Mediagazer: Sources: popular YouTuber MrBeast is nearing a deal for a reality-competition show with Amazon's Prime Video; the deal is reportedly worth around $100M (Todd Spangler/Variety)

Ted Johnson / Deadline:

Los Angeles Times managing editors Sara Yasin and Shani O. Hilton have exited less than two weeks after executive editor Kevin Merida resigned from the paper — UPDATED, 11:42 AM: Two more top editors have resigned from the Los Angeles Times ahead of a new round of planned layoffs.

Discussion: New York Times, Los Angeles Times, @katie_robertson, The Wrap, @maxwelltani, @lucas_shaw and @maxwelltani

Max Tani / Semafor:

The 2024 GOP primary races are failing to lure news audiences back, with ratings down, as media execs reckon with the lack of a “Trump bump” to save ad budgets — The News — For one week every four years, the DoubleTree hotel in downtown Manchester, New Hampshire …

Discussion: Vanity Fair, @cfmcelwee, @corbinhiar, @rasmus_kleis, @walldo, @jayrosen_nyc@threads.net, @tomgara, @Hey_Beth@sfba.social, @jayrosen_nyu, @jaredlholt, @_richardhall, @michaelsocolow, Media Nation, The Boston Globe and Mediaite

Todd Spangler / Variety:

Sources: popular YouTuber MrBeast is nearing a deal for a reality-competition show with Amazon's Prime Video; the deal is reportedly worth around $100M — MrBeast, the massively popular YouTube creator known for big-money giveaways and outlandish stunts, is nearing a deal for a reality-competition show …

Discussion: Puck and Tubefilter

Reuters:

Sony sends a termination notice to Zee Entertainment to call off the $10B merger between its Indian media unit and Zee, citing unmet conditions as the reason — Japan's Sony Group (6758.T) said on Monday it has sent a termination notice to Zee Entertainment (ZEE.NS) to call off a $10 billion merger …

Benjamin Mayo / 9to5Mac:

Apple will pay up to 10% more per play in Apple Music royalties for tracks where a Spatial Audio version is available, starting with January's payouts — Apple Music is now encouraging artists with a financial incentive to make their music available in Spatial Audio, which offers …

Discussion: AppleInsider and @shobhitnerd, more at Techmeme »

Sahil Patel / The Information:

Memo: Verizon chief content officer Erin McPherson, who helped make distribution deals with Netflix, Disney+, and others, is leaving at the end of February — Erin McPherson, senior vice president and chief content officer at Verizon who spearheaded the telecom giant's content and distribution deals …

Discussion: TVLine and @sizpatel

Kyle Wiggers / TechCrunch:

ElevenLabs, which uses AI tools to create and edit synthetic voices, raised an $80M Series B co-led by a16z, Nat Friedman, and Daniel Gross at a $1B+ valuation — There's a lot of money in voice cloning. — Case in point: ElevenLabs, a startup developing AI-powered tools to create …

Discussion: Fast Company, The Decoder, Reuters, Bloomberg, John McClymont on LinkedIn, @elevenlabsio and TechStartups, more at Techmeme »

Joe Posnanski / JoeBlogs:

Joe Posnanski, a former Sports Illustrated senior columnist, reflects on the magazine's impact on his own life and on sports journalism before the internet — At the moment, there's confusion. Heartbreak and confusion. Sports Illustrated may live on. It may not. It may morph into something else.

Discussion: @tommytomlinson and NPR

Daisy Dumas / The Guardian:

Australia's Nine newspapers names former Daily Mail Australia editor Luke McIlveen as executive editor, overseeing the Age, the Sydney Morning Herald, and more — McIlveen was previously editor-in-chief of news.com.au and founding editor of Daily Mail Australia. He takes on Tory Maguire's former role at the Age and SMH

Discussion: @reallykazcooke and @gingergorman

Joe Flint / Wall Street Journal:

A profile of David Ellison, who built Skydance Media into a powerful and profitable maker of big-budget movies and TV shows, as he explores a deal for Paramount — Skydance Media's David Ellison produced and financed movies and shows. Now he has his eyes on Paramount.

Discussion: @asharma and @jbflint

Lucas Shaw / Bloomberg:

Some indie producers say raising money via Sundance exposure no longer works; Comscore: 13 indie movies made $20M+ at the US box office in 2023 vs. 21 in 2019 — The number of hit indie movies is in decline. Some blame the Sundance Film Festival, but the problems run much deeper.

Discussion: @lucas_shaw, @lucas_shaw and Variety

Naman Ramachandran / Variety:

The UK publishes its mid-term review of the BBC's Royal Charter, ending on December 31, 2027, saying “the BBC needs to adapt or risk losing” audience trust — The U.K. government is giving more power to the BBC and media regulator Ofcom to handle complaints as part of its mid-term review into the corporation's functioning.

Discussion: The Guardian, Byline Times, Sky News, GOV.UK, Broadband TV News, The Mirror, Deadline, HoldtheFrontPage, Telegraph, The Guardian and Financial Times