Mediagazer: UMG and Tencent Music Entertainment renew their licensing agreement, allowing Tencent to distribute UMG content on QQ Music, Kogou Music, Kuwo Music, and WeSing (Marc Schneider/Billboard)

5:25 PM ET, January 3, 2024

Top News:

Blackwells nominates three candidates to Disney's board to rival Nelson Peltz's proxy fight, and says Disney's ValueAct deal is “a disappointing defensive move” — Disney and CEO Bob Iger have secured votes of confidence from two key allies in the company's proxy fight with Nelson Peltz.

Discussion: GlobeNewswire News Room, The Hollywood Reporter, @xpangler, Radio & Television … and Reuters

Michael Flaherty / Axios:

Hedge funds vie for power at Disney: ValueAct supports Disney's board slate, Trian and Ancora support Nelson Peltz, and Blackwells pushes other board candidates — Trian, ValueAct, Ancora and Blackwells — it's a fight within a fight. … ValueAct, in turn, said it would support Disney's slate of directors.

Discussion: Reuters, IndieWire, Los Angeles Times, Bloomberg, UPI, The Wrap, The Information, Wall Street Journal, The A.V. Club and New York Post

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 company

Discussion: The Walt Disney Company, Wall Street Journal, Next TV, Variety, The Hollywood Reporter, Deadline, Reuters and Financial Times

Max Tani / Semafor:

Sources: The Messenger's board weighed shutting the site down, at a December 29 meeting, and Jimmy Finkelstein has expressed a willingness to sell the site — The Scoop — The board of the startup news organization The Messenger weighed shutting the publication down at a meeting on Friday …

Discussion: The Information, @jbenton, @caleweissman, @thestalwart, @maxwelltani, @justinbaragona, @maxwelltani, @scottnover, @mediaevan and @mekosoff

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”

Discussion: Mediaite, Talking Biz News, The Wrap, @benmullin, @theloniusly, @benjaminopowers, @lmoses, @carlmacgowan, @stufalk, @evolambert, @carloseats, @tomaxwell, @benmullin, New York Post and The Information

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

Discussion: American Press Institute and Richard Beckman on LinkedIn

Marc Schneider / Billboard:

UMG and Tencent Music Entertainment renew their licensing agreement, allowing Tencent to distribute UMG content on QQ Music, Kogou Music, Kuwo Music, and WeSing — “UMG will continue to work with TME to bring the very best in music to these passionate music consumers.”

Discussion: Variety, Tencent Music Entertainment … and Music Business Worldwide

Jay Peters / The Verge:

Twitch changes its sexual content policies again and says the platform won't allow streamers to “imply or suggest that they are fully or partially nude” — Twitch is changing its sexual content policies again, this time to prohibit implied nudity on the platform.

Discussion: Forbes, @carnage4life@mas.to, @MikeElgan@mastodon.social, ClutchPoints and safety.twitch.tv, more at Techmeme »

Alex Weprin / The Hollywood Reporter:

T-Mobile plans to bundle Hulu's ad-supported tier with its Go5G Next plan from January 24; Netflix and Apple TV+ are already free on the Go5G Next plan — The mobile carrier already offers complimentary Netflix and Apple TV+ on its Go5G Next plan. … The telecom giant says that it is …

Discussion: The Desk, The Streamable, 9to5Mac, BGR, Variety, MediaPost and Cord Cutters News

Brian Steinberg / Variety:

Athan Stephanopoulos plans to leave as CNN's chief digital officer at the end of January, the second turnover of digital executives at CNN since WBD took over — Athan Stephanopoulos will leave his role as chief digital officer of CNN as the news outlet's new chief starts to implement …

Discussion: Financial Times, Deadline, @dylanbyers, The Wrap, @dylanbyers, @pressgazette, The Hollywood Reporter and @bristei

Charlotte Tobitt / Press Gazette:

The UK Editors' Code of Practice Committee rejects calls to extend the discrimination clause in the code to cover Jews, Muslims, those with ADHD, and others — Leading editors have rejected new calls to extend the discrimination clause of the Editors' Code of Practice to cover groups.

Aleks Chan / The Guardian:

The Guardian US raised $2.2M in its 2023 year-end fundraiser, up 25% from the previous record and the most successful raise since its first appeal six years ago — The Guardian US had its most successful end of year fundraiser ever, raising more than $2m to support our journalism in 2024

Christopher Williams / Telegraph:

Sources: The Telegraph delays its restructuring until January 31, after UK officials asked to wait until Ofcom reviews RedBird IMI's takeover — ‘Hive down’ delayed until after Ofcom delivers review of Abu Dhabi-backed takeover — A corporate restructuring of The Telegraph viewed …

Discussion: @pressgazette

Mark Gurman / Bloomberg:

Roku plans to launch its first 55", 65", and 75" high-end Pro Series TVs in spring 2024, offering improved picture quality and better audio for up to $1,500 — Roku Inc., the maker of TV streaming boxes and software, is debuting its first high-end televisions in a bid to continue sales momentum for the company's devices.

Discussion: Next TV, The Streamable, TechCrunch, The Verge, BGR, 9to5Google, Cord Cutters News and Media Play News, more at Techmeme »

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

Archived Page Info:

This is a snapshot of Mediagazer at 5:25 PM ET, January 3, 2024.

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Who's Hiring in Media?

Accounting Specialist Editor, Remote US — Reuters

Senior Correspondent - Wealth, NY — WSJ

Asia Credit Reporter, Seoul — Bloomberg

Senior Editor, DC — National Geographic

Sr. Social Media Specialist, NC — espnW

Associate Editor - Aviation, TN — Firecrown

Assistant Editor - Digital, NC — SBJ

Video Producer - YouTube, NY — Morning Brew

Senior Managing Ed. - Daily Desk — The Athletic

Content Managing Editor — Freedom Forum

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Associate Editor, Remote — Tech Policy Press

Retail Reporter, MN — Star Tribune

Senior Data Editor, DC — U.S. News

Managing Ed. - Berks County, PA — Spotlight PA

News Editor - UK, Remote — The Verge

Staff Writer, TX — Dallas Observer

Multimedia Journalist, PA — Observer-Reporter

Service Journalism Editor, CA — Sacramento Bee

Content Director, Remote — Campaigns & Elections

Sports Reporter, ME — Bangor Daily News

Los Angeles Issues Reporter, CA — CalMatters

Reporter - Middle East — Rest of World

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Senior Media Editor — Digiday

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More 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

Discussion: BPI, CMU, BPI, Music Week, The Guardian, Financial Times and Music Ally

Jay Peters / The Verge:
X launches a Verified Organizations Basic tier for $200/month or $2,000/year, in addition to Full Access for $1,000/month and $50/month for each US affiliate

Discussion: MediaPost, @adrianpcarbone, @verified and X, more at Techmeme »

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

Discussion: The Guardian, @dankennedy_nu@threads.net, Adweek, @alex.stamos@threads.net, @marisakabas@threads.net, @nopipbutcpip.bsky.social, @mmasnick.bsky.social, @marisakabas@threads.net, @marc.e.elias@threads.net, @reporterzoe@threads.net, @brianforrester8@threads.net, @johnbattelle@threads.net, @jacaranda7@threads.net, @marisakabas.bsky.social and @crumbler@threads.net

Sarah Krouse / Wall Street Journal:
Antenna: 6.3% of US customers cancelled major streaming services in November 2023, up from 5.1% YoY; 24% canceled three or more services over the past two years

Discussion: @trengriffin, @tvgrimreaper, Simon Owens on LinkedIn, The Hill, MediaPost, Digiday, Dan Goman on LinkedIn, @danilo@hachyderm.io, Breitbart, New York Post and The Streamable

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

Discussion: Digiday and PR Newswire

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

Discussion: Breitbart, Business Insider, The Hollywood Reporter, @Lilith111@mastodon.social, ScreenRant and Variety

Earlier Picks:

Ben Jiang / South China Morning Post:
A look at the rise of mini TV series, typically 100+ one-to-five-minute episodes, with the first ~10 free to watch, on Chinese short video platforms like Douyin

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

Discussion: @chrisharihar, @benmullin, @sherman4949, Adweek, New York Post, The Desk and Variety

Chris Roush / Talking Biz News:
G/O Media names Dan Hirschhorn as editor-in-chief of Quartz; Hirschhorn most recently worked for The Pittsburgh Post-Gazette and The Philadelphia Inquirer

Discussion: @danhirschhorn1 and Dan Hirschhorn on LinkedIn

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

Discussion: Mediaite, The Hill, CNN, New York Post, Fox News, Boing Boing, Newser, @brianstelter, Axios, Semafor, Breitbart, Adweek, Washington Post, CBS News, Bloomberg, The Desk, Forbes and Media Matters for America

Ben Schoon / 9to5Google:
X posts with link previews now display titles or headlines in the bottom left corner of the image, but the text size is small and long headlines get cut off

Discussion: The Verge, TechCrunch, Forbes, The Register, The Hill, New York Post, @crumbler@threads.net and Bloomberg

From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024, that let users log in under specific circumstances with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel's CEO scraps forecast of selling $500M+ worth of Gaudi AI chips in 2024, blaming slower uptake on Gaudi 2 to Gaudi 3 transition and software ease of use

Bloomberg:
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999

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