Top News:
Justin Baragona / The Daily Beast:
Richard Beckman, president of The Messenger, announces his resignation, citing health problems, and says January 31 will be his last day — The troubled “non partisan” news startup has seen a staff exodus over the last few months. — Richard Beckman, hard-charging president of the news site The Messenger, has resigned.
Discussion:
Richard Beckman on LinkedIn
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Benjamin Mullin / New York Times:
Source: The Messenger is expected to lay off roughly two dozen out of ~300 employees this week; the company says it is “in the midst of a second-round raise” — The company, an aggressive entrant to the digital news space, is expected to cut roughly two-dozen employees later this week.
Discussion:
@benmullin, New York Post, The Information, @benmullin and The Wrap
Benjamin Mullin / New York Times:
In an email, Cheddar furloughs at least some employees, effective immediately, and bars them from further work, blaming unforeseen internal and external factors — The “post-cable” news network said “unforeseen internal and external factors” caused the sudden work stoppage.
Discussion:
New York Post, The Desk, @sherman4949, Adweek and Variety
Kelly Garrity / Politico:
Donald Trump plans to forgo the CNN's GOP primary debate in favor of a town hall on Fox moderated by Fox anchors Bret Baier and Martha MacCallum — The former president has yet to debate other Republican primary candidates. — Former President Donald Trump will participate …
Discussion:
CNN, Axios, Washington Post, The Desk, Breitbart, CBS News, Newser, Mediaite, @brianstelter, Bloomberg, The Hill, New York Post, Forbes, Adweek and Fox News
Stuart Dredge / Music Ally:
BPI: UK consumers streamed 179.6B audio tracks in 2023, up 12.8% YoY; women artists topped the UK's official singles chart for a record 31 of the 52 chart-weeks — British labels body the BPI has published its annual report on music consumption in the UK. — That means figures covering …
Discussion:
BPI, Financial Times, Music Ally, The Guardian, BPI and Music Week
Adam Chitwood / The Wrap:
USC study: women directed 12.1% of 2023's top films, up from 2022's 9%; Universal led with four top films directed by women, followed by Lionsgate and Disney — A USC Annenberg report finds that only 12.1% of the year's top films were directed by women — While Greta Gerwig's “Barbie” …
Discussion:
Business Insider, The Hollywood Reporter, @Lilith111@mastodon.social, ScreenRant and Variety
Casey Newton / Platformer:
Casey Newton says Platformer will meet with Substack, hoping Substack will remove pro-Nazi content, and Platformer plans to leave if Substack fails to do so — A New York Times lawsuit won't be the last challenge to LLMs' free-riding. PLUS: A note on Substack and Nazis — ∙ Paid
Jay Peters / The Verge:
X launches a Basic tier for Verified Organizations at $200/month or $2,000/year, in addition to Full Access at $1,000/month and $50/month for each US affiliate — X (formerly Twitter) now has a “basic” tier for Verified Organizations, which gets you a gold checkmark badge (and a few other benefits) …
Discussion:
@verified and X, more at Techmeme »
Sarah Krouse / Wall Street Journal:
Antenna: US customer cancellations at major streamers rose to 6.3% in November, up from 5.1% YoY; 24% of users canceled 3+ subscriptions over the past two years — Hulu, Netflix and other streamers are turning to bundles, discounts and ad-supported plans as customer defections rise
Ray Schultz / MediaPost:
Quebec City's Le Soleil newspaper, founded in 1896, ends its print edition, going fully digital; the newspaper started printing on Saturdays only in March 2020 — Le Soleil, a newspaper based in Quebec City, has published its last print edition and is now going entirely digital.
Discussion:
CBC News
Ben Scent / Bloomberg:
Disney signs a confidentiality agreement to share information with shareholder ValueAct, which will support Disney's board nominees, and consult with the firm — ValueAct Chief Investment Officer Mason Morfit said in the statement that Disney has the best intellectual property …
Discussion:
Variety, Variety, Reuters, Deadline, Financial Times, Wall Street Journal, The Walt Disney Company and The Hollywood Reporter
Joe Mandese / MediaPost:
Omnicom closes its $900M acquisition of Flywheel Digital from Ascential; ex-Ascential CEO Duncan Painter will lead Flywheel as a practice area within Omnicom — Omnicom this morning confirmed it has closed on its $900 million acquisition of Flywheel Digital from Ascential plc …
Discussion:
Omnicom Group Inc. and Digiday