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7:35 AM ET, December 2, 2024

Mediagazer

 Top News: 
Pamela McClintock / The Hollywood Reporter:
Disney's Moana 2 took $221M in the US during the five-day Thanksgiving weekend, including $135.3M from Friday to Sunday, breaking multiple Box Office records  —  The Walt Disney Animation sequel sailed into history with a Thanksgiving haul of $221 million, the biggest five-day opening of all time, among numerous other milestones.
RELATED:
Ben Cohen / Wall Street Journal:
How Disney's Moana, which wasn't a big hit at its 2016 launch, became a top streaming movie in every year from 2020 to 2024, per Nielsen, with 1B+ hours watched  —  We've now watched ‘Moana’ for more than 1 billion hours.  How did it become the No. 1 movie in streaming history?
Alex Ritman / Variety:
Mubi plans to launch Mubi Editions, a new global publishing arm dedicated to cinema and the arts, in April 2025 and hopes to publish three titles in 2025  —  Arthouse distributor, streamer and production company Mubi is venturing into the world of publishing.
Financial Times:
OpenAI CFO Sarah Friar says the startup is weighing up an ads model, but plans to be “thoughtful”; sources say OpenAI has hired ad talent from Meta and Google  —  ChatGPT maker hires advertising talent from big tech rivals  —  OpenAI is discussing plans to introduce advertising …
Discussion: @ohmrun@cr8r.gg
John Jurgensen / Wall Street Journal:
Paramount co-CEO Chris McCarthy aims to revitalize Showtime by using successful formulas like Yellowstone from Paramount+ and investing in high-profile projects  —  Before a new owner takes over, the TV brand once known for ‘Billions’ and ‘Homeland’ is working to come up with new marquee hits
Sapna Maheshwari / New York Times:
How YouTuber Ms. Rachel, whose baby-focused educational videos get 100M views, has attracted huge interest from toy companies and publishers before the holidays  —  About a year and a half ago, Laura Henderson, a toy company executive and 38-year-old mother in Toronto, was at the tail end of maternity leave with her second child.
Discussion: @dru.bsky.social
New York Times:
Trump says he plans to nominate Kash Patel as FBI director; Patel vowed last year to “come after” journalists who “helped Joe Biden rig presidential elections”  —  President-elect Donald J. Trump turned to a firebrand loyalist to become director of the bureau …
Feven Merid / Columbia Journalism Review:
Q&A with journalism professor Stephen G. Bloom on working in Brazil as a young reporter, the history of expat English-language papers in the country, and more  —  A conversation with the author of The Brazil Chronicles  —  In 1979, at the age of twenty-eight, Stephen G. Bloom set …
Rick Porter / The Hollywood Reporter:
NBC says the 2024 Macy's Thanksgiving Day Parade drew a record 31.3M viewers, up 10% YoY, on NBC and Peacock; streaming hours on Peacock grew 26% YoY  —  The holiday also brings big audiences for NFL games and NBC's National Dog Show telecast. … NBC says 31.3 million viewers watched …
Josh Taylor / The Guardian:
Meta says it will require advertisers globally to get verified before running financial service ads targeting Australian users, starting in early February 2025  —  Exclusive: Businesses to require financial services license number to post Facebook ads, while individuals will need government-issued ID
 
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 More News: 
Melanie Goodfellow / Deadline:
France says global streamers invested €974.6M in French film and TV shows from 2021 to 2023, after the country introduced investment obligations in 2021
Michael Grothaus / Fast Company:
Hybe shares closed down 4% after K-pop girl group NewJeans said they are ending their contract with Hybe in protest against its dispute with the band's producer
Scott Jennings / @scottjenningsky:
Conservative CNN commentator Scott Jennings says he is joining the LA Times editorial board, as owner Patrick Soon-Shiong works to add “balance” to the board
 Earlier Picks: 
Bron Maher / Press Gazette:
Publishers at The Guardian, The Boston Globe, and other outlets report more referral traffic from Bluesky than from X despite fewer followers on the former
Josh Rubin / Toronto.com:
Major Canadian news organizations, including Torstar, Postmedia, and CBC, sue OpenAI, alleging breach of copyright and terms of use
Max Goldbart / Deadline:
UK Culture Secretary says the BBC's license fee will rise with inflation until 2027; from April 2025, it will rise £5 to £174.50, bringing in another ~£75M
Amy Hawkins / The Guardian:
China sentences journalist Dong Yuyu, an ex-Nieman Fellow whose work has appeared in Chinese editions of the NYT and FT, to seven years in prison for espionage
 

 
From Techmeme:

Kyle Wiggers / TechCrunch:
Intel says CEO Pat Gelsinger retired and left its board on December 1, and names CFO David Zinsner and Client Computing Group GM Michelle Holthaus as co-CEOs

Kyle Wiggers / TechCrunch:
AWS launches Data Transfer Terminal to let customers upload their data to AWS Cloud by plugging in their storage devices at a set of physical locations

Wall Street Journal:
The US adds new HBM chip transfer restrictions for China, the fourth attempt in three years to curb China, and adds 140 Chinese companies to its trade blacklist
 
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