Top News:
Financial Times:
French billionaire Xavier Niel plans to put his 40%+ stake of Le Monde in a foundation in 2023 and says he wants the newsroom “to be as independent as possible” — Billionaire to place shares bought from Czech tycoon Daniel Křetínský in foundation by year end
Andre Rhoden-Paul / BBC:
Ofcom launches an investigation into the Dan Wootton Tonight show on GB News after Laurence Fox insulted journalist Ava Evans, sparking 7,300 complaints — Media regulator Ofcom has launched an investigation into the Dan Wootton Tonight show on GB News after a sexism row sparked 7,300 complaints.
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Naomi Clarke / The Independent:
GB News presenter Calvin Robinson says the broadcaster suspended him for defending Dan Wootton online, making him the channel's third suspended presenter
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Dade Hayes / Deadline:
Byron Allen, one of the many parties trying to acquire ABC from Disney, says Disney's internal deliberations are the main factor delaying a formal sale process — - ‘May December’ Writer Samy Burch Finally Boards Promo Train Post-Strike At New York Film Festival; Director Todd Haynes …
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Sports Media Watch and The Streamable
Mark Kleinman / Sky News:
Sources: Axel Springer had notified Goldman Sachs of its desire to participate in a forthcoming auction for the Daily and Sunday Telegraph newspapers — The publisher of Bild and owner of the Politico website has registered its interest in bidding for the Daily and Sunday Telegraph newspapers, Sky News can reveal.
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Bloomberg, Financial Times, @umacf24, @jillbelch, @markkleinmansky and @crimbleethel
Wall Street Journal:
The WGA's pact with studios and streamers represents a formal end to “peak TV”, a decade that saw an explosion of programming for viewers and jobs in Hollywood — The end of the writers' strike marks a new era. Studios and streamers are likely to order fewer TV shows.
Discussion:
@carlstwitt, @structstories, @asharma, @wsjgraphics, @barondestructo, @calnewseditor and @jbflint
Josh Kosman / New York Post:
Source: Diamond Sports is seeking to cut the broadcast fees it pays to the NHL and NBA by up to 20%; Diamond pays NBA teams about $600M a year — Bankrupt broadcaster Diamond Sports, the nation's largest regional sports network, has made a take-it-or-leave-it offer to cut rights fees …
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Sportico, @tvgrimreaper, Next TV, Barrett Media, Twin Cities, Awful Announcing, Radio & Television …, The Streamable and Cord Cutters News
Benjamin Mullin / New York Times:
Letterboxd's founders sell a majority stake to Canadian company Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+ — Two designers from New Zealand built a wildly popular social network for movie buffs. Now, they're cashing in (and sticking around for the sequel).
Discussion:
@sethsfilmreview, @georgecarmi, @grlyteengrl, @johndilillo, Letterboxd, Variety, @joelevard, @alexkehr, @chronotope, @smuiux, @labuzamovies, @scottemovienerd, @_sparling_, @awilkinson, @notbigracks, @letterboxd, @bkwelles, @thefilmdrunk, @benmullin, Netflix Tudum, @tvaziri@mastodon.social, Business Wire, Engadget, The Verge, Gizmodo, Deadline, The Wrap, @simli.bsky.social, The Hollywood Reporter and @qburns@mas.to, more at Techmeme »
Taylor Lorenz / Washington Post:
A history of Vine's failure to build relationships with its top creators, who Vine leadership resented for gaming the app's ranking algorithm and their humor — The wildly popular video app's contentious relationship with its own power users offers a cautionary tale for social platforms
Discussion:
@washingtonpost, @kennethcwilbur, @enahpets, @katienotopoulos, @trishathadani, @gerritd, @nitashatiku, @herbscribner, @kelsaywhat, @iamasarch, @nitashatiku, @willoremus and Tubefilter
Manish Singh / TechCrunch:
One of India's largest music labels Saregama acquires a 51.82% stake in Pocket Aces, which produces short-form video content aimed at young Indians, for ~$20M — Saregama has acquired a 51.82% stake in the digital entertainment startup Pocket Aces as the oldest Indian music label makes a deeper push into videos.
Richard Sandomir / New York Times:
Ed Fancher, one of the founders of the alternative weekly newspaper The Village Voice and its publisher for 19 years, died on September 27 at age 100 — A psychologist, he started the alternative weekly with Dan Wolf and Norman Mailer in 1955. “We were crazy enough to think it would succeed,” he said.
Discussion:
@tullycast, @barrymosk, @pfrusso, @nelson_aj, @notjessewalker, @foxcahn, @tacayler, @johnk77t, @tromano and @joeconason
Todd Spangler / Variety:
FilmRise acquires the worldwide digital media rights to 1,200+ hours of BuzzFeed Studios' library of content, including past episodes of Hot Ones and Worth It — Older episodes of Sean Evans' “Hot Ones,” the hit YouTube series in which celebs try to ingest increasingly spicy buffalo wings, has a new home.
Discussion:
@xpangler, Media Play News, The Wrap, Cord Cutters News and The Hollywood Reporter
Amanda Zamora / The 19th:
Amanda Zamora says she will step down as publisher of The 19th at the end of 2023 and continue working on The 19th News Network in an advisory director capacity — After more than four and a half years with The 19th, Amanda Zamora will step down as publisher at the end of this year.
Discussion:
@juliachanb, @eramshaw, @niketa, @errinhaines, @cande313, @mathewi, @ramsammy, @mitrakalita, @soljourno, @amzam, @amzam, @amzam and @amzam
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