawyers.' No statement from him, no comment from him, no grace. It's fucking insane." Incredible tick tock from @kimmasters https://twitter.com/...
Carl Quintanilla / @carlquintanilla: “.. Bob Iger messed up succession at $DIS for 15 years. When he finally did it, it was a colossal mess-up. It's extraordinary that [Iger] is the guy they chose to come back.” (via @THR @kimmasters @alexweprin) https://www.hollywoodreporter.com/ ...
Julia Alexander / @loudmouthjulia: Great report on what happened within the board between Bob 2 and OG Bob. Notably, one other name was floated as interim CEO: Nike Chairman Mark Parker. Fascinating new details from @kimmasters https://www.hollywoodreporter.com/ ...
Allie Griffin / New York Post: Disney CFO said she lacked confidence in CEO Bob Chapek before his ouster
Samit Sarkar / @samitsarkar: this is wild https://www.cnbc.com/... like, was the board just taking a shot in the dark on Friday? “hm, you think Iger would say yes? nahhhhh... aw, what the hell, let's give it a shot” “holy shit, he agreed?! quick, let's put out a press release before he changes his mind!”
@yashar: NEWS The Disney board reached out to Bob Iger on Friday and Chapek was out by Sunday. Chapek and his allies were blindsided. @sherman4949 @Lilliannnn report https://www.cnbc.com/... https://twitter.com/...
Jordie Poblete / @jordiepoblete: TLDR; Disney CFO Christine McCarthy not only led the charge to get Chapek fired, but did so because he was going to blame her for the poor Q4 financial results that Disney reported a few weeks ago. He previously did the same thing to Catherine Powell (now exec at Airbnb) in 2019. https://twitter.com/...
Robert McLaws / @robertmclaws: I mean, the dumb-ass head of an animation company said that animation was only for adults. Walt Disney was spinning in his grave. Last night, TikTok was filled with employees dancing in the parks, celebrating his banishment. Tells you everything you need to know. https://twitter.com/...
Francesca Friday / Financial Times: The Disney coup that brought down Bob Chapek
Claire Atkinson / @claireatki: New @lmoses + @Reedalexander Bob Iger's return to Disney is fueling concern over future CEO succession plan: ‘People would struggle to write down three names inside Disney’ who could step up. $DIS https://www.businessinsider.com/ ... via @businessinsider
Wayne Friedman / MediaPost: Iger's Disney Plan: Decentralize Creative Decision-Making — And Cut Back On Sports Rights?
@pucknews: A Sunday night dagger of a press release thanked Chapek for his service and promised Iger would lead #Disney for two years to “set the strategic direction for renewed growth.” “That's the C-suite version of death by firing squad,” writes @MattBelloni. https://puck.news/...
Julia Alexander / @loudmouthjulia: Highly recommend reading @MattBelloni piece for a great breakdown of what was, what is, and what the board would like to become. https://puck.news/... Going to thread some additional quick takes below now that I've slept on it. But more to come tomorrow once I think some more!
Alex Sherman / @sherman4949: An update here: Disney CFO Christine McCarthy was one of the executives that went to the board expressing no confidence in CEO Bob Chapek, sources say. McCarthy was Iger's CFO. She's held the position since 2015 and has a relationship with the board, I'm told. https://twitter.com/...
Thomas Buckley / Bloomberg: When Disney Decided to Dump its CEO, the Change Happened Fast
Deadline: Did Someone Save Disney's Life Last Night? Behind Bob Iger's Stunning CEO Return & What's Next For Media Giant
Alison Herman / The Ringer: Bob Iger Is Back at Disney
Danny Bojic / Looper: What Does Bob Iger's Return To Disney Mean For Star Wars?
John F. Trent / Bounding Into Comics: The Walt Disney Company Attempts To Solve Its Problems By Rehiring The Architect Of Those Problems, Bob Iger Returns As CEO, Bob Chapek Is Out
Rachyl Jones / Observer: Bob Iger Returns as Disney's CEO After Bob Chapek is Ousted Less than Two Years into the Role
Chris Dziadul / Broadband TV News: Bob Iger returns to head Walt Disney
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
Discussion:
Anna Nicolaou / @annaknicolaou: new: in recent weeks Disney executives including CFO Christine McCarthy have been approaching the company's board with concerns about Chapek. more details here w/ @JFK_America @alexebarker https://www.ft.com/...
Ryan Faughnder / Los Angeles Times: Bob Iger's Disney return was stunning. It was also totally predictable
@thewrap: The bombshell decision by the Disney board to replace Bob Chapek with Bob Iger came down to a big miss on quarterly earnings reported earlier this month, according to multiple individuals with knowledge of the situation. https://www.thewrap.com/...
@onetakenews: The Disney board reportedly held an emergency meeting on Saturday night to finalize Bob Chapek's removal and bring back Bob Iger as CEO. (via https://www.thewrap.com/...) https://twitter.com/...
@thewrap: In recent months, Iger has also let it be known to his close confidantes “that he thought Chapek was a mistake,” as a second insider put it. https://www.thewrap.com/... https://twitter.com/...
Brian Stelter / @brianstelter: “...It is going to be hard to live up to the reputation he built as the most formidable media CEO ever. And he's going to have a short runway to pleasing Wall Street, his staff, creative partners, and the audience. So much for going out on top.” https://view.newsletters.cnn.com/ ...
Ben Mullin / @benmullin: Earlier this year, a person close to Disney's board reached out to Kevin Mayer and Tom Staggs and floated a hypothetical question: Would one or both of them be interested in returning to run Disney? Both demurred (they're running a startup!) https://www.nytimes.com/...
Eric Jackson / @ericjackson: McCarthy is a good CFO https://twitter.com/...
Jeff Macke / @jeffmacke: Bob Iger is as stunned as Howard Schultz was when he was asked to come back to $SBUX. “Sure I've been plotting this since literally before I left but it's amazing how fast it came together for me” Iger didn't have to say. https://twitter.com/...
@esplanerd: She cut Chapek's portion size, which is probably good for Disney's waistline. https://twitter.com/...
Peter Kafka / @pkafka: “It's a very different landscape than even 18 months ago,” an executive at one of Disney's competitors texted to me. “Hopefully he can figure out the model. No one has yet.” https://twitter.com/...
Parkscope Joe / @parkscopejoe: painting a really dire picture of tWDC and I dunno how Iger handles this. https://www.ft.com/... https://twitter.com/...
@edgecliffe: Disney executives loyal to Bob Iger led an insurrection which prompted the board to oust Bob Chapek, @annaknicolaou, @JFK_America & @alexebarker report via @FT $DIS https://www.ft.com/...
@tvgrimreaper: The media loves them some Iger. “the takeover of Rupert Murdoch's Fox that helped arm Disney for a global streaming showdown with Netflix” Iger overpaid for a declining grab bag of dreck. https://twitter.com/...
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:
@jbflint, Insider, New York Daily News, Variety, Puck, @theankler, Looper, Wall Street Journal, @stevekopack, Axios, NBC News, @jacobrubashkin, The Walt Disney Company, New York Times, @scottgustin, Axios, @claireatki, Variety, @edmundlee, The A.V. Club, @kantrowitz, Deadline, @megjameslat, @loudmouthjulia, @benmullin, @benfritz, @perezhilton, @superweeniehtjr, @mgsiegler, @mgsiegler, @nkulw, @davidlsims, @reedhastings, @bosnerdley, @sherman4949, @cgasparino, @joannastern, @jeffrey_cane, The Wrap, @radrappy, @anthony, @richlightshed, @lucas_shaw, The Wrap, @mattbelloni, @sherman4949, @laurenthomas, @nycjim, Deadline, @brianstelter, @levie, @karaswisher, @parismartineau, @thatrebecca, CNBC, @morgantremaine, @carnage4life, @big_business_, @davejorgenson, @karaswisher, @sdkstl, @carnage4life, @gtwscar, @sarafischer, @jbflint, @thr, @rickporter, @molliedamon, @jeff_delgado, Media Play News, @panzer, @kimmasters, @zemthings, @reckless, @edmundlee, @lucas_shaw, @scottnover, @drewtailored, @latimes, The Playlist, @carnage4life, @bmccandless, @santucci, @micaburton, Newslit Daily, The Streamable, GoldDerby, CNET, NBC New York, Decider, Mediaite, Digital TV Europe, CNBC, The Week, Digital Journal, Puck, 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 and Fortune
Discussion:
Joe Flint / @jbflint: Bob Iger to Disney creatives: “Over the coming weeks, we will begin implementing organizational and operating changes within the company. It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are.” Kareem Daniels out
Claire Atkinson / Insider: Inside Bob Iger's return to Disney: A senior executive's outreach to the former chief followed months of complaints to the board about CEO Bob Chapek
Jessica Schladebeck / New York Daily News: Meta denies report that Mark Zuckerberg is stepping down as CEO
Matt Donnelly / Variety: ‘Disney Adults,’ Grown-Up Fans of Magic Kingdom, Are Rapturous Over Bob Iger's Return as CEO
Matthew Belloni / Puck: The Iger Shocker — Notes, intrigues, and analysis from across Hollywood on Iger's un-retirement …
@theankler: Keep an eye on what happens to Bob Chapek's deputy Kareem Daniel. In May, @NicoleLaPorte1 reported that “Bob Iger was less of a Daniel fan...viewing him as too much of a corporate suit” https://theankler.com/...
Steve Kopack / @stevekopack: News that Bob Iger was coming back as CEO landed in Disney executive's inboxes while they were together at Dodger Stadium where the ousted CEO Chapek was set to introduce Elton John on a live Disney+ stream, per WSJ. (Instead a host for the Dodgers TV network introduced John) https://twitter.com/...
Michael Flaherty / Axios: Trian's Nelson Peltz eyes Disney board seat and opposes Bob Iger
Daniel Arkin / NBC News: Disney brought back Bob Iger and booted his hand-picked replacement. Here's why.
Jacob Rubashkin / @jacobrubashkin: Bob Iger just sent a company wide email telling all employees to print out their ten best pages of scripts and bring them to the 15th floor of Disney HQ by 1am for review
The Walt Disney Company: The Walt Disney Company Board Of Directors Appoints Robert A. Iger As Chief Executive Officer
Brooks Barnes / New York Times: Disney Brings Back Bob Iger After Ousting Chapek as C.E.O.
Scott Gustin / @scottgustin: Bob Chapek was scheduled to introduce Elton John at tonight's concert currently streaming on Disney+, according to the Wall Street Journal. https://www.wsj.com/...
Claire Atkinson / @claireatki: NEW: Numerous key creative and business executives were threatening to quit Disney unless Chapek was replaced. https://www.businessinsider.com/ ... via @businessinsider
Cynthia Littleton / Variety: DISNEY SHAKEUP: Bob Iger Back as CEO, Bob Chapek Out; Board Cites ‘Complex Industry Transformation’ for Shocking C-Suite Shuffle
Edmund Lee / @edmundlee: As @MattBelloni reported a few days ago, Wall Street analyst Michael Nathanson held an investor tour this week that included the retired Bob Iger. Iger clearly knew he was about to be reappointed CEO. Was this his way of softening the ground? https://puck.news/...
Alex Kantrowitz / @kantrowitz: Game of thrones shit went down between the Bobs at Disney last night. All with Elton John taking the stage. https://www.wsj.com/... https://twitter.com/...
Meg James / @megjameslat: UPDATE: Kareem Daniel is out, Bob Iger just announced in a memo to Disney staff. We will be updating several stories, including this one. Iger is unwinding the controversial centralization of creative units under Daniel. https://twitter.com/...
Julia Alexander / @loudmouthjulia: Precise words here. “Creativity” being the most important. It's not that Chapek was anti-creative, but his actions were perceived as pro-corporation, creative supplemented. One of Iger's strongest attributes is his EQ, which always made corporation feel supplementary to creative. https://twitter.com/...
Ben Mullin / @benmullin: Disney BoD appointed Iger yesterday, per new 8K. Contract details (and more!) here: https://www.sec.gov/...
Ben Fritz / @benfritz: I did not realize when I wrote this article five years ago that it would age like a fine bottle of wine. https://www.wsj.com/...
Perez Hilton / @perezhilton: Is this Disney admitting this last year has been a disaster?! https://deadline.com/...
M.G. Siegler / @mgsiegler: The next question: do they work to bring back Kevin Mayer? But also, why didn't they go with him in the first place? Acquire Candle Media? And what does Tom Staggs think of any of this?! Seems too messy at this point?
M.G. Siegler / @mgsiegler: Far from a Disney expert, but it seemed pretty clear from basically day one that Chapek was in over his head. Yes, the pandemic exacerbated it, obviously. Hindsight 20/20, etc. But it was not a fit. They backed into the decision. Iger should never have stepped back when he did.
Noah Kulwin / @nkulw: media execs like to invoke the william goldman line that “nobody knows anything” but everyone was championing streaming bc those execs actually do know *one* rule: do what Wall Street wants. in this case, that was to imitate Netflix, and it was a disaster https://twitter.com/...
David Sims / @davidlsims: Chapek of Disney and Jason Kilar of WB are the two best examples, IMO, of tripling down on streaming when it was a bad short AND long-term bet; there was little profit in it to begin with, but it was also increasingly obvious come 2021 that it didn't make much sense long-term
Bo Snerdley / @bosnerdley: Ron DeSantis wins again>><> https://www.wsj.com/...
Charles Gasparino / @cgasparino: .@Disney's wokeness might appeal to the edit pages of progressive newspapers, but its a horrible biz model, and as I foreshadowed, ONE of the reasons Chapek it out. Other may be the odd rumor bouncing around Hollywood of $DIS-@AAPL combo which sounds loony https://www.wsj.com/...
Joanna Stern / @joannastern: Chapek is out. Iger is in again. Call it Disney-+! https://www.wsj.com/... https://twitter.com/...
Jeffrey Cane / @jeffrey_cane: “Chapek was faulted internally ... for being a leader who made big decisions without taking in sufficient information, according to the senior Disney insider and other high-level industry sources who spoke to Insider.” via @claireatki @thisisinsider https://www.businessinsider.com/ ...
Matt Braly / @radrappy: I cannot tell you how elated the entire animation industry is to see this man gone lmao
Anthony DeRosa / @anthony: Is the assumption that Iger will go out and make a high profile acquisition now that he's back in the seat? What would make the most sense? $DIS https://www.wsj.com/...
@richlightshed: “I can't explain what the board did in June,” Rich Greenfield, partner at LightShed Partners, told Insider. “But the management team and the creatives did not like Chapek nor the management structure he imposed.” $DIS 🙏 @claireatki https://www.businessinsider.com/ ...
Lucas Shaw / @lucas_shaw: Disney shares popped pre-market on the news of Bob Iger's return. Still down about 40% this year. https://www.bloomberg.com/...
Lucas Manfredi / The Wrap: Disney CEO Bob Iger Lines Up Potential $27 Million Annual Payday
Matthew Belloni / @mattbelloni: New @PuckNews: Bob Iger wasn't very coy about hiding what he wanted, you just had to look closely. https://puck.news/...
Alex Sherman / @sherman4949: This was June 28! The Disney board now has to pay Chapek many millions in severance when his contract simply would have run out in Feb. 2023. That looks clumsy at best. https://www.cnbc.com/...
Lauren Thomas / @laurenthomas: NEW: Nelson Peltz's activist firm Trian earlier this month bought >$800 million worth of Disney stock after the company's dismal earnings report, sources say. Trian is pushing for a board seat & other operational changes, as Bob Iger returns as CEO. $DIS https://www.wsj.com/...
Jim Roberts / @nycjim: Elton John makes a cameo appearance in bombshell Disney drama. https://www.wsj.com/... https://twitter.com/...
Greg Evans / Deadline: Jimmy Kimmel Likens Bob Iger To Classic Coke
Brian Stelter / @brianstelter: Disney board chair Susan Arnold “called Mr. Iger on Thursday and asked him to consider returning to the company, according to three people with knowledge of the matter” https://www.nytimes.com/...
Kara Swisher / @karaswisher: Ahaha. God, the gulf of management talent between @RobertIger and Elon is as wide as Valles Marineris on Mars. https://twitter.com/...
Paris Martineau / @parismartineau: bob iger just sent a company wide email telling all disney employees they have till 5pm tomorrow to decide if theyre ready to go ‘mad for the mouse’ or take severance
Rebecca Keegan / @thatrebecca: The One True Bob, First of His Name, King of the Nine Old Men, Lord of Burbank, Protector of the Mouse
Morgan Tremaine / @morgantremaine: Chapek dragged Disney through the pandemic and now the board wants things back on track with Iger, their most successful CEO since Walt. What this means for certain swashbuckling Disney franchises? Idk, but Iger was CEO in 2018 when they cut ties. https://twitter.com/...
@carnage4life: Bob Chapek being kicked out and Iger returning is a reminder that great companies treat fans as customers you strive to please not addicts you try to squeeze every dollar from. A good reminder for the powers that be at Twitter. https://www.sfgate.com/...
@big_business_: Bob Chapek said animation is for kids not for adults and 2 weeks later he got fired and replaced by Bob Iger.
Kara Swisher / @karaswisher: I'll tell you 1 thing: If Bob Iger asked me for $8 for a product, it'd be worth it. And he'd never capriciously & malignantly re-platform stone-cold racists & antisemites & then bear hug them. Or make fun of people he'd fired. Or tweet dumb/dirty/juvenile memes. You get the idea. https://twitter.com/...
Staci D Kramer / @sdkstl: >>Other Disney employees said they were baffled by Mr. Iger's Sunday email and immediately began asking if the message to employees was real or if it came from a hacked email account.<< https://twitter.com/...
@carnage4life: Bob Iger's whiteboard after a midnight EST code review of the Disney+ app after ensuring everyone left at the company is “hardcore” https://twitter.com/...
@gtwscar: I said on stream today that the winds were changing. The brand damage under Bobby paycheck was destroying creative spirit of company. You can't expect to milk your customers and expect them to come back over and over. Welcome back Iger. https://www.cnbc.com/...
Sara Fischer / @sarafischer: Iger didn't chose a successor that Wall Street trusted $DIS had a bad quarter but trend lines were there -Streaming losses were growing while linear & parks failed to bridge the gap -Whether those trends wouldve been prevented if Iger were CEO, who knows https://www.axios.com/... https://twitter.com/... https://twitter.com/...
Joe Flint / @jbflint: Disney CEO Bob Chapek was supposed to introduce Elton John at Dodger Stadium concert streamed on Disney+. Instead it's Bob Iger singing I'm Still Standing. https://www.wsj.com/...
@thr: Even Bob Iger acknowledged the surprise of his return to Disney in an email to employees, writing that he comes back “with an incredible sense of gratitude and humility — and, I must admit, a bit of amazement” https://thr.cm/HxNmAJa
Rick Porter / @rickporter: I will read every single “how this happened” story, but especially the ones that get into how it came to be announced at almost 10 ET on a Sunday night. https://twitter.com/...
Mollie Damon / @molliedamon: I'm going to pretend this is because he's just loving Andor THAT much. https://twitter.com/...
Jeff Delgado / @jeff_delgado: Well it's obvious Chapek was used to do all the bad shit Iger didn't want to get blamed for. https://twitter.com/...
Erik Gruenwedel / Media Play News: Bob Iger Is Back as Disney CEO, But His Return Is Hardly Heroic
@panzer: Iger (and some key lieutenants) has plenty of responsibility for the state of Disney here and this isn't some sort of magic pill for a company in mid recession butttt - the last guy absolutely decimated Imagineering over a tax break. Reason enough to bring in the boot.
@kimmasters: Disney will undoubtedly be re-organized (again). Creative execs rejoice. Kareem Daniels, not so much.
@zemthings: Chapek: “How can we cut back on spending?” Looks like they found a way. https://twitter.com/...
Nilay Patel / @reckless: Iger coming back to Disney is the biggest “roll back the org chart changes” story in business history. We're going to have to do like a five hour Decoder
Edmund Lee / @edmundlee: Did Disney's board actually consider anyone else? Here's the irony: Disney is one of the few media companies that isn't controlled by a family owner, but acts as if it is, beholden to one man. https://www.nytimes.com/...
Lucas Shaw / @lucas_shaw: While Bob Iger privately criticized Bob Chapek all year, there was 0 reporting in recent months suggesting he was coming back as CEO. Remarkable that Disney kept it under wraps.
Drew Taylor / @drewtailored: The amount of behind-the-scenes maneuvering, last minute meetings and complicated payouts that had to be facilitated for this to happen makes my head spin. The stories that will be coming out soon and the major shakeups yet to happen ... buckle up. https://www.nytimes.com/...
@latimes: The Walt Disney Co.'s board announced that Bob Iger is replacing Bob Chapek as CEO. The move comes months after the board gave Chapek three more years atop the company, citing strong leadership during the pandemic. https://www.latimes.com/...
@carnage4life: Bob Iger handed off being Disney CEO to a successor just before COVID just to backseat drive so much that Bob Chapek quit and Bob Iger is back to being the CEO. Iger effectively took a COVID break as CEO and is back now it's over. 😮 https://www.cnbc.com/...
Bill McCandless / @bmccandless: Hard to step down when your legs have been cut off. https://twitter.com/...
John Santucci / @santucci: Iger has emailed all Disney employees to announce his return https://twitter.com/...
Mica Burton / @micaburton: CHRISTMAS CAME EARLY. BYE BYE CHAPEK! HELLO BETTER DISNEY PARKS!!!!!!!!!! https://twitter.com/...
Jose Montes de Oca / Newslit Daily: 🏟 Welcome to the Joy-Free World Cup.
Matt Tamanini / The Streamable: Bob Iger Returns as Disney CEO: Will He Unwind Chapek's Streaming Strategy, Price Hikes?
Jordan Hoffman / GoldDerby: Sunday night shocker: Disney brings Bob Iger back in as CEO
Joan E. Solsman / CNET: Disney Ousts CEO Bob Chapek and Brings Back Bob Iger
Samantha Nungesser / Decider: “Not Great, Bob!” Bob Iger Replaces Bob Chapek As Disney CEO After Stock Plummets 40% In One Year
Jackson Richman / Mediaite: Jim Cramer Called for Bob Chapek to Be Fired as Disney CEO Just DAYS Before He Was
Mike Calia / CNBC: Disney shares rise after Iger replaces Chapek as CEO
Matthew Belloni / Puck: Disney's Bob vs. Bob Blame Game
Allie Griffin / New York Post: Disney ousts Bob Chapek, brings back Bob Iger as CEO
Mollie Cahillane / Adweek: Bob Iger Returns as Disney CEO, Replacing Bob Chapek, in Shocking Shakeup
Natalie Jarvey / Vanity Fair: Disney Bombshell: Robert Iger Returns as CEO, and Bob Chapek “Steps Down”
Lars Brandle / Billboard: Bob Iger Returning as Disney CEO, Bob Chapek Exits
Jon Lafayette / Next TV: Bob Iger Replaces Successor Bob Chapek As Disney CEO
Richard Lawler / The Verge: Bob Iger steps back in as Disney CEO, replacing Bob Chapek
Frank Pallotta / CNN: Bob Iger named Disney CEO in shocking development
Germain Lussier / Gizmodo: Former Disney CEO Bob Iger to Return and Replace Current CEO Bob Chapek
Michael Ausiello / TVLine: Disney Shocker: Bob Chapek Out as CEO, Bob Iger (Back) In!
Christian Zilko / IndieWire: Disney Announces Shocking CEO Shakeup: Bob Iger Returns, Bob Chapek Out
Brad Dress / The Hill: Bob Iger back, Bob Chapek out as Disney CEO
Nick Lichtenberg / Fortune: Disney replaces CEO Chapek with predecessor Bob Iger effective immediately
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, @anthony, @saddamscribe, @iamthewarax, @macwbishop, @repdanbishop, @sirajahashmi, The Hill, @swin24, The Desk, @zsk, @jose_pagliery, @bradmossesq, @jayrosen_nyu, @tbridis, @mattgarrahan, Fraud and Hubris, @nathanbrandwa, @thedailybeast, @dwdavison, @mattgarrahan, @jonathanvswan, @dellcam, @marykostakidis, @gabrielmalor, @sameralatrush, Newser, @nuclearanthro, @michaelstahlke, @mitchprothero, @jessewashington, @corbinbolies, Mediaite and New York Post
Discussion:
Paul Farhi / Washington Post: Associated Press reporter fired over erroneous story on Russian attack
Anthony DeRosa / @anthony: The AP fired James LaPorta, the investigative reporter responsible for the retracted story claiming Russian missiles crossed into Poland that relied upon a single unnamed government source https://www.thedailybeast.com/ ...
@saddamscribe: @iAmTheWarax @coffeeshopjihad This appears to have been a mistake on the part of the source. Unless Jim did something dishonest, it strikes me as a correction and nothing more. There's clear culpability among editors for running with it as quickly as they did, and blaming Jim doesn't change that fact.
Matthew / @iamthewarax: editors at the associated press made a mistake when they rushed to publish based on information from a single source, then hung jim laporta out to dry to cover their own asses despicable behavior https://twitter.com/...
Mac William Bishop / @macwbishop: “I can't imagine a US intelligence official would be wrong on this.” JFC if you are an editor for a major news org you should be fired just for saying something this gullible and idiotic. https://www.washingtonpost.com/ ... https://twitter.com/...
Rep. Dan Bishop / @repdanbishop: Which “anonymous official” told the AP that Russia launched a missile strike on Poland? The story led Zelensky to call for NATO retaliation, which would mean world war. We need to know who made and spread this assessment. I will do all that I can to figure it out. https://twitter.com/... https://twitter.com/...
Siraj Hashmi / @sirajahashmi: fire the AP editors who issued the alert of the false Russian missile attack on Poland, and then find the source who provided the tip to James LaPorta and make sure they never work in the intelligence community again. https://twitter.com/... https://twitter.com/...
Dominick Mastrangelo / The Hill: AP fires reporter behind retracted Russian missiles story
Asawin Suebsaeng / @swin24: I've worked with and reported out stories with @JimLaPorta. I've known him to be a thoroughly kind and generous colleague and a tough, very talented reporter. I'm always open to be shown something that proves me wrong, but from what we've seen, it REALLY seems like the AP... https://twitter.com/...
Matthew Keys / The Desk: Associated Press fires reporter over Russian missile story
Zoe Kleinman / @zsk: As a reporter this makes me absolutely shudder. It's so important, in the rush of the moment when you think you have HUGE NEWS and you trust your source... that you remember what you're trained to do. https://twitter.com/...
Jose Pagliery / @jose_pagliery: The AP shouldn't have fired @JimLaPorta. He's a capable and proven reporter. Mistakes happen, and initially intel was wrong. That's not his fault. AP proves itself to be a stupid company. And this editor's quote is so naive it's dangerous. https://twitter.com/... https://twitter.com/...
Bradley P. Moss / @bradmossesq: This is ridiculous. @JimLaPorta is a fantastic investigative reporter who appears to have gotten misleading information about whose missile landed in Poland. Maybe suspend him for a week or something but fire him? Pathetic. https://twitter.com/...
Jay Rosen / @jayrosen_nyu: So the AP gets a BIG fact wrong in a story based on a confidential source in the US government, and fires the reporter, who relied on a single source. Why not ID the source? Maybe there's a good reason but it should be explained. Also: don't the editors demand multiple sources? https://twitter.com/...
Ted Bridis / @tbridis: ‘Organization did not anticipate any discipline for the editors involved.’ Editors enforce standards. When we fail at this, we should share accountability. Disciplining only reporter ignores systemwide breakdown that led to journalism debacle. https://www.washingtonpost.com/ ...
Matthew Garrahan / @mattgarrahan: if there's a lesson here it's maybe to insist on double sourcing of stories that could potentially lead to WWIII
Eric Young / Fraud and Hubris: Fraudsters of the Week — The Associated Press — In a phenomenal example of how not to report …
Nathan Brand / @nathanbrandwa: This is crazy, especially when you consider the international ramifications of an error like this... https://twitter.com/...
@thedailybeast: BREAKING: The AP scared much of the world last Tuesday when it reported that “a senior U.S. intelligence official” said “Russian missiles crossed into NATO member Poland, killing two people.” On Monday, the reporter responsible for that story was fired. https://www.thedailybeast.com/ ...
Derek Davison / @dwdavison: The AP fired the reporter but not the editor who, apparently, will literally believe and publish anything a US intelligence official tells her. https://twitter.com/... https://twitter.com/...
Matthew Garrahan / @mattgarrahan: The AP has fired the reporter responsible for the single sourced story last week that claimed Russia fired a missile into Poland. The story, which made the front pages of several UK newspapers, was completely wrong and eventually retracted by the AP. https://www.thedailybeast.com/ ...
Jonathan Swan / @jonathanvswan: Wow https://twitter.com/... https://twitter.com/...
Dell Cameron / @dellcam: so the AP has a rule about the number of sources needed to run a story; a reporter filed a story w/o enough sources; they ran the story anyway; and the only person who got in trouble is the reporter? is there something missing here? https://www.thedailybeast.com/ ...
@marykostakidis: “AP scared much of the world last Tuesday when it alerted readers that “a senior U.S. intelligence official” said “Russian missiles crossed into NATO member Poland, killing two people.” Journos too close to spooks placing fake news is a long tradition https://www.thedailybeast.com/ ...
Gabriel Malor / @gabrielmalor: 'a second editor said she “would vote” for publishing an alert, adding, “I can't imagine a U.S. intelligence official would be wrong on this.' https://www.washingtonpost.com/ ...
Samer Al-Atrush / @sameralatrush: Surely also fault of whatever editor put that through? https://twitter.com/...
Jenn Gidman / Newser: AP Reporter Canned Over Story on Deadly Missile in Poland
Martin Pfeiffer / @nuclearanthro: that was not a zero-stakes assertion in context. It mattered and the reporter's behavior was at best confusing & enabled conspiracist claims. It was not safe is how I might characterize it. Gently. https://twitter.com/...
Michael Stahlke / @michaelstahlke: This is starting to sound like Jim got railroaded. https://twitter.com/... https://twitter.com/...
Mitchell Prothero / @mitchprothero: reporters tell editors what they hear and editors decide if it's enough to publish. this is ridiculous, the decision to publish off one anonymous source was made by senior editors at @AP who remain employed. https://www.thedailybeast.com/ ...
Jesse Washington / @jessewashington: man listen @AP don't play when it comes to accuracy. i feel for the guy who lost his job but you can't get that wrong. fresh out of college i almost lost my job at AP over a misspelled name. might have even been a comma. i was scared straight. https://twitter.com/...
Corbin Bolies / @corbinbolies: SCOOP: The @AP has fired reporter Jim LaPorta, one of the two bylines on a retracted report last week alleging Russian missiles landed in NATO member Poland. The report relied a single anonymous source, a violation of AP's policy. w/@LachCartwright: https://www.thedailybeast.com/ ...
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: Why would somebody want to undervalue their corporation? Hm. So many lawsuits. So many settlements. So many valuations. Better to cut the losses at the top-end to minimize the bleed in the underbelly. https://twitter.com/...
Ben Mullin / @benmullin: Scoop from @LaurenSHirsch: News Corp investors are putting more pressure on the company, raising additional concerns about the proposed merger with Fox. https://www.nytimes.com/...
Stephen Mayne / @maynereport: News Corp Investors Raise Concerns About Proposed Merger With Fox - predicting it won't get over the line unless the Murdochs pay back the $1.5b+ in salaries they've taken from public companies since 2000 https://www.nytimes.com/...
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.
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, @joelmmathis, @ibjiyongi, @vprasadmdmph, @nickconfessore, @moorehn, @jayrosen_nyu, @rumpfshaker, @anildash, @tomgara, Fox News, @dceiver, @sergenyt, @tomfitton, The Markup, Read Max and Journalism.co.uk
Discussion:
@nytimes: Troubled over the direction of Twitter, a veteran journalist wanted to build a “reliable home for journalists” on Mastodon. But the conflicts that have at times inflamed Twitter have already caused problems for him and his team. https://www.nytimes.com/...
Joel Mathis / @joelmmathis: Probably not the first person to note this, but the existence of a “journalist only” section of a social media site seems like a good way for reporters to wall themselves off from the messy public they're supposed to understand and explain. https://www.nytimes.com/...
Chanda Prescod-Weinstein / @ibjiyongi: So I saw this drama unfold online and the two things this journalism added to the convo and I think are maybe the most important part of the story: journa host has $12K in funding from Columbia U and Poynter is thinking about fully funding them. https://www.nytimes.com/...
@vprasadmdmph: Such a great place for journalism. A place you can write all they want, and no one will ever read it. Like a diary. I can think of a few writers who should sign up right away. Hint: they covered school closures w/o visiting europe https://www.nytimes.com/...
Nick Confessore / @nickconfessore: This @Bernstein piece on Journo-Mastadon leaves me thinking that pre-Musk twitter was doing a relatively decent job at the impossible task of scaled content moderation. https://www.nytimes.com/...
Heidi N. Moore / @moorehn: $12,000 from the Tow-Knight Center for 10 journalists to gerrymander “who is a verified journalist” according to some arbitrary and undisclosed rules they made up. Okay. https://www.nytimes.com/...
Jay Rosen / @jayrosen_nyu: “Chaos on Twitter Leads a Group of Journalists to Start an Alternative.” On Mastodon. But that's no simple matter, either. The tricky part? Content moderation— of course. https://www.nytimes.com/...
Sarah Rumpf / @rumpfshaker: I'm on there. Seems ok so far. Less noisy. Slower (that's not necessarily a critique). https://journa.host/... https://twitter.com/...
@anildash: I know the NYT is institutionally must always pretend inside-baseball journalism shit is important, but it's wild that they give more ink to “people who have never moderated an online community are bad at it” than “major political party still trying to get journalists killed”. https://twitter.com/...
Tom Gara / @tomgara: In Hitchikers Guide to the Galaxy there's a planet that tells all its middle managers and telemarketers that they've been chosen to be the first to settle a new planet, but it's really just shipping them off so everyone else can live in peace https://www.nytimes.com/...
Fox News: Elon Musk cheers woke journalist migration from Twitter: ‘Judgy hall monitors stay on other platforms’
Jason Linkins / @dceiver: probably would have been smarter for journalists to learn a thing or two about how things work at Mastodon before landing there with a heavy hand; I'm not sure native users necessarily want Twitter replicated on that platform https://www.nytimes.com/...
Serge Kovaleski / @sergenyt: It's one thing to hope for a better community online, and another, very different one, to build it. Just ask the users and administrators of https://journa.host/, which was started by journalists concerned over the direction of Twitter. https://www.nytimes.com/...
Tom Fitton / @tomfitton: Leftists angry at @ElonMusk set up @Twitter alternative for “journalists” and immediately start censoring each other. https://www.nytimes.com/...
Max Read / Read Max: What to read about Twitter — What is this? — Read Max is a newsletter devoted to explaining …
Marcela Kunova / Journalism.co.uk: How journalists can get verified on Mastodon
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, New York Daily News, The Guardian, Jacobin, Financial Times, bookforum.com, CBS News, Bloomberg, What It Is, The Athletic, @vanityfair, Fox News, @jacobin, Newser, Mashable, Boing Boing and The Guardian
Discussion:
Muri Assunção / New York Daily News: U.S. secretary of state criticizes FIFA over LGBTQ armband ban at World Cup in Qatar
Josh Noble / Financial Times: Focus finally falls on football as Qatar battles World Cup teething troubles
bookforum.com: How journalists are covering human rights at the World Cup; a profile of Octavia E. Butler
Jimmy Nicholls / What It Is: Qatar has made us all hypocrites
Richard Deitsch / The Athletic: World Cup coverage review: Fox avoids Qatar issues, as promised; U.S.-Wales delivers
@vanityfair: “There's a genuine hostility between media, fans, and host nation that I've never known before,” a seasoned athletics reporter tells VF. “It's not supposed to be like this.” https://vntyfr.com/RxWO504
Fox News: MSNBC anchors lectures Americans and Israel about human rights while downplaying Qatar's abuses
@jacobin: Media coverage of the World Cup has rightly highlighted the atrocious working conditions of migrant workers. But we need to broaden our definition of human rights abuses to include the global economic system that brought them to Qatar in the first place. https://jacobin.com/...
David Pescovitz / Boing Boing: Sports reporter detained at World Cup for wearing rainbow t-shirt
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:
@liz_a_harris, Observer, New York Times, New York Times, Vanity Fair, @dmccabe, @authorsguild, @nytimesbusiness, @qianjuliewang, @sarahw, @nytimesbooks, @thedailybeast, @hughes_chris, @barronsonline, @thelincoln, @adribbleofink, @gregvaneekhout, @kerrymflynn, @joepompeo, @abrahamjoseph, @svershbow, @kathmschmidt, @ruthharrisbooks, The Week, Associated Press, 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
Discussion:
Elizabeth A. Harris / @liz_a_harris: NEWS: The Penguin Random House deal to buy Simon & Schuster is officially dead. Paramount has “terminated the Purchase Agreement.”
Alexandra Tremayne-Pengelly / Observer: Simon & Schuster's Proposed Sale to Penguin Random House Is Scuttled
New York Times: Penguin Random House-Simon & Schuster Deal Collapses, Breaking Pattern in Publishing
Joe Pompeo / Vanity Fair: With Penguin Random House Out of the Picture, What Happens to Simon & Schuster Now?
David McCabe / @dmccabe: The Biden Justice Department gets a new line on its antitrust résumé with this one. https://www.nytimes.com/... via the great @Liz_A_Harris @xanalter @BenMullin
@authorsguild: We welcome the news of Paramount Global's decision not to extend its deal with Bertelsmann Group (Penguin Random House) in the wake of the federal district court blocking the merger with Simon & Schuster on antitrust grounds. https://authorsguild.org/...
@nytimesbusiness: The breakdown of the deal with Penguin Random House extends a period of uncertainty at Simon & Schuster, but the company is in a good position to navigate it. https://www.nytimes.com/...
Qian Julie Wang / @qianjuliewang: publishing is dead. long live publishing. why atty general & court got it right: this would have created a mega monopoly. Bertelsmann/PRH lost the minute they argued that indies & Amazon meant they were not the behemoth they clearly are https://www.nytimes.com/... https://twitter.com/...
@nytimesbooks: Penguin Random Houses's failed bid to acquire Simon & Schuster paused consolidation in an industry that has been profoundly reshaped by mergers and acquisitions in the past two decades. https://www.nytimes.com/...
@thedailybeast: The company said in a federal filing on Monday that it would not appeal a recent court decision to block the merger on antitrust grounds. https://www.thedailybeast.com/ ...
Chris Hughes / @hughes_chris: Penguin's attempt to buy publishing rival Simon & Schuster has failed. My take on why this was a deal too far. https://www.bloomberg.com/...
@barronsonline: The proposed $2.18 billion deal, disclosed in November 2020, was blocked on competitive grounds Oct. 31 by U.S. District Judge Florence Pan. https://www.barrons.com/...
Lincoln Michel / @thelincoln: And then there were... well five still I guess https://www.nytimes.com/...
Aidan Moher / @adribbleofink: Let's break up a few others while we're at it, huh? https://www.nytimes.com/...
Greg van Eekhout / @gregvaneekhout: PRH must pay Paramount a $200,000,000 termination fee after their failed merger with S&S. https://www.nytimes.com/....
Kerry Flynn / @kerrymflynn: 🚨📚 Paramount is no longer selling Simon & Schuster to Penguin Random House — it will not appeal the judge's ruling from earlier this month 8K today confirms its decision to terminate and Simon & Schuster CEO Jonathan Karp emailed staff Context: https://www.axios.com/... https://twitter.com/...
Joe Pompeo / @joepompeo: It's official: Paramount Global has “terminated the Purchase Agreement” that would have enabled PRH to still buy S&S, pending a successful appeal of a federal judge's October 31 ruling in favor of the DOJ: https://www.sec.gov/...
Abraham Josephine Riesman / @abrahamjoseph: What if Elon buys my publisher, too https://twitter.com/...
Sophie Vershbow / @svershbow: “Penguin Random House will have to pay Paramount a termination fee of about $200 million once the deal falls through.” Solidarity with every PRH employee who knows they're about to get denied a $5000 raise next month despite doing the job of three people. https://www.nytimes.com/...
Kathleen Schmidt / @kathmschmidt: Bertelsmann must pay a $200M kill fee, S&S goes back on the market. Simon & Schuster's owner to let sale to Penguin fall apart, sources say https://www.reuters.com/...
Ruth Harris / @ruthharrisbooks: Deal to Merge Two Publishing Giants Is on the Verge of Collapse Penguin Random House's agreement to buy Simon & Schuster is set to fall through. Simon & Schuster's parent company decided not to extend it after a judge blocked the purchase. https://ow.ly/...
Catherine Garcia / The Week: Penguin Random House and Simon & Schuster merger deal dropped
Jill Goldsmith / Deadline: Paramount Global Terminates $2.2B Simon & Schuster Sale But Still Wants Out Of Publishing Biz
Wall Street Journal: Paramount Won't Support Appeal of Ruling That Blocked Simon & Schuster's Sale to Penguin
Aidan Moher / @adribbleofink: I can't believe Schuster and Simon are getting divorced. Everything seemed fine! https://www.nytimes.com/...
Elizabeth A. Harris / @liz_a_harris: NEWS: Penguin Random House's deal to buy Simon & Schuster is on track to collapse on Tuesday. Paramount, which owns S&S, has decided to walk away. w/ @xanalter and @BenMullin https://www.nytimes.com/...
WilliamThornton / @billineastala: The collapse of the $2.175 billion sale is a major blow to Penguin Random House's ambitions to expand its enormous market share. Penguin Random House will have to pay Paramount a termination fee of about $200 million once the deal falls through. https://www.nytimes.com/...
Ben Mullin / @benmullin: NEWS w/@Liz_A_Harris and @xanalter: Publishing megamerger between Penguin Random House and Simon & Schuster is on the verge of collapse after Paramount decided not to fight the DOJ: https://www.nytimes.com/...
Ramishah Maruf / CNN: Penguin Random House's $2.2 billon deal for Simon & Schuster is over
Brian Steinberg / Variety: Penguin Random House Owes Paramount $200 Million for Failed Simon & Schuster Deal
Jim Milliot / Publishers Weekly: PRH, S&S Deal Likely Dead
Sara Fischer / Axios:
The Athletic plans to double its professional women's sports coverage, from 900 articles a year to 1,800, with support from a multiyear partnership with Google — The Athletic plans to double its coverage of professional women's sports through a multiyear partnership with Google, its chief commercial officer Seb Tomich told Axios.
Discussion:
@scoutripley, @jyarow, @dsilverman, @janashortal, @danarestia, @itsmeglinehan, @raju, @sarafischer and @tvgrimreaper
Discussion:
Claire Watkins / @scoutripley: Been saying it for months, the difference for a lot of larger or legacy outlets is going to come from brand funding. NWSL beat writing is a net positive for everybody. https://twitter.com/...
Jay Yarow / @jyarow: Media companies relying on big tech companies to fund investment never works in the long run. Hopefully somehow this time is different. https://www.axios.com/...
Dwight Silverman / @dsilverman: Uh oh. Does The Athletic know about the Google Graveyard? https://killedbygoogle.com/ The Athletic to double women's sports coverage through Google partnership https://www.axios.com/...
@janashortal: It's about time - every sports department at every media outlet could do the same. https://twitter.com/...
Dan Arestia / @danarestia: This is awesome. The initial focus on NWSL and WNBA makes sense given the growth those sports have had recently; I hope the expansion to other sports happens quickly. https://twitter.com/...
Meg Linehan / @itsmeglinehan: “Facts not feelings.” 🤗 The demand is there, the stories are there, and now: the resources will start to match. Excited to keep working, keep growing and keep getting better @TheAthletic. https://twitter.com/...
Raju Narisetti / @raju: Smart partnership by @nytimes with @google on a sorely needed and also growing space @TheAthletic to double women's sports coverage https://www.axios.com/...
Sara Fischer / @sarafischer: NEW: @TheAthletic plans to double its women's sports coverage through a partnership with Google — Over the course of the multiyear deal, it's hoping to double the number of articles written about women's sports from around 900 today to about 1,800 https://www.axios.com/...
Andrew Dys / The Charlotte Observer:
Two people have died in the crash of a helicopter owned by Charlotte TV station WBTV next to Interstate 77 — Southbound Interstate 77 in Charlotte is blocked after a fatal helicopter crash that left two people dead, officials said. — Southbound lanes near the Nations Ford Road exit will …
Discussion:
WBTV-TV, CBS News, @ncbroadcasters, @hunt_saenz, @ericawsoc9, @mecklenburgems, WCNC-TV, @wbtv_news and @kylebaileyclub
Discussion:
Emily Mae Czachor / CBS News: 2 killed in helicopter crash near North Carolina interstate, police say
@ncbroadcasters: We join the NC broadcasting community today in mourning the tragic loss of @WBTV_News meteorologist Jason Myers and pilot Chip Tayagh who lost their lives in today's crash. Our hearts go out to their families, friends, and their WBTV family. https://twitter.com/...
Hunter Sáenz / @hunt_saenz: My deepest condolences, comfort and love is with our friends @WBTV_News and the families who lost their loved ones. Thinking of y'all while admiring y'all's strength in covering this. ❤️ https://www.wbtv.com/...
Mike Scarcella / Reuters:
YouTube TV subscribers in four states sue Disney in federal court, saying Disney, which controls Hulu and ESPN, artificially pushed up streaming live TV prices — YouTube TV subscribers in California, Arizona and elsewhere have sued The Walt Disney Co in California federal court …
Discussion:
Daniel Frankel / Next TV: YouTube TV Customers Sue Disney for Jacking Up Virtual Pay TV Prices
David Satin / The Streamable: YouTube TV Users in Several States Sue Disney For Rising Subscription Prices From ESPN and Other Cable Channels
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:
Silvia / @ssalga1: Eric, to say thank you simply isn't enough. It was a pleasure to collaborate with you the past few years. Best of luck in your next chapter. The best is yet to come! https://twitter.com/...
@seandkennedy: I've worked with a lot of social platforms in my time, and I can honestly say working with the team at Twitter was the very best. All stars, all of them. https://twitter.com/...
@larakate: Nobody cared more about Twitter + News than Eric. He advocated for policies, products, care for journalists & saw around more corners than I can count. He's brilliant & has a huge heart. Working w him, was one of my favorite parts — truly jealous of whomever gets to next. https://twitter.com/...
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:
The Hill, Digital TV Europe, TVNewser, @claireatki, @anthony, Los Angeles Times, Next TV, Deadline, The Wrap and The Hollywood Reporter
Discussion:
Dominick Mastrangelo / The Hill: Top CNN programming boss to exit network
@claireatki: Michael Bass, one of the trio of CNN execs who led the company after Jeff Zucker stepped down, is exiting CNN at the end of the year. Will the others -Amy Entelis and Ken Jautz - remain?
Anthony DeRosa / @anthony: Michael Bass, the longtime CNN programming chief who played a role in devising the network's more passionate demeanor during the Trump era, is leaving the network https://variety.com/...
Stephen Battaglio / Los Angeles Times: More changes at CNN as top programming executive to leave at year's end
Daniel Frankel / Next TV: CNN's Top Remaining Zucker Holdover, Programming Chief Michael Bass, Set to Exit
RELATED:
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
Discussion:
The Wrap, Mediaite, The Hill, @johnnydollar01, @hughhewitt, @edgecliffe, @hayekmg, @michaelsocolow, @frank_giustra, @annaknicolaou, @benmullin, @soutikbbc and Fox News
Discussion:
Eileen AJ Connelly / The Wrap: Chris Licht Calls ‘Bulls-’ on Reports His CNN News Revival Is ‘Vanilla’ and ‘Centrist:’ ‘You Have to Have Edge’
Zachary Leeman / Mediaite: CNN Boss Chris Licht: The Idea That I Want CNN to Be Centrist is ‘Bullsh*t’
Dominick Mastrangelo / The Hill: New CNN boss Licht: Idea I want network to be centrist is ‘bulls—’
Johnny Dollar / @johnnydollar01: CNN wants to stay neutral in a divided America. Will anyone watch? “They will get higher ratings if they stop pushing opinion but they have to hurry. Cord cutting is happening.” https://www.ft.com/...
Hugh Hewitt / @hughhewitt: It's not possible to be “neutral,” but platforms can be “balanced.” From my @washingtonpost column today: “A 50-50 red-blue America — like it or not, that's what we have — is politically paralyzed this Thanksgiving.” Cover each 50% in good faith. https://www.ft.com/...
@edgecliffe: Chris Licht is “CNN's first leader to face a ratings crunch, an ad recession, low morale, tough cost-cutting targets, an editorial reset & structural decline in CNN's business model — all at the same time.” @alexebarker @grimes_ce @annaknicolaou via @FT https://www.ft.com/...
@hayekmg: #CNN wants to stay neutral in a divided America. Will anyone watch? 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. - via @FinancialTimes | @CNN @cnni https://www.ft.com/...
Michael Socolow / @michaelsocolow: “CNN's share of cable subscriber fees, the boon that made its business model one of the greatest in the history of news, is expected to fall by as much as 6 per cent in 2022.” Cord-cutting is real, it's increasing and it informs editorial decision making. https://www.ft.com/...
Frank Giustra / @frank_giustra: “The Trump era — brimming with anger, division and discord — had made for spectacularly good ratings and record profits. Polarisation was good for business.” Read that last part again.. https://www.ft.com/...
Anna Nicolaou / @annaknicolaou: The Trump era was very good for business. Now, CNN's board wants it to pivot to “neutral”. That's more important to them than profit, which has fallen off a cliff. 2022 profit estimated $700mn, down almost $500mn from the peak w/ @alexebarker @grimes_ce https://www.ft.com/...
Ben Mullin / @benmullin: “Licht's team [at CNN] estimated operating profits this year will be $700mn-$750mn, according to three people familiar with the accounts.” https://www.ft.com/...
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