Mediagazer: Memo: Yahoo News lays off staff across its US editorial team and plans to shut down its “In the Know” vertical, which curated news for Gen Zers and millennials (Corbin Bolies/The Daily Beast)

Tom Symonds / BBC:

Lawyers for News UK and former UK Cabinet minister Chris Huhne reach a settlement in a phone hacking case that Huhne says includes a “six figure sum” in damages — The publisher of the Sun and the News of the World has agreed a “six figure” settlement to a phone-hacking claim from a former government minister.

Discussion: Byline Times, @peterjukes, @bgrueskin, @brianstelter, @davidfolkenflik, @uvuume, @peterjukes, The Guardian and Hacked Off

Bron Maher / Press Gazette:

The Sun publisher News Group Newspapers pays out “substantial damages” to a group of celebrities and apologizes over unlawful information-gathering practices — News Group Newspapers apologised to the claimants, who include Mel C and Catherine Tate.

Discussion: Reuters, Mediaite and NPR

Drew Richardson / CNBC:

Disney investor Ancora urges other Disney shareholders to put Nelson Peltz on the board and blasts the existing board for “sustained value destruction” — - Activist investor Ancora issued a letter to Disney shareholders urging the company to add Nelson Peltz to its board.

Discussion: Business Wire, The Information, Yahoo Finance, Axios, @ernie.tedium.co and The Wrap

Charlotte Klein / Vanity Fair:

Jessica Lessin and others reflect on 10 years of The Information, which has 65 full-time employees, 475K active readers, and expects revenue growing 30% in 2023 — As the tech website turns 10 this week, its editor in chief reflects on building a sustainable subscription business off Silicon Valley scoops …

Discussion: Simon Owens's Media Newsletter, @kantrowitz, @jaycodon, @theinformation, @tomgara, @mvpeers, @lessin, @brianstelter, @jessicalessin, @charlottetklein, @lessin and @theinformation

Wall Street Journal:

The US State Department says Russia rejected a “significant” proposal to release The WSJ's Evan Gershkovich; sources: the offer involved trading prisoners — U.S. seeking to win freedom for Evan Gershkovich and Paul Whelan, State Department spokesman says

Discussion: The Desk, BBC, The Hill, Fox News, Mediaite, Associated Press, CNN, CBS News, Agence France-Presse, The Messenger, Talking Biz News and Voice of America

Andrew Beaujon / Washingtonian:

Over 700 Washington Post staffers plan to strike on December 7 over stalled contract talks amid cost cuts; by last week, 36 newsroom employees accepted buyouts — More than 700 employees plan to walk off the job for 24 hours. — More than 700 Washington Post employees plan to walk off the job Thursday for a 24-hour strike.

Discussion: Reuters, @genepark, @viacristiano, @rokhanna, Washingtonian, @sarafischer, @postguild, The Messenger and Talking Biz News

Axios:

FazeWorld, a production studio that creates shows for TikTok, Instagram, YouTube, and others, raised a $750K seed round at a $7.5M valuation — FazeWorld, a production studio that's created viral TikTok shows, has raised a $750,000 seed round at a $7.5 million valuation from a slew of big names in media …

Corbin Bolies / The Daily Beast:

Memo: Yahoo News lays off staff across its US editorial team and plans to shut down its “In the Know” vertical, which curated news for Gen Zers and millennials — It's the latest news outlet to slash its payrolls as the media market takes hit after hit.

Discussion: New York Post

Jordan Moreau / Variety:

Three Pixar movies released solely on Disney+ during the pandemic will come to theaters in 2024: Soul on January 12; Turning Red, February 9; and Luca, March 22 — The three movies will come to theaters nationwide in 2024, with tickets going on sale Jan. 2.

Discussion: The Wrap, The Hollywood Reporter, SlashFilm, ScreenRant, @chrisharihar, Bloomberg, IndieWire, The Playlist, The Verge, SlashFilm, Engadget and The Walt Disney Company

Will Sommer / Washington Post:

Ex-Fox News employee Andrew Delancey sues the network and top producer Justin Wells over an alleged sexual assault; Wells now works on Tucker Carlson's X show — A former Fox News staffer is suing the producer — who was fired last spring along with the host — over the alleged assault …

Discussion: Adweek, Media Matters for America, HuffPost, CNN, The Messenger, New York Times, Rolling Stone, Mediaite, Business Insider, The Daily Beast, Variety, Wall Street Journal, Los Angeles Times and Boing Boing

Dade Hayes / Deadline:

Telemundo names former Noticias Telemundo president Luis Fernández as chairman, replacing Beau Ferrari, who will become an adviser with NBCUniversal News Group — - Spectrum-Disney Deal “Absolutely” Created Blueprint For Future Carriage Deals, Charter CFO Says; Q4 Broadband Subscriber Loss Warning Hits Stock

Discussion: Adweek, Variety, The Wrap, The Hollywood Reporter, Radio & Television … and WORLD SCREEN

Sara Guaglione / Digiday:

The New York Times, The Boston Globe, and CNN are seeing engagement grow on Threads, while the BBC, the Guardian US, and others stopped posting on the platform — This editorial series examines industry trends across the media, media buying and marketing sectors as 2023 closes and the new year begins.

Discussion: @gigold.social and @mkarolian@threads.net