Top News:
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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
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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.
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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
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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 …
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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
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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
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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 …
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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
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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
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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 …
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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
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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