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:
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.
Discussion:
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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:
Mediaite, Forbes, The Hill, @imillhiser, Fortune, New York Post, IndieWire, @aaronblake, @meidastouch and @carlosgsmith
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
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, Music Business Worldwide, @taylorlorenz and Rolling Stone, more at Techmeme »
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:
@teddyschleifer and Daring Fireball
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:
Variety, Deadline, Los Angeles Times, The Wrap, Wall Street Journal, Bloomberg and The Hollywood Reporter, more at Techmeme »
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 …
Discussion:
@chris__richards, @bernstein, @damonlinker, @jsf, @molliekatzen, @zinoman, @misssoniarao, @jadabird, @sulliview, @mrdavidjays, @jbenton, @timothynoah1, @sdkstl, @hankstuever, @ionarts and @lauracappelle
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, New York Post, @mgsiegler, @mediaevan, Insider, @amlivemon, @simonkhalaf, @jbflint, @hshaban, @tvgrimreaper, @automaticzen, @asharma, @kenmoriyasu, @aagave and @jbflint
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
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 — With over half a billion active users around the globe, Telegram is one of the most used messaging services.
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
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
Discussion:
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