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3:45 PM ET, November 14, 2024

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 Top News: 
Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody  —  The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.
Discussion: The Onion, Washington Post, Nieman Lab, Fox Business, Benzinga, Mediaite, NPR, The Ankler, Fast Company, Associated Press, Esquire, Al Jazeera, Above the Law, New Republic, Le Monde, Politico, @bencollins.bsky.social, David Wyatt on LinkedIn, Lawyers, Guns & Money, TVNewsCheck, @maxwelltani, NBC News, @everytown@threads.net, @oneunderscore__, To the Contrary, CNN, Block Club Chicago, Just Jared, Business Insider, The Present Age, @bencollins.bsky.social, Raw Story, Engadget, Fortune, The Information, UPI, Plain Dealer, The Hill, @oneunderscore__, Breitbart, HuffPost, The Guardian, Bloomberg, Mother Jones, Financial Times, The Verge, Washington Examiner, RedState, The Desk, USA Today, @zimbalist, @semaforben, @yonetteajoseph@threads.net, Alternet.org, @hadas_gold, @jamesrbuk, 6abc, @bencollins.bsky.social, @colbyhall, Laurel Pinson on LinkedIn, @benmullin, @sherman4949, @jamesrbuk, Houston Public Media, Mashable, Digby's Hullabaloo, Laura Seaton on LinkedIn, @oneunderscore__, Status, @daithaigilbert, @pkafka, Axios, Newser, @brianstelter, The Wrap, @claireatki, @bencollins.bsky.social, @sherman4949, @mick@cosocial.ca, Hollywood Life, The Daily Caller, OMG.BLOG, Variety, @willguyatt, @pbump, @bencollins.bsky.social, @brianstelter, @web_martin@mastodon.social, One America News Network, @theonion, ZeroHedge News, @laurenthomanwrites …, The Hollywood Reporter, I guess this is a …, The Gateway Pundit, Rolling Stone, CBS News, Barrett Media, RTÉ, Law & Crime, Boing Boing, Deadline, Not the Bee, Consequence, Daring Fireball, New York Daily News, Forbes, The National Pulse, Press Herald, AV Club, Crooks and Liars, Austin American-Statesman, Daily Kos, WHEC.com and UnHerd
The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts  —  Rate hikes at the NFL and NBA may mean that sports drive the slight spending increase, with the company reporting $23.4 billion for this past year.
RELATED:
Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023
Jennifer Maas / Variety:
In Q4, Disney added 4.4M Disney+ Core paid subscribers, reaching 120M in total, Disney+ Hotstar subscribers rose 1% YoY to 35.9M, and Hulu subscribers hit 52M
Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors  —  The Walt Disney Company's recent distribution agreements with Charter Communications and DirecTV impacted a key metric that analysts …
RELATED:
Todd Spangler / Variety:
Disney plans to add an ESPN “tile” to Disney+ for US subscribers on December 4, giving users access to some free ESPN content  —  Disney has called its next streaming blitz: In a few weeks, Disney+ will add an ESPN “tile” to the streaming service — and the company will include …
Washington Post:
WaPo names Liz Seymour managing editor; she has held various roles over 25 years at the outlet, including deputy managing editor and executive features editor  —  A veteran Washington Post newsroom leader, Seymour marks her 25th year at the publication  —  The Washington Post today named …
Jess Weatherbed / The Verge:
Google plans to stop showing political ads to users in the EU in 2025 due to uncertainties around new transparency rules coming into effect in October 2025  —  Google has announced it will stop showing political ads to users in the European Union next year due to uncertainties around the bloc's new transparency regulations.
Discussion: The Keyword and Engadget
Sara Fischer / Axios:
Newsletter platform Beehiiv launches a “beehiiv Media Collective” for journalists, offering health insurance stipends, backend tools for accounting, and more  —  - Journalists that have recently joined the beehiiv platform include former CNN media reporter Oliver Darcy …
Dell Cameron / Wired:
The PRESS Act, shielding journalists from US government spying, stalls as Senate Democrats juggle legislative priorities before ceding control January 3  —  The PRESS Act, which would protect journalists from government spying, enjoys broad bipartisan support and has passed the House …
Wall Street Journal:
X names former Tubi CFO Mahmoud Reza Banki as its CFO; Trump pardoned Banki in January 2021 for making false statements; a source says he joined X in November  —  Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges  —  Elon Musk's X Corp. named Mahmoud …
Umar Shakir / The Verge:
Echoing TikTok's gifting, YouTube is rolling out “jewels” that users can buy to support creators during livestreams, for those in the YouTube Partner Program  —  YouTube is taking a page out of the TikTok playbook by adding “jewels” you buy to exchange for gifts for your favorite creators during livestreams.
 
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 More News: 
Javier Espinoza / Financial Times:
The EU fines Meta €797.72M for tying Facebook Marketplace to Facebook and “imposing unfair trading conditions” on rival websites, the first such fine for Meta
Jay Peters / The Verge:
The WSJ is testing AI-generated article summaries at the top of new stories in a “Key Points” box to see how readers respond, following Gannett and others
Discussion: TVNewsCheck and MediaPost
Charlotte Tobitt / Press Gazette:
Guido Fawkes owner Paul Staines plans to step down as editor of the UK political news blog after 20 years; the blog has crowdfunded £92K+ to fight a libel claim
New York Times:
A look at “blind box livestreaming”, an e-commerce trend in China that has become an entertaining and, some users and experts said, addictive pastime
Christianna Silva / Mashable:
The once-unified BookTok community has become a battleground over politics and how it intersects with writers, influencers, readers, and the books themselves
 Earlier Picks: 
Alex Kantrowitz / Big Technology:
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more
more at Techmeme »
Anne Steele / Wall Street Journal:
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January 2025, to let Premium users view podcast videos without ads
Lillian Rizzo / CNBC:
Amazon Prime Video will offer Diamond Sports Group's 16 regional sports networks, newly branded as FanDuel Sports Network, as add-on subscriptions
Murray Stassen / Music Business Worldwide:
German royalty licensing group GEMA sues OpenAI and subsidiary OpenAI Ireland in Munich Regional Court, claiming ChatGPT violates copyrights of lyrics
Todd Spangler / Variety:
Don Lemon, who sued Elon Musk and X after a deal fell apart, says he's leaving X on November 15, citing X's new ToS that moves legal disputes to Texas courts
Dan Milmo / The Guardian:
The Guardian says it will no longer post on “any official Guardian editorial accounts” on “toxic media platform” X; reporters will still use X to gather news
 

 
From Techmeme:

Financial Times:
Sources: the US FTC plans to investigate allegations that Microsoft is abusing its market power in productivity software to prevent customers from leaving Azure

David Pierce / The Verge:
Google releases a free Gemini app for iOS, letting users ask questions, chat via text, voice, or their camera, and use the conversational mode Gemini Live

Tony Romm / Washington Post:
Sources: the CFPB moves to place Google under formal federal supervision, an extraordinary move that may lead to regular inspections; Google fiercely resisted
 
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