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9:10 AM ET, January 25, 2023

Mediagazer

 Top News: 
New York Times:
Rupert Murdoch withdraws his News Corp and Fox Corp merger plan after significant investor pushback; James Murdoch questioned the deal in letters to both boards  —  News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”
Nellie Andreeva / Deadline:
Adult Swim cuts ties with Rick and Morty co-creator Justin Roiland after felony domestic violence charges surface; his voice role will be recast  —  Justin Roiland, co-creator, executive producer and star of Adult Swim's flagship animated series Rick and Morty, is no longer in business …
Washington Post:
About 75% of The Washington Post newsroom's eligible employees are now union members, the highest percentage in decades, after a signup surge in recent months  —  Amid a wave of job cuts in the tech and media sectors, The Post's long-expected reductions punctuate a period of uncertainty
RELATED:
Oliver Darcy / CNN:
The Washington Post lays off 20 newsroom employees and shuts down its gaming vertical Launcher; Executive Editor Sally Buzbee says 30 open roles won't be filled  —  The Washington Post on Tuesday became the latest media company to conduct layoffs, people familiar with the matter said …
Justin Baragona / The Daily Beast:
DirecTV drops Newsmax after carriage fee negotiations hit a standstill; the current contract between the two companies expires on January 25  —  The conservative cable outlet was cut loose after the two sides failed to agree on terms, taking away a chunk of Newsmax's cable footprint.
Amy B Wang / Washington Post:
In his new book, Mike Pompeo calls Jamal Khashoggi an activist, not a journalist, which The Washington Post's Fred Ryan says is a shameful “ploy to sell books”  —  In a new book, former secretary of state Mike Pompeo derides the idea that Jamal Khashoggi, a Washington Post contributing columnist …
Leah Nylen / Bloomberg:
The DOJ sues Google, joined by California and seven other US states, calling for the breakup of its ad tech business that allegedly monopolizes the US ad market  —  The US Justice Department and eight states sued Alphabet Inc.'s Google, calling for the break up of the search giant's ad-technology business …
Steve Waldman / Columbia Journalism Review:
Local journalism groups representing 3,000+ newsrooms form Rebuild Local News, a new nonprofit dedicated to public policy initiatives aiming to save local news  —  It's understandable that the idea that government should help save local media makes many journalists' skin crawl.
Variety:
Hindenburg Research accuses Adani Group, India's largest corporation and an aspiring media empire, of “pulling the largest con in corporate history”  —  Hindenburg Research, a firm that engages in short-selling of company stocks in anticipation of a share price decline …
Joseph Berger / New York Times:
Victor Navasky, a witty and contrarian journalist who for 27 years was either editor or publisher of the left-leaning magazine The Nation, dies at 90  —  Witty and contrarian, he was the longtime editor and later publisher of The Nation and wrote an acclaimed book about the Hollywood blacklisting era.
Alex Ritman / The Hollywood Reporter:
Vice Media Group signs a deal with Saudi-owned MBC Group to create bespoke, Arabic-language content and provide training; Vice opened a Riyadh office in 2021  —  The youth media brand will create bespoke Arabic content for the government-owned Middle East behemoth.
William Turvill / Press Gazette:
UK national newspaper cover prices increased 14% over the past year, affected by the rising price of paper; the steepest increases have been introduced by Reach  —  But still only one newspaper is more expensive than the average pint of lager.  —  National newspaper cover prices …
 
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 More News: 
Bron Maher / Press Gazette:
A look at cryptocurrency outlet DL News, which market intelligence firm Defi Llama plans to launch in early February with 10-12 staff and a focus on regulation
Insider:
Sources: Vox Media is looking to raise ~$200M to acquire new assets and possibly spin off others; a source says Vox is discussing a CVC Capital cash infusion
 Earlier Picks: 
Kristin Robinson / Billboard:
Hipgnosis confirms buying the music rights to Justin Bieber's catalog up to 2022, a source says for just over $200M, a record for an artist from his generation
Clayton Davis / Variety:
The 2023 Oscars fail to nominate any women for directing, after Chloé Zhao won the award in 2021 for Nomadland and Jane Campion won in 2022 for Power of the Dog
American Journalism Project:
The American Journalism Project announces its first three 2023 grants, $3.25M total to local nonprofit news organizations in North Carolina, Texas, and Nebraska
Edward Ludlow / Bloomberg:
Reddit promotes Harold Klaje to be its first chief revenue officer; Klaje joined in 2020 and expanded advertising to markets like the UK, Germany, and Australia
Discussion: Insider
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Cheng Ting-Fang / Nikkei Asia:
TSMC unveils a new chip manufacturing technology called A16, and says the company plans to start producing its ultra-advanced 1.6nm chips by 2026
 
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