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5:35 AM ET, November 30, 2023

Mediagazer

 Top News: 
Lora Kolodny / CNBC:
Elon Musk dismisses fear of advertisers leaving X after his controversial posts: “If somebody's gonna try to blackmail me with advertising ... go fuck yourself”  —  - In recent weeks, Musk has promoted and sometimes verbally endorsed what the White House called “antisemitic and racist hate” …
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Kim Masters / The Hollywood Reporter:
Former associates of Linda Yaccarino describe her as difficult and volatile but hardworking, and say high self-regard made her think she could manage Elon Musk  —  The former NBCUniversal ad sales chief thought she could manage the mercurial Elon Musk.  Her former colleagues are baffled at the result …
Jennifer Bowers Bahney / Mediaite:
Elon Musk says organizations that don't pay for X subscriptions don't get recommended, in a reply to a question about X's throttling of The New York Times  —  Elon Musk sat for a question and answer session with journalist Andrew Ross Sorkin during the 2023 DealBook Summit sponsored by The New York Times.
Alexandra Topping / The Guardian:
The BBC says Newsnight will become a “30-minute interview, debate, and discussion show” and cuts 30+ jobs to save £7.5M as part of plans to make £500M in cuts  —  More than half of jobs at flagship BBC Two political programme to be lost as corporation diverts money to digital platforms
RELATED:
CBC News:
Google and Canada reach an agreement in their dispute over the country's Online News Act; Google plans to pay news companies around CA$100M, or ~$74M, per year  —  Agreement comes 3 weeks before Online News Act rules come into force  —  Google and the federal government have reached …
Sports Business Journal:
NASCAR announces media rights deals with Amazon's Prime Video, WBD's TNT Sports, Fox Sports, and NBC Sports, for 2025 to 2031; sources: deals are worth $7.7B  —  NASCAR is on the cusp of announcing $7.7B worth of media rights deals with Fox Sports, NBC, Warner Bros. Discovery and Amazon.
Lisa Richwine / Reuters:
Disney CEO Bob Iger says ABC is not for sale, despite his earlier comment that it might not be “core” to Disney, and he'll “definitely” step down in 2026  —  Walt Disney (DIS.N) Chief Executive Bob Iger said on Wednesday he would “definitely” step down when his current contract ends …
Charlotte Tobitt / Press Gazette:
Analysis: 11 of the 13 local news websites that UK-based Reach plans to close before the end of 2023 saw double-digit percentage audience drops in the past year  —  Ten sites have announced they will no longer be updated from Thursday.  —  Eleven of the 13 local news websites being closed …
Institute for Nonprofit News:
The INN board announces that Karen Rundlet will become CEO of the Institute for Nonprofit News on January 8, succeeding Sue Cross  —  Philanthropy leader and multimedia journalist Karen Rundlet will become chief executive officer of the Institute for Nonprofit News (INN) …
Taylor Lorenz / Washington Post:
Substack rolls out video creation and editing tools to enable creators to publish video podcasts, create interactive AI-made transcripts, and customize clips  —  Content creators are launching original shows on Substack as the company introduces a suite of new video tools
Todd Spangler / Variety:
Netflix plans to add Grand Theft Auto: The Trilogy to its mobile app, the App Store, and Google Play on December 14, available to its users at no extra charge  —  The three classic titles in “Grand Theft Auto: The Trilogy - The Definitive Edition" will be available Dec. 14 for Netflix customers …
 
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 More News: 
Jay Peters / The Verge:
Intuit Mailchimp plans to shut down TinyLetter on February 29, 2024, to focus on its core Mailchimp marketing product; Mailchimp acquired TinyLetter in 2011
Alex Weprin / The Hollywood Reporter:
WBD CEO David Zaslav says “generational disruption” is affecting the entertainment industry and “requires more aggressive, tougher, faster, decisions”
Steph Brawn / The National:
The BBC apologizes after an “editing error” led to an inaccurate Arabic translation being shown against an interview with a released Palestinian prisoner
Steven J. Horowitz / Variety:
Spotify reveals 2023's most-streamed artists, albums, songs, and podcasts: Taylor Swift and Bad Bunny, Miley Cyrus' Flowers, The Joe Rogan Experience, and more
 Earlier Picks: 
Katie Robertson / New York Times:
Music and culture outlet Paste Magazine buys Jezebel, with plans to start publishing today, and Splinter, the political news site shut down by G/O Media in 2019
Mike Seymour / fxguide:
Unity plans to cut 265 jobs, or 3.8% of its workforce, and end its services deal with VFX company Wētā FX to focus on its core business in a “company reset”
Variety:
Robert De Niro blasts Apple and the Gotham Awards, after sources say Apple edited his prepared speech that slammed Trump; he read his original speech on a phone
Mark Sweney / The Guardian:
The Guardian reaches a first-look deal with Sony Pictures Entertainment to develop the Guardian Media Group's content for adaptation to film and TV
Karlene Lukovitz / MediaPost:
Digital TV Research: global video-on-demand subscriptions are expected to grow by 321M between 2023 and 2029 to 1.79B, with the six top US-based services up 26%