Top News:
Daniel Thomas / Financial Times:
The Scott Trust approves the sale of The Observer to Tortoise, despite two days of strikes by Guardian and Observer staffers against the deal — Scott Trust backs deal with digital start-up after conditions introduced to address fears among newspaper's staff
Discussion:
The Guardian, Reuters, Semafor, Press Gazette, @writesbright.bsky.social, @pkelso, @davidfolkenflik, Associated Press, London Evening Standard, New York Times, Le Monde, @rasmus_kleis, @adamsherwin10, @writesbright.bsky.social, @nicolelampert, @charlottetobitt, @jackcarterbenjamin …, @paulconvery.bsky.social, @simonharries3, @suladoyle, Tortoise, @nujofficial, @danielthomasldn, Bloomberg, @josiah.writes.news, BBC, @suzanne_moore, @jeffjarvis.bsky.social, @jackcarterbenjamin …, The i Paper, National Union of Journalists …, @inews.co.uk and The Daily Beast
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Dominic Ponsford / Press Gazette:
Guardian Media Group chair Charles Gurassa says the Tortoise investment plan is “the best way forward” and it will end the “inevitable decline” of Observer — Guardian Media Group chair Charles Gurassa has written an open letter explaining the rationale for selling The Observer to Tortoise Media.
Discussion:
@pressgazette.co.uk and Tortoise
Dominic Ponsford / Press Gazette:
Guardian and Scott Trust leaders faced staff fury over the Observer sale; the Scott Trust plans to invest £5M in the new Tortoise/Observer business — Guardian and Scott Trust leaders faced furious staff this morning as they answered questions about the plan agreed last night to sell The Observer to Tortoise Media.
Jacob Gershman / Wall Street Journal:
TikTok still faces a US ban if not sold by January 19, after a federal appeals court ruled that Congress has the power to take action to protect US interests — Panel rules Congress has the power to shut down Chinese-backed app in the U.S. because of national security concerns
Discussion:
United States Court of Appeals, The Wrap, MediaPost, TechCrunch, Variety, New York Times, Billboard, @tiktokpolicy, TVNewsCheck, Gizmodo, Plain Dealer, Washington Examiner, Wired, BBC, South China Morning Post, Nikkei Asia, The Hollywood Reporter, Business Insider, Washington Post, The Information, Axios, @trevorcroker@threads.net, @trevorcroker@threads.net, Rolling Stone, @kyurieff, The Verge, @rabois, Politico, Reuters, CBS News, Forbes, BGR, @swiftstories, @danprimack, Retail TouchPoints, @drewharwell, @digiphile, @zsk, @committeeonccp, @kyurieff, ZeroHedge News, @wendyndavis, @daphnehk, @drewharwell, @lauren.rotatingsandwiches.com, 9to5Mac, @kurtwag8@threads.net, The Post Millennial, Bloomberg, freebeacon.com, Semafor, Deadline, Barron's Online and CNBC, more at Techmeme »
Harry Litman / Talking Feds Substack:
LA Times op-ed contributor Harry Litman resigns, saying he's protesting the “repugnant and dangerous” actions to appease Trump by owner Dr. Patrick Soon-Shiong — I have been a contributor to the Los Angeles Times op-ed page in some fashion for more than 15 years.
Discussion:
The Hill, CNN, New York Times, The Guardian, New York Post, Fox News, The Wrap, freebeacon.com, Poynter, @timkarr.bsky.social, L.A. Times Guild, Status, @388shark.bsky.social, @acyn.bsky.social, @bluepolitico.bsky.social, @chanda.bsky.social, Mediaite, @limeylizzie.bsky.social, @clarajeffery.bsky.social, @xiomaraanijar.bsky.social, @cdarwin@c.im, @bespacific@newsie.social, @reedfrich.bsky.social, @kristianc.bsky.social, @dinoridgeway.bsky.social, @explodingarrow.bsky.social, @cpotterpgh.bsky.social, @eddieperez.bsky.social, @jobmaynooth.bsky.social, @athul.acharya.cc, @jenvictor.bsky.social, @passantino.bsky.social, @GottaLaff@mastodon.social, Political Wire, @erinmcunningham.bsky.social, @dahlialithwick.bsky.social, @peternickeas.bsky.social, @andreapitzer.bsky.social, @spqesq.bsky.social, @adgwatches.bsky.social, @jayrosen.bsky.social and Alternet.org
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JD Knapp / The Wrap:
On Scott Jennings' podcast, Patrick Soon-Shiong said he plans to add an AI-powered “bias meter” to LAT stories and hopes to roll it out as soon as January 2025
Discussion:
Gizmodo, @WhistlerInTheDarkAges …, @royalpratt, @stufalk, The Hollywood Reporter, HotAir, Fox Business, New York Post, John Robinson on LinkedIn, @jennaprice.bsky.social, @harrylitman.bsky.social, @eapers.bsky.social, @caleweissman.bsky.social, @mommamia.bsky.social, @juddlegum.bsky.social, @estarianne.bsky.social, @estarianne.bsky.social, @starfisher.bsky.social, @one-eyed-jack.bsky.social, @fosveny.bsky.social, @nickel76.bsky.social, @gilbertjasono.bsky.social, @thomaszimmer.bsky.social, MediaPost, @stacey_campbell@aus.social, @sababausa.bsky.social, @ebestes.bsky.social, @meghann.bsky.social, Off Message and Daily Sabah
Oliver Darcy / Status:
Sources: the LAT now has to send Patrick Soon-Shiong opinion story headlines ahead of publication for review, after carrying a Elon Musk headline he didn't like
Discussion:
Press Watch, Poynter, Columbia Journalism Review, @mediaevan, Techdirt, @mboxer.bsky.social, @koenb82.bsky.social, @nicokow.bsky.social, @malliebu.bsky.social, @lsaclassof2000.bsky.social, @serevi.bsky.social, Media Nation, @jayrosen.bsky.social, @oliverdarcy@threads.net, @nicholasgrossman.bsky.social, @markjacob.bsky.social, @jeffjarvis.bsky.social, @lkimmasters@threads.net, @bgrueskin.bsky.social, IJR, @timkarr.bsky.social, @lisafung.bsky.social, @oliverdarcy@threads.net, @oliverdarcy@threads.net, New York Times and Associated Press
Kathleen Kingsbury / The New York Times Company:
Paul Krugman, the Nobel Prize-winning opinion columnist who has worked at The New York Times for nearly 25 years, plans to retire at the end of 2024 — After nearly 25 years as an Opinion columnist, Paul is signing off. — I want to take you back to Jan. 2, 2000, a day when Y2K …
Mark Stenberg / Adweek:
Sources: Condé Nast lays off some top executives including VPs and SVPs in marketing and sales, along with key staff in events, social media, and editorial jobs — The cuts come as the company combines its commercial and consumer revenue teams — The digital media company Condé …
Discussion:
@simondowens@threads.net, @rainesford, @charlottetklein, @markstenberg3, The Desk, The Wrap and The Hollywood Reporter
Charlotte Tobitt / Press Gazette:
The BBC stopped publishing financial market data on its website, app, or TV red button service on November 26 as part of its cost-saving drive — The BBC is no longer publishing financial market data on its website, app or TV red button service as part of its cost-saving drive.
Discussion:
BBC and @hawthornesjj
Washington Post:
Fox News feted Donald Trump at Fox Nation's annual awards show, naming him “Patriot of the Year”, highlighting the influential role the network could play — Sean Hannity and other Fox News stars feted Donald Trump at Fox Nation's annual awards show, highlighting the influential role the network is poised to play.
Discussion:
Mediaite, The Wrap, RedState, @brianstelter, The Gateway Pundit, Associated Press, @richardhanania, @foxnews, USA Today, News-Press NOW, Fox News, New York Post and TVNewsCheck
Charlotte Tobitt / Press Gazette:
The Mail on Sunday apologizes and says it has paid “substantial” damages to a doctor and academic wrongly portrayed as “statin deniers” in a series of articles — The publisher of the Mail on Sunday has apologised and paid “very substantial” damages to a doctor …
Lauren Watson / Columbia Journalism Review:
Q&A with Elisabeth Bumiller, who is stepping down as NYT DC bureau chief, on the relentless news pace in Trump's first term, returning to reporting, and more — Reflections on a political cyclone — Elisabeth Bumiller has led the New York Times' coverage of Washington through a decade-long political hurricane.
Discussion:
@joshuabenton.com and CNN
Alex Weprin / The Hollywood Reporter:
Meta teams up with James Cameron's Lightstorm Vision to bring “live sports and concerts, feature films, and TV series featuring big-name IP” to Quest headsets — The multiyear deal will make Meta Quest the exclusive mixed reality headset of Lightstorm, and is meant to turbocharge 3D content development.
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