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5:55 PM ET, December 2, 2022

Mediagazer

 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.
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 …
Herb Scribner / Axios:
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.
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 …
RELATED:
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
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 …
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.
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 …
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
 
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 More News: 
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
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
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
 Earlier Picks: 
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
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

David Cassel / The New Stack:
An interview with Linus Torvalds at the Open Source Summit North America on the XZ Utils exploit, open source development, RISC-V, AI, and more

 
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