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, @pressgazette.co.uk, London Evening Standard, New York Times, @jeffjarvis.bsky.social, @paulconvery.bsky.social, Associated Press, Le Monde, BBC, Bloomberg, @rasmus_kleis, @adamsherwin10, @writesbright.bsky.social, @nicolelampert, @charlottetobitt, @jackcarterbenjamin …, @simonharries3, @suladoyle, Tortoise, @nujofficial, @danielthomasldn, @josiah.writes.news, @suzanne_moore, @jackcarterbenjamin …, The i Paper, National Union of Journalists … and The Daily Beast
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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:
MediaPost, TechCrunch, Variety, United States Court of Appeals, New York Times, Billboard, TVNewsCheck, Washington Examiner, Wired, BBC, South China Morning Post, Nikkei Asia, The Hollywood Reporter, Business Insider, Washington Post, The Information, Axios, The Verge, Rolling Stone, Politico, Reuters, CBS News, Forbes, @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, Semafor, Deadline, Barron's Online and CNBC, more at Techmeme »
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 …
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:
CNN, The Hill, New York Post, Fox News, The Wrap, Poynter, @timkarr.bsky.social, 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:
Poynter, Press Watch, L.A. Times Guild, 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
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.
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, @brianstelter, USA Today, The Gateway Pundit, News-Press NOW, Associated Press, @richardhanania, @foxnews, 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 …
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.
Scott Roxborough / The Hollywood Reporter:
Chinese billionaire Zhang Xin makes an undisclosed investment in Mubi via her film production company Closer Media, and joins Mubi's board of directors — The former CEO of real estate giant SOHO China launched the New York-based film group Closer Media in 2022.
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
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