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10:20 PM ET, January 16, 2024

Mediagazer

 Top News: 
Jill Goldsmith / Deadline:
Disney does not endorse the nominations of Nelson Peltz and James Rasulo put forth by Peltz's Trian Fund, nor does it endorse the nominations made by Blackwells  —  Disney CEO Bob Iger's compensation totaled about $31.6 million for the company fiscal year ended Sept. 30.  It includes most of the year.
RELATED:
Rick Porter / The Hollywood Reporter:
Nielsen: the Emmy Awards drew their smallest audience ever with 4.3M viewers, down 27% YoY, hitting a low in viewers for the fifth time in the past six years  —  Airing opposite an NFL playoff game and Iowa caucus coverage, the delayed ceremony tumbles again.
Michael M. Grynbaum / New York Times:
News outlets calling Trump as the winner of the Iowa caucuses early infuriates his Republican rivals and prompts new hand-wringing about the media and elections  —  No votes had been cast at some locations when The Associated Press and TV networks projected Donald Trump as the winner, half an hour after the caucuses began.
Shelby Talcott / Semafor:
ABC News and WMUR-TV cancel their scheduled Republican presidential primary debate in New Hampshire after Nikki Haley and Donald Trump refused an invitation  —  The News  —  That appears to be it for the Republican primary debates.  ABC News and WMUR-TV announced on Tuesday they were canceling …
Colin Salao / TheStreet:
Barstool Sports CEO Erika Ayers Badan says she is stepping down after joining in 2016 and overseeing massive growth at the outlet  —  Ayers Badan was sentimental in a video posted to social media.  —  Barstool Sports is losing its CEO.  —  Erika Ayers Badan, the CEO of Barstool Sports posted on X …
David Folkenflik / @davidfolkenflik:
[Thread] In a meeting with staffers, The Baltimore Sun's new owner claims he paid nine figures, had read the paper just four times, and the Sun was profitable  —  The Baltimore Sun's new owner, David D. Smith, met with staffers today for more than two hours. Many left on edge. He claimed he had read the paper just four times. He grew up here; his family's local TV empire - Sinclair - is based in Baltimore Co. Other highlights:
The Wrap:
Sources: the LAT suffers from its owner meddling in editorial decisions and from a lack of vision without a CEO; a former editor estimates it's losing $50M/year  —  Respected editor Kevin Merida abruptly resigned last week after getting fed up with owner interference in the newsroom
Kenneth Li / Reuters:
Thomson Reuters acquires World Business Media, a subscription-based, 25-person outlet providing news and analysis on the insurance market  —  said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market.
Sara Fischer / Axios:
Sources: Red Ventures has approached buyers about selling CNET for at least $250M, after acquiring the outlet and other sites for $500M in 2020  —  Red Ventures, the digital media and marketing juggernaut based in Fort Mill, South Carolina, has approached strategic buyers about offloading tech news …
Winston Cho / Hollywood Reporter:
FilmLA: Los Angeles film and TV production fell 36.4% YoY to 5,520 shoot days in Q4 amid the Hollywood strikes, marking the fourth consecutive quarterly drop  —  The actors and writers strikes, combined with runaway production, led to some of the lowest production levels in the city's recorded history.
Rebecca Sun / The Hollywood Reporter:
Adobe and the Adobe Foundation commit $6M to launch The Adobe Film & TV Fund to support the work of existing nonprofits that help underrepresented creators  —  The company and its foundation is collaborating with the NAACP, Easterseals, Gold House, Latinx House, Sundance Institute and Yuvaa in its first year.
 
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 More News: 
Winston Cho / The Hollywood Reporter:
Disney and 20th Century settle a lawsuit from TSG, which accused them of withholding profits and self-dealing to boost sub numbers for their streaming services
Discussion: The Wrap
Emma Roth / The Verge:
Google is cutting “a few hundred roles globally” on its advertising sales team, mainly affecting a unit that sells ads to large businesses
Joe Rossignol / MacRumors:
Apple details select streaming and sports apps available on Vision Pro at launch, including Disney+, ESPN, MLB, PGA, Max, and TikTok; some will have 3D movies
Beatrice Nolan / Business Insider:
MrBeast uploads his first X video to test its ad revenue system; in December 2023, MrBeast said a billion views on X “wouldn't fund a fraction of” of his videos
 Earlier Picks: 
David Segal / New York Times:
A look at music streaming fraud, including bot farms and pirates relabeling musicians' work to steal revenue; Beatdapp estimates fraud costs musicians $2B/year
Lesley Goldberg / The Hollywood Reporter:
WBD's HBO and Max won 31 awards at the 75th Emmy Awards, while Netflix won 22, FX 16, Apple TV+ 10, Disney+ nine, Amazon Prime Video six, and NBC five
Calum Jaspan / Sydney Morning Herald:
Nine names Tory Maguire, the current executive editor of SMH and The Age, as its Managing Director of Publishing, after James Chessell resigned in December
Discussion: Mumbrella
 

 
From Techmeme:

Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday

Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones

Umar Shakir / The Verge:
Google rolls out its Gemini-powered Vids app that lets users create video presentations using a prompt, with full access for Workspace users until at least 2026
 
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