Mediagazer: Sources: conservative media and business execs met with Jimmy Finkelstein at Mar-a-Lago on January 3 to discuss acquiring a 51% stake in The Messenger for $30M (Sara Fischer/Axios)

6:20 PM ET, January 4, 2024

Top News:

Sara Fischer / Axios:

Sources: conservative media and business execs met with Jimmy Finkelstein at Mar-a-Lago on January 3 to discuss acquiring a 51% stake in The Messenger for $30M — A group of conservative media and business executives met with The Messenger founder Jimmy Finkelstein on Wednesday to discuss acquiring …

Discussion: New York Times, @aysrick, @justinbaragona, @peterschorschfl, @jbenton, @jbenton, @jbenton, @jbenton, @taraemcg, @drewsav, @amandabecker, @cmseeberger, @seangriffey, @bencjacobs, @bgrueskin, Andy Barr on LinkedIn, Sara Fischer on LinkedIn and @johnbattelle@threads.net

Sara Fischer / Axios:

Sources: The Messenger is seeking to raise around $20M amid layoffs and financial struggles; it launched in 2023 after a $50M raise — Digital news start up The Messenger is seeking to raise around $20 million amid layoffs and financial struggles, sources tell Axios.

Discussion: @simondowens@threads.net, Julie Westfall on LinkedIn, Defector, The Wrap, @henryporters, @jasonshevrin, @themaxburns, @ernie.tedium.co, @scottnover, @rolandsmartin, New York Post, The Daily Beast and The Information

The Information:

Sources: OpenAI offered some media firms $1M to $5M per year to license news articles for model training; Apple offers more but wants to use content more widely — OpenAI has offered some media firms as little as between $1 million and $5 million annually to license their news articles …

Discussion: Bloomberg, Nicholas Yanes on LinkedIn, The Verge, New York Post, Neil Katz on LinkedIn, @blairmacgregor, @alex, Rafael Brown on LinkedIn, @garymarcus and Thurrott, more at Techmeme »

Sara Fischer / Axios:

Eric Newcomer, founder of the Newcomer newsletter on startups and VCs, says he made $1M+ in 2023 revenue from events and subscriptions and has hired a reporter — Eric Newcomer, the founder and author of Newcomer, an independent newsletter covering startups and venture capital …

Discussion: Talking Biz News, @ericnewcomer, Newcomer, @ericnewcomer, @maddierenbarger and The Guardian

Om Malik / On my Om:

The decline of Wired, once a magazine that inspired hope in technology's future, illustrates a broader loss of necessary optimism among tech writing communities — On January 2nd, 1993, Wired burst onto the scene, and let me tell you, it transformed the way many of us looked at technology and its impact on our future.

Discussion: @spencerreiss, @johnnylaird, @keithgrossman and The Rebooting

Ralph D. Russo / Associated Press:

The NCAA and ESPN announce a $920M, eight-year agreement that will give ESPN rights to 40 championships, including the Division I women's basketball tournament — The NCAA and ESPN announced on Thursday a $920 million, eight-year agreement that will give the network exclusive rights to 40 championships …

Andrew Marchand / New York Post:

YES and MSG Network partner to launch Gotham Advanced Media and Entertainment, a 50/50 venture that aims to capitalize on their streaming services — YES and MSG Network are partnering on a new venture that eventually could lead to a direct-to-consumer streaming service that offers the Yankees …

Discussion: Awful Announcing, Sphere Entertainment Co., Next TV, The Streamable, @tim_bays, Front Office Sports, Sportico, @stegensurvivor, @aagave, @yesnetwork, @mattzeitlin, @loudmouthjulia, @lucas_shaw, @ncostanzo24, @andrewmarchand, @pitchforkedpuck and The Hollywood Reporter

Wall Street Journal:

As Google restricts third-party cookies for 1% of Chrome users, marketers, adtech companies, and publishers say Google has not done enough to prepare the market — Search giant plans to remove a technology seen as critical to the digital-ad industry — Google is going forward …

Jacob Feldman / Sportico:

Marie Donoghue, vice president of global sports video at Amazon's Prime Video and a former top ESPN executive, is leaving the company — Five years after being tapped by Amazon to lead its global sports programming efforts, Marie Donoghue is leaving the company, a spokesperson confirmed.

Discussion: Variety, Awful Announcing, Barrett Media, @jacobfeldman4 and @andrewmarchand

Agence France-Presse:

Tunisian authorities arrest Al Jazeera reporter Samir Sassi, one week after the arrest of Tunisian journalist Zied el-Heni, who criticized a minister — Samir Sassi joins growing number of journalists imprisoned and prosecuted in country — Tunisian authorities have arrested an Al Jazeera reporter …

Discussion: IFJ and Committee to Protect …

Bloomberg:

Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to increase merchant fees to 6% of each sale in April 2024 — - ByteDance's video app is fast expanding beyond advertising … The 2024 merchandise volume goal for the US version of TikTok Shop …

Discussion: MediaPost, @yohaas, Semafor, @herrmanndigital, @rishabhmjain, @alejandrochahin, TechCrunch, Digital Music News, @carnage4life@mas.to, The Information, WWD, Forbes and Insider Intelligence

Brian Steinberg / Variety:

GroupM forms a consortium with Disney, Roku, NBCU, YouTube, and others to push for standardized measurements and ad formats for use across streaming services — One of the nation's biggest investors of ad dollars wants to push big large streamers to work together when it comes to commercials.

Discussion: Tubefilter, Next TV, Deadline, GroupM, Adweek and Ad Age, more at Techmeme »

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