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10:15 AM ET, December 18, 2024

Mediagazer

 Top News: 
Brooks Barnes / New York Times:
Sources: Disney worried that it had a flawed case in Trump's ABC lawsuit, and fighting it could hurt the Disney brand and damage press protections for others  —  Talks started and finished on the same day, after Disney decided that fighting the lawsuit could potentially hurt the company and protections for the press.
RELATED:
Richard J. Tofel / Columbia Journalism Review:
ABC needs to answer questions about its $16M settlement with Trump in a libel case, especially whether it is changing accountability coverage of those in power  —  As someone who practiced press law for more than twenty years, and served as a senior executive of news organizations for just as long …
Josh Marshall / Talking Points Memo:
Some US groups are building resources to defend against Trump lawsuits, and should gather lawyers, money, and people who know how to respond to performance art
Pamela McClintock / The Hollywood Reporter:
Arthur Macmillan / Columbia Journalism Review:
An in-depth look at The Telegraph's sale and British-born publisher Dovid Efune's attempts to buy it, as the newspaper becomes a test case in media valuations  —  A storied London broadsheet is for sale—again.  The latest bidder, right-wing media proprietor Dovid Efune, is struggling to raise the money.
Discussion: @cjr
Nicole Sperling / New York Times:
Some streamers now believe that releasing movies in theaters, promoted by expansive marketing and PR campaigns, helps makes movies successful on their platforms  —  Just a few years ago, media executives thought theatrical releases didn't benefit their streaming services.  Now, many of them think the opposite.
Aisha Counts / Bloomberg:
eMarketer expects Instagram to hit $32B in US ad revenue in 2025, or 50% of Meta's ad sales; filings: Instagram was ~30% of Meta's global business in early 2022  —  - Video-sharing app estimated to reach $32 billion in ad revenue  — Instagram users spend majority of their time watching videos
Charlotte Tobitt / Press Gazette:
Tortoise formally signs the deal to buy The Observer, appoints acting editor Lucy Rock as the title's print editor, and launches a voluntary redundancy scheme  —  Tortoise Media has formally signed a deal to buy The Observer and appointed the newspaper's next editor.
Dominic Ponsford / Press Gazette:
Media news outlet Press Gazette partners with Flip-Pay to roll out a registration wall to read its content, and says readers must give an email and job title  —  Press Gazette has launched a registration wall to read our online content.  —  This title is the most popular commercial online …
Todd Spangler / Variety:
YouTube sues Ganjingworld, which runs the Gan Jing World video-sharing website, alleging that it has been “automatically vacuuming up YouTube user channels”  —  YouTube filed a lawsuit against Ganjingworld, which operates the Gan Jing World video-sharing site, alleging that it has been …
Ben Sherry / Inc:
A profile of Tyler Denk, co-founder of newsletter platform Beehiiv, which raised a $33M Series B in April 2024 and generates $1.6M to $1.75M in monthly revenue  —  Denk has cultivated a brash online persona while building Beehiiv into a buzzy newsletter platform.  Both are lucrative.
 
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 More News: 
Sam Bradley / Digiday:
A look at Reddit's growth in sports fan communities; internal data: Reddit recorded a 35% YoY increase in engagement in 1,000+ sports-themed Subreddits in 2024
Discussion: Modern Retail
Mia Sato / The Verge:
Sources: Forbes is cutting ties with freelancers who wrote for Forbes Vetted, its product review section, citing Google's “site reputation abuse” policy on SEO
Committee to Protect Journalists:
Israeli forces killed 4+ Palestinian journalists in Gaza in the past week, and Israel is responsible for 66% of the 95+ journalists killed globally in 2024
 Earlier Picks: 
Todd Spangler / Variety:
CAA partners with YouTube to help CAA clients identify and remove AI-generated content that features their likeness, with a wider rollout planned in early 2025
Ash Parrish / The Verge:
Restart, a games media site sponsored by Walmart and run by marketing company Moonrock, launches; Restart says it'll get no affiliate revenue from Walmart links
On Substack:
Substack partners with The Free Press to build an enterprise offering, including custom branding and large editorial teams support, with a private beta in 2025
The Boston Globe:
The Everett Leader Herald, a weekly newspaper publishing for 139 years, will shut down and pay $1.1M to settle a defamation lawsuit with Everett's mayor
Axios:
Sources: Refinery29 laid off staff, and its CEO Cory Haik has left, as it closes in on eight months under new ownership; Sundial has not named an interim CEO