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6:25 AM ET, January 5, 2024

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 Top News: 
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.
RELATED:
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 …
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
Casey Newton / Platformer:
Substack wants to be seen as a pure infrastructure provider, akin to Cloudflare, but a platform can't claim to be simple software when it recommends content  —  Some thoughts on platforms and Nazis  —  Most days, this column looks at controversies unfolding on other tech platforms.
Ben Mullin / @benmullin:
Sources: Axios names Holly Moore as Axios Local executive editor, replacing Jamie Stockwell; staff were told local ad revenue rose 40% in 2023  —  Scoop: Holly Moore — formerly of USA Today and currently head of local innovation Hub for Axios —named exec ed for local. Jamie Stockwell, current exec editor, leaving for a new gig. Staff told eight cities now have 100,000 (unpaid) subs. Local ad revenue was up 40% last year.
Discussion: @jmhaigh
RELATED:
Andrew Beaujon / Washingtonian:
Sources: Jamie Stockwell, who had been Axios Local executive editor, will oversee Washington Post local coverage, replacing Mike Semel, who has been promoted  —  Jamie Stockwell previously oversaw Axios Local's expansion to dozens of metro regions.  —  Jamie Stockwell, who was the executive editor …
Press Gazette:
Analysis: in 2023, media outlets in the UK, the US, and Canada cut at least 7,900 jobs and only made 361 announcements for new positions  —  Biggest headcount losses proposed at BCE Inc and CBC in Canada, as well as News Corp and Reach.  —  More than 7,900 journalism industry job cuts throughout 2023 …
Nancy Tartaglione / Deadline:
Gower Street estimates the global box office reached $33.9B in 2023, up 30.5% on 2022 but 15% below the 2017-2019 average; China rose 83% YoY to ~$7.7B in 2023  —  Global box office is estimated to have reached $33.9B for 2023, a 30.5% gain on 2022, according to Gower Street Analytics.
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 …
Brian Steinberg / Variety:
VideoAmp founder Ross McCray steps down as CEO as the company prepares to lay off nearly a fifth of its staff; Peter Liguori will serve as executive chairman  —  The founder of VideoAmp, a measurement-technology start-up that has been vying with Nielsen and others to create a new means …
Discussion: MediaPost and Ad Age
 
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 More News: 
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
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
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
 Earlier Picks: 
Paul Sandle / Reuters:
Layered Reality announces Elvis Evolution, an AI, AR, and holographic-based show, launching in London in 2024 before traveling to Las Vegas, Tokyo, and Berlin
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
Aditya Kalra / Reuters:
Sources: Disney and Reliance executives signed a non-binding term sheet in December and both have hired law firms to do antitrust due diligence for their merger
Discussion: Variety
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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