Top News:
Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation” — The company is home to more than 25 brands in the U.S. including Elle, Esquire, Cosmopolitan, Harper's Bazaar and Town & Country.
Mark Sweney / The Guardian:
National World, one of the UK's biggest newspaper groups, gets a £56.2M buyout offer from shareholder Media Concierge, a 40% premium to its Nov. 21 stock price — Media Concierge submits £56.2m cash offer for National World, underbidder in the auction for the Telegraph titles
Discussion:
Press Gazette, London Evening Standard, Financial Times and HoldtheFrontPage
Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming — SCOOP: TV's ‘safe space for liberals’ is about to reshuffle its stars as the network re-ups its marquee name under a tough new spinoff-ready reality
Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency — Federal Communications Commission Chairwoman Jessica Rosenworcel announced today that she will leave the agency on January 20, 2025, the day of President-elect Donald Trump's inauguration.
Discussion:
Inside Radio, Federal Communications …, Reuters, RADIO ONLINE, The Hill, Digital Music News, Radio Ink, @aram@aoir.social, @jrosenworcel@threads.net, The Hollywood Reporter, @arstechnica@mastodon.social, TechCrunch, Media Play News, @waltmossberg.bsky.social, Variety, Cord Cutters News, American Enterprise Institute, Radio & Television …, Deadline, TVNewsCheck, Advanced Television and CNET, more at Techmeme »
Ayodeji Rotinwa / Columbia Journalism Review:
A look at the Agora Center for Research, a Ugandan newsroom sitting between activism and investigative reporting, posting its work on various social media sites — Reporting that pops up in different media, documents as proof, and crowdsourced investigations have revealed corruption.
David Spector / New York Post:
Email: WaPo senior politics editor Dan Eggen says he was told Monday that he will “be removed” at the end of 2024, and “will leave it to others to explain why” — The Washington Post abruptly removed its politics editor without giving him a reason for the decision …
Parker Herren / Ad Age:
SMBs turn to Disney, Paramount, and Peacock's ad platforms; VAB: in H1 2024, 169 advertisers bought national TV ads for the first time and 67% spent <$500K — New-to-TV brands predict a ‘renaissance’ for growing businesses through streaming ads — As traditional TV networks shift …
The New York Times Company:
Elisabeth Bumiller, the NYT's Washington bureau chief since 2015 and nearly a 30-year NYT veteran, is stepping down to return to writing and reporting — Elisabeth, incomparable Washington bureau chief since 2015, has decided to return to writing and reporting.
Discussion:
@peterbakernyt, @ignatiuspost, @glennthrush, @moorehn, @peterbakernyt, @andrew_marshall, @peterbakernyt, @moorehn and @edmundlee.bsky.social
Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer — Pay television provider DirecTV on Thursday officially announced it will terminate its agreement to acquire rival satellite company Dish Network and its streaming service Sling TV from Echostar this week.
Maxwell Zeff / TechCrunch:
Texas AG opens a probe into the World Federation of Advertisers to determine if it conspired to boycott “certain social media platforms”; X sued WFA in August — Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers …
Guthrie Scrimgeour / Wired:
Hawaii's The Garden Island stops using AI-generated newscasters on YouTube, Facebook, and Instagram after two months, likely due to the negative public response — A local newspaper in Hawaii experimented with AI-generated presenters to engage and boost its readership. After two months, the bots have been shelved.
Discussion:
Mandy DeLuca on LinkedIn, @newsguy.bsky.social and Futurism, more at Techmeme »
Diane Sylvester / Editor and Publisher:
A look at The 51st, a worker-led nonprofit news startup in Washington, DC, and how the founders studied worker-led organizations and similar newsrooms — The 51st has set out to redefine local journalism in Washington, D.C., as one of the country's growing number of worker-led, nonprofit newsrooms.
Discussion:
The 51st, Gretchen A. Peck on LinkedIn and r/Journalism
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