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10:00 AM ET, December 30, 2024

Mediagazer

 Top News: 
Farhad Manjoo / Slate:
Reddit must continue growing its ad and content licensing revenue to justify its market valuation, which could fast-track the platform's “enshittification”  —  If you spent $1,000 on shares of Tesla at the start of 2024, you'd be sitting on nearly $1,700 now—a 70 percent gain …
Lillian Rizzo / CNBC:
Industry executives say media companies expect ad spending to stabilize in 2025 and even grow for platforms with sports and live events  —  The advertising market has positive momentum going into 2025 — especially for media companies with sports rights and tentpole live programming.
Discussion: The Guardian and The Wrap
William Christou / The Guardian:
A look at Syria's state news agency Sana, which had led the Assad regime's propaganda effort for the past 13 years, with its journalists unable to report freely  —  For years reporters at Syria's state news agency had to toe the line.  As life in Syria grew harder, so did the their work
The Guardian:
The commentary editor of Germany's Welt am Sonntag resigns after the Axel Springer group paper published a piece by Elon Musk in support of far-right AfD party  —  Billionaire Trump adviser said his ‘significant investments’ in the country justified his wading into German politics
Shalini Ramachandran / Wall Street Journal:
Cablevision founder Charles Dolan, a cable TV industry pioneer who launched HBO and AMC Networks and whose family controls Madison Square Garden, dies at 98  —  Cablevision founder's holdings stretched from local TV systems to Madison Square Garden  —  Charles Dolan, a pioneer …
Reuters:
Iran confirms the arrest of Italian journalist Cecilia Sala; Italy declines to say whether the case might be linked to the arrest of an Iranian in Italy  —  Iran confirmed the arrest of Italian journalist Cecilia Sala for “violating the laws of the Islamic Republic”, Iran's official IRNA news agency reported on Monday.
CBS News:
Greg Gumbel, a CBS Sports anchor and commentator who covered the NFL and college basketball for more than 20 years, died at 78 of cancer  —  Greg Gumbel, the renowned CBS Sports anchor and commentator, has died at the age of 78.  —  His family confirmed the news in a statement on Friday, saying:
Rachel Hall / The Guardian:
UK Culture Secretary Lisa Nandy urges YouTube, TikTok, and other streaming services to promote higher quality educational content to children  —  UK culture minister says government wants to ‘open a dialogue’, but will intervene if platforms do not comply  —  The UK culture secretary …
Greg Stohr / Bloomberg:
Filing: Trump asks SCOTUS to pause the law that could ban TikTok, saying the court should give him time to “pursue a political resolution” of the dispute  —  President-elect Donald Trump asked the US Supreme Court to pause a law that would ban the TikTok social media platform …
RELATED:
Todd Spangler / Variety:
Eight free-speech groups, including the EFF, and three members of Congress file briefs with SCOTUS in support of TikTok's appeal against the divest-or-ban law
Financial Times:
Meta expects AI-generated characters to “generate and share content” and “over time, exist on our platforms”, similarly to regular accounts  —  US tech group is rolling out a range of artificial intelligence tools to drive engagement
New York Times:
Sources: after Trump's election win, NPR is preparing for a variety of funding possibilities, including that government money will be clawed back immediately  —  Republicans in Congress have tried to defund public media for decades.  With the help of Elon Musk, could they finally make good on their threat?
 
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Youkyung Lee / Bloomberg:
Shares of South Korean entertainment companies related to Squid Game drop 20%+ following a less-than-perfect debut for the new season of the series on Netflix
 

 
From Techmeme:

Washington Post:
Sources: Chinese government hackers breached the US Treasury Department's OFAC, which administers economic sanctions, and two other Treasury offices

Matt Simons / Courthouse News Service:
A judge blocks parts of California's SB 976, a law to protect kids from social media, citing 1A concerns, but allows a ban on “addictive feeds” for minors

Wall Street Journal:
As Beijing pushes for self-sufficiency in the $80B+ per year car chip business, sources say the use of homemade chips in Chinese cars has risen to around 15%
 
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