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5:45 PM ET, January 19, 2024

Mediagazer

 Top News: 
A.J. Perez / Front Office Sports:
The Arena Group tells Sports Illustrated staff that it will be “laying off staff that work on the SI brand” since Authentic Brands revoked the SI license  —  Staffers at Sports Illustrated were notified on Friday of massive layoffs—some immediately, others in short time.
RELATED:
Todd Spangler / Variety:
Filing: the Arena Group “failed to make a quarterly payment” of ~$3.75M on January 2 to Authentic Brands, the license holder of Sports Illustrated  —  Sports Illustrated has been hit with mass layoffs — which will potentially eliminate the entire editorial team of the nearly 70-year-old sports media brand.
Julia Jacobs / New York Times:
A grand jury in New Mexico indicts Alec Baldwin on a charge of involuntary manslaughter in the shooting of a cinematographer on the set of “Rust” in 2021  —  A grand jury in New Mexico indicted the actor in the shooting death of the cinematographer on the film “Rust,” …
Meg James / Los Angeles Times:
The LA Times Guild calls for a one-day walkout on January 19 to protest planned cuts; sources: layoffs may affect at least 100 people, or ~20% of the newsroom  —  Los Angeles Times newsroom guild leaders called for a one-day walkout  —  Friday to protest planned cuts to offset steep financial losses …
Todd Spangler / Variety:
Ampere: the number scripted series in the US dropped 24% YoY to 481 in 2023; subscription streamers released 77 fewer seasons and broadcast TV 55 fewer seasons  —  Scripted TV output in the U.S. dropped sharply in 2023, thanks to a combination of twin Hollywood strikes and a pullback on content spending …
Bloomberg:
Sources: Apollo Global is considering making an offer for National Amusements, the Redstone family company that controls Paramount Global  —  Apollo is one of a number investors, both wealthy individuals and professional money managers, that have reached out in recent weeks to BDT & MSD Partners …
Discussion: Deadline, @lucas_shaw and @mattbelloni
Barry Schwartz / Search Engine Roundtable:
Doug Faulkner / BBC:
Prince Harry withdraws his libel lawsuit against Mail on Sunday publisher Associated Newspapers, over a 2022 article about his fight against the UK Home Office  —  Prince Harry has withdrawn his libel claim against the Mail on Sunday publisher, Associated Newspapers says.
Marc Hogan / Rolling Stone:
As Condé Nast merges Pitchfork with GQ, a longtime Pitchfork staffer reflects on the publication's evolution and its impact on music journalism and his own life  —  As the hugely influential music site is being “folded into GQ,” a longtime staffer looks back on what P4K meant and how working there changed his life
RELATED:
Casey Newton / Platformer:
A look at the reasons behind Pitchfork's decline, including shrinking ad revenue and the rise of Spotify and AI-powered personalized playlists
 
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 More News: 
Joanne Wallenstein / Scarsdale:
Scarsdale Inquirer, a community newspaper based in Scarsdale, New York, announces that it has suspended publication after publishing weekly for 123 years
Ryan Broderick / Fast Company:
Former and current Twitch employees describe how Twitch never understood what its users wanted, failed to go mainstream, alienated its top creators, and more
 Earlier Picks: 
Gillian Brassil / Sacramento Bee:
The US House of Representatives passes the PRESS Act, protecting reporters from being compelled by the government to disclose their sources and information
Cynthia Littleton / Variety:
Luminate: US program premieres dropped 21% YoY to 1,784 in 2023, the lowest level since at least 2018; US theatrical-wide film releases were up 41% YoY