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8:00 PM ET, September 30, 2023

Mediagazer

 Top News: 
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 …
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.
RELATED:
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
Financial Times:
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.
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.
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 …
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).
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
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.
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.
 
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 More News: 
Ashley Carman / Bloomberg:
Podcast company Pushkin Industries lays off 17 of its 54 employees, or 30%+ of its staff in its second round of cuts in 2023, and changes its leadership team
Washington Post:
The Supreme Court agrees to hear two cases concerning whether Florida and Texas can restrict social media companies from removing political posts or accounts
 Earlier Picks: 
Bob Sillick / Editor and Publisher:
A look at Agenda Watch, built by Stanford's Big Local News and which scrapes public agencies' documents to help city hall, police, and school beat reporters
Nieman Lab:
Two experts warn generative AI could hurt press freedom by deepening media's dependence on tech companies and urge journalists to develop the power to shape AI
Brian Steinberg / Variety:
AMC Networks launches an ad-supported AMC+ tier for $4.99/month, featuring fewer than five minutes of ads per hour and the same programming as the ad-free tier