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7:00 PM ET, December 21, 2023

Mediagazer

 Top News: 
Reuters:
Some analysts say a WBD and Paramount merger would likely leave the companies “worse off”: billions deeper in debt and saddled with dying traditional TV assets  —  Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) are likely to be “worse off” together as a merger …
RELATED:
Arlene Getz / Committee to Protect Journalists:
At least 68 journalists have been killed in the first 10 weeks of the Israel-Hamas war, more than have ever been killed in a single country over an entire year  —  More journalists have been killed in the first 10 weeks of the Israel-Gaza war than have ever been killed in a single country over an entire year, according to CPJ data.
Richard Lawler / The Verge:
Substack co-founder Hamish McKenzie doubles down on not moderating Nazi content, after 200+ authors criticize the company for “platforming and monetizing Nazis”  —  More than 200 Substack authors asked the platform to explain why it's “platforming and monetizing Nazis,” …
Robinhood Newsroom:
Robinhood's Sherwood Media acquires UK-based Chartr Limited, a “data-driven media company and newsletter publisher”, to complement Sherwood's Snacks newsletter  —  Sherwood Media, LLC has added U.K.-based Chartr Limited, a data-driven media company and newsletter publisher …
Andrew Beaujon / Washingtonian:
The Washington Post Guild says “the company seems to have exceeded its buyout goal”, and it's unclear whether the Guild and management can reach a deal in 2023  —  Managers “are attempting to bribe some colleagues to stay,” the Washington Post Guild told members Tuesday.
Reuters:
Analysis: ABBA Voyage, the London show performed by 3D avatars of the band created using motion capture, made £322.6M in revenue in the 12 months since May 2022  —  Thank you for the music, London's authorities might say, after Swedish pop group ABBA's digital concert residency raked …
Emily Schmall / New York Times:
A look at Indian women journalists fighting to be heard, trying to overcome family resistance, harassment, and the Modi government's increasing legal threats  —  Journalists have been targeted for harassment, and some women are only allowed to speak to the press if they have a male chaperone.
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Bron Maher / Press Gazette:
Slow news outlet Tortoise Media reports a £4.6M loss before taxes in 2022, up 45% YoY, revenue up 15% YoY to £6.24M, and 73 employees  —  The company said the loss represented the costs of investing in the business.  —  “Slow news” outlet Tortoise Media made a £4.6m loss …
Business Insider:
Ozy Media sues Ben Smith, Semafor, and BuzzFeed, alleging Smith used the failed BuzzFeed-Ozy merger to sabotage Ozy and steal its business model for Semafor  —  - A dishy lawsuit from Ozy accuses Ben Smith of killing the company only to steal its business model for Semafor.
 
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 More News: 
Elsa Keslassy / Variety:
French TV network TF1 plans to debut AVOD TF1+ on January 8; the service will include Top Chrono, an AI tool that lets users watch sports games for any duration
 Earlier Picks: 
Will Sommer / Washington Post:
A reporter's departure from The Dallas Morning News and a front-page retraction prompt a union grievance and suspicion that managers bowed to political pressure
Morgan Sung / TechCrunch:
A look at the first annual VTuber Awards, a five-hour, live awards show for virtual YouTubers, hosted from an enclosed green box in WePlay's Los Angeles studio
Katherine Blunt / Wall Street Journal:
Rebecca Smith, a Wall Street Journal reporter for 20+ years who exposed Enron's financial deceit and co-authored a book about the company's collapse, dies at 68
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple and OpenAI are preparing a major announcement of their partnership at WWDC; the new AirTag with a better chip is scheduled to arrive by mid-2025

Sam Altman / @sama:
Sam Altman says he is embarrassed that there was a provision about potential equity cancellation in exit docs, and OpenAI never took back anyone's vested equity

Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships
 
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