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1:15 PM ET, December 24, 2024

Mediagazer

 Top News: 
Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more  —  New York CNN —  —  The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks.
Jon Phillips / PCWorld:
PCWorld executive editor Gordon Mah Ung, former Maximum PC editor-in-chief and renowned PC hardware journalist for 25+ years, died at 58 of pancreatic cancer  —  With the heaviest of hearts, PCWorld pays tribute to Gordon Mah Ung, our hardware guru, host of The Full Nerd, exemplary tech journalist, and very good friend.
Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs  —  ‘Arcane’ drew a big audience, but didn't bring in enough gaming revenue  —  When Riot Games first decided to make a TV show inspired …
Committee to Protect Journalists:
Turkish authorities jailed five journalists and two media workers who were covering a protest over a Turkish drone strike that killed two Kurdish journalists  —  The Committee to Protect Journalists urges Turkish authorities to release journalists who were jailed in Istanbul on Sunday and allow the media to report freely.
Jem Aswad / Variety:
UMG and Amazon Music strike a new deal to collaborate on audiobooks and livestreams, address unlawful AI-generated content, protect against fraud, and more  —  Universal Music Group and Amazon Music have announced an expanded global relationship that will “enable further innovation …
Wall Street Journal:
Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated  —  The broadcasts, which include a Beyoncé performance, follow problems with a heavily watched boxing showcase and represent a major live-event test for the streaming giant
Haroon Siddique / The Guardian:
Trevor Birney and Barry McCaffrey, who a tribunal ruled were unlawfully spied on by UK police, say they have “no doubt” reporters are still targeted in the UK  —  Belfast-based Trevor Birney and Barry McCaffrey won landmark victory that PSNI's surveillance was unlawful
New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.
Gene Maddaus / Variety:
The Animation Guild ratifies a contract with major studios, without AI demands such as letting members opt out of using AI or allowing AI training on their work  —  The Animation Guild has ratified its contract with the major studios, despite concerns from some about protections against artificial intelligence.
Dominic Ponsford / Press Gazette:
Mark Allen Group, a B2B publishing company, enters exclusive talks with RELX to acquire Estates Gazette, after the UK magazine said it plans to close down  —  Digital information side of business will be sold separately.  —  Estates Gazette has been saved from closure some two weeks …
Discussion: Flashes & Flames and Mark Allen
 
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 More News: 
Todd Spangler / Variety:
Netflix will host NFL Christmas games, including Beyonce's Halftime show, for only three hours after streaming them live; replays will be available on NFL+
Alex Weprin / The Hollywood Reporter:
How Netflix plans to use the new season of Squid Game to boost its video game business, including offering subscribers in-game rewards based on their watch time
Ryan Christoffel / 9to5Mac:
In a viral YouTube video, MegaLag claims PayPal's Honey browser extension doesn't show users the best coupons and deals, and steals creators' affiliate revenue
 Earlier Picks: 
Om Malik / On my Om:
AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals offering only a short-term revenue boost
Kimberly Nordyke / The Hollywood Reporter:
News Corp and Telstra agree to sell Australian pay TV company Foxtel Group to sports streaming platform DAZN in a deal worth ~$2.1B
Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV
Bloomberg:
A look at Crunchyroll's challenges, including current and former employees saying its management is out of touch, as Disney and Netflix expand into anime