Top News:
Clare Malone / New Yorker:
A look at Puck, its founder Jon Kelly, and his vision for an outlet for and about “moguls”; source: Puck hopes to raise a $15-20M Series B in early 2023 — The media startup Puck is aiming to build a business by covering power and wealth from the inside.
Brian Stelter / The Atlantic:
A eulogy for HLN, launched by Ted Turner on New Year's Day 1982 and now effectively closing, made mostly obsolete at a time when anyone can broadcast headlines — Media Winter is here once more, and it is getting ugly. It seems as though every news giant is shrinking toward 2023 through end …
Discussion:
@matthewkeyslive, @matthewkeyslive, @matthewkeyslive, @geoffpilkington, @adriennelaf, @jamiestelter, @martinlieberman, @planet4589 and NPR
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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
Discussion:
Poynter, @oliverdarcy, CNN and IndieWire
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
Discussion:
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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 …
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@nytimesguild, @rweingarten, Axios, Reuters, @liamstack, @daveyalba, @jennyvrentas, @nina_channing, @rubinojc, The NewsGuild, @jswatz, @chrisecrowley, @francesrobles, @powellnyt, @wirecutterunion, @hopnotes, @ronlieber, @conordougherty, @sheeraf, @chactivist, @gregkb, @apantazi, @amandahess, @bradlander, @bobbybigwheel, @nytliz, @jeanuh_ and @lkatzenberg
Herb Scribner / Axios:
Filing: Alex Jones has filed for personal bankruptcy in Texas; Jones and Free Speech Systems have been ordered to pay $1.5B in damages to Sandy Hook families — Alex Jones filed for personal bankruptcy in Texas on Friday, according to a court filing.
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Washington Post, New York Times, New York Daily News, Associated Press, CNET, Wall Street Journal, @axios, CNN, Bloomberg, The Wrap, Insider, Gizmodo, UPI, Fortune, The Guardian, The Daily Beast, The Verge, Financial Times, The Hill, New York Post, Newser, NPR, Al Jazeera, @nytliz, RADAR, Rolling Stone, FreidomReport, New Republic and New York Magazine
Angela Fu / Poynter:
Gannett's layoffs, affecting ~200 people in its news division, include reporters at the flagship USA Today and producers on regional digital optimization teams — Among those affected were reporters at flagship paper USA Today and producers working on Gannett's digital optimization teams.
Discussion:
@sdkstl, @od_schneider, @jaden_reports, @jfmclooney, Washington Post, Vanity Fair and New York Times
Justin B. Smith / @justin_b_smith:
Memo: Justin Smith says Sam Bankman-Fried doesn't hold shares of Semafor, but if his interest converts to equity, he'll have a single-digit minority stake — I sent the following memo to our staff today regarding Sam Bankman-Fried and his investment in @Semafor. https://twitter.com/...
Discussion:
Mediaite, @teddyschleifer and Daring Fireball
Christopher Grimes / Financial Times:
Sources: Florida lawmakers are working on a compromise that would essentially let Disney keep its special tax district, after they voted to dissolve it in April — Lawmakers seek compromise preserving theme park operator's right to run private government — Florida lawmakers are working …
Discussion:
Reason, Forbes, Mediaite, IndieWire, @aaronblake, New York Post, @meidastouch, @carlosgsmith, @imillhiser, The Hill and Fortune
Kristin Robinson / Billboard:
Triller removes music catalogs for UMG, WMG, Sony Music, and Merlin after Sony filed a lawsuit claiming Triller failed to make payments worth “millions” — Following Sony's lawsuit, one label source says “millions” in unpaid royalties are the issue. Triller denies this, saying the app is “reassessing” label deals.
Discussion:
@wordsbykristin, Digital Music News, Gizmodo, @taylorlorenz, Music Business Worldwide and Rolling Stone, more at Techmeme »
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 …
Discussion:
Simon Owens's Media Newsletter, Thanks:@talkingbiznews
Sarah Ellison / Washington Post:
The Washington Post has laid off Sarah Kaufman, one of the last full-time dance critics in the US; as of 2015, there were two full-time critics remaining — The Washington Post has laid off Pulitzer Prize winner Sarah L. Kaufman, one of the last full-time dance critics in the country …
Reuters Institute:
Ravish Kumar, a leading TV anchor in India for NDTV, resigns in protest as the Adani Group seems poised to take over the independent news channel — As billionaire Gautam Adani takes over Indian TV channel NDTV, senior news anchor Ravish Kumar tendered his resignation with this speech
Discussion:
@rasmus_kleis, @neelkamaltoi, Scroll.in, The Times, Deadline and Newslaundry
Jonathan Vanian / CNBC:
Amazon's senior VP of global media and entertainment Jeff Blackburn will leave in early 2023; Blackburn left Amazon in February 2021 and rejoined in May 2021 — - Blackburn will remain at the company through early 2023 to “ensure a smooth transition.” — Blackburn joined Amazon in 1998 …
Discussion:
Deadline, Variety, Billboard, Los Angeles Times, The Information, Bloomberg and The Wrap, more at Techmeme »
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