Top News:
Lora Kolodny / CNBC:
Elon Musk scoffs at advertisers leaving X because of his controversial posts: “If somebody's going to 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” …
Discussion:
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Kim Masters / The Hollywood Reporter:
Linda Yaccarino's former associates describe her as difficult and volatile, but hardworking, and say her self-regard made her think she could manage Elon Musk
Linda Yaccarino's former associates describe her as difficult and volatile, but hardworking, and say her self-regard made her think she could manage Elon Musk
Discussion:
@karaswisher, @nsedef, @halmarshall2309, @nash076, @thr, The Information and Reclaim The Net, more at Techmeme »
Mike Calia / CNBC:
Sources: Activist investor Nelson Peltz and his firm, Trian Partners, are seeking two seats on Disney's board — - Activist investor Nelson Peltz is seeking two seats on Disney's board. — It follows Disney's appointment of Morgan Stanley CEO James Gorman and former Sky TV boss Jeremy Darroch to its board Wednesday.
Discussion:
The Wrap, Variety, Reuters, The Information, Financial Times and The Hollywood Reporter
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Alex Weprin / The Hollywood Reporter:
Nelson Peltz's Trian Partners says they intend to take their “case for change directly to shareholders” after Disney turns down its Board representation request — Peltz's Trian Partners said Thursday that it “intends to take our case for change directly to shareholders.”
Discussion:
Business Wire, @corbinbolies and @sherman4949
Todd Spangler / Variety:
Tubi hires David Salmon, former CTO of Endeavor Streaming, as executive VP and managing director of international, and plans to launch in the EU and the UK — Tubi, Fox Corp.'s ad-supported video-on-demand service, is eyeing a bigger international footprint: The streamer has tapped David Salmon …
Discussion:
Adweek, WORLD SCREEN, The Hollywood Reporter and Cord Cutters News
Max Tani / Semafor:
Sources: MSNBC cancels Mehdi Hasan's show and expands Ayman Mohyeldin's program to replace Hasan's show; Hasan will become an on-camera analyst and fill-in host — MSNBC is canceling outspoken opinion host Mehdi Hasan's weekend program and show on the streaming service Peacock.
Discussion:
Variety, The Hill, Mediaite, @sunraysunray, @oatmeal@kolektiva.social, @joshuaphilll, @joshuaphilll, @abughazalehkat, @parkermolloy, @parkermolloy, @marlownyc, @farhip, The Daily Beast, @froomkin, @antonioserrata@masto.ai, @wesleylowery, @bristei, @brianstelter, The Hollywood Reporter, @jeremymbarr, @maxwelltani and @curtishouck
Alexandra Bruell / Wall Street Journal:
Bari Weiss' Free Press attracts readers miffed with “unfair” Israel media coverage; Free Press now has ~520K subscribers, including nearly 75K paying $8/month — At the Free Press, the site launched by the former New York Times opinion editor, traffic and subscriptions have surged during Israel-Hamas war
Foo Yun Chee / Reuters:
The BEUC and its members follow NOYB in filing a complaint against Meta's €9.99+/month subscriptions in the EU, saying the tier amounts to charging for privacy — Meta Platforms' (META.O) advertising-free subscription service, a fee-based offering rolled out in Europe this month …
Sheena Vasani / The Verge:
TikTok launches verified artist accounts, offering various tools to deepen engagement and improve discoverability, seemingly inspired by Spotify — These accounts can be activated by any musician and come with tools to help artists reach new fans and increase engagement with existing ones.
Discussion:
The Messenger
Wall Street Journal:
Sources: Meta plans to launch Threads in the EU in December, its largest expansion since its July 2023 debut, but only for consumption, no profiles or posting — Expansion is expected in December, a signal of company's commitment to microblogging service — Facebook parent Meta Platforms plans …
Discussion:
TechCrunch, The Information, @newley, @edcarson1971@threads.net and Engadget, more at Techmeme »
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.
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 …
Discussion:
Local News Initiative
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) …
Discussion:
Chris Krewson on LinkedIn and Current