Top News:
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:
The Guardian and Tortoise
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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.
Discussion:
The Times, @iainm.bsky.social, The Media Leader, @pressgazette, @pressgazette, Sky News, The Guardian, Australian Financial Review, @dominicponsford.bsky.social, @carolecadwalla.bsky.social, @pressgazette.co.uk, @stevebasnett.bsky.social, @pressgazette.co.uk, @eduardosuarez.bsky.social, @charlottetobitt.bsky.social, New Statesman, The New European, The i Paper and The Daily Beast
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
Discussion:
The Guardian, @nujofficial, Press Gazette, @pkelso, @davidfolkenflik, @nicolelampert, @suzanne_moore, @rasmus_kleis, @suladoyle, @simonharries3, @charlottetobitt, @boothbygraffoe.bsky.social, @adamsherwin10, @danielthomasldn, Sky News, @benansell.bsky.social, @writesbright.bsky.social, Associated Press, Reuters, Semafor, London Evening Standard, @jeffjarvis.bsky.social, @paulconvery.bsky.social, New York Times, Le Monde, @josiah.writes.news, @writesbright.bsky.social, Tortoise, BBC, @jackcarterbenjamin …, Bloomberg, The Independent, RTÉ, @jackcarterbenjamin …, The i Paper and National Union of Journalists …
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, @tiktokpolicy, Washington Post, al.com, MediaPost, Yahoo Finance, Reuters, @kyurieff, @rabois, Associated Press, @swiftstories, @danprimack, Investor's Business Daily, @drewharwell, The Moderate Voice, @digiphile, @zsk, @committeeonccp, @kyurieff, @wendyndavis, @daphnehk, @drewharwell, HotAir, Washington Times, The Gateway Pundit, Le·gal In·sur·rec·tion, @chup.blakereid.org, New Jersey Monitor, Adweek, Devin DeBacker on LinkedIn, @margarita.bsky.social, Ad Age, @margarita.bsky.social, Forbes, The Wrap, @trevorcroker@threads.net, @trevorcroker@threads.net, Gizmodo, Wired, BBC, South China Morning Post, Nikkei Asia, The Information, Axios, Variety, @lauren.rotatingsandwiches.com, The Verge, 9to5Mac, @kurtwag8@threads.net, New York Times, Politico, @anthonymkreis.bsky.social, @mjsdc.bsky.social, The Post Millennial, TikTok, Semafor, Voice of America, Daily Kos and Deadline
Gene Maddaus / Variety:
CBS files to dismiss or at least transfer Trump's $10B lawsuit over 60 Minutes' editing of its Kamala Harris interview to the SDNY, citing 1A protections — Trump sued in the waning days of the presidential campaign, claiming that Harris' interview had been deceptively edited to make her appear “coherent and decisive.”
Josef Adalian / Vulture:
Disney's addition of an ESPN tile within Disney+ shows how Bob Iger's strategy has evolved since 2019, when he wanted to avoid “one gigantic fat bundle” — This story first ran in Buffering, Vulture's newsletter about the streaming industry. Head to vulture.com/buffering and subscribe today!
Discussion:
@tvgrimreaper
Dominic Ponsford / Press Gazette:
Time CEO Jessica Sibley describes Time's shift from reader revenue to direct-to-business sales, ending its paywall, increasing events, and making an OpenAI deal — Time has gone through a “pretty significant transformation”, dropping its paywall and going bigger on events.
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:
@hawthornesjj and BBC
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 …
Discussion:
ZeroHedge News, The Gateway Pundit, @jswatz.bsky.social, @econberger.bsky.social, @nakedkeynes.bsky.social, @trungtphan, @thestalwart, @mattzeitlin, @AkaSci@fosstodon.org, @carterd.bsky.social, @mattyglesias.bsky.social, RedState, @smotus.bsky.social, @citizencohn.bsky.social, HotAir, LewRockwell, Mediaite, @dylanmatt.bsky.social, @notjessewalker.bsky.social, @meredithshiner.com, @jonmladd.bsky.social, @ddayen.bsky.social, @owillis.bsky.social, @mbkplus.bsky.social, @pkrugman.bsky.social and Instapundit
CNBC:
An interview with the FCC's Brendan Carr, on media cross-ownership rules, content moderation, NewsGuard, re-examining broadcast license requirements, and more — Following is the unofficial transcript of a CNBC exclusive interview with FCC Commissioner & & President-Elect Trump's Pick …
Discussion:
Deadline, @trumpwarroom, Business Insider, NewsGuard's Reality Check and Radio & Television …
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, The Independent, @harrylitman.bsky.social, New York Times, The Guardian, New York Post, Fox News, The Wrap, @timkarr.bsky.social, Poynter, freebeacon.com, L.A. Times Guild, Status, @388shark.bsky.social, @acyn.bsky.social, @bluepolitico.bsky.social, @chanda.bsky.social, HotAir, Mediaite, @limeylizzie.bsky.social, Flyover Country …, @clarajeffery.bsky.social, @xiomaraanijar.bsky.social, John Robinson on LinkedIn, @cdarwin@c.im, @bespacific@newsie.social, @reedfrich.bsky.social, @kristianc.bsky.social, @dinoridgeway.bsky.social, @explodingarrow.bsky.social, @jennaprice.bsky.social, @cpotterpgh.bsky.social, @caleweissman.bsky.social, @mommamia.bsky.social, @eddieperez.bsky.social, @jobmaynooth.bsky.social, @juddlegum.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, Alternet.org and @sababausa.bsky.social
Local News Initiative:
Analysis: Trump won 91% of counties lacking a professional local news source; residents there tend to be less educated, poorer, and reliant on national media — But what does this election-result correlation mean? — Donald Trump won the 2024 election with one of the smallest popular-vote margins …
Discussion:
@kingkaufman@sfba.social, New York Magazine, @dcboy.bsky.social, @joeferullo.bsky.social, @ewallwice.bsky.social, @marklittle.bsky.social, @maripuerta.bsky.social, @lyndawoolard.bsky.social, @heidireports.bsky.social, Balloon Juice, Tim Franklin on LinkedIn, @rachelbell44.bsky.social, John Volk on LinkedIn, @menrywy.bsky.social, TVNewsCheck, @jwmjournalist, @jmhaigh, @farhip, @jmhaigh, @localnewsini, Political Wire, Palo Alto Online and Michigan Advance
Christian Blauvelt / IndieWire:
Max expands its Turner Classic Movies hub, adding hundreds of classic films starring Mickey Rooney, Humphrey Bogart, Elizabeth Taylor, and more — Exclusive: Warner Bros. Discovery is extending its commitment to the Turner Classic Movies brand on Max in a way that should please film history aficionados.
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