Top News:
Ted Johnson / Deadline:
Memo: CNN CEO Chris Licht outlines changes amid layoffs, including restructuring some beats to cover the US “more broadly”; CNN Digital will have no impacts — CNN Worldwide Chairman and CEO Chris Licht outlined the network's changes as the network went through a significant round of job cuts.
Discussion:
Poynter, @oliverdarcy, CNN and IndieWire
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Brian Steinberg / Variety:
Sources: CNN will no longer produce live programs for HLN and will simulcast CNN This Morning; layoffs include CNN correspondent Chris Cillizza — HLN, the cable network once known as CNN Headline News, is home to a bevy of true-crime series, endless showings of “Forensic Files,” and …
Discussion:
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Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October — Despite a joint statement between Ye (fka Kanye West) and Parler in October noting that the two had reached an agreement for the rapper to buy …
Discussion:
@parler_app, Axios, Reuters, Complete Music Update, Associated Press, @eoinhiggins_, @helenkennedy, @danprimack, Breitbart, @jasonscampbell, @caseynewton, @suntimes, Quartz, @hunterw, @q_review, @halsparks, @jamesrbuk, @chrismessina, @susanlitv, @michaeldweiss, ScreenRant, CNET, Financial Times, Social Media Today, Los Angeles Times, Mediaite, Variety, Adweek, The Verge, Gizmodo, The Desk, Footwear News, The Hill, Engadget, The Wrap, New York Daily News, Insider, CNN, Semafor, Flashes & Flames, Politico, CBS News, Billboard, The Hollywood Reporter and Bloomberg, more at Techmeme »
Wall Street Journal:
A look at Disney's restructuring efforts under former CEO Bob Chapek; sources: McKinsey consultants explored centralizing marketing, annoying top content execs — Tension flared over plans to take control of marketing, other decisions away from content chiefs — From Robert Iger to Steve Jobs, Why Companies Bring Back Their CEOs
Discussion:
@rwhelanwsj, @mgsiegler, @mediaevan, @aagave, @amlivemon, @jbflint, @automaticzen, @simonkhalaf, @hshaban, @tvgrimreaper, @kenmoriyasu and @asharma
Sara Fischer / Axios:
Sources: The Recount, a video news startup founded by John Battelle and John Heilemann in 2018, tells staff it plans to suspend operations next Friday — The Recount, a video news startup that launched in 2018, told employees it plans to suspend operations next Friday, sources told Axios.
Discussion:
@niemanlab, @kendallbaker, @escarry, @danabrams, @christinapushaw, @michaelroston and @sarafischer
Insider:
Source: a16z's Future is shutting down; Future hasn't published a new article in months, most of its editorial staffers have left, and its newsletter is defunct — Future was the next big thing in media. — Launched in June of 2021, it was billed as a buzzy new tech publication …
Discussion:
@taylorlorenz, @bigmeaninternet, @leenarao, @niemanlab, @taylorlorenz, @chafkin, @mattzeitlin, @readdanwrite, @meliarobin, @chandrarsrikant, @nmasc_, @yoda, @bmorrissey, @martinsfp, @kantrowitz, @stevekovach, @edzitron, @karlbode, @chrissyfarr, @caseynewton, @jamesrbuk, The Information and Talking Biz News, more at Techmeme »
Jon Blistein / Rolling Stone:
CNN faces a $17M lawsuit from Freeplay Music accusing it of using hundreds of songs in international broadcasts without acquiring licenses or paying proper fees — Freeplay Music, an online production music library, is seeking $17 million from the cable news giant
Discussion:
Billboard, Complete Music Update and Digital Music News
Shawn McCreesh / New York Magazine:
The NYT union has sent a letter to the paper's CEO and publisher threatening a daylong walkout on December 8 if they don't come to terms on a new labor contract — This morning at 8 a.m., New York Times publisher A.G. Sulzberger and CEO Meredith Kopit Levien received a letter from Bill Baker …
Catherine Perloff / Adweek:
Sources: Yahoo paid no cash for its 25% stake in Taboola; source: Taboola will issue new shares as part of the deal, giving Yahoo an equity stake — The terms are another facet of a recessionary-friendly deal — Yahoo is not paying cash to own the approximate 25% stake …
Discussion:
@catherineperlo1 and 901am
Ernesto Van der Sar / TorrentFreak:
Following a Delhi High Court order, Telegram hands over phone numbers, emails, IP addresses, and more details of users who allegedly shared copyrighted material — Telegram has complied with an order from the High Court in Delhi by sharing user details of copyright-infringing users with rightsholders.
Chris Roush / Talking Biz News:
In a memo, Bloomberg Media CEO M. Scott Havens says Bloomberg.com has more than 450K subscribers and year-to-date revenue is up 20% YoY, with ad revenue up 25% — Bloomberg Media CEO M. Scott Havens sent out the following on Thursday: — Greetings all. — Although a bit delayed …
Thanks:@talkingbiznews
Patience Haggin / Wall Street Journal:
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump start its faltering business — Advertisers booking at least $500,000 in incremental spending would be matched, up to a $1 million cap — Elon Musk Says Twitter Bankruptcy Is a Possibility.
Discussion:
Ad Age, @zoeschiffer, Robb Report, @asharma, @astaniscia86, Observer, The Future, Now and Then and Financial Times, more at Techmeme »
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