Mediagazer: The Wall Street Journal, CNN, and The Washington Post have all appointed British bosses in the past 12 months; The Times and other UK outlets plan US expansions (Adam Gabbatt/The Guardian)

8:40 PM ET, November 13, 2023

Top News:

The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from its financial ties to FTX — Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70 million.

Discussion: Financial Times, @lawmaster, @jamesplloyd, @jasonyanowitz, @sarafischer, @show4653, Bloomberg, @mdudas, @seangriffey, @foresightven, @lhm1, @basedkarbon, The Information, @poordart, CoinDesk, TechCrunch and Talking Biz News, more at Techmeme »

Matthew Belloni / Puck:

Source: after a backlash on social media, Warner Bros. Discovery plans to let the filmmakers of Coyote vs. Acme shop the movie to other potential distributors — In a surprising about-face, Warner Bros. executives will allow the filmmakers of Coyote vs. Acme, a $70 million live action/CGI …

Justin Baragona / The Daily Beast:

Jason Donner, a former Fox News Capitol Hill reporter, sues the network, alleging he was fired for opposing Fox's “false coverage of the January 6 insurrection” — Donner, who spent 12 years at Fox News, is now suing the network under D.C.'s human-rights statutes, alleging wrongful termination.

Discussion: New York Times, Mediaite, Bloomberg, Associated Press and @justinbaragona

Tara Conlan / The Guardian:

The BBC faces a listener backlash, Ofcom concerns, and potential legal action over controversial local radio cuts, including sharing programs across 39 stations — Exclusive: fallout includes anger from listeners, potential legal action and concerns from Ofcom

Discussion: @matlockhare, @mslaura_brown, @davidlloydradio and @nickfromupnorth

Tim Ingham / Music Business Worldwide:

Warner Music and Universal join Deezer's “artist-centric” royalties model in France, which includes a “double boost” to artists who get 1,000+ streams per month — News follow's Deezer's announcement of the new model with Universal Music Group in September...

Discussion: Variety, Billboard and Digital Music News

Max Tani / Semafor:

Courier Newsroom, a network of liberal news sites, expands ahead of the 2024 US election with new contributors, newsletters, video series, op-eds, and podcasts — The Scoop — An emerging partisan news organization on the left is seriously gearing up to impact the 2024 election.

Discussion: @lucy_ritz, @markjacob16, @couriernewsroom, @melissaryan, @couriernewsroom, @bradyqg, Melissa Ryan on LinkedIn and @kylewilsontharp

Larisha Paul / Rolling Stone:

USA Today appoints its first Beyoncé reporter, working out of the Gannett-owned Tennessean's Nashville newsroom, after hiring a Taylor Swift reporter — Meet journalist Caché McClay, who will work out of the Tennessean's Nashville newsroom as she delves into the inner workings …

Discussion: MediaPost, @ichoseviolences, @bylarisha, Deanna Fry on LinkedIn, @Tergenev@mastodon.social, @myfamny, The Hill, USA Today and The Messenger

Adam Gabbatt / The Guardian:

The Wall Street Journal, CNN, and The Washington Post have all appointed British bosses in the past 12 months; The Times and other UK outlets plan US expansions — Will Lewis's helming of the Washington Post comes after the Wall Street Journal and CNN hired other UK talent as top brass

Discussion: @nejsnave and @janebsinger

Brooks Barnes / New York Times:

Marvel's The Marvels, which cost ~$300M to make and market, netted just $47M in weekend ticket sales in the US and Canada, the lowest ever for a Marvel movie — “The Marvels” cost about $300 million to make and market and arrived to $47 million in domestic sales. — The once-superheroic Marvel Studios is now merely mortal.

Discussion: Variety, @nickmenakos, CNBC, BBC, EW.com, @stephenking, @mattbelloni, Collider, Variety, Collider, @johndilillo, @marvel, Deadline, The Hollywood Reporter, CNN, Associated Press, The A.V. Club, The Wrap, MediaPost, The Playlist, Bloomberg, Rolling Stone and The Messenger

Leah Nylen / Bloomberg:

Google pays Apple 36% of the revenue the internet giant earns from search ads through Safari, per the US v. Google testimony of Alphabet's main economics expert — - Revenue sharing amount was supposed to remain confidential — Google witness disclosed number during antitrust trial in DC

Discussion: New York Post, Reuters, The Information, MediaPost, @bigtechontrial, Gizmodo, Beyond Search, @pranavdixit, @leah_nylen, @jason_kint, @schizanon@mas.to, 9to5Mac and The Verge, more at Techmeme »

Liz Gorny / It's Nice That:

The Guardian launches The Long Read Magazine, a print magazine dedicated to long-form journalism, available at newsstands and The Guardian bookshop for £12.99 — The Long Read Magazine manages to live in two worlds: the bookshelf and newsstand.

Discussion: @sophieelmhirst, @davidedgarwolf, @gdnlongread, @pressgazette and @davidedgarwolf

Choe Sang-Hun / New York Times:

A look at efforts by South Korean President Yoon Suk Yeol to silence journalists in the name of fighting disinformation, including lawsuits and criminal probes — He calls fake news an enemy that threatens democracy. Critics of President Yoon Suk Yeol say he is silencing journalists in the name of fighting disinformation.

Discussion: The Kyiv Independent and Fox News

Archived Page Info:

This is a snapshot of Mediagazer at 8:40 PM ET, November 13, 2023.

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Who's Hiring in Media?

Commissioning Editor - Practical Law — Reuters

Energy Markets Reporter, London — WSJ

Oil Reporter, Singapore — Bloomberg

Newsperson - State Govt. & Politics, CA — AP

Business Reporter, SC — Post & Courier

State Government Reporter, WA — Seattle Times

Climate Crisis Columnist — Prospect UK

Multimedia Journalist, CA — Paramount

Community Engagement Mgr., DC — Freedom Forum

Staff Writer - Business, NY — WIRED

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Climate & Weather Reporter, MN — Star Tribune

Senior Tech Editor, Remote US — The Verge

News Reporter, MA — Berkshire Eagle

Multimedia Journalist, PA — Observer-Reporter

Managing Editor, WA — Everett Herald

Private Credit Reporter, NY — Debtwire

Legislative Reporter, CA — Sacramento Bee

Reporter, PA — Tribune-Review

Visual Editor, Remote — Rest of World

Staff Writer, MI — Watershed Voice

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

National Investigative Reporter, NY — HuffPost

Business & Gaming Reporter, NV — Las Vegas Sun

Coastal Climate Reporter, SC — Island Packet

Environment & Energy Reporter, CT — CT Mirror

Coordinating Editor, OR — OPB

Staff Reporter, CA — Daily Kos

Data Editor, NY — ProPublica

Editor-in-Chief, AZ — Phoenix New Times

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More News:

Axios:
Recurrent Ventures tells employees of a new round of layoffs; sources: at least 13 people at Popular Science, four at Domino, and one at The Drive were laid off

Discussion: @kerrymflynn

Rebecca Keegan / The Hollywood Reporter:
A look at the SAG-AFTRA deal's “Robin Hood fund”, which Fran Drescher pushed for, and which will redistribute some actors' streaming money among SAG members

Discussion: Variety, Sgian-dubh, The A.V. Club and Variety

John D. McKinnon / Wall Street Journal:
Google sues unnamed individuals in India and Vietnam for tricking US-based SMB owners with Facebook accounts into clicking fake Bard ads that install malware

Discussion: The Keyword, The Register, The Verge, Gizmodo, TIME, The Messenger, MediaPost and Ad Age, more at Techmeme »

Dan Williams / Reuters:
The Israeli government plans to hold off on a threatened closure of Al Jazeera's local bureau, omitting the outlet from its new emergency media regulations

Discussion: The Times of Israel

Bron Maher / Press Gazette:
Reach Chief Digital Publisher David Higgerson says that “there is no plan to replace journalists with social media influencers”, after the company cut ~450 jobs

Discussion: @davidhiggerson, @mattgoodingtm, @davidhiggerson, @davidhiggerson, @jnkappers, @paulbreeden2 and @davidhiggerson

Daniel Thomas / Financial Times:
Ofcom Chair Michael Grade describes the BBC's license fee as a “regressive tax”, and calls for the BBC to strengthen its governance and complaints mechanisms

Discussion: @danielthomasldn, The Guardian and City A.M.

Bloomberg:
Hybe, the South Korean music company behind BTS, acquires Spanish-language studio Exile Music, its first step into the burgeoning market for Latin music

Discussion: @nachouy, @tim_bays, Lucas Shaw on LinkedIn, Billboard, Reuters and Digital Music News

Earlier Picks:

Priscille Biehlmann / Reuters Institute:
A look at TOPO, a French magazine launched in 2016 covering the news and complex issues in a graphic-novel format for a teen audience, reaching ~5K subscribers

Discussion: Lisa Drew on LinkedIn and @janebsinger

Brian Morrissey / The Rebooting:
A survey of 201 publishers: the goal of subscriptions is to diversify revenue, 30% are seeing <10% growth in subscription revenue, and churn is a looming issue

Discussion: @peristrathearn

Moira Donegan / The Guardian:
The era of explicitly feminist media in the US appears to be over with the closure of Jezebel, which outlasted the rest of the feminist blogosphere

Discussion: @johnchr42, @jamescrugnale, @virginiascharff, @hamiltonnolan, @kate_kelly_esq, @rawreader, @cfrln, @nynewswomen, @moiradonegan, @Bender@ecoevo.social, @WINGS_radio@mastodon.social, Blair Hickman on LinkedIn, The Times of Israel, Rolling Stone and 404 Media

Carly Thomas / The Hollywood Reporter:
Actress Justine Bateman says union members should only approve SAG-AFTRA's tentative deal “if they don't want to work anymore”, calling out its AI provisions

Discussion: Los Angeles Times, Wired, Rolling Stone, @justinebateman, Gizmodo, Variety, Shelly Palmer, @actorjoshprice, @chescaleigh, @stephanfleet, IndieWire, @hewizard, @kellengoff, @ohheydj, @rmbee, @justinebateman, @justinebateman, The Wrap and CNN

Sophie Culpepper / Nieman Lab:
A look at Press Forward's first six local chapters and their leading funders in Alaska, Minnesota, Wichita, Philadelphia, Chicago, and Springfield, Illinois

Discussion: @allisonfrisch07

Daniel Thomas / Financial Times:
Sources: DMGT is preparing its own Telegraph Media Group bid, after ending talks with a Qatari group over fears the UK would oppose investors from the region

Discussion: @danielthomasldn

From Techmeme:

David Pierce / The Verge:
Google releases a free Gemini app for iOS, letting users ask questions, chat via text, voice, or their camera, and use the conversational mode Gemini Live

Financial Times:
Sources: the US FTC plans to investigate allegations that Microsoft is abusing its market power in productivity software to prevent customers from leaving Azure

Tony Romm / Washington Post:
Sources: the CFPB moves to place Google under formal federal supervision, an extraordinary move that may lead to regular inspections; Google fiercely resisted

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