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6:00 PM ET, December 21, 2023

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 Top News: 
Benjamin Mullin / New York Times:
A look at the financial pressures on National Amusements and Paramount, as Shari Redstone weighs a sale of her family's controlling stake in National Amusements  —  She fought to keep control of her family's media empire.  Now she's considering an exit as financial pressures mount.
Discussion: Financial Times and TrekMovie.com
RELATED:
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 …
Sara Fischer / Axios:
Sources: WBD CEO David Zaslav met with Paramount Global CEO Bob Bakish on December 19 to discuss a possible merger; Zaslav has also spoken with Shari Redstone  —  Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger …
Discussion: Variety, The Wrap, Wall Street Journal, Ad Age, Adweek, CNN, The Streamable, New York Times, Financial Times, Adriana Waterston on LinkedIn, The Guardian, The Verge, Insider Intelligence, Vanity Fair, Forbes, @joaquincastrotx, Caroline Giegerich on LinkedIn, Front Office Sports, Broadband TV News, Mike Allen on LinkedIn, @joaquincastrotx, Inverse, New York Post, The A.V. Club, @joaquincastrotx, Awful Announcing, @nicoleoking, @sherman4949, @sherman4949, @bristei, @bradybrendan1, @chx_rliex, @ralter, @fredsmith914, @gracegfreud, @itsmeglinehan, @mattzollerseitz, @richlightshed, @sherman4949, @tomgara, @sherman4949, @tvgrimreaper, @sarafischer, @mattbelloni, @aagave, @eriqgardner, @bristei, @brianstelter, @loudmouthjulia, @loudmouthjulia, @dylanbyers, @loudmouthjulia, CNBC, Financial Times, Advanced Television, UPROXX, Douglas Montgomery on LinkedIn, Business Insider, Puck, The Information, Barrett Media, Graphic Policy, TVLine, Marin Independent Journal, Mediaite, TrekMovie.com, @jscalzi@threads.net, @SPAM@infosec.exchange, Los Angeles Times, Jo Redfern on LinkedIn, Next TV, IndieWire, SlashFilm, Andrew Cannizzaro on LinkedIn, @stevenrosenthal …, WHDH 7News, Sports Media Watch, Gizmodo, Media Play News, The Hill, Nate Norrish on LinkedIn, ComingSoon.net, @LinuxAndYarn@mastodon.social, @Ductos@mastodon.social, @mgsiegler@threads.net, @imdavidpierce@threads.net, @lachstep.com, @ernie.tedium.co, @factcheckjeff@threads.net, The Desk, @alexhcranz@threads.net, @ernie@writing.exchange, Sara Fischer on LinkedIn, ScreenRant, @Newmy@writing.exchange, @jeffjarvis@threads.net, Chris Palmeri on LinkedIn, The Hollywood Reporter, Consequence, worlds enough and time, Bloomberg, NBC 7 San Diego and Cord Cutters News
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,” …
Andrew Beaujon / Washingtonian:
Washington Post Guild says WaPo “seems to have exceeded its buyout goal”, and it's unclear if the Guild and management can reach a deal before the end of 2023  —  Managers “are attempting to bribe some colleagues to stay,” the Washington Post Guild told members Tuesday.
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.
RELATED:
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 …
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.
Lauren Forristal / TechCrunch:
Medallion, a blockchain platform for artists to connect with fans, raised a $13.7M Series A, after launching music album NFTs in the UK, Australia, and Germany  —  Medallion is a platform for artists to have a dedicated digital hub for promoting album releases, tour dates and merch drops …
 
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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:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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