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Source: Byron Allen submits a preliminary $10B offer to Disney to acquire its ABC TV network, local stations, and the FX and National Geographic cable channels — - Disney said it hasn't made any decisions on sale of properties — Nexstar has also held early talks for ABC and local stations
Discussion:
The Wrap, The Verge, CNN, Awful Announcing, TVLine, CBS News, @lucas_shaw, Next TV, Cord Cutters News, The Messenger, Fox Business, The Walt Disney Company and Reuters
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Sources including ABC News staffers describe a feeling of dread and trepidation inside ABC; employees say they heard news of a possible sale from the press — Editor's Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here.
Discussion:
Columbia Journalism Review
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Sources: Disney held talks exploring selling its ABC network and TV stations to Nexstar Media Group, which has 200 owned or partner TV stations in 116 markets — Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc. …
Discussion:
MediaPost, The Streamable, Axios, Ad Age, @jayrosen_nyu, The Verge, @nick_weather, @willthelandman, @lucas_shaw, @mattbelloni, @lucas_shaw, The Desk, Reuters, Bleeding Cool News, Sports Media Watch, Los Angeles Times, Deadline, The Wrap, Insider, TVLine, Variety, The Hill, 9to5Mac, Next TV, The Messenger, Barrett Media, Cord Cutters News, The Hollywood Reporter, Deadline and The Wrap
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Sources: Fox News fired veteran executive John Finley on September 9 after a woman alleged he sexually harassed and stalked her; Fox settled with the woman — John Finley, a top Fox News executive who was fired last week after more than 20 years at the network, was ousted after a woman alleged …
Discussion:
The Wrap and @joelmathis.bsky.social
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X changes its crowdsourced fact-checking Community Notes feature to show contributors other note proposals and see other viewpoints before they submit a rating — X (formerly Twitter) this week changed how its crowdsourced fact-checking Community Notes feature works.
Discussion:
@communitynotes
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Sources: the New York Times has been in talks with Politico Playbook co-author Ryan Lizza about helping the paper relaunch its On Politics newsletter — Punchbowl News: As negotiations within the House GOP conference continue over a stopgap funding bill, some GOP members are hopeful the bill …
Discussion:
@sauthoff.bsky.social, @joshuaerlich and @agoldmund
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Sources: Meta is exploring whether to show ads in WhatsApp and charge a subscription fee to use the app without ads; WhatsApp denies working on such a feature — Talks are at an early stage, sources say, as Facebook parent looks for new ways to increase revenue
Discussion:
The Information, The Drum, @wcathcart, @edzitron and TechCrunch, more at Techmeme »
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Q&A with Rob Emrich, executive chairman of ad tech platform Infillion, on his plans for ad tech company MediaMath, which Infillion bought out of bankruptcy — Infillion is finally unveiling its intentions for MediaMath after buying the company out of bankruptcy during an auction last month.
Discussion:
@kerrymflynn, Digiday, Insider and Axios
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MailOnline to pay BBC presenter Gabby Logan and her husband “substantial damages” over false claims; ex-Sun editor Kelvin MacKenzie will pay damages for a tweet — Payout relates to article that wrongly claimed pair had received £500,000 to promote tax avoidance schemes
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Study: US major streamers canceled TV series at a combined average rate of 12.2% from 2020 to 2023; Max had the highest rate at 26.9%, Apple TV+, the lowest — WBD's Max wielded the heaviest ax from 2020 to 2023 while Apple TV+ was most merciful — The Streaming Era began with a promise …
Discussion:
The Streamable and Wall Street Journal
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TikTok and Billboard launch the TikTok Billboard Top 50 Chart to track the most popular songs on the app each week in the US, refreshed every Thursday morning — TikTok is partnering with Billboard to launch a top 50 chart that tracks the most popular songs on the platform.
Discussion:
Billboard, TikTok, CNET, Music Ally, MediaPost, The Messenger, Billboard, Forbes, TMZ.com, TechCrunch and Variety
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Hulu launches Top 15 Today, updated daily to list trending movies and TV shows; source: the list uses a formula weighing viewership, popularity surges, and more — Hulu is finally getting into the numbers game — but on its own terms. Vulture has learned that the Disney-owned streamer …
Discussion:
Variety, The Verge, Decider, 9to5Google, The Streamable, The Walt Disney Company and Cord Cutters News